Doug Casey’s Take, Released on 8/18/24

The conversation covers current economic issues including Kamala Harris’s plan to tackle price gouging, investment strategies in the face of potential economic crises, and the viability of uranium and lithium stocks. Doug shares his personal experiences, investment advice, and thoughts on topics ranging from cryostasis to real estate.

00:00 Introduction and Today’s Historical Events
07:22 Kamala’s Plan to Tackle Price Gouging
10:26 Michael Jan’s Advice for Tough Times
20:57 The Nord Stream Attack Scenario
24:16 Investment Strategies in Uncertain Times
26:51 Investment Preferences: Resource Stocks and Cattle
27:19 Critique of the Rules-Based Order
28:57 Asset Allocation Strategies for Crisis
31:22 Swiss Franc as a Hedge Against Volatility
33:25 Lithium: A Volatile Investment
36:28 Challenges of Owning Rental Property
38:59 Cryostasis and Philosophical Questions
41:56 Reflections on Speculative Investments
45:47 Finding Joy in Simple Pleasures

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.