Marc Faber of the Gloom Boom & Doom Report thinks geopolitical issues will become more important for US markets, and says he thinks gold has bottomed. 160 more words
Tags » Marc Faber
who is Marc Faber?
I first encountered Mr. Faber when I began studying the Hong Kong market in 1985. He was an early practitioner in that market of what one might call the “infotainment” wing of the institutional brokerage business (something that has now morphed, in a much less sophisticated form, into the financial channels on cable TV and radio). 313 more words
One of the most important things that I tried to look methodically every time I study an investment is the soul of the street. Specially, the point of view of those who are IN the markets by his will or by accident, but without more than a superficial knowledge of the markets. 503 more words
Marc Faber’s views are never radical, yet, his explanations are always original.
What would happen without a middle class? Government dependency. Those displaced by a nonexistent middle class would become dependent on the government for various goods/services, leaving the rest with a great deal of responsibility. 162 more words