Marc Faber: The End Of Capitalism & Democracy?

Here in Part 2 of this interview with Marc Faber, Marc addresses whether we are entering a new commodity supercycle, explains why he expects the purchasing power of fiat currencies to erode much further from here, and expounds on what true wealth is (e.g. more than just money)

If you haven't yet watched Part 1 of this interview with Marc, you can do so here: https://youtu.be/Ud7ld2MsVuA

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#gold #oil #commodities

00:00 - Introduction
01:37 - Commodity Supercycle?
02:32 - Why Marc Owns Gold
05:21 - Loss Of Fiat Money Purchasing Power
09:22 - Where Does This All End?
11:28 -- The End Of Democracy & Capitalism
17:08 - What True Wealth Is
21:55 - Market Outlook
27:18 - When To Go Long The Market
29:45 - Gold & Oil Recent Performance
32:28 - Advice for Investors
35:56 - Scheduling A Free Financial Consultation

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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.