Marc Faber: Politicians are Liars. Gold is Honest.

The Daily Gold, Released on 6/5/24 (Recorded on 6/3/24)

Dr. Marc Faber, editor and publisher of the Gloom Boom Doom Report joins us to discuss the US stock market, the new Gold bull market, trajectory of interest rates and inflation and Silver. Marc derides US politicians and the voting public, says the stock market will not perform in real terms and that inflation and interest rates will trend massively higher over the next 20 years.

0:00 Intro
1:15 Big Picture View of Markets
5:50 Higher Rates & Inflation To Hit Elites Soon
8:25 Long-Term Trend of Higher Inflation & Rates
14:00 Stock Market in Real Terms
16:55 Gold vs. Stock Market
26:30 Marc’s View on Gold
30:50 Silver in Better Position Than Gold

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.

Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.

Subscribe
Notify of
guest

1 Comment
Oldest
Newest
Inline Feedbacks
View all comments
Karl Graz

MARC FABER FOR PRESIDENT!