Nov. 25 (Bloomberg) -- Marc Faber, managing director of Marc Faber Ltd. and publisher of the "Gloom, Boom & Doom Report," talks with Bloomberg's Carol Massar about the outlook for the global economy.

Faber, speaking from Zurich, also discusses the outlook for the equity and commodity markets, his investment strategy, and the U.S. government's response to the financial crisis, including its rescue of Citigroup Inc. ("Morning Call" is seen weekdays on Bloomberg Television. Source: Bloomberg)

00:00 Stock market; gold as "most precious asset"
02:01 Industrial commodities demand, price outlook
02:50 U.S. "overconsumption," need to boost savings
03:41 Doing nothing in crisis is "best option"
04:52 U.S. government rescue of Citigroup
05:38 Gold-mining stocks; corporate bonds
06:33 Outlook for stocks: "We can rally further."
07:24 Investment advice; global economy "imploding"

Running time 08:18

Last Updated: November 25, 2008 06:59 EST