A Rough Road Ahead: A Candid Talk with Mining Legend Doug Casey

#2024 #inflation #gold #stockmarket
In this insightful interview, we sit down with the legendary mining investor and commentator Doug Casey. Join us as we delve into a range of topics from the recent political shifts in Argentina, the principles of anarcho-capitalism, to Doug's strategies for navigating the impending economic crisis. Doug, joining us from Argentina, shares his unfiltered opinions on government overreach, the future of global economies, and the best asset classes to invest in during these turbulent times. Don't miss this opportunity to hear from one of the most influential figures in the mining investment world.

0:00 - Introduction to the Interview with Doug Casey
1:19 - Political Changes in Argentina and Analysis of President Javier Melee
2:28 - Doug Casey on Anarcho-Capitalism and its Principles
5:10 - The Role of Government and Individual Rights in Society
7:40 - Economic Analysis: Inflation, Regulation, and Free Markets
10:50 - The Deteriorating Middle Class and Government Overreach
13:05 - Private Security and Healthcare in an Anarcho-Capitalist Society
15:38 - Gold Market Trends and Economic Predictions
18:29 - Future Economic Outlook for North America and Global Trends
21:40 - Real Estate and the Shift in Consumer Behavior
24:00 - The Canadian Economic Landscape: Oligopolies and Industry
26:06 - Comparing Political Leadership in Canada and the US
27:05 - Investment Strategies and Asset Classes for 2024
30:28 - Doug Casey's Most Successful Stock Picks and Investment Wins
33:06 - The State of Junior Mining Stocks in the Current Market
36:07 - The Challenges Facing Small Resource Companies in Canada
38:21 - Future Predictions for Junior Mining Stocks and Market Trends
41:13 - Closing Remarks and Gratitude for the Interview

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[conradlohutko]

The best government is the government that governs least.

[dwaynecarroll]

Silent depression that started in 2008
we have been in it for 15 years

[robertjosan]

Excellent discussion about fundamentals

[linmal]

Great definitions by Doug Casey. Spot on political descriptions.

[gzme]

I can understand the attraction of communities providing for themselves. It does seem like there's a tonne of inefficiency, unintended consequences, and plain grift in government. The social safety net seems to have gotten too big and be more about giving a man a fish (keeping him reliant) rather than teaching him how to fish (and become independent).

But what about those who genuinely can't provide for themselves by providing some value to the community, due to sickness or other misfortune? In Asia these people are often cared for by family and there's much less of a welfare state. But my fear is wouldn't a lack of safety net eventually drive those people to crime, and this end up being the justification from the more elite groups for the 'elimination' of people who are doing those crimes against them?

I see the risk of this system that you end up moving toward an even more divided society, like in south Africa you see wealthy compounds, private security, and abject poverty around it.

If the fair objective of society would be social mobility and ability of anyone to pull themselves up by their boot straps, I would say for its faults that the current British or American system is clearly preferable to something more like what you see in south africa

Genuine Interest in how you see it in this system that opportunity can be fairly shared between those born as 'haves' vs 'have nots'?

[jeanpaulfelix]

The bottom is in, in the resource sector. No new supply coming to market, sentiment is abismal after 10 year downtrend. ANY supply shock will send them soaring.

[brucerobtoy]

Hey Doug did you know George and his buddy are about to visit you in Argentina soon?

[Qudrates]

if luck is when opportunity meets planning or when the student is ready to learn and reap the benefits, then i am lucky to have discovered Doug Casey.

[JoeEvermore]

In 1945 a worker could buy a small house in Australia for a year, s basic wage.

[davidrandall]

Mr Casey give us advice on ranching cattle in Argentina, I know you own a ranch or two down there can a man make a living off the land there sir ?

[iamiamWe]

We are divided. It seems like civil war is inevitable. Gov has become more evil and untrustworthy every day. Nothing is voluntary anymore. You should research and do a video on volunteerism and agorism. Counter economics and building parallel markets, networks, and systems seem like a golden opportunity.

[craigfaille]

Is there another country with a solid industrial sector I could take my pipe trade tickets to and prosper?

[paulwilson]

If it wasnt for the World Reserve currency, the US would now be similar to Argentina, before Millei was elected. It will become like that as the Global South & East turn their backs on USD & Treasuries.

[donaldbelanger]

I am pro technology we have the technical ability to govern our shelves I sure hope the younger generation see and start that ball rolling and get rid of the dollar we need a none inflammatory store of wealth system decentralized wealth

[douglaslindner]

Agree, will watch a dn listen to Doug anytime!!!!

[aaronb]

If Milla wanted to fix argintenan he would start a gold standard (acountibility for government spending)

[conradlohutko]

Mid tier gold and silver mining stocks are finally starting to rise from the ashes. They lost 50% since 2019.

[dwaynecarroll]

Shippers of oil products, clean and dirty
midstream energy, pipelines. Energy infrastructure
Think AUS coal mines, Japan coal mines
Think high dividends and value plays right now
Think ETFs that pay monthly dividends using buy/write or covered calls strategies
Increase your free cash flow, maximize it.

[josefbery]

Let's see if I understand this?
The new Argentinian president is....different.
But he has old staff members from the previous administration.
How does the same ex-JP Morgan employees and other crime syndicate participants make the new administration....better?
Just

[conradlohutko]

2022 was the worst year for losses in mining stocks, not 2023.