Marc Faber tells Silver Doctors the vast majority of cryptocurrencies will fail. Here’s why they’ll fail and what to expect after they fail…
Dr. Marc Faber tells Silver Doctors a U.S./China trade war is unlikely. Faber thinks the U.S. would have more to lose than China in a trade war. For this reason, he believes a trade war will not develop.
The U.S. Dollar’s strength will not last long. “The last thing the U.S. administration wants today is to have a strong Dollar.”
Right now, investors are geared towards equities and cryptocurrencies. However, Faber expects within a few years investors will turn towards gold and silver.
Faber does not have faith in most cryptocurrencies. While he says blockchain technology is here to stay, he thinks the vast majority of cryptocurrencies will fail.
About the Interviewers
James Anderson has a BA in finance from Loyola University New Orleans. He has both worked and invested in the physical investment grade bullion markets prior to the 2008 global financial crisis.