I'd rather buy something that is relatively depressed than something that is relatively high. Marc Faber More Quotes by Marc Faber More Quotes From Marc Faber It is clear to me that the financial sector, including CNBC, loves central banks Marc Faber central-banksclearfinancial You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset prices that have gone up dramatically. Marc Faber assetsfinancialgone The reason I am so negative about the Federal Reserve's policies is that they only target core inflation and argue that they can't identify bubbles, but when each bubble bursts, they flood the system with liquidity that brings about unintended consequences. Marc Faber i-ambubblereasonnegative I would rather buy Indian equities than the S&P 500. Marc Faber buythanratherindian The fallacy of monetary policy in the U.S. is to believe this money will go to the man on the street. It won't. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols... Very happy. Very good for the Fed. Congratulations, Mr. Bernanke. Marc Faber goodmanmoneypeople I believe that the market is slowly waking up to the fact that the Federal Reserve is a clueless organization. They have no idea what they're doing. And so the confidence level of investors is diminishing, in my view. Marc Faber viewconfidenceorganizationbelieve I don't think Canada is very inexpensive anymore. I travel there all the time; it's rather on the expensive side. I think there's significant risk to the Canadian economy. Marc Faber thinkcanadatimetravel This is the choice in life. You choose what is less bad. I don't particularly like Mr. Obama, but I think he is less bad for the world than Mr. Romney. It is a tragedy of life that both candidates did not lose the election. They would have deserved both to lose. Marc Faber youelectionlifeworld When it comes to charities, there's a lot of fraud. Marc Faber charitieslotfraud Every central banker in the world pays attention to credit growth, but not in the U.S. Marc Faber creditgrowthattentionworld Nobody at CNBC owns gold. Nobody at Bloomberg owns gold. Gold is being constantly talked down by the media, and Fed officials, and economists, who also don't own any gold. They're all stocked up in equities. Marc Faber nobodydownmediagold When people talk about people who are optimistic about gold, they call them 'gold bugs.' A bug is an insect. I don't call equity bugs 'cockroaches.' Do you understand? There is already a negative connotation with the expression of 'gold bug.' Marc Faber yougoldpeoplenegative The Federal Reserve - all of them - could be sitting on a barrel of dynamite, and then pouring gasoline on top of it, and then light a cigar with matches, throw the match into the gasoline, and then not notice that there is any danger. Marc Faber toplightsittingdanger In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality... Asset markets are in the sky, and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up. Marc Faber downskyrealitypeople If you really believe that every three years the market will double, then go and buy shares. I don't believe that. Marc Faber willgoyoubelieve Market forces will one day crush the Federal Reserve. One day, the market forces will reverse. Marc Faber willdaycrushone-day
