Marc Faber, the Gloom, Boom & Doom Report’s editor, says he doesn’t know exactly how it will happen, but eventually wealthy people who benefited from easy monetary policy will “have to give back some of their money.” (2:13)» Read More
Marc Faber, editor and publisher of the Gloom, Boom & Doom Report, discusses the S&P downgrade of France and other European countries. He believes they should be downgraded even further.
Jim Rogers thinks Marc Faber has got it wrong about China, when he says the country is possibly headed for a hard landing, which would lead to a devastating impact on commodities around the world.
Gold has many years left on its bull run, but the precious metal will eventually reach a bubble, famed investor Jim Rogers told CNBC Wednesday.
"I'm a great optimist in life," the man known as Dr. Doom told CNBC Wednesday. "Otherwise I would commit suicide in view of the kind of governments we have nowadays."
Suffocating global debt problems and overreaching intervention programs will be good for the US dollar but bad for asset prices otherwise, investment guru Marc Faber said.
Pimco’s Mohamed El-Erian might like what he sees in President Barack Obama’s $447 billion jobs package but not so Marc Faber, the author of the Gloom, Boom and Doom report, who is not happy about the President’s plan.
Both the U.S. and Europe are facing a decade of slow growth brought on primarily by the blunders of central banks, noted doomsayer Marc Faber said.
Marc Faber, who predicted just last week that a bear market was on its way back, says the current selloff in equities is overdone and he expects a short-term rebound.
Markets could rebound after Thursday's global sell-off, but investors should see any bounce as a selling opportunity, as the world economy rolls towards total collapse, Mark Faber, editor and publisher of the Boom, Doom and Gloom Report told CNBC Friday.
It is mind boggling that people would consider buying 10-year U.S. Treasurys with yields trading at around 3 percent, said Marc Faber, the author of the closely-watched "Gloom, Boom and Doom" report told CNBC on Thursday.
The thing about predictions is that if you make enough of them, eventually they’ll start to come true. Being a good enough prognosticator to hold the investor community’s attention most of the time is an entirely different matter.