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Be prepared for the next great transfer of wealth and the collapse of fiat currencies around the world. Buy physical silver and storable food.
World renown author and forecaster Marc Faber’s [Tomorrow's Gold: Asia's age of discovery, Riding the Millennial Storm: Marc Faber's Path to Profit in the Financial Markets
,The Great Money Illusion; The Confusion Of The Confusions
] latest take on the situation:
Year 2015 will be marked by volatility and surprises one considers Marc Faber, author of the newsletter for investors “Gloom, Boom & Doom Report” and the best option is the capital conservation diversification. In a response to Bloomberg TV Swiss investor resident in Thailand recalled that last year was a bad one for active portfolio managers, 90 fund managers reporting of underperforming the main index of the American Stock Exchange, the S & P500. In this context it is remarkable, however, that a higher yield was obtained from the average market fund “all seasons” of Bridgewater Associates built exactly on the principle of diversification between stocks and bonds.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.