Marc Faber, an investment advisor, fund manager, media commentator and author, joins Small Caps share his views on the global economy.
Dr Faber discusses the role of central banks in the current global economic crisis and how their focus on asset inflation has led to misallocation of capital and a generation of people who cannot afford to buy properties without excessive leverage.
He also warns of an inflation crisis as interest rates rise and the negative impact of invisible taxes like inflation on people’s cost of living.
Dr Faber thinks that gold, silver and platinum will do well for times ahead.
Described as ‘something of an icon’ by the Financial Times and ‘the region’s (Asia’s) most notorious bear’ by The Wall Street Journal, Dr Faber’s contrarian investment approach and monthly Gloom Boom and Doom Report are familiar to all who have followed the markets in recent years.
Marc Faber’s website: