Best of the Week
Most Popular
1.Putin’s World: Why Russia’s Showdown with the West Will Worsen - John_Mauldin
2. Stocks Bull Market Grinds Bears into Dust, Is Santa Rally Sustainable? - Nadeem_Walayat
3. Gold and Silver 2015 Trend Forecasts, Prices to Go BOOM - Austin_Galt
4.Gold Price Golden Bottom? - Toby_Connor
5.Gold Price and Miners Soar on Huge Volume - P_Radomski_CFA
6.Stock Market and the Jaws of Life or Death? - Rambus_Chartology
7.Gold Price 2015 - EWI
8.Manipulated Stock Market Short Squeezes to Another All Time High - The China Syndrome - Nadeem_Walayat
9.Gold, Silver, Crude and S&P Ending Wedge Patterns - DeviantInvestor
10.Is the Gold And Silver Golden Rule Broken? - Michael_Noonan
Last 5 days
The Price Of Oil Exposes The True State Of The Economy - 27th Nov 14
Brazilian Bovespa Stock Market Technical Analysis - 27th Nov 14
Gold Price Would Soar on Possible Swiss Yes Vote - 27th Nov 14
Crude Oil Asset Bubble Trouble - 27th Nov 14
Thanksgiving and Puritan Geopolitics in the Americas - 27th Nov 14
The Dow Jones Stocks Index - Beautiful Tree in the Desert - 27th Nov 14
The Digital World, The Opiate of The People - 27th Nov 14
Harry Dent's Simple Strategy for Surviving Withdrawals from Markets on Crack - 27th Nov 14
Socialist France Just Cannot Compete Against Google Freedom - 27th Nov 14
A Short Tale About the Grand Manipulation of Crude Oil Prices - 26th Nov 14
China Secret Gold Buying ... How Could It Happen? - 26th Nov 14
Gold Price Spikes to $1,467.50/oz on Computer Glitch? - 26th Nov 14
Gold - So Bad It's Good: Surviving 2014 - 26th Nov 14
TrueShopping.co.uk Real Customer Experience Review - Online Shopping Lessons - 26th Nov 14
Is There A New Global Consensus About Cheating Investors To Reboot Employment? - 26th Nov 14
EUR/USD – Currency Bulls Don’t Give Up - 26th Nov 14
Swiss Gold Referendum A Golden Opportunity for Switzerland - 25th Nov 14
Silver: What COT Analysis Tells Us - 25th Nov 14
Stock Market Big, Bold and Ugly - 25th Nov 14
U.S. Dollar Near Top? Gold and Silver Trading, Platinum Breakout Invalidation - 25th Nov 14
Buy Fear - Easily Pick Up Profits on Stock Market Dips - 25th Nov 14
The Islamic State Reshapes the Middle East - 25th Nov 14
Gold Price Forecast 2015 - 25th Nov 14
The Swiss Referendum On Gold: What’s Missing From The Debate - 25th Nov 14
Clash of Generations - Why Millennials Still Live at Home; Not Jobs, Student Debt, or Housing - 25th Nov 14
Stock Market Reminiscent of Pompeii - 25th Nov 14
Once Upon A Time There Were Philosopher Kings - 24th Nov 14
The 2014 Crude Oil Price Crash Explained - 24th Nov 14
China Stock Investing - Follow the Money! - 24th Nov 14
122 Tonnes of Gold Secretly Repatriated to Netherlands - 24th Nov 14
What Causes the U.S. Dollar to Move? - 24th Nov 14
Stock Market Indexes New Highs - Will Uptrend Extend Even Further? - 24th Nov 14
All Hail the King U.S. Dollar - Trend Forecast - 24th Nov 14
Where Is China Economy On The Map Exactly? - 24th Nov 14
Most of The World Economies Panic - Is The US Next? - 24th Nov 14
Stock Market Exhaustion Gap? - 24th Nov 14
Gold Golden Gains Come After The Pain - 24th Nov 14
Crude Oil and Stock Market Setting The Stage For The Next Recession - 23rd Nov 14
This Publicly-Owned Bank Is Outperforming Wall Street - 23rd Nov 14
Who’s Ready For $30 Crude Oil Price? - 23rd Nov 14
Strategic, Methodological and Developmental Importance of Knowledge Consumption - 23rd Nov 14
Manipulated Stock Market Short Squeezes to Another All Time High - The China Syndrome - 23rd Nov 14
Gold Price 2015 - 22nd Nov 14
Stock Market Medium Term Top? - 22nd Nov 14
Is the Gold And Silver Golden Rule Broken? - 22nd Nov 14
Malaysia's Subsidy and Budget Deficit Conundrum - 22nd Nov 14
Investors Hated Gold at Precisely the Wrong Time: What About Now? - 22nd Nov 14
Gold and GLD ETF Selloff - 22nd Nov 14

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Gold Report 2015

Marc Faber on the Coming Economic Catastrophe Triggered by the Next AIG to Fall

Economics / Great Depression II May 31, 2010 - 03:34 AM GMT

By: Videos

Economics

An hour long Diamond Rated - Best Financial Markets Analysis ArticlePresented by Marc Faber at "Austrian Economics and the Financial Markets," the Mises Circle in Manhattan in New York, New York. Includes an introduction by Mises Institute president Douglas E. French. We ain' t seen nothing' yet, says Marc Faber.


Marc Faber, the only guy who can tell a room full of people that they are doomed and receive a standing ovation.


© 2005-2014 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

freg
02 Jun 10, 09:16
Faber

Faber is a hack.


Ted
08 Jun 10, 05:45
Faber is a hack

He is a hack and an idiot like the other extremists (Schiff, Roubini, etc.) Listen to these men and you will go broke. These guys are trying to manipulate gold and the dollar while steering you into the sewer. Do not trust what they say. If you think they have a clue, you are very naive.


Proph
19 Apr 11, 21:54
Faber

It's great to hear someone speak the truth so bluntly. Amazing how he called the turn around in March 2009 and gold stocks at the end of November 2008. All I can say is thank you Marc. You made me a lot of money.

For the naive speaker above keep on listening to the shills!

Pain is the best teacher.


Paul_B
20 Apr 11, 15:20
Faber is the Main Man!

Faber has been right all along. It's people with his skeptical outlook that have been making all the big money and making the right calls over the last several years. When Faber speaks, I listen and take heed. When Goldman speaks, on the other hand, I know for a fact they're trying to sell me a pig in a poke and throw people off the scent. That's what they did to their own paying customers: sold them junk stock on recommendation. If they're low enough to do that to even their own customers, then there's no way on God's earth am I paying a shred of attention to any of the projections/ predictions Goldman and others of their ilk casually spew out for free. Stick with Faber, Schiff and Celente and you won't go far wrong.


TraderJoe
20 Apr 11, 18:59
Faber IS A HACK

I am a former subscriber to Fabers doom and gloom service, and know preciesly that he is a hack seller of junk that called an end to the Stock market rally in October 2009,

Here are some quotes From October 2009 - google them for proof !

“probably a total collapse in the second half of the year when it becomes clear that the economy is a total disaster.”

And celente is a clown that just repeats the same doom views over and over again - i.e. october 2009 -

Gerald Celente, Trends Research forecaster and contrarian thinker, advised listeners of the Jeff Rense show on September 23rd to look out below, calling it the Christmas Crash. He believes that the next collapse will come quickly, sometime this Fall, but as late as January or February of 2010:

There is no accountability, these hacks keep getting away with selling junk to the gullible.


Paul_B
21 Apr 11, 16:57
Market Crash

@TraderJoe

The market would have long since crashed to around 5,000 but for a couple of little things: zero interest rates and QEx. The Fed is just kicking the can down the road. In doing so they're just putting off the fateful day. It doesn't invalidate the observations of guys like Faber and Celente on iota. Just sets back the dates, that's all.


Will
22 Apr 11, 16:10
Perma-bears and perma-bulls

Ok, it's all about consistency in investing. Clearly these extremist perma-bears (schiff, faber, roubini, ect)have been warning of the same disaster for over 10 years. They only know one way, they can't switch gears. Same can be said for all the CNBC perma-bull hacks that they trot out to make the sheep feel good about things. If you're a real investor you don't pay attention to their noise, because that's all they provide.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Free Report - Financial Markets 2014