Doug Casey’s Take, Released on 5/10/24
In this discussion, Doug Casey tackles various questions from subscribers of Crisis Investing, focusing on the future of the U.S. dollar, strategies for asset diversification and relocation, and the merits of crisis investing. Doug shares his insights on the dollar milkshake theory, the potential of gold as a crisis investment, and offers advice on selecting countries for relocation and asset protection, highlighting Argentina’s prospects. Additionally, Doug debates the merits of maintaining U.S. citizenship, examines the cultural and political dynamics of Latin America, and assesses the investment potential in the Southern Cone and Dominican Republic. This conversation also delves into the geopolitical implications of Ukraine’s potential involvement with NATO, analyzes the societal impact of oppressor versus oppressed narratives, and considers the feasibility of a precious metal-backed currency system in the U.S. amid global monetary reset discussions.
00:00 Introduction to Crisis Investing Q&A
00:17 Exploring Asset Diversification and International Relocation
01:03 The Dollar Milkshake Theory and Global Currency Dynamics
02:15 Choosing the Right Country for Relocation: Argentina and Beyond
04:49 Navigating the Challenges of International Relocation
08:41 The Decision to Renounce U.S. Citizenship
10:55 Cultural and Educational Influences in Latin America
14:06 George Soros and Political Financing Controversies
17:57 Real Estate vs. Stock Investment Dilemmas
22:25 The Process of Societal Destabilization
23:41 Navigating Uncertain Times: Strategies for Preservation
24:35 Investment Insights: Silver, Uranium, and ETFs
26:48 NATO’s Expansion and the Ukraine Situation
28:52 Global Elite, Mass Hysteria, and Social Dynamics
30:42 The Future of Global Currency: A Return to Gold?
33:55 Investing in South America: Opportunities and Risks
37:29 Secure Storage and Asset Protection in Uruguay
39:17 Evaluating the Dominican Republic as a Bug-Out Location
43:22 Closing Thoughts on Government and Stability
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
Doug Casey’s Take: Get Out While You Can… And Where To Go added by Herman James on
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A DAY OF BAD ADVICE FROM DOUG AND SURPRISED TO HEAR HIS SLIGHTLY SLURRED SPEECH.. ITS A TERRIBLE IDEA TO BUY A HOUSE NOW… YES…STOCKS WILL GO UP MORE BEFORE THE STOCK CRASH.AT END OF THIS YEAR.. 2024 BEST NOW TO BUY/HOLD PHYSICAL SILVER WITH HALF IF YOU ARE GOING TO STAY IN USA AND HOLD OTHER HALF OF YOUR HOUSE MONEY IN 90 DAY T-BILLS…AS IN 2025 YOU WILL BUY A HOUSE CHEAPER….JUST CONSIDER CAREFULLY WHERE TO BUY…** IN USA BEST TO BUY SOMEWHEE ON EDGE OF SOCIETY NEAR LIKE-MINDED PEOPLE…OR OUTSIDE USA BUY SOMETHING SMALL IN PEACEFUL COSTA RICA..>> MOST IMPORTANT STAY SMALL…….. .” HE WHO HIDES WELL LIVES WELL…”.
NOTE: IT IS VERY DIFFICULT TO CHANGE COUNTRIES IN THE BEST OF TIMES AND THESE ARE NOT THE BEST OF TIMES…
PS
BEST ZONE OF COSTA RICA TO LIVE IS THE PACIFIC SIDE OF LAKE ARENAL IN NORTHERN COSTA RICA… ITS COOLER CLIMATE AND WITH SANE NEIGHBORS AND BEACH IS 2 HOURS AWAY ON BUS.>>CRUCIAL >> SECURITY IS ALWAYS FIRST …SECURITY FIRST AND STAY SMALL… IF YOU WANT TO BE A BIG GIY ON THE PLANET OF THE IDIOTS…>> YOU WILL JUST BE A BIG IDIOT…