Doug Casey: Gold is Going Higher, We are in Another Bull Market
Resource stocks and gold are currently very much unloved and that is good because they are cheap and under-owned. Doug is currently gold bull since "all of the currencies of the world are just floating abstractions issued by bankrupt governments for political purposes."
Time Stamp References:0:40 - Doug's early interests.2:40 - Where we are in the gold market.4:00 - China and Russia will lead.4:45 - Previous gold bull market.7:20 - Experience and wisdom in investing.9:00 - Bullish on uranium.11:45 - The greater depression.15:00 - Favorite books and authors.17:20 - His novel series.
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