Marc Faber interviewed by Patrick V. on SBTV
SBTV’s guest this week is Marc Faber, editor and publisher of the Gloom, Boom and Doom Report. Amidst the unprecedented fallout from the pandemic and uncertainty in the global economy, Marc sees the owning of gold and silver as a no-confidence vote against currency debasement by governments and central bankers.
Discussed in this interview:
01:51 A greater depression ahead
07:05 Exodus from cities to countryside
11:34 Getting the economy out of recession
15:09 Big government, less dynamic economy
18:50 Protect your wealth with precious metals
22:54 Replacement of the US dollar as the reserve currency
27:36 China as a rising superpower
31:30 Stock market bubble
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