That was a great interview!
3-Part: Marc Faber Expect Social Unrest in coming Months: Feb. 27 2009
Interesting thoughts on silver and gold about 5 minutes into the 1st video.
http://www.youtube.com/watch?v=EkvOQZW6gvs
http://www.youtube.com/watch?v=P8gae...e=channel_page
http://www.youtube.com/watch?v=NPjJs2FT8W4
-- Tom | My Trades
Is Marc Faber turning bullish?
"The past week has seen a number of previously stalwart bears adopt a more bullish posture, including Doug Kass, Marc Faber, Steve Leuthold, Barry Ritholtz and Richard Suttmeier."
http://finance.yahoo.com/tech-ticker...F,SPY,DIA,QQQQ
-- Tom | My Trades
Marc Faber has a blog now!
http://marcfaberblog.blogspot.com/
And I just saw that there is a video interview that was just posted on it that was taped on (I think) May 8. Faber says a correction and then a push upwards into July!!
Interesting. Take 20 minutes and listen. I highly recommend it.
Lady
If you think education is expensive, try ignorance. - Derek Bok
Today's blog post from Marc Faber:
May 13, 2009
Buy Agriculture Commodities
"Going against the grain may be costly. Investing in agriculture today will be like investing in oil in 2001 to 2002 when oil prices halved to US$17 per barrel says Marc Faber editor of The Gloom, Boom & Doom Report. Agricultural commodities fell by half from June 2008 highs, but fundamentals remain strong says Faber.
Faber points to a weak build in agricultural stocks (supplies) during the bumper harvest year of 2008. Low stocks, declining productivity, and increased demand persist from a long term perspective says Faber and will drive prices higher. Population growth is rising until 2030 and will have produced an additional billion mouths to feed between 2000 and 2012 alone.
Faber is well known for highlighting long term trends in asset prices through a careful read of history. He points to the Green Revolution between 1976 to 1986 as the era when growth in food production transitioned from increased land usage to higher yielding agricultural methods yet those benefits have run their course. Productivity fell by almost half between 1990 and 2007 and will continue that trend over the next decade.
Faber recommends only one-third allocation to commodity futures products due to the negative carry costs in those markets and also warns against farmland companies due to poor yields. One third of investor capital should go to listed agricultural companies and the other third to private companies. The long term opportunity is now."
http://marcfaberblog.blogspot.com/
Does that mean I need to look at buying MOO again??? I'm heading over to stockcharts.com to look at it.
Lady
If you think education is expensive, try ignorance. - Derek Bok
Thanks Lady
This falls inline with my future surgar & coffee play
Candlestick crack addict...
If you think education is expensive, try ignorance. - Derek Bok
Faber says foreign markets. China. Foreign REITs (like RWX?). He says his whole investment strategy for the next decade is that we are going to have severe inflation. Good video at his blogspot.
May 19, 2009
Latest CNBC Interview, May 2009
"In Asia we have lots of assets that are reasonably priced. We have sectors that are attractive like banks in Singapore, Thailand and Hong Kong."
http://marcfaberblog.blogspot.com/
Lady
If you think education is expensive, try ignorance. - Derek Bok