Faber views China’s huge credit bubble, one that had been growing rapidly since 2008, as the next global financial crisis hot spot.

“The inflation in China is much higher than it seems. Credit growth in China will slow down. It is very much depends on whether they’re going into hard landing or soft landing, but this will inevitably lead to economic slowdown in emerging markets,” he said.

He sees the colossal credit bubble in China that had been expanding rapidly since 2008 as the next biggest risk to global economic growth.

….read it all HERE

Gold has not been a very good Investment over longer periods of time

We have to be aware that over longer periods of time, gold has not been a very good investment, since it does not generate new businesses, it does not generate dividends or cash flow. I would suggest some money ought to be in gold, as a replacement for having money on deposits with banks, for the risks in the banking system. 

Protecting Yourself in the Coming Economic Collapse

Ed Note: Marc begins talking about Protecting Yourself in the Coming Economic Collapse @ the 3:38 mark in this 9:12 video