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
Why It's Way Too Early to Count Out Putin - and Russia - 22nd Dec 14
Stock Market At Minor Top - 22nd Dec 14
UK Christmas Sales 2014 High Street Start Dates List - 22nd Dec 14
Ruble Takedown Exposes Cracks in Putin’s Defense - 20th Dec 14
Oil Drilling Our Way Into Oblivion - 20th Dec 14
Stocks Bull Market Resumes - 20th Dec 14
Gold And Silver Nothing Is Ever As It Seems And No Respite For PMs - 20th Dec 14
What Are Technical Indicators Saying About the Stock Market? - 20th Dec 14
Here’s How You Can Still Make 27% With Apple Even if You Buy Now - 20th Dec 14
Gold Stocks to Shine in 2015 - 19th Dec 14
Why Alibaba Stock Shares Are a Screaming Buy - 19th Dec 14
China, Dollar, Japan, Europe Burning Questions for 2015 - 19th Dec 14
U.S. Economy is in a Sweet Spot! - 19th Dec 14
US Dollar and the Gold Fairy Tale - 19th Dec 14
Show Me The Money (Flow)! Tracking Money-Flow Through Value Shifts In Stock Markets - 19th Dec 14
The Commodities Market Is Not Dying, It’s Just Hibernating - 19th Dec 14
The Price Of Gold And The Art Of War - 18th Dec 14
Euro Succumbs to ECB QE Expectations and FOMC - 18th Dec 14
John Williams: A Downhill Run for the U.S. Dollar in 2015 - 18th Dec 14
Outrage at Taliban Islamic Fundamentalists Massacre of 132 Pakistani School Children in the Name of God - 18th Dec 14
How Inflation Changes Retirement Benefit Choices - 17th Dec 14
The Real Reason It's Tough to Beat the Stock Market - 17th Dec 14
Russian Currency Crisis and Debt Defaults Could Create Contagion in West - 17th Dec 14
How to Profit From Russia's Stock Market Crash - 17th Dec 14
Russia Crisis - If You Put Your Money in the Bank Will You Get it Back? - 17th Dec 14
Crude Oil Price Crash, U.S. Employment and Economic Growth - 17th Dec 14
Opposing Forces At Play In Gold and Silver Precious Metals Complex - 17th Dec 14
Wall Street Will Always Find An Excuse For Not Raising U.S. Interest Rates - 17th Dec 14

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Dramatic Stock Market Selloff

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