Doug Casey’s Take, Released on 1/5/21

Is Bitcoin in a bubble and about to burst? In this episode, we talk about bull markets – what drives them, what causes bubbles, and how to invest.

00:00 intro
3:04 soybean example
5:17 boom/bust cycles
10:50 gold miner stocks will be lucky again
12:05 Doug’s favorite gold stocks
12:26 Bitcoin in a bubble
14:00 reason it will go higher
16:05 bitcoin supply parallel with gold
19:14 the trend is your friend
23:24 what to do with the money after you sell
29:50 A long term asset
32:55 How to know when Bitcoin hits bubble territory

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.

  bitcoin, financial bubbles, gold, gold miners