Dr. Doom Marc Faber Has A Warning For The World

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Nov 14, 2014

Stocks are still making record highs in the United States. Does that make Dr. Doom Marc Faber more bullish? Of course not; Faber is one of those investors interested in value which means as prices rise, his interest in stocks drop.

But there is more to it than just price that makes Faber bearish.

At the root of Faber's concern is the worldwide global money printing phenomenon.

Making the interview below particularly interesting is the interviewers challenge that Faber predicted in August 2012 that the markets would head lower within 6 to 9 months so why should we believe him now?

Listen to him explain how he was right despite the fact that he was dead wrong: