i am sticking with Marc Faber.
I have kicked myself many times for saying well i will wait and see if he is right only to wait and see and see he was right, right, right, o so right!
i have investigated his calls over the past 35 years and found his longterm trend calls to have been astoundingly correct.
People, idiots really, have attacked Faber for his saying to get the hell on the market in early 1999--especially tech stocks.
The morons that mock him over this don't realize in 1991 he said load the boat on tech stocks and recommended especially a couple companies called Intel and Microsoft.
I bet 70% of the people sniping at Faber didn't even know who MSFT and INTC were when Faber said buy buy buy.
i have counted 6 awesome longterm calls Faber has made in the past 35 years.
He stands behind is call of POG 3000 in the years ahead--2012 being his rough topping point.
Cripes he was calling load up on the emerging markets before next to anyone, and then called get the hell out the fall of last year.
He called LOAD the BOAT on GOLD when GOLD was at 300 dollars.
And on top of that he is feircely opposed to U.S. foreign policy--is extremely erudite with knowledge in many areas out side the marketplace.
Considers Greenspan not to be incompetent, but instead a CRIMINAL.
And Bernanke to be basically demented, but the U.S.investment community by and large too dim witted to comprehend this, and they are giving Bernanke'job well done' ratings.
Rather than give my two-bits, i will just say i have dissected this Dr.Marc Faber's career and it is AWESOME, and in spite of that he is deeply humble.
Faber in 2002! stated what was then happening in Argentina would happen in the U.S. within 10years due to our monetary policy.
The thing that blows my mind is how many many people are actually walking around thinking inflation is not here already.
Why? Because the government tells them that and gives them blatantly contrived BS inflation data.
i mean they have quit thinking so utterly, that even the inflation they are experiencing isn't a worry because the damned government says "inflation" is moderate.
How many americans have now become like the turkeys that have no idea why they are been fed so much by kindly keepers, and this neat deal will never end???
Marc Faber,a financial wizard, places the present annualized inflation in the U.S. as now between, 10 to 15%
In the near 6 years since he stated his scenario is right on course.
To all who see where this is heading but bear the scorn of "it ain't happened, Bozo"
i can only say the multitude of "gobble gobble" door knob smart turkeys that keep biting the bait and dragging this out, like all turkeys they too are ticketed for a Day of Reckoning.
But then we gloomsters will be the villian, in the herd's mind, all this happened because we "fucked up" paradise by NOT thinking positive:)
i have heard stories of those that shorted the market in 1929 had to keep it a secret or be branded as "Satanic".
There ain't no justice:)Max |
