Marc Faber, publisher of the Gloom Boom and Doom Report, says that we are in a period of correction right now and say “I Am Long the Dollar” The U.S. dollar may appreciate well over 10 percent against the euro during the next quarter, says Marc Faber, the...
Marc Faber at the Barron’s Art of Successful Investing Conference on October 29, 2009. Topics of discussion include Marc Faber’s analysis of: The US dollar; near-term and long-term forecast Equities vs. Economy; Market Risk Global currencies and central...
Well known economic analyst Marc Faber still likes gold, especially when compared to equity prices. In his October 2009 Gloom Boom & Doom report, Faber discusses his long-term outlook for the shiny yellow metal: “Some pundits will argue that precious metals...
Marc Faber on Bloomberg, October 26, 2009. Your cash purchasing power diminishes over time, like the US Dollar is weak. That’s a symptom of inflation. To have deflation really in the system you would have to have a strong currency. As long as the currency is...
The dollar has been decimated over the last six months as investors have piled into global stock markets. In hindsight, the risk seems to have been worth it, with stock markets in the US, China and Europe exceeding gains of 50% since the March 2009 lows. There has...
After a massive upswing in US stocks over the last six months, the recent rally may finally be coming to an end. It seems that the trend of rising stocks on bad or better than expected news may be in a reversal, as evidenced by market participants’ caution over...