Doug Casey: Buying Gold Miners, Cheap Compared to Gold Itself

Tom Bodrovics interviews Doug Casey in-person at his home in Argentina assisted by Ivor Cummins. Doug emphasizes the importance of focusing on areas like economics, history, science, self-improvement, and traveling to broaden perspectives amidst political uncertainties. He suggests that Argentina, Chile, Uruguay, Paraguay, southern Brazil, and the Southern Cone of South America could be ideal for relocation due to their civility, open spaces, low population density, and capacity for food security.

Doug shares his affinity for Argentina, despite its political instability and frequent revolutions, and praises its culture, ranching, and potential for food security. Doug expresses dismay over U.S. politics and the nomination of Kamala Harris, labeling her 'stupid' and 'evil,' alleging communist leanings. He believes that a potential economic downturn might be preferable for societal rebuilding but fears the Democrats' potential power consolidation.

Doug discusses the upcoming economic downturn's potential severity and longevity, comparing it to the Great Depression, due to the historic size of the financial bubble and vast debt accumulated by individuals and governments. He advocates for individual preparedness and self-reliance, advising listeners to learn new skills, acquire gold and silver, and speculate in markets. Doug also expresses optimism, suggesting humanity might explore other planets to overcome challenges and discusses the recent election's impact on Gold and Silver prices, maintaining their fundamentals despite short-term fluctuations. He disdains market distractions like meme stocks and advocates for gold miners due to their low valuation relative to historical standards.

Talking Points From This Episode
- Doug Casey advocates for relocation to South America due to political instability and potential food security.
- He criticizes U.S. politics, particularly Kamala Harris, and predicts economic downturn and societal rebuilding.
- Casey advises individual preparedness, learning new skills, acquiring gold and silver, and investing in markets.

Time Stamp References:
0:00 - Introduction
1:01 - Politics & Perspectives
3:55 - Plan B & Safe Countries
10:09 - Feel of South America
14:44 - Elections & Kamala?
16:30 - Positivity & Trump?
17:28 - Power & Deep State?
20:35 - The Greater Depression
24:19 - Migratory Invasion
26:20 - Agendas & Migration
27:30 - Financial Bubbles & Debt
29:40 - Fight and/or Flight?
31:20 - Election & The Dollar
34:15 - Gold Bull Markets?
37:03 - Debt & Depression
39:30 - Gold Bull Markets
41:48 - Knowledge & Trust
42:33 - Government Dependence
43:39 - Novels & Wrap Up

Guest Links:
YouTube: https://www.youtube.com/channel/UCEJR3OAeHBNz7aGtFRZXArQ
Doug Casey's Take:
Website: https://internationalman.com/
Amazon Novels: https://tinyurl.com/an3uxhc

Best-selling author, world-renowned speculator, and libertarian philosopher Doug Casey has garnered a well-earned reputation for his erudite (and often controversial) insights into politics, economics, and investment markets. Doug is widely respected as one of the preeminent authorities on "rational speculation," especially in the high-potential natural resource sector. Doug's most recent book, "Assassin," can be found on Amazon.

He has been a featured guest on hundreds of radio and TV shows, including David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News, and CNN; has been the topic of numerous features in periodicals such as Time, Forbes, People, and the Washington Post. Doug has lived in 10 countries and visited over 175. Today you're most likely to find him at La Estancia de Cafayate (Casey's Gulch), an oasis tucked away in the high red mountains outside Salta, Argentina.

Ivor Cummins:
X: https://x.com/FatEmperor
Website: https://thefatemperor.com/
YouTube: https://www.youtube.com/@IvorCumminsScience

Ivor Cummins BE(Chem) CEng MIEI completed a Biochemical Engineering degree in 1990. He has since spent 30 years in corporate technical leadership positions. His career specialty has been leading large worldwide teams in complex problem-solving activity.

Since 2012 Ivor has been intensively researching the root causes of modern chronic disease. A particular focus has been on cardiovascular disease, diabetes and obesity. He shares his research insights at public speaking engagements around the world, revealing the key nutritional and lifestyle interventions which will deliver excellent health and personal productivity. He has recently presented at the British Association of Cardiovascular Prevention and Rehabilitation (BACPR) and also at the Irish National Institute of Preventative Cardiology (NIPC) annual conferences.
Ivor's 2018 book "Eat Rich, Live Long" (co-authored with preventative medicine expert Jeffry Gerber MD, FAAFP), details the conclusions of their shared research: https://www.amazon.com/Eat-Rich-Live-Long-Mastering/dp/1628602732/