The US and the EU are Already in a 'Silent Depression': Marc Faber

Рет қаралды 50,933

Күн бұрын

Marc Faber believes that the question of recession or depression has already been answered, and if you ignored faulty government statistics and paid attention to reality, it's obvious that the U.S. and EU have already fallen into depression. Marc discusses why he thinks gold miners, oil stocks, and Hong Kong real estate all present compelling opportunities at present, along with providing his thoughts on the global economy, emerging markets, and much more.
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Gloom, Boom and Doom Report: gloomboomdoom.com
00:00 Introduction
01:21 Opportunity in Gold Miners
05:29 Oil Stocks
09:15 Hong Kong Real Estate
13:10 Emerging Markets
14:44 The Cantillon Effect
20:24 US and Europe in Silent Depression
24:24 Growing Global Conflict
26:54 Escalation in the Middle East
29:44 Importance of Geographic Diversification
34:01 Outlook on Japan
35:51 Now is the Time for Commodities
#gold #goldstocks #preciousmetals

Пікірлер: 167

@CommodityCulture 2 ай бұрын

Visit our sponsor, ARK Silver Gold Osmium: arksgo.com Contact them at (307) 264-9441 Ian@ArkSGO.com

@cubalkan 2 ай бұрын

MarcFaber is not a plain publisher ...he is a legend

@rgg8044 2 ай бұрын

Love Dr Faber.... He always tells the truth no mater who is listening.

@CommodityCulture 2 ай бұрын

Definitely.

@marcthearcspark 2 ай бұрын

Dr Faber always a pleasure =)

@CommodityCulture 2 ай бұрын

Agreed!

@alterschwede12 2 ай бұрын

So true👍🏼

@pmtime407 2 ай бұрын

Physical Gold held under your mattress or in your garden LMFAO You gotta love Marc Faber!!!

@French_Connection 2 ай бұрын

He knows life.

@pmtime407 2 ай бұрын

@@French_Connection Yes sir!!!

@buy.to.let.britain 2 ай бұрын

or you can have paper notes that the bank legally own once you 'invest' into your savings account.

@TheWealthandhealth 2 ай бұрын

Marc Fabre is just the best

@ziegle9876 2 ай бұрын

Yes he is.

@sturost3769 2 ай бұрын

Marc Faber=no bullshit. Always a great and knowledgeable voice to hear from, I look forward to all his interviews. Good job 👍🏻❤️

@CatPDX 2 ай бұрын

Huge fan of marc Faber-thanks for having him on here 💖

@helperofos5516 2 ай бұрын

Close to 8-10% imho down here in FL. Power/insurance/food costs are just killing us.

@ziegle9876 2 ай бұрын

The first thing to do is to self-insure….

@MR..181 2 ай бұрын

HoA forced devaluation for insider looters..?

@thomasschwarzenberger8943 2 ай бұрын

You can avoid insurance and safe well on food and energy. Think about habits from how you cook to room Temperature. I am not talking about frugalism, but awareness. Some potentials even turn out to be quite healthy.

@sokratzmmf 2 ай бұрын

@@ziegle9876how many people have enough cash to self insure 😂.

@alanmrsic893 2 ай бұрын

Great stuff, thanks again!

@CommodityCulture 2 ай бұрын

Glad you enjoyed it!

@darinthesecularspiritualist 2 ай бұрын

Big love and respect

@zomgoose 2 ай бұрын

Always eager to hear Faber's updates!

@alexkuhnert6856 2 ай бұрын

Great interview by the interviewer and by Dr. Faber. Thank you and much appreciated to you both. I would have liked to learn more about his 'Silent Depression' comment as I believe it to be an important observation not sufficiently explored.... Keep up the good work!

@CommodityCulture 2 ай бұрын

Thank you for watching and I'll certainly have Marc on again to follow-up on this interview!

@nickstephenson3495 2 ай бұрын

I love Marc. His outlook is on point. Caution Roy Rogers

@yeschuamaranatha2773 2 ай бұрын

Whow Dr. Doom :-D I love him. He is very famous in my Country Switzerland.

@CommodityCulture 2 ай бұрын

He is a legend for sure.

@alterschwede12 2 ай бұрын

I really love these Videos with marc. Thumps up👍🏼. Greetings from Germany.

@CommodityCulture 2 ай бұрын

Awesome, thank you!

@rosaoddin4338 2 ай бұрын

It would be nice if commodity related stock specific names were mentioned.

@tatagata6268 2 ай бұрын

👍👍Marc Faber 🙌🙌

@ActiveTravelWestUSA 2 ай бұрын

As always he is spot on! Prepare folks not going to be easy next few years

@postscript123 2 ай бұрын

I could have listened to Marc longer. He just started talking about really import stuff.

@CommodityCulture 2 ай бұрын

I will definitely have him on again.

@paulmorris9958 2 ай бұрын

This guy is awesome great advice and the interviewer was also great.let dr Fabre speak and get his point across

@alexkalish8288 2 ай бұрын

They have discovered a huge amount of flour gold in Nevada. They are pulling out much more gold now than during the 1850 gold rush. That's why they shares have under performed.

@Peter-MH 2 ай бұрын

THE best financial pundit, bar none 👍

@user-ko6vz6mx1m 2 ай бұрын

Jesse, I am VERY interested in having a residence in Japan! I'd appreciate any information you and others can provide.

@CommodityCulture 2 ай бұрын

They started a new digital nomad program but it's only 6 months. Beyond that, I don't know much except the government seems to be very strict on having foreigners stay there long-term.

@longgowhereto 2 ай бұрын

@@CommodityCultureThanks for that info. Jesse. I stayed in Hu for a while, call it a sabbatical "can I live of my land?" time. Learning by doing. I shared my overwhelming(!!) harvests with others. Hunger must be a man made problem, when an idiot like me can feed five more. If I go back to Europe for self farming, Serbia was my choice. Hu is nice but the language is tricky.

@jimbo7577 2 ай бұрын

6 months is long enough for the average person to realize that living in Japan longer term would make them clinically depressed and desperately looking for another place to live.

@tapptom 2 ай бұрын

Who would want to live in California or NYC???

@CommodityCulture 2 ай бұрын

This is a very good question.

@queserasera1674 2 ай бұрын

@@CommodityCultureSince several million live in both places, I'd say quite a few.

@lancemairs4956 2 ай бұрын

The cantillion affect can best be understood by looking at Washington DC

@dessmith7658 2 ай бұрын

Sounds like an interview with Conrad Veldt

@DavidVeitch54 2 ай бұрын

It was a very stormy night at sea and all of my precious metals were lost to Davey Jones Locker 🤣🤣

@MarcelaR-dh1ok 2 ай бұрын

I take exception with the laughing about lights out in ny...look at the video of ny from the 50s and before...beautiful culture...

@cappstreet1601 2 ай бұрын

Over 10 trillion $ has been spent on green energy== what if 1 trillion had been spent to plant trees

@rgg8044 2 ай бұрын

so good I listed to it twice!

@CommodityCulture 2 ай бұрын

Thank you, glad you enjoyed it!

@paulclare6589 2 ай бұрын

my Thai gold has doubled in 10 years, started at 18.500 now is 37+ ooo.

@paganwarrior9245 2 ай бұрын

Black rock silver is worth a investment have a look

@dennispoolspaservicetdcigl746 2 ай бұрын

I appreciate Mr. Farber. Personally have tried the markets & learned the hard way it is not for me. Manulife screwed my retirement. 2011 proved Mr. Farbers strategies work, silver peaked, I cashed in big. Now I've had 13 more years to accumulate. I still don't trust the stock market ir the banks

@sluggo1515 2 ай бұрын

Coal fired hybrids are the best. LMAO

@simonrowe3124 2 ай бұрын

Is that a bust of Chairman Mao on Marc Faber’s shelf there in the background?

@vincentyeo88 2 ай бұрын

Good observation!

@chefhomeslice2663 2 ай бұрын

Yes it is, read my post.

@scottnovitsky9253 2 ай бұрын

Silent depression first coined by Emil Kalinowski on the Euro dollar university channel

@nirvana10111 2 ай бұрын

Lol... From SA. Properties are going up in some areas and not others like many other places... As one would expect 😂

@user-nb4ex5zk3w 2 ай бұрын

Gail Tverberg states that oil prices cannot go higher than what people can afford. Extraction costs will be too high to make a profit so it will stay in the ground....the economy will simply collapse.

@EliasTsakmakis 2 ай бұрын

is that Egyptian bust behind him authentic? How much would it cost, is it even legal to own one?

@vincentyeo88 2 ай бұрын

no worries, no problem. Thailand is a free country.

@EliasTsakmakis 2 ай бұрын

@@vincentyeo88 Didn't know you can own stolen antiquities in Thailand, thanks..

@daintree98 Ай бұрын

@@EliasTsakmakis At one point or another everything has been stolen.

@EliasTsakmakis Ай бұрын

@@daintree98 Stolen, nah, it was "liberated" probably by some northern European who can appreciate it more than the native country's population. Much like how the Americans "liberated" the National Museum of Iraq, saving Iraqi cultural heritage from ungrateful Iraqis.

@MarcelaR-dh1ok 2 ай бұрын

I only tune in to watch his cigarette with an impossibly long ash hanging from it...

@ziegle9876 2 ай бұрын

There are still major oil fields to be found, in Deepwater and in the arctic. Guyana is the best example. 2 decades nothing was found, only Exxon stayed and continued to explore….

@douginn3090 2 ай бұрын

Didn't Alaska belong to russia ,so under that thinking marc faber would give alaska back to russia ,the great plains to the native americans and new mexico back to mexico Please reply marc as i am interested in your theory

@tonytan6547 2 ай бұрын

Mr. Marc Faber is a truely upright gentleman with great wisdom

@CommodityCulture 2 ай бұрын

I cannot argue with that.

@MR..181 2 ай бұрын

Pardon Marc you have picked up an accent that is difficult to get clarity with its speed..?

@toddryden8401 2 ай бұрын

two statues of Mao?

@MR..181 2 ай бұрын

Insurance plus 300% 2 years

@thehungergames8918 2 ай бұрын

Silver 🥈 is the sleeping giant 👻

@MR..181 2 ай бұрын

Insurance plus 300% 2 years yield debtors house theft compounding..

@sergeshoemaker5218 2 ай бұрын

Wondering Why Faber would collect Mao’s and Ho chi Min statuettes in his library ?

@giddysmiles2901 2 ай бұрын

All about the crypto/Bitcoin mania! Bitcoin make-believe mining takes enormous energy.

@sokratzmmf 2 ай бұрын

Powell giving commodities a reason to skyrocket.

@longgowhereto 2 ай бұрын

To all of you. Every first day of every month Marc writes a free commentary on his HP gloomboomdoom - I strongly recommend the read. It is wisdom with investment ideas and geopolitics - I love it!

@CommodityCulture 2 ай бұрын

Absolutely, great information in those monthly reports.

@scottyblog 2 ай бұрын

The advertisements are awful. Am I watching a show of advertisements or an interview????

@12braptured76 16 күн бұрын

Japan was the first county 1st country to reset its monetary system with new financial economy technology- 1987 - then World Trade Center reset 9-11 for the world Japan was shoring up america capital

@user-hw9th1yb6u 2 ай бұрын

Gamal Abdel Nasser said: The Israelites left here "BLACK" and came back "WHITE" there will never be peace in The Middle East. Was he lying? No, but the cowards of the world are afraid to address this. So, the world shall continue to suffer until this is addressed correctly.

@trotro80 2 ай бұрын

why is it always obvious what gold bugs say? lame...

@benetaue 2 ай бұрын

Miners in Bricks Countries will be nationalized. BET ON IT

@michaelacton6246 2 ай бұрын

If you have a house in los Angeles enjoy that shhh hole youve turned it into. Lol

@gregchijoff9959 2 ай бұрын

Excellent news. The sanctions on Russia are doing soooo well! Russian Reserve Bank meanwhile keeps loading up on gold. 😮😅😂

@socalsilver6397 2 ай бұрын

Faber doesn’t sugarcoat his thoughts. He’s one of my favorite economists. HDGAF!

@CommodityCulture 2 ай бұрын

Absolutely agree, and an awesome human being as well.

@hanselito2416 2 ай бұрын

Joe biden and rich friends said were not allowed to talk about it. You must not answer to them

@barakcohen3612 2 ай бұрын

I was looking for febrr when i was in cm north Thailand could be cool to meet.. So far nothing big of what he is saying for the last 15 years really happening

@MarcoEmeryLinden 2 ай бұрын

A quote from Marc Faber: "Thank God white people populated America, and not the black." He added: ""Otherwise, the U.S. would look like Zimbabwe, which it might look like one day anyway, but at least America enjoyed 200 years in the economic and political sun under a white majority." Referring to the Confederates during the Civil War, Faber called them: "honorable people whose only crime was to defend what all societies had done for more than 5,000 years: keep a part of the population enslaved." He finally proudly added: "I am a racist."

@nicolasbevilacqua6690 2 ай бұрын

Links?

@superstar5123 2 ай бұрын

What does his racial views have anything to do with his economic views? If his racial views you say are even real

@superstar5123 2 ай бұрын

Why should I care if he is racist? He has the freedom to think for himself.

@CommodityCulture 2 ай бұрын

I have a feeling these are not exact quotes lol, please provide a link if you're going to make these claims.

@MarcoEmeryLinden 2 ай бұрын

@@CommodityCulture they are exact quotes. Check his wikipedia page for links to the references.

@peterwakemanfreespeech 2 ай бұрын

Climate change ?

@christopherbic7688 2 ай бұрын

Latin America? Perhaps. I would stay away from Panama. Disputes over the cannal itself could start war there.

@MarcelaR-dh1ok 2 ай бұрын

So MF moved to Thailand for the security...gotcha

@re8746 2 ай бұрын

America voted for this.

@jamesruscheinski8602 2 ай бұрын

can separate from political government not represent God with substantive human rights choice for divine central authority unity as international law

@rickhayes-oh2zm 2 ай бұрын

we have multi culturalism n n. america. Japan has japanese.

@jackgoldman1 2 ай бұрын

Gold has outperformed Dow stock index from 1971 to date. Gold has outperformed Dow from 2,000 to date, Dow up 400% and gold up 800%. Best kept secret no one on Wall Street dares to mention. Gold and Dow break even from 1929 to date, 18 ounces in 1929 and still 18 ounces today.

@splash8617-ls6kq 2 ай бұрын

What does that mean?

@jackgoldman1 2 ай бұрын

We have a real world with honest. money, gold. We have a fake world with two dimensional fantasy, IOUs. Take your pick where you want to live, fake 2D or real 3D as in family and children. @@splash8617-ls6kq

@jackgoldman1 2 ай бұрын

It means gold, get you some. @@splash8617-ls6kq

@jackgoldman1 2 ай бұрын

It means hold some gold, 10% physical, like most intelligent people recommend, even Jack Bogle. Gold is insurance. @@splash8617-ls6kq

@jackgoldman1 2 ай бұрын

By the way, the whole IOU scam is a hoax. Using fake IOUs as money is foolish and ends badly. @@splash8617-ls6kq

@tedrichardson1205 2 ай бұрын

My man is relaxed, is he in his bed?

@superstar5123 2 ай бұрын

No, sitting on a fat pile of cash he earned

@vincentyeo88 2 ай бұрын

Exactly! @@superstar5123

@user-rs1ui4sv2w 2 ай бұрын

Coal powered electric grid 😂😂😂 Gimme some of that . Common sense for the common senseless

@jerronng6036 2 ай бұрын

Gold is King. Bitcoin is Con !!!! Us$ is dying.

@choosiewhoo1700 2 ай бұрын

Buy gold and gold stocks. 😅😅😅

@user-dt3mc4td3d 2 ай бұрын

I never buy paper anything,only physical.

@dessmith7658 2 ай бұрын

I use paper to buy anything physical 😂

@foumar5217 2 ай бұрын

This interviewer jumps from one subject to another without being in dialogue with MF. Not pleasant to listen to.

@tatagata6268 2 ай бұрын

If Karma exists, where will be the next big war?

@ronfesta771 2 ай бұрын

Me thinketh Karma doesn't exist instead what exists is., Man's and Women God Given Freedom of Choice and their want/need to take........Revenge!@!?😝😜🤪🙂

@dessmith7658 2 ай бұрын

BRICS is Karma for the western powers

@martinleepgg 2 ай бұрын

Usa

@Puzian 2 ай бұрын

Is Mr. Farber holding a crack pipe and a lighter?

@Brain_Drainman 2 ай бұрын

Same BS 🤡

@maxangeles6279 2 ай бұрын

this guy is FOS when it comes to politics! Russia wants to take over EU.

@Jeff-sm8of 2 ай бұрын

He is ignorant about evs. Do you want 100 of millions petrol vehicles with 30% efficiency and questionable maintenance willy nilly polluting everywhere or a few1000s power stations very efficient at 90% and tightly managed? Take your pick.

@danholmstrom9883 2 ай бұрын

Powerstations powered by coal? No winds blowing 3 months/ year You have to drive 400000 km to be breakeven with an ev if you look on the batterymetals Then you have to change battery after 8-10 year The west is screwed by the adults Gretas all dumbed down by parrot tv

@nikitarane2310 2 ай бұрын

Sad that a legend like marc faber is being interviewed by an absolute rookie cookie-cutter clown.

@CommodityCulture 2 ай бұрын

I don't care what you think of me, but to throw away an entire interview with Marc when the 'clown' is speaking for like 5% of it seems to be throwing the baby out with the bathwater to me. But hey, there's plenty of other channels for you to watch out there.

@rosaoddin4338 2 ай бұрын

@@CommodityCulturegood answer!