âWhat Iâm actually enthusiastic about is the continued, and Iâve were given to mention accelerating, degradation, even cave in of Western civilization,â cautions Doug Casey, New York Occasions best-selling creator and host of the Doug Caseyâs Take podcast. All over an insightful interview with Daniela Cambone, he delves into his views at the rollout of central financial institution electronic currencies, the precarious scenario within the Heart East, and the perils of wokeism. Highlighting that past monetary dangers, political dangers loom even higher, Casey advises folks to diversify politically by way of obtaining a secondary place of dwelling in another country and making an investment in gold. âItâs the one monetary asset thatâs no longer concurrently someone elseâs legal responsibility,â he asserts.
CHAPTERS:
00:00 Total financial sentiment
03:18 Mileiâs feedback at Davos
6:19 Argentina no longer becoming a member of BRICS
8:01 Peso
9:34 U.S. as opposed to the remainder of the sector
12:00 Putin
13:47 U.S. presidential election
17:22 Heart East unrest
22:45 CBDCs
27:18 Migration disaster
29:44 How will have to traders higher get ready?
33:34 Donald Trump
34:34 Definition of wokeism
TRANSCRIPT FROM VIDEO:
00:05
Hello, that is Daniela Cambone and welcome again to the Daniela Cambone display the place as of late I’m catching up with my excellent buddy, bestselling creator and international famend speculator, Mr. Doug Casey, who lately mentioned weâre having a look at a possible monetary and financial cave in and a social cave in in large part because of wokeness. Weâre going to discuss this, however so a lot more as of late. Doug, so excellent to look you. Thanks for becoming a member of me.
Â
00:34
Itâs a excitement. Iâm out right here at the never-ending pompous of Uruguay in this day and age the place I spend lots of the northern iciness, which is to mention the southern summer season. So yeah, itâs excellent to be right here. Neatly, thanks. Thanks for taking time out of your day to take a seat down with us. I feel itâs, , I donât wish to say glad new 12 months as a result of weâre virtually into February right here, however I feel itâs nonetheless essential to the touch base with you and more or less set the tone for a way Doug Casey thinks.
Â
01:02
2024 will disclose itself. I imply, , simply having a look at your quote, I donât suppose itâs a excellent one. And I wish to cross over, , sure information headlines right here with you as of late. However more or less, letâs get started with an total sentiment from Doug as to what he sees unfolding right here as we begin the 12 months. Neatly, Iâm a little bit bit chagrined in truth to suppose that each time I communicate with you, Danny, or for that subject, virtually any one.
Â
01:32
It turns right into a consultation of concern porn, as a result of as I practice issues round me, the whole thing seems lovely horrifying and gloomy. Sure, I do know the inventory marketplace is with reference to its all time highs and the bond marketplace has recovered reasonably, however thatâs no longer what Iâm speaking about. What actually issues me and naturally, out right here at the farm, I’ve a large number of time to do extra studying than I may different puts.
Â
02:02
And what Iâm actually enthusiastic about is the continued and Iâve were given to mention accelerating degradation even cave in of Western civilization. And thatâs a lot more essential than the place the inventory marketplace is or for that subject the place the gold worth is. Completely, completely consider you. And I feel thatâs a perfect segue into my speaking level right here in regards to the glitzy monetary tournament that everyone knows that wrapped Davos.
Â
02:32
And Argentinaâs Malay, Wall Boulevard Magazine has this headline, Argentinaâs Malay offers the Davos crowd a backbone transplant. He warns the elites what can occur if the West remains on as of lateâs socialist trail of servitude. He mentioned leaders at Davos, he prompt leaders at Davos to reject socialism and as a substitute embody unfastened undertaking capitalism to finish international poverty. Quote, as of late Iâm right here to inform you that the Western international is at risk.
Â
03:01
Klaus Schwabâs eyes opening up this extensive, Doug. What do you are making of Milletâs first in a foreign country excursion since taking administrative center closing month and his remarks at Davos? They have been love speechless. Neatly, I’m actually happy with Millet. Numerous individuals are announcing, heâs simply going to be any other false get started. Heâs simply going to be any other man that talks the controversy however isnât going to stroll the stroll. Nevertheless itâs lovely transparent to me that thatâs no longer the case. Iâve all the timeâ¦
Â
03:31
from when he first seemed upon the scene, I’ve all the time been a believer that he used to be trustworthy. He in truth understands libertarian ideas, he understands Austrian economics, and he does stroll the stroll. The issues that heâs accomplished simply within the brief length that heâs been president, abolishing seven or 8 businesses of the Argentine govt.
Â
03:59
firing their most sensible officers, no longer simply redeploying them to other bureaucracies. Glance, when he flew to the WEF, which in fact makes you suspicious, why would any respectable individual wish to cross to the WEF? In contrast to the former president of Argentina, who went in a central authority aircraft with an entourage,
Â
04:29
with simplest 3 or 4 friends to it. And the speech he gave used to be, it used to be like while youâre coping with a jackass. They are saying that while youâre looking to educate a jackass one thing, the very first thing it’s a must to do is hit it between the eyes with a two by way of 4 to get its consideration. And that speech he gave, which everyone will have to concentrate to, as soon as, two times, thrice, after which learn it.
Â
04:57
it used to be completely 100% sound. And giving it to that adversarial target audience used to be an act of braveness, as a result of those other people in truth are the enemy. And it used to be superb that he used phrases like parasites in relating to his target audience. So heâs off to an excellent get started. Itâs gonna be a rocky highway right here in Argentina, however nonetheless. Neatly, talking of, letâs simply speak about Argentina. Two issues right here.
Â
05:26
He pulled out of short of to be a part of the BRICS. Do you suppose that used to be a smart decision? And letâs communicate in regards to the devaluing of the PESO there as a part of his emergency financial reforms, is thatâs whatâs completely wanted. So two issues, do you consider pulling out of the BRICS and what heâs doing to the PESO? Neatly, glance, the BRICS just like the UN and the IMF and the OECD, those are all simply golf equipment forâ¦
Â
05:54
corrupt and overly empowered govt officers, the place they get to return in combination and consume pricey hors dâoeuvres and fake that theyâre giant offers. So from that viewpoint, yeah, Argentina doesnât want the bricks. His angle is principally that of Thomas Jefferson. Be a chum to all, however an best friend of none. His activity as president of Argentina is to make
Â
06:24
Argentina unfastened, which itâs no longer actually, wealthy, which itâs indubitably no longer, and stay it out of wars. And thatâs his goal. So he doesnât want to sign up for the BRICS for that as a result of while you connect the BRICS, I presume that thatâs gonna indicate sure issues that heâs gonna must do, sure insurance policies, heâs gonna must undertake.
Â
06:51
Theyâre all standing insurance policies the place governments paintings in combination, however he doesnât imagine in govt as an entity. So buddy to all, best friend to none. And also you donât must be a joiner. And at the subject of the peso, I imply, how is that impacting lives of the folk? Neatly, the peso has negatively affected the lives of the Argentine other people.
Â
07:20
ever because the Nineteen Thirties when Argentina had gold cash and other people used them in daily trade. And because then, Argentina has suffered one runaway inflation after any other. So the Argentine peso is the enemy of the common Argentine. It makes a extremely inflated foreign money, or for that subject, a foreign money thatâs inflated in any respect, makes it uneconomic and unattainable.
Â
07:49
for the common man to save lots of. And if you’llât save, you’llât get forward. And the truth that the peso is evaporating signifies that the blokes on the backside canât save, canât get forward. And thatâs why this nation has long past from being one of the vital richest on the earth 100 years in the past to one of the crucial impoverished on the earth. So we donât want the peso in Argentina. We donât want the central financial institution in Argentina.
Â
08:20
We simply, and he mentioned, use anything else you need as a foreign money. Use Bitcoin, use the greenback if you need. And without equal object is he hopes to re-institute gold because the daily foreign money in Argentina. Sure, sure. And weâre gonna communicate extra about that, extra about gold later, however yet one more level from Davos.
Â
08:48
as itâs in a atmosphere they typically dominate most sensible Biden management officers and US lawmakers discovered themselves, Doug, in an atypical place at the defensive crouch. And right here Iâm quoting a piece of writing from Politico. They mentioned, each day, the officers face questions in regards to the political tussle over offering extra support to Ukraine, congressional polarization, the optics of supporting Israel regardless of the struggling of Palestinians, and a rising bombing.
Â
09:14
marketing campaign towards the Houthis in Yemen. And each day, they needed to reassure overseas opposite numbers that america had the whole thing underneath regulate and that those have been sophisticated occasions, however not anything The us and its allies couldnât deal with. So do US feeling the force at Davos, ideas in this, on america as opposed to remainder of the sector optics presently? Neatly, because the American other people,
Â
09:42
uh, possibly elected Biden. I donât suppose so. I, Iâm individually the opinion that the election actually used to be stolen, uh, by way of, by way of the Democrats. Completely the whole thing that Washington has accomplished has been counterproductive. In truth, worse than counterproductive, regularly the other of what they will have to be doing. Uh, Washington DC has been captured by way of Jacobins. Those are the similar folks that, uh,
Â
10:10
captured the French govt after the revolution and grew to become it right into a police state. Those other people percentage the similar philosophy because the Bolsheviks that took over Russia in 1917. They’ve the similar mental make-up because the Chinese language had all through the nice Cultural Revolution. Those are terrible, bad other people. So each coverage of Washington is the mistaken coverage. From supporting Ukraine notoriously,
Â
10:40
probably the most corrupt nation in Europe. And we will be able to cross into an entire separate dialog about whoâs proper and whoâs mistaken, nevertheless it in truth makes no distinction. Itâs a border warfare between two shithole nations and none of our industry. What do you are making of the pushback from some professionals who say itâs the best dividend that The us will ever obtain investment to Ukraine as a result of theyâre preventing the battle towards Russia?
Â
11:11
Glance, the truth of the subject is that Russia is actually no longer a hazard to somebody at this level. Itâs being built out of complete fabric because the enemy of freedom. And the truth is that for all of the issues that Putin has, and should youâre going to upward push prime in any political order,
Â
11:40
You more or less must be a foul man. You finish up doing nasty issues. That is true of the top of state of each govt on the earth as of late. Putin is in truth no worse than maximum. In truth, heâs higher than lots of the legal magnificence, the parasites that run Europe. So I do know Iâm going to alienate a large number of your listeners whoâ¦
Â
12:06
almost definitely song into CNN and MSNBC to⦠I donât suppose so. â¦if there are day by day two mins of hate, as Orwell would have mentioned, or indoctrination. However Putin isn’t the unhealthy man. Should you in truth learn his speeches, they sound to me significantly better than any of the speeches that the Western politicians are giving. So I will be able to lay out the entire reason, even supposing we will have to don’t have anything to do with it. Itâs no longer our downside.
Â
12:36
that imagine it or no longer, and Iâm no longer protecting invading the Ukraine. That used to be a strategic error on Putinâs section, however all issues thought to be, heâs more or less a excellent man on this factor. Yeah, I wish to communicate to the election now as a result of I imagine youâve mentioned in different interviews, you suppose the Democrats will take this election. I do. I wrote a piece of writing.
Â
13:05
in 2016, predicting that Trump would win. However then I wrote any other article in 2020 that predicted that Biden would win. The rationale I predicted that, there have been a lot of causes for it, six explanation why I assumed that Biden would win, however no longer least of them used to be the used to be the
Â
13:35
Along with being a crisis, itâs virtually completely synthetic. However one of the vital main causes is the Democrats are a lot, significantly better at dishonest than the Republicans are. Now not that I feel the Republicans are excellent guys, however theyâre no longer just about as corrupt to the core because the Democrats are in this day and age. So the Democrats gained by way of dishonest, and I believe that as practiced at it as they’re, that
Â
14:05
win once more in 2020. To not point out the truth that theyâve been actively selling wokeism, which is an entire panoply of concepts, complete panoply of concepts which might be similar, which might be typically accredited by way of maximum, dare I say, of the American other people in this day and age. So, yeah, the Democrats have regulate of the equipment of the state.
Â
14:33
And so they wish to handle regulate of it they usuallyâll do anything else that they are able to to take action. So Iâm⦠Therefore the regulation, never-ending court cases towards Trump. Thatâs something they wish to financial institution. They wish to bankrupt them individually. They suspect that those court cases and naturally the common individual doesnât know anything else rather than what he hears. So he thinks, neatly, the place thereâs smoke, there will have to be fireplace. However those court cases are allâ¦
Â
15:01
general and entire bullshit. Theyâre harassment, itâs lawfare. And let me underline the truth, Iâm no longer actually partial to Trump. I really like the truth that heâs a cultural conservative. He needs to handle whatâs left of American civilization. Intestine feeling. He doesnât have a philosophical middle, in an effort to talk, however his intestine emotions are more or less excellent. His financial insurance policies are misdirected. You recognize, heâs anâ¦
Â
15:30
He believes in printing cash, however for excellent issues that he believes in. He believes in striking on, uh, uh, price lists the place he thinks itâs a good suggestion. Itâs all the time a foul thought. So a lot of such things as that, however taking into account the choices, yeah, Trump goes to be significantly better than any one that Democrats post. Even though I hasten to mention, the likelihood is that Iâd say way 0 that Biden is in truth going to run for president. Who, who, who steps in?
Â
16:00
Yeah, everyoneâs been asking themselves that query. Will or not it’s Michelle Obama? Folks have mentioned, neatly, will or not it’s Oprah Winfrey? Higher a black girl, in fact, in as of lateâs international. I donât know who the Democrats will post. Perhaps, concentrate, thereâs no be sure that weâll have an election. Perhaps the placement gets so severe with a warfare in another country that theyâll cast off the election. The restâs imaginable as of late. Letâs cross there.
Â
16:28
I actually hope I will be able to get via the whole thing I wish to contact on with you. And similar to I mentioned, so excited to talk with you. So letâs cross there. Ok. Like I assume proceeding alongside that thread of your review of Bidenâs dealing with of overseas affairs, letâs speak about Doug Caseyâs perspectives at the Heart East and the way unhealthy issues may just get. As a result of presently itâs nonetheless going down over there.
Â
16:58
We donât must care about it but. Itâs no longer affecting our everyday but. However what are the, how prime are the dangers that it begins spilling over, Doug? Theyâre very prime. In reality the mud up within the, within the Ukraine. Um, and by the way, I nonetheless name it the Ukraine, which used to be its reputable title because the nation used to be given. Used to be.
Â
17:28
created by way of Lenin in 1923. Itâs been remodeled into Ukraine. So I nonetheless use the previous title of the rustic. Thatâs more or less pale into the background. The large factor now could be whatâs happening between the Israelis and the Palestinians. Very first thing, itâs none of our industry, frankly. I imply, itâs very unlucky and Iâm sympathetic to all sides.
Â
17:57
I feel I perceive the explanation that all sides have for feeling that theyâre proper. Nevertheless itâs less than us to make a decision whoâs proper and whoâs mistaken. However this stuff generally tend to spin out of regulate as a result of there are a large number of bad legal personalities within the U.S. Congress that in truth wish to bomb Iran. Sunglasses ofâ¦
Â
18:25
Who used to be that terrible senator that due to this fact died that ran for president with an Irish title? Heâs were given a daughter whoâs virtually as unhealthy as he used to be. Anyway, sure, it will grow to be a warfare towards Iran. After which this factor with the Houthis. Oh, McCain. Sure, John McCain. No person had heard of the Houthis six months in the past. And even heard of Yemen.
Â
18:51
six months in the past, nevertheless itâs a strategic juncture to the doorway to the Purple Sea. So why are the Houthis launching missiles towards boats? Neatly, the reason being they improve the Palestinians. Theyâre of the opinion that the Israelis are committing a genocide towards the Palestinians. I donât wish to get into that. Itâs none of our industry. In truthâ¦
Â
19:18
when it comes proper right down to it, despite the fact that thereâs a large number of issues of this view, Iâm at the Israeli aspect of this, as a result of theyâre the one outpost of Western civilization, reminiscent of it’s within the Heart East. However the explanation why the Houthis are attacking boats is as a result of theyâre looking toâ¦
Â
19:45
battle at the Palestinian aspect of this by way of denying business to the Israelis. In order thatâs the issue. And america getting all for it and bombing the Houthis, I imply, itâs actually a warfare crime. They havenât declared warfare towards america. America hasnât declared warfare towards them. However weâre simply promiscuously flying planes in there and killing a lot of Yemenis. Itâs in truth aâ¦
Â
20:15
an competitive warfare crime that weâre doing. And no person talks about that as a result of I assume weâre all the time at the proper aspect of items. Itâs none of our industry. And now the Houthis, Biden having a look to put them at the terrorist watch record right here. They took them off the record and now theyâre again at the record. Glance, the best way that is almost definitely gonna finish up as a result ofâ¦
Â
20:43
guns, particularly missiles, were democratized within the closing a number of a long time. And itâs at this level army resources say that the Houthis, and naturally it wasnât goodbye in the past, it was once North Yemen and South Yemen. And we donât must get into all that, however the Houthis are the previous North Yemen that have been joined in combination they usually almost definitely will have to fall aside. They’ve a civil warfare happening in that nation.
Â
21:13
between the North and the South, which is any other factor. Itâs all the time a foul thought to take facets in someone elseâs civil warfare. However the truth is that they’ve hundreds of those missiles that theyâre launching. Now, someday, theyâre going to release sufficient of them at one time and conquer US defenses of no matter ships we have now there, they usuallyâre going to actually harm, God forbid, sink a USâ¦
Â
21:41
Worship there and what I used to be going to do. So yeah, this may actually spin out of regulate, proper? proper Ok, any other speaking level on neatly, I used to be more or less stunned to look this I mentioned wow May just this actually be a part of turn out to be a part of the marketing campaign path? I do know Vivek Had introduced up central financial institution electronic currencies, however now all through the marketing campaign speech in New Hampshire former president Donald Trump vowed
Â
22:09
to forestall the introduction of a US central financial institution electronic foreign money of re-electing it, calling it a perilous risk to freedom. He warned that the central financial institution electronic foreign money would give the federal government absolute regulate over your cash and the power to grab budget with out particular personâs wisdom. Once I noticed this, my first concept used to be, I used to be simply extra surprised that weâre speaking about central financial institution electronic currencies. And clearly Iâm glad about it as a result of I would like other folks to be trained on central financial institution electronic currencies.
Â
22:39
Your take? Neatly, as of late within the West, once we purchase issues, we virtually all the time use bank cards in this day and age. And in China, Sweden, different nations, they actually donât even use bank cards anymore. They use their smartphones. So your next step up for comfort is to completely digitize the greenback and feature the greenback transparent during the federalists.
Â
23:08
during the central financial institution. Now, when that occurs, it signifies that the federal government, the Federal Reserve, and in some ways are the similar factor, will know the whole thing that you just purchase and all resources of your source of revenue, they usuallyâll have all your financial savings, and itâs all going to be held in no longer even a work of paper, which is a minimum of is one thing that may be personal and discreet.
Â
23:37
When the whole thing is completed by way of central financial institution electronic currencies, theyâll know the whole thing about you. And should youâre politically improper, just like the Canadian truckers have been lately, the place the Canadian govt used to be in truth attaining into their non-public financial institution accounts and penalizing them. So the similar factor can occur. Virtual currencies are a disastrous thought. Pay attention, if you wish to use your mobile phone, you will have toâ¦
Â
24:06
discover ways to use Bitcoin to shop for and promote issues. And naturally, maximum traders gainedât wish to take Bitcoin as a result of theyâre no longer accustomed to it. However thatâs an answer. Itâs to not centralize issues extra and provides extra energy to the state, which is what those CBDCs are going to do. Theyâre an entire crisis. Are we able to forestall them? I imply, Christine Lagarde on New 12 monthsâs Eve, I take into account opening Twitter and seeing her message or a New 12 monthsâs Day, twenty fifth anniversary of the Euro.
Â
24:34
Weâre so excited. Search for a electronic model of the Euro coming quickly. Clearly, , establishing a story of that is one thing celebratory. So it kind of feels that this educate canât be stopped. Yeah, itâs virtually taken on a lifetime of its personal. It actually has at this level. And because those other people regulate the equipment of the state,
Â
25:02
Theyâre ready to put into effect this stuff on society, and the general public cross together with it. Glance, announcing the type of issues that Iâm announcing doesnât do me any excellent individually. Itâs like a flock of chickens. Should youâre the rooster within the flock thatâs were given a feather thatâs out of order, all of the different chickens will assault you. And thatâs what occurs. The flock has completely been captured by way of the Wokas at this level, so Iâm no longer doing myself any excellent.
Â
25:31
by way of announcing this stuff, nevertheless it amuses me. And I love to really feel that Iâm doing the great factor. After all, those other people in truth are so bent that they really feel what theyâre doing is the great things. Itâs a elementary dichotomy of ethics of what you suppose is correct and mistaken, excellent and evil. Thatâs what itâs coming right down to. Itâs no longer only a query of, is it handy or will it paintings or?
Â
26:01
Will it upload to the GNP or subtract from the DNP? Itâs a query of one thing a lot more elementary than that. The entire nature of guy and prefer I mentioned, whatâs proper, whatâs mistaken, excellent and evil. That is simply an utility of that. It’ll be attention-grabbing. I think thereâs no scarcity of, I imply, it’s going to be attention-grabbing to look the problems which might be actually going to be talking to Americanâs hearts that, , that weâll see on, come the election. I imply,
Â
26:31
You recognize, is it going to be americaâs dealing with of the Heart East, Heart Jap warfare? Is it going to be The usâs steady investment to Ukraine? You recognize, Mike Johnson now speaking, floating the theory of letâs freeze Russian belongings to pay for the Ukrainian warfare. And we didnât even comment on the mass migration, Doug, mass migration. I imply, why are there sanctuary towns and the way have been they ever, like, why is New York a sanctuary town?
Â
27:02
Why does the common American must, in impact, put any one that walks around the border, and typically talking, theyâre no longer folks that know anything else about American values, or percentage any concepts of American historical past or philosophy, or what made The us other and higher than some other nation on the earth? So we need to put some of these other people on welfare, which is precisely the mistaken sign to ship to them. I imply, not anything mistaken with immigrants.
Â
27:30
Iâm in truth taken with immigrants. But if other people immigrated right here to america 100 years in the past, they needed to make it on their very own. There used to be 0 welfare. They were given 0 improve from the federal government. They needed to make it on their very own. Thatâs no longer the case with this new magnificence of people who are being given cash, given mobile phones, given puts to are living. Weâre in reality uploading a time bomb since we donât know who those individuals are.
Â
27:59
except for for the truth that they donât percentage any elementary American values.
Â
28:05
This would all be solved. You recognize, you’llât have a welfare, you’llât have unfastened immigration in case you have a welfare state. As a result of in case you have a welfare state, you draw in the worst more or less other people. Folks which might be in search of one thing for not anything. In California, now they wish to formally permit unfastened hospital treatment to any one and everyone, without reference to their standing. So if I used to be a
Â
28:35
a deficient Venezuelan or a deficient Nigerian or whoever it’s. Completely. Iâd attempt to get to the U.S. once imaginable and get at the gravy educate.
Â
28:48
Oh, Kasey, I assume my query is, I do know youâre out in Uruguay presently, however I see such a lot of other people considering that they want a plan B all through those occasions. I imply, do you suppose thatâs what all of us will have to be doing is considering of, will we all desire a getaway plan and want to be making an investment in issues reminiscent of gold and issues thought to be outdoor the machine? I imply, how will have to we be making ready for the whole thing that we need to face right here?
Â
29:16
Neatly, your best menace on the earth, the monetary dangers on the earth as of late are large. Inventory marketplace, bond marketplace, actual property marketplace, all of this stuff are very, very dangerous as of late, constructed upon a huge and rising pyramid of debt, which might cave in. So your monetary dangers are large as of late. However your political dangers are even higher.
Â
29:46
So what it’s a must to do, simply as you diversify financially, you will have to diversify politically. Now, how do you do this? You do this by way of having a⦠If you’ll have the funds for it, and I am hoping youâre able to take action, should youâre no longer, put your self able to take action. You will have a 2nd place of dwelling in another country in a solid nation that you just experience, ideally aâ¦
Â
30:15
2nd citizenship in another country as a result of your U.S. passport isn’t your ownership, itâs the ownership of the U.S. govt. It says it proper at the passport. And they are able to cancel electronically for any collection of causes. And they have got accomplished that with other people more and more. Theyâre doing it as of late. In order thatâs the very first thing you need to do. Politically diversify in a special and extra solid overseas atmosphere. Thatâs primary. And throughout the U.S. and in
Â
30:44
your 2nd or 3rd overseas nation, make certain your investments are in the precise position. Now, I choose gold. Iâve preferred gold for a very long time, because the early Nineteen Seventies. Shameful to mention that Iâm sufficiently old in an effort to make that remark, nevertheless itâs handled me really well. Over time, itâs long past up about, let me see, from $40 to $2,000. Itâs long past up 50 occasions, which is
Â
31:12
Now not unhealthy for a financial savings car. And thatâs what I see gold as. Itâs the one monetary asset thatâs no longer concurrently someone elseâs legal responsibility. You’ll have it to your personal palm. So gold is the root of it. After which past that, I feel it’s a must to discover ways to speculate since the monetary markets are going to be going up and down like an elevator with a lunar tick of the controls, which is in truth an excellent analogy for whatâs happening. It’s.
Â
31:41
to check out to stick forward of the debasement of the foreign money. As a result of america is getting poorer now and printing up extra money, which theyâre doing by way of the trillions at this level, isn’t going to make it poorer, itâs going to, richer, itâs going to make it poorer, except for for the folk which might be hooked up in Washington and New York. Theyâre getting richer at an accelerating charge. So weâre having a look at magnificence war.
Â
32:08
Perhaps even one thing equivalent to a civil warfare, no longer like the only, no longer just like the unpleasantness that we had from 1861 to 65. This shall be other this time, nevertheless itâs an overly risky scenario. I recognize you outlining those actual risks and no longer, I simply chuckled myself after I noticed the economist headline, Donald Trump poses the largest hazard to the sector in 2024. Um, no, the rationale the common man helps him is as a result of Donald Trump is
Â
32:39
for all his issues, and there are many them. Heâs looking to chase away towards the globalists, the kind of folks that display up on the International Financial Discussion board. And, , there are excellent issues going down on the earth. For example, Argentina, which is simplest about one cycle forward of america in sliding against the sewer.
Â
33:08
The common individual in Argentina, particularly younger individuals who have been being harm worst, determined weâve were given to eliminate those criminals. And thatâs why they elected Millay, who is completely sound. And as soon as once more, I encourage other people to Google Millayâs speech to the WEF. And this used to be brave on his section, , telling the world legal magnificence, who’re very tough, precisely what he thinks of them and what will have to be accomplished.
Â
33:39
Closing query to you Doug since you spoke of the hazards of wokeism and I do know Iâm going to get questions of whatâs Dougâs definition of wokeism since the time period woke has been so distorted and other people have other definitions. However for you, what does it imply to be if one is woke? It signifies that you settle for this ethical code that has been subtly imposed and slowly imposed over time.
Â
34:08
It has now blossomed. It signifies that you donât imagine in unfastened speech until itâs very politically proper and accredited. You donât imagine in unfastened concept. You donât imagine in entrepreneurialism. You suppose that in reality you almost certainly imagine in a assured annual source of revenue. It signifies that you imagine within the govt versus the person. It signifies that the entire ethical foundation, the entire moral foundation.
Â
34:37
of your philosophy has been corrupted with those collectivist concepts. It signifies that you notice everyone is both a member of the oppressor magnificence or the oppressed magnificence, one or the opposite. Speak about dividing society into two. So itâs an overly, very bad factor. And it shouldnât be countenanced. It shouldnât be accredited.
Â
35:07
by way of announcing, oh, neatly, they have got excellent intentions they usuallyâre looking to do the precise factor. No, those individuals are both silly or theyâre in truth evil, which means that that they’re actively damaging. What do they wanna spoil? They wanna spoil all the values that made The us other and nice. In truth, all of the values that began with historical Greek civilization of crucial considering.
Â
35:35
that make Western civilization some distance and away awesome to some other civilization in international historical past. They actually wish to wash away some of these issues. Now, Iâm no longer a traditionalist, however I really like to have a look at issues and Iâd love to stay whatâs excellent and throw out whatâs unhealthy. And that suggests throwing out socialism and communism and fascism.
Â
35:58
which is in truth the reigning ideology on the earth as of late. It has not anything to do with jackboots and black uniforms. By the way, itâs an financial machine, the melding of the state with firms. And other people suppose itâs capitalism as a result of firms are concerned. No, itâs were given not anything to do with that. Fascism, by the way, used to be a phrase that used to be coined by way of Mussolini, a partnership between the state and firms. So he needs to, we wish to throw out all the ones issues and return to
Â
36:27
particular person freedom and capitalism.
Â
36:33
Doug Casey, you’re a gem, and I thanks for this episode in crucial considering. And, um, neatly, in this day and age, Daniela, weâre in this day and age, Daniela, weâre at the mistaken aspect of historical past, or a minimum of it seems that that manner, however, um, Iâm no longer going to, uh, uh, be in charge of desertion within the face of the enemy. So someoneâs were given to mention this stuff and a few other people will concentrate to it and say, ,
Â
37:01
Roughly is sensible. I ought to appear into it additional. Neatly, I recognize you. I recognize your time. Come again anytime. Doug Casey, thanks. Thank you Danielle. And thanks taken with looking at. Weâll have extra nice content material coming your manner at the Daniela Cambone display. Donât fail to remember you’ll join at danielacambone.com. Thatâs it for me. Thank you for looking at.
SOURCES:
https://twitter.com/GregMannarino
https://traderschoice.internet/
https://www.cnbc.com/quotes/.SPX
https://www.youtube.com/watch?v=7CIRI4XKSDQ
https://www.youtube.com/watch?v=BCcNRaGaJfU
https://www.youtube.com/watch?v=Pfcd0gWNIog
https://www.politico.com/information/2024/01/19/davos-us-defense-israel-ukraine-00136570
https://www.youtube.com/watch?v=fLv7HssHqd4
https://www.youtube.com/watch?v=rmBG0TjgAIk
https://www.youtube.com/watch?v=LIU-tAquSnI
https://www.youtube.com/watch?v=kpOpJ_2fXdE
https://twitter.com/VivekGRamaswamy/standing/1627885825974214656
https://thehill.com/industry/4416139-trump-vows-to-block-creation-of-digital-dollar/
https://www.youtube.com/watch?v=VwâlLANvz8
https://www.youtube.com/watch?v=w1NYL9d68nU
https://twitter.com/RealDougCasey/standing/1742558181115806027
https://internationalman.com/articles/doug-caseys-bold-predictions-for-a-turbulent-2024/
https://www.youtube.com/watch?v=8Rge0NHSwQM
https://www.youtube.com/watch?v=6JiFp6-9Xmc
https://gregorymannarino.substack.com/p/list-of-commodity-etfs