Doug Casey

International Man: Palentir’s Peter Thiel recently moved his family to Argentina, bought a $12M house in Buenos Aires, and some farmland in Uruguay. Thiel also has New Zealand citizenship and reportedly has a Maltese passport. So this isn’t his first attempt at international diversification. What do you think he’s positioning for? Doug Casey: It’s obvious he sees […]

Matt and Doug open with a light discussion about June holidays, local attitudes toward Pride Month in Virginia, and Trump’s unusual AI-style memes, then shift into subscriber questions. Doug explains his cautious stance on sizing into cheap junior mining and gold stocks while wanting more cash “dry powder” amid fears of a potential deflationary market collapse that could temporarily drag miners down too. They discuss whether nuclear weapons and modern city-targeting warfare violate the Geneva Conventions, citing WWII bombings, Korea, Iraq infrastructure attacks, and the devastation and contested casualty estimates in Gaza and southern Lebanon. Doug and Matt touch on eVTOL investing as a regulatory-heavy, early-industry space; risks from Japan rate changes, major tech IPOs, index/ETF dynamics, and speculative options; corn vs. soybeans as a fertilizer play; Doug’s views on the soul as unprovable but personally plausible; why Eric Sprott’s Forbes cover isn’t a top signal; Interactive Brokers for Canadian exchanges; and why inheritance often harms children unless values and education are strong.

International Man: TV, movies, popular culture, government schools, and many factors mold the minds of today’s kids. Unfortunately, these institutions are rotten to the core. What are parents and children up against today? Doug Casey: It’s very serious. Once upon a time, going to school and watching a movie or a TV program wouldn’t endanger your kid’s […]

On the July 3 observed July 4 holiday, Matt and Doug compare America’s 1976 Bicentennial mood with today, citing major shifts in demographics, a larger population, widening class divides, the decline of manufacturing, and especially computerization and heavy screen time, alongside reduced patriotism and optimism and more political polarization. They discuss changing race relations and immigration, then pivot to subscriber Q&A about Crisis Investing after Lau Veges’ departure, risks of foreign bank accounts amid potential capital controls, gold-backed “goldbacks,” whether a US government could compel the Sprott Uranium Trust to sell uranium, possible investment opportunities in a collapsing Cuba, views on the death penalty and abortion, where “renaissance men” are most common, why countries splitting can be beneficial, concerns about Javier Milei’s pro-Israel actions and immigration stance, and why they won’t track panelists’ personal trades from their experts roundtables.

International Man: Private equity firms used to be associated with big corporate deals, but now they’re buying up plumbing companies, HVAC businesses, roofers, dental practices, veterinary clinics, car washes, and other small, boring, cash-flowing businesses all over the US. What do you make of this trend? Doug Casey: It’s not a sign of healthy capital allocation. Brokers […]

International Man: What makes uranium attractive as a speculation? Doug Casey: First of all, consider simple physical reality. Uranium is the cleanest, cheapest, and safest form of mass power generation. I understand that most people will be shocked to hear that, so let me explain. It’s the cleanest. Unlike coal—which generates millions of tons of […]

Matt and Doug discuss a proposed Trump “$1 gold coin,” calling it inappropriate for a sitting president and a sign of “end-stage empire,” comparing it to Rome’s shift to leaders’ faces on coinage. They also cover a plan to sell early access to Trump’s Truth Social posts for $100,000/month amid allegations of stock front-running, plus a $500,000-entry private D.C. club tied to Trump’s son as legalized influence peddling. The conversation shifts to escalating U.S.-Iran conflict risks, possible boots-on-the-ground odds, Israel’s role, parallels to Iraq/WMD claims, and the financial strain of missile-heavy warfare. They argue oil and gold should rise, criticize claims about U.S. gold reserves, note European sentiment turning against the U.S., discuss surveillance “Flock” cameras, disappointment over lack of major prosecutions, market confusion, and potential opportunities in undervalued oil and dividend-paying gold stocks.

International Man: The government is now offering “Trump Accounts” for children, with a $1,000 federal contribution for eligible kids born from 2025 through 2028. Why do you think the government wants this money held in an IRA-style structure instead of simply giving families direct ownership and control? Doug Casey: My understanding is that once the money goes […]

Matt and Doug react to headlines including Trump’s threat to revoke ABC/NBC broadcast licenses, arguing the FCC and licensing are fundamentally problematic and that Trump is using state power against perceived enemies. They criticize a proposal to penalize Canada for wildfire smoke and discuss Trump’s tariffs on Canada and Brazil, including Brazil’s Pix payments system, as economically destructive and alienating allies. Doug describes personal fallout from China’s retaliatory tariffs hitting his geoduck clam investment, eliminating dividends and forcing layoffs. They discuss declining U.S. passport standing and the burden of U.S. taxation on citizens abroad, labor-force concerns (105 million not working; most net new jobs since COVID going to foreign-born), DEI hiring effects, and Trump’s SAVE Act provisions (ID, proof of citizenship, no mail-in ballots) and low passage odds. The conversation ends with bearish market views, SpaceX’s post-IPO drop, high margin debt, concerns about AI/data-center overinvestment, Chinese open models, and a preference for underowned resource stocks.

International Man: Treasury Secretary Scott Bessent recently declared that all US gold is “present and accounted for” and said the country’s stockpile is now worth more than $1 trillion at current market prices. What’s your take on this? Doug Casey: How does he know it’s “present and accounted for”? There hasn’t been an audit for many decades. […]