Faber: Short Cental Banks

Purveyor of the newsletter Gloom, Boom, and Doom and frequent CNBC personality Marc Faber hasn’t exactly been firing on all cylinders in recent years as U.S. equity markets have melted up but, like all bears, he’ll eventually be right again.

For one possible reason why, just listen to the awkward silence after he predicts “The central banks will be exposed for what fraud they commit” less than a minute into the clip below.

On a related note from another CNBC video, Pawn Stars star Rick Harrison comments on how it has become difficult to find physical gold from the wholesalers he works with.

It seems that the Swiss Bank move, the prospect of a GREXIT, and ravenous demand for the metal in Asia might finally be manifesting itself in tighter supplies domestically, though we’ve certainly heard that story before.