"In the economy of the cuckoo people that……" — Marc Faber
"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."
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Marc Faber
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36 Quotes by Marc Faber
Marc Faber has 36 quotes on this site.
A few more worth reading:
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I think there are some groups of stocks that are highly vulnerable because they're in cuckoo land in terms of…
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One day the price of gold will be higher than the Dow Jones.
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Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015,…
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You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset…
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The monetary policies of the US will destroy the world.
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Buy a $100 US bond and frame it to teach your children about inflation by watching the US bond value…
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It is clear to me that the financial sector, including CNBC, loves central banks
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When I look at asset prices; real estate, bonds, equities, vintage cars… I think that gold is actually one of…
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I'd rather buy something that is relatively depressed than something that is relatively high.
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As an observer of markets - whenever everyone focuses on one thing - like Greece and Europe - maybe they…
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I am surprised with the reelection of Mr. Obama. The S&P is only down, like, 30 points. I would have…
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I think Mr. Obama is a disaster for business and a disaster for the United States. Not that Mr. Romney…
See all 36 quotes by Marc Faber »
More Banks Quotes
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Every Republican's voted for it. Look at what they value and look at their budget and what they're proposing. Romney…
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At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call,…
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This nation is like a spring freshet; it overruns its banks and destroys all who are in its path.
— Sitting Bull
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Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional…
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Don't blame Wall Street, don't blame the big banks. If you don't have a job and you are not rich,…
— Herman Cain
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I was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they…
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