Doug Casey’s Take, Released on 12/1/23

00:00 Intro
The legacy of Henry Kissinger (00:00:02)
Discussion on Kissinger’s influence, reputation, and his role as a behind-the-scenes manipulator.

Gold mafia and money laundering (00:05:54)
Exploration of the use of gold in transferring money outside of official channels and the implications of money laundering.

Panama’s shutdown of a major copper mine (00:11:27)
Analysis of the shutdown of a large copper mine in Panama and the questionable actions of the Panamanian government.

The gold mafia and corruption in Africa and Dubai (00:13:59)
Discussion on money laundering and the use of gold in transferring money outside of official channels.

Mining as a business and the influence of governments (00:15:02)
Exploration of the challenges and dangers faced by mining companies today, including government interference and NGO demands.

The small principalities in Europe as places to live (00:23:08)
Opinions on the small independent countries in Europe, such as Liechtenstein, Andorra, San Marino, and Monaco.

The President of Argentina and his association with the World Economic Forum (00:26:34)
Discussion about the moral test for the President of Argentina and his attendance at the World Economic Forum.

Questioning the motives behind the President’s religious conversion and meetings with prominent figures (00:28:48)
Conversation about the President’s change in religion and his meetings with rabbis and Bill Clinton.

The potential closure of major banks and the risks associated with owning bank shares (00:31:08)
Discussion about Jamie Dimon’s prediction of bank closures and the potential risks of owning shares in big banks.

The importance of prenuptial agreements (00:38:30)
Discussion on the significance of prenuptial agreements in protecting assets and avoiding common law marriage.

Marriage and maturity (00:40:31)
Exploration of the idea that marrying too early may not be wise and the importance of having a mature outlook on finances and the future.

The value of money and finding balance (00:51:42)
The marginal utility of money and the point at which one has enough wealth, as well as the importance of finding balance and perspective in life.

Giving wealth to children and institutions (00:54:26)
Thoughts on what to do with significant assets, suggesting that it is better to give wealth to well-chosen individuals rather than institutions.

Late-stage wealth accumulation (00:55:54)
Speaker 2 discusses the balancing act of staying active and productive in late stages of life, and the character flaw of constantly seeking more money.

Join our email list to get Special reports and updates: https://dougcasey.substack.com/about

Connect with us on Telegram: https://t.me/dougcasey

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.