MARC FABER

Marc Faber Sends a Chilling Warning: S&P 500 Could Decline 50%

by John Galt August 9, 2016 18:40 ET Marc Faber, often referred to as “Dr. Doom” among many other nicknames from the bulls who hate it when he turns super bearish (and some when he turns bullish for that matter), was on CNBC earlier today and dropped this bomb on the pump-and-dump stock infomercial network: For the mathematically challenged and government employees who might have heard what he said but failed to comprehend, that would put the S&P 500 around 1100 and the Dow Jones Industrial Average somewhere between 9,000 and…


Marc Faber on why This Disaster is Different

  by John Galt March 27, 2013 21:15 ET   In this interview with Marc Faber on Bloomberg Surveillance this morning, the most dangerous point that I’ve ever heard him make about the upcoming systemic crisis (my words, not his) where he states that “even in gold it will be difficult to hide.” I point to this chart from 2008 to highlight this point:   The gold chart from 2008 illustrates a demonstrative “death cross” as circled on the chart. In 2012 to today however, there is another ominous leading indicator…


%d bloggers like this: