If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills… — Marc Faber Copy Share Image
I have argued again and again that investors should hold some assets in precious metals as an alternative to cash. One of the functions of paper money is to be a store of value. But... with practically zero interest rates… — Marc Faber Copy Share Image
I believe that the market is slowly waking up to the fact that the Federal Reserve is a clueless organization. They have no idea… — Marc Faber Copy Share Image
It is clear to me that the financial sector, including CNBC, loves central banks — Marc Faber Copy Share Image
The positive aspect of my negative view is essentially that you shouldn't own cash and government bonds, but you should be in assets like… — Marc Faber Copy Share Image
Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015, and possibly lasting well… — Marc Faber Copy Share Image
Now, McDonald's is a very good indicator of the global economy. If McDonald's doesn't increase its sales, it tells you that the monetary policies… — Marc Faber Copy Share Image
The Federal Reserve - all of them - could be sitting on a barrel of dynamite, and then pouring gasoline on top of it,… — Marc Faber Copy Share Image
If you really believe that every three years the market will double, then go and buy shares. I don't believe that. — Marc Faber Copy Share Image
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… — Marc Faber Copy Share Image
The entire political elite has mismanaged the Indian economy for the last 50 years. You cannot solve a crisis that is borne as a… — Marc Faber Copy Share Image
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… — Marc Faber Copy Share Image
When it comes to money, the best investments were probably the ones I did not make. — Marc Faber Copy Share Image
