Goldseek Radio, Released on 6/4/22

From his office in Thailand, Dr. Marc Faber shares his monthly market commentary, noting the downtrend in 40-year interest rates could be in process of reversing, sending reverberations around the globe. Investors must prepare for higher rates in the global financial arena, resulting in a lost decade resembling the 1967-1982 bear-stock market. Meanwhile, asset and energy inflation will continue to erode purchasing power, as real inflation-adjusted incomes stagnate, a double blow to the working and middle classes. Nevertheless, gold has maintained it’s relative value this year, while many high-flying stocks continue to plunge 50% or more. Against the backdrop of such volatility, Dr. Faber and the host concur, the ideal panacea for every investment portfolio remains gold and related precious metals assets.

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.

  gold, inflation, interest rates, investing, stocks