The 2008 financial crisis could be just a precursor to a more severe economic fallout on the horizon, closely followed contrarian investor Marc Faber tells CNBC.
Marc Faber , editor and publisher of The Gloom, Boom & Doom Report, told CNBC on Friday that this week's epic rise of the digital currency bitcoin from $810 to $1200 is a sign of too much money.
Swiss investor Marc Faber, publisher of the Gloom Boom & Doom Report, speaks to Bloomberg's Tom Keene and Sara Eisen about where to invest amid market uncertainty.
Marc Faber, publisher of the Gloom, Boom and Doom Report, told Bloomberg Television's Trish Regan and Tom Keene on Bloomberg's 'Street Smart' that believing in Ben Bernanke is like believing in Father Christmas.
Growing wealth inequality means that the wealthy have nowhere to hide and that events like those in Cyprus will happen in more countries around the world, including developed nations, said Marc Faber, the contrarian investor and publisher of the Gloom, Boom & Doom Report.
'The Gloom Boom & Doom' report editor Marc Faber weighs in on the state of the global economy.
Another guy not afraid to say what he thinks.
Marc Faber, publisher of the 'Gloom Boom & Doom Report', told Bloomberg Television’s Betty Liu on 'In the Loop' Friday that “the fallacy of monetary policy in the U.S. is to believe this money will go to the man on the street. It won't. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols.
Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the outlook for the U.S.