Vancouver Resource Investment Conference, Released on 5/9/23
To say that the Publisher of the Gloom, Boom & Doom Report Marc Faber does not trust the government would be putting things lightly, and he believes that everyone should have their own monetary reserves in the form of gold and silver to protect themselves from the powers-that-be. Mark also discusses the trend of dedollarization, the exodus from Western countries due to authoritarian policies, and much more.
00:00 Introduction
00:32 Stock Market Decline
05:12 Importance of Precious Metals
07:36 Global Recession
10:42 Consolidation of Capital in Banking
12:58 How Impactful is Dedollarization?
16:37 Now is the Time to Preserve Wealth
20:30 Exodus From Western Countries
24:19 Issue of Mass Compliance
29:47 Next Move of Globalist Agenda
33:52 Gloom Boom & Doom Report
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.