Thursday, 22 December 2011

"Dr. Doom" Marc Faber:

"I am ultra bearish"

Wednesday, December 21, 2011

From Zero Hedge:
Anyone seeking joyous holiday greetings and cheerful forecasts for the new year is advised to avoid the following most recent Mark Faber interview, in which, in addition to his predictions for 2012 (led with "more printing" by the dodecatupling down central planners, and far less prosperity), we get the following:
"I am convinced the whole derivatives market will cease to exit. Will become zero. And when it happens, I don't know: you can postpone the problems with monetary measures for a long time but you can't solve them...
More from Marc Faber: