GoldCore TV, Released on 10/3/24
Is the U.S. Dollar doomed? David Russell welcomes back Marc Faber, Editor and Publisher of ‘’The Gloom, Boom & Doom shares his shocking predictions about the future of the global economy. He exposes the harsh reality of the Federal Reserve’s actions, calling inflation a ‘hidden tax’ and warning that ‘additional money printing is inevitable.’
He tells us that there is nowhere to turn for Western governments; whether they print or not it will be ‘disastrous’! We also discussed the upcoming BRICS meeting (will there be a currency announcement?) and how we can start to protect ourselves from what lies 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.