ITM Trading, Released on 1/24/24

“What I’m really concerned about is the continuing, and I’ve got to say accelerating, degradation, even collapse of Western civilization,” cautions Doug Casey, New York Times best-selling author and host of the Doug Casey’s Take podcast. During an insightful interview with Daniela Cambone, he delves into his perspectives on the rollout of central bank digital currencies, the precarious situation in the Middle East, and the perils of wokeism. Highlighting that beyond financial risks, political risks loom even larger, Casey advises individuals to diversify politically by acquiring a secondary residence abroad and investing in gold. “It’s the only financial asset that’s not simultaneously somebody else’s liability,” he asserts.

00:00 Overall economic sentiment
03:18 Milei’s comments at Davos
6:19 Argentina not joining BRICS
8:01 Peso
9:34 U.S. versus the rest of the world
12:00 Putin
13:47 U.S. presidential election
17:22 Middle East unrest
22:45 CBDCs
27:18 Migration crisis
29:44 How should investors better prepare?
33:34 Donald Trump
34:34 Definition of wokeism

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, Totally Incorrect, and Right on the Money. His latest novel is Assassin. He also published a video podcast called Doug Casey’s Take.

  economic collapse, financial collapse