저자: Dr.MarcFaber · 외국인
요약 보기
영상은 Dr. Marc Faber가 중앙은행을 신뢰하면 안 되며 세계대전 확률이 상대적으로 높다고 주장하며 시작한다. 그는 미국 통화정책 확장과 인플레이션 우려를 근거로 금·은 등 실물 귀금속 보유를 권한다. 'Magnificent 7' 집중과 Michael Burry의 엔비디아·팔란티어 공매도를 언급하며 닷컴 버블과의 유사성을 묻는 질문에 집중 현상은 인정하나 시점은 명시하지 않는다. S&P500은 금 대비 2022년 이후 40% 하락했지만 주식이 장기적으로 채권보다 낫다고 본다. 금은 2026년 방향을 단정하지 않으며 장기적으로 귀금속 가격이 현재보다 높을 것이라 본다.
다듬은 글
Responsible investors must not trust central banks. The probability of a world war is therefore relatively high. These are of course inflationary monetary policy measures, which will naturally have a negative impact on the inflation rate. Look at Mrs. Lagart. Look at Scholz, look at the European politicians .
And look at Trump. It is a policy of uncertainty. You are standing on a mountaintop and can already see the storm approaching. While everyone else in the valley is still having a picnic and seeing everything as peaceful and happy, Mark Farber, the living legend of the financial markets, comes along and warns that the biggest crash of the last 40 years is imminent.
He has known Michael Burry since the 90s and bet against Nvidia. Gold reaches new all-time highs; silver explodes by over 100%. But Dr. Mark Farber considers precious metals not just for speculation, but for much more. He then explains why central banks cannot be trusted and why physical assets are vital for survival.
All this with Dr. Markfarber. Welcome. Thank you very much. Yes, it's great to have you with us, Dr. [Name]. Markfarber. The Magnificent 7 dominate the S&P 500 with a 38% share. Michael Burry is betting again, this time against Nvidia and Palantier. Do you see parallels to the dot-com bubble, and how dangerous do you consider the current situation?
Yes, that's how it is; in an investment bubble, there is always a large concentration of money on very few investment assets. Uh, it could be stocks, it could be bonds, it could be commodities, and so on. But there is a huge concentration of money on very few investment properties. And in our case, the investment properties are precisely those you mentioned, the Magnificent Seven.
And I assume that Michael Burry will of course be right in time, I have no doubt about that and I have known Michael since the 90s. The S&P 500, measured in gold, has already lost 40% since 2022. How do you assess this development and what does it say about the true performance of the stock markets?
Yes, that observation is certainly true, but we must be aware that between 1980 and 1999, stocks performed significantly better than gold, silver, or platinum. And after 2011, the Tow Jones or the S&P performed significantly better than precious metals. So, in the stock market, there are times when gold, silver, and platinum perform significantly better than, uh, stocks, and there are times when stocks perform significantly better than commodities.
We need to be aware of that. However, I must say that if you own eggs as a share today, it is the same company as in 1900, and the company still exists . So, what I'm trying to say is, uh, stocks generally perform better than bonds in difficult times. We have all seen it: gold reached a new all-time high this year at over $4366.
Where do you see the price of gold heading in the next few years, and what factors do you think are driving these prices? Yes, look at Mrs. Lagard. Look at Mrs. Vaner Leen. Look at Scholz. Look at the European politicians and, uh, look at Trump. He recently announced that he wants short-term interest rates to be 1% in a year.
These are of course inflationary monetary policy measures, which will naturally have a negative impact on the inflation rate. Number two, I mean monetary policy in America; if we look back over the last century, it has always expanded. It 's simply not possible to hold onto a tight budget for a short time in America.
Money will continue to be printed and the money supply will expand, and this is of course inflationary. So, in my opinion, a relatively safe bet would be to say, I do n't know where the price of gold will be in a year, but I assume that in my lifetime or in my children's lifetime the price of precious metals will be higher than it is now.
Silver has also reached a new all-time high of 64.67. Do you think silver prices will continue to rise in the future, and what are your expectations for the pivotal year 2026? Yes, I suppose so, but I would like to point out that I have always upheld this principle. I want to hold a large part of my assets in precious metals.
I want to keep part of my assets in real estate and I want to diversify my assets. part of it is in Europe, part of it is in Asia, part of it is in South America, and so on. Do you understand? Uh, it's a policy of uncertainty, but it's a policy that will largely preserve its wealth over a longer period.
What are your expectations regarding increasing risks in the banking sector and the bond market for the year 2026? And how do you think silver and gold will fare? I think that, uh, people are exaggerating about the solidity of banks in Europe and America. So they are relatively well-funded, but the year 2025 was of course exceptional, with gold rising by 60% and themselves rising by over 100%, and so on.
As I told you, I hold gold and other precious metals physically. I don't consider them for speculation, but rather for security, and I believe that is good policy. And I am one of those who has mentioned at every conference since the 1980s that the responsible investor must not trust central banks. And so I would strongly advise you to invest a portion of your assets in precious metals.
I don't know whether it will rise in a year or not. It might take three years for it to rise again. I don't know it . My view is, given the great uncertainty in the world, isn't it? I've been discussing for years, uh, we've been discussing the probability, I don't see it as more likely, but the probability of a world war is relatively high.
Dr. Mark Fer, thank you so much for these exciting insights and for taking the time for us and our viewers. Okay, I was pleased and I'll say goodbye now. So you heard it yourselves. Responsible investors no longer trust central banks. Money continues to be printed as if there were no tomorrow, and the money supply is exploding.
This is nothing but inflationary. Gold and silver, on the other hand, protect against this speculation and safeguard your purchasing power. So don't forget to prepare . Exciting gold and silver products are available in our online shop. Please subscribe to the YouTube channel and click on the bell icon, and I look forward to seeing you next time.
Incidentally, we'll be talking on January 7th. The link is below in the info box. Join us for the Kettner Gold Night at 7 pm sharp with exciting experts, where we will give you further insights into the year 2026. That's all from me. Your Dominican.
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