<center> David Moadel interviews Marc Faber on the economic downturn and his thoughts on the future of cryptocurrencies lots of doom and gloom throughout not to be taking as trading advice see details on Marc Fabers previous false predictions information contained within should be taking with a big helping of salt. </center> <br> <center> # Marc Faber: Interview with Dr. Doom </center> https://www.youtube.com/watch?v=ZTtaQ8uWRLw <center> ### [David Moadel](https://www.youtube.com/channel/UCUoWjpemcumDyh95Z9KPEdA) Via [youtube.com](https://www.youtube.com/watch?v=ZTtaQ8uWRLw) </center> ---- <br> <br> ## Who is Marc Faber? A Swiss investor who publishes the Gloom Boom & Doom Report newsletter and is also the director of Marc Faber Ltd who is famou for calling and miscalling such doom scenarios as : #### Correct: * [The market crash of Black Monday (1987)](https://web.archive.org/web/20130907084401/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aIHHMwv3ehCo&refer=home) * [Rapid gain of oil, precious metals, other commodities, emerging markets, and China's huge growth.](https://www.barrons.com/articles/SB119882119398355393) #### Incorrect * [2008 "I think a recovery will not come in the next couple of years, maybe in five, 10 years' time". S&P rises 48% Jan 2009.](https://www.youtube.com/watch?v=w_UprqluSj0) * [2009 100% confidence that Federal Interest rates near zero would cause Hyperinflation as seen in Zimbabwe, CPI went from 2.7% > 0.7% 2015.](https://www.huffingtonpost.com/steve-h-hanke/zimbabwes-hyperinflation_b_10283382.html) * [2012 "100% Chance" of global recession in 2013, world growth 3.4% 2012,2013,2014, with 3.5% 2015.](https://www.cnbc.com/id/47566735) * 2012 S&P 500 would fall 20-30% within6-9 months of Barrack Obama being elected gains 15% in 6 months gains 30% in 9 months. * [2015 predicts gold prices would will rise by 30% fall by 14%](http://profit.ndtv.com/news/commodities/article-marc-fabers-big-bet-gold-to-rise-30-in-2015-727050) * #### Marc Faber Ltd: https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=1608580 #### Website: https://www.gloomboomdoom.com/ ## Books #### Tomorrow's Gold: Asia's Age of Discovery:https://www.amazon.com/Tomorrows-Gold-Asias-age-discovery/dp/9889894254 #### The Great Money Illusion: https://www.amazon.com/Great-Money-Illusion-Confusion-Confusions/dp/0582999049 ------ <br> ## Who is David Moadel? Longtime trader and Investor provides beginners tips to trading on options,futures,penny stocks and investing in the stock market.Hosts a regular segment on youtube called "looking at the markets". #### Website : https://davidmoadel.blogspot.com/ #### Twitter : https://twitter.com/davidmoadel #### Youtube :https://www.youtube.com/c/davidmoadel #### Stocktwits :https://stocktwits.com/davidmoadel #### Linkedin : https://www.linkedin.com/in/davidmoadel ## Book #### Own Your Future: Wisdom for Wealth and a Better Tomorrow:https://www.goodreads.com/author/show/6909621.David_Moadel -------
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This post received a 93.74% upvote from @randofish1 thanks to @isacoin! For more information, [click here](https://steemit.com/steemit/@randofish/introducing-randofish-will-you-get-the-100-vote)!
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<p>This post has received a 8.69 % upvote from @aksdwi thanks to: @isacoin.</p>
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You got a 1.06% upvote from @upme requested by: @isacoin. <br> Send at least 1.5 SBD to @upme with a post link in the memo field to receive upvote next round. <br> To support our activity, please vote for my master @suggeelson, as a [STEEM Witness](https://steemit.com/~witnesses)
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This post has received a 1.36 % upvote from @boomerang thanks to: @isacoin<br><br>@boomerang distributes 100% of the SBD and up to 80% of the Curation Rewards to STEEM POWER Delegators. If you want to bid for votes or want to delegate SP please read <a href="https://steemit.com/steemit/@boomerang/boomerang-a-new-steemit-bid-bot-for-all-steemians-whitepaper">the @boomerang whitepaper</a>.
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<p>This post has received a 7.19 % upvote from @upmyvote thanks to: @isacoin. Send at least 1 SBD to @upmyvote with a post link in the memo field to promote a post! Sorry, we can't upvote comments.</p> <center>https://i.imgur.com/dNNSypy.png</center>
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