The Market Traders

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Marc Faber

Faber Bullish on Energy

Andy's picture
Wed, 03/09/2011 - 4:10pm -- Andy
Topics: 
Marc Faber

[[wysiwyg_imageupload:1932:]]Marc Faber shares our view of the world:  every investor should own oil, a lot of  oil.  If you are optimistic, oil will continue to climb because of the increase in demand.  If you are pessimistic, the central banks will continue to print, thereby devaluing paper currencies; and if you are politically pessimistic, oil will climb very rapidly with civil unrest in the middle east. 

Interesting to note that he believes that the global price for production of oil is around $80 a barrel.  Not a whole lot of  wiggle room.

Faber: US and Europe with Outperform Emerging Markets

Andy's picture
Fri, 01/21/2011 - 10:04am -- Andy
Topics: 
Marc Faber
Emerging Markets

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Highlights from CNBC interview with Marc Faber:

  • US and Europe will out perform  emerging markets.
  • The emerging economies have performed exceptionally well in the past 18 months, but this trade is now crowded. The value is not there anymore.
  • Biggest concern that there is money printing around the world, which has led to inflation around the world, especially with energy and food.
  • Emerging  markets are suffering from this high inflation, hurting the consumer. Emerging markets will either have to tighten or let inflation run wild, which is not good for emerging market equities
  • China wants to have a greater say in global affairs. They don't like US military capabilities in their region.
  • The US wants the yuan to appreciate at higher rate, and China wants access to us technology.
  • Oil will continue to go up regardless of whether your bullish or bearish on the global markets; it is quite desirable to be invested in oil.

Faber Says Yuan to Continue to Appreciate Versus Dollar

Andy's picture
Tue, 09/28/2010 - 10:22pm -- Andy
Topics: 
Dollar
Chinese
Yuan
Marc Faber

Staff favorite, Marc Faber, discusses the currency war that is going on.  He mentions that the Chinese don't particularlly like being pushed around by the likes of President Obama.  Kinda funny.  He nails it when he states that every country wants their currency low.

Watch video

The Great Marc Faber on the Markets

Andy's picture
Mon, 09/13/2010 - 10:27pm -- Andy
Topics: 
Gold
Austerity
Fed
Dollar
S&P
Quantitative Easing
Markets
Marc Faber
Commodities
Crude
Industrial Commodities
Agriculture

[[wysiwyg_imageupload:157:]]The Great Marc Faber on the markets:

Current views are extreme. Marc sees the markets in a trading range. It could go down down Oct-Nov, then rally by end of year.

Wouldn't bet that S&P support at 1040 won't be broken, but he doesn't think we'll get below March 2009 lows.

Markets may not be happy with additional stimulus.

Geopolitical concerns may lead to correction.

Advises investment in physical gold.

(Click the "read more" link below to watch the video.)

Marc Faber and Jim Rogers are not the Only Ones Betting on Farmland and Gold

Andy's picture
Tue, 09/07/2010 - 10:17pm -- Andy
Topics: 
Gold
Marc Faber
jim Rogers
Michael
Burry
Famland

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Last February, the originaly Dr. Doom himself, Marc Faber, advised the investment community to buy gold and farmland.  From the UK Times:

Dr Faber, who advised his audience to pull out of American stocks one week before the 1987 crash and was among a handful who predicted the more recent financial crisis, vies with the Nouriel Roubini, the economist, as a rival claimant for the nickname Dr Doom.

Speaking today, Dr Faber said that investors, who control billions of dollars of assets, should start considering the effects of more disruptive events than mere market volatility.

“The next war will be a dirty war,” he told fund managers: "What are you going to do when your mobile phone gets shut down or the internet stops working or the city water supplies get poisoned?”

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