In a fast-paced interview with Max Keiser, Doug Casey explains how the “financialization” of the global economy came about and why it's a time bomb about to explode; why travel is a key element in successful speculation; and much more.
Quadrillion dollars of derivatives: an unstable daisy chain. Stock certs are just computer entries, therefore can't trust them and the businesses. HSBC's discovered “$70B black hole of debt”, Harvard prof's withdrawal of 1M from Bank of America are straws in the wind. Gold is the only way to truly save and hold on to wealth.
As was pointed out, one can't both run with the crowd and be a successful speculator. If your approach to investing needs recalibration—if you're ready to change your thinking and the course of your financial future—click here to get started now.