Stansberry Research, Released on 1/30/23
“The excess money printing is to maintain the house of cards we’ve built up over decades and decades,” says Doug Casey, New York Times best-selling author and host of the Doug Casey’s Take podcast. “Central bank digital currencies are like the final arrow in their quiver, and if the public sheepishly accepts CBDCs, we’ll be one step closer to the serfs,” he warns Daniela Cambone. “The U.S.’s leading export has been dollars, we ship dollars, and they are printed up out of nothing by the Federal Reserve, and they are going to lose the world reserve currency status,” Casey continues. “[China and Russia] are trading with each other with gold, the whole world is going go back to gold and people will trade with gold,” he exclaims. “There shouldn’t be a gold backed currency, gold is currency,” Casey makes clear. “The Ukraine-Russia conflict is just an overture… many of the countries in the world today are going to breakup into smaller countries including, Brazil, Bolivia, all the countries in Africa, France, Span and the U.K.,” he concludes
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.