Marc Faber: Future will be total disaster, w/a collapse of our capitalistic system

Quote from S2007S:

There is no need to worry about what marc faber and the rest of them say because everything is fine and will stay fine as long as they can prop the system up. There is absolutely no need to worry about anything negative going forward. Stay long and continue to buy the .25% pullbacks. Market is headed to new highs.
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Yep, that's what the Politburo kept telling the Soviets....until 1991.
 
Quote from infolode:
Marc Faber is the Jack Palance of financial commentary.

Faber always delivers the goods, in a creepy-cool sort of dialog.
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:D :D :D :D infolode, you crack me up!


Seriously, I do have respect for this guy's opinion. In late spring, when most were looking for a retest of March lows, he predicted continued asset inflation through the summer.
 
Quote from indahook:

Sensational pessimism sells the most.

I have never met a succesful trader or investor who was an eternal pessimist. They do not exist, the proper psychological makeup required for success in this biz weeds out the mopes.
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pleased to meet you.
 
Quote from cleveland45:

well where is it? the good news?

all I see is gold climbing and the dollar falling
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It's all around, but me listing it here is akin to pissing into the wind. Just trade.
 
Quote from S2007S:

Why would you create a 20th name on ET to respond to my post, anyway I am quite honored that your 1st post was a response to mine. Keep the new user names coming.


BeefJerky


Registered: Sep 2009
Posts: 1
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Try 2000th name. That's c-kid/cold/jasonn again.
 
In an interview with my local newspaper Faber told he was talking to Bill Gates who supposedly said he would move Microsoft entirely to Asia if he could tomorrow.

Jeez.

Anything to make a few extra billions right?
 
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