The media has brainwashed the electorate to expect the government to do something. The best economic policy of any government is to do nothing but reduce the size of the government, reduce the size of the laws, and reduce the size of regulations.
Marc FaberI am surprised with the reelection of Mr. Obama. The S&P is only down, like, 30 points. I would have thought that the market on his reelection should be down at least 50%.
Marc FaberWhat I object to the current government intervention in so-called 'solving the crisis', they haven't solved anything. They've just postponed it.
Marc FaberWhen I look at asset prices; real estate, bonds, equities, vintage carsโฆ I think that gold is actually one of the few assets that is relatively cheap, relatively inexpensive.
Marc Faber