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Marc Faber on US Bubble, 'worthless' dollar & Gold 'the Savior'

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Uploaded by on Feb 5, 2010

Marc Faber, author of Gloom Boom and Doom Report says many Western governments would eventually follow the US 'inevitable' default suit. Outspoken investor and writer Marc Faber doesnt give America much time before it goes bust.

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  • @nek0s You're looking at gold the wrong way. Gold and silver are not commodities to invest in but rather the only true form of money that ever existed in order to be able to buy commodities. We're the dummies who allowed our crooked leaders to substitute the real thing God created for bartering with fiat currencies that can be created on a printing press at will.

  • Entire Counties are Bankrupt, the Biggest Bailouts worldwide in history. Biggest gov spending budgets in history, uncertainty in all gov AT ALL TIME HIGHS; the reserve currency (US dollar) is declining every day, astronomical money printing. Countries around the world are in decline, along with their Real estate, commercial Property markets & retail sectors. Gold /silver/ other precious metals the “people’s security” is at all time highs & will go through the stratosphere

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  • 1:46 guy nukes earth with stare

  • @imzombieme i could say the same thing about you (satire) and be right.

  • @chadinterrupted DAMN. you are very smart. (SATIRE)

  • @imzombieme it's still doesn't do anything that people need.

  • The ultimate social security is the traditional Judeo-Christian Family Multi-Generational Network. The ultimate health care is good land combined with good agriculture producing good healthy disease-resistant people like the Hunza because of their agricultural infra-technostructure where everything is fresh not months or yrs old because of chemical preservatives and freezing storage and a good public transportation utilities network giving people a choice not to use their private cars.

  • @kc1964kc there are some things in this world which will always be true whether you believe in them or not. telling the truth is not bad at all, in fact, it forces governments to do something about it if they are honestly sincere in solving their economic crises

  • @chadinterrupted coz gold cant be faked. a.k.a. it cant be printed unlike the $

  • folks like this, jim rodgers too, are the real terrorist...they speak of our country in derogatory terms while taking the best of that same country. is smacks of bigotry and hypocrisy. financiers/ bankers (that is what they r whether they admit it not) have no patriotic duty...not even to the hard working class who ultimately pay for their hate speech have to be in the position these folks put them in...join the zeitgeist movement sustainable future.

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