A short but insightful look at gold stock analysts' typical methods reveals why gold stocks are so undervalued at present. Also in today's edition: a new US tax snare is in the works for noncitizen property buyers; and signs of life from off-planet.
Despite the movement being leaderless and disorganized, Doug Casey sees potentially big trouble looming in the "Occupy Wall Street" protests.
Even as major oil companies enjoy high profits, declining production is putting pressure on them to acquire assets that will keep production up. An interesting buying season seems likely.
Gold investors worldwide – but especially those in the US – may be overlooking the greatest risk to their bullion investments. Learn what it is and how to minimize it.
Argentina's president is showing signs of trying to ease her country's economic woes by increasing the burden on international miners. While her newest rule change is indeed bad news for investors, it isn't necessarily a good idea to join the stampede to the exits.
David Galland bemoans the Occupy Wall Street protestors' lack of reason, pizzazz and a unifying theme… and suggests one of his own.
A new Chinese investment contract may not work out exactly as expected, but it seems sure to be a game-changer for gold. Also in today's issue, Vedran Vuk on the recent Bank of America derivative transfer.
At the Casey Research/Sprott Summit When Money Dies, Louis James spoke with Sprott Inc. founder Eric Sprott on the risk involved in holding money in banks, and the likely future of precious metals stocks.
At the Casey Research/Sprott Summit When Money Dies, Rick Rule spoke with Stefan Molyneux about energy and gold investments and his outlook for the near-future market overall.
It may seem hardly possible, but Jeff Clark has found someone who is more bullish on precious metals than we at Casey Research are. Jeff shares some of a recent interview with him.
Updated estimates of the Marcellus Shale Basin’s quantity of recoverable natural gas coupled with a regulatory environment that favors oil exploration strongly suggest that the Mania Phase of shale gas exploration is over.
Doug discusses reliable resources for buying precious metals, good forms of them, and where to store one’s stash.
Higher-quality and more durable displays are on the horizon… and they’ll be available in sizes ranging from the very small to enormous, even by today’s giant-TV standards. Learn more about the new technologies underpinning them.
Doug Casey explains why a debt crisis is unavoidable – for the US but also for many other countries, ultimately making it a worldwide problem – but he also highlights how careful investors can survive it… even profit from it.
Russia needs newer technology for oil exploration and extraction; The US needs oil reserves from countries that are more friendly to it than most in the Middle East. Can the intersection of these needs yield a fruitful partnership?
As the prices of gold, silver, and other metals continue to rise, a severe case of royalty fever has struck Latin America. And it could spread to the US and Canada.
Julian Phillips...and even Dennis Gartman...see gold price suppression. Asia gold buyers rush in after prices sink; India eyed. Expect Enormous Gains in Gold and Silver - Stephen Leeb
This essay from the July 2006 International Speculator captures the essence of Bud Conrad’s forward-looking, contrarian analysis… almost eerily so as we appear to be on the brink of the economic precipice described herein.
Stupid is as stupid does… and there’s a lot of stupidity going around in the hallowed halls of Washington; David Galland gives some examples. Also in this edition: The Fed squanders $1.2 trillion and no one cares – Doug Hornig explains Bailout Fatigue.
Alternative gold investments don’t always track the precious metal itself as closely as their owners or investors might like. Doug Hornig explains how one such investment, the exchange-traded fund GLD, works.
When it comes to protecting yourself from inflation, a little gold can go a long way. Also in this edition: Water investing 101 – why H2O will become one of the most precious commodities in the near future
The Casey Research energy team offers an excellent tutorial on differences in oil and how they – and other factors – contribute to price differences. Also, a great news story from tsunami-hit Japan prompts an insightful commentary on the differences in “saving” between that country and the U.S.
Doug presents a compelling argument that the U.S. and global economies are about to be buffeted again, as social and political unrest continue to grow.
In the wake of the U.S. space shuttle program’s closing, Doug convincingly argues for private space entrepreneurship, even in the current economic climate.
When is a picture worth one word? Jeff Clark offers a sobering answer. Also in today’s issue, Louis James talks about a different kind of investing that he does; Vedran Vuk dissects the claim that TARP was a good investment; and some classics in the Friday Funnies.
Doug examines recent moves in the energy sector through his contrarian perspective.
Casey dissects the Declaration of Independence, showing how the chains of tyranny broken by American colonials are again in place – and stronger than ever.
Doug Hornig provides an encouraging update on developments in 3D chip technology. Also in today’s issue: Andrey Dashkov reports on the political climate for investing in Kyrgyzstan; another opportunity to hear Doug Casey speak; and are bankers being outsourced offshore?
After a brief follow up on the Bitcoin conversation, Doug argues persuasively against all forms of relationship laws, on practical as well as ethical grounds.
Doug discusses Bitcoin, along with its recent crash, as a harbinger of what’s ahead for state-based fiat currencies… especially the U.S. dollar.
Doug Hornig relates an attempted scam involving a large gold nugget – another sign of the gold market heating up. Also, gold price projections through the rest of 2011, and an opportunity to hear Doug Casey speak at Freedom Fest.
The recent British royal wedding sets Doug off on the uselessness of royalty throughout the ages.
SLV ETF had 6.6 million ounces withdrawal yesterday. Kitco and Perth Mint Precious Metal Certificates: Bron Suchecki tells it like it is. John Embry predicts debt repudiation by hyperinflation.
The Casey Research energy team dives into coal price trends, and finds reason for speculators in this sector to be encouraged. Also in today’s issue: Vedran Vuk provides a glimpse into the Washington D.C. insider’s scene; and recommends a few good links.
The Casey Research energy team provides a close look at the oil situation in Iran, with a focus on what it means for the American oil supply and energy investors. Also in this issue: Charles Vollum returns with an historical look at housing prices expressed in gold – prepare for a shock; and Vedran Vuk shares some timely stock tips.
Doug explains, in his unique style, how the Dominique Strauss-Kahn scandal is emblematic of IMF, World Bank, and other transnational bureaucratic agencies.
Doug Hornig presents the second installment of his bionics series, focusing on technologies that improve hearing and sight, and voice production. Also in today's issue: Vedran Vuk relates a disheartening parallel in economic attitudes between Croatians and free-market supporting Americans, and comments on the Belarus ruble devaluation.
David Galland pens a powerful mini-review of The Good Soldiers, and convincingly asserts that these ongoing military actions cannot be ignored by investors. Also in today’s issue: a must-watch video on bad real-estate loans; Kindle versus iPad; and Friday Funnies.
Doug considers Rep. Ron Paul’s candidacy for president as a good educational opportunity, but fatally flawed in terms of achieving its objective.
Chris Wood offers a penetrating look at the ongoing cyber-war, with a focus on ways to profit from it. Also in today’s issue: what the Norges Bank’s decision to raise interest rates might mean; and a few interesting links from around the web.
Jeff Clark shares a recent, thought-provoking interview with Andy Schectman of Miles Franklin on trends in the bullion market, especially silver. Also in today’s issue, Vedran Vuk offers some short links and his thoughts on a precious-metal currency.
Doug tells us what our teachers never did about the Civil War, and then to discusses its lingering aftermath today and investment implications.
A lesson for Americans: an Indian woman explains why gold jewelry is so much more than just an adornment in her country… Also in this edition: Vedran talks about QE3 and marginalizing ideas.
Doug offers some shrewd observations on the state of Middle East affairs, and the U.S. government, in the wake of Osama bin Laden's assassination by U.S. forces.
Do you have what it takes to make money before the herd catches on? Jeff Clark explores what you need to know. Also in this edition: Federal Reserve leaves interest rates untouched.. and souvenirs from the Fed.
Doug and Lobo commiserate over the faulty thinking underlying Earth Day, and offer ideas on countering irrational eco-religion.
Doug Casey considers a possible presidential bid by Donald Trump, and finds it lacking for many reasons.
Two new studies claim that fracking-derived shale gas is actually worse for the environment than mining and burning coal. The Casey Energy team weighs in on the debate. Also in this edition: Tesla Motors – a company burdened by regulation; and more on Bernanke’s press briefings.
How much do you know about gold? Jeff Clark challenges you to test your knowledge. Also in this edition: Gold – the performing commodity; and, three ideas killed in the 2008 crash.
A lot of readers keep asking for more information on phyles, even though we’ve touched on the topic several times, so let’s have a closer look. What is a phyle, and why do they matter?
Many readers have written to ask what you make of the situation. Is the damage in Japan largely a Japanese problem? Or could this be the straw that breaks the global economic camel’s back?
Cancer is the second most common cause of death in the U.S. today, but there’s a new technology that’s proven superior to traditional radiation therapy… Also in this edition: Is Quebec about to turn less mining-friendly?... What Vegas can tell us about the economy… and the Friday Funnies.
You bought gold and silver, but how do you keep it from being stolen? By popular demand, Jeff Clark again weighs in on this important question. Also in this edition: Why are politicians so inept at foreseeing probable events?
The Japan crisis is getting worse as it impacts world economies, commodities, and even U.S. Treasuries. Casey Research Chief Economist Bud Conrad provides a status update. Also in this edition: How will the Japanese government react to the crisis? And what could happen to the Japanese nuclear reactors and the uranium market?
Doug is currently at the annual conference of the Prospectors and Developers Association of Canada, so the next brand-new issue of Conversations with Casey will have to wait.
You know the saying about companies being run by C students. Well, it really is true; one reason being that the best and brightest don’t end up in business schools.
When you can't work unless you join the union, and union membership is limited – often to people with political connections, or family relations with union officials – it's clear that the union is not a defender of the little guy, but a kind of protection racket. It's a fraud.
One of my friends recently discovered that five one-ounce gold coins had been stolen from his home. My friend overlooked one of the basic rules of home storage, so I hope you’ll review where and how you store your precious metals so that you can avoid the same pain and loss he experienced…
Oppressed Middle Easterners take to the streets out of hunger. Wisconsin union members take to the streets because their entitlements are threatened. Both relate to the rising costs of real things resulting from the global currency crisis, which is part of the larger train-wreck of the old economic world order.
The DMV has exemplified government inefficiency for decades, but why? Besides inefficiency, it reveals one of the major problems with our form of government: there is almost no incentive to fix smaller problems.
When we last saw our heroes, they were hanging on a cliff of corruption, thinking about a world in which Egyptians stage a now-successful revolution, apparently more in response to government corruption than anything else. Mubarak the thief was more intolerable than Mubarak the dictator – especially when people got hungry.
The only way to fight official corruption is to reduce the amount of legal control of officials, particularly their regulatory power over the economy. If there were no government regulators, inspectors, assessors, auditors, and so forth ad nauseam, there'd be no reason for businesses and consumers to bribe them to get the hell out of the way.
Arab countries have long been the most repressive places in the world, with the possible exception of the despotisms in Africa, to their south. It's very good to see these regimes being overthrown. And the revolution – hopefully that's what it is – is internally generated. It's not the product of an invasion by foreign troops from an alien culture.
Remember that getting a second passport is just part of a larger "permanent traveler" strategy. The ideal is to live in one place, have your citizenship in another, your banks and brokers in other jurisdictions, and your business dealings in yet others. That makes it very inconvenient for any one government to control you.
[a continuation of Doug Casey on Art, Part 1] I'll tell you what the best single – very recent – place in the world for great, cheap art used to be, though I suspect it may be doing too well for that to be the case now: Vietnam, especially the north.
...art is one of the most positive things about life itself. It's really about aesthetics, a very important part of human existence.
I've been most fortunate wandering through the valley of the shadow of death. Statistically, though, even in the worst places, when hundreds of people get killed – which is a considered a big deal anywhere – the odds of dying are thousands to one against.
Some of Doug Casey's all-time favorite quotes – always words of wisdom, and usually wisdom informed by political incorrectness and a grasp of the absurdity of the human condition.
Today, the Federal Communications Commission acts on so-called “Net Neutrality,” and given the commissioners’ predicted 3-2 party line vote, it would be a shocker if they rejected it. What happens next is anyone’s guess, because the exact text of the ruling will not be known until those contesting the order have had a chance to file their dissent.
Dear Reader, Some years ago, during a winter-time visit with my dear friend and partner Doug Casey in Aspen, we decided to hit the slopes. While skiing played no role in my formative years in Hawaii, moving to the icebox of the Northeast has helped me gain some modest competency. Enough, in fact, to make […]
It does no good to make marginal improvements to a system that is fundamentally flawed and broken. Bernanke is proposing a band-aid where amputation is needed.
The Federal Reserve is a misnomer. There is no reserve, as there was in the days when the gold at Fort Knox backed the dollar. Now, the dollar isn't backed by anything, so there's nothing to reserve – they can and do create as many dollars as they want
The whole idea of Wikileaks is terrific. They've become one of the most important watchdog organizations on the planet, helping to expose a lot of government action for what it really is.
U.S. silver eagles sales at 3,935,000… will the U.S. Mint break the 4 million mark next week?SLV ETF has a huge withdrawal. Silver money for China.EU rescue starts to threaten Germany itself. Three terrific King World News interviews… and much more. Despite how bad the gold chart looks… all is not as it seems. With […]
All bureaucracies inevitably become sodden, counterproductive, and centered mainly on their own agendas. But the TSA is on an extraordinarily steep downward trajectory.
Dear Reader, With the Thanksgiving holiday beginning to settle over America like a warm blanket on a cold day, these daily musings will be a bit briefer than usual today and tomorrow – and completely AWOL on Thursday and Friday as your Casey Research team gathers around turkey with sharp knives and a clear intent […]
Louis James interviews Doug Casey about his favorite kind of music and what's on his iPod.
If you look just a couple years down the road, we're looking at an absolutely world-class catastrophe. I keep telling anyone who will listen: this is not just the biggest thing since the Great Depression, this is the biggest thing since the Industrial Revolution.
Dear Reader, The G20 meeting in Seoul this week is considered so important that the U.S. president and 3,000 of his closest associates, traveling in 40 planes and six armored cars, will be in attendance. Ahead of the meeting, there has been concern that the Fed’s latest cash barrage would discomfit Team USA when locked […]
(Chris Wood filling in for David Galland) Dear Reader, Unless you were trapped in a cave away from all forms of news media yesterday, you’re aware that the Federal Reserve announced a new round of quantitative easing in an effort to spur economic growth by purchasing longer-term Treasury securities to keep interest rates artificially low. […]
In theory, a jury is a good counterbalance to the power of the judge. You need some way to weigh the facts and decide who's in the right. If all of that were on one elected or appointed man or woman's shoulders, there could be a lot of problems. But the way juries work in the U.S. today is far from optimal.
A rational man, which is to say, an ethical man, would almost certainly not vote in this election, or in any other – at least above a local level, where you personally know most of both your neighbors and the candidates.
(Chris Wood filling in for David Galland) Dear Reader, Stock buybacks have been in the news a lot lately. Sitting on piles of cash and too nervous to invest in new workers or plant and equipment, many companies have started to deploy their cash reserves to buy back their own stock. So far this year, […]
(Vedran Vuk filling in for David Galland) Dear Reader, The best-laid plans have not come to fruition. Chris Wood is back, but feeling a bit under the weather today. So I’ll be taking the reins of the CDD again. First up, we have an article from Kevin Brekke on the Singapore Exchange’s takeover of the […]
(Vedran Vuk filling in for David Galland) Dear Reader, The weekly initial jobless claims have declined by 23,000 to 452,000 this past week and the week before that were revised upward by 13,000. It’s no reason to get excited. We’ve seen these numbers fluctuate endlessly. However, there is something important here that is often missed […]
The ones who get statues built to them and are engraved on the collective memory are conquerors and mass murderers – Alexander, Caesar, Genghis Khan, Napoleon, and a whole bunch of U.S. presidents.
(Vedran Vuk filling in for David Galland) Dear Reader, As you may have noticed already, the market came roaring back after yesterday’s retreat. Gold and oil are once again on the rise too. I’m wondering one of two things with these back-to-back days: Is the rally strong enough to go further until the market stabilizes, […]
Dear Readers, As I am rushing about trying to prepare for my imminent departure to the Sights & Sounds Celebration at La Estancia de Cafayate, Argentina, where I’ll be joining close to 250 owners and guests, including many of you dear readers, my contribution to today’s musings will be reduced, and non-existent next week. Before […]
If we define religion as a quest for some form of spiritual reality, I certainly don't in any way denigrate or make fun of religion. Unfortunately, that's not how most people approach religion; for many, it's a balm for their fears and miseries, rather than a path to enlightenment.
Anyone who's ever used a computer is familiar with security threats. We all get security patches from Apple or Microsoft, or other vendors – just about every computer out there is vulnerable to attacks if not properly defended.
(Interviewed by Louis James, Editor, International Speculator) L: So, Doug, I forgot to ask last time, now that we have you back from the new spa you tried in Thailand, how was it? Doug: This spa was different from the ones I recommended in our conversation on health. Purely detox oriented, with very interesting results […]
Quick Comment on the Stock Market...Congressional Hearings on Gold...The Cure for High Prices...Friday Funnies...For the Record...Miscellany
Dear Reader, As I write, the price of gold has responded, as expected, to the Fed’s confirmation that it’s actively considering turning back on the monetary taps. While I can’t know what sound money will be trading at by the time you read this, as I write it’s at $1,294 in the spot market. According […]
(Interviewed by Louis James, Editor, International Speculator) L: Doug, last time we spoke, you mentioned a real estate opportunity you're checking out in Egypt that you said not one in a million people would think of. Sounds like a classic Casey contrarian deal. Care to tell us about it? Doug: Sure. Let's start with the […]
(Interviewed by Louis James, Editor, International Speculator) Doug Casey, upper left, sips a drink while Pierre Lassonde enjoys a lengthy lecture, finger jabs included, by Fidel Castro. (Photo courtesy of Paul Zyla.) L: Doug, Fidel Castro is much in the news of late, with almost McNamara-like changes of heart, ranging from regretting the persecution of […]
Dear Reader, Because Casey Research is dedicated to uncovering exceptional profit opportunities, much of what flows across the desk – and so ends up in these daily musings – generally revolves around the economy and investments. However, given that we are human by species and curious by nature, it would be overly limiting and no […]
Dear Reader, Niccolo Machiavelli (1469 – 1527) was many things, but first and foremost a keen observer of politicians and their machinations. In actual fact, the man’s life in public service, and his influence at the time, was rather limited. And both came to a screeching halt when the republic he served collapsed and was […]
(Doug Casey, interviewed by The Gold Report) Editor's Note: Just recently, our friends at The Gold Report interviewed Doug on his thoughts about the precious metals bull market, how high gold will go, his views on gold stocks, and much more. Some of what he says below is not new to longtime readers, but we […]
(Alex Daley, interviewed by Louis James, Editor, International Speculator) Bio: Alex Daley is the senior editor of Casey's Extraordinary Technology. In his varied career, he's worked as a senior research executive, a software developer, project manager, senior IT executive, and technology marketer. As a technologist, he's collaborated on the development of numerous cutting-edge projects, from […]
Dear Reader, According to Reuters and other sources, General Motors is supposed to file paperwork this week for an IPO that’s expected to raise between $15 billion and $20 billion and is an important step in shedding its government backing. The U.S. government (read, U.S. taxpayers) stepped in last year with a $50 billion bailout […]