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Marc Faber: The End Of Capitalism & Democracy?
FIND OUT WHY Marc has a Mao bust in the background, plus hear the rest of this interview we couldn't fit into this video by going to https://wealthion.com/mao
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
At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.
We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you.
There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.
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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
____________________________________
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.
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