Marc Faber : Gold Price may not exceed the $1,922/oz in 2012

Marc Faber : This year the Gold Price may not exceed the $1,922/oz high that we reached on Sept. 6. Maybe it will. I'm not a prophet. I'm just telling people that I'm Buying Gold and holding it. I don't speculate in gold. If you Buy Gold, you better understand that the price could always move to the downside. If you don't understand that, don't invest in gold—or in anything. - in The Gold Report

Marc Faber and the Next Bubble

Marc Faber : We had the NASDAQ bubble 12 years ago, the housing market bubble probably five years ago, and I would say also a bubble in commodities in 2007–2008, when oil spiked to $147. What's next, I'm not so sure. I could imagine some stocks, maybe some precious metals, in a bubble stage—not the entire market necessarily. - in The Gold Report

Marc Faber : In 2012 Invest In Gold & Stocks

Marc Faber : "Political risk was high six months ago and is higher now. I think sooner or later, the U.S. or Israel will strike Iran - it's almost inevitable,"
"Say war breaks out in the Middle East or anywhere else, (U.S. Federal Reserve chairman) Mr Bernanke will just print even more money -- they have no option...they haven't got the money to finance a war,"
"You have to be in precious metals and equities ... most wars and most social unrest haven't destroyed corporations - they usually survive,"
"If you can't live with volatility, stay in bed,"
"The Americans and the western powers know very well they cannot contain China economically.... but one way to contain China is to switch on and switch off the oil tap from the Middle East,"
"I happen to think the Middle East will go up in flames," Dr Marc faber told Reuters on Tuesday on the sidelines of an investment conference

Marc Faber : A Correction in the Markets is Coming

Marc Faber, editor and publisher of the Gloom, Boom & Doom Report, discusses how an investor should allocate his or her portfolio in the face of a stock market correction he thinks is coming in the short term." I think investors misunderstand what is risk , I think it is highly risky to have all your money in cash , if I did not have anything today , I will invest right away little bit in equities little bit into properties and little bit into gold and accumulate every month"

Marc Faber : QE3 depends on the S&P

Marc Faber : "QE3 depends on the S&P, if the S&P drops 100-200 points, then yes, for sure we will have QE3 but if the S&P stays here or even goes up, the likelihood of QE3 diminishes,"
“Bernanke targets asset prices, he doesn’t admit that, but he doesn’t want asset prices to go down,”
“The S&P went up from 666 on March 6 2009 to 1,370 (presently) so it has more than doubled and that has to do with QE1 and QE2,” - in CNBC 4 Mar 2012
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Marc Faber : Correction Ahead for Equities

Dr.Marc Faber, Editor and Publisher, Marc Faber Limited, The Gloom Boom & Doom Report, says that we will see high volatility in all asset classes over the next few years and that global equities are overbought, calling for a correction in equity markets in the near-term

Marc Faber : Buy Farmland & Gold

Marc Faber : I would even say I'm insanely pessimistic about the paper currencies, the currencies uncovered. The Middle East is a tinderbox because of the oil. In addition, I expect a collapse of social systems due to the aging of the countries. In preparation for the final crisis, I would buy farmland land and own gold. - in Handelsblatt

Marc Faber : I am terribly pessimistic

Marc Faber : The ECB tender has obviously helped (the stock market rally ). Because Greece has been pouring liquidity into the system. The stock markets rallied also because of the flood of money and because of the Euro-land crisis. Without the crisis, we would not even these gains
Maybe for some time (the stock market will still rally ) . The situation reminds me a little bit of 1987 At that time, stock prices rose during the year by about one third only to crash in October. - in Handelsblatt

Marc Faber : We need a two-tier banking system

Marc Faber : The financial system has become too large in relation to the real economy . When I began to work in the early '70s, the investment bankers were still stuck with their assets. Today the bankers speculate with other people's money - risk free. A German bank, for example, is now a hedge fund with no risk of loss. Why? Because the bank in question is rescued by the state. We need again a two-tier banking system. - in an interview with the German paper Handelsblatt 1st March 2012

Marc Faber : Obama & Bernanke are Clowns

Marc Faber : I've been saying for some time: people like the U.S. Federal Reserve Chairman Ben Bernanke and President Barack Obama are academics and clowns. They have created the credit bubble with their low interest rate policy. So the politicians are responsible for the crisis. And just now they are presenting themselves as saviors. - in an interview with the German paper Handelsblatt 1st March 2012

Marc Faber : The honest savers will pay the price - Inflation is inevitable

Dr Marc Faber Says ECB latest loans to European banks will only calm markets short-term, lead to inflation in the long-term and push banks’ funding problems into the future, in an interview with the German newspaper Handelsblatt published today 1st March 2012 : Marc Faber: "No, it just shifts the problems in the future. I've always fought against this policy of printing money. Central banks in many countries only dilute the money, it loses its purchasing power. Inflation is inevitable." - in handelsblatt.com

Marc Faber : let Greece go bust Now

Marc Faber : I think there is a possibility of a new government (in Greece) but whatever happens the fact is 'Greece is Bankrupt' , now if you have a bankrupt company either you let the company go out of business or you support it with government interventions , I am against the support and the government interventions but we have to look at it that's the way it is in today's environment and may be they will continue to support Greece , the fact is someone will take a loss somewhere , either the tax payers who have to continuously bailout Greece and I think in the end they will default anyway but it can be postponed , the best would have been to let Greece go bust right away it would have been far less costly than now ....- in Bloomberg Radio - 21 Feb 2012

Marc Faber : Government Statistics are Garbage

Marc Faber : “I am not interested in the garbage these government officials broadcast either they are lies or they are distrustful,”
“You can’t trust them anymore because they produce statistics that are completely unrealistic.”
“the dollar is doomed.” Marc Faber added without giving a date of when that may happen

Marc Faber not optimistic about the Euro

Marc Faber : well significant appreciation I doubt , but the Euro was very weak until just recently and recently testing strengthening and I think this strengthening might last a little bit longer , but I am not optimistic about the Euro , I think in general the US is in better shape than say the European economies and in the US we see some result of the money printing which is say the bottoming out of the housing market and slight improvement in economic activity - in Bloomberg radio
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Marc Faber invested in Thai Hospital Stocks & Food Companies Stocks

Marc Faber : yes I still own some ( Thai Hospital Stocks) but I sold some because they had a huge run-up , but i still own quite a few but my biggest positions are in food stocks in Thailand , because if you look at the competitive advantages Thailand in the production of food has a huge advantage because everything grows here and the climate is favorable for agriculture and these companies are relatively well diversified and I suppose technically quite advanced they are quite competitive in the world so that's one reason I own food and food related companies and in general in Asia I believe you want to be in consumption place because I can see that the trends is obviously towards higher and higher consumption
- in Stansberry Radio
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2012 is Nothing like 2008

2012 is "Nothing like 2008" - O'Neill, Marc Faber, Siegel, Dreman - World Markets Outlook . Dr. Marc Faber says Stocks may" disappoint" after a" strong open," in the first half of this year, Marc Faber, publisher of the Gloom, Boom and Doom report, said in a recent Bloomberg television interview...

Marc Faber Keynote speaker @ The Middle East Investment Summit in Dubai UAE

Dr Marc Faber will be a keynote speaker at the Middle East Investment Summit next month in Dubai UAE on One Tuesday 6th March 2012 . Marc Faber Keynote is entitled : forecasting prospects for the global economy

    The opportunities for institutional investors if sovereign debt continues to spread
    Social and political unrest in the MENA region
    Emerging frontier markets; investing in new country specific hotspots
    How investors can take advantage of new regulatory requirements

Marc Faber Bullish on Thailand

Marc Faber : “Some companies will have second thoughts about expanding their Thailand operations, but the majority will continue to operate here,” Marc Faber is still bullish on Thailand despite the recent floods , Marc Faber lives in Chiang Mai Thailand ,

Marc Faber Interview Bloomberg Radio - 21 Feb 2012

Marc Faber : "The final crisis in Europe has been postponed by monetary intervention , it is not being resolved but it is being postponed and as you know the market is a discounting mechanism and therefor has rallied very strongly in the US , from the S&P low of 1074 on October 1st to now 1360 or thereabout so basically the markets are anticipating a resolution to the crisis "

Marc Faber : Japan is my favorite Equity Market

Marc Faber : “I think there's a good chance that Japanese stocks will surprise on the upside," - in CNBC

Marc Faber : Gold is safer from Confiscation in Asia

Marc Faber : You know what worries me the most is this continuous blackmailing of countries by America like the Swiss they had to divulge the account names of Americans who have accounts in Switzerland , I think the Swiss government did a lousy job t should have refused to divulge this information but anyways there was enough pressure and of course the pressure rose because Swiss companies have large holdings in America so the Americans said look you do not disclose the names of these accounts we close down your shop in America and the banking lobby of course they obliged and so forth , but I am worried that one day if the US does the same as in 1933 namely seize the gold they did not expropriate they paid for it , if that happens again they will go to the Europeans and to the Swiss and tell them that they have to do the same and probably they would oblige , but in Asia I don't think the Americans could do that , so i keep some gold in Asia and the bulk is still in Switzerland but I am thinking about moving it more and more to Asia - in Stansberry Radio
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Marc Faber : Platinum a better Buy than Gold right Now but I stick to Gold

Marc Faber : right now I think that Platinum from a timing perspective is a better buy than Gold because it sells at a discount to gold , but in some countries you have to pay sales taxes on Platinum whereas you do not pay sales taxes on gold and so on and so forth , so you have to check what's the tax status is , I just stick more or less to Gold , I have a lot of friends who are much more positive about silver than gold but I keep my gold in safe deposit boxes they would not be big enough for the silver - in Stansberry Radio
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Investing in Russia

Marc Faber : I was a founder of the second Russian fund , with my partners and then they wanted me to sell out in 97 so I sold , I have from time to time investments in Russia and I own some bonds of Russian companies " and regarding the yields he is getting on those Marc Faber explains " well it depends on when you bought them , but in general my bond portfolio in Russian bonds has may be a yield of 7-8 percent something like this " - in Stansberry Radio interview

Marc Faber : dual currency system as a solution for Europe

Marc Faber : You could have a dual system whereby countries have local currencies but many transactions still occur in euros as people don't trust the local currencies.

World War III will be very positive for Stocks and negative for Bonds

Marc Faber : It is very positive for stocks and negative for bonds, because debt will grow dramatically. There will be massive monetization of debt. When the U.S. entered World War II total credit equaled 140% of GDP, and there were no unfunded liabilities. Now total credit-market debt is 380% of GDP, and unfunded liabilities make that 800%. - in Barron's 2012 Roundtable

Marc Faber on China & World War III

Marc Faber : On another optimistic note, World War III will occur in the next five years. That means the Middle East will blow up. New regimes there will be less Western-friendly. The West has also figured out it can't contain China, which is rising rapidly and will have more military and naval power in Southeast Asia. The only way for the West to contain China is to control the oil tap in the Middle East. - in Barron's 2012 Roundtable

Marc Faber : Southern US Housing Market Very Attractive Investment

Marc Faber : "If you look at the supply of homes, new construction, and you compare it to immigration into the United States, to the growth of the population, then these (southern) markets are very attractive from a longer term perspective," - in CNBC

Marc Faber likes Japan Equity Market

Marc Faber : "The most important for Japanese stocks, for them to perform well, is a weakening yen,"  "I think the Japanese, like everybody else in this world, will print money and once they print money and the yen no longer strengthens, I think there's a good chance that Japanese stocks will surprise on the upside." - in CNBC

Marc Faber : Emerging Market Stocks Due for Correction

Marc Faber : "Last year, emerging markets and Europe grossly underperformed the U.S. - say in the case of India by 40 percent,"  "So from the lows in November, the emerging markets have now outperformed the U.S." "Now I think the markets are overbought and a correction is coming very soon." - in CNBC's Straight Talk show.

Marc Faber : Difficult to measure Economic Growth

Marc Faber : It is difficult to measure economic growth because you must make so many adjustments in different industries. In the U.S., for example, housing is bottoming out. For the first time in a while, household formation is increasing. But while this segment of the economy is stabilizing, a tax break allowing companies to write off 100% of new capital expenditures has just expired. - in Barron's 2012 Roundtable

Marc Faber : Markets live on bad news

Marc Faber : Governments around the world will print massively, which is why I agree to some extent with Joe Rosenberg's statement that markets live on bad news. The worse the news gets, the more the U.S. and the European Central Bank and China will print money. Then the average person's economy will go downhill but stocks and corporate profits will go uphill. When we talk about the economy, remember that the economy of Aspen and the economy of Detroit are two different things.And neither tells you much about the economy. - in Barron's 2012 Roundtable

Marc Faber: Oil has further upside potential

Marc Faber: Oil has further upside potential. Long-term demand is there. Per capita consumption in India and China is low and will increase. Supplies might be rather limited. Oil is around $100 a barrel now. How high it goes depends on how much Mr. Bernanke [Federal Reserve Chairman Ben Bernanke] prints. If there is a disturbance in the Middle East, the sky is the limit. - in The Barron's 2012 Roundtable

The Crisis in Europe

Marc Faber: In Chiang Mai [Thailand], where I live, 95% of people wouldn't know there is a crisis in Europe. - in The 2012 Barron's Roundtable

Faber : In 2012 Emerging Economies will do better than the U.S.

Marc Faber: The U.S. stock market did quite well last year compared with emerging markets, which were down between 15% and 30%. If you are optimistic about equities, wouldn't it be better to wait for great buying opportunities in emerging markets? Some stocks in Singapore are down 50% from the highs in 2010, and some property companies in Singapore and Hong Kong are selling at 50% discounts to asset value. Sometime in 2012 I would rather be more positioned in emerging economies than the U.S. - in The 2012 Barron's Roundtable

Marc Faber : Indian Market up 14 percent in 2012

Marc Faber : “Actually, what is interesting, in this rally, since early January, emerging markets have done best,”  “India is up 14 percent, and the currency has strengthened. So you’re up almost 20 percent, in essentially, a month’s time. So all these markets have become overbought—near term.” - in Fox Business News
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Marc Faber : Meaningful Slowdown in China

Marc Faber : “When we talk about Greece, the major issue for the world economy is China,And China has been slowing down. Industrial production is down; electricity consumption is down; exports were down; and cement production is down; steel production is down. So, many indicators point to a meaningful slowdown in the economy.” - in Fox Business News
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Marc Faber likes The Asian REIT Market

Marc Faber : ...well I bought some shares in November December of the last year and I am not going to sell them because they are high dividend shares in Asia , I quite like the Asian market , Singapore REITs and real estate related companies in Thailand because they knocked off the industrial park companies following the flooding of some industrial estates and some shares in Hong Kong , actually what it is interesting in this rally early January the emerging markets have done best in India is up 14 percent and the currency is up almost 20 percent in exactly a month time , so all these markets have become overbought near term... - in Fox Business News
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John Williams - Real Inflation & employment numbers.

John Williams of the shadow stats interviewed by this week in money about the Real Inflation and employment numbers."We actually saw that in this last year, a very unusual time where the Federal Reserve, with its Quantitative Easing II package, actually bought, in net Treasury securities, more than the Treasury issued for public consumption, so that the Fed, effectively, in that period of time, fully monetized the federal debt. That is working through the system – very, very inflationary, and we have, unfortunately, a lot more of that ahead. But if the government can’t have normal auctions, if it cannot raise the funds from people who want to lend the money to the government, domestic or foreign, it will most likely do what almost every other country in that type of circumstance has done, and that is, to print the money they need to meet their obligations. That becomes very inflationary – hyperinflationary" said John Williams recently in another interview

Marc Faber : I like Real Estate in the U.S.

Marc Faber : "I like Real Estate in the U.S. , I was in Phoenix the other day and then the taxi driver took me to the hotel a nice hotel Fairmont and he told me you know the person I just drove before you , I drove him to a 5 bedroom house and he told me he just bought it for $120 000 , where in the world can you buy a 5 bedroom house for $120 000 ?! I would buy it live in one bedroom and rent out four bedrooms to concubines "
"let's put it this way , if you take a very bearish view of the world then at least if you own your property you still own it , if you paid for cash and then you get the cash flow as I suggested , and if you are very bullish about the world it means that the demand for real estate will go up , I was 3 days ago in Miami , 3 years ago I counted 47 cranes building high rise , this time around I counted one crane destroying a building , so the market has cleared actually in Miami , a lot of money has come from Latin America from Russia because if you want to open a bank account somewhere there are so many questions but as foreigner you can go and buy a condo , no questions asked ..... " - in Fox Business News
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Marc Faber : The Market is very overbought right now

Marc Faber : Basically what has happened , the market peaked out last May in 2011 and then it dropped to 1074 on October 4th on the S&P and now we are up 25 percent , so The Market is very overbought right now and any excuse for profit taking is now being taken and I think February is traditionally a weak seasonal month so we'll go down first for a while - in Fox Business News
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Marc Faber : Greece is just a small player

Marc Faber :" well I think (the Greek Problem) is a symptom of a wider problem that we have over indebted governments in the west in the world and in Japan and that this is just a small play , a small appetizer to much larger problems and much larger crisis " - in Fox Business News
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Marc Faber Interview Fox Business News 10 Feb 2012

Feb 10, 2012 : Is Greece Irrelevant to Global Markets? Marc Faber the author editor and publisher of the Gloom, Boom & Doom Report explains to Fox Business News why he thinks that Greece should have little impact on the markets and why he is bullish on emerging markets

Louis Navellier outlook on Precious Metals for 2012.

GoldSeek Radio's Chris Waltzek talks to Louis Navellier Chief Investment Officer of Navellier Associates - Feb 9, 2012 : Louis Navellier, editor of Emerging Growth, gives his outlook for gold and silver , the inflation the Facebook IPO and he tells why the dollar could go straight down and what that could mean for the US economy and stock market and especially the precious metals

Marc Faber : Stocks could go ballistic in 2012

Marc Faber: Yes. Credit was growing rapidly and the hangover period could last for a while but these markets are good long-term investments. I travel extensively in these countries and you can see the growth of economic development. People go from bicycles to motorcycles, and from motorcycles to cars. First-time buyers of cars jump socially, as do first-time buyers of homes. Thailand has several consumer-credit companies. Buyers will do everything to pay off their loans. They aren't going to walk away. Plus, bankruptcy laws are tough. Hedge funds performed badly last year, with few exceptions. Why is that? The bond market was strong, gold was up 11% and the U.S. market was flat, but sectors such as utilities did well. This year the economy could contract and stocks could go ballistic as central banks print money. If investors are diversified, they might do all right. - in The Barron's 2012 Roundtable