Doug Casey: US in Eye of ‘Gigantic Financial Hurricane’
JD Hayworth, Newsmax TV, Released on 6/9/14
Casey said the US economy is in the eye of a “gigantic financial hurricane.”
“It’s my opinion, that perhaps by the end of the year, certainly by the middle of next year, we will go into the trailing edge of the hurricane,” he said. “It’s going to last much longer, be much more serious and be quite different than the unpleasantness we remember from 2008 and 2009.”
Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-written the monthly metals-and-mining-focused investment newsletter The International Speculator. He has authored four books, including Crisis Investing, the top-selling investing book of all time, and Totally Incorrect. His latest novel is Right on the Money.