The US and the EU are Already in a 'Silent Depression': Marc Faber
Commodity Culture Commodity Culture
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 Published On Mar 13, 2024

Marc Faber believes that the question of recession or depression has already been answered, and if you ignored faulty government statistics and paid attention to reality, it's obvious that the U.S. and EU have already fallen into depression. Marc discusses why he thinks gold miners, oil stocks, and Hong Kong real estate all present compelling opportunities at present, along with providing his thoughts on the global economy, emerging markets, and much more.

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00:00 Introduction
01:21 Opportunity in Gold Miners
05:29 Oil Stocks
09:15 Hong Kong Real Estate
13:10 Emerging Markets
14:44 The Cantillon Effect
20:24 US and Europe in Silent Depression
24:24 Growing Global Conflict
26:54 Escalation in the Middle East
29:44 Importance of Geographic Diversification
34:01 Outlook on Japan
35:51 Now is the Time for Commodities

#gold #goldstocks #preciousmetals

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