Natural Resource Stocks, Released on 4/3/25

In this episode, Dr. Marc Faber, publisher of the Gloom, Boom, and Doom Report, discusses whether the US is already in a recession, the influence of central banks on gold prices, and investment strategies amid economic uncertainty. He suggests that despite the rising cost of living outpacing salary growth, Wall Street and the government remain bullish. Dr. Faber also shares insights on why millennials prefer cryptocurrencies over precious metals and the potential shift in investment strategies towards gold, especially among fund managers. He highlights anticipated actions by central banks and forecasts for the economy, emphasizing the importance of diversifying investments, with a notable portion in precious metals like gold, silver, and platinum.

00:00 Is the US Already in Recession?
00:53 Introduction and Personal Update
01:41 Gold Market Insights
05:26 Central Banks and Gold Reserves
09:32 Investment Strategies and Wealth Protection
16:14 Economic Outlook and Federal Reserve Actions
30:08 Conclusion and Final Thoughts

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.

  economy, gold, investing, market crash