Bill Gross had a great sound bite at Forbes’ annual investing roundtable:I don’t know if the U.S. has reached a desperate point, but it is employing instruments and vehicles and policies that smack of desperation. We are not looking at a default here…
Posts Tagged ‘Faber’
Bill Gross: “Ultimately Creditors And Investors Are At The Behest Of A Central Bank And Policymakers That Will Rob Them Of Their Money”
January 19th, 2011 |
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Dutch ask Germany to arrest Nazi
November 26th, 2010 |
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The Netherlands has issued a European arrest warrant for a Dutch-born Nazi war criminal, Klaas-Carel Faber, now living in Germany. Faber, 88, was sentenced to death in 1947 for the deaths of Jews at the Westerbork transit camp but his term was commuted to life.
No Wonder the Outlook for the Economy is “Unusually Uncertain” … the Fed is Killing It
July 21st, 2010 |
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Fed Chairman Ben Bernanke testified today that the outlook for the economy is “unusually uncertain”.That’s not surprising.Nothing has changed since I made the following points last December.High-Level Fed Officials Slam BernankeFed Vice Chairman Donal…
15 More Celebrities Who Got Away With It
July 12th, 2010 |
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It’s no secret that celebrities get special treatment. Stars are notorious for getting a wink and a smile from police offers for offenses which would earn the rest of us a baton to the back of the head.
Regulators and Industry Insiders KNEW We Were in a Housing Bubble
April 14th, 2010 |
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Greenspan and many other bankers, regulators and industry insiders say that “no one could have known” that we were in a housing bubble.For example, Greenspan:Stood by his conviction that little could be done to identify a bubble before it burst, much l…
“Bernanke Warned Congress On Wednesday That The United States Could Soon Face A Debt Crisis Like The One In Greece”
February 27th, 2010 |
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Bernanke is now joining Rosenberg, Ferguson and Faber, Edwards, Grice and many others in warning that the debt crisis rearing its head in Greece may spread to America, causing U.S. interest rates to climb.As the Washington Times wrote yesterday: With…
Ferguson and Faber: Sovereign Debt Crisis Will Spread World-Wide, U.S. Debt Is Unsafe
February 11th, 2010 |
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In a must-read essay, Niall Ferguson slams the prevailing Keynesian consensus, and says that the sovereign debt crisis in Greece will spread to America:What we in the western world are about to learn is that there is no such thing as a Keynesian free l…
Tips from the top
December 24th, 2009 |
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Six investment veterans including Marc ‘Dr Doom’ Faber, Mark Mobius of Templeton Asset Management, Chua Soon Hock of Asia Genesis Asset Management and Richard Urwin of BlackRock on the best investing ideas, asset classes and markets for the coming year in our Personal Wealth cover story.
Questions for Bernanke’s Senate Confirmation Hearing
December 1st, 2009 |
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The Senate Banking Committee will be chatting with Ben Bernanke this Thursday to vote on his reappointment.Demand that the Committee ask the following questions for our esteemed Esteemed Chairman (and contact your own Senators also and demand that they…
Sentosa acquires remaining 50% shares in Mount Faber Leisure Group
November 26th, 2009 |
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Sentosa Development Corporation (SDC) says it has signed an agreement with Hazeltree Holdings, a wholly-owned subsidiary of Temasek Holdings, to purchase the latter’s 50% holding in Mount Faber Leisure Group (MFLG) with immediate effect. MFLG has now become the 100% owned subsidiary company of SDC.
MFLG, which owns and manages the new Jewel Rides, previously known as cable car rides, as well as The Jewel Box hilltop tourist attraction, will remain committed to building its successful brand and to serving its passionate community.
“War ALWAYS Causes Recession”
November 15th, 2009 |
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PhD economist Marc Faber predicts that the U.S. will launch a war to distract people from the bad economy.China’s largest media outlet – Sohu.com – wrote in October 2008 that the Rand corporation, a leading U.S. military advisor, lobbied the Pentagon f…
How Did America Fall So Fast?
October 21st, 2009 |
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In 2000, America was described as the sole remaining superpower – or even the world’s “hyperpower”. Now we’re in real trouble (at the very least, you have to admit that we’re losing power and wealth in comparison with China).How did it happen so fast…
Is Gold A Reasonable Investment?
September 29th, 2009 |
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This essay rounds up arguments for gold as a reasonable investment.ChinaCommentators such as Ambrose Evans-Pritchard and Byron King argue that China’s hunger for gold will put a floor on gold prices.Specifically, they argue that China will “buy the dip…
The Case for Inflation
September 28th, 2009 |
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As I have recently pointed out, there are strong arguments for ongoing deflation. But even deflationists think that – after a period of deflation – we might eventually get inflation. For example, in October, I guessed 1 1/2 to 2 years of deflation, fol…
Elliot Wave: Faber Versus Mish and McHugh
September 27th, 2009 |
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I am agnostic about Elliot Wave stock charting.But, as I see it, there are two basic views of those who follow Elliot Wave.On the one hand, Mish and McHugh think we might be on the verge of a major wave c down crash.What does this mean?Basically, a sec…