Marc Faber has just released the market commentary for February 2013 entitled "A good Life is not a State to arrive at - but a Way of Traveling" on gloomboomdoom.com.
Marc Faber first explains that investors should learn to relax and ignore what markets do in the short term in order to outperform. He takes one of his reader question as example:
"Why I would rather not sell my gold
and subsequently buy it back at a lower price.?"
The reason he is not selling his gold is because he wants to diversify and keep approximately 25%
of his assets in gold (also 25% in equities, 25% in corporate bonds and
cash, and 25% in real estate). That way if the price of gold declines, it is likely that the
value of his financial assets would increase, so a decline in
the price of precious metals would actually be beneficial to the overall
value of his assets since he has around 50% of his portfolio in
bonds, cash and equities. But now that stocks and bonds have both rallied very strongly, he feels much more comfortable holding gold than financial assets.
There is no attachment with this month MMC.
If you want to access the full Monthly Market Commentary (MMC) by Marc Faber, it is available for 300 USD per year.
Showing posts with label equities. Show all posts
Showing posts with label equities. Show all posts
Saturday, February 2, 2013
Wednesday, January 2, 2013
Marc Faber January 2013 Market Commentary
Marc Faber has just released his January 2013 market commentary entitled "A Great Attitude Creates a Happy Future" on gloomboomdoom.com.
This month, Marc Faber discusses about what may constitutes the best investment: Education of one's children in the greater sense of the word including morality, generosity,. From one investor perspective, the best returns are achieved with "boring" stocks with lower volatility., and the very best way to even lower volatility further is to hold a diversified portfolio of different assets: properties, equities, bonds, precious metals, and cash.
The monthly market commentary including one attachment:
If you want to access the full Monthly Market Commentary (MMC) by Marc Faber, it is available for 300 USD per year.
This month, Marc Faber discusses about what may constitutes the best investment: Education of one's children in the greater sense of the word including morality, generosity,. From one investor perspective, the best returns are achieved with "boring" stocks with lower volatility., and the very best way to even lower volatility further is to hold a diversified portfolio of different assets: properties, equities, bonds, precious metals, and cash.
The monthly market commentary including one attachment:
- “It’s time to ‘Bet the Farm’ on farming and farmland” by Coast Sullenger. founder of GAIA Capital Advisors.
If you want to access the full Monthly Market Commentary (MMC) by Marc Faber, it is available for 300 USD per year.
Thursday, July 26, 2012
Marc Faber - Coming Next: Global Crash and U.S. Treasury Bubble Popping
Marc Faber is interviewed on Capital Account (Russia Today) by Lauren Lyster, where the talks about his views on US treasuries and capital markets, the Chinese economy and the consequences of a Chinese slowdown.
First, he explains that since 1981 were the yield was above 15%, US treasury have been in a bull market and is in bubble territory. But as with the Nasdaq in 1999, a bubble can continue inflation, and some friends of Marc Faber think 10 years trasuries will eventually yield less than 1%, and 30 years less than 2%. But his own view is that if yields increase again in markets such as the US and Japan, money will flow into equities, so he's not really worried if stock markets go down, even though he does not rule out a crash.
When asked about China, he basically says that Chinese government numbers are bogus, and when you look at Taiwan and South Korea, you'll find their exports to China are flat, and electricity consumption in China also show a weak picture of the Chinese economy.
Finally, he gives his outlook on what is happening now, and explains there is clearly a recession in Europe, the US is slowing down, but a China slowdown would be more important to the global economy, because it would have a strong impact on emerging economies. Currently Asia is certainly not in recession, but there is basically no growth.
Marc Faber appears in the first 10 minutes below, and the second part is about Libor with a zero hedge contributor.
First, he explains that since 1981 were the yield was above 15%, US treasury have been in a bull market and is in bubble territory. But as with the Nasdaq in 1999, a bubble can continue inflation, and some friends of Marc Faber think 10 years trasuries will eventually yield less than 1%, and 30 years less than 2%. But his own view is that if yields increase again in markets such as the US and Japan, money will flow into equities, so he's not really worried if stock markets go down, even though he does not rule out a crash.
When asked about China, he basically says that Chinese government numbers are bogus, and when you look at Taiwan and South Korea, you'll find their exports to China are flat, and electricity consumption in China also show a weak picture of the Chinese economy.
Finally, he gives his outlook on what is happening now, and explains there is clearly a recession in Europe, the US is slowing down, but a China slowdown would be more important to the global economy, because it would have a strong impact on emerging economies. Currently Asia is certainly not in recession, but there is basically no growth.
Marc Faber appears in the first 10 minutes below, and the second part is about Libor with a zero hedge contributor.
Monday, April 30, 2012
Marc Faber on Money Printing, Asset Allocation, Crude Oil and More
Here's a 2 part interview of Marc Faber by Future Money Trends uploaded on the 29th of April 2012.
In the first video, MArc Faber explains that money printing won't help the general population, but it will increase asset prices, so people who own assets will benefit. The other issue is that central banks can't control where the money go and as a consequence the unemployment rate has not improved much ion the US and in Europe, but people living in emerging economies have benefited.
When asked about equities, he said that also equities are not a good bargain right now, and we may have the high for the end on the S&P 500 at 1422, there is a big risk in not owning equities because of (you guessed it) money printing. He recommends to own some equities especially in Asia (dividends are good ~ 5 to 7%) possibly via ETFs, some precious metals, and for US residents, some real estate in the South of the US.
He concludes by explaining that eventually there will be a complete reset, a complete collapse because there is simply too much debt with bankrupt banks lending to bankrupt to governments and vice versa, and the Ponzi scheme will come to an end. In the second video, they discuss how the ponzi scheme could end. Marc thinks there could be significant price inflation, government may try to give more handouts to their citizen while increasing taxes on rich people, and eventually they'll go to war to put the blame on some other countries.
Then they switch to discussing about crude oil. Marc Faber first explains that oil prices are volatile and much of it is due to government policy such as manipulating interest rates. When he looks at several aspect of the oil market (demand in the west flat, demand rising in emerging markets, supply constraint and geopolitical tensions in the middle east), he would rather be long on oil.
Marc then talks about the declining standard of living of US citizen which has started some 30 to 40 years ago compared to the rest of the world and it will continue to fall.
Finally, he's asked what he would advice to young people in Western economies. It might not always be a good idea to borrow money to get a degree, but if your parents are rich enough to pay it, then go for it. He would then start to work for somebody successful in any industry and acquire knowledge. Obviously, you should choose something that you like. There are different kind of success, not only monetary, but a happy family, helping others may also be successes.
In the first video, MArc Faber explains that money printing won't help the general population, but it will increase asset prices, so people who own assets will benefit. The other issue is that central banks can't control where the money go and as a consequence the unemployment rate has not improved much ion the US and in Europe, but people living in emerging economies have benefited.
When asked about equities, he said that also equities are not a good bargain right now, and we may have the high for the end on the S&P 500 at 1422, there is a big risk in not owning equities because of (you guessed it) money printing. He recommends to own some equities especially in Asia (dividends are good ~ 5 to 7%) possibly via ETFs, some precious metals, and for US residents, some real estate in the South of the US.
He concludes by explaining that eventually there will be a complete reset, a complete collapse because there is simply too much debt with bankrupt banks lending to bankrupt to governments and vice versa, and the Ponzi scheme will come to an end. In the second video, they discuss how the ponzi scheme could end. Marc thinks there could be significant price inflation, government may try to give more handouts to their citizen while increasing taxes on rich people, and eventually they'll go to war to put the blame on some other countries.
Then they switch to discussing about crude oil. Marc Faber first explains that oil prices are volatile and much of it is due to government policy such as manipulating interest rates. When he looks at several aspect of the oil market (demand in the west flat, demand rising in emerging markets, supply constraint and geopolitical tensions in the middle east), he would rather be long on oil.
Marc then talks about the declining standard of living of US citizen which has started some 30 to 40 years ago compared to the rest of the world and it will continue to fall.
Finally, he's asked what he would advice to young people in Western economies. It might not always be a good idea to borrow money to get a degree, but if your parents are rich enough to pay it, then go for it. He would then start to work for somebody successful in any industry and acquire knowledge. Obviously, you should choose something that you like. There are different kind of success, not only monetary, but a happy family, helping others may also be successes.
Subscribe to:
Posts (Atom)