Marc Faber Resigns From Sprott Board After Racist Report

Marc Faber, a veteran investor and author, resigned from Sprott's board following controversial comments on race in America. His remarks, suggesting that the U.S. benefited from being populated by white people rather than black people, sparked backlash. Faber, a former managing director at Drexel Burnham, defended his statements as historical facts. Bloomberg confirmed his resignation, highlighting the impact of his comments.

What was the reason for Marc Faber's resignation from the board of Sprott?

What comments did Marc Faber make concerning race in America?

What historical fact did Marc Faber mention in his comments?

What was Marc Faber's position before his resignation?

How did Marc Faber respond to accusations of being a racist?