Marc Faber says Bernanke won't let stocks crash

Mark Faber - be your own central bank and buy gold!

Faber is confident we won't "see 666 on the S&P 500 ever again." He says "if we go down by 10-20% on the S&P 500, our money printer Ben Bernanke will flood the market, weakening the dollar," and thereby driving up stock prices.

Janet Yellen is Contender to Fed Vice Chair, another money printer.

http://www.zerohedge.com/article/mish-and-faber-discuss-why-fed-will-never-al...

Category:

People & Blogs

Tags:

• Mark
• Faber
• Ben
• Bernanke
• gold
• silver
• Janet
• Yellen

[rollinglibs101]

So when do you see silver even breaking $20.00?

[silverfuturist]

@rollinglibs101 I am not able to predict timing of price breaks, I just look at fundamentals and what the pundits are saying.

[rollinglibs101]

I know what you are saying..Trust me I am not buying on anyones opinion except my own..I was just asking for a hypothesis?..I hear alot of the nuts on youtube talking about $1000.00 a ounce silver..I just want to see what frame of mind you are in?

[silverfuturist]

@rollinglibs101 $20 could happen in the spring, but it might happen later in the year. It all depends on when the Fed and "plunge protection team" decide to react.

[kensho3]

Futurist- interesting point: Bob Chapman is convinced that Marc Faber is an illuminati plant.

[silverfuturist]

@kensho3 So far Marc Faber has been mostly right, I wouldn't be surprised if Marc Faber is in one of those secret-handshake kind of clubs.

[zappos49]

We took down Saddam after he switched oil sales from the dollar to the euro.

[feegeit]

what a treat wake up and have a silverfuturist video already. love your vids!

[TheCashistrash]

@rollinglibs101 there are some comex whistle blowers that claim silver is leverages by a factor of 100X. i don't know if that is true or not but i decided buy 200 ounces just in case. Hey u never know. it cost me 3800.00 at the time when i buy it now its about 4600.00 not bad 800 dollar gain in about a year. if it hits 1000 dollars an ounce i be a very rich man. LOL not betting on it but hey u never know.

[TheCashistrash]

@rollinglibs101 the reason why alot of people say silver should be at around 1000.00 dollars an ounce is because historically before modern times and the manipulation of both silver and gold. silver used to equal the typical working man's wages for an entire week. Remember the bible Judas betrayed Jesus for 30 silver ounces. That was about half a years wages. those 30 ounces now is about a weeks wages. HMMM what happened to silver?

[jhunted7667]

it's not crazy $1000.00 silver and here's why , the gold silver ratio when silver was legal tender was 16 to 1 ... so if the monitize silver right now they would have to reprice silver to $160 an ounce so if gold goes to $15,000.00 an ounce what would that do to silver

[rollinglibs101]

This is a very interesing article..Have you read it?

Is China's Politburo spoiling for a showdown with America?

The long-simmering clash between the world's two great powers is coming to a head, with dangerous implications for the international system

By Ambrose Evans-Pritchard

Published: 5:33PM GMT 14 Mar 2010

[rollinglibs101]

Time will tell.Keep up the good-vids..You seem to be a level headed person..Well atleast I hope so.

[mlndstream]

I read a 5yr chart for gold in AUD making higher highs and higher lows forming a slow upward curve rather than just a straight upward line anyway.I read a quote from Warren Buffet once saying he always buys assets with the question in mind of whether he would want to hold the asset if the markets shut down for 10yrs.All fiat currencies will have their value ruined somehow and at some time in the years ahead imo