Faber Says He'd Favor Industrial Commodities Over Gold: Video

Jan. 6 (Bloomberg) -- Marc Faber, managing director of Marc Faber Ltd. and publisher of the "Gloom, Boom & Doom Report," talks with Bloomberg's Carol Massar, Erik Schatzker and Ellen Braitman about the outlook for industrial commodities and gold prices.

Faber, speaking from New York, also discusses the potential for "disaster" from government intervention in the economy, outlook for the financial markets and his investment strategy in technology stocks. ("Morning Call" is seen weekdays on Bloomberg TV. Source: Bloomberg)



00:00 Outlook for "some rebound" for global economy
01:10 Government intervention will be "disaster"
04:10 Regulation of free markets; Madoff, SEC
04:33 Outlook for gold, metals market; oil prices
07:09 "I think World War Three has already begun."
08:58 Large versus small tech companies; strategy
10:15 "Yahoo will eventually be taken out."
11:03 Asian stocks "very attractive," BRIC nations
14:19 "Short" U.S. bonds; five years for recovery
Running time 14:57

Last Updated: January 6, 2009 09:08 EST