Doug Casey's Take
The Backstory on my series of video interviews with the most interesting man in the world - Doug Casey
As a supplement to our conversations on YouTube, Doug Casey and I put together a Special Report. In it, we outline the dangers of the next decade and Doug explains how he’s investing right now.
Excerpt from the Report:
We're on the edge of the precipice. The inevitable is becoming the imminent – an economic calamity and, perhaps, something much worse. I’m convinced that the 2020s will turn out to be among the most tumultuous times in modern history, including the Great Depression of 1929-1946, as huge distortions and malinvestments are liquidated.
I’ve said it before, but this is worth repeating many times, because people don’t take it as seriously as they should. We entered a gigantic financial hurricane in 2007. We’ve been in the eye of the hurricane since 2010. It’s a large eye, yes, but it’s in proportion to the huge size of the hurricane. I admit: I’ve been early on this, since the degree of what governments have been doing—with ZIRP, QE, and now the War Against Cash, is unprecedented. But we’re exiting the eye of the storm and going into its trailing edge. The global economy will be engulfed in the trailing edge of the storm.
The second half of the storm is going to be much worse, much different, and last much longer than what we saw in 2008 and 2009. And we’re not just looking at a financial reset. It will likely be as socially, politically, and economically turbulent as any time since the Industrial Revolution.
In the report you’ll find:
Doug’s predictions for the next decade (you’ll see why he’s worried).
Three gold mining stocks and two gold royalty stocks
Doug’s take on Cryptocurrency
If you’d like a free copy of this report, simply enter your email address below.
In the early 2000’s I stumbled across Doug Casey’s work. I was looking for an education on investing and the economy. What I got was a bucket of cold water thrown in my face - Shocking and then deeply refreshing.
The first time we actually met, however, was a chance encounter in 2007. I was in Buenos Aires apartment shopping and one evening I left the lobby of my hotel just as Doug was walking past on his way home from dinner.
What are the odds? I couldn't help but go up to him and introduce myself.
Gradually we became friends and over the years we shared some adventures. After more conversations than I can count, I still learn something every time we get together.
Doug Casey is known as a “contrarian”. Relying on a wealth of experience and a superb grasp of history, Doug comes to his own conclusions. And often, his conclusions are very unpopular.
For many (left, right, conservative or progressive) Doug Casey is a heretic. That, for the record, puts him the company of some of history’s greatest thinkers. Thinking clearly and the willingness to question our own assumptions can be uncomfortable. Too many of us are unwilling to examine the facts and question the orthodoxy.
As the great heretic Galileo complained:
How would I summarize what Doug taught me?
In a nutshell, he helped me understand how the world actually works and how I - as an individual - can ethically and successfully interact with it.
The goal of these conversations is to push Doug’s contrarian ideas into the world so that we all might become better thinkers and better men.
The ongoing series of interviews is available on YouTube