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

Friday, August 26, 2016
By Paul Martin

SilverDoctors.com
August 26, 2016

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…

By Nathan McDonald, Sprott:

Volatility 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.

A recent CNBC article, highlights a recent interview they had with Marc Faber this past week, and states the following;

The notoriously bearish Marc Faber is doubling down on his dire market view.

The editor and publisher of the Gloom, Boom & Doom Report said Monday on CNBC’s “Trading Nation” that stocks are likely to endure a gut-wrenching drop that would rival the greatest crashes in stock market history.

“I think we can easily give back five years of capital gains, which would take the market down to around 1,100,” Faber said, referring to a level 50 percent below Monday’s closing on the S&P 500.

The Rest…HERE

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