Dr. Doom Gets Some Hearty LaughsMarc Faber takes on the Fed's propagandists and gold bears
Jun. 25, 2013
DEMS LOSE AGAIN: Ossoff Loses Second Round EVEN HARDER Despite Spending $22 Million
Obama-Appointed BLM Activist Blames White People For Illegal Alien Murdering Muslim Girl
Protesters Blow Whistles As Trump Sends 'Thoughts And Prayers' to Rep Steve Scalise
Actor Willie Garson Says Rep Karen Handel Is An 'Unqualified Cracker'
Gohmert: FBI's Refusal to Label Scalise Shooting Terrorism Suggests DOJ Compromised by Obama Holdovers
Dr. Marc Faber, the Swiss fund manager and publisher of the 'Gloom, Boom and Doom Report' always enjoys educating the Wall St. talking heads. In this interview one asked if Bernanke meant what he said about tapering, Faber roared! He said: '"If you say that if he means what he says, then you believe in Father Christmas. He said if the economy does not meet the expectations of the Fed in one year's time, they will consider additional measures. In other words, if the economy has not fully recovered by mid-2014, more QE will be forthcoming. As I said already three years ago, we are going to go with the Fed to QE99."
When asked about the price of gold, Faber stated: 'Well, I think we will be higher by year end but I am not worried where we are. I have said that I buy gold regularly. I just bought today at $1300 and I will buy more at $1200 and I will buy more at $1100.'