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That guy would make a great super villan in a James bond Movie.
"No Mr Bond, I expect you to Die!"
The little printer that could will be out next week to conquer the FIAT world.
I think Amerika should devalue the meter as well. Since Willis Tower in Chicago is now well back of the pack in building height, if they took the meter down to 2:1 they could regain some glory. Willis Tower is 527m, but could be 1054 if measured in Amerikan meters! Then it would easily surpass the Burj Khalifa at just 828m.
Some other fine recent Bloomberg interviews:
<-- Transitory: BTFD.
<-- Run for the hills.
BloomTV is talking about gold right now. Mentioning "is gold too expensive?". LOL.
"friday, friday, market's going down on fridayeverybody's looking forward to the weekendfriday, friday, going down on fridayeverybody's looking forward to the weekendpartying partying (NO)partying partying (NO)not fun, not fun, not fun, not funlooking forward to the weekend"
Hey can you still buy those little Italian FIATS? They might be going extinct soon...
Faber has always made sense to me. His background, direct approach and his sense of humor make him compelling. And he could as easily be Santa Claus in a European film about Christmas with that voice. He presents himself as if he has the world by the balls without being overly arrogant.
Mr. Bernanke is tied (lol) to the negotiating table.
"Mr. Faber, do you expect me to pay this debt?"
Marc Faber: "No, Mr. Bernanke, I expect you to print!"
He would also makes great Dr Evil on a Austin Powers movie:
"Could I got some laser beams on sharks - throw me a fricken bone!"
He can print as good as any of them, and he will. The takedown of BAC will be the catalyst for him to start the presses rolling non-stop 24/7! Helicopters are already loaded Bitchez!
What does BEP on the boxes mean?
Bureau of Extend and Pretend, perhapz
Good one and probably true, it is bureau of counterfeiting, I mean Bureau of engraving and printing...this is some of the cash that was bribed , I mean lost in Iraq.
It's time to pick your team chumps! No going back now.
Team 1'The Lions': http://www.youtube.com/watch?v=BGSlZGy3gpU&feature=pyv&ad=5684071546&kw=...
Team 2 'The Sheeple':http://www.youtube.com/watch?v=Ubsd-tWYmZw
See you all in the economic after-life!
As a michigan resident, Im conditioned to bet against the lions.
Anyone staying long utilities and large, blue-chip dividend-payers? Damage hasn't been as bad for them. If you are selling, where the hell can investors go besides metal? Credit union at 25 basis points?
You may want to invest in Obama's re-election campaign. I sold all my silver yesterday to invest in him. We won't ever have to pay for gas agian.
I'm with you. Obama 2012 baby! No more paying for rent, gas, or food.
That's the real reason that stuff isn't in the CPI - Obama will make it all free!
Hasten the Collapse, OBAMA 2012
and of course Marc Faber knows "the Bernank" is a professional.
Pump it Up!
Yea well it sounds to me like a dare. A double dog dare, actually.
I am mostly a speculator now, but averaging down into low beta plays makes a lot of sense to me. Dividends are almost starting to look good.
Dont use the taylor rule.
I am conservative and want dividends at their hundred year average before they truly excite me.
By now you must enough sheep in deep freeze. LOL
Hear, hear. Michigan independant, I'll drink to that.
Faber is right, people are panicking and they have gone mad, but the governments and central banks have been using the equity markets as a way of trying to convince a sceptical populous that the economy is getting better. Therefore, when this crutch is removed, there is not much to cling on to and people feel scared...
A Man without @ 04:07
IOW the .Goobers have been fooling(lying) and when the sheeple see the real economy and the truth, they are scared because they do not GET IT.
Well, they are going to get it...............and when they finally figure out what is going on, I fear for the country.
has faber seen EZ CDS speads? there will be no snap back rally anytime soon, money printing or not, unless its a trillionxtrillion
THAt doesnt preclude a brief counter trend rally.
we will see, a lot of bears got caught in 2009. but we got a debt contagion, maybe a slight rally. still short the nasdaq though. so far its all doomsday
and they should feel scared. basics are broke. so printing money does not yield relief, but only postpones. retail is happy to be raped.
Postponing the inevitable is enough for the douchebags running the US economy (Bernanke and big money). Price stability it would seem is about raising prices so that companies don't have to drop prices, but when wages don't keep pace with inflation all it does is make things worse.
The populace has every reason to be skeptical, especially when TPTB are telling you the sky is yellow when it is blue. The markets being propped up by ZIRP money printed and dropped from helicopters by a mad central banker who is only dropping the money on his pals at TBTF, there is no reason for anyone to trust in what is going on. Maybe people have wised up to the fed and their shenanigans, of course if that were the case Ron Paul would be +10-15 points ahead of the debt brotha right now in the polls, hopefully, the BAC crash that is coming will finally get the populace looking at alternatives to the current paradigm.
CIA= Cocaine Import Agency: http://www.elpasotimes.com/ci_18608410?source=most_viewed
No one trusts the government and now you see the result: People removing their money from the market that is more of a rigged QE casino than a long term investment.
Too much is messed up and there is a definite lack of confidence. The banks were TBTF, but the nation is too corrupt to save (TCTS).
TCTS! Good one.
My sense is that Faber is heavily and now uncomfortably invested in equities, and he's whistling past the graveyard.
The stock market is "oversold???" He's dreaming wishful dreams.
I doubt Faber is heavily invested in equities. Since about Februrary he's been predicting a drop in the S&P of at least 20%. So far he's been pretty accurate.
The most important thing is that:
Mark Faber has NO DEBT, not even a mortgage on any of his houses.
He also said treasuries would rally around then, got that call right on as well.
And he is telling everybody to buy a small amount of physical PM every month, regardless of the price.
In this interview at King World News on 27 July, 2011, Faber states 'I am invested 25% equities, 20% gold, etc...'
Of course Faber is a big believer in investing in emerging markets. Faber is also on Sprott's board of directors and invested in Sprott's various silver funds.
The full interview may be heard here... http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/7/26_Dr._Marc_Faber.html
Faber is heavily invested in equities? When for years he's been bearish on equities and saying buy gold? Yah, I'll have some of what you're smoking.
One of The Bernank's ink cartridges washed ashore empty, so I guess he printed some QE3 paper allready: http://farm3.static.flickr.com/2290/2147301542_80fe5b588f.jpg?v=0
A golden bear and a sooth sayer...Joseph Balsamo of the Wall Street ponzi.
Hats off, and helmets on!
i guess faber can't work out why investors are buying up usts
The Faber has a right to wonder, I am in awe of the flight to stupidity,buying a rifle that fires back at your head instead of where you point it, makes no sense.Suicide by self..........Buy UST's & Bonds.
yes. 100%. It is truely amazing.
Seems like Mr. Faber tries to sell a szenario that is best for Gold.
Interesting alert from economic prism.
When The Voters Get WHACKED - Again
Horrible debt celing deal and then stock market crashes 500 points.. Thank you congress!
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