U.S. Dollar Is Doomed, the Fed Will Never Tighten Again Until WW3 Warns Marc Faber

Stansberry Research, Released on 9/14/21

Known as the doctor of doom and gloom, Marc Faber, publisher of the Gloom, Boom and Doom Report says the U.S. dollar is headed for destruction just like a 1960s scenario.

In an exclusive interview with Daniela Cambone, Faber says nothing is safe these days, not cash, not bonds and maybe not even gold.

“There are no safe havens in a money printing environment. The Fed is built to print and they will not stop,” he says.

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.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments