International Man: What is so attractive about making investments through private placements versus buying in the open market? Doug Casey: There are a lot of advantages. To start with, you don’t pay a commission to a broker. If a broker is involved, the company pays the commission. Second, private placements are almost always done at […]
Continue readingJust as people go through a lifespan that consists of different stages, so empires tend to follow a pattern of stages. They tend to start off slowly, making progress as a result of industriousness, understanding that progress is dependent upon hard work and an entrepreneurial spirit. This is important to understand, as it’s the one […]
Continue readingEditor’s Note: Adrian Day is Doug Casey’s long-time friend and a gold investing expert. Adrian is president of the eponymous Adrian Day Asset Management, which manages discretionary accounts in both global and resource stocks for investors. Below he shares his insight on gold and gold mining stocks in this current economic environment. — Gold is […]
Continue readingYou’ve heard the axiom “History repeats itself.” It does, but never in exactly the same way. To apply the lessons of the past, we must understand the differences of the present. During the American Revolution, the British came prepared to fight a successful war—but against a European army. Their formations, which gave them devastating firepower, […]
Continue readingIn one instance after another, history proves to be a reliable bellwether as to what will happen in the future. The reason that this is so often true is that, throughout the ages, whilst technology has been ever-changing, human nature remains essentially the same. In November of 1932, the Nazis had lost considerable ground in […]
Continue readingA bull market can make an average or even rookie investor feel smarter than a Wall Street or Bay Street vet. First time investors are throwing darts at a board blindfolded and coming up with big winners. They’re putting their “Stimmy’s” (stimulus checks) to work in Robinhood—getting free stock for signing up and watching their […]
Continue readingYou’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking should be boring. And we’re sure officials at central banks all over the world today—many of whom have trouble sleeping—wish it were. This brief article will explain why the world’s banking system is unsound, and what differentiates a sound […]
Continue readingIn June of 2015, Donald Trump announced his candidacy for president of the US. At that time, his candidacy was looked upon as a joke, and indeed, well into the campaign in 2016, both Democrat and Republican politicians treated a win by Mister Trump as a ridiculous impossibility. Yet, at that time, I predicted that […]
Continue readingThe carnage always comes by surprise, often on an otherwise ordinary Saturday morning… The government declares a surprise bank holiday. It shuts all the banks. It imposes capital controls to stop citizens from taking their money out of the country. Cash-sniffing dogs, which make drug-sniffing dogs look friendly, show up at airports. At that point, […]
Continue readingInternational Man: Recently, Big Tech companies like Twitter, Facebook, and many others de-platformed the sitting president of the US. Apple and Google also removed the conservative social media app Parler—an alternative to Twitter—from their app stores. Amazon removed Parler from its web hosting services. Are we seeing the beginning of widespread censorship in the country? […]
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