Home » Most Recent Stories

WEEKEND INTERVIEW WITH MARC FABER

16 February 2009 by Cullen Roche 0 Comments

Marc Faber was a guest on the Jim Puplava show this weekend.   It’s a long interview (over 40 minutes), but Faber is always worth listening to.  I’ve included a few bullet points in case you don’t have the time to listen to the whole thing:

- There will be no second half economic recovery.

- Inflation is not a concern in 2009.

- The dollar will remain strong.

- The stock market will remain under pressure in 2009.

- Stocks are expensive compared to commodities.

-  The best stimulus plan would be to fire half of all government employees and cut taxes in half.

- Gold will continue to outperform most other asset classes, but is expensive compared to many other commodities such as oil.

- Volatility will remain very high.

Disclosures - Unless otherwise noted, authors have no positions in any securities mentioned and readers should never consider this to be investment advice. Always consult your financial advisor before acting on any ideas. Comments Guideline - Readers who denigrate authors or other readers will be banned without warning. This site does not tolerate any sort of reader abuse. The goal of this site is to create an environment that is conducive to learning and better understanding of the monetary system and the investment world. We expect readers to behave maturely and responsibly. We welcome and encourage intense and intelligent discourse, but the site adheres to a strict 1 strike policy. While it is your right to speak freely, it is not your right to behave childishly. Above all else, please enjoy the site. It is intended to be used as an educational tool and we hope the intelligent and mature debate will further that purpose. We hope readers will make an effort to respect that goal. Comments with excessive linking or foul language will be moderated before posting.