Marc Faber is known to be fairly provocative (and accurate) with his predictions. As the U.S. government spends its way to oblivion, Faber foresees the mathematically inevitable: prohibitive interest payments that force the government to print, in Faber’s words, “worthless confetti.” In response, Faber believes the U.S. will go to war....
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If the market is topping, it’s doing so in the face of rosy news in every area except for employment and there is nothing more ominous than a stock market turning down in the face of a “bright” economy. At such times, nobody is ready or positioned for a sudden...
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Since early 2009 we’ve written about the super-bullish long-term cup and handle pattern in Gold. It dates back to 1980 and has a logarithmic target of about $2,100. We noted that previous cup and handle patterns in Gold all reached their logarithmic target1. We expect that this move...
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You think Gold is a bubble? Take a look at the chart of Gold's performance this bull market against the 1970s. There isn't any comparison....
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Including Jim Rogers, Marc Faber, Peter Schiff and David Tice....
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He was on CNBC Europe earlier today....
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..."The greatest bull market in history, beginning in 1982," he says, has trained people "to believe things will do well and get better"—training he considers lethal—and conditioned them to "buy the dips."....
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In an editorial penned for the Financial Times, billionaire investing icon George Soros said that while Greece could be salvaged by a makeshift financial-rescue package, bigger problems lie ahead for the euro.
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Various Gold-Related video clips from last week.....great stuff and worth your time....
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When Soros said "ultimate bubble" perhaps he meant....
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