Dr. Marc Faber of the Gloom Boom & Doom Report was busy in the last few days, offering his ideas on a variety of subjects including the status of the economy, commodities trends, long term investing, near term moves and more! (Video interviews follos excerpts and comments)
We may still have a rally until about the end of April and then probably a total collapse in the second half of the year when it becomes clear that the economy is a total disaster.
I suspect that the catalyst for a rally reversal and subsequent total collapse of the markets may stem from one of a number of factors when the mainstream media finally begins reporting the severity of the commercial real estate collapse, U-6 unemployment figures or the billions in credit card defaults – perhaps a combination of all three. This is about the time we should also see Eastern Europe default on loan obligations to Austria, France, and Switzerland, causing even more havoc than we saw in 2008.
Watch Marc Faber on CNBC March 16, 2009 discussing the current market rally, near-term trends long-term trends, and acquiring Asian stocks:
Watch Marc Faber on CNBC March 16, 2009 discussing Alcoa, Mining and Commodity Trends:
Marc Faber and guests on CNBC March 16, 2009 discussing the US Dollar, Australian Dollar and Asian Stocks:
Marc Faber on CNBC March 16, 2009 discusses Financials in Asia and around the world:
Author:
Mac Slavo Date: March 19th, 2009 Website:www.SHTFplan.com
Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.
[...] are many prominent people (Dmitry Orlov, George Soros, Jim Rogers, Peter Schiff, Gerald Celente, Mark Faber) who are predicting a “deindustrialization” of the US economy very soon. The author [...]
Comments…..In Every Bull Market…i make a therory of my portfolio..that those stock r in my portfolio….i make them free stock(share)…whenever it will doubled 0r tripplrd….so i am holding many free stock.so is it a right therory that i have taken ?????? awaiting ur anwser….last 5 years i have follwed ur comment.
[...] and hard assets at the bottom of the markets in early March of 2006. However, he did provide a word of caution on March 16, 2009, making it known that while he was a short-term bull on stocks, that eventually, the economic [...]
Well, the seond half is here and stocks are still climbing…At least Marc is preparde to put his money where s mouth is (at least, I think he is) and doesn’t sit on the fence. For what it is worth my money is no longer in stocks as Marc isn’t a lone voice. Credit card debt, unemployment and fore closures aplenty
There's an 84% chance you won't remember where you read our unique information. Don't be another statistic.
Comment by NickelthroweR: "Funny, but that was a quote I was going to use originally instead of what I said. The Greeks, too, were overwhelmed not long after this..."
Comment by The Moon is a Harsh Mistress: "@ferndale, Those SOBs take our money and give nothing of value in return. If they took my money and my child came out of their..."
Comment by The Moon is a Harsh Mistress: "You got one part wrong; they will not be running the country because they are too stupid to be up to such a task. The Chinese..."
Comment by The Moon is a Harsh Mistress: "Everyone in favor of abolishing the Department of Education string one of those bastards up from the nearest tree! When TSHTF..."
Comment by cshellz: "speaking of Romans reminded me of this line attributed to Socrates “Our youths love luxury. They have bad manners, contempt for authority – they show..."
Web Design and Content Copyright 2007 - 2011 SHTF Plan - When It Hits The Fan, Don't Say We Didn't Warn You - All Rights Reserved
The content on this site is provided as general information only. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a financial interest in any company or advertiser referenced. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader.
[...] are many prominent people (Dmitry Orlov, George Soros, Jim Rogers, Peter Schiff, Gerald Celente, Mark Faber) who are predicting a “deindustrialization” of the US economy very soon. The author [...]
Rate This Comment:
0
0
Comments…..In Every Bull Market…i make a therory of my portfolio..that those stock r in my portfolio….i make them free stock(share)…whenever it will doubled 0r tripplrd….so i am holding many free stock.so is it a right therory that i have taken ?????? awaiting ur anwser….last 5 years i have follwed ur comment.
Rate This Comment:
0
0
[...] and hard assets at the bottom of the markets in early March of 2006. However, he did provide a word of caution on March 16, 2009, making it known that while he was a short-term bull on stocks, that eventually, the economic [...]
Rate This Comment:
0
0
Well, the seond half is here and stocks are still climbing…At least Marc is preparde to put his money where s mouth is (at least, I think he is) and doesn’t sit on the fence. For what it is worth my money is no longer in stocks as Marc isn’t a lone voice. Credit card debt, unemployment and fore closures aplenty
Rate This Comment:
0
0