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Tag Archives: Marc Faber

Dr. Marc Faber: We Are Probably Already In a Recession

Not too long ago, Peter Schiff said, “The rate hikes of the past have already guaranteed that the economy is headed for recession. It doesn’t matter whether they continue to raise rates in the future. The recession is a done deal.”In a recent interview, economist and editor of the ,  Dr. Marc Faber, expressed a similar sentiment, saying, “Forget about the coming slowdown because the economy has already been backing up for months and we’re likely already in a recession.”Investors are...

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Marc Faber Racist Diatribe Costs Him CNBC, Fox Slots; Sprott Board Seat

Update: as previewed earlier, Sprott announced that at the request of the Board of Directors and Sprott management, Marc Faber has resigned as a director of the Company effective immediately. “The recent comments by Dr. Faber are deeply disappointing and are completely contradictory with the views of Sprott and its employees,” said Peter Grosskopf, CEO of Sprott. “We pride ourselves on being a diverse organization and comments and behavior of this sort will neither be condoned nor...

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More Gloom from Dr. Doom: Marc Faber Predicts “Massive” Asset Price Deflation (Videos)

In April, Marc Faber called the US economy terminally sick and predicted a 20 to 40% crash in the stock market. In a recent interview on CNBC’s Trading Nations, “Dr. Doom” reiterated that US stock markets are overvalued and that there will eventually be a “massive” deflation in asset prices. Ironically, Faber’s comments came the same day the NASDAQ set its latest intraday record high of 6,341.70. Faber points out that when you break it all down, only a few stocks are...

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Angst In America – Disappearing Pensions

Authored by John Mauldin via MauldinEconomics.com, “Companies are doing everything they can to get rid of pension plans, and they will succeed.” – Ben Stein “Lady Madonna, children at your feetWonder how you manage to make ends meetWho finds the money when you pay the rent?Did you think that money was heaven sent?” – “Lady Madonna,” The Beatles There was once a time when many American workers had a simple formula for retirement: You stayed with a large business for many years, possibly...

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Dr. Doom’s Back: Marc Faber Warns Markets Will Fall “Like An Avalanche… Trump Can’t Stop It”

"One man alone cannot make 'America great again'. That you have to realize," warns Marc Faber, the editor of "The Gloom, Boom, & Doom Report," reminding the world that the US stock market is vulnerable to a seismic sell-off that won't be caused by any single catalyst. His argument: Stocks are very overbought and sentiment is way too bullish for the so-called Trump rally to continue. "Very simply, the market starts to go down. As it goes down, it will start triggering...

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What 12 ‘Financial Experts’ Predict For The Economy in 2017 (Spoiler Alert: It’s Ugly)

Submitted by Daisy Luther via The Organic Prepper blog, What lies ahead for the economy this year? Will the economy finally collapse as predicted by many or will the early positive signs in stock markets around the world continue and the global economy will flourish? I’ve taken a lot of heat for being “gloomy” and for “fear-mongering” lately when I’ve said that President-Elect Trump is inheriting a mess of epic proportions and that we may still be in for a rough financial ride. While I do...

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Dow 100,000? Marc Faber Warns: Central Banks “Will Monetize Everything… Introduce Socialism”

Submitted by Valentin Schmid via TheEpochTimes.com, They call him Dr. Doom and for good reason. Dr. Marc Faber, author, investment adviser, and publisher of the Gloom, Boom & Doom report, usually emphasizes the risks in the financial system and never minces his words.   However, his views are more nuanced than most people think, and his advice for investors is more pragmatic than idealistic.   Epoch Times spoke to Faber about central bank manipulation of financial markets, the...

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Farage Threatens To “Destroy The Old EU” As Marc Faber Says Brexit “Best Thing In British History”

The European Union is an "empire that is hugely bureaucratic," warns Marc Faber, telling CNBC that he thinks that "a Brexit would be bullish for global economic growth," because "it would give other countries incentive to leave the badly organized EU." The Gloom, Boom & Doom-er explained that Brexit is a risk Britain should be willing to take, and that it would not be a disaster, "on the contrary, it would be the best thing for Britain that would ever...

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If You’ve Got Gold, You’ve Got Money; If You Haven’t Got Gold, You’ve Got a Problem

      If You’ve Got Gold, You’ve Got Money; If You Haven’t Got Gold, You’ve Got a Problem Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL)       Akin to ancient Rome, the United States has over-extended herself. She has created a climate that could easily be transformed into a war on a slight pretext. Wars, as it is well known are also a means a nation can extricate itself from debt and financial responsibility. – The U.S....

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Marc Faber: “Messiah” Central Banks Currency Printing “Will Not End Well”

Marc Faber: “Messiah” Central Banks Currency Printing “Will Not End Well” Marc Faber has warned that a new financial crisis is coming and will be worse than the 2008 one and told Bloomberg TV that the “messiah” central banks “helicopter money ” policies “will not end well.”   Marc Faber   Faber warns that ultimately “you cannot grow an economy by just throwing money at people” and that “QE for the people” will be like “throwing gasoline on a fire.” Faber is entertaining, has a...

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