Tag: Doug Casey

Via International Man

International Man: The average person doesn’t care about economics. But to the extent that he does, he only reads mainstream publications like The Economist and editorials in The New York Times.

In these publications, the average person will find so-called economists advocating upside-down and destructive concepts like negative interest rates, banning cash, debt-fueled consumption, government spending, and rampant money printing as the cures to economic ailments.

And if those methods don’t work—or inflict damage—the establishment economists’ response is to simply call for more money printing, more debt, and even lower interest rates.

What’s your take on conventional economic thinking and methods?

Continue reading “Doug Casey on How Economic Witch Doctors Convince Everyone They’re Neurosurgeons”

“Government sponsors untold waste, criminality and inequality in every sphere of life it touches, giving little or nothing in return.”

Doug Casey

“If you are not an anarchist, it means you either condone aggression, or think the state does not necessarily commit aggression. As you say you are not an anarchist, can you please tell us which one describes you?”

Stephan Kinsella

“Whatever crushes individuality is despotism, no matter what name it is called.”

John Stuart Mill

“After a shooting spree, they always want to take the guns away from the people who didn’t do it. I sure as hell wouldn’t want to live in a society where the only people allowed guns are the police and the military.”

William S. Burroughs

Via Casey Research

Daily Dispatch: Doug, we’d like to get your take on the question of “Globalist vs. Globalism.” Not so long ago, the right was in favor of embracing a global economy, in order to access cheaper labor and other benefits of outsourcing. Whereas the left was against that whole idea, as they wanted to be more protectionist in their local economy.

But now, to the average man at least, that seems to have flipped. Now the right seems to be more protectionist, and the left wants to be more global. Is that an overly simplistic take on things? What’s your view?

Continue reading “Doug Casey on the Dangers of Global Regulation”

Via Casey Research

Chris’ note: We’re on the verge of another Industrial Revolution.

And much like the first Industrial Revolution, this period will be marked by profound change. According to Doug Casey, matter, energy, space, and time will “soon be manipulated on a cosmic scale”… thanks to rapid advances in technology.

For example, life extension breakthroughs could soon solve the problem of aging. If that happens, Doug says you could “be, do, and have everything that you can imagine.”

That makes it one of the most important advancements to watch going forward. So I got Doug on the phone to learn more about the implications of life extension…

Continue reading “Doug Casey: The Rich Will Soon Cheat Death”

Via Casey Research

Chris: Doug, regular readers know that you think gold stocks are primed for a rally.

What other sectors do you like today? Anything readers should be keeping an eye on?

Doug: Well, I’m a technophile. I really believe that Moore’s Law has been around for about 200,000 years. We passed the “elbow” of the acceleration with the Industrial Revolution 200 years ago; its progress is going hyperbolic, approaching vertical, at this point. So, being a technophile, you’d think that I would like technology companies. I’ve got to say I missed the boat on big ones like Amazon, and Microsoft, and the like. But there are going to be plenty more of these things that could put in the same kind of performance that those companies did.

Continue reading “Doug Casey on Tech Stocks, Cannabis, Bitcoin, and More”

Guest Post by Doug Casey

For some time, I’ve been saying that the economy is in the “eye of the storm” and that when it emerged, the weather would be far rougher than in 2008. The trillions of currency units created since 2007, combined with artificially suppressed interest rates, have papered over the situation. But only temporarily. When the economy goes into the trailing edge of the hurricane, the storm will be much different, much worse, and much longer lasting than what we experienced in 2008 and 2009.

Continue reading “Save, Invest, Speculate, Trade or Gamble?”

Via Casey Research

Justin’s note: Doug Casey is a legendary speculator.

That’s no secret. But not everyone knows how Doug made his fortune. It wasn’t a case of dumb luck. Doug – like any successful investor – has developed his own specialties, approaches, and methods over the years.

One of those time-tested strategies is Doug’s 10 x 10 Approach. In short, Doug likes to divide his risk portfolio across 10 unrelated areas, each with the potential to increase 10-fold in value over the course of a business cycle. This way, nine of your 10 speculations can go to zero and you’d still preserve your capital if just one of your speculations went up 10x.

Of course, finding moonshots isn’t easy. That’s particularly true in the current environment, with stocks, bonds, and many other traditional assets trading near record highs.

So I recently got Doug on the phone to see where he’s hunting for 10-baggers…

Continue reading “Doug Casey on Where to Find Today’s 10-Baggers”

Guest Post by Doug Casey

An International Man lives and does business wherever he finds conditions most advantageous, regardless of arbitrary borders. He’s diversified globally, with passports from multiple countries, assets in several jurisdictions, and his residence in yet another. He doesn’t depend absolutely on any country and regards all of them as competitors for his capital and expertise.

Living as an international man has always been an interesting possibility. But few Americans opted for it, since the U.S. used to reward those who settled in and put down roots. In fact, it rewarded them better than any other country in the world, so there was no pressing reason to become an international man.

Continue reading “The New American Nightmare”