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Marc Faber: Here’S How I Am Investing Now

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Marc says:"As long as Central Banks keep on printing money.......",etc.

I agree with him that this is likely to continue and in 20 years or so we are all doomed,

however if for some reason the money printing does stop and interest rates go up, then

a sudden drop in prices will be massive and especially gold will drop big time.

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Marc says:"As long as Central Banks keep on printing money.......",etc.

I agree with him that this is likely to continue and in 20 years or so we are all doomed,

however if for some reason the money printing does stop and interest rates go up, then

a sudden drop in prices will be massive and especially gold will drop big time.

There is no bond market, its where we are going, the end game is no bond market, QE to eternity now, issuence, purchase, its called DEBT CONTROL.....

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The Fed can't stop QE now - there is also a US election coming. They all want to keep their jobs.

The USD might tank but that is the only risk now. Bernanke will print until he is dragged out of the Fed or the USD crashes.

The immediate danger is another flash crash - engineered or not.

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Faber's another one of those blokes who gets most things wrong but goes on and on about the few things he got right, eh

Edited by Si1

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Marc says:"As long as Central Banks keep on printing money.......",etc.

I agree with him that this is likely to continue and in 20 years or so we are all doomed,

however if for some reason the money printing does stop and interest rates go up, then

a sudden drop in prices will be massive and especially gold will drop big time.

If/when interest rates start to rise gold will shoot upwards.

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How so?

I was under the impression that gold would drop, as people get out due to better returns from less risky investments.

There is empirical evidence to suggest that gold only really drops once interest rates turn positive.

See 7% base rate any time soon???

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How so?

I was under the impression that gold would drop, as people get out due to better returns from less risky investments.

Some reading -

http://www.zerohedge.com/article/lear-capital-will-rising-interest-rates-skyrocket-gold-price-0 - Lear Capital: Will Rising Interest Rates Skyrocket the Gold Price?

http://news.goldseek.com/SpeculativeInvestor/1268719680.php - Are Rising Interest Rates Bullish Or Bearish For Gold?

http://www.kitco.com/ind/Mickey/nov242010.html - Will Rising Interest Rates Kill the Gold Bull?

There are numerous other, similar articles from a variety of writers.

Remember that Interest rates trended upward during the gold bull market of the 1970s.

Edited by Errol

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Marc says:"...if for some reason the money printing does stop and interest rates go up, then

a sudden drop in prices will be massive...

So it finally dawns on Marc that the end game could be deflationary.

Welcome to the club Marc, a bit slow but you finally got there.

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So it finally dawns on Marc that the end game could be deflationary.

Welcome to the club Marc, a bit slow but you finally got there.

No bond market now, QE, to eternity, savings/wages driven down by cost inflation, debt backed assets falling in value, equities rigged, forex rigged, commodities being speculatively played............We are in the casino of fear......

Pay off debt, keep you job, maybe the state will print to keep you in old age, we are heading to the point where you either work to exist or beg to the state, but get rich oppurtunities are fast becoming a thing of the past.

Buy a house, pay off the debt against it asap, enjoy any spare cash/savings, and cross your fingers, its looking very Japanese......................

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its looking very Japanese......................Pay off debt, keep your job...

Agreed.

Buy a house

Are you mad?

No bond market now..

Have you been drinking?

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No bond market now, QE, to eternity, savings/wages driven down by cost inflation, debt backed assets falling in value, equities rigged, forex rigged, commodities being speculatively played............We are in the casino of fear......

Pay off debt, keep you job, maybe the state will print to keep you in old age, we are heading to the point where you either work to exist or beg to the state, but get rich oppurtunities are fast becoming a thing of the past.

Buy a house, pay off the debt against it asap, enjoy any spare cash/savings, and cross your fingers, its looking very Japanese......................

That seems contradictory.

If it's QE to infinity with equities and forex rigged, why would you pay use your money to pay off any debt on a house?

Shouldn't you grab as much leverage as you can and use to play the rigged markets?

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That seems contradictory.

If it's QE to infinity with equities and forex rigged, why would you pay use your money to pay off any debt on a house?

Shouldn't you grab as much leverage as you can and use to play the rigged markets?

Easier said then done? When you have no debt, you own you home, life ain't too bad should you become unemployable, also you assume the average person understands markets, keep it simple, not everyone posts on HPC.COM.

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debt backed assets falling in value,

+

Buy a house,

pay off the debt against it asap, enjoy any spare cash/savings, and cross your fingers, its looking very Japanese......................

Japanese house prices haven't done very well have they?

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Japanese house prices haven't done very well have they?

No, but Japanese savings/wages versus spending power has not either....

You lose either way, if you have cash to buy a house, you buy, the house falls in value whether real or nominal falls, if you do not buy a house, you cash falls in value through inflation....Its which falls fastest and for longest?

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No, but Japanese savings/wages versus spending power has not either....

You lose either way, if you have cash to buy a house, you buy, the house falls in value whether real or nominal falls, if you do not buy a house, you cash falls in value through inflation....Its which falls fastest and for longest?

Why would you use your cash for anything other than speculating on equities, commodities if you think it is QE to infinity?

You ride a never ending bubble up, or spend your money on a "debt backed asset falling in value"?

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Why would you use your cash for anything other than speculating on equities, commodities if you think it is QE to infinity?

You ride a never ending bubble up, or spend your money on a "debt backed asset falling in value"?

I am not disagreeing with you, but i am talking average Joe, not a HPC veteran..........Out of a sample of 100 friends of mine, only a small percentage would know what you are talking about. Better to live debt free/mortgage free, work to live, not live to work, and be happy and content with life.

Once you hit forty, and if you are mortgage free, debt free, are working to live. you have your health, your friends, your family, time, what else do you need, you can only eat and drink so much, live in one house, sleep in one bed, drive one car etc?

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Why would you use your cash for anything other than speculating on equities, commodities if you think it is QE to infinity?

You ride a never ending bubble up, or spend your money on a "debt backed asset falling in value"?

If your income can't pay the ever escalating taxation on that stuff you wind up shirtless.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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