Small Caps, Released on 5/6/23

Marc Faber, an investment advisor, fund manager, media commentator and author, joins Small Caps share his views on the global economy. Dr Faber discusses the role of central banks in the current global economic crisis and how their focus on asset inflation has led to misallocation of capital and a generation of people who cannot afford to buy properties without excessive leverage. He also warns of an inflation crisis as interest rates rise and the negative impact of invisible taxes like inflation on people’s cost of living. Dr Faber thinks that gold, silver and platinum will do well for times ahead.

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.

  global economy, gold, inflation, investing, platinum, precious metals, silver