Silver Bullion TV, Released on 7/26/23
Dr. Faber holds no punches as he talks about the inflation lie, getting away from the US dollar and how the West is going past the point of no return. It’s all about Faber fundamentals!
00:00 Introduction
01:33 Choosing inflation
07:28 Wait and see
11:38 3 Billion per day
17:44 Gold diversification
19:56 Rent control
25:47 Global de-dollarization
23:44 Economic reset
27:05 Gold-backed currency
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.
How come Faber never mentions the impact of severe US sanctions on Cuba which deny any country to trade with Cuba. If they do then their ships or airplanes will be denied access to trade in the US. There must be studies of the horrific effect of the Cuban sanction on the economy.