“I think there are some groups of stocks that are highly vulnerable because they're in cuckoo land in terms of valuations.” Quote by Marc Faber
“One day the price of gold will be higher than the Dow Jones.” HigherOne DayGoldDow Jones Author:Marc Faber
“Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015, and possibly lasting well into 2015 or even 2016. The worst economic trends due to demographics will hit between 2014 and 2019. The U.S. economy is likely to suffer a minor or major crash by early 2015 and another between late 2017 and late 2019 or early 2020 at the latest.” WellsLongSufferingTermEconomyEconomicWorstLateMajorsDuesLong TermCyclesLastingTrendsMinorsCrashDemographics Author:Marc Faber
“The only change I can really see is that I don't have to shop for pants in stores anymore.” I CanStoresShopsPants Author:Larry David
“You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset prices that have gone up dramatically.” GoneFinancialMassiveAssetsBubblesEquity Author:Marc Faber
“The monetary policies of the US will destroy the world.” WorldPolicyMonetaryMonetary Policy Author:Marc Faber
“Buy a $100 US bond and frame it to teach your children about inflation by watching the US bond value diminish to almost nothing over the next 20 years.” YearsChildrenValuesNextTeachOur ChildrenYour ChildrenDiminishInflation Author:Marc Faber
“I think investing in a good education has been key for me, although the investment was more in time than money.” ThinkingHas BeensKeysInvestmentInvestingGood Education Author:Nouriel Roubini
“I think globalization actually maintains and fosters various elements of national and cultural identities. I don't think everything is being homogenized. If anything, your food, your culture, and your ethnicity might become part of the globalized world, and thus absorbed by other countries.” IfsThinkingWorldCountryMightCultureIdentityElementsVariousOther CountriesGlobalizationEthnicityCultural Identity Author:Nouriel Roubini
“We're essentially continuing a system where profits are privatized and...losses socialized.” LossProfitContinuing Author:Nouriel Roubini
“Gold has no increasing value. And if you're really worried about, say, inflation rising, I would buy Spam. You know, you can eat Spam. You cannot eat gold.” IfsKnowsValuesGoldWorriedRisingInflationSpam Author:Nouriel Roubini