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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (247584)5/10/2010 5:48:09 PM
From: LTK007Respond to of 306849
 
There is now a good interview on "Taking Stocks" show on BTV, will appear on Bloomberg site soon after i suspect.
My only coment here is catch both the serious and impish individual here, and one that just twinkles---he is, bottomline a man AT EASE with himself.
i love his response to question" "Do you believe market is manipulated?" Typical Faber on TV "o i wouldn't say manipulated BUT......" And in his BUT you realize he is saying the market is manipulated:) (BTW, here iFaber pressed to call KenFisher a friend, i he does not like Fisher---Fisher is the NEXT interview--Fisher,aqlways the salivating BULL:)
He stresses again, he in no way underestimates Governments power to keep inflating the market, but still favors a 20-30% correction in U.S.Market from APRIL highs as the benchmark--but then they likely INFLATE market again
His timeline to true castastrophe is now 5 to 10 years.
He re-iterates "Governments ONLY cares about the Powerful, and cares NOTHING for the people"
It is an extensive interview, and Faber's mind moves in a fast convoluted/circuitous manner--he is no one to talk in Black/White terms.
He is a good more diplomatic on air, than in print.
As i am watching this interview live, i leave to someone else getting the link for replay.
One need listen carefuly with Faber, because he is talking on an extremely complicated subject---and talks that way. Max

He says the electronic machines trading(70% of ALL volume) for the trader is FUN!, but that retail investors will be scared off)Max