-- Published: Sunday, 8 March 2015 | Print | Disqus
Featured Guests
Louise Yamada & Dr. Marc Faber
Interview Summaries
Louise Yamada Summary:
Goldseek.com Radio is honored to welcome Louise Yamada in her debut appearance on the show.
The highly respected market maven correctly predicted the equities bull market.
Unlike the stock market price-zenith of 2000, this time share valuations are reasonable - the market is behaving in a more orderly fashion, suggestive of further upside potential.
Although US stocks appear to be in a primary uptrend, several laggard sectors suggest that at least a 5% pullback could provide the pause necessary to initiate the next leg higher.
The greenback bull run may be only in it's infancy - odds favor a multi-year advance.
Dr. Faber Summary:
China boasts the most trading partners of any nation (124).
Dr. Faber believes the PBoC may have accumulated thousands of tons of gold bullion reserves, in anticipation of a gold backed Yuan / renminbi.
The modus operandi includes the gradual weakening of the Yuan, to the benefit of the manufacturing and exporting sectors, followed by the introduction of a gold-backed currency.
The resulting Yuan devaluation will be offset by the increased value of the massive PBoC gold stockpile.
The theme of corporate share-buyback announcements is emblematic of an equities market bubble.
Dr. Faber expects emerging market equities to outperform US shares, presenting an opportunity for wise investors to reap rewards via foreign shares.
Diversification is the ideal panacea for market uncertainty / volatility.
Dr. Faber distributes his funds among cash, real estate, stocks, bonds and precious metals (25%).
Eventually, precious metals holders could be vilified for their windfall profits and targeted by unscrupulous officials.
Therefore, it is advisable to relocate gold investments to safe havens located in Asia.
Louise Yamada Technical Research Advisors, LLC ("LYA")
Louise Yamada formed an independent research company in 2005 - Louise Yamada Technical Research Advisors, LLC ("LYA") - to provide the same in-depth and thought-provoking research that clients had come to expect during her 25 years at Smith Barney (Citigroup). As Managing Director of Technical Research at Citi, Louise was top-ranked in "Institutional Investor" in 2001, 2002, 2003 and 2004, before going independent.
Our Mission
The firm's objectives include analysis of the US equity markets, identifying "Buy and Sell Signals;" identification of S&P Sector / Industry outperformance / underperformance; shifts in leadership; US interest rate analysis, along with the US dollar, other Currencies, Energy and Metals complexes; risk management for preservation of capital; inter-market relationships; Educational Pieces, Special Features and Think Pieces, including long-term macro historical perspectives. .
Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.
Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong.
Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, MARC FABER LIMITED which acts as an investment advisor and fund manager.
Dr Faber publishes a widely read monthly investment newsletter "The Gloom Boom & Doom Report" report which highlights unusual investment opportunities, and is the author of several books including “ TOMORROW'S GOLD – Asia's Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “ TOMORROW'S GOLD ” was for several weeks on Amazon's best seller list and is being translated into Japanese, Chinese, Korean, Thai and German. Dr. Faber is also a regular contributor to several leading financial publications around the world.
A book on Dr Faber, "RIDING THE MILLENNIAL STORM", by Nury Vittachi, was published in 1998. A regular speaker at various investment seminars, Dr Faber is well known for his "contrarian" investment approach.
He is also associated with a variety of funds and is a member of the Board of Directors of numerous companies.
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