Marc Faber, editor of the Gloom, Boom and Doom Report, sits down with Ben McLannahan, Asia Lex Writer of the Financial Times, to discuss a variety of pertinent economic and investment topics. In short, he suggests investors should make 2010 the year of “capital preservation”.
Part 1: Warns of partial US debt default
Faber says irrational monetary policy means there are asset-class bubbles forming somewhere, only we don’t know exactly where yet.
Click here or on the image below the view Part 1 of the interview.
Part 2: Forecasts negative US real interest rates
Faber says stocks won’t reach new highs this year.
Click here to view Part 2 of the interview.
Part 3: On gold and China’s economic slowdown
Faber predicts Asian stocks will underperform this year because of China’s inevitable economic slowdown and suggests accumulating gold and shifting more money to India and Japan.
Click here to view Part 3 of the interview.
Part 4: On the year of “capital preservation”
Faber says global investors should make 2010 the year of “capital preservation”.
Click here to view Part 4 of the interview.
Source: Ben McLannahan, Financial Times (here, here, here and here), February 23, 2010.
