MARC FABER - 15 Sep 2017 - Better Value In Asia Like Japan And Europe Than The US Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil. [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
"So, we have had a shift in market leadership away from the U.S. to other markets," he said on CNBC's "Squawk on the Street." "And I think there is better value in Europe and still better value in Asia than in the U.S." "We have had a shift in market leadership away from the U.S. to other... [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
Инвестор Марк Фабер: политика Трампа означают, что я "явно не оптимистично настроен по отношению к доллару США"
Доллар США может "легко восстановится" на 4%-5% от текущих уровней, но президент Дональд Трамп и его администрация стоят на пути долгосрочной силы валюты, сказал Марк Фабер. Доллар США пережил тяжелый год - индекс доллара упал почти на 10 процентов с начала 2017 года. В то же время, прирост среди валют, таких как евро и песо, также внес вклад в ослабление доллара. "Я думаю, что доллар может легко отскочить на 4%-5% или, может быть, даже больше. В долгосрочной перспективе я, очевидно, не очень оптимистично отношусь к доллару США. Вам просто нужно взглянуть на администрацию США и их экономическую политику, которая не будет очень благоприятной для укреплению доллара в долгосрочной перспективе", - сказал Фабер, инвестор, редактор и издатель "The Gloom, Boom & Doom Report". "Она (администрация США) на самом деле "стреляет себе в ногу", так что в долгосрочной перспективе я, очевидно, отрицательно настроен в отношении доллара США", - добавил он. Несмотря на свою долгосрочную медвежью позицию, которую аналитик широко применял в прошлом, Фабер сказал, что хочет перевести часть евро в своем портфеле в доллар США. "Вопрос в том, какая валюта намного лучше, чем доллар США? Они все не так желательны, поэтому некоторые люди вкладывают значительные средства в так называемые криптовалюты", - сказал он, ссылаясь на инвестиции в такие активы, как Bitcoin. Информационно-аналитический отдел TeleTradeИсточник: FxTeam
Oil Rich Venezuela Stops Accepting Dollars President Maduro ‘ Venezuela will create a basket of currencies to free us from the dollar,” Oil traders ordered to stop accepting U.S. dollar in exchange for crude oil Order comes following calls from Russia and China to find alternatives to current reserve system U.S. Dollar accounts for two-thirds of global trade Venezuela has over ten-times more oil than United States Super powers are gradually turning to gold to avoid using world's main reserve currency Are we seeing the beginning of the end for the U.S. dollar? Source: The Burning Platform The oil-rich country of Venezuela has stopped accepting the U.S. Dollar as payment for oil. Last week President Maduro warned that the country would this week ‘free’ itself from the US dollar. “Venezuela is going to implement a new system of international payments and will create a basket of currencies to free us from the dollar,” Yesterday Venezuela temporarily suspended the sale of U.S. dollars through its Dicom auction system. This (and other moves) was in response to U.S. sanctions put in place by the Trump administration. Trump claims the sanctions are there to punish the country's autocratic leaders. Maduro claims Washington's move was part of an “economic war”. This morning The Wall Street Journal reports that the Venezuela is already telling oil traders not to accept the US currency. Oil traders who export Venezuelan crude or import oil products into the country have begun converting their invoices to euros. The state oil company Petróleos de Venezuela SA, known as PdVSA, has told its private joint venture partners to open accounts in euros and to convert existing cash holdings into Europe’s main currency, said one project partner. The decision to suspend dollar trading on Diacom and to no longer accept the the U.S. currency for oil is potentially a major blow for the world's reserve currency. Venezuela's decision comes at a time when other countries (namely Russia and China) are already finding ways to avoid using the U.S. dollar. History shows us that currency domination does not last forever. Are we seeing the cracks in the latest global currency reserve system? Will those who seek to come out of the shadows and force of the US begin to build up their own systems to survive outside of the U.S. dollar and how important will gold be? How important is oil to Venezuela According to OPEC oil accounts for 95% of Venezuela’s exports. The country has ten times more oil reserves than the US, and nearly 70 billion more barrels than Saudi Arabia. However, because of its heavy reliance on oil as an export this means it is heavily reliant on the price. Since President Maduro came to power the oil price has crashed. Inflation is out of control and the bolivar is practically worthless: $1,000 of local currency bought in 2013 would today be worth $1.20. The Trump administration has made it clear that it will achieve a regime change through the destruction of what is an already severely debilitated Venezuelan economy. Prior to the latest round of sanctions one could see a way out for Venezuela but not anymore. It is clear that Venezuela will have to seek outside help in order to survive. That help will no doubt come from the other countries that are fed-up of or suffering as a result of U.S. dollar hegemony. China is set to launch a crude oil futures contract priced in yuan and convertible into gold. This will give the likes of Russia and Iran a means of bypassing both the U.S. Dollar and sanctions. Now, it may also be an option for the world's largest oil producer. By making this convertible into gold it means countries are no longer held hostage by foreign currencies. Gold is a borderless currency which speaks everyone's language. Liberate us from the U.S. dollar The new policy on oil payments has not been officially announced but it comes less than a week after both President Maduro and Vice President Tareck El Aissami called for liberation from the US dollar. El Aissami (blacklisted by the US) has called for other sovereign currencies to be used. On Friday he said, “To fight against the economic blockade there will be a basket of currencies to liberate us from the dollar.” In an hour-long address to a new legislative body last week, President Maduro said, “If they pursue us with the dollar, we’ll use the Russian ruble, the yuan, yen, the Indian rupee, the euro,” As mentioned in the introduction super-powers such as China and Russia are keen for countries such as Venezuela to join them in avoiding the U.S. dollar. Plans have gone beyond just negotiating around U.S. sanctions and are now in full infrastructure building mode. Russia, China and Iran are all setting up a new financial system that will, in Putin's words, focus on a “fair multipolar world”, and “against protectionism and new barriers in global trade.” “Russia shares the BRICS countries’ concerns over the unfairness of the global financial and economic architecture, which does not give due regard to the growing weight of the emerging economies. We are ready to work together with our partners to promote international financial regulation reforms and to overcome the excessive domination of the limited number of reserve currencies.” Excessive domination Oil rich nations are certainly weary of the U.S dollar's excessive dominance over trade. Currently they have little choice over which currency to use. One theory put forward in William R. Clark’s book Petrodollar Warfare is that the U.S. led wars 'are fueled by the direct effect on the U.S. dollar that can result if oil-exporting countries opt to sell oil in alternative currencies. For example, in 2000, Iraq announced it would no longer use U.S. dollars to sell oil on the global market. It adopted the euro, instead.' Even if countries are not oil-rich or fearful of the gun-wielding powers of the U.S. they would still like the option to decide which currencies they trade in. Trading in the U.S. dollar can make life very difficult elsewhere. When using the U.S. dollar foreign banks are required to clear payments through the US, even if they are doing business elsewhere. This can't just happen, a dollar clearing licence from US authorities is required. This can also be quickly taken away if Washington decides it wants to punish you somehow. Will the euro want them? Gold will In the short-term, the solution for Venezuela might not be as simple as accepting the euro. Much of the current plan assumes that Europe will not sanction Venezuela. Should they also take a similar stance to the US then Maduro’s nation will be left with a choice of Rubles, Yuan and, of course, gold. This is where Russia, China and Iran will certainly be on board. We know that all three countries hold huge amounts of gold and are very open to using it for trade purposes. Jim Rickards explains: China, Russia and Iran are coordinating a new international monetary order that does not involve U.S. dollars. It has several parts, which together spell dollar doom. The first part is that China will buy oil from Russia and Iran in exchange for yuan. The yuan is not a major reserve currency, so it’s not an especially attractive asset for Russia or Iran to hold. China solves that problem by offering to convert yuan into gold on a spot basis on the Shanghai Gold Exchange. This marks the beginning of the end of the petrodollar system that Henry Kissinger worked out with Saudi Arabia in 1974, after Nixon abandoned gold. This is not some back-of-a-beer-mat plan. At last week's BRICs summit members expressed full support to China moving away from the U.S. Dollar. This is particularly pertinent at a time when U.S. Treasury Secretary is threatening to cut China out of the U.S. Dollar system If China doesn’t follow these sanctions, we will put additional sanctions on them and prevent them from accessing the U.S. and international dollar system. And that’s quite meaningful. But how meaningful is it when the Asian super-power is putting infrastructures (and deals) in place to trade in gold. Don't forget, this is the world's biggest buyer of gold. They will unlikely need the U.S. dollar forever. How will this unfold? Who knows how this will unfold. But what is clear is that the U.S. has been relatively short-sighted with how it has used the power of its currency. As it has sought to sanction, threaten and bully countries into the using its currency, others have been slowly building up their gold reserves and infrastructure systems. This means that the U.S. dollar sanctions will soon not mean as much as they once did. It is relatively easy to put controls on a country's currency, but it is very difficult to do so with gold. Whilst Venezuela is no doubt struggling with the impact of the sanctions from Washington they do have support from those elsewhere and that support is very interested in physical gold. Related reading http://info.goldcore.com/currency_wars_bye_bye_petro_dollar_buy_buy_gold... News and Commentary Gold falls to lowest in nearly 2 weeks, U.S. inflation data in focus (Reuters.com) Stocks Rally Stalls in Asia; Dollar Holds Advance (Bloomberg.com) U.S. government posts $108 billion deficit in August (Reuters.com) Wholesale Prices in U.S. Increase on Jump in Energy Costs (Bloomberg.com) Ex-UBS Trader Accused by U.S. of Manipulating Metals Prices (Bloomberg.com) Central London House Prices Post Worst Performance Since 2008 (Bloomberg.com) Seen strong performance in gold: Marc Faber (MoneyControl.com) China’s New Gold-Backed Oil Benchmark to Deal Blow to U.S. Dollar (TheTrumpet.com) Former BIS Chief Economist Warns "More Dangers Now Than In 2007” (ZeroHedge.com) What Britain’s best-loved estate agent can tell us about UK house prices (MoneyWeek.com) Julian Robertson: "There's A Bubble" And "It's The Federal Reserve's Fault” (ZeroHedge.com) Gold Prices (LBMA AM) 14 Sep: USD 1,323.00, GBP 1,002.44 & EUR 1,111.58 per ounce13 Sep: USD 1,332.25, GBP 1,003.85 & EUR 1,112.43 per ounce12 Sep: USD 1,326.25, GBP 1,000.66 & EUR 1,109.41 per ounce11 Sep: USD 1,338.75, GBP 1,015.31 & EUR 1,114.24 per ounce08 Sep: USD 1,350.90, GBP 1,026.82 & EUR 1,120.71 per ounce07 Sep: USD 1,340.45, GBP 1,026.52 & EUR 1,119.54 per ounce06 Sep: USD 1,340.15, GBP 1,028.03 & EUR 1,122.11 per ounce Silver Prices (LBMA) 14 Sep: USD 17.75, GBP 13.40 & EUR 14.91 per ounce13 Sep: USD 17.91, GBP 13.50 & EUR 14.94 per ounce12 Sep: USD 17.75, GBP 13.37 & EUR 14.87 per ounce11 Sep: USD 17.85, GBP 13.51 & EUR 14.86 per ounce08 Sep: USD 18.21, GBP 13.80 & EUR 15.09 per ounce07 Sep: USD 17.79, GBP 13.59 & EUR 14.85 per ounce06 Sep: USD 17.77, GBP 13.62 & EUR 14.90 per ounce Recent Market Updates - Massive Equifax Hack Shows Cyber Risk to Deposits and Investments Today- British People Suddenly Stopped Buying Cars- Buy Gold for Long Term as “Fiat Money Is Doomed”- Conor McGregor – Worth His Weight In Gold?- Gold Has 2% Weekly Gain,18% Higher YTD – Trump’s Debt Ceiling Deal Hurts Dollar- ‘Things Have Been Going Up For Too Long’ – Goldman CEO- Physical Gold In Vault Is “True Hedge of Last Resort” – Goldman Sachs- Bitcoin Falls 20% as Mobius and Chinese Regulators Warn- Gold Surges To $1338 as U.S. Warns of ‘Massive’ Military Response- Precious Metals Outperform Markets In August – Gold +4%, Silver +5%- 4 Reasons Why “Gold Has Entered A New Bull Market” – Schroders- Gold Reset To $10,000/oz Coming “By January 1, 2018” – Rickards- Gold Surges 2.6% After Jackson Hole and N. Korean Missile Important Guides For your perusal, below are our most popular guides in 2017: Essential Guide To Storing Gold In Switzerland Essential Guide To Storing Gold In Singapore Essential Guide to Tax Free Gold Sovereigns (UK) Please share our research with family, friends and colleagues who you think would benefit from being informed by it.
The US dollar could rebound by 4 to 5 percent from current levels, but the Trump administration won't help in sustaining its strength, Marc Faber said.
Marc Faber is Buying More China Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil. [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
“For me, if India can grow at 5 per cent for next 10-20 years, that is a fantastic growth rate. But most Indians, they think their country should grow at 8-10 per cent. Forget it. Five per cent is a fantastic growth rate in a world burdened by high debt. For India, burdened by bad debts, 5 per cent... [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
Authored by Shannara Johnson via Hard Assets Alliance, Take it from “Dr. Doom”: own some physical gold and keep it out of the banking system. Dr. Marc Faber, a legendary investor and the editor/publisher of the Gloom, Boom & Doom Report, is well known for his contrarian investing style. In a recent Metal Masters interview with the Hard Assets Alliance, he noted that the biggest geopolitical risk for Americans today is not a conventional war but rather cyber-attacks that could take down the US power grid. In such a scenario, gold would become an irreplaceable medium of exchange. But it’s not the only reason to own gold today. Diversified Assets Outside the Banking System Faber grew up in Switzerland right after World War II, a tough time that caused his family to distrust paper money and taught him the importance of precious metals as a safety net. Faber remembers how his father talked about rich people as millionaires. “That, in the ‘50s and ‘60s and ‘70s, was a lot of money. Today, a million is nothing at all—small change. Unfortunately. When people talk about, ‘Oh, there is no inflation in the system,’ this is nonsense. Compared to assets, money has lost a tremendous amount of purchasing power.” After working on Wall Street for over two decades, Faber’s assets consisted mainly of bonds, equities, and real estate. He says it was in the 1990s when he realized that “it’s good to have a diversified asset outside the banking system and not financially related” and began to purchase some physical gold every month. The Fed largely ignores gold as an asset, he says, because “gold is an embarrassment to central banks.” When the Lights Go Out, Bitcoin Goes Too Regarding a possible war, Faber believes it’s unlikely that anyone will ever invade China or the United States. He thinks the true vulnerability lies in “wars that are fought not with tanks—they are fought by, say, somebody could switch off the light in New York, or the electricity, or the Internet. If you switched off the Internet, what would happen?” This is where the merits of gold bullion become obvious, he says: “In these times, you actually want to have access to something physical that is a recognized medium of exchange.” “Gold Is Driven by Money Printing” When the Fed pursues loose monetary policies, Faber states, the people who benefit the most are the super-elite, the 0.01%. They have been moving ahead while the average American suffers: “50% of American people have no assets. … They don’t benefit from money printing. Actually, they’re hurt because their cost of living is going up, and it’s going up more than the CPI would indicate.” He believes “that the recovery, globally, is very weak” and the rapidly growing unfunded liabilities are a clear threat that could lead to another financial collapse. “By being in equities and by being in gold, and also having some exposure to bonds, you have some diversification,” he says. “Then you can hope when the hour of truth occurs, you will only lose, say, 50% of your assets, but your neighbor loses everything. So relatively speaking, you will have done very well.” Click here to watch the full interview with Marc Faber for more advice on how to weather a crisis.
What Investors Can Learn From the Japanese Art of Kintsukuroi - What investors can learn from the Japanese art of Kintsukuroi or Kintsugi - art of repairing broken pottery with gold- Investors and savers can protect their savings with gold- Savers and investors are being punished by negative to low interest rates- Global debt levels, stock bubbles and reduced liquidity will lead to crisis- Reinforce cracks with gold prior to money pot shatters Source: Wikimedia Editor: Mark O'Byrne Kintsukuroi or Kintsugi is the Japanese art of repairing broken pottery with gold and silver. The Japanese like to consider it a way of not only repairing the item but also transforming it into something new which is pristine and has a new potential. For the philosphers in the art world they like to ask how can something of such beauty be created from a shattered vase or bowl? Our politics, markets and economy are broken. With each passing day we see more evidence of a globalised, interconnected world that is also increasingly politically and financially fragmented. In turn this is raising tensions between and within countries. Especially between the 'haves' and 'have nots.' We have seen this before, many times in history, when the greed of mankind and his belief in infallibility leads us to believe we can perform unprecedented financial experiments. The more we push on with the experiments, rather than learning from history, the bigger the cracks and damage. Jim Rogers recently expressed his disgust at banks’s claims that had they not acted as they had in response to the financial crisis then things would be worse. Rogers disagrees, all they have done is papered over and widened the cracks… "propping up zombie banks and dead companies is not the way the world is supposed to work. ... It's been nine years and we have nothing to show for it [economically] except staggering amounts of debt.” In order for Kintsugi to transpire the artist must ‘see’ a cracked pot differently. A new perspective has to be taken. The pot is not broken, it is not useless instead it is something which has potential to become stronger and better. We must begin to look at our economy in a similar light. Our savings are not useless, in the same way our economic system is not useless. But they are weak in their current state, they should be made stronger rather than forced to take on more pressure. The art of seeing differently Last week, came the news that global debt levels were 327% of world gross domestic product (GDP), at $217 trillion in the first quarter of 2017. We have added over $120 trillion since the financial crisis. In the weeks before the world’s top money managers had rung the warning bell that this pot was ready to crumble. Marc Faber told CNBC that ‘everything’ is in a bubble with the risk that: “One day this bubble will end,” and as a result people will lose 50% of their wealth. Mohammed El Erian, part of the global financial elite but someone who we should all listen to, has also expressed similar concerns to Faber. He wrote on Bloomberg that because of reduced liquidity resulting from simultaneous policy tightening by central banks, he has some serious doubts about the sustainability of the current overextended bull market in stocks. Meanwhile Bill Gross believes markets in the US are at their highest risk levels post-2008 as investors are paying a high price for taking chances. The low (and negative) interest rates of central banks are artificially driving up asset prices. This is creating little growth in the real economy and as a result is punishing individual savers and businesses. Even those who are generally more concerned with individual wellbeing rather than the health of the global economy are now getting involved in firing warning shots. Life guru Tony Robbins has warned that ‘the crash is coming’ both in a book and on a regular podcast. He recently pointed to the falsehoods that we are all being told about the system, "We are in a really artificial situation. There is a new high, on average, every month. Feds around the world have been printing money.” But, this is the world we live in. Should we wait and see how it plays out? Bury our heads in the sand? Or, should we instead think about what we can do differently. How we can look at his situation and take a new perspective, give it some potential and extended future? Like the art of kintsukuroi we may be able to give it a second chance, with gold. Gold is for everyone: Some are already filling the cracks with gold “The world breaks everyone, then some become strong at the broken places.” Ernest Hemingway Countries around the world (including large nations such as Russia and China) are acquiring gold at an accelerated rate in order to diversify their reserve positions. When you consider the already substantial reserves in the US, Germany and the IMF, we may already be moving quietly towards a default gold standard. There is a reason these countries and organisations are accumulating and/or holding onto gold. They know that when things take the inevitable turn for the worst, gold will alleviate the financial and monetary damage. They know this because whilst their economic policies might not reflect any knowledge of history, history including the recent crisis shows them that gold has survived history because of it’s ability to hold value and act as a safe haven. Unfortunately the chances of the majority of the world’s leaders realising how they can fix the cracks before they become breaks, are low. But that doesn’t mean investors can’t embrace gold to fix the cracks that their finances and investments are exposed to. As with the broken pots, gold just needs to be a small part of your portfolio. A small allocation confers stability and insurance. Jim Rickards argues that the solution to the risks we are all exposed to is to allocate 10% of your portfolio to physical gold or silver:‘That will be your insurance when the time comes.’ Whether it is 5%, 10% or 50%, gold should play a part in your portfolio to give it strength in the tough times that are no doubt ahead. Just one look at the table below (from guru Tony Robbins) and you can see how little an amount needs to go in, in order to fill the cracks and reduce volatility and enhance returns in a portfolio. All Seasons strategy via Ray Dalio via Tony Robbins You might ask why isn’t there a rush to gold if it’s the way to secure our portfolios? Only the smart money is diversifying into gold now - as was the case before the first financial crisis. Martin Armstrong of Armstrong Economics recently said: ‘Gold and the stock market will take off when people realize that government is in trouble. When they lose confidence, that is when they will start to pour into tangible assets.’ Conclusion - Reinforce the financial cracks with gold Really kintsukuroi is about highlighting imperfections. Many reading this might ask why on earth one would want to highlight the imperfections in the banking system and the global financial system rather than just starting from scratch. We don’t need to go so far as to lose our wealth in order to realise how we can protect ourselves. There is no changing the damage that has been done. We cannot erase the past, only learn from it. How do you learn from things? By remembering what has happened and by incorporating those lessons into every day life. We can do that with gold. We can learn from the past mistakes and bring gold into our portfolios to protect and grow our wealth. Gold has consistently proven itself in times of economic distress. Those who have benefited the most from this are the ones who bought their insurance and reinforced the cracks prior to the shattering crash. Source: Kate Ter Haar via Flickr News and Commentary Gold ends marginally lower but books solid +2.5% gain in July (MarketWatch.com) U.S. Stocks Mixed, Dollar Gains as Treasuries Slip: Markets Wrap (Bloomberg.com) LBMA shines a light on the gold in London’s vaults – 7,449 tonnes as of March 31 (Reuters.com) Ex-NASA Agent Fears Gold Lunar Module Will Be Melted Down (Bloomberg.com) Gold Logs Fourth Monthly Increase; US Mint Bullion Sales Bounce in July (CoinNews.net) U.S. Mint bullion sales improved greatly in July Revealed for the first time: How much gold is in London's vaults? (Telegraph.co.uk) Millennials' wages devoured by their own beloved technologies (DavidMCWilliams.ie) Peak Complacency as Recession Looms - Prepare (MauldinEconomics.com) We Need Our $40 Trillion In Stolen Cash Back - Catherine Austin Fitts (Youtube.com) Strategist Sees Gold Higher, Dollar Lower (video) (Bloomberg.com) Gold Prices (LBMA AM) 01 Aug: USD 1,267.05, GBP 957.76 & EUR 1,072.30 per ounce31 Jul: USD 1,266.35, GBP 965.59 & EUR 1,079.06 per ounce28 Jul: USD 1,259.60, GBP 961.96 & EUR 1,075.45 per ounce27 Jul: USD 1,262.05, GBP 960.29 & EUR 1,076.53 per ounce26 Jul: USD 1,245.40, GBP 956.72 & EUR 1,071.29 per ounce25 Jul: USD 1,252.00, GBP 960.78 & EUR 1,074.59 per ounce24 Jul: USD 1,255.85, GBP 962.99 & EUR 1,077.64 per ounce Silver Prices (LBMA) 01 Aug: USD 16.74, GBP 12.67 & EUR 14.17 per ounce31 Jul: USD 16.76, GBP 12.77 & EUR 14.29 per ounce28 Jul: USD 16.56, GBP 12.66 & EUR 14.15 per ounce27 Jul: USD 16.79, GBP 12.77 & EUR 14.34 per ounce26 Jul: USD 16.37, GBP 12.54 & EUR 14.06 per ounce25 Jul: USD 16.31, GBP 12.52 & EUR 14.00 per ounce24 Jul: USD 16.50, GBP 12.66 & EUR 14.17 per ounce Recent Market Updates - Bitcoin, ICO Risk Versus Immutable Gold and Silver- This Is Why Shrinkflation Is Making You Poor- Gold A Good Store Of Value – Protect From $217 Trillion Global Debt Bubble- Why Surging UK Household Debt Will Cause The Next Crisis- Gold Seasonal Sweet Spot – August and September – Coming- Commercial Property Market In Dublin Is Inflated and May Burst Again- Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing- Millennials Can Punt On Bitcoin, Own Gold and Silver For Long Term- “Time To Position In Gold Is Right Now” says Jim Rickards- Bloomberg Silver Price Survey – Median 12 Month Forecast Of $20- “Bigger Systemic Risk” Now Than 2008 – Bank of England- “Financial Crisis” Coming By End Of 2018 – Prepare Urgently- Video – “Gold Should Probably Be $5000” – CME Chairman Important Guides For your perusal, below are our most popular guides in 2017: Essential Guide To Storing Gold In Switzerland Essential Guide To Storing Gold In Singapore Essential Guide to Tax Free Gold Sovereigns (UK) Please share our research with family, friends and colleagues who you think would benefit from being informed by it.
Marc Faber, publisher of the "Gloom, Boom & Doom Report," discusses tech stocks and the broader market with Courtney Reagan. "Either people with money will be taxed heavily ... or we'll have a massive deflation in asset prices — I repeat: massive," Dr. Marc Faber warned. "Eventually the... [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
Marc Faber 28 June 2017 Stock market plunge of 40% or more Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil. [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
“We’ve had more than eight years of a bull market. The Nasdaq is being driven by very few stocks,” said Faber on Friday’s “Trading Nation.” That rally “is not a particularly healthy sign from a technical point of view, and valuations are very high,” the investor added. Faber’s comments come... [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
What is the Dr. Marc Faber prediction for gold and silver in 2017? Will Be a Year of Disappointment Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity... [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
Marc Faber warns -- It’s going to end ‘extremely badly,’ with stocks set to plummet 40% or more He argues the stock market could see another "lurch" higher, but then investors may want to run for cover. Marc Faber is an international investor known for his uncanny predictions of the... [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
It’s going to end ‘extremely badly,’ with stocks set to plummet 40% or more, warns Marc 'Dr. Doom' Faber "We've had more than eight years of a bull market. The Nasdaq is being driven by very few stocks," said Faber on Friday's "Trading Nation." That rally "is not a particularly healthy sign... [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
Marc Faber warns the bull run will turn 'extremely' bearish, with stocks plummeting 40% or more
Why Marc Faber isn't backing down from a dire stock market prediction as stocks trade around all-time highs.
Marc Faber JUNE 2017 Gold and Silver Markets AnalysisThe Risk of Global Collapse Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil. [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
Marc Faber WARNING Investors to Go Long on Gold, Silver & Platinum in 2017 Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil. [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
The Greatest Risk For The Market Right Now? MARC FABER 2017 New Updates Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil. [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
Marc Faber Believes in a Possible U S Stock Market Bubble in 2017 Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and... [[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]
До золотых жуков дошло, что валютных войн нет. Ваш покорный слуга это утверждает с 2011 года в различных публикациях, в мае 2013 отдельной статьёй по теме: Валютные войны? Или? С важной оговоркой: нет валютных войн между центробанками-эмитентами резервных валют, но есть их общая война против валют остального мира. Разумеется, для западных жуков эта война почти незаметна. Две цитаты с Запада:Пишет Louis Cammarosano:There are no “Currency Wars”.Там нет никаких валютных войн - просто скоординированные манипуляции центральных банков.Центральные банки в скоордининированной эстафете по очереди обесценивают свои валюты."Валютные войны" - часто повторяющийся городской мем. smaulgld.comВторое высказывание от известного инвестора с большим стажем Марка Фабера:The point is however the following: the central banks around the world have engaged in money printing and it’s not at all a currency war. It is a coordinated effort by central banks that are run by some professors who’ve never worked a single day in their lives in the private sector to kind of bail out the system. Now this bailout will of course fail. And when it fails, the question is what will happen then.Пойнт в следующем: центральные банки по всему миру вовлечены в денежную эмиссию, и это вовсе не валютные войны. Это скоординированные усилия центральных банков, в которых работают некоторые профессора, что никогда не работали ни одного дня в своей жизни в частном секторе, чтобы хоть отчасти выручить систему. Теперь это спасение, конечно, не удастся. И когда это не удаётся, вопрос что будет потом.Я держу около 25% своих активов в драгоценных металлах. Не знаю, будет ли серебро идти более или золото, но факт - просто я хочу, чтобы некоторые активы были вне банковского сектора. Потому что банковский сектор находится в ведении академической мафии. Они являются разрушителями покупательной способности денег. Профессора в Федрезерве - они не заботятся о простых людях. Они даже не независимы. Они правят как будто кто-то говорит им: "Вы делайте это, вы делайте то." В значительной степени это банковские картели... Покупательная способность денег будет продолжать снижаться. schiffgold.comФабер уже попадал в поле моего зрения в 2012 г. - Стиглиц, Кругман, Шлаэс, Фабер... Ну что ж, он продвинулся. Справедливости ради следует отметить, что Джим Рикардс - бывший разведчик и автор бестселлера "Валютные войны" скорректировал свою позицию в таком же ключе два года назад: Оперативная программа обороны БРИКС в валютной войне.В сентябре 2014 я обозначил условие, при котором и до каких пор для евро будет формироваться новый коридор:Если свопы не появятся 25 сентября (свопы открывают по четвергам) - можно рисковать, ибо значит ФРС-ЕЦБ для евро опустили коридор. Харибда Феду: подключается ЕЦБ.Разумеется, несколько неожиданно, что процесс затянулся, но учитывая глубину погружения евро, большая скорость всплытия доллара чревата кессонной болезнью в Штатах.Понимаю, многим мой аргумент об отсутствии или наличии свопов как индикаторе коридоров в согласованной эмиссии внутри ЦБ-6 кажется недостаточным. Дескать, если бы коридоры стояли до сих пор, как простояли с 2012 до весны-лета 2014 гг...Ещё в дек-2011 я предупреждал, что коридоры не могут быть вечными и будут корректироваться время от времени.Посмотрим теперь на самую прыгучую в шестёрке валют - японскую йену: падение прекратилось 8 дек 2014 г. и с того дня она болтается в коридоре 116-122 на фоне растущего по миру доллара. Так вот: падение прекратилось как только появился валютный своп между Банком Японии и ФРС:И этот своп обновляется каждую неделю с того дня. См. Federal Reserve Foreign Exchange Swap Agreements. Сумма незначительная - 1...3 млн долл, хотя по договору она не ограничена. Не ограничена, как стало модно говорить, от слова "совсем" - даже срок действия договоров между ЦБ не ограничен - см. Валютные свопы навсегда! То есть этот символический миллион-три был как флажок.А вот первого апреля появился своп на 810 млн долл. Это уже значит, что некие непонятливые спекулянты быкуют в прямом и переносном смысле доллар к йене... но получат по рогам. И какую бы сумму желающие быковать не ставили на повышение доллара, Банк Японии покроет её долларами, прокачанными от ФРС через бекдор. Подробнее о своп-правилах см. Swapfaqs. Кстати, эти 810 млн долл являются ничем иным как краткосрочной эмиссией ФРС с возможностью бесконечного продления - заметьте, без всяких там объявлений. Конечно, сумма не столь значительна, но понадобится - напечатают и 100 и 200 млрд долл - такое уже было не раз.P.S. Привет нашим экспертам - четыре года талдычат из дуроскопа городской мем. Пожалуй, из всех на тв можно отметить лишь одного эксперта - если пожелает, то вставлю сюда его имя - он иногда отмечается у меня в блоге под разными никами. Кстати, с товарищем связана одна интригующая история: осенью 2013-го он за три недели до спрогнозировал день в день обвал на русской бирже и после этого события сразу удалил свой блог - народ в догадках выдвигал самые невероятные версии о профите и судьбе предсказателя :)