Kinvestor, Released on 12/5/24
Arlen and Marc touch on market euphoria, debt denial, risks of the US consumer market, platinum, gold & silver, and much more.
00:00 Intro
01:40 Psychology of the fear and greed market
04:34 Market euphoria
07:53 Debt denial
11:50 Preconditions for a bull market
13:04 Risks of the US consumer market
14:00 Modern slavery
17:45 Platinum
20:35 Gold & silver
26:04 Marc’s advice to next generation investors
28:14 Investing in happiness
32:10 Outro
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.