Gold 'super bubble', another Civil War now more likely than ever - Doug Casey gets serious
0:27 - Collapse of Western society; coming civil war6:30 - Investment implications11:49 - Gold and gold stocks15:20 - Political assassinations17:31 - Long-term improvements in society
In this interview, Doug Casey, founder of Casey Research and InternationalMan.com, discusses the collapse of Western society, the growing chances of another American Civil War, investing versus speculating, a gold bubble, and the morality of political assassinations.
The chances of Americans clashing in another Civil War are now higher than ever, Casey said, who noted that in todays' environment, gold, and gold stocks in particular, have not yet begun to see the highest price peaks.
"So what's the next bubble, that's what a speculator has to ask himself, and the answer to that is gold, also commodities in general. In particular, there's going to be a super bubble in gold stocks," Casey told Kitco News.
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