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Marc Faber Quotes: It is clear to me that the financial sector, including CNBC, loves central banks
         

It is clear to me that the financial sector, including CNBC, loves central banks


Marc Faber
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Other quotes of Marc Faber


If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom.

If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom.



If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.

If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.



One day the price of gold will be higher than the Dow Jones.

One day the price of gold will be higher than the Dow Jones.



I think there are some groups of stocks that are highly vulnerable because they're in cuckoo land in terms of valuations.

I think there are some groups of stocks that are highly vulnerable because they're in cuckoo land in terms of valuations.



I'd rather buy something that is relatively depressed than something that is relatively high.

I'd rather buy something that is relatively depressed than something that is relatively high.



Something will break very bad.

Something will break very bad.



The monetary policies of the US will destroy the world.

The monetary policies of the US will destroy the world.



When I look at asset prices; real estate, bonds, equities, vintage cars… I think that gold is actually one of the few assets that is relatively cheap, relatively inexpensive.

When I look at asset prices; real estate, bonds, equities, vintage cars… I think that gold is actually one of the few assets that is relatively cheap, relatively inexpensive.



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.

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.



I am surprised with the reelection of Mr. Obama. The S&P is only down, like, 30 points. I would have thought that the market on his reelection should be down at least 50%.

I am surprised with the reelection of Mr. Obama. The S&P is only down, like, 30 points. I would have thought that the market on his reelection should be down at least 50%.





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Self-destruction would be a brief, almost autoerotic free-fall into a great velvet darkness.

Self-destruction would be a brief, almost autoerotic free-fall into a great velvet darkness.



I write to express and I shop to destress

I write to express and I shop to destress




But men are so full of greed today, they'll sell anything for a little piece of money.

But men are so full of greed today, they'll sell anything for a little piece of money.



Each of us brings with him an element, more or less important, of the life of humanity to come.

Each of us brings with him an element, more or less important, of the life of humanity to come.



When I'm not working, I definitely I like waking up at noon.

When I'm not working, I definitely I like waking up at noon.



I started out in the ministry, went to college, started as a pastor, pastored for basically 25 years. That was a good time, I really enjoyed it.

I started out in the ministry, went to college, started as a pastor, pastored for basically 25 years. That was a good time, I really enjoyed it.



If you take care of your immediate surroundings, the universe will take care of itself.

If you take care of your immediate surroundings, the universe will take care of itself.



Truth and tears clear the way to a deep and lasting friendship. True friendship is never serene.

Truth and tears clear the way to a deep and lasting friendship. True friendship is never serene.



And there is a difference between the essence of a Sacrament and its use.

And there is a difference between the essence of a Sacrament and its use.




Quote Description


This page presents the quote "It is clear to me that the financial sector, including CNBC, loves central banks". Author of this quote is Marc Faber. This quote is about clear, financial, including, central banks,.