Dr. Doom, Marc Faber, paints a vivid picture of a world heading for a dystopian society, one ruled by greedy globins at central banks–propping up shares of worthless companies in a post-apocalypse era. In other words, BREXIT was a side note in the economic slowdown that has been occurring since 2014. It has been widely believed, hitherto, that central banks could be the end all answer to all of the world’s problems. However, and it goes without saying, the bull market in US treasuries have been the markets canary in a coal mine for the better part of the last 6 months, outperforming all asset classes with little to no media focus.
At the end of the day, we’re all passengers on the SS Titanic, but we should enjoy the drinks as they’re being served–because the fatal blow is somewhat in the distance. Meanwhile, entertain yourselves aboard the ark. Buy some gold shares and pray to the Gods that the Federal Reserve enacts QE4 to get the juices flowing again.
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jokes on u
Faber is u in ur final form
My final form is a fucking mushroom cloud.
so faber wants fed to print at highs, so he can get more ladyboys.
You people are incorrigible.
Marc threw up in his mouth a little when the guy mentioned “current stability”
Gold, US Treasuries and cash. Perfect.
The worst thing about this madman is he is always partially, just a wee little bit, right. It’s just hard to tell which bit.
I want to know who took my deck chair!
So… panic of no QE. 5% from highs