Marc Faber on Stocks, Debt and Precious Metals

Dr. Marc Faber discusses he thoughts on equities, government debt, commodities and precious metals January 12, 2010. (Video interview follows excerpts and commentary) Faber on Stock Markets: “I think that this complacency and unanimous belief that we’ll...

Marc Faber: It’s Very Likely the US Will Default

Editor of the Gloom Boom & Doom Report, Dr. Marc Faber, says that a sovereign debt default in the PIIGS (Portugal, Italy, Ireland, Greece or Spain) may destroy the Euro, and a default in the US or Japan is also likely: (Video follows excerpts and commentary) I...