Article Archives

Observations from Everyday Life

Published July 22, 2010

Dear Reader, As has become my twice-weekly routine, this morning I submitted to a torture session run by an ex-Marine who energetically pursues his dark arts through the application of an almost countless number of push-ups, lunges, arm curls, planks, triceps overheads, crunches, wall sits, leap-overs and more. Remarkably, in between these exertions, fellow sufferers […]

Doug Casey: China Won’t Save Us

Published July 21, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, one of the most common replies we hear from the bulls who think the global economy is on the mend – or soon will be – is that China has huge cash reserves and a huge middle class with savings who will keep buying cars and […]

Misemployed vs. Underemployed

Published July 13, 2010

Dear Readers, David Galland is out for the day, and Chris Wood is hard at work on the next issue of Casey’s Extraordinary Technology. With the captain and first mate off deck, I’ll do my best to keep this ship afloat until David’s return tomorrow. In the news, BP seems to be approaching an end […]

Doug Casey on Ethics, Part Three: The Ethical Investor

Published July 7, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, you said at the end of our last talk that I wouldn’t like what you had to say about business ethics. Given your two principles: 1: Do all that you say you’re going to do. 2: Don’t aggress against other people or their property. Why would […]

Doug Casey on Ethics, Part Two

Published June 30, 2010

(Interviewed by Louis James, Editor, International Speculator) L: So, Doug, you’ve told us your ethical principles can be summed up in two statements: 1: Do all that you say you’re going to do. 2: Don’t aggress against other people or their property. I have seen you apply this in life. These are great rules that […]

Doug Casey on Ethics, Part One

Published June 23, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, we touched on ethics in our last conversation on your education as a speculator, and we decided we should have a conversation on the subject. Now, most religious people base their personal ethics on the moral mandates of their religions, and I know socialists who base […]

Rick Rule, Part Two: Markets and Risks

Published June 16, 2010

(Interviewed by Louis James, Editor, International Speculator) L: So, we've talked about how you make money in these markets – can you tell us where are you looking to make money these days? Are you bullish on energy, bullish on gold, bearish on something – where are you focusing your efforts these days, Rick? Rick: […]

CWC- Interview with Rick Rule, Part One: Rick’s Rules

Published June 9, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Today we're speaking with Rick Rule, founder and driving force of Global Resource Investments, and legendary investor in resource stocks, among many other things. Rick is a longtime friend of Doug Casey and is well known to many of our readers, especially those who have come to […]

Doug Casey: Education of a Speculator, Part Two

Published June 2, 2010

(Interviewed by Louis James, Editor, International Speculator) [Ed. Note: When we left our intrepid hero last week, he was hanging off the edge of a golden cliff…] L: So what did you do after cashing in, in the ‘80s? Doug: That’s when I started getting into the mining stocks you now cover. I liked their […]

Weekend Edition

Published May 29, 2010

Lucy’s Mayonnaise Dear Reader, As a native of New Orleans and someone who lived there for 30 years, I feel compelled to comment on the BP oil spill. The only problem is, I’m not really sure what I want to say about it. So, I’ll start with a couple of quotes from people close to […]

Doug Casey: Education of a Speculator, Part One

Published May 26, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, a lot of our readers have asked for you to tell some war stories – what were some of your biggest wins and losses, and what were the lessons learned? Doug: Well, it may not all fit neatly under the rubric of “Lessons Learned,” but I […]

Doug Casey on Immigration

Published May 19, 2010

(Interviewed by Louis James, Editor, International Speculator) L: So, Doug, a while back there was a big furor among many people, including some of your libertarian friends, about the new immigration law – or anti-illegal-immigration law – passed by the state of Arizona. We had other fish to fry at the time, and then the […]

Doug Casey on The Return of the Crisis Creature

Published May 12, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, on March 3, you and I spoke about how to profit from the coming collapse of the euro. Prior to that, we talked about a major market correction on the way this year. Just last week, we saw a major confidence crisis hit the eurozone and […]

Casey’s Chief Economist on The Eye of the Storm

Published May 5, 2010

(Interviewed by Louis James, Editor, International Speculator) These Conversations with Casey have been the “All Doug, All the Time” channel for almost a year, and Doug Casey's unique way of looking at the world will remain their focus. Fear not. That said, there are other members of the Casey team who have important ideas to […]

Earth Day Revisited

Published May 3, 2010

Dear Reader, On April 22, Earth Day came and went without even a casual mention by us in this Daily Dispatch. At first I thought this was the correct approach, as even a passing word on the event could lend it credence. But now I’m of the opinion that since this past Earth Day marked […]

Trading Opportunities

Published April 30, 2010

Dear Reader, You may or may not be aware that most of the “investment” recommendations we provide in our letters aren’t really investments per se but speculations. As Doug Casey defines it, an investor is one who puts capital into a business in anticipation of making a profit. But a speculator is someone who allocates […]

Doug Casey on Throwing a Really Good Party

Published April 28, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, you used to throw a big party every year, and called it the Eris Society. Sounds a bit more erudite than a frat party – what was that all about? Doug: Well, there was always some alcohol, and almost always tobacco, and usually some firearms, of […]

Doug Casey on Race

Published April 21, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, last week we wandered into dangerous waters briefly, touching on race while discussing Russia – and Russians. Your views on this subject will probably offend any number of people, but some things are worth saying, regardless. And, cold as it may sound, I think there are […]

Doug Casey on the Russian Bear

Published April 14, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, I'm in Belarus this week, a pit stop to help some of my students with their various business ideas. I'm struggling with my Russian, but getting along. And that has me thinking about Russia's role on the global economic stage. I know this is something you've […]

Doug Casey on Anarchy

Published March 31, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, you keep saying you’re an anarchist. I suspect most of our readers know that doesn’t mean you like to wear black army boots and throw Molotov cocktails at McDonald’s restaurants during WTO protests, but I’m not sure how many really know what it is you do […]

Doug Casey: Making Terrorism Your Friend

Published March 25, 2010

Terrorism is becoming a major force in the world, as evidenced by Clinton actually referring to the use of nuclear, biological, and chemical devices in the U.S. I've thought their use against U.S. targets was an inevitability for years. But with the U.S. government launching its own terror strikes against Third World targets, the inevitable is starting to look imminent. Let's put it this way: Living in Washington, New York or other population centers is not terribly prudent.

Doug Casey on All Things Fun (ATF)

Published March 17, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, among the many things you find perverse in our world, I’ve heard you say that one of the most perverse is that the U.S. government has created a bureau to regulate and suppress three of your favorite things in life. Doug: Ah, yes. Alcohol, tobacco, and […]

Code of the Gunfighter

Published March 15, 2010

Dear Reader, Professional gunfighters, including police officers and front-line soldiers, train themselves not only to use their weapons accurately but to be mentally willing to use them. It’s one thing to pack a gun but an entirely different thing to yank it out of its holster and take a human life. A favored method for […]

Doug Casey: Profit from the Euro-Crash

Published March 3, 2010

(Interviewed by Louis James, Editor, International Speculator) A Skype window opens on my computer screen. I see Doug on his ranch in New Zealand. He looks serious. Doug: Lobo, there's a Greek fire burning in the Eurozone, and people should take immediate action, or they're going to get burned. L: I gather you've seen the […]

Doug Casey: A Major Turning Point

Published February 24, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, a hot topic of conversation this week is the man who flew his airplane into the IRS building in Austin, Texas. What do you make of it? Is the guy a hero for the downtrodden taxpayer? Or a terrorist? Or just some lone lunatic? Doug: First, […]

Doug Casey on the Silver Screen

Published February 17, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, we’ve promised to talk about what you call the literature of today’s world: movies. So, let’s talk about the silver screen. Doug: Good idea. Some may dismiss this as fluff, but I think it can be very important, as per our conversation on Avatar a couple […]

Doug Casey on His Favorite Place in the World

Published February 10, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, we’ve gotten a lot of follow-up questions to our conversation on currency controls. People want to know more about Argentina and why you like it so much. So, let’s talk about Argentina. Doug: Sure. This is a good time, too, because I’m having a sort of […]

Doug Casey on Avatar & Pop Culture

Published February 3, 2010

(Interviewed by Louis James, Editor, International Speculator) Doug: Lobo. I saw it. Let’s talk. L: Ah, you mean the latest, greatest, highest-grossing blockbuster movie of all time – and not incidentally, environmental extremists’ wet dream – Avatar. Doug: Yes. I want to start by saying that I did actually enjoy the movie, though it’s certainly […]

Doug Casey on Haiti

Published January 27, 2010

(Interviewed by Louis James, Editor, International Speculator) Editor’s Note: Dear Readers, I wish you could have heard Doug when we spoke about Haiti. His words may seem cold-hearted – discussing adoption in terms of misallocated capital! – but he was passionate indeed in this conversation. When he spoke of the Haitians having nothing, not even […]

Doug Casey on Unemployment

Published January 20, 2010

(Interviewed by Louis James, Editor, International Speculator) L: Doug, I saw a Wall Street Journal headline a few days ago that boldly proclaimed, “Car Makers May Hire Soon.” Be still, my trembling heart! It’s hard to believe the WSJ would stoop to such a meaningless headline, but I guess they are just trying to give […]

Doug Casey: “Stock Market Set to Crash”

Published January 13, 2010

(Interviewed by Louis James, Editor, International Speculator) L: So, what's on your mind this week, Doug? I understand you've had a “guru moment”… Doug: Well, it's nothing but a gut feeling, but I think the stock market is riding for a big fall this year. Everyone was afraid the world was going to come to […]

A Little Research

Published January 6, 2010

Dear Reader, David is finishing up the last edits to our new issue of The Casey Report, so Chris will be filling in today. I’ve always considered myself somewhat of an optimist, but my super-bearish outlook for 2010 has made me feel like an outcast among my fellow men (and women) as of late. So, […]

Doug Casey on Currency Regime Change

Published

(Interviewed by Louis James, Editor, International Speculator) L: Happy New Year, Doug! What’s on your mind these days – have any new thoughts for the new year? Doug: Well, the new currencies discussed in the news have caught my attention. L: Ah, yes. Hugo Chavez is launching a new virtual currency among some Latin American […]

Doug Casey on Poker

Published December 30, 2009

(Interviewed by Louis James, Editor, International Speculator) L: Doug, you often make a point of differentiating speculation from gambling, as in our recent conversation on winning speculations. But I know you also you like to gamble. Poker, specifically. Is that a vice, or a virtue? Doug: Well, I've always enjoyed poker, ever since I was […]

Doug Casey on Bungling Ben

Published December 23, 2009

(Interviewed by Louis James, Editor, International Speculator) L: So, Ben Bernanke just got named “Person of the Year” by Time magazine. I know you must have some thoughts in response to this auspicious event? Doug: I just don’t know where they find these people… On the other hand, Slime magazine has always said that those […]

Doug Casey on Winning Speculations

Published December 16, 2009

(Interviewed by Louis James, Editor, International Speculator) L: Doug, these conversations are going out to a wider and wider audience – almost 100,000 now. A lot of these readers are new to our style of investing. They've heard of your 30-year track record of picking winning investments, and many are wondering how you do it. […]

Unemployment and Taxes

Published December 11, 2009

Dear Reader, You’d think that by writing a daily missive such as this, one would run out of things to write about in relatively short order. Not hardly. There is so, sooo, soooo much going on in the world just now that everywhere I look, up pops something worth paying attention to. And that’s just […]

Doug Casey on Rome

Published December 9, 2009

(Interviewed by Louis James, Editor, International Speculator) L: Doug, it seems that in almost every conversation we have, you mention something about ancient history, particularly Roman history. In our conversation on speculative fiction, you mentioned that it and ancient literature are your favorite kinds of reading. So let’s talk about Rome – why the fascination, […]

She’s Breaking Up, Capt’n!

Published December 4, 2009

Dear Reader, As readers of any duration longer than a day already know, here at Casey Research we are considerably less optimistic about the economic outlook than members of the government or their close companions down on Wall Street. Are we bearish by temperament? And so our radar picks up only bearish-shaped blips?   Perhaps, […]

Doug Casey on the Military

Published December 2, 2009

(Interviewed by Louis James, Editor, International Speculator) L: I’m sitting with Doug Casey in his apartment in Buenos Aires, Argentina. Above me, on the wall behind the sofa I’m sitting on, is a mural depicting the brutality of war. Every time you write about the military, Doug, we lose a large swath of subscribers. But […]

Doug Casey on His Favorite Sport

Published November 25, 2009

(Interviewed by Louis James, Editor, International Speculator) L: Doug, we’ve talked about cars, gold, and real estate. Another well-known passion of yours is horses, and your love of the game of polo. In fact, I see that you’re wearing a tie that has polo horses on it. But I know you’ve had a few accidents […]

DJ TEST

Published November 22, 2009

Dear Readers, For the record, I don’t actually plan to recommend a piece of music each day, as I have done so far this week. This week, however, dramatic music (my primary passion) seems to be in the air, the latest entry involving bagpipes. The song is The Gael, by the Royal Scots Dragoon Guards, […]

Doug Casey on Real Estate

Published November 18, 2009

(Interviewed by Louis James, Editor, International Speculator) L: So, Doug, it’s well known that in addition to investing in resource stocks, especially gold juniors, you also have a passion for playing the real estate market. What can you tell us about real estate in today’s world? Doug: Real estate has been very, very good to […]

Doug Casey on Speculator’s Fiction

Published November 11, 2009

(Interviewed by Louis James, Editor, International Speculator)   Doug: You're in Chile, I'm in Argentina, and we're talking through our computers for free. The next step might be the “communicators” of Star Trek. Actually, we're almost there with smart phones. Life increasingly resembles science fiction, and we often refer to sci-fi. So let's talk about […]

Doug Casey on Charities

Published November 4, 2009

(Interviewed by Louis James, Editor, International Speculator) L: Doug, our readers are hoping to live well for the rest of their lives. That’s what The Casey Report and all our other publications are about, really. If they are successful, they’ll have some money left over at the end. Some have wondered, given your low opinion […]

Doug Casey on Technology

Published October 28, 2009

(Interviewed by Louis James, Editor, International Speculator) L: Doug, people have written in saying you’re a “doom-and-gloomer” and a “permabear” – but I know you’re an optimist. Why do you suppose that’s so? Doug: Perhaps it’s because I’ve long said that the Greater Depression is going to be even worse than I think it will […]

Not So Safe Deposit Boxes

Published October 27, 2009

Dear Reader, Much more troubling to me than the crummy economic fundamentals we address so often in this missive and in The Casey Report, are the growing police state and the complete disregard of individual liberties we see both here and abroad. This news story out of the U.K.: The raid that rocked the Met: […]

Doug Casey on Education

Published October 21, 2009

(Interviewed by Louis James, Editor, International Speculator) L: Doug, in our recent conversation on global warming, you made some critical remarks about modern education. I know that wasn’t mere drive-by disparagement – can you tell us why you’re so hard on teachers today? Doug: Sure. Since the school season started recently, it’s probably a good […]

Doug Casey on Nobel Prizes

Published October 14, 2009

(Interviewed by Louis James, Editor, International Speculator) L: Doug, our savior Obama won the Nobel Peace Prize for boldly intending to wage peace. Really. Any day now. I know you must have some thoughts on this… Did you lose your lunch when you saw the news? Doug: : I was having a rather gruesome nightmare […]

Doug Casey on Global Warming

Published October 7, 2009

(Interviewed by Louis James, Editor, International Speculator) L: [Phone rings. It’s Doug Casey, whose gravelly, “Lobo, let’s talk!” always makes me smile.] Hi Doug! What’s on your mind? Doug: Global warming. People like my fanatical neighbors here in Aspen seem perfectly willing to undo centuries of progress because they are completely delusional about global warming. […]

Doug Casey on Gold Stocks

Published September 30, 2009

(Interviewed by Louis James, Editor, International Speculator) L: Doug, we were talking about gold last week, so we should follow up with a look at gold stocks. If one of the reasons to own gold is that it’s real – it’s not paper, it’s not simultaneously someone else’s liability – why own gold stocks? Doug: […]

Weekend Edition

Published September 26, 2009

Dear Reader, Welcome to the weekend edition of Casey’s Daily Dispatch, a compilation of our favorite stories from the week for the time-stressed readers. Of course, if you want to read all of the Daily Dispatches from the week, you may do so in the archives at CaseyResearch.com. Energy & Special Situations Summit Recap It’s […]

Doug Casey on Gold

Published September 23, 2009

(Interviewed by Louis James, Editor, International Speculator) L: Doug, we’ve talked about cars, cows, and cash, but the investment world thinks of you as a gold bug, so let’s give that a go; why gold? Doug: Sure. First of all, it’s because gold is actually money. It’s an unfortunate historical anomaly that people think about […]

Doug Casey on Political Correctness

Published September 16, 2009

(Interviewed by Louis James, Editor, International Speculator) L:So, Mr. Wilson (R-SC) went to Washington and called the president a liar, an action I can’t help but approve of. Regrettably, he didn’t have the spine to stick with the truth and later apologized to the president. Knowing that you don’t have any more use for politicians […]

Bull or Bronco?

Published September 14, 2009

Dear Reader, Because it will soon come into play, I will take a moment to enlighten the non-rodeo aficionados among you about the distinct difference between riding a bronco and a bull. A bronco is capable of giving you a very rough ride, with athletic leaps high into the air coupled with dangerous bursts of […]

Doug Casey on Cattle

Published September 9, 2009

(Interviewed by Louis James, International Speculator) L: Doug, we talk a lot about metals and energy, but you’ve also made money in agriculture, as have our subscribers who got in early on corn and potash. In the February 2008 issue of the International Speculator, you made the case for speculating on rising cattle prices. Would […]

Doug Casey on Protecting Your Cash

Published August 26, 2009

 (Interviewed by Louis James, International Speculator) L: Doug, we talked last week about getting assets out of your home country, especially the U.S., 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 […]

Doug Casey on Protecting Your Assets

Published August 19, 2009

(Interviewed by Louis James, International Speculator) L: Doug, we’re getting a lot of questions from readers on how to follow your advice to diversify assets, politically. I know it’s a prickly subject, but what can you tell us about getting our money out from behind the new iron curtain that seems to be descending? Doug: […]

Doug Casey on Cars – Past, Present, and Future

Published August 12, 2009

(Interviewed by Louis James, International Speculator) L: Doug, last week we talked about energy, including your thoughts on what’s in store for the oil markets. That naturally leads me to ask about something that I know has been near and dear to your heart: the automobile. Especially high-performance cars – which were the basis of […]

Croatia

Published August 10, 2009

Dear Readers, After what can only be described as a whirlwind trip to Croatia – having left Monday and returned Sunday – I’m back at the desk and grateful to our own Chris Wood for covering in my absence.  Proving my lack of credentials as a road warrior, I forgot to bring along a power […]

Doug Casey on Mowing Down Green Shoots

Published July 29, 2009

(Interviewed by Louis James, International Speculator) L: So, Doug, we’re sitting here in Vancouver, epicenter of many of our investments, thinking about the future. Meanwhile, the U.S. Treasury has announced some mind-boggling debt auctions for next week. Any comments? Doug: Yes, the size of this auction coming up, $235 billion, is really rather shocking – […]

Doug Casey on Judging Justices

Published July 22, 2009

(Interviewed by Louis James, International Speculator) L: Doug, you wrote in an email that you’ve been shaking your head over the latest antics of Supreme Court nomination and appointment. Care to tell us why? Doug: Well, the whole thing is a pointless circus. The whole uproar over the “wise Latina” remark is irrelevant, and all […]

Doug Casey on Nuts & Bolts: Handling Bullion

Published July 15, 2009

(Interview by Louis James, International Speculator) L: Doug, we get a lot of questions about how to handle significant amounts of bullion. So let’s talk about physical gold, and what to do with the stuff. First off, do you really think that people should put as much as one-third of their asset portfolios into physical […]

Doug Casey on the Echoes of War

Published July 8, 2009

Q: Doug, I hear you’ve been reading the obits recently – what’s on your mind? Doug: Yes, I couldn’t help but note the long and generally favorable obits on Robert “the Strange” McNamara, at age 93. The obituaries ranged from glowingly positive to, at worst that I read, neutral. I was shocked and disgusted by […]

Doug Casey on the Greater Depression

Published July 1, 2009

Q: Doug, you’ve been, as one subscriber recently dubbed you, “the town crier of America” for some time now, warning about what you call the Greater Depression. Do you really see that as being what’s ahead for America? You have seen the country seemingly headed for the precipice before, but it somehow missed going over […]

Doug Casey: “Deflation is actually a good thing”

Published June 10, 2009

Q: Doug, according to a recent article called “The Greater of Two Evils,” The Economist recently stated that inflation is preferable to deflation. What is your take on that? Doug: It was certainly one of the most ridiculous articles that I have read in recent years. It is disappointing that The Economist is employing the […]

Welcome to the Room – May 29, 2009

Published May 29, 2009

Welcome to “The Room” The May editions of The Casey Report, International Speculator, BIG GOLD, Casey Energy Opportunities and Without Borders are now available. May 29, 2009 Dear Reader, As I have done occasionally in the past, I’m going to rely on the kindness of others to help me with this week’s musings. That’s because, […]

Welcome to the Room – November 14, 2008

Published November 14, 2008

Welcome to “The Room” The November editions of The Casey Report, International Speculator and Casey Energy Opportunities, are now available. November 14, 2008 Dear Reader, Fittingly, the song that I have played too loud and too frequently this week – and that I am playing just now as I begin this weekly missive – deals […]

Welcome to the Room – January 11, 2008

Published January 4, 2008

Welcome to “The Room” The subscribers-only home page of Casey Research January’s issue of International Speculator is now available. Last Updated January 4, 2008 Dear Reader, As I begin this edition of The Room, it is the wee hours on a frigid Friday morning here in the semi-wilds of New England. Last night, as I […]