Doug Casey is the founder of Casey Research and well known for his forecasting prowess, having accurately called the crash of 2008 and many other trends over the last four decades. In his latest interview with Future Money Trends Casey explains what a Donald Trump Presidency will mean for financial markets, economic stimulus, and geo-politics. As he’s noted previously, 2008 was just the first part of the storm and we are rapidly approaching the trailing edge of the hurricane. This time around it’s going to last much longer and be much worse than what we experienced before.
In short, as Casey succinctly explains:
The one thing I feel very confident of is we’re going to have financial chaos in years to come and that’s going to drive people into gold and to a lesser degree into silver.
There’s absolutely no reason from fundamental point of view for bonds and stocks to be as high as they are right now… We’re in for a huge political, financial, demographic and military upset… these people might start World War III or seem like they’re trying to with the Russians… It’s a very dangerous situation.
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1 comment:
No kidding been brewing since the formation of THE FED. An illegal method of a giant government spending credit card and cant make minimum payments as balance with interest grows. Our forefathers warned us of this we never have should have come off the gold standard. Thanks to Clinton everything the government has is all debt now. The Social Security Equity was the last cash the government had which he spent.
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