Commodity Culture, Released on 4/11/25 (Recorded on 4/8/25)

Marc Faber doesn’t hold back in his assessment of current U.S. government policies, the destruction of democracy in Western nations, the needless wars plaguing humanity, and the stupidity of not holding any gold at this moment in time. Marc explains that not having any gold is akin to trusting central banks, a cardinal sin in the world of economics that will see many left behind as our current financial system teeters on the brink of the abyss and the global elites push us into a full-blown world war.

00:00 Introduction
00:54 Liberation Day and Markets
06:02 Gold’s Response to Tariffs
08:05 Oil-Related Stocks Tanking
13:38 Bullish or Bearish Oil?
14:57 Why is Trump Antagonizing Iran?
17:13 Gold Versus Gold Mining Stocks
21:48 Time to Buy Emerging Markets?
24:00 Marine La Pen Banned in France
27:35 Assault on Free Speech in Europe
30:37 Russia-Ukraine Conflict
33:28 Military Conscription in the EU
35:53 How Will the EU Fund a War?

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.