
Marc Faber on Imperialism, Oil, Gold & System Breakdown
About this episode
Paul Buitink talks to Swiss investor and author of the Gloom, Boom and Doom report Mark Faber.They discuss the US kidnapping of Maduro and the impact on the geopolitical balance. What will be Trump's next move? What is the future of NATO? They also talk about the impact on oil, gold and silver.Marc explains how the current inflationary system creates a huge wealth inequality and why that is a problem. He also shows why socialism isn't an answer either.He advises on how to allocate your investment portfolio and which assets and geographies are interesting right now, such as Thailand.Follow Marc here:https://www.gloomboomdoom.com/https://x.com/gloomboomdoomFollow Paul on X here:https://x.com/paulbuitinkTimestamps:0:00 Intro2:10 Marc's take on Venezuela4:57 Impact on oil prices6:42 Trump's next move: Greenland, Cuba, Colombia?8:55 Europe's response and future of NATO10:21 How should investors prepare for the new world order15:29 Young people vs the billionaire class18:06 How should young people prepare: shares, bonds, real estate and precious metals22:42 Investing in Thailand26:15 When will we see a system breakdown and confiscation30:32 How can we reform the financial system32:34 Some final advice from Marc: how to minimise losses38:05 Inflation vs deflation42:10 Outro
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