Famed investor, who was born in Switzerland and lives in Asia, Dr. Marc Faber of the Gloom Boom and Doom Report. His new interview covering #oil, #stocks, #gold, #globalgrowth prospects, #China #USeconomy, US dollar, yen, dollar, euro, government expenditures, geopolitical tensions in #Asia, 2014 predictions, and more.
I respect Marc Faber a lot. He’s one of the good guys in investments. However, I must point out that the so called “growth model” of the global economy is faulty and unsustainable and as such, it is now crumbling. Eventually, it MUST be replaced, and it will be replaced.
Marc Faber is good, but he is still of the old school as he still talks about “slowing growth.” That notwithstanding, he makes a lot of good points and he is an insider, therefore has useful stuff to share when it comes to investments. First minute of the recording is an advertisement. Interview starts at 1:06. Have a listen!