220: Marc Faber – Buying Asian Investments & Currencies On The Cheap
The Expat Money Show - With Mikkel Thorup
The Cost of Living in Small Villages in Europe
In Europe if you go to the countryside in Germany Britain and Spain Portugal Italy Sicily. You can buy a real estate very reasonably in Italy they give it to free for you to live in a village. Singapore is saying luxury car crazy but normal cost of living is here reasonable absolutely. Of course the Russian rule that that is its own conversation which we probably don't have time for today.
TODAY’S CONVERSATION WITH MARC FABER
- Listen in to today's conversation I have with Marc Faber about the possibility of war between China and Taiwan. What are his predictions, and what are they willing to do regarding money and war?
- Do the Taiwanese people want conflict? Or is it that the US likes to provoke conflict?
- Where do you hold your assets? Marc shares his basic allocation and the percentage for each.
- Is holding cash a good idea? And if so, what currency is worth holding?
- Why is it vitally important to hold your gold in the country you live in and not in another country?
- Online brokerage accounts. Are they a good idea? How safe are they?
- An important question to ask yourself: How will I lose the least in an environment where things are bad? Marc explains all.
- A serious risk that the governments will impose some sort of wealth taxation. In an emergency decree, a government can do anything; look at what Trudeau did during the trucker strike.
- We discuss Qatar and the UAE and their monarchies, as opposed to the corruption with Canada’s Trudeau and the fact that democracies have the very worst people at the top.
- I asked Marc, what countries would you diversify in?
- If you are holding US cash, what other fiat should we look at? And what does he believe the top 3 currencies are?
HOW TO REACH MARC FABER
www.gloomboomdoom.comRELATED EPISODE
214: Stacking Laws Like LEGO Blocks To Secure Your Freedom – Patri Friedman 199: It’s Time For The World To Wake Up And Thrive – Foster GambleCONCLUSION
What an interesting conversation with one of the most brilliant minds of today. If you want to learn from the best, here is a glimpse into who Marc Faber is and why you should be listening to him.Mentioned in this episode:
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Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.
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