Doug Casey's Speculations
Peril And Profits: Predictions for the 2020s and How to Profit
As a supplement to our conversations on YouTube, Doug Casey and I put together a Special Report. In it, we outline the dangers of the next decade and Doug explains how he’s investing right now.
Excerpt from the Report:
We're on the edge of the precipice. The inevitable is becoming the imminent – an economic calamity and, perhaps, something much worse. I’m convinced that the 2020s will turn out to be among the most tumultuous times in modern history, including the Great Depression of 1929-1946, as huge distortions and malinvestments are liquidated.
I’ve said it before, but this is worth repeating many times, because people don’t take it as seriously as they should. We entered a gigantic financial hurricane in 2007. We’ve been in the eye of the hurricane since 2010. It’s a large eye, yes, but it’s in proportion to the huge size of the hurricane. I admit: I’ve been early on this, since the degree of what governments have been doing—with ZIRP, QE, and now the War Against Cash, is unprecedented. But we’re exiting the eye of the storm and going into its trailing edge. The global economy will be engulfed in the trailing edge of the storm.
The second half of the storm is going to be much worse, much different, and last much longer than what we saw in 2008 and 2009. And we’re not just looking at a financial reset. It will likely be as socially, politically, and economically turbulent as any time since the Industrial Revolution.
In the report you’ll find:
Doug’s predictions for the next decade (you’ll see why he’s worried).
Three gold mining stocks and two gold royalty stocks
Doug’s take on Cryptocurrency
If Bob Prechter likes you you are probably on the right track. I have been watching Elliott Wave since the late 70's.