Marc Faber from the Gloom, Boom and Doom Report, is an international investor known for his uncanny predictions of the stock market and futures markets around the world, and his latest predictions are terrifying to those watching the economic collapse happening in America.
His latest interview will be shown in the video below, where he assures the public that a "significant" correction for the market is long overdue, but there are a couple of other articles that preface this interview, which allows readers to understand the events that have been unfolding.
For example, published on May 2, 2014, at ZeroHedge, Faber predicts that a market crash is coming in the second half and says ""we have already had a big break in parts of the market... but we haven't had the big break in the overall market," adding that "it's too late to buy the US stock market."
Also reported on MarcFaberNews, we see he is still warning people to get their gold out of the US now.
Faber joins other names, such as Gerald Celente and many others that are all warning of what is to come. No one can give an exact date because there are a variety of methods the US can use to stave off the dollar collapse, the market collapse and therefore an entire economic collapse of epic proportions, but eventually these stalling tactics will hit the wall and then America spirals into a freefall.
These warnings should be taken seriously, protect your assets, before they are all gone.
“I prefer if investors hold physical gold in a safe deposit box, ideally outside the US, in various locations… Switzerland, Singapore, Hong Kong, Australia, Canada… I think it’s important in today’s very uncertain world to diversify, not only the various asset classes… but also the custody of your assets should be in different jurisdictions.” “I don’t trust anyone.”
Note from video interview and uploader WallStForMainSt -
We apologize in advance for the sound quality and choppiness! We were calling Marc and he was in Asia and there was a lot of choppiness. Also, Jason's Skype went out 5 minutes into the interview.