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Marc Faber: Central bankers, Bitcoin, and why he’s buying physical gold every month

Hard Assets Alliance, Released on 8/15/17

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Marc Faber, legendary investor and editor/publisher of the Gloom, Boom & Doom Report, talks about his life and career, his aversion to central bankers, Bitcoin, and why he’s bought physical gold every month since the 1990s.

“Compared to assets, money has lost a tremendous amount of purchasing power.”

“It’s good to have a diversified asset outside of the banking system.”

Click Here to Watch the Interview

Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor and fund manager. Dr. Faber publishes a widely read monthly investment newsletter, “The Gloom Boom & Doom Report,” which highlights unusual investment opportunities, and is the author of several books including Tomorrow’s Gold: Asia’s age of discovery which was a best seller on Amazon. Dr. Faber is known for his “contrarian” investment approach and charismatic personality. He became infamous after calling the 1987 crash in US equities.

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