The world is in very serious shape right now. Governments have use the pandemic to greatly increase their power and further subjugate their citizens. And this is very worrisome to citizen off the world Doug Casey. Freedom is on the run. The only safe places he sees are Uruguay in South America and perhaps Portugal in Europe. He refers to Europe as a sinking ship and certainly most of Asia is a no-go. Depressions can last for decades and the Great Depression may go on for quite a while, just look at Russia's 20th Century Depression that lasted over 80 years and China's near 50 year Depression. They're caused, directly or indirectly, by government and this one is no different. And as Doug also states, "Government is the cause of poverty."

Direct download: Doug_Casey_10.Dec.20.mp3
Category:general -- posted at: 11:13am EDT

Markets are in for a very wild ride. Covid taking front and center and the stock market is still holding up in spite of the threat.There’s an attempt at the Santa Rally, we'll see if it succeeds. However, markets will close higher for the year. Renewed investor interest will keep things moving to the upside. They’re looking beyond. Rally will continue into January. More stimulus is certainly coming and the markets can't get enough of it. At some point there will be a pretty sharp connection. Perhaps another March crash. But until then, individual industries are rocketing higher. EV market is on fire. Big money is flowing into it. How long will they print for and drive the Dollar down? Nominal returns aren’t real returns. 

Gold and precious metals are the ultimate insurance policy. For obvious reasons. You need physical things and we’re coming into a commodity super-cycle. Where do you go when currencies are falling. 

Copper has had an impressive upward move. It’s a good sign on the overall economy. Fundamentals are down, but markets are saying otherwise. Oil is recovering and this could be a full-fledged bull market. One reason why metals have been under-performing. Gold and silver are still in a very positive bull flag pattern. 

Platinum could be on the verge of great returns. It was near a breakout. Could be a multi-month/year breakout. It’s not a crowded traded. This is how bottoms are created. 

Interest rates will be stagnant for well into the future. Bonds are starting to show some signs rallying upward. The Fed can't afford to raise rates now or forever. 

Direct download: Chris_Vermeulen_09.Dec.20.mp3
Category:general -- posted at: 8:01am EDT

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