Sunday, July 15, 2012

About Kyle Bass, Marc Faber

You may have heard or if you havent certainly you must be wondering who is Marc Faber, and Kyle Bass.

About: Marc Faber:
Marc Faber is a Swiss financier who predicted the Wall Street Crash in 1987. He is the editor and publisher of the “Gloom, Boom & Doom Report,” author of many books including the best selling “Tomorrow's Gold: Asia's Age of Discovery." Faber advised investors to buy gold in 2001 and he is still extremely bullish on gold and silver and believes that gold will rise in all economic circumstances – a global inflationary economic boom, stagflationary environment or even in a global deflationary recession or depression.

About Kyle Bass:
Kyle Bass is the erudite Texan investor who saw the financial crisis coming and made a fortune in the sub-prime collapse – first from America's sub-prime mortgage crisis and then from betting that Greece would default. Now he’s positioned and ready for the collapse of entire countries, having bought credit default swaps on Greece, Ireland, Italy, Spain, Portugal and, interestingly, Switzerland.