Marc Faber on Czech TV: March 19, 2009 (50min.)

[LargoWinch]

"People will wake up and see the destructive power of central bankers" -Faber

"We will have war" -Faber

"Money printing and inflation will always favors the elite" -Faber

I find this clip of Faber quite interesting, if only because Faber is so laid back here.

The content is also quite worthwhile, especially Faber's view regarding S&P500 Market Cap to GDP, which points out to an overvalued US equities market.

Faber still believes that gold is overbought short-term and prefers industrial commodities.

Lastly, he believes that "the system is basically bankrupt".

-W.


Funny note: See 3rd clip at 0:42.

Note to EJ: why not doing more video interviews?

Note 2: These Youtube "bubble" comments are quite annoying aren't they?

[metalman]

Re: Marc Faber on Czech TV: March 19, 2009 (50min.)

"People will wake up and see the destructive power of central bankers" -Faber

"We will have war" -Faber

"Money printing and inflation will always favors the elite" -Faber

I find this clip of Faber quite interesting, if only because Faber is so laid back here.

The content is also quite worthwhile, especially Faber's view regarding S&P500 Market Cap to GDP, which points out to an overvalued US equities market.

Faber still believes that gold is overbought short-term and prefers industrial commodities.

Lastly, he believes that "the system is basically bankrupt".

-W.


Funny note: See 3rd clip at 0:42.

Note to EJ: why not doing more video interviews?

Note 2: These Youtube "bubble" comments are quite annoying aren't they?

huh. doesn't want to be photographed smoking... maybe his insurance company doesn't know.

have to admire old people who still smoke. how do they do it?

young smokers are stupid, middle age smokers are addicted, old smokers are fatalistic.

that's faber for ya.

[*T*]

Re: Marc Faber on Czech TV: March 19, 2009 (50min.)

huh. doesn't want to be photographed smoking... maybe his insurance company doesn't know.

have to admire old people who still smoke. how do they do it?

young smokers are stupid, middle age smokers are addicted, old smokers are fatalistic.

that's faber for ya.

At least we know what he's been smoking....

[LargoWinch]

Re: Marc Faber on Czech TV: March 19, 2009 (50min.)

Some more Faber (32min. audio).

Notable quote: "Central Bankers are worse than the mafia, at least the mafia takes risks" - Faber

About the interviewer here:
http://mcalvany.com/about_david.php

[D-Mack]

Re: Marc Faber on Czech TV: March 19, 2009 (50min.)

Some more Faber (32min. audio).

Notable quote: "Central Bankers are worse than the mafia, at least the mafia takes risks" - Faber

About the interviewer here:[I]
http://mcalvany.com/about_david.php

It's from oct 08
http://www.mcalvany.com/podcast/?p=43


And I have seen an interview in Swiss language where he also smokes.
It was a bit difficult to understeand although I speak German