저자: MarcFaber · 외국인
요약 보기
Faber는 유동성이 긴축되고 있으며 상업용 부동산·주거용(특히 콘도)·암호화폐 하락이 이를 보여준다고 봄. 대규모 금융 붕괴 시 금·은·백금도 일시 하락할 수 있으나 주식보다는 덜 하락한다고 주장. 정부 적자 확대와 향후 통화 증발을 근거로 금 비중 확대를 권하며, 금이 500~1000달러 더 떨어지면 비중을 늘리겠다고 언급. 트럼프 일가 관련 종목은 0이 될 것이라고 예측. 장기적으로 주식이 채권보다 전쟁·위기 속에서도 낫다고 평가.
다듬은 글
If the mad world collapses, and we have a a major financial bust, then also what is relatively low will go down. So All right. Yeah, yeah, yeah. I mean, whatever you whatever you consider, at the end, I think that in a major bust, gold and silver and platinum will go down, also. But, they will go down by maybe 30%
Mhm. and maybe other things will go down to zero. Zero. And many other things will go down 98%. Say all stocks related to the Trump family will go to zero. That is my prediction. Gold falls another $500 an ounce because then I would increase my gold position again rather substantially. Investor and market commentator Marc Faber believes a major financial downturn could create widespread losses across global markets.
According to Marc Faber, even traditional safe haven assets such as gold, silver, and platinum may experience temporary declines during a severe liquidity-driven sell-off. However, he argues that precious metals could outperform most financial assets, which may suffer significantly larger losses in a broad market collapse.
Faber suggests that any substantial correction in gold prices could present a buying opportunity for long-term investors seeking wealth preservation. As economic uncertainty grows, many investors continue monitoring precious metals as protection against financial instability and currency weakness. Now we present the clips from Marc Faber's interview.
Subscribe now Metal Moves for daily updates on precious metals, economic trends, and wealth-building opportunities. Stay ahead of the financial shift and never miss a market-moving alert. At the present time, it is possible that liquidity is somewhat tightening because uh in general, people believe and economists will tell you liquidity drives markets.
In other words, it drives up Bitcoins and it drives up uh Micron Technology and whatever. But, it is also possible or probably uh likely that when asset markets decline, that liquidity tightens. I mean, we've seen now two major asset classes that have declined meaningfully in price in the last few years.
And this is um commercial properties. Commercial properties, I just read uh of um a company, they sold their property portfolio or a holding in Seattle for half actually, less than half of what they paid in 2018. And that has tightened liquidity for some people who were large holder of um real estate in a leveraged way.
And then we have the decline in uh cryptocurrencies that has surprised many people because they were all betting on Bitcoin and everything going up. And now these cryptos in some cases are down 70-80% from the peak. So, that has tightened liquidity for Generation Z because the cryptos were bought like crazy by young people who didn't want to own any gold, silver, and platinum.
They wanted something that moves more than the traditional safe assets such as precious metals. And that has tightened liquidity of young people. And more recently, over the last say 18 months, property residential property prices have gone down, especially condo prices. And a lot of not wealthy people, but middle-class people were long condos partly to have a second home in Miami or so, but also partly as an investment.
And so, I think that liquidity is sort of tightening. And it will be interesting to see today as an example, the Dow is up strongly. But the six most active stocks are all down on the day because they're technology related. And the SOX index is down about 3% whereas the Dow Jones is up strongly. So, we have changes in the composition of assets that are meaningful.
I like precious metals for the simple reason that I'm not so smart to choose the right thing at the right time every year or every half year. I like precious metals because I think that in the current environment especially if I look at the Trump administration I want to have something relatively safe and that is a thriving and keep its value in an environment where the government will spend money like water.
They're not going to reduce the deficit. The deficit will go up. And since the interest payments on the debt will therefore also go up. More money printing is only a question of time. Only a question of time. Personally, I hope that gold falls another $500 to $1,000 an ounce because then I would increase my gold position again rather substantially.
I have a substantial position already. Uh more than most people would have. Except the gold bugs like Eric Sprott. He has a Most of his assets are in gold. Or some other people I know, they have most of their assets in gold. But most people that I know in the investment world, uh say among funds managers, uh most fund managers do not have more than 1% in gold.
And already a 5% involvement in gold is a lot. I know rich people in Switzerland. They have most of their assets in real estate, in some stock portfolio, in some bond portfolio, private equity, and gold maybe, you know, a few ounces which they inherited from their grandmother which bought them during World War II.
Investor and economist Marc Faber believes tightening liquidity is becoming an important theme across global markets. He points to declines in commercial real estate, residential property, and cryptocurrencies as signs that easy money conditions may be fading. According to Faber, falling asset prices can reduce liquidity and increase financial stress for leveraged investors.
While technology stocks and speculative assets face growing uncertainty, he continues to favor precious metals as a long-term store of value. Faber argues that persistent government deficits, rising debt costs, and future money creation could strengthen the case for gold as a portfolio hedge. Let's get back to the interview.
And I mean it depends on the person because he may have large real estate assets and he may be diversified and so forth. But I would suggest to hold about 25% of his assets in gold. And uh some of my friends they own 80% of the funding gold. I think it's very courageous because uh one feature of gold is that it doesn't really yield.
It doesn't provide you with a regular income. I have a bond portfolio as well. Yeah. And as you say, in the last few years it hasn't been doing well. But not as badly as say a 30-year bond. When you look at the 30-year bond, Mhm. its price from the peak in 2020 has almost been cut in half. But you have the dividend, I mean you have the interest payments every year.
So, the total return hasn't been that bad. And in the last 2 years, I just checked, the return hasn't been negative because Mhm. the 30 years has gone down a little, but you got the 4% interest. I think equities survive any war better than bonds. Mhm. I mean, if you look at German industry, you look at the 10 largest companies in Germany in 1900.
Bayer, BASF and so forth and later Mercedes. All of them, they survived World War World War II and exist nowadays as a stockholder you still have something. If you invested in bank deposits, you have nothing. Nothing at all. Three times nothing. Same in Russia and China. So I think that in equities you you'll be better off.
The perfect asset in those conditions are holding gold coins. But I want to point out one thing about gold holding gold. You know, one of the leading philosophers of the 20th century was Wittgenstein. And he studied actually with with Russell Bertrand Russell in at Oxford. And anyway, Wittgenstein his family was one of the most affluent families in Europe at the time.
And uh they owned I think about 250 tons of gold in Switzerland. In a vault. And when Hitler came to power, they found out that the Wittgensteins, they were Austrians, but they had Jewish blood. So Hitler went to the family and said, "Okay, you want to stay in Austria, you want to keep your steel empire.
You hand over the gold to us. You don't hand over the gold to us, we expropriate you of everything and send you to concentration camps or whatnot. You not [snorts] you have to keep quiet about your gold holdings and hide it. But you can hide it in if you have a piece of land like Ted Turner in America, you can dig a hole somewhere nobody will ever find it.
I would store gold not in the US but overseas. But even overseas, you see in Switzerland we have a trend towards socialism. The socialist essentially run the city of Zurich. If they come one day with a initiative and say, "Well, we have to expropriate the gold from people because they made unusual large fortunes and so forth." Who knows?
But I would say this relates to all of your assets. First of all, you can't take your assets to heaven or hell. That is something you have to consider. And as a capitalist, it's always difficult to In my view, more difficult to distribute your wealth than to earn it. And the other question is about gold.
There are companies like uh Vontobel or Dreyfus. Mhm. They They arrange the storage of gold outside of the banking system. And you can take the gold out in Singapore or I think in Australia and Switzerland and Dubai and so forth. They have depositors in different countries but outside the banking system.
Or I think that say in Thailand with all its disadvantages, the property rights are very well established. I mean, if you have a house, the certificate is watertight. It's unlikely that the government will take it away. But with real estate, the government can impose very high taxes. As people know, I'm so anti-government.
The people that are in government nowadays are not people who worked, and they regarded as sort of a duty to be then looking after government affairs. They are professionals that went to socialist universities, and they all are Marxists. And dangerous. Dangerous for the prosperity of an economy. You You know, in the 19th century in America, why did people travel to America from Europe?
Immigrate? The reason was there were opportunities for ordinary people to make money. Uh jobs were better in America despite of all the robber baron saga and the and nonsense that people talk about. The American entrepreneurs, the robber barons, who built the railroads and the refrigeration cars and the machines and the trains and canals and so forth.
Yeah, they made money, but they allowed the cost of living of people to go down. The price level in 1900 it was lower than in 1800. Because they didn't have central bankers, and most importantly, in America in the 19th century, there were hardly any economists and strategists that were spreading lies.
Investor and commentator Mark Faber discusses long-term wealth preservation strategies in an environment of rising uncertainty. He suggests that portfolio diversification may include equities, bonds, and a significant allocation to gold, with some investors holding up to 25% or more in physical precious metals.
Faber highlights that gold does not generate income. He also emphasizes concerns about government intervention, taxation, and potential expropriation risks, which he believes make physical gold ownership outside the banking system an important consideration for protecting long-term wealth and financial sovereignty.
Let us know your opinion on this analysis in the comments below. If you enjoyed this video and found it valuable, make sure to subscribe and enable notifications so you never miss our latest updates on gold, silver, crypto, and global markets. Thanks for watching the Metal Moves. We'll see you in the next video.
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