00:00In 1987, there was a flood in Mandi and the stock market crashed badly.
00:09That day is known as Black Monday.
00:12Mark Faber warned investors about this flood and then this incident was proven to be true.
00:19Once again, Mark Faber predicted the market.
00:22After the 1987 incident, he was recognized as a market commentator.
00:27He is a famous Swiss investor by the name of Dr. Doom.
00:30Let's see what prediction he has made this time.
00:34Actually, Mark Faber has predicted the bearish market.
00:38He advised Indian retail investors to leave the equity market before the long global downfall.
00:45According to Faber, Mandi can be seen for many years in the global market.
00:50In an interview, Mark Faber, the editor of Gloom, Boom and Doom report, said
00:55that if there is a rebound in the market, then it should go out.
00:59He believes that Mandi can remain in the world market for many years.
01:03And he has warned that inflation can destroy real value while increasing return.
01:11He said during the interview that retail investors from both America and India
01:16made an important contribution to the stock market rally last year.
01:21However, many people were entering the market as stock traders without information.
01:28And many of these investors are now facing heavy losses.
01:33He said that in the last summer, the share of retail investors in the American market was quite high.
01:39And this happened in India as well.
01:41Many of these investors have no knowledge about this.
01:44Mark Faber warned again and again about the heavy fall in the stock market in 1987.
01:51And this later proved to be true.
01:53Since the 1970s, he has been publishing predictions of Mandi.
01:58In the beginning, he did it for self-use.
02:00And at that time, he was quite unaware of the valuation of the dollar
02:05compared to the U.S. foreign exchange, dynamic gold and European currency.
02:08He pointed out that the stock traders invested in Tesla, Nvidia and Bitcoin.
02:14Due to which, this became the main reason for the rapid rise in the market last year.
02:18But recently, there has been a heavy fall in these assets.
02:22For more than a month, Tesla has fallen by more than 30%.
02:27While Nvidia has fallen by more than 17%.
02:31At the same time, investors are also suffering a 13% loss in Bitcoin.
02:36So this time, once again predictions have been made about the stock market.
02:41Mark Faber has made this prediction.
02:43And he has said that Mandi can be seen in the market for many years.
02:48So in such a case, if there is a rebound in the market, then it is advised to go out.
02:53His prediction was proved to be true earlier as well.
02:55And now he has made a big prediction about Mandi.
02:59What do you think?
03:00Do tell us by commenting.
03:02Good Returns never advises you to invest.
03:05In fact, it advises you that whenever you add or exit anything in the portfolio,
03:11you should consult a financial advisor so that you do not have to face losses.
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