Doug Casey: Don’t Buy Gold - The Miners Have Way More Upside

Doug Casey of International Man argues that the United States is entering a period of economic, political, and geopolitical decline that could culminate in what he calls a “Greater Depression.” Casey also discusses how he is positioning and why the miners may be better than gold in this leg.

Doug's links:

https://www.youtube.com/@DougCaseysTake

https://internationalman.com/

https://x.com/RealDougCasey

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0:00 Is the American empire in decline?

2:13 Why Doug Casey thinks the Iran conflict will continue

3:56 Is Hormuz America’s Suez moment?

9:03 What declining U.S. power means for the global order

13:27 Why institutions like the UN are breaking down

15:46 Doug Casey’s “Greater Depression” thesis

17:16 Why more Fed intervention could make things worse

20:49 Political polarization and the risk of civil unrest

26:00 Why Casey thinks a genuine civil war is possible

27:30 Socialism, fascism, and capitalism defined

31:05 Why political solutions won’t fix the problem

34:06 How individuals should prepare

37:16 Gold, mining stocks, and protecting wealth

40:59 Could governments confiscate gold again?

43:12 Diversifying outside the United States

48:28 Foreign currencies versus precious metals

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