Is a US-Iran War Inevitable?

US-Iranian saber-rattling or impending shoot-out? In his usual, candid manner, contrarian investor Doug Casey talks about why he believes it’s serious this time… why the US is the greatest threat to peace today… why Iran might move towards a gold standard… and what smart investors should do.

[Read more...]

Getting out of Dodge, Part II

Doug: Stating that the US is turning into a police state when you started this conversation was quite accurate. You can see more and more videos spreading over the Internet, not just of police brutality, but demonstrating the militarization and federalization of police, who are being inculcated with both disdain for and paranoia about ordinary citizens.

[Read more...]

Getting out of Dodge

Louis: Doug, a lot of readers have been asking for guidance on how to know when it’s time to exit center stage and hunker down in some safe place. Few people want to hide from the world in a cabin in the woods while life goes on in the mainstream, but nobody wants to get caught once the gates clang shut on the police state the US is becoming. How do you know when it’s time to go?

[Read more...]

Wrong-Way Friedman

An Interview with Doug Casey, by Louis James, Editor, International Speculator

[Skype rings. It’s Doug calling. Sounds like he’s got a fistful of papers he’s waving around in agitation.]

L: Hola, Doug — what’s on your mind?

Doug: Well, you know I try not to read much in the popular press. It’s mentally unsanitary. But occasionally, a few things catch my notice. For example, I’ve got an article I tore out of the September 3 Wall Street Journal — it’s been in a stack of papers for a couple of months, and I just uncovered it. I couldn’t decide, when I first tore it out, whether it was simply beneath contempt or worth commenting on. It’s an absolutely shocking indictment of the depth to which the moral and intellectual character of what was once America has descended. The title is How to Turn in Your Neighbor to the IRS. The author’s theme is that the IRS is offering big rewards to people who turn in tax cheats — but there are catches. As though the depravity of denouncing your neighbors to a ruthless, brutal, and predatory government bureaucracy were a good thing, as long as one is careful in going about it.

[Read more...]

Protecting Your Cash, Part II

An Interview with Doug Casey from Cafayate, Argentina

[To read Part I of this interview, click here]

Interviewer: Concerning the risk of foreign exchange controls here in the US, do you think people will have any warning at all?

[Read more...]

Protecting Your Cash

Interviewer: Doug, we recently talked about getting assets out of your home country, especially the US, where to take them and what to do with them. In so doing, you touched on the inevitability of currency controls just ahead, especially for Americans. Can you tell us more about that?

[Read more...]

Is Your Money What You Think It Is?, Part II

Doug: Theres a titanic battle right now between the forces of inflation and deflation. When a big corporation like General Motors, or Fannie or Freddie, defaults on its debt, hundreds of billions of dollars disappear. Assets people thought they had and could have been converted into cash disappear. Thats deflationary. In a sound banking system, in which money is a commodity like gold, money cant disappear. It can change ownership, but it cant disappear. But in our current system, it can dry up and blow away as easily as it can be created.

[Read more...]

Is Your Money What You Think It Is?

Louis James (Senior Editor, Casey Research): Doug, last time we spoke, you said quite a bit about debt, in the context of your expectation that the euro is on its way out. At the end of that conversation, you mentioned, of course, that the problem is not limited to Greece, nor the eurozone. America as a country has become a world-class debtor, and many Americans seem to think a maxed-out credit card is a reason to get a higher credit limit, not to economize. Its like a global epidemic. Lets talk about debt.

[Read more...]