Dr. Marc Faber
‘Buy a $100 US bond and frame it to teach your children about inflation by watching the US bond value diminish to almost nothing over the next 20 years.’
~ DR. MARC FABER
He famously advised his clients to get out of the stock market one week before the October 1987 crash…
He called the slide in the US dollar as early as 2002, while predicting the rise in the price of oil, precious metals, commodities, emerging markets and China.
And in early 2007 he warned live on Fox News a major market correction was ‘imminent’ when no one else would listen…
You won’t be surprised to hear then that Marc ‘Dr. Doom’ Faber is NOT optimistic about future of the US dollar.
The publisher of The Gloom, Boom & Doom Report recently told CNBC that investors are asking the wrong question about when the Federal Reserve will taper its massive bond-buying program…
Instead, they should be asking when the central bank will be INCREASING it:
‘The question is not tapering. The question is at what point will they increase the asset purchases to say $150 [billion], $200 [billion], a trillion dollars a month…’
Faber predicts ‘QE infinity’ because ‘every government program that is introduced under urgency and as a temporary measure is always permanent. The Fed has boxed itself into a position where there is no exit strategy.’
But there is an exit strategy for you.
What investments will do well as the dollar sinks?
And which ones are going to tank under the flood of money printing, deficits and debts?
These questions Marc and other speakers will answer over two days in Melbourne next March.