People With Money Will Lose Part of Their Wealth

"If you look at what happened in Cyprus, basically people with money will lose part of their wealth, either through expropriation or higher taxation." - Source, CNBC:

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Hold money in Singapore Dollars in a Singaporean Bank

If you have all your money in the bank eventually you may lose up to 40, 50 percent or even 60 depending on the quality of the Bank. If you hold your money in a Singapore bank in Singapore dollars, I think Singapore dollar deposit may be safe. But if you hold US dollar in a Singapore Bank they place it in a Intermarket rate and that deposit may not be safe.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

I love The Gold Sell Off

Marc Faber : I love the markets and the fact that Gold is finally breaking down because that will offer an excellent buying opportunity. Marc Faber is a famous contrarian investor and the publisher of the Gloom Boom & Doom Report newsletter.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

North Korean tensions are a test

One should not believe the North Koreans are acting on their own. Its all a test to see the resolution by the US, Japanese and the foreign powers. The Chinese are watching as they will do the same in a few years. North Korea can hardly produce bicycles. They cannot produce nuclear weapons on their own. They are getting outside help.
 Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.