Marc Faber: The Fed's Big Problem Revealed! Is Silver & Gold About to Skyrocket?

Wall Street Silver, Released on 5/12/23

In this video, we sit down with Dr. Marc Faber, editor and publisher of Gloom, Boom and Doom Report, about the current financial stress in the system and the possibility of the Fed continuing to raise rates amidst mounting debt. Dr. Faber explains the difficulty of the situation due to interest rates being kept artificially low and inflation being high. He suggests that the Fed will move slowly and, if problems occur, will flood the system again with liquidity. Furthermore, we go over the CBDC, or central-backed digital currency, and its potential impact on society.

Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor and fund manager. Dr. Faber publishes a widely read monthly investment newsletter, "The Gloom Boom & Doom Report," which highlights unusual investment opportunities, and is the author of several books including Tomorrow's Gold: Asia's age of discovery which was a best seller on Amazon. Dr. Faber is known for his "contrarian" investment approach and charismatic personality. He became infamous after calling the 1987 crash in US equities.

Fed, gold, investing, silver

Marc Faber: The Fed's Big Problem Revealed! Is Silver & Gold About to Skyrocket? added by Herman James on 05/13/2023View all posts by Herman James ?+'