Posted on March 14, 2010 by MoneyBob
Washington is patting itself on the back for having orchestrated an amazing economic recovery. But Washington lawmakers are a delusional bunch of boneheads, say Marc Faber and Mike “Mish” Shedlock, editor of the Gloom, Boom, and Doom Report and investment advisor at SitkaPacific Capital Management, respectively.The economy is NOT recovering, they say, and the U.S. [...]
Filed under: Credit Freeze, Credit Reports, Deflation, Depression, Dooms Day, Economy, Investing, Stagflation, Stock Market, economics | Tagged: Economy, economics, Marc Faber, Mish, Faber, Mish Shedlock | Leave a Comment »
Posted on October 12, 2009 by MoneyBob
Famed investor Jim Rogers is “quite sure gold will go over $2000 per ounce during this bull market.”Rogers’ confidence gold will continue to rally stems from a view the U.S. dollar is on its way to losing status as the world’s reserve currency.”Is it going to happen? Yes,” Rogers says. “I don’t like saying it [...]
Filed under: Aaron Task, Commodities, Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Diamonds, Dooms Day, Economy, Gold, Inflation, Interest Rates, Investing, Jim Rogers, MoneyBob Postings, Oil, Retirement, Saving, Silver, Stagflation, Stock Market, Taxes, The Fed, US Dollar, Uranium, Work, Yahoo Finance, currency, economics | Tagged: Commodities, Credit Crunch, Deflation, Depression, Dollar, Dooms Day, economics, GLD, Gold, Inflation, Investing, Investments, Jim Rogers, Life, Marc Faber, Mortgage Debt, Stock Market, Thoughts, Work | Leave a Comment »
Posted on September 22, 2009 by MoneyBob
“The future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society,” Marc Faber writes in the September issue of The Gloom, Boom & Doom Report.A statement like that pretty much speaks for itself, [...]
Filed under: Aaron Task, Commodities, Credit Crunch, Deflation, Depression, Dooms Day, Economy, Foreclosure, Gold, Inflation, Interest Rates, Investing, Life, MoneyBob Postings, Real Estate, Retirement, Risk in Portfolio, Saving, Stagflation, Stock Market, Thoughts, US Dollar, Work, economics | Tagged: business, Depression, Dollar, Dooms Day, economics, Economy, Gold, Inflation, Investing, Life, Marc Faber, Silver, Stock Market, Thoughts, War, Work | Leave a Comment »
Posted on September 22, 2009 by MoneyBob
Marc Faber, editor of The Gloom, Boom & Doom Report is, by his own account, “ultra-bearish” on the long-term fundamentals of the U.S. market. (Discussed in detail in this clip.)However, in the near term, Faber sees plenty of money-making opportunities in stocks. Sure, prices aren’t as cheap as they were in March, yet he’s confident, [...]
Filed under: Aaron Task, Commodities, Credit Crunch, Deflation, Depression, Dooms Day, Economy, Foreclosure, Gold, Inflation, Investing, Market History, MoneyBob Postings, Retirement, Risk in Portfolio, Saving, Stock Market, economics | Tagged: business, Depression, Dollar, economics, Economy, Gold, Inflation, Investing, Life, Marc Faber, Silver, Stock Market, Thoughts, Work | Leave a Comment »
Posted on September 22, 2009 by MoneyBob
Marc Faber has an informal rule never to spend more than 10 days in a country before rushing to the next one. In addition to lots of frequent-flyer miles, this gives him the chance to see firsthand how lots of the world is doing.So how’s it doing?Better than the U.S., says Faber, the editor of [...]
Filed under: Aaron Task, Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Dooms Day, Economy, Gold, Middle Class, Mining, MoneyBob Postings, Oil, Precious Metals, Real Estate, Silver, Stagflation, Stock Market, economics | Tagged: business, Depression, Dollar, economics, Economy, Gold, Inflation, Investing, Life, Marc Faber, Silver, Stock Market, Thoughts, Work | Leave a Comment »
Posted on September 22, 2009 by MoneyBob
Ken Fisher’s argument that America is “under indebted” and that more debt will be a global phenomenon in the next 10-20 years raised a lot of eyebrows last week – and quite a few catcalls in our comments section.Fisher may be technically right — that there’s appetite for more U.S. debt, but Marc Faber, editor [...]
Filed under: Aaron Task, Debt Management, Deflation, Dooms Day, Economy, Gold, Interest Rates, Investing, MoneyBob Postings, currency, economics | Tagged: business, Depression, Dollar, economics, Economy, Gold, Inflation, Investing, Life, Marc Faber, Silver, Stock Market, Thoughts, Work | Leave a Comment »
