*If you like this video, there are now over 200 articles (almost 250), audio podcasts and interviews exclusively for Patrons for only $5 per month that are far more in depth than this video.. Patreon dot com slash wallstformainst or www.patreon.com/wallstformainst Come and join the almost 600 Patrons chipping in each month over on Patreon behind the paywall!* WARNING: Asking for additional free work in any way, shape or form (iTunes, Spotify, stock picks, live stream shows, etc,) you are risking being immediately blocked from commenting. Every hustle or mind game or manipulation has already been tried on me. Insulting me or my interview guests or constant complaining about audio quality, etc will also get you blocked.
I have been trying so hard to get my friends to listen to your interviews, they just don't seem to have the mental state to listen and learn. Old smokey Faber has a lifetime of experience and knows how things really work. Inflation benefits the rich and hurts the poor- no one wants to believe it!
@chargermopar I appreciate the small amount of help. I am honestly not sure how much more free content I want to do. I was hoping to have sold the UA-cam channel and moved onto only higher paying work over a year ago. But I was royally f*cked over on a deal that was agreed to. No emails, phone calls, text messages or DMs since then from the financial company
@@WallStForMainSt I have been on UA-cam 17 years and never got a single penny for it. It takes real dedication for you to put all the work into this despite your health challenges and aggravations from critics. It seems like scammers are attracted to online action.
@chargermopar I have had very bad luck with a lot of things including business deals fall through or people tried to change terms on a signed contract after months of negotiations and I walked away with nothing but wasted time. My former business partner lied to my face for 4 full years starting in 2013 about buying 10 full Bitcoins with extra cash in our business accounts. Also, is your channel anywhere near the size of mine? At this point most of financial UA-cam are spending over $5k per month to grow subscribers and that is way more than I make now. I would love to sell the channel for a nice profit and move on with my life.
@@WallStForMainSt My channel is very small, less than 3000 subscribers. I never became popular in the financial space, but have become better known for being the 40 year carnivore now that the diet has become more trendy.
Highly intelligent man. I used to live as an expat a few blocks away from Dr. Faber. Chiang Mai was one of the best times of my life. Great place to retire. Marc has one of the best private collections of Mao Memorabilia in the world. Ask him about it sometimes. It was shrewd investment. Worth enough money to retire on for a long, long time in Thailand. Marc is a role model on what tangible items to invest in.
@RealNewsChannel Marc Faber is arguably the best over the last 3 or 4 decades at distressed asset investment and doing it in different asset classes. He was also buying Bitcoin at $8k as a speculation in 2020 and 2021 and rental properties in the US when there was blood in the street in 2008-2009
@@WallStForMainSt I agree. Marc also knows how to have a good time. He chose the best country in the world to live for a man like him. Thailand is a man's country. And Marc knows how to handle women. And he's never had to lose a fortune in an acrimonious divorce. A man can build up a fortune, yet lose it by making a bad selection of women. I don't think men think about how important it is to know how to handle women. And Marc is one street smart man.
You're welcome. Although I would prefer to sell the UA-cam channel for a nice profit and take many months off than continue to do this type of work for free
@roguedolphin most of the financial UA-cam channels are spending many thousands per month paying UA-cam to add new subscribers quickly. I can not compete with that and I am not interested in doing free work for a lot longer. I almost sold the UA-cam channel a little over 12 months ago and I am open to new business partnerships with larger financial companies or hearing offers for the channel with reasonable EBITDA multiples
Those people who need to sell their gold already did but the price is holding up due to central banks buying. So the selling had happened and didn't affect the price. Interest rates may not be cut that much as BRICS may take the opportunity to sell as bonds prices rise due to interest rates cut.
@@vincentmurphy9252 total debt in society can not handle 5% or higher rates plus stagflation and shrinkflation and higher taxes. Total debt in society is way larger than the 1980s when interest rates were above 5%
I don't know a single "ordinary person" who owns gold. Ergo, when the economic SHTF, the ordinary people have no gold to sell. I'm in the U.S. so things may be different elsewhere.
*If you like this video, there are now over 200 articles (almost 250), audio podcasts and interviews exclusively for Patrons for only $5 per month that are far more in depth than this video.. Patreon dot com slash wallstformainst or www.patreon.com/wallstformainst Come and join the almost 600 Patrons chipping in each month over on Patreon behind the paywall!*
WARNING: Asking for additional free work in any way, shape or form (iTunes, Spotify, stock picks, live stream shows, etc,) you are risking being immediately blocked from commenting. Every hustle or mind game or manipulation has already been tried on me. Insulting me or my interview guests or constant complaining about audio quality, etc will also get you blocked.
Dr Faber is my favourite economist. Great work Jason
Faber is my favorite! Well done once again, Jason. Thank you!
My pleasure! You're welcome
Well done Jason. We love Dr. Faber, what a guy.
The best of the best! Long live Marc! Servus!
Serbus
Marc is the best
I have been trying so hard to get my friends to listen to your interviews, they just don't seem to have the mental state to listen and learn. Old smokey Faber has a lifetime of experience and knows how things really work. Inflation benefits the rich and hurts the poor- no one wants to believe it!
@chargermopar I appreciate the small amount of help. I am honestly not sure how much more free content I want to do. I was hoping to have sold the UA-cam channel and moved onto only higher paying work over a year ago. But I was royally f*cked over on a deal that was agreed to. No emails, phone calls, text messages or DMs since then from the financial company
@@WallStForMainSt I have been on UA-cam 17 years and never got a single penny for it. It takes real dedication for you to put all the work into this despite your health challenges and aggravations from critics. It seems like scammers are attracted to online action.
@chargermopar I have had very bad luck with a lot of things including business deals fall through or people tried to change terms on a signed contract after months of negotiations and I walked away with nothing but wasted time. My former business partner lied to my face for 4 full years starting in 2013 about buying 10 full Bitcoins with extra cash in our business accounts. Also, is your channel anywhere near the size of mine? At this point most of financial UA-cam are spending over $5k per month to grow subscribers and that is way more than I make now. I would love to sell the channel for a nice profit and move on with my life.
@@WallStForMainSt My channel is very small, less than 3000 subscribers. I never became popular in the financial space, but have become better known for being the 40 year carnivore now that the diet has become more trendy.
Highly intelligent man. I used to live as an expat a few blocks away from Dr. Faber. Chiang Mai was one of the best times of my life. Great place to retire. Marc has one of the best private collections of Mao Memorabilia in the world. Ask him about it sometimes. It was shrewd investment. Worth enough money to retire on for a long, long time in Thailand.
Marc is a role model on what tangible items to invest in.
@RealNewsChannel Marc Faber is arguably the best over the last 3 or 4 decades at distressed asset investment and doing it in different asset classes. He was also buying Bitcoin at $8k as a speculation in 2020 and 2021 and rental properties in the US when there was blood in the street in 2008-2009
@@WallStForMainSt I agree.
Marc also knows how to have a good time. He chose the best country in the world to live for a man like him. Thailand is a man's country. And Marc knows how to handle women. And he's never had to lose a fortune in an acrimonious divorce.
A man can build up a fortune, yet lose it by making a bad selection of women. I don't think men think about how important it is to know how to handle women. And Marc is one street smart man.
Marc is a living legend thank you guys always refreshing to hear truth spoken.
Your interview views are criminally under viewed. Thanks for continuing the content man
You're welcome. Although I would prefer to sell the UA-cam channel for a nice profit and take many months off than continue to do this type of work for free
@@WallStForMainSt You are a great interviewer and a good financial sense. Keep growing the channel it is critically underappreciated.
@roguedolphin most of the financial UA-cam channels are spending many thousands per month paying UA-cam to add new subscribers quickly. I can not compete with that and I am not interested in doing free work for a lot longer. I almost sold the UA-cam channel a little over 12 months ago and I am open to new business partnerships with larger financial companies or hearing offers for the channel with reasonable EBITDA multiples
@@roguedolphin I second this.
Great guest 🎉
Thanks for bringing the good doctor to your podcast. He is a true treasure! Sounds like we might have caught him during happy hour😊❤
Nice interview!
@@sohara08 thank you!
🎉 great talk, tahnk you very much for this interview. Best regards!
@@Gordon_Gekko you're welcome
Auf geht’s Dr. Faber 👍🏻
Fantastic program. U should have this speaker quiet often. Greetings from Saudi Arabia
@@albatross9995 Thanks! Marc Faber is very difficult to book for interviews. I had to book this interview almost 8 weeks in advance
Awesome thanks
Those people who need to sell their gold already did but the price is holding up due to central banks buying. So the selling had happened and didn't affect the price. Interest rates may not be cut that much as BRICS may take the opportunity to sell as bonds prices rise due to interest rates cut.
Hell ya! I would love to go out drinking with this guy
Marc, you said "the first thing ordinary people sell is gold"....ordinary people DON'T OWN GOLD!
@@patted44 they own gold jewelry
Most ordinary families in Asia own some gold or gold jewellery in case of hard times
"The problem with "liquidity" is that banks can fail" MF ....Drive that nail home.
Classic
High rates is not the cause for problem
1 at 5.5 there not too high
The problem was zero rates for 13 years
We need a crash to unwind not lower rates
@@vincentmurphy9252 total debt in society can not handle 5% or higher rates plus stagflation and shrinkflation and higher taxes. Total debt in society is way larger than the 1980s when interest rates were above 5%
I don't know a single "ordinary person" who owns gold. Ergo, when the economic SHTF, the ordinary people have no gold to sell. I'm in the U.S. so things may be different elsewhere.
@@radicalveg00 gold jewelry. There's Bloomberg articles on Americans selling jewelry for cash to pay bills
interesting
INFLATION AT 3% is 50% more the 2%
Plus 3% on higher prices
That’s A fact JACK
YOUZA
This is going to be great. 🪶
The interview turned out well