The concept of government is that the people grant to a small group of individuals the ability to establish and maintain controls over them. The inherent flaw in such a concept is that any government will invariably and continually expand upon its controls, resulting in the ever-diminishing freedom of those who granted them the power. […]
Continue readingEverybody knows that royalty and streaming companies are the things to own in bad gold markets. The business model means that they are not responsible for costs, so while revenue on a “same-store” basis declines with the price of gold, their profits do not shrink anywhere near as much as for mining companies. The stocks […]
Continue readingInternational Man: Deagel is a private online source for the military capabilities of the world’s nation-states. It recently released a shocking five-year forecast. The report analyzes countries by projected population size, GDP, defense budget, and more. In it, they predict a 70% reduction in the size of the United States population. This is a bold […]
Continue reading“Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.” – Thomas Jefferson Histories are generally written by academics. They, quite naturally, tend to focus on the main events: the wars and the struggles between leaders and their opponents […]
Continue readingInternational Man: For over 2,500 years, gold has been mankind’s most enduring money. With the emergence of Bitcoin—which has piqued the interest of many—there is a new hard money option. How do you see the two as governments worldwide are engaged in the most extreme money printing experiment in history? Nick Giambruno: Let me first […]
Continue readingInternational Man: Recently, Secretary of Treasury Janet Yellen called for a global minimum tax rate because it would reduce the likelihood of US companies moving offshore. It seems that the US government recognizes that its confiscatory tax policies are driving productive people and companies out and is looking to make sure they have nowhere to […]
Continue readingEditor’s Note: The US government has unleashed trillions of dollars of stimulus with no signs of stopping, while governments around the world have instituted restrictions on travel, businesses, and more. These trends are favorable for the price of gold. But why hasn’t gold responded? Today, we turn to Doug Casey’s long-time friend and gold expert […]
Continue readingInternational Man: The trend of investing in so-called environmental, social, and governance (ESG) companies is growing. Companies are rated based on their carbon emissions, diversity on their board, among other factors. Many companies seem to be bending over backwards to show their ESG credentials. What do you make of all this? Where did this all […]
Continue readingEconomics should not be an especially difficult subject to understand. In essence, it’s simply the study of how money functions. However, academics, theoreticians, politicians, and financial leaders all stand to benefit if they can manage to complicate the basic principles and muddy the waters of economic comprehension. No individual has been manifestly more successful at […]
Continue readingEditor’s Note: Jayant Bhandari is a long time friend of Doug Casey’s. He advises institutional investors on investing in the natural resource sector. Jayant writes on political, economic and cultural issues for several publications. Jayant also runs a yearly philosophy seminar in Vancouver, Capitalism & Morality. Value Traps and Economic Ignorance A financial analyst is often, […]
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