MARC FABER AND STOCK MARKET CRASH

Marc Faber he has been forecasting since the Carter-era a new crash of markets and crisis. That is pity after decades of falls forecasting many investors out there still listen to him and tend to believe him when he opens his mouth and forecast and another end of the world day. Like N. Roubini the other doomsayer who is always concerned about the market’s performance and he has anxiety about the bull market. He shorted this strongest bullish rally till 2013 and he lost huge amount of money. In contrary, all fact proves that in the last decade the stock markets were the best investments in US comparing to any other assets.

Just for fun I collected below some great predictions of Marc Faber from the last couple of years. During this period the S&P500 gained closely 150%. Funny isn’t that:

• 'The Bear Market Is Starting' Marc Faber –CNBC, August 3, 2011
• Faber: The Dollar's Value In The Future Will Be Zero –Business Insider, 4/18/ 2011
• Marc Faber: We Could Experience A 1987-Style Crash This Year –Business Insider, 5/10/2012
• Marc Faber: Look out! A 1987-style crash is coming. –CNBC, August 8, 2013
• 2014 crash will be worse than 1987's: Marc Faber –CNBC, April 10, 2014

And I am sure he is going to continue his crash predictions.

The BFM Assets Team.