Peter Schiff: Buying Treasuries is Like Buying Facebook

Peter Schiff is interviewed on Fox Business News on the 4th of June 2012.

He explains that the next recession (which is coming soon) will be worse than 2008. and the Federal Reserve will have to come up with QE 3 and eventually QE 4.
Interest rates are now too low, and they should be decide by the market instead of the FOMC.
He also compares current US Treasuries massive buys to the frenzy during Facebook IPO, and eventually bond investors will suffer, just as Facebook IPO investors have.

Marc Faber: The Best Would Be to Disolve Europe

Fox Business interview with Marc Faber on the 8th of December 2011.

He discusses about the Europe crisis, and possible solutions.
He thinks there could be dual currency. i.e for greece the Drachma and the Euro, like it is done in South America, where you can use both the local currency and the dollar.

Marc Faber Warns of Major Financial Catastrophe

Marc Faber is interviewed live from Hong Kong by Fox Business on the 21st of September 2011.

Marc Faber says he can't predict when the crash will happen but the stock market is going down because it's discounting a very bad event. However he does not know what the event is yet.

Amazingly he also praised Bernanke. But that was because he did not expand the balance sheet.

Faber says government intervention has gone so far that reducing intervention and lowering the deficit will cause temporary pain. He predicts President Obama will do anything to get the votes including providing handouts.