International Man: Since its inception in 2009, the US government has been largely hostile toward Bitcoin—but that changed dramatically with Trump’s victory in the 2024 election. For the first time, the leader of the world’s most powerful nation is openly pro-Bitcoin. What’s your take on this remarkable shift? Doug Casey: Maybe Trump was brought around to appreciating […]
International Man: At $1.1 trillion, annualized interest on the US federal debt is now the second-largest budget item—and is on track to become the largest. Meanwhile, long-term interest rates are climbing, even as the Fed lowers short-term rates. Can the US government keep kicking the can down the road? Or will Trump have to reset the […]
International Man: For decades, mainstream financial commentators have dismissed gold as a “barbarous relic.” Federal Reserve officials and policymakers routinely downplay its importance, insisting that fiat currency and central banking make gold obsolete. Yet, despite this public stance, the US government still holds one of the world’s largest gold reserves. So, what’s really going on here? […]
They must be sweating bullets in the Washington Swamp. Kash Patel was confirmed as FBI director, and that means there is going to be a caravan of DOGE trucks hauling out the dead bodies right soon. Especially after the FBI went all-in on the Deep State campaign to defenestrate Donald Trump in 2016 and after, […]
Weekends and holidays are the perfect time to catch people off guard… Like a street thug committing a mugging, capital controls blindside most people—otherwise, they wouldn’t be effective. The government declares a surprise bank holiday and shuts down all the banks—mere hours after denying any such plans. Then come the capital controls, preventing citizens from […]
International Man: At $1.1 trillion, annualized interest on the US federal debt is now the second-largest budget item—and is on track to become the largest. This could lead to discussions about the need for a Monetary Reset. Meanwhile, long-term interest rates are climbing, even as the Fed lowers short-term rates. Can the US government keep kicking […]
“It was the single most important financial event of my career.” My friend and resource investing legend Rick Rule once shared this with me, reflecting on his experience in the uranium market during the last bull cycle—where extreme supply and demand imbalances triggered massive booms and busts. Rick was referring to Paladin Energy, a uranium […]
We did promise it after Putin blew up his own pipeline supplying cheap energy to Europe, but the implosion of European auto companies is really something to behold. The effects of Capital flight in the industry are stark and widespread. Consider this: VW’s profits dropped by 64%. Audi’s profits dropped by 91%. BMW’s profits dropped […]
Periodically, I offer up a statement by Scottish economist Alexander Tytler, who, in 1787, was reported to have commented on the then-new American Republic as follows: A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters […]
The United Nations launched the Net Zero Banking Alliance (NZBA) with great fanfare in 2021. It brought together some of the world’s largest banks, committing them to a goal they could never achieve: reaching net-zero carbon emissions within their lending and investment portfolios. This entailed severing ties with a significant portion of their clients and […]