Panic Into Gold Lies Ahead - Doug Casey
Longtime investor Doug Casey says he expects eventful, yet somewhat frightening, years ahead for markets and the U.S. economy. Speaking with Kitco News on the sidelines of Freedom Fest in Las Vegas, Casey warned that “we’re on the cusp of the greater depression.” “I believe that this year, before this year is over, we’re going to enter the trailing edge of the storm, which is going to be really chaotic and much more different than what we had in 08-09,” he added. What will happen? “One of the characteristics of it is that there is going to be a panic into gold,” he said. (show less)
Longtime investor Doug Casey says he expects eventful, yet somewhat frightening, years ahead for markets and the U.S. economy. Speaking with Kitco News on the sidelines of Freedom Fest in Las Vegas, Casey warned that “we’re on the cusp of the greater depression.” “I believe that this year, before this year is over, we’re going to enter the trailing edge of the storm, which is going to be really chaotic and much more different than what we had in 08-09,” he added. ... (read more)
Freedom Fest 2016
Freedom Fest is an annual conference where over 2000 “free-minded” attendees meet to celebrate freedom and to discuss everything from the current state of the economy to maintaining a free and healthy living. Founded and produced by famed economist Mark Skousen, Freedom Fest has been attracting record crowds for over a decade. Held in Las Vegas, Nevada, the conference attracts the “best and the brightest” to talk, strategize, socialize, and celebrate liberty. Freedom Fest is open to all and is purely egalitarian, where speakers, attendees, and exhibitors are treated as equals. This year’s conference keynote speakers include heavyweight champ George Foreman, Senator Rand Paul, Judge Andrew Napolitano, boxing promoter Don King, media mogul Steve Forbes, and more. Tune in to our coverage from July 13-16 live from Las Vegas.Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
