WTFinance, Released on 7/11/25 (Recorded on 7/8/25)
On this episode of the WTFinance podcast I had the pleasure of welcoming back Marc Faber. Marc is a well known contrarian investor & the Editor and Publisher of the “Gloom, Boom & Doom Report”. During our conversation we spoke about Marc’s economic outlook, the wealth divide, why government causes all problems, borrowing, market exuberance, gold and which assets are undervalued. I hope you enjoy!
0:00 – Introduction
2:40 – Marc’s outlook
5:46 – Wealth divide
9:23 – Government spending
11:31 – Tariffs volatility
13:12 – Are tariffs inflationary?
16:13 – Borrowing
18:38 – Market exuberance
31:00 – Market bubble sustainable
25:55 – Shift to real assets
26:55 – Revaluing gold
28:18 – Emerging markets to outperform?
31:48 – Economic shift away from US
34:09 – One message to takeaway
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.
Always straight talk with Dr. Faber. Thank you.