Marc Faber

With the global economy n recession and inflation headed toward zero, government bonds are looking like the best place to put ones money. As a result, we have seen yields on these assets drop to incredibly low levels in the world's largest…

Marc Faber is a hard money, old school investor who thinks that the U.S. government is going to reflate in order to avoid depression and that means gold. But, for those of you who don't know economic history, the fact is that this has been…

Artificially low interest rates are what got us into this mess. Why should we think that they will help us get out? That's the question I ask myself and Marc Faber, otherwise known as Dr. Doom, answers that they won't.They certainly…

Faber thinks that the U.S. needs a lot more money than the Paulson Economic Patriot Act suggests. I agree 100%. His figure is $5 trillion! That's a lot of dosh.Here is how he is quoted on Bloomberg:"The $700 billion is really nothing,''…

Oil at $100? That's certainly my call and I'll stick to it. So far my call of oil peaking at $150 is holding.( We'll see for how long). On July 9th, after oil's first pullback to $138 I said:Yesterday, oil fell the most in one day since…

"I think a lot of banks are already bankrupt." "And a lot of insurance companies and financial institutions, but they hide their rotten assets in level three asset categories, where you don't need to value them." "I think the financial…

The Vancouver Sun is on a roll today. They have another post on ICBC that makes for interesting reading. Frankly, I don't know what to make of it. But it makes for a good read. Chinese bank has market cap twice that of JPMorgan First,…

In an interview with CNBC India, international investor Marc Faber says that gold is his commodity of choice right now. Marc Faber sees demand for commodities to come off in second half of 2008 in India and China. He will rather buy gold…

These are the picks of the day according to an article about what international investor Marc Faber is looking at. Despite the article's bullish call on commodities, I know that Faber is on the record as saying that oil is due for a…