Marc Faber Rings the Alarm Bell, Predicts a 50% Near Term Correction in Stocks

Posted by Marc Faber via Nathan McDonald of Sprott Money

Share on Facebook

Tweet on Twitter


a4c12c387eaa76165639b1825354e3b1Volatility is the name of the game. Stocks are acting up, but standing strong. Oil is propelling higher and the US dollar is falling. Turmoil around the world has never been higher and an ominous shadow is lurking in the background, ready to strike. 

The situation that we now face is ultimately going to end in a collapse of epic proportion. The financial world is now a ticking bomb that is just waiting to explode – I know this, you know this and even if the masses don’t, they can feel it in their bones.

The only ones that don’t seem to be aware of this dangerous situation are the elites who are currently profiting off of this heightened turmoil and their mainstream media mouthpieces who couldn’t be more happy to assist in the destruction of the Western financial world. After all, it would make for a good story right?

Unfortunately, I am not alone in this assessment of the current global situation. Marc Faber, a prominent voice in the financial community and the editor the Gloom, Boom and Doom report has taken an ultra bearish view of the current economy.

….continue reading HERE