Marc Faber: Dow Could Reach 100,000

Marc Faber: Dow Could Reach 100,000
Dr. Marc Faber, publisher of Gloom Boom & Doom, in this file photo. Dr. Faber thinks central bank intervention will lead to the collapse of the monetary system. Courtesy of Dr. Marc Faber
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They call him Dr. Doom and for good reason. Dr. Marc Faber, author, investment adviser, and publisher of the Gloom, Boom & Doom report, usually emphasizes the risks in the financial system and never minces his words.

However, his views are more nuanced than most people think, and his advice for investors is more pragmatic than idealistic.

Epoch Times spoke to Faber about central bank manipulation of financial markets, the reasons for income inequality, and how to invest in this environment.

Answers have been edited for clarity and brevity.

Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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