Guest Post by Doug Casey at InternationalMan.org: International Man: The economic, political, social, and cultural situation seems to have become increasingly volatile in the United States and more broadly in the West. Is this a unique situation or part of …
by Doug Casey, International Man International Man: The Social Security Administration recently announced an 8.7% cost of living adjustment for next year. That’s the largest increase in over 40 years. It represents an additional about $100 billion in annual spending for Social Security. …
by Doug Casey on International Man: International Man: It’s that time of the year when a bunch of out-of-touch, self-anointed elites gather at the World Economic Forum in Davos, Switzerland. It’s where they discuss the big issues of the day. …
by Doug Casey on International Man: International Man: With nearly $10 trillion in assets under management (AUM), BlackRock is the world’s largest asset manager. The company exploded in size after the 2008 financial crisis, and that’s no coincidence. Central banks around …
by Doug Casey on International Man: International Man: Recently, we’ve seen people riot over rising prices—especially food prices—in Sri Lanka, Peru, and other countries. What is going on here? Doug Casey: Commodity prices have generally gone up close to 100% in …
Via International Man International Man: Interest rates are simply the price of money. They have an enormous impact on banks, the real estate market, and the auto industry. It’s hard to think of a business that interest rates don’t affect in …
via International Man: It used to be that America was a country of free thinkers. “Say what you think, and think what you say.” That’s an expression you don’t hear much anymore. It’s much more like the world of 1984 where everything is …
Via International Man International Man: Politicians, the media, and large corporations promote solar and wind energy as replacements for fossil fuels. Western governments are trying to pick winners and are subsidizing wind and solar energy to the tune of billions. What’s …
Via International Man International Man: Inflation, as measured by the government’s own crooked CPI statistics, recently hit a 40-year high. What is going on here? Doug Casey: The Consumer Price Index (CPI) itself has been totally corrupted over the years, …
Via International Man International Man: Communist and socialist ideas are growing in popularity among the millennial and Gen Z generations. In fact, the majority of young people dislike capitalism and favor a more socialist or even a communist economic system. …
Via International Man International Man: Oil is one of the most political—and politically incorrect—of all the commodities. That makes the oil market fertile ground for the speculator, who looks to take advantage of politically caused distortions in the market. What …
by Doug Casey International Man: What makes uranium attractive as a speculation? Doug Casey: First of all, consider simple physical reality. Uranium is the cleanest, cheapest, and safest form of mass power generation. I understand that most people will be shocked …
Via International Man International Man: There’s no doubt that the carbon credits racket will be a drag on the economy. What do you think will happen, and is there anything you can do about it? Doug Casey: As we discussed last …
Via International Man International Man: Western countries are leading the charge in restructuring their economies around the issue of climate change. They’re committed to a comprehensive agenda to “decarbonize” their economies by 2050. What’s your take on this? Doug Casey: To sum …
Via International Man International Man: What exactly is insider trading? Is it inherently unethical? Doug Casey: The term insider trading is nebulous and as open to arbitrary interpretation as the Internal Revenue Code. A brief definition is to “to trade …
by Doug Casey International Man: What exactly is insider trading? Is it inherently unethical? Doug Casey: The term insider trading is nebulous and as open to arbitrary interpretation as the Internal Revenue Code. A brief definition is to “to trade on …
Via International Man International Man: The economic, political, social, and cultural situation seems to have become increasingly volatile in the United States and more broadly in the West. Is this a unique situation or part of a recurring historical cycle? …
Via International Man International Man: Ever since the outbreak of the Covid hysteria, government control over everyday life has reached unprecedented levels. Petty bureaucrats now exercise control over who can open their businesses, whether you can go to a restaurant, …
by Doug Casey International Man: The mainstream media can dial up the fear in society much like you can with the thermostat in your house. And right now, they seem to be cranking up the fear to hysterical levels. Governments are …
via International Man Stocks, bonds, and urban property—conventional investments—aren’t cheap in today’s investment world. Because of the trillions of currency units that governments all over the world have created since the start of the crisis in 2007, financial assets are grossly …
via International Man Editor’s Note: The 2020s are shaping up to be a volatile time on multiple fronts. Globally, the Covid-19 pandemic has ushered in the most extreme government controls in history. Censorship is growing rapidly in the West. Economically, the …
by Doug Casey via International Man Everyone who devotes any attention to investing inevitably develops his own specialties, approaches, and methods. In other words a style. There are many paths up the mountain, and all intelligent methods have merit. But the …
Via International Man International Man: What personal and psychological blind spots and limitations should a speculator be wary of? Doug Casey: There is no question that your biggest enemy in the markets is your own psychology. Everybody suffers from fear …
Doug Casey’s Take, Released on 6/23/21 00:00 Intro 0:21 Library envy 3:29 Shelf space science, but where are the goods? 5:54 Cars & Chips 11:54 Retail Federation begs Biden 15:02 No trucks 16:40 Oblivious to complex systems 19:02 Raven rock …
via Internationalman: International Man: What is a speculator, and why do they have such besmirched reputations? Doug Casey: Let’s first define a few terms. Most people bandy words around without a precise idea of what they mean. If a person can’t …
Via International Man International Man: After almost 20 years, the US government announced it is officially leaving Afghanistan and is pulling its troops out of the country soon. What’s your take on this? Did the US government accomplish anything? Doug …
Via International Man International Man: According to the recent Bureau of Labor Statistics (BLS) jobs report, only 266,000 new jobs were created in April—well below the one million new jobs that was expected. At the same time, American businesses are …
