Dr Faber is Mr Doom, 9 out of 10 years he predicts market will collapse and if a market collapse anytime within 10 years, his marketing department goes into top gear and people start beliveing him because he "predicted" that the market will collapse. He predicted that the australian housing market will collapse, instead the house price were up by 20% last year.
He even mentioned that chinese market "may" collapse in next 9 to 12 months, can you see his comments, he says "may" not "will".
