What I object to the current government intervention in so-called 'solving the crisis', they haven't solved anything. They've just postponed it.
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 FaberWhen you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker.
Marc Faber