It’s the question investors everywhere are wrestling with: Are asset prices in a bubble, or do they simply reflect the fact that the global economy is growing once again?

For Marc Faber, editor of the Gloom, Boom & Doom Report, the answer is clear. In fact, he says the bubble may already be bursting.

“I think it’s a colossal bubble in all asset prices, and eventually it will burst, and maybe it has begun to burst already,” Faber said Tuesday on CNBC’s ‘Futures Now’ as the S&P 500 (INDEXSP:.INX) lost ground for the second-straight session.

Faber has been wrong once (and more than once, but that does not stop him, check it out below)

Marc Faber

 

Marc Faber: The Asset Bubble Has Begun To Burst