Marc Faber speaks on various countries economic downfall, worlwide bailouts and the effects it will have on currencies. He gives his thoughts on buying gold.
How can you doubt Dr Marc Faber, the voice of rational expectation. The voice of the Austrian School of Economics. He speaks the truth ! he is a billionaire who is not like other Billionaires because he shares his knowledge with the people. Kaynes would never approve of these deficits, what they have done in his name is a disgrace to the man. Kaynes would have said you only run a fiscal deficit in the recession after running a fiscal surplus in the boom!. That is Kaynesianism!
The guy who said gold is a ponzi scheme should be fired for his stupidity. People are trying to protect their wealth from the fraud of central banking by buying gold and this ignoramus is against that. How stupid can you be?!
@stoneeh i agree. but i think his point is i think what you pay for an investment is what determines whether it is a good investment or not. That is why he recommends vietnamese equities over us equities.
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kbgoldrocks 10 months ago
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Silver1Up 1 year ago
How can you doubt Dr Marc Faber, the voice of rational expectation. The voice of the Austrian School of Economics. He speaks the truth ! he is a billionaire who is not like other Billionaires because he shares his knowledge with the people. Kaynes would never approve of these deficits, what they have done in his name is a disgrace to the man. Kaynes would have said you only run a fiscal deficit in the recession after running a fiscal surplus in the boom!. That is Kaynesianism!
harrybath 1 year ago
I suggest people buy a little gold every month...forever! lol!
whippoorwillss 1 year ago
"Im a huge fan of yours, but dont' have the first clue about the fundamentals of what you speak"
gold a pyramid scheme??? wtf
leone20012 1 year ago
Is that guy a fucking idiot? Gold...a pozi scheme? I guess the whole rest of civilization throughout history got it wrong!
LibertySole 1 year ago 2
The guy who said gold is a ponzi scheme should be fired for his stupidity. People are trying to protect their wealth from the fraud of central banking by buying gold and this ignoramus is against that. How stupid can you be?!
truevoice08 1 year ago
@stoneeh i agree. but i think his point is i think what you pay for an investment is what determines whether it is a good investment or not. That is why he recommends vietnamese equities over us equities.
dontdispie 1 year ago
sadly marc ignored the interesting question of unproductive gold vs productive equities (stocks). although i agree gold is the much better investment
stoneeh 1 year ago
A check of the CNBC website reveals that this interview was conducted on Thursday morning, March 4, 2010.
saturn5100 1 year ago