Doug Casey: Where I'm Putting My Money as Global Chaos Looms
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- Опубликовано: 28 июл 2024
- Doug Casey of InternationalMan.com shares his thoughts on a wide variety of topics, including recent banking system issues, the outlook for gold and what he's doing with his money as the Greater Depression progresses.
#Investing #Mining #Gold
This video was filmed on April 6, 2023.
0:00 - Intro
1:05 - Banking situation hasn't been resolved
3:24 - Catastrophic impact of de-dollarization
7:04 - Gold to be reinstitutionalized as money
10:29 - CBDCs are the last arrow in the quiver
15:53 - How Doug looks at the markets
18:17 - What Doug is doing with his money now
23:06 - Why gold is still reasonably priced
27:25 - Is AI an investable trend?
31:04 - Getting through the Greater Depression
34:19 - Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
I really appreciate people like Doug Casey that speak the truth, no matter how inconvenient, he tells it like it is.
I agree
? congratulations Doug cost you 30% in the last year😂
Charlotte understands us viewers at 18:30. Thanks so much for asking the real question; how NOT to get squished financially by the world's de-dollarization fiasco. We need a channel like this to help us navigate the ever increasing dangerous and complex financial landscape politicians have thrown us all into. This discussion made me a new subscriber. Keep up the good work.
Is this a Canadian channel? This lady is so neutral and respectful with her questioning. Great show, grateful, stay safe.
Doug Casey speaks the truth. When he speaks, people need to listen. He's always two and three steps ahead of the pack. Thanks for having him on!
? congratulations Doug cost you 30% in the last year😂
LOVE Doug Casey! Great work nice lady, Charlotte, for getting him on.
This dude is extremely smart and not falling for the global bullsh@t game that's rolling on without real opposition in the U.S.
? congratulations Doug cost you 30% in the last year😂
Nice to see Doug Casey in the lime light again.
Charlotte, great interview, never heard Doug so open and sincere, you are ultra polite and to the point!
Nice Tshirt! Some, and all in healthcare, still enforce it on themselves and others. Also, it's so refreshing to hear from someone,an independent thinker, like Doug thoughts , actual thoughts! I'm starved here in Canada, everyone just want take it easy and rather not think what's happening and what's coming.
It is not just in Canada.
Canada's socialist government has already shown its readiness to take the Marxist approach to control and crush opposing opinions. The future is bleak.
@@dhrabarchuk I know. The lazy brain symptoms are everywhere.
Thanks so much. I am a basic member of Doug's Phyle and I enjoy hearing him speak freely
So refreshing to have a classy and smart host interviewing an equally classy and smart guest. Excellent interview. Thank you both.
? congratulations Doug cost you 30% in the last year😂 Guys an idiot and has been predicted ting depression for 42 yeas. I like to say, what we learned from the Internet is nobody learns anything by researching the internet.
Always enjoy Doug Casey. Thanks for bringing him on. He is one of those authentic people who put his money where his mouth is & lives his ideals.
Currently, it is taking future debt to pay for current debt which seems to mean our system is a form of a Ponzi scheme.
….with an enormous military to make sure we accept it. Not gonna end well.
Exactly
Yes and look what happens to those.
I think we'll have another great depression unfortunately.
Doug Casey is a great investor and makes great points! Great guest!
great
One thing for sure, Doug sticks to his story. Gotta love it! He’s stuck to his story since the Phil Donahue show. That’s longevity! Stay healthy Doug 🤜🏻🤛🏼
23:28
YOU WANT TO BE WAY TOO EARLY TO PREPARE, OR WAY TOO LATE?
one of the best DC interview ever, congratulation and thanks, both Charlotte and Doug. great insights, great sequencing of topics.
There is a little bit of Doug talking to the granddaughter he never had in this interview.
Telling her the truth and what he believes because he feels she must know, but doing his best not to scare her away from his teachings.
I love the intelligence that Doug bringsto any conversation. Loved following along with the transcript. Thanks
Great interview with good questions and allowing the guest to speak without interruption. I would have been tempted to use 'Gold will be re-allocated as money' as a video title. Just wish Doug had elaborated on the how and why of the decline in South Africa.
Excellent interview. You really know how to interview Doug Casey and he’s always interesting and beneficial.
Great guest and interview Charlotte...thank you.
My plan is to get further out and away from society and people in general. I don't want to take any blowback from what happens when the masses are desperate and poor. It will likely get very ugly. END THE FED. Gold is money.
Smart
Great interview, Doug seems very knowledgable, But as I've followed the BRICS and it's participants for a few years, there are a few points: firstly BRICS has been operating as a Trading Bloc for over 16 years, where they have been using Gold Commodities and their own currencies to settle their accounts, BRICS has also been heavily investing in Global infrastructure to enable the large part of the world's population to be incorporated into a BRICS lead or Asian lead Globalistaion. rather than BRICS representing just those original founding member countries, BRICS now represents well over 4 Billion people and will continue to grow and ebcome stronger economically and Militarily for at least the next century. This has been achieved through Long term planning with win win scenarios at the core, The Chinese Russians and Indians have been accumulating Hundreds of Tonnes of Gold every year for 16+ years, with China now revealing they have over 25,000 Tonnes of Gold at their disposal, Russia tied the value of the Ruble to Gold in 2022 and like China also have set up Oil-Gold ruble swaps. but China now has 45 countries ready to trade in the Yuan (in just One year). This has been achieved through Russia standing up to NATO in Ukraine which has exposed the almost unbelievable weaknesses of NATO (30 countries unable to supply Ukraine with enough weapons systems or ammunition to defeat Russia, despite having eight years to plan train arm and fortify Ukraine to destroy what the US Neocon War mongers thought would be an economically wrecked country that would be a Push over??? In fact Russia on a Miniscule military Budget, has leap frogged over all NATO countries in Military technology! Not just the Two versions of Hypersonic Missiles, Russia also has Nuclear powered Drones, with unlimited range, loitering and evasion capabilities; One is a Submarine drone that can take out any ship, including Aircraft Carriers, making all the Trillions in NATO Carrier Battle groups, obselete. The Other Nuclear powered drone is an Aerial Drone with the same capabilities (unlimited range, loitering and evasion capable). On top of these technological advances, (minaturized nuclear power plants, the Aerial drone appreently has a secret Nuclear propulsion system?) Despite the US and NATO countries spending Untold Trillions on their military industrial complexes and on wars against small nations, NATO has become stagnant, bloated wasteful and incompetent. (WHERE has the money gone who has profited while the US has been bankrupted; Recent revelations showing that Zelensky and Ukraine generals have skimmed off $400 BIllion in donated funds to Ukraine, not counting the massive amounts of weapons that were stolen by these people to be sold on the blackmarket, there have been similar stories of this sort of corruption in the Trillions wasted in Afghanistan and Iraq.
Russia has risen from the complete disintergration of the old Soviet Union, where the soviets also had a Bloated wasteful stagnant military that was complteely corrupt, we can see the parrallels with the US Military empire today. Unlike the US though, which operated on the Biggest Bully in the world premise to maintain it's power Russia first developed purely defensive systems and deterents to attack, with the most comprehensive Air defense & Area denial systems in the world, before developing the most devastating second strike systems in the world, with little waste or corruption, in the US we see Biden taking 10% for the Big guy off every dodgy deal Hunter Biden can organise. I have no idea about Putin's supposed wealth which I feel has been largely exaggerated by the CIA and the US Neocons to demonize and denegrate Putin. Xi actually rose to power on an Anti corruption platform which he carried out ruthlessly and to his favor on his rise to power, something we in the west should realise is that No system can function if it has been corrupted. (I'll leave my rant at that).
Thank you for your rant !
Am sending it to friends. 🤗
Thanks for your detailed post, pretty much agree with everything except for that the ruble has been tied to gold, at least not officially, in fact last time I checked ruble has been significantly fluctuating against gold price and even TASS news themselves refuted that claim a few months ago. In any case, perhaps and probably the goal is to do so, but I think it hasn't happened yet.
missed the lesson on paragraph formation?
Good interview Charlotte, it's interesting to hear Doug and compare his views to Lobo (his student) and Rick Rule, Jeff Clark, etc. All seem to like gold & silver... and uranium. Some differ on platinum.
I've followed Casey ever since "Crisis Investing", and to beware of dangers including government, more so than just investing. "Keep what you have and stock up on those things you will need".
The reason things are bad are because of the sheeple all going along with it, not getting involved, not staying informed, not able, nor ready, nor prepared to do battle with the domestic enemy...our crooked politicians and big bankers. And me? I'm just sittin' here watchin' the wheels go round and round. I really love to watch them roll. In essence, I'm just passin' through. Good luck and much love to all.
Stock up on food and ammunition. Lie low and be vigilant.
Don't be afraid to sell any asset that has had a recent spike in value.
I remember how bearish Doug Casey was way back in the early eighties , just before the boom in the financial markets that lasted for decades afterwards. He was clearly in error and his outlook was documented it in his book entitled "Crisis Investing" I'm not sure why anyone takes him seriously as an investment advisor.
Peter Schiff is like that, and his basic understanding of FR banking is great... But his investing track record would break your bank.
Doug Casey is awesome! Thank you for the interview!
Stormy weather ahead ? That's Trump's line . Having faith in our government right now is extremely dangerous. Doug = instant thumbs up !
Doug and Charlotte -- thank you both for the interview! Although now I am slightly MORE worried... : (
I retired and moved to Thailand 14 years ago. I was not a stranger to Thailand having a long history of living , working and traveling ther since I first came to Thailand in1968 from Vietnam as a GI on R&R. After graduating from college on my G I bill I was able to work internationally for various oil companies that had me working in Thailand on different projects for 6 years.
What I saw over the 55 years that I had visited was a 3rd world agricultural country developed into a very modern industrial country that today exceeds the U.S.A in many areas including the standard of living,
I am sure that there will be a world wide economic depression in the future but I believe Thailand will fair well in the situation. On thing I am always reading is you will need gold to survive and that is the one thing that 95% of the Thai population has. In every city small or large there are gold shops and the Thais use them. No need to search for a gold shop since there are thousands of them through out the country. Anyone can use them including tourists.
In addition Thailand has hundreds if not thousands of brand new modern factories many built by America, Japanese, European and Chinese companies. Thailand also has a health care system that is actually better than the U.S.A when it comes to providing health care to its citizens, there education system also is superior than the U.S. for providing an education for it's citizens,
For all the above I feel I will be in a much better situation in Thailand than America in the event that the world has another depression.
I'm with Doug.
75% of my net worth is in land, Gold, and Silver....all physical.
10% is in tools, equipment, guns and ammo.
15% cash.
100% of my faith is in Yahweh.
Hmmm way to go. We'll done
Great guest Charlotte keep up the fantastic work!
Enjoyed the interview, very informative
Great job interviewing and good questions. Short, sweet and to the point. Subscribing now :)
The local community and the power of choice of the individual needs to be paramount.
Classic Doug Casey. I completely disagree on the Singularity thing...but I love getting his take on resources and geopol
Charlotte - so great to see you still smashing it with so many ongoing high calibre guests like Doug, EB, etc
- Rick R has another boot camp very soon; I suspect he may oblige if your fast!!
This is the first time I've heard Doug Casey speak. I'm grateful for the investment perspective. I'm even more grateful for being shown someone that I can identify with and admire.
Doug rules. Great interview Charlotte
With all due respect to Doug and pple like Peter schiff, they've been talking about gold for the last 13 years. And anyone who followed them missed the greatest stock market run in history.
True...but it was a run fuelled by quantitative easing only. Thus a bailing out of the Fiat global monetary system. So Peter & Doug still have my respect
It's a great savings vehicle
Just because somebody owns school doesn't mean that they don't own stocks. In fact Doug is big into the market
WHAT A PLEASANT EXPERIENCE !
Both of you … lovely !
Thank you …
🤗
Thank you for the interview Charlotte. It is the first one I heard on your channel.
Charlotte, I live near Toronto, Ontario, Canada. Where do you suggest I go to buy a gold coin or silver? Any suggestions?
Charlotte another great show for you and Mr. Casey!
A wonderful discussion. Thank you
I’ve seen his interviews on a few other finance/economic You Tube channels and he always strikes me as being very sensible and knowledgeable in his outlooks upon the U.S. and world economy. Please do have him on again, at some point in the future. 👍
Great interview. Casey has always been a straight shooter.
Have you ever interviewed Catherine Austin
Fitts?
Sincere question.
When all this takes place. Many (probably a majority) will not be in a good place. People get real desperate when they get hungry and even worse when they can't feed their babies. People will do things they would have never previously considered in order to survive. How would you use gold or silver when the system collapses. It seems to me, word would spread far and wide very quickly the first time it's used.
Always great listening to Doug, and loving the cool and calm interview style from the super pretty host!
That was an excellent interview Charlotte. Thank you
Thanks Doug nice to watch you one on one
The man , Doug Casey
Spent my summers in Alberta! Beautiful place and wonderful people. My moms people helped settle the province.
Nice. Ontario good too. 😉 Canadian native groups in Alberta and N. America for thousands of yrs before settlers (my family too.)
Thanks a mill for the chat🙏🏻
Really enjoyed this conversation. Thank you!
Good info again, thanks, Charlotte 😊
Absolutely not* offended by the shirt, Doug
Awesome interview!
"But the evils of paper money have no end. Its uncertain and fluctuating value is continually awakening or creating new schemes of deceit." - Thomas Paine 1788
Now, imagine the "new schemes of deceit" applied to a federal digital currency.
Link to T-Shirt please! Awesome. First time viewer. Huge fan of Mr. Casey. New subscriber. Congrats.
For someone so young Charlotte, you are clever enough to concern yourself with future financial well-being. I'm as old as Doug and have been through 4 major stock market crashes. Had I taken an interest in financial fundamentals I would have better followed the market so as to not get burnt by holding stocks in a market crash.
Dang! This past 10 years has broken my heart! I've watched Doug Casey, and Mike Maloney age really fast! Mikes hair lost all color and he looks fragile, Doug never had much hair, but he's lost more, but damn! It looks like he's been drinking a lot? I wish these guys the best! They educated me when I was 40 in 2010 after the "Great Printing".
I started watching Peter Schiff, in about 2006. He too has gone grey and aged a bit. As Have I. But he has stuck to his thesis, through thick and thin. But always makes sense.
Good interview - helpful
Great call on the nat gas. When I saw it at 2.05, I couldn't help myself. I've been looking for great buys for years and haven't seen anything cheap.
Doug Casey sounds like a realist
Doug is DA MAN !
Love this man! Pay very close attention to what he is saying.
Thanks Doug, you're a real one!
@33:40 Charlotte Mcleod gets touched with emotions by Doug Casey's fond words for rural living, so did I. LOL
Does anyone else out there wish there was a 3rd party? I know there is the Libertarian party but they cant seem to get competitive candidates..I feel with our ability to communicate, we could find someone who has the brains and the vision to bring this country together, there has to be someone smart enough to figure this out...I think we all want the same things basically and that people are good but very stressed and worried. Fear makes us act in unfortunate ways. I feel like there has to be a better way....
Vote for Robert F Kennedy Jr he will turn things around
Love your T Shirt !!!! ❤ Good health & happiness to you both.
Charlotte 💛
That was great Doug Casey!
Thanks that was super i really enjoyed it
An ounce of gold has, for thousands of years, bought a good suite and pair of shoes
I love this man's to the point thinking.
Great interview
Mr. Casey, What do think about Paxos Gold Stable Coin on a blockchain? So many countries are joining Brics, keeping their own currency, but backing it up with gold. Does it make sense to exchange my dollars with a country’s currency that is backed up with gold. If yes, which country’s currency that isn’t potentially scary?
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
Good show.
Singularity is as evil as is AI. I profoundly disagree with Doug regarding these issues. They are both as bad as Central Bank Digital Currency
What Canadian oil and gas companies should we look at?
SOIL....TSXV
SATURN OIL AND GAS
Check the numbers
Don't worry Doug. You are far and away my favorite pessimist. Your gloominess is based on clear thinking. You always tell it like it is to the best of your ability , which is considerable.
Doug is spot on!
Thanks
Great information with this gentleman… !
Excellent report
Not knowing anything about buying gold, would it make sense to buy smaller denominations rather than large, also where is the best place to buy in Australia..
Gavin Newsom promotes Central Bank Digital Currency and homelessness.
deep state POS minion
Charlotte is looking beautiful and giving Danielle Cambone a run for her money! Great interview with the brilliant Doug Casey, a super sharp mind and worldly historian! I haven’t seen him in a while, but I like hearing his outlook as he thinks on a much higher level than the average bear! Does Doug need a hired hand on his Uruguay farm?!? I’m ready to ditch the Houston area before it becomes more “chaotic” than it already is. I would work for fresh beef, pork, chicken, fish and fresh veggies.....
Not a competition. They’re both good.
FYI, Australia does not have a Fractional Reserve system. Instead in the Australian Reserve Bank words, "The creation of money is n0t directly regulated, though the Reserve Bank of Australia does influence heavily changes in the cash rate which, in turn influences bank lending rates and the appetite for borrowing and the provision of deposits." I understand that they like a single blunt club," interest rate settings" and the rest can sort itself out. Left in quandary whether its better or worse than fractional reserve and perhaps its is the financial environment at the time that really shows what would have been best. Hindsight and a shrug perhaps.
Economic investigator Frank G Melbourne Australia is still following this very informative content cheers Frank 😊
a year on DOUG WAS RIGHT, gold was US$2030, now its US$2330, so buying gold back than when everyone though it was high was a good move, just like buying now seems expensive, but it will look cheap when its US$2800
Thank you!
Why coins over 1-oz.-bars with assays?
Great job Charlotte
How can you invest your fiat money in banks and how will you be able to buy food and water and pay your accounts
Stores are running out of Physical silver I can barely get any here in Michigan. I bought liberty gold corp but want to know how to buy more physical
Charlotte, your hair looks great!
Excellent guest❤❤❤
Can you please explain how to use gold or silver to pay for things like groceries… gas etc… ? If a gold coin that you paid $1925 is used to buy gas, how do you make change?
You buy smaller amounts of Gold than 1 ounce. Like 1/10 oz. Or you use silver as it is cheaper than gold for the lesser priced items.
I read his first two novels and LOVED them but the third one Assassin is not available at our library. I am a poor senior and cannot afford to buy it. I am wondering why it is not available in the library.
That has to do with the library and nothing else.