Dr. Doom Gets Some Hearty LaughsMarc Faber takes on the Fed's propagandists and gold bears
Jun. 25, 2013
Sweden: Police Suspect Grenade Used in Recent Attack
Previously Deported Illegal Goes On Murderous Rampage Days After CT Gov Refused To Work With ICE
CNN's Cuomo Criticizes 'Intolerant Dad' For Not Wanting Daughter To See A Penis In Locker Room
Report: Kushner, Ivanka Stripped Anti-Climate Change Executive Order, Plot To Push Global Warming
Sweden's Migrant Crime Wave Becomes Top National Story As Media's Lies Backfire
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.'