Icahn, Faber, Druckenmiller Warn….No One Pays Attention

What do Carl Icahn, Marc Faber and Stanley Druckenmiller have in common? The were all dead on in terms of predicting 2000 and 2007 disasters. And even though they are warning again, unfortunately, no one is paying attention.

Carl Icahn warns of a Fed ‘minefield’ ahead

“There are going to be real problems. We’re walking into a minefield of what’s going on with the Fed,” Icahn said. “I could go on and on here, but I think we have problems.”

Druckenmiller: Here’s how Fed ‘bubble’ will end

“All you do when you’re doing this is you’re pulling demand forward to today,” Druckenmiller said Tuesday at the annual DealBook conference. “This is not some permanent boost you get. You’re borrowing from the future. I think there’s been such a misallocation of resources that this has gone on so long and unnecessarily (and) the chickens will come home to roost.”

Dr. Doom calls bubble, adding to gloomy calls

“The Fed has basically created with their colleagues in Japan and at the European Central Bank (ECB) and the Bank of England (BOE), they’ve created a colossal asset bubble. And the returns going forward will be disappointing.”

The question you have to ask yourself as an investor is……Have these successful money managers lost their minds -OR- maybe, just maybe, they are once again seeing things that other investors do not. Things that will lead to an outright bloodbath in stocks in not so distant future. Read all of the above links and decide for yourself.

Icahn, Faber, Druckenmiller Warn….No One Pays Attention Google

October 27, 2015October 27, 2015

Is China About To Collapse – Drag Us All Down

Just how big is China’s bubble? What is going on there? Take it from a Bear who lives there. And YES, should China implode, it will drag us all down. Credit bubble of Epic proportions just about summarizes the whole thing. We have talked about this before Just How Big Is China’s Bubble? This Will Blow Your Mind

August 20, 2015

Marc Faber Explains Why The Stock Market Is Going Down

Why are stocks going down? Marc Faber explains. Overvaluation, devaluation, slowing economies, deflation, etc….. No recovery in sight. I tend to agree.

Marc Faber Explains Why The Stock Market Is Going Down Google

August 18, 2015August 18, 2015

Is Gold About To Fly?

Marc Faber thinks so. And while his view has been severly challenged, he believes that is about to change. At the very least, Marc believes you should be diversified into gold at today’s “give away” prices.

Finally, given today’s global currencies devaluation, it is just a matter of time before the dollar declines. A large commercial short interest against the dollar (COT Reports) is confirming this view. Take a look at the video below. It is worth 2 minutes of your time.

Is Gold About To Fly? Google

August 14, 2015August 14, 2015

Is Yuan Devaluation Meaningless?

Marc Faber believes that Yuan’s devaluation is meaningless. Yes and no. It doesn’t matter in terms of what it will actually accomplish, but it does matter on two fronts. First, it is an indicator that the Chinese and global economy is not growing. Second, it gives everyone, including the FED, an excuse to continue on with further devaluation and easing. And that will play out in our markets over the next few years.

This video is definitely worth 5 minutes of your time.Quite a good overview of the US Market as well.

Is Yuan Devaluation Meaningless? Google

February 2, 2015February 2, 2015

Faber: Buy Gold And Short Biotech, Social Media

A very good interview with Marc Faber. Definitely worth 5 minutes of your time. Why? Well, Marc believes the FED is starting to lose control, the US economy is rolling over and the stock market is massively overpriced. Particularly sectors such as Biotech and Social Media. He suggests shorting them through ETF’s. And the good news? Gold is about to surge as it becomes the ultimate hedge against today’s currency wars. I mostly agree.

Faber: Buy Gold And Short Biotech, Social Media Google

January 22, 2015

Trade Of The Century?

Marc Faber is well known for his overall stock market and economic bearish outlook, a view I mostly agree with. His trade of the century? Gold and gold miners. And while I believe gold will go higher over the next few years, my mathematical work does not show 10X or 5X or even 3X appreciation that most gold bugs expect.

With that in mind, gold is not the primary reason for this post. Watch the video below and pay particular attention to how the financial news anchor interviewing Marc is literally laughing at what Mr. Faber has to say. Her attitude is not her own. It simply represents a prevalent view that 95% of investors out there share. In other words, most markets participants are incredibly bullish as they continue to expect this overpriced market to go higher. What can possibly go wrong?

Trade Of The Century? Google