Expat Money Show, Released on 12/7/22

*Listen to today’s conversation with Marc Faber about the possibility of war between China and Taiwan. What are his predictions, and what are they willing to do regarding money and war?
*Do the Taiwanese people want conflict? Or is it that the US likes to provoke conflict?
*Where do you hold your assets? Marc shares his basic allocation and the percentage for each.
*Is holding cash a good idea? And if so, what currency is worth holding?
*Why is it vitally important to hold your gold in the country you live in and not in another country?
*Online brokerage accounts. Are they a good idea? How safe are they?
*An important question to ask yourself: How will I lose the least in an environment where things are bad? Marc explains all.
*A serious risk that the governments will impose some sort of wealth taxation. In an emergency decree, a government can do anything; look at what Trudeau did during the trucker strike.
*We discuss Qatar and the UAE and their monarchies, as opposed to the corruption with Canada’s Trudeau and the fact that democracies have the very worst people at the top.
*I asked Marc, what countries would you diversify in?
*If you are holding US cash, what other fiat should we look at? And what does he believe the top 3 currencies are?

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, investing