The Deep Dive, Released on 12/13/24
In this interview, Doug Casey discusses recent events including the United Health CEO shooting and the Hawk Tua meme coin controversy, offering his perspective on what these incidents reveal about societal instability and market speculation. Casey shares his thoughts on Trump’s election victory and its implications, though he expresses skepticism about the proposed Department of Government Efficiency’s potential impact. On mining investments, Casey remains bullish long-term despite current challenging conditions, particularly highlighting copper’s potential due to electrification demands. He emphasizes that while mining is a “crappy business,” historical cycles suggest another major bull market is overdue, with junior mining stocks being cheaper relative to other stocks than ever before. Speaking from his farm in Uruguay, Casey advises investors to focus on brownfields projects and small producers rather than greenfields exploration in the current market environment.
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. He has authored four books, including Crisis Investing, the top-selling investing book of all time, Totally Incorrect, and Right on the Money. He also publishes a video podcast called Doug Casey’s Take and publishes articles at International Man.