Doug Casey on Why He's Uncomfortable Buying Gold Right Now (Part 2/2)
For Part 1 of this interview, CLICK HERE
We are on the cusp of a real upset of the U.S. dollar, says Doug Casey, founder of Casey Research. In Part 2 of his in-depth interview with our Daniela Cambone, Casey cautions that there will be "a real panic out of the dollar" and a hike in gold prices.
Having had bought most of the yellow metal at $250/oz, the famed speculative investor explains his discomfort with buying it at current levels of $1,800/oz. Casey also speaks about turbulent times ahead- which he claims will persist for not just a year, but an entire decade.
Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-written the monthly metals-and-mining-focused investment newsletter The International Speculator. He has authored four books, including Crisis Investing