Marc Faber is one of my favorite investment analysts out there. Here is a quick bio:
Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.
Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, MARC FABER LIMITED which acts as an investment advisor and fund manager.
Dr Faber publishes a widely read monthly investment newsletter "The Gloom Boom & Doom Report" report which highlights unusual investment opportunities, and is the author of several books including “ TOMORROW'S GOLD – Asia's Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “ TOMORROW'S GOLD ” was for several weeks on Amazon's best seller list and is being translated into Japanese, Chinese, Korean, Thai and German. Dr. Faber is also a regular contributor to several leading financial publications around the world.
Faber is famous for correctly forecasting market rises and crashes. He is famous for telling his clients to get out of US stocks one week before the 1987 crash. He has made numerous other calls that have come to pass. Faber is extremely negative on US government debt and the US dollar. He also calls Bernanke "a money printer" on a regular basis.
Here is the latest interview he gave on CNBC on April 8, 2011.
What I love about Faber is that he not only talks about investments but also discusses economics in a simple manner that almost anyone can understand. In this interview he says that there is "inflation everywhere except at the federal reserve" lol.