GoldSeek Radio Nugget -- Marc Faber: Think locally, prepare for the end of globalism

June 04, 2023

Dr. Marc Faber, editor of the Gloom, Boom, Doom Report, notes that typical people in society continue to suffer economically from declining purchasing power.

1.50 - Inflation risk.

4.05 - Economic implications of covid-era policies.

5.01 - Soaring cost of living.

6.55 - Declining purchasing-power.

12.20 - Nascent bull market in gold?

15.30 - Oil and gold shares. Dr. Faber owns both.

17.22 - Elon Musk's comments on the real-estate market.

24.02 - Might central banks continue tightening to the detriment of financial markets?

25.30 - Financial-sector crisis.

27.01 - "Everyone (investor) should buy some gold."

31.11 - Debt limits, and debt default.

34.00 - Think locally, know your neighbors, build local alliances, prepare for the end of globalism.

38.00 - “When the people discover they can vote themselves money, that will herald the end of the republic.” - Benjamin Franklin.

41.05 - Increased risk of conflict between NATO and BRICS.

45.02 - Leaders are encouraged to avoid Nuclear-winter at all costs.