Marc Faber, editor and publisher of the Gloom Doom and Boom report was the closing speaker at this year’s Prospectors and Developers Association of Canada (PDAC), and, as you may have guessed, Doom and Gloom was on the menu.
Dr. Faber has often said that an economic collapse of this magnitude, which affects almost every country in the world, will not end well. Often times, economic collapses lead countries to war and this time around is no exception. Specifically, he suggested that China and the United States may engage in a non-traditional, “dirty war.”
It won’t be the traditional war, it will be poison in the water systems of major cities like New York or London
He also gave the audience some signs to look for as an indicator of when the global economy will start to turn-around.
Signs to watch for that will suggest an economic recovery is happening include a weakening U.S. dollar, which would indicate liquidity returning to the rest of the world.
Finally, along with Jim Rogers, CEO of Rogers Holdings, Marc Faber suggests that those with the ability to do so, get into farming.
What you should all do is buy a farm and learn how to drive a tractor. In the future you don’t want to be in a city, especially a financial centre.
Source: http://pdac2009.ca/?p=342
Video: no video available at this time.
It Took 22 Years to Get to This Point
The head of the Canadian province of Ontario, Doug Ford, has warned that it will retaliate against...
This article was originally published by Tyler Durden at ZeroHedge. Russia launched a massive...
This article was originally published by Willow Tohi at Natural News. The federal deficit has...
Commenting Policy:
Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.
This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.
Comments