China in Midst of ‘Greatest Bubble in History,’ Rickards Says – Bloomberg.com

Posted by Matt in March 17th, 2010 | no comment

Published in China, Financial Crisis, Amp, Asset Allocation, Banks, Boom, China Economy, China S Economy, Crash, Doom, Economic Growth, Gloom, Harvard University Professor, Hong Kong, Jim Chanos, Kenneth Rogoff, Marc Faber, Midst, Misallocation, Professor Kenneth, Rickards, summit

“As I see it, it is the greatest bubble in history with the most massive misallocation of wealth,” Rickards said at the Asset Allocation Summit Asia 2010 organized by Terrapinn Pte in Hong Kong yesterday. China “is a bubble waiting to burst.”
Rickards joins hedge fund manager Jim Chanos, Gloom, Boom & Doom publisher Marc Faber [...]

‘Buy farmland and gold,’ advises Dr Doom – Times Online

Posted by Matt in February 27th, 2010 | no comment

Published in Financial, Bearish Market, Buy Gold, Buy Stock, Dirty War, Doom Online, Dr Doom, Dr Online, Farmland, Financial Meltdown, Fund Managers, Gold, Investors, Marc Faber, Pundit, Stock Market Crash, Tokyo

The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.
The bleak warning of social and financial meltdown, delivered today in Tokyo at a gathering of 700 pension and sovereign [...]

Predictions of War, Financial Bust, and More Gloom-Minyanville

Posted by Matt in November 25th, 2009 | no comment

Published in Financial, War, Amp, Big Bust, Boom, Credit Expansion, Doom Editor, Economy, Gloom, Governments, Inflation Rate, Inquiring Minds, Marc Faber, Printing Money, Stimulus, Swiss Fund

Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor, said eventually there will be a big bust and then the whole credit expansion will come to an end. Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not [...]

The Future is Bleak Starting in a Few Years

Posted by Matt in September 25th, 2009 | no comment

Published in Economy, Financial, Amp, Blush, Boom, Capitalistic System, Collapse, Disaster, Doom, Gloom, Impoverishment, Marc Faber, Massive Government Debt, Segments, September Issue, Ticker, Yahoo

“The future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society,” Marc Faber writes in the September issue of The Gloom, Boom & Doom Report.A statement like that pretty much speaks for itself, [...]