Doug Casey: the west is in major decline, what you can do about it
Vložit
- čas přidán 15. 09. 2022
- Doug Casey, founder of Casey Research, joins Small Caps to share his views on what's taking place in the world, financial markets, where opportunity may be for investors and what we might see next.
Biden's speech as discussed in the interview:
• President Biden delive...
DHS video as discussed in the interview:
• DHS Sec. Mayorkas On T...
Doug Casey's Take CZcams channel:
/ dougcaseystake
-----------------------
Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies.
-----------------------
WEBSITE
smallcaps.com.au/
PODCAST
smallcaps.com.au/podcast/
SOCIAL MEDIA
Facebook: / smallcapsasx
Twitter: / smallcapsasx
LinkedIn: / small-caps
NEWSLETTER
smallcaps.com.au/subscribe/
Thoroughly enjoy conversations with Doug - he makes far more sense than our supposed leaders.
Yes, a different reality; our "leaders" are unconscious, literally!
Then come watch Doug on his YT channel - czcams.com/users/DougCaseysTake
HOW! I would really appreciate if you show me how to go about it. please can you list the platform?
Dm on 👆
Trading is mental game, that is why most people lose money because they cannot control their emotions. Because the prevalent idea of our culture is to effortless indulge and focus on their own pleasure and wellbeing, but controlling your emotions is unpleasant and painful and that is why most traders lose money because they don't want to meet the pain. That is why there is so many drugs, alcohol, obese and fat people, broken marriages and adultery.
Doug is a legend. Great to have him on the show...
"The West" is not in decline, ya doomsday freak. This is the Aquarian Age, It's an Ascension, if you can get those scuzzy little transhumanist, christ denying dyionianists distractions out the way. The west has been saved by an Australian. We don't need central Banks (strike that as 'private banks') or the treasury on a 'proof of work' economic system LOOK!!! >>>>>czcams.com/video/KKO9IVc6Cqc/video.html
Love hearing from Doug.
This man's knowledge is priceless, love hearing him talk. Thanks
I already emptied out my bank. Turned it into metals. (Gold, silver, lead, steel.)
I mostly did too and, ironically, the bank sent emails that they will pay more interest. Don't care about that now.
@@donh5794 Lol!
Yeah, their interest rates are turd. Honestly, I need at least 5 percent in general to even care.
Factor in inflation? That fugure jumps.
Doug is absolutely correct about debt. When I was early twenty’s I took out student loans and had I decently high credit limit. Took full advantage of both. Took me just over 11 years to pay all that off. The interest alone is a killer. Glad that is behind me because I sleep much better knowing I don’t own anyone anything. Never doing that again.
Doug you are 100% spot on. 👌
Doug is such a valuable guest and has a wealth of knowledge. Every time I see his name pop up, I immediately click.
Kerry is a good interviewer, not afraid to call out conflicting comments and ask for clarification.
Doug's right in the stocks and ETFs he's buying. I've stuck with lithium, uranium, natural gas and oil stocks and ETFs and still made money overall in 2022, despite the stock markets falling.
There is a HUGE difference between paper gold (ETF's traded in the stock market) and physical gold held at home. At the moment the two fetch the same price because they are bundled together however when the global economic crash happens and its imminent, you will see paper gold go south in price and physical gold go to the moon because its been held down by deliberate manipulation for so long. In many instances, over 60,000 of those ETF's have been written against the same one 1oz of physical gold, so you can imagine how many people are going to get burnt when they try to redeem their ETF's for physical gold. They will soon find out what 'or the like' means where it reads 'Redeemable for physical gold or the like' in their PDS.
This is why BASEL III last year put PHYSICAL gold on tier 1 and announced "Physical gold held at home is the ONLY asset that holds no counterparty or political risk". Not ONE of the only but THE ONLY asset.
Physical gold has had an impeccable record as sound money and a hedge against inflation for THOUSANDS of years. It has the broadest base of buyer in the world, making it the most attractive tangible asset one can own. This is why governments and central banks have colluded with big business to suppress the price of gold via ETF's and by allowing companies like JP Morgan to blatantly manipulate the price of gold without any serious repercussions. The last time JP Morgan was caught manipulating the gold price (earlier this year), they made a 20 BILLION dollar profit from it and the courts fined them just $962 MILLION dollars. I think it's fair to say that most business people would consider a less than 5% fine as just another cost of doing business wouldn't you? The reason the government allow them to get away with this illegal and immoral behaviour is because a rising gold price is an indication of a failing currency.
No political risk? Forget about that time in 1933 that they confiscated it? And no mention of silver? Been used just as long as gold and never got confiscated... in the US at least.
@@itoinc1026 I can't see them banning gold again because unlike back in the day, people these days have little, if any trust of the government. If the government said to hand in your gold or else, everyone would just go with the 'or else' today. Once gold is in the community, there is no tracking it which is why they hate it so much.
As for Silver, I own that too however it is the 2nd monetary metal and I was focusing on the 1st monetary metal in my post.
Exactly Helen!
Masterpiece! Well said and well read individual.
@@Alexandrite.101 lovely to see people jumping on 'GODS MONEY'
Brilliant interview, I appreciate Doug’s take on these matters.
God help us, our government won't.
He will.
Thoroughly enjoyed this discussion looking forward to Doug returning soon. Very easy to listen to.
Small Caps does the best interview with Doug Casey!
😊Bidens speech seemed like last stand speech to try to scare people away from Trump who the Democrats and the WEF are scared of because he may not follow their agenda as he is for energy and against the crossing of the boarder .
Don't forget Biden s mentioning F15s against citizens guns.
I’d agree with you. If I believed votes counted and Trump wasn’t an actor playing a part. Like all “world leaders” are and do.
Gold & silver people, always been real money always will be.
Please, don`t worry about us poor people. We`ll struggle, fight, shovel and plow our way through every mess you`ve created and thrived upon. We`ll be, as always, just fine.
Yes, left unmolested by Psychotics, we all can do well. Psychopaths must be killed.
Casey talks about Marxism and collectivism but the reality is that all the globalist that are destroying the world obtained their wealth through capitalism. There is some truth in what Case says but don't leave out capitalilsm. Savage capitalism is as destructive as marxism....
Childrens toys🤣...........love Doug..straight talking
That was a good one.
The "West" includes Australia?
If the USD fails, how is the AUD still pegged to it? It's like we are another US state like Nevada or something.
Yes obvious at this point the West is one block
A one world government coming to a town near you.
Another state, With a better accent and better looking women.
I’m not a big non fiction fan but Doug mixes in a lot of his takes of current events in his books. Highly recommend the trilogy if you want to get inside his head or get alternate opinions to the mainstream. Similar to Atlas Shrugged in a way in my opinion.
A clearly rational conversation while the governments of all nations act insane.
Yes, the Psychotics must be culled.
Windmills take more energy to make than they produce over their lifespan. It's like spending $2 to save $1
One wonders what a child born 30 years from now will make of seeing pictures
and films of America in the 90's and seeing a affluence society with
totally different demographics and culture- how will they understand what they
will see when compared to their current life.
At that time probably 4% of the global population will be "white".
Doug speaks the truth.
Read Peter Breggin's book:
Covid 19 and the global predators: We are the Prey.
It explains what happened over the last 2 years!
Thank you for mentioning this. For anyone interested, "Covid-19 And The Global Predators: We Are The Prey" can be read or downloaded for free at the following:
ia902208.us.archive.org/29/items/covid-19-and-the-global-predators-we-are-the-prey-2021-peter-breggin/COVID-19%20and%20the%20Global%20Predators%2C%20We%20Are%20the%20Prey%20%282021%29-Peter%20Breggin.pdf
What a great interview. The best current trade is stopping governments getting their slippery hands on everything we own.
Simply kill the population's 3% psychotics.
Totally agree with every thing you have both said. Thank you
whatever happens in the USA, remember the EU is 3x worse.
How so
@@plantmanstudios they have printed currency without resources.
@Helpm'boab stop being so extreme right wing.
Not true.
@@plantmanstudios watch some of the presentations by Peter Zeihan for background on the economic forecasts for Europe.
I love your books Mr. Casey, please write your new book asap. Peace soon. Out.
Hi Kerry, really enjoyed this interview and the way you steered the conversation. Thank you!
I'm new on board , great channel, Hello from British Columbia!!
Great job asking questions by Kerry Stevenson. Expanding on ideas Doug had but didn't fully explain. Thank you both.
Good time to replace things in your home that might be hard to get in the near future. Old HVAC systems etc..
Yes, that is correct, Mr. Casey. Mostly we here in Germany.....
Was gold illegal to own at one time ? Yes, in this country, from 1933 to 1974 it was illegal for U.S. citizens to own gold History repeats it self
But how would anyone know what gold or silver people hold at home. All those lovely Grandmothers with their family silver that no one would even know they had and all of their lovely old sovereign coins and gold Jewellery.
it was only gold coins, gold bullion and gold certificates that were to be turned in for the equivalent amount of other coin, currency or credit to Federal Reserve member banks. The penalty was up to a $10,000 fine and up to 10 years in prison, if you were caught, so I doubt many people were willing to risk it.
@@matthouchins13 how many people were arrested? I suspect if that form of control happens again, they’d have a better ability to do so by forcing banks, credit cards, and dealers to force over their transaction data maybe
@@drprofessor1414
Back in 1933 gold was money, so most owned gold then. Now very few Americans actually own gold and silver, so I doubt that confiscation would even be worth it today.
@@matthouchins13 makes sense. Most people have way more debt than they own gold/silver
Drawing the wide lens back and applying focus. I was cooking at the time when listening to this. Doug's mentioning the Jacobins made me dry my hands and type. We need to hear him clearly. History (and a knowledge of it) is everything.
"They don't love nature, they hate humans"
Yes - exactly.
You know who else hates humans, yes that fallen angel in the Bible and yes he does exist and roams the World looking for souls to devour
Looks like he found a few in the WEF
Great show Kerry thank you!
Insightful as always! Always appreciate Doug's wisdom.
Go Doug!!!
Doug nails the current state of affairs.
"The crisis now unfolding, however, is entirely different to the 1970s in one crucial respect… The 1970s crisis was largely artificial. When all is said and done, the oil shock was nothing more than the emerging OPEC cartel asserting its newfound leverage following the peak of continental US oil production. There was no shortage of oil any more than the three-day-week had been caused by coal shortages. What they did, perhaps, give us a glimpse of was what might happen in the event that our economies depleted our fossil fuel reserves before we had found a more versatile and energy-dense alternative. . . . That system has been on the life-support of quantitative easing and near zero interest rates ever since. Indeed, so perilous a state has the system been in since 2008, it was essential that the people who claim to be our leaders avoid doing anything so foolish as to lockdown the economy or launch an undeclared economic war on one of the world’s biggest commodity exporters . . .
And this is why the crisis we are beginning to experience will make the 1970s look like a golden age of peace and tranquility. . . . The sad reality though, is that our leaders - at least within the western empire - have bought into a vision of the future which cannot work without some new and yet-to-be-discovered high-density energy source (which rules out all of the so-called green technologies whose main purpose is to concentrate relatively weak and diffuse energy sources). . . . Even as we struggle to reimagine the 1970s in an attempt to understand the current situation, the only people on Earth today who can even begin to imagine the economic and social horrors that await western populations are the survivors of the 1980s famine in Ethiopia, the hyperinflation in 1990s Zimbabwe, or, ironically, the Russians who survived the collapse of the Soviet Union."
consciousnessofsheep.co.uk/2022/07/01/bigger-than-you-can-imagine/
So after all that what can we do about it?
Lool nothing bro, west declining was destined to happen it’s written bro. Can’t bully half the world and still stand strong on your head o toes. Every empire must fall the way it rose. While the west is collapsing, africa and Asia is rising, that’s how economics works, Europe been printing money and has no resources bro. Good luck !
great interview, great knowledge sharing,
Video Time 26:20, Sept 01st speech,
That was an immensely disturbing speech by President Biden.
I was so disturbed that for the first time ever I purchased a “Make America Great Again” hat as my way of saying “Let’s Go Brandon!!”
The Psychotics must be culled.
Great interview. Doug doesn't exaggerate!
Biden speech, you are right on the money, Doug.
Gold silver uranium….. not doing too well right now. Maybe in longer term but these commodities aren’t doing well now.
Do u wanna buy gold on $15K or when it is $1699 per oz?
@@Radio280 bought all I want as an insurance policy so I don’t need to pay for anymore at today’s prices or future prices. First ounce at 650…. Don’t speak to people with a condescending attitude.
@@Radio280 Well said.
@@christopherk140 Then why are you? Precious metals are a store of wealth, not a stock or bond to buy and sell, and you say you are holding enough to see you through the coming festivities, yet you sound as though you view them as something to play with.
@@mollyj2666 insurance policy metals…. Mining stocks and uranium is speculative.
Great videos on Small Caps
SUPER INFORMATIVE !! DOUG IS AWESOME !! 👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏
38k views and only 36k subs??
Small caps should have way more subs
Personally, if I could design my house from scratch and locate it in a more ideal location several miles away, I could get by on solar, wind, batteries and a little bit of combustion during the dark of the fall and winter. As it is, I need nuclear power and hydro-power and the bird choppers only look like a bit of hamburger helper for the hydro-power.
But to manufacture things, I'll need real steady power and lots of it. For ore mining, ore processing, metal making and processing and then manufacturing, shipping and so it goes.
Sounds to me like I should invest in copper is that right?
I love Doug Casey!
He's right, I agree with him!
Great interview
Let's just call him Doug the Amazing. Great show!!
World War 2 started on September 1st that's why chose it
world war III started in February. what's the correlation ?
Great to see the old guy. Pleasure to listen to.
Wonderful person to listen to.
Inflation reduction act...
With all the new stuff that thy hope that's gonna be made and sold, like: sollar pannels,ev's,heat pumps, wind turbines etc etc thy will take lot of taxes.most transactions beeing digital,thy can just delete part of those digits in computers,hence reduce the money in circulation
All much simpler by culling out the population's 3% psychotics.
Doug is right on in terms of his views on Ukraine...the US is about to lose another war and lots of $$$!
Great to hear someone who has clarity about the Ukraine war
Health is far more important then wealth. Good luck Doug
Doug is the best
Oil is great, but I don't need any!!
Yes, I will use it and enjoy it for a good price! However, I can and will easely do without it!!
he nearly had me....then he talked about the actual insurrecion.These people all looked rather similar. If these same people who were arrested saw minorities doing half of what they did on january 6th they wouldn't be saying they were peaceful and that it was nothing...hell it wouldn't have even needed to be a govenment building that goin broekn into. if a crowd a 20th fo the size was minotries and didn nothing but stand still and hold signs these same ppl would say they were domestic terrorists and deserves to be put to death, and would also be the same ppl who would defend police when the authorities needlessly killed them for [a crowd 1/20th the size was standing still - not stampeding a gov't build] standing still..... the conservatives in this country are unbelieveable.....don't get he wrong the dems and liberals aren't far off cause basically everyone has lost their damn minds being extremist but ....what can we say....here we are... He'll i bet conservatives would even think it would justifiable for a cop to kill a unarmed black teen litterally minding his own business heading back home with a hoodie on and holding skittles just because he may or may not have looked shady. oh wait. I'm telling you.....fear kills.
My take is, with the strong US dollar, will be able to get some really fine European Goods and a vacation on the cheap . bottom fish ing, going to have a field day with things on sale. Crisis equals opportunity, of a lifetime.
Re: green energy/ESG in Asia. I saw a wind farm on the beach in Taiwan. Then again, Taiwan is an odd appendage of our Western 'woke' crowd. Another one is/was Sri Lanka. Look how that turned out. Re: Ukraine war. it's Russia vs. NATO/US. And, there are plenty of qualified voices to listen to: Larry Johnson, Andrej Martyanov, Scott Ritter, and The Duran channel. Consult them.
For a rich man Doug is such a nice men, such a good guy. I like him very much.
ps. Remember Sdom and Gomorrah? There was hight inflation then too - according to Michaael Hudson in his book called ".......and forgive them their debts.", a break down in the money system, caused by inflation goes with homosexualit. Keynes was a homosexual, or os I have heard.
this video is gold.
"....these people they don't necessarily love Mother Earth as they hate people, other people....", exactly! Oh and YOU CAN'T HAVE A "GREEN REVOLUTION" (no such thing, least not as they conceive it ......NOOOOO ELECTRIC CARS IN A "GREEN REVOLUTION", BICYCLES YES BUT NOT CARS) WITHOUT MINING, O.o
He has the clear sight except the thing about ukraine and russia (Nato provocation to Russia!!!!!!!!!)... Swiss in Paraguay
Solar power is like chasing ants with a giant magnifying glass and wind energy are giant windmills.
If MMT Works you stop at the amount, you should just keep printing. 😂
Within the first minute carry knew she was in for it
Doug Casey. Sees it as it is, says it as it is.
Natural gas in Europe Dutch market is about 200 not 50 per mm btu…. uS Henry hub about 9.
I’ve a house in Virginia … would like to share a coffee with Mr Casey…. Talk a possible green cheaper than diesel energy solution…. A different type liquid motor fuel. Made from air water and solar power…… ANYONE INTERESTED IN A DEMONSTRATION PROJECT????????
Whats next after omnicron?
Doug for Emperor!
Just the fact that he says rates will go to 15% again long term is crazy. I would go bankrupt with my house and life so insanely bad
In the 60s the world was thriving & happy. italy Spain Egypt Lebanon Australia countries all over were doing nicely. Now every country is in debt unhappy & unclean streets.
What's happened?
The Fiat USD was born.
Psychotics took what doesn't belong to them... They must be culled.
When Doug says the US is the worst I believe he was talking about the power and influence of the radical left or "Jacobins".
I was waiting for him to say Antifa raided the capitol.
We need "Doug's" running our countries
“As a former actor” -interviewer states @ 38mins
They’re ALL actors imo.
hope he's well
✝️ Repent and believe in the gospel
*And as it is appointed for men to die once, but after this the judgment, so Christ was offered once to bear the sins of many. To those who eagerly wait for Him He will appear a second time, apart from sin, for salvation.*
Hebrews 9:27-28 NKJV
The gospel of Jesus Christ
✝️
*For I delivered to you first of all that which I also received: that Christ died for our sins according to the Scriptures, and that He was buried, and that He rose again the third day according to the Scriptures,*
I Corinthians 15:3-4 .
I understand Dr. Doug clear vision but he should be calling upon to make our last stance. Yes we know we are declining and we will not run; you want our place come and take it. You go down we will go down with you but as a society we shall do what Flavius Aeutius did against Attila's unstoppable rampage..... play it all in, future genefations will reckon the effort. Stand firm
Zelensky is making a fortune from the billions flowing in to Ukraine...he will not stop.
The time has come for the people who have been living above their means to take from those who have been working hard and have had a relatively meagre existence. As far as I can see, that is happening in Ukraine with Russia taking Ukrainian people and their houses. However self interested Americans are, the problem is not just in America. Gold probably is a safe haven, but it always would have been in the end.
Trump probably would have sacrificed the Ukrainian people to buy America another year or two, but eventually it would have been Poland and Germany. Notwithstanding, I was able to easily envisage China inflicting a new "Pearl Harbour" event on America. For all that Biden is bad, maybe somehow America did the right thing in advance of the coming world war three. Maybe even it will take the steam out of it. No doubt America will charge the world for the privilege, such is its prerogative. So yes, gold probably is a safe haven.
Ask me, and I will make the nations your inheritance, the ends of the earth your possession. Kiss his Son, or he will be angry and your way will lead to your destruction, for his wrath can flare up in a moment. Blessed are all who take refuge in him. Psalm 2
He is possibly selling books but the reality is he isn't wrongs!!
Brillouin Energy, cheap, clean, off-grid.
What's considered the West?
Christopher Walken is into economics, huh?
"Global warming is a haux." You gotta be living under a rock to belief that kind of stuff these days but it sounds like his true colors are coming out. I'll keep watching.
NASA published longterm science, not Doug's belief. Belief results from acceptance of psychotic propaganda.
A report just declared there is no evidence of any climate crisis.
It is a fabrication of hyperbole and manipulated data.
It is easier to fool people , than it is to convince them they have been fooled. . Mark Twain.
@@Leonardo555ZZZ alright, let's say there is no climate crisis. But in your research, did you also find out that the last two years were the hottest since we started keeping record?
Global warming was invented by AL Gore as away of taxing people more.
Lloyd Austin
Eurozone debt 95% of GDP US debt 106% of GDP
DEMOGRAPHICS will destroy Europe
Europeans are plunging in native population. The new Europeans are the migrants.
Always a useful guest. Illustrates what old aged fear and paranoia sounds like and emphasises the truism that independent wealth (be it gained through talent in sports, music, speculation) does not mean the speaker has clear and objective views worth listening to. I hope Doug has someone to hold his hand through the terrifying time he seems to be having.
You seem misguided, but well-spoken.
You have so much more brilliant insights that could change the course of human history. Please elucidate and provide links to all your books, interviews and of course, your C.V. so we can be properly wowed by your accomplishments instead of seeing only your envy and nit picking.