Marc Faber

Marc Faber: In The Age Of Cyber-Terrorism, Every Investor Must Own Gold

"...the biggest geopolitical risk for Americans today is not a conventional war but rather cyber-attacks that could take down the US power grid...In such a scenario, gold would become an irreplaceable medium of exchange. But it’s not the only reason to own gold today..."

Angst In America - Disappearing Pensions

The deeper you look, the worse this pension situation gets. Angst is a perfectly reasonable response for anyone who is retired or thinking about retiring in the next decade...

Albert Edwards Is Puzzled: "Where Is The Wage Inflation?"

"To be honest I am a little surprised that US nominal wages are not showing more of an acceleration given surging headline inflation has crushed real wage growth over the last year. Falling US real wages are already resulting in slower consumption growth, but workers have not yet pushed up nominal wage inflation..."

What The Hell Is Going On? - Part 3

"I’ve tried my best to seek truth, reveal government deception, and generally be a thorn in the side of the establishment. Based on Mencken’s definition, I’m a dangerous man to the government, who has spread discontent among those capable of thinking things out for themselves. You may not realize it, but the war has already begun. No matter what the hell is going on, I sure hope the good guys win."

Dow 100,000? Marc Faber Warns: Central Banks "Will Monetize Everything... Introduce Socialism"

"...the madness in the present time may go on. In a manipulated market, it won’t end well... They could essentially monetize everything, and then you have state ownership. And through the central banking system, you introduce socialism and communism, which is state ownership of production and consumption. You would have that, yes, that they can do...I don’t think the central bankers are intelligent and smart enough to understand the consequences of their monetary policies at present."