As an observer of markets - whenever everyone focuses on one thing - like Greece and Europe - maybe they miss issues that are far more important - such as a meaningful slowdown in India and China. Marc Faber chinaeuropefocus Change image and share on social
It's pointless to talk to Fed members about economics because they are academics who believe in money-printing. Some of them believe they didn't print enough, and so with these kinds of people, it is like running to the pope. What do you want to tell them? Marc Faber academiceconomicsfeed share on social
I do know some of the world's richest people. In monetary terms, they all performed very well. In terms of a fulfilling life, I am less sure. Marc Faber fulfilllifemonetary Change image and share on social
This is the choice in life. You choose what is less bad. I don't particularly like Mr. Obama, but I think he is less bad for the world than Mr. Romney. It is a tragedy of life that both candidates did not lose the election. They would have deserved both to lose. Marc Faber badcandidatechoice share on social
Market forces will one day crush the Federal Reserve. One day, the market forces will reverse. Marc Faber crushdayfederal Change image and share on social
The problem with Mr. Obama is that you get more regulation and it's a disincentive for businessmen to hire people. You probably also get higher taxes, so in terms of the economy, he is very negative in my view. Marc Faber businessmandisincentiveeconomy share on social
There's no such thing as a favorite investment. But I think I tend to invest in Asia in promising countries, in equities, in real estate, and I own precious metals, obviously. Marc Faber asiacountryequity Change image and share on social
I am surprised with the reelection of Mr. Obama. The S&P is only down, like, 30 points. I would have thought that the market on his reelection should be down at least 50%. Marc Faber marketobamapoint Change image and share on social
I'd rather buy something that is relatively depressed than something that is relatively high. Marc Faber buydepresshigh Change image and share on social
In the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within six months. Marc Faber bankbubblecentral share on social