February 9, 2012

Marc Faber: What to do to prepare yourself for economic crisis Feb-15-2010

Interview of Dr Marc Faber by Freedomain Radio. In this section, Stefan Molyneux asks Dr Faber what can individuals to to prepare for the economic crisis coming in the next decade. Dr Faber suggests: 1) Save Money 2) Buy properties/land (not rentals) 3) Buy Physical Gold 4) Buy foreign assets/stocks 5) Buy US stocks (mining shares, oil, etfs) NOTE: Do not buy all at once, buy a little each month. Timing the market could lead to missed opportunities. Entire video can be seen here: www.youtube.com

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Comments

  1. horsehorsehorse400 says:

    I have some tips and predictions on my channel if you care to look.
    Get silver coins, start a garden or at least get canning jars as someone will plant for you if you can supply the jars and labor. Stock imported things like coffee. Got Gun?

  2. xyvsz says:

    a gun?..a gun is already nothing in Detroit, in extreme though economical conditions, we will need a couple of rifles or M16 at least!…

  3. 1x93cm says:

    people dont realize the average joe schmo has NO extra savings or income because they’re ALREADY living on it. The only thing they can do is stockpile food and weapons because they have not enough money to do anything else or the resources to do anything else

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