You wouldn’t think it to look at him but this is an unbelievably smart man.If I ever met this guy we would be good friends.This is the first time ever on RU-vid I’ve actually heard someone who speaks the truth and says it exactly like it is. This guy is a genius.
@@peaceonearth8693 it sounded insulting but I know what he's getting at...A man in a Lazy Boy recliner, with a home decor reminiscent of a mobile home, wearing a Polo style shirt that's semi unwrinkled, doesn't exactly signal a successful person vs general investment commentators, as right or wrong as it might be.
Me too. For anyone who hasn't seen it, watch the younger Doug Casey impress even leftist Phil Donahue on his show. He's one of a kind. As is Peter Schiff, et al. These American libertarians and sometimes ex-patriots are something. They figured it all out long ago. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-uAk6_74m_kI.html
“Globalism….has overplayed its hand.” I like that, I think that is true. Scary, uncertain times, though… Never thought I’d live through something like this. I feel like I’m in survival mode when I’d, obviously, rather be thriving. Just hope I have enough money in the future to avoid being homeless when I can no longer work…
I want to thank Casey for clarifying the notion of " no counterparty risk", meaning that, for precious metals, trust doesn't need to exist, for a transaction using precious metals to take place. Precious metals carry their own proof of authenticity.
Doug Casey is correct that a VERY HORRIFIC OUTCOME is coming by ~2024ish. Felix Zulauf is correct that we have a crackup boom coming from summer into 2023 then the mother of all economic collapses starting no later than 2024. That crash is what will be required to enact UBI so enough of the people will beg for their CBDCs (central bank digital currencies) stipends and comply with all 666 digital panopticon identification and enslavement. Rationing can be controlled with fine granularity as the CBDC will track every purchase and the individual’s account can be controlled at-will by the central agency. Orwell’s 1984 takes form. There will be no more cash, as it will be banned. Why is everyone so silent? Howe (and Strauss) has a new video out that states the 4th Turning has already started. The prior 4th Turning was WW2. 50 dollar oil this summer. Then inflation ramps back into insanity after the Fed slows down the tightening. We are in a crackup boom, and these end horrifically. The Bolsheviks running the world right now are doing this on purpose to force us into poverty and complete the totalitarian coup d'etat of humanity.
Absolutely brilliant. Casey is the best commentator on the current international malaise today. A most valuable video this. Well spent view. Thank you.
I’m a progressive (closest to the Denmark system-where eliminating corruption is a priority-they actively fight and monitor the purchase of the government by the rich) and I agree with the majority of the points from 38:00 on. What he fails to see is that the “government” is just the structure purchased by the greedy/unethical. It doesn’t matter if it’s Monarchy Kings, Communist Kings, Socialist Kings, Fascist Kings, Dictator Kings or CAPITALIST KINGS. They are parasites of nature, animals and human labor. The sociopaths rising to the top. We DO need systems of incentive but that should never include the wealthy/connected purchasing our governments, our media as a propaganda arm for their interests, our educational system, ruination of nature, ruination of human health. Big Capital is a big, sociopathic/psychopathic parasite. Greed is a disease. In studying philosophy, check your own self interest. Check the energetic foundation of your philosophy because all of your rationalizations will flow from there, just like religion. I’m very glad I read all of Ayn Rand to get me thinking philosophically--and very grateful that I went on and COMPARED different philosophies and explored critiques. Religion and philosophy can be very dangerous tools to legitimize sociopathy. The most important question to ask is “is this LOVING.” Who is excluded? We are flesh and blood and so many political philosophies rely on the dehumanization of others and the disrespect of animals and nature. That’s by a greed necessity--the trampling of humans and nature for profit and they want to do it without the proper guilt doing such thing should naturally incur.
That’s the sweetest and best critique I’ve ever had! I’m going to use it! benefit from this affirmation/push and hopefully 🙏 others will too! thank you so much!! Last night, I had a spiritual experience laying in bed literally to do with this (developing my wood side that had been shamed out of me as a child ~ brave action instead of only deep diving in my water side for wisdom. I need my wood, a boat, to bring these gifts to shore and share! 🌊⛵️🌊 Thank you, wonderful stranger 💙
Never heard of this Doug Casey guy before, but he is saying EXACTLY what I have been saying for the last 20 years! Sounds like a pro-capitalist, libertarian.
I have speculated and since I can not afford silver or gold, I have a home and a couple of properties which I have been setting up as self sustainable with fruit trees, my own gardens, all located on or have my private access to water. Its the best I can do for myself. What do you think about that?
Protect yourself from marauders a men trying to take what is yours if it gets that serious. Have defensive weapon, offense of weapons, and diversionary weapons. Defend yourself.
Loved this interview, great questions, and Doug Casey’s candor is a breath of fresh air. Thank you for sharing your perspective, you are a trustworthy voice.
“The little guy does not take responsibility for himself and believes that the big guy is taking his interests into account, but he’s not!”. “You have to depend upon yourself, not other people!”. Doug Casey.
the reason socialism has never taken root in the USA is, the poor see themselves not as an exploited proletariat, BUT Instead, as temporarily frustrated millionaires
The working classes, which includes the middle class, is already being smashed by the ruling classes and the corporate lunatic. And the working classes seemed to be indifferent to all of it. Doug Casey is on point with the geopolitics in the USA and so called democratic countries who are following a socialist style of governing with no opposition such as Canada. I think I am alone...please Help!
You're not alone. Remember the Truckers that made a tremendous sacrifice for the nation and suffered greatly because the daft majority listens to the media and did not stand united. A lot of the migrants in Canada are just happy to be here and don't oppose the system that let them into heaven. But I feel ya!!
Do you notice how the global elites are more worried about having a comfortable escape rather than the preservation of their native culture and their fellow citizens of that country? What about us little people who do the actual necessary work? We struggle to make our lives better and part of that means we MUST take back the ownership of our countries from these authoritarians! We need to reassert our cultural values if we hope to retain freedom as a cultural value!
Great interview Doug, as usual. What happens if they don't get inflation down and have to give massive cost of living increases to social security recipients? Will that not make inflation skyrocket creating a death spiral, and finally bust the social security system? Seems like the Fed must cause another great depression in order to avoid that.
Kerry, fine show. Thanks for having Doug on, for an intelligent, useful conversation. Wonderful to watch to two smart, down to earth people. Nobody I trust thinks that the world is going anywhere but downhill fast right now, in many ways. I think the most important thing Doug said was that, right now, it's not about how much you can make, it's about trying to lose the least amount. Or to quote game of thrones, Winter is Coming, an the goal is simply to make it to spring intact, not having lost too much.
I thoroughly enjoyed this episode. A lot of self reflection came up in how I handled myself with my TFSA's, government and world view - global unification vs wider diversification.
I am 100% with you in EVERYTHING that you said!!!!!!!!!!! Important Question?????????? What Countries do you believe are save to move to and get new citizenship in?????????
The world is fast becoming ripe for a charismatic, problem solving global leader. One that will usher in a one world economy where a person cannot buy or sell without taking his mark on their wrist or forehead. The state of the world will have to get really bad for us to accept such a leader...but he is coming
Totally agree. Those of us that know the holy scriptures are aware of this new global leader who is waiting in the wings. Once he takes over everything will change. EXCEPT the Lord Jesus. He is our rock, He is our only salvation!
I live in Brazil Dougs idea of a Brazil split into north and south is certainly not crazy.There are many people here in Brazil that would want the states of Sao Paulo,Parana,Santa Catarina and Rio Grande do Sul separated from the rest of Brazil.The above mentioned states are the power houses of Brazil where most of the business and jobs are generated. Quite impressed that he knew about this in Brazil
After researching RU-vid and Google, I can't find anyone anywhere offering any advice on how or to whom to sell your PM's stored in a private vault overseas. The overseas seller would buy my PM's back with a 2-3% commission, but they would also get to keep the premiums, perhaps up to 20%. Any advice on how to keep a portion of the premiums for myself when selling PM's?
It isn't the government that prints money: it's the Federal Reserve. Everyone should read "The Creature From Jeckyl Island." It reads like a Bible for Capitalism, complete with a chapter on "The New World Order".
@@t0manderson571 Yes. It is. You capitalized on the fact that you have or can make something that someone else wants to pay money for. That's it. You're probably confused, and think that the corporatism and bastardized version that we have today, is the real thing. It is not. Real capitalism is technically anarcho capitalism. You can't have any interference from government into real capitalism, or it ceases to be capitalism. It becomes corporatism, aka fascism. Where companies are wedded to the government and get special treatment.
Doug nailed it about Nuclear. The technology to watch (because it's absolutely disruptive) is THORIUM. I have a background in several scientific disciplines & I will tell you that THORIUM is 1/5000th the cost of Uranium & much much safer & far more efficient! Doug mentioned China & India with Nuclear used in the same sentence. China & India are both researching THORIUM! This new reactor type is called a: "LiFTeR": ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-74iiaXIVtZI.html
Bloody “RIPPER” interview Kerri, please make this a quarterly regular event. I’ve heard others talk of Uzbekistan before also. I’ll listen to this 1 again. Thanks to Doug for his time.
OK, so suppose that you wanted to make money on a junior mining concern. How would you go about doing that? What would be the search criteria? How would you properly analyse the risks and potential benefits? Let us start with some basics. Basics of the junior mining sector. 1. Many are not profitable, about 90%. Development costs are so high that the vast majority do not make any money during the first 5 to 10 years of operation. Our search has just eliminated 90% of all candidates. 2. Of those that are profitable the vast majority are overvalued, so we just eliminated another 6% of all candidates. 3. We would insist that our mining corporation have low debt, flawless financials and incredible future prospects, another 3% eliminated. 4. We would want to see a generally rising share price, as in a turnaround to eliminate the lowest of the lows. We prefer to see a vastly undervalued company where a re-evaluation is likely. We would also like to see the company strength so strong that a leveraged buyout is very unlikely as they often do not work out well for shareholders. Companies and accountants love to steal whenever wealth is being transferred, so we want to avoid that if possible. So we are now way under 1/10th of 1 percent left, an almost impossible list of preferences and specifications in our search. Is there even one Junior Miner that meets every item on our list? Amazingly we do have solid candidates. Keep in mind that junior miners are currently out-of-favor, the sector in general is risky, and the price of metals is historically low even though there have been recent increases, especially with gold hovering just under $2,000 per ounce. Silver is very depressed in price below $26.50 per ounce and platinum on the floor below $1,000 per ounce. This does not make sense when historically gold and platinum have been close to equal in price and platinum being at least 8 times rarer than gold. Markets do not always make sense, follow supply and demand fundamentals or agree with expert analysis. That is the way that it is and that is why our search criteria is so strict. The goal is to make money, preserve capital and reduce risk. Even the very best and brightest find this challenging. As we look towards the future we see rising demand for any metal with multiple industrial applications that can also be valued as real money and wealth. Silver fits that perfectly followed by copper, platinum and then gold. (Many other possibilities are not listed here.) We eliminate platinum because it is so thinly traded. With the 3 that are left silver shines the brightest of all, so our miner needs to be mining at least some silver. It would also be good if they did mine gold, zinc and a host of other metals as well. Here are some of the candidates. Calibre Mining Corporation. Symbol: CXBMF Go here first, copy and paste into your browser this link. simplywall.st/stocks/ca/materials/tsx-cxb/calibre-mining-shares? Simply Wall Street is not giving us a ranking here, you look for yourself at their analysis. I really like the snowflake design which makes it easy to see the future possibilities. They claim that Calibre Mining Corporation is 90% Undervalued. Even if they are 50% wrong, which is highly unlikely, Calibre is still 40% undervalued. Check out the look and feel of their website, taking the time to explore. Here is their website link at www.calibremining.com My biggest objection to mining in general is environmental destruction and habitat loss. If the world is going to go green that is going to happen. My prayer is that the 2 will balance out. Investment thesis: Never ever bet the farm on only one mining concern. Any corporation can always run into serious trouble, have flooding, be denied permits to operate, etc. I like that Calibre is in Nevada, perhaps the number one friendly mining state in the US. They do also have exposure to Central America where mineral concentrations and reserves are incredibly high. I have to make a disclaimer here: Please, this is not investment advice. I am merely pointing out possibilities. It is up to you to do your own research. Do not be seduced by good reporting, the concerns are real and the risks are abundantly evident. I can tell you my own plan for investing. I do not own any shares as of 4/17/2022 I will track the share price for a few days and buy in on any dip. Then, I wait a few days and see what happens. If the share price immediately starts falling I will be very attentive and cautious. I will consider selling if it falls 3 days in a row or place a stop loss underneath. If the opposite happens and the share price rises 3 days in a row I will consider placing a stop loss at the price I paid and wait. I am not shy about taking profit if I can and then buy back in if it starts to go up a second time. I would also consider a simple longer term buy and hold position as long as I have a stop loss for protection. I would also consider a split position where I actively trade 50% of what I own and hold the other half as a longer term investment. I am open to all possibilities as a trader and tend not to respond too quickly to any one trading session. I always look towards the longer term side of my trades. I always suggest that you develop your own trading plan, something that you are personally comfortable with and the vast majority will be better off with a longer term buy and hold position. Just know this; The fact is most traders need to use stop losses to protect themselves from huge risk. But it's also true that many professional traders don't use stop losses. Do not let that bother you, in any market crash many so-called professional traders are wiped out and they have the misfortune of wiping out their clients fortunes as well. A stop loss, like investing in junior miners, is largely a contrarian position, own it and feel good about going against the crowd. Also do consider buying and owning at least some physical gold and silver as well. With Calibre being so inexpensive, consider buying an increased number of shares. Think in the thousands rather than the hundreds. If you own 1,000 shares and it goes up $1 you are up in (unrealised) value $1,000. 100 shares is not worth your time in an investment that only costs $1.30 per share.
Table Salt is a major factor in the economies of all human endeavour to survive and maintain a perpetual reproduction of the population at large and low levels of government expenditure and research in relation to the rules of this toilet service
Reading the Bible prophecy i learn about why all will go through very very bad tribulations. I am very concerned about the souls because material things pass but our souls are eternal. Question: Wee did you want to spend eternity? Because THIS world that we know will be no more
I agree with just about everything Doug says except for the "work harder" part. Working harder is exactly what the power structure wants because they can't yet get rid of us, so they might as well milk each and every one of us for what we're worth. The real answer is to find ways to work *less* and spend less.
I was born in the USSR, my grandmother was from Uzbekistan. I'm sure I could find it on the map, but thank you, Doug, I will look into investing there.
I think he was referring to the average ignorant Anglo-Saxon, who for the past 5-6 decades have thought that the world revolves around them, and are now instead getting a rude reminder that it does not, and the focus is shifting to elsewhere, like Russia, China or India.
This is a really good video. I always been curious and aware of my geography. Last 6 years i been very nervous and started planning where to flee. I guess these days people dont know basic history and that same events occurs over and over again. People are spoilt rotten, society is mentally sick, look at the advertising and music videos are toxic. We have it good now however no idea how things can get real Nasty and Scary.
Here in SAfrica Socialist corrupt gov has stolen all monies, all State-owned enterprises just about destroyed, non-functioning. Pop. of aroun 60 million, about 5.5 million paying taxes, 29 million receiving social grants. 16-25 year old group has unemployment rate of 74% Constant rioting and chaos Total disaster, govt proud of having so many people on grants
Slaves are not quite taxed 100%. They receive about 5% to 20% of their work back in the form of food, housing etc. When you compare, the average American is nearly a slave. As government taxes, fines and mandates take a larger and larger share of the pie, we're moving precariously close to slavery, but in the form of a modern serfdom.
This sounds great: "$500.00 here and $1200.00 there..." for a response of "People have been intellectually and morally corrupted by the welfare state and the ideas of socialism..." Hold it right there. Both of you are referring to, pointing both fingers at the underclass of citizens, in the US with a population of some $330 million at the time of those lockdown survival payments. Unlike every other capitalist 1st world country, the US did not provide subsidies for unemployment to the tune of upwards of 90% of regular wages/salaries as did the overwhelming majority of Western countries, And when the first stimulus payments came out, out of some $6 trillion spent, only $2.6 trillion (and $change) went to the vast unwashed masses---who wanted to work but were confined BY LAW ---to stay locked down and locked up! The remainder of that $6 trillion was split amongst approximately ONE THOUSAND PEOPLE---the already wealthy beyond imagination of any person of reasonable expectations! As Doug condemns 'socialism' (for those goddamned ne'er do-wells-'lazy bums',) he's condoning socialism for the already rich becuz.... wha? they're special or something? This is a continuation of nothing more than socialism for the rich, and capitalism for the poor. How very, very tawdry and smug are the both of you.
I agree with a lot of what you are saying. The problem with socialism is that it is centralized and makes the rich richer and the government richer but kills the middle class.
He believes in free market economy. But, we have never truly had a free market. We are moving closer to the great reset- own nothing and be happy- huge inflation and "the average" living off credit /debit so the government/debt based system will own you. Where did you get the data that the elite got a majority of the $$? I am not disputing you , just would like to see your source.
This video showed up on the "right hand side of my YT screen" and then I lost it and could not find it for sev'l. days. So glad it was back today! I've been a fan of Doug for many, many years. Glad to see some 'Johnny-come-better-late-than-nevers' are seeing him with this interview. So thanks to Small Caps. If you newcomers to Doug want a real treat and a whole heapin' of Doug Casey in a new form (novelist), you owe it to yourself to get his three fiction works right now! The High Ground series: Speculator, Drug Lord, Assassin.
Interest rates CANNOT go up .. the system is broke .. in Stagflation interest rates cannot go up .. our debt system has cornered the while system .. we are up for a 20 years stagflation .. stagnation, zero rates, bankruptcies and commodity inflation
Tells us the problem is the little guy that we don't take responsibility for themelves but doesn't tell you that the media is programming them because they're owned by the billionaire
Thank goodness you brought this up. Investing has changed my perspective on how one can succeed in life. Working multiple jobs for money isn’t the optimal way to attain financial freedom. Unfortunately, we find this out later in life. I’ve been able get enough returns to make sure I and my family are good in these unprecedented times. Great piece.
47:28. Doug, we cannot get enough strong minded and well informed grumpy old buggers like yourself to shape the swelling ranks of other grumpy old buggers like us :).
The old men who could get 20 jobs because so many men were killed in WW2 are the most arrogant aholes alive. Same talk for 40 years. He predicts inflation? He mustbe a god. Not.
Everyone I know works so hard and can't afford anything. We're forced to rely on government financial support to stay healthy. We're paying so much more for terrible quality products. Weather ruins cars, homes, etc. Just can't get ahead.
Thank the Federal Reserve (Marxists) for slowly destroying the U.S. and it's people and culture. The tax system they created has rob generations of the greatness we could have been.
Have to get roommates and suffer for as long as you can with as little as you need so you can build a base. Work as much that you can and learn more skills.This may take years but it is the only way for a lot if not most people to save and invest. It’s very hard to get ahead for the average person.
The thing about these types of interviews is that the comments always reflect the opinions of the person that is clearly based upon their experiences within the systems they have been trained and involved in. In this interview, the fact that he has the ability to have a place to be insulated from the coming problems shows his understanding of the nature of the problems ahead, and he has negative beliefs about the government and it's present involvement in everyday lives. Calling the Government "corrupt" and saying that that will make things worse is both correct, and incorrect. Laws to make it easy to invest clearly assisted him to make money, but not actually owing his passport he sees as a way for the Government to seize it and stop him from travelling. His answer was to have multiple passports. This is forward thinking, and demonstrates positive thought processing which he has trained his mind to do. And then you have all the Government Laws that have caused inequality, and eventually their removal from being the Government either by Democratic Elections, or by other means such as Military interventions. These are all reasons for social unrest and the coming severe problems worldwide in the future. But there are massive problems with these interviews that everyone takes no notice of, and I talk of the things that can be done to fix things. People actually dying of starvation can be helped with investments into providing fresh water, farming equipment, seeds and plants, and skilled people to train them to grow food themselves. Actions to stop the oceans from being drained of fish breeder stocks, pollution, and damage, are simple to immediately start. But it will take the coming bubble bursts and the estimated 3.8 BILLION DEATHS from lack of food, water, shelter, medical treatment, and the conflicts of the coming wars to bring about these changes. The world order is changing, but the systems are not, yet. And this is an ongoing process. Live for today, because due to the lack of interest tomorrow has been cancelled.
@@commonsense6967 Every group of animals and humans needs either 1 of them, or a group of them, to run things and maintain the direction of the whole group. That is nature at it's own best. However, the problems arise when human nature that has become infected with individual thought recognition and actions, either good or bad, changes. This is directly as a result of our ability to understand thoughts and have feelings ( or emotional responses to thoughts ) that led to actions and then results. This is called the TFAR Process. And when habits are formed by the good or bad thoughts, feelings, actions and results, we then react by habit to the thoughts we have. To "break" a bad habit it is necessary to "consciously"remind ourselves that we have the habit and that we do not want it. So if the Government ( or the controlling person/group ) has invoked the bad habits of the individual members of that group, then you get problems for all the members ( citizens ) of the Country. Such as in America where the Government think it is perfectly ok to print as much money as they want, instead of allowing other financial factors to balance the markets. The entire group of Americans have the debt incurred, even those who disagree with the printing of money. And when the Financial System suffers, as it will and always has many times in the past, then these people will pay the costs of what the Government claim is ok to do. A revolution can be in many forms. In a democratic society it is by new Leaders bringing in new Laws and getting rid of the old "bad habit" Laws and Policies. In a dictatorial society there are no new Leaders, unless they are automatically selected as successors to the current Leader, such as in North Korea or China, for example. And that is where you find very poor checks and balances, such as human rights, slave labour, property ownership restrictions, even personal choice removals such as rights to have children, where to live or work, and forced religious beliefs. So in summary, I believe that "Governments" are essential, that a democratically elected Government has far more balances and checks than a Dictatorship, and I also believe that there should be revolutions of ideas and thoughts on a constant basis. In some cases such as with Putin and Russia today, there obviously needs to be a revolution by the group that is directly attached to him, simply because he has lost the plot, totally. He is showing all the signs of being grossly paranoid and actually should be taken off work, and placed under 24 hr Medical attention. He is not just a danger to his "enemies" but to his own people, and the rest of the world. There is just no way in the world that he, or anyone that became like him, should have control over weapons of any type, ESPECIALLY NUCLEAR. A "revolution" to remove him from having anything to do with them, and running a group of people ( just imagine how he would run a sports team ) is essential to stop his bad actions, which are habits. However, if the new Leader/s have bad habits that they deny having, then all you get is more problems on top of the original. So yes, sometimes it might be better to try and get the original Leader/s to recognise the fact that we were all given the power of mind control, and try and get them to actually use it. It all starts with thought control, you immediately discard bad thoughts and replace them with good thoughts. Just as someone called Jesus said to do.
I have noticed that Doug Casey uses the expression "going up and down in an elevator with a lunatic at the controls." Years ago I was that lunatic. We would control the elevator from on top of the elevator. We would override the normal controls.
@@ssxbarbarian9222 This should be a MULTIPLE ENERGY USE challenge. Solar, wind, and especially underwater and wave turbine technology which works 24/7, cannot be seen above ground, and is fully proven. Nukes are world-killers, with the Fukushima triple nuclear meltdown being the final straw. But the ultimate power source is the one the government has been back engineering since at least 1947, when two UFOs crashed in the desert around Roswell, New Mexico, only one from among the many around the world. Their power sources are nearly limitless, ZERO polluting, and certainly don't use gas or coal to get here.
@@tiffsaver now the wave turbine I can agree with. As for solar and wind I am still not for it because it fails too often. And it is too dependent on the weather.
@@ssxbarbarian9222 OMG... EXACTLY Barbarian!!! You are the ONLY ONE on the entire internet who actually agreed with me. So let me tell you a little story... When I still was living in NYC, there was a big supermarket on the East River. The owner got sick and tired of paying huge electric bills every month, so he had an engineer build him an UNDERWATER TURBINE to generate his own power. When the divers installed it on the river bottom, the moment they turned it on, the enormous power of the river instantly tore the blades apart. So he simply had the engineers build it stronger, they re-installed it, and have been successfully using it for over a decade now. Hundreds of boats travel over it every single day, *and they don't even know it's there.* Yet the entire story never made it past page 16 in the local newspaper. The device is totally hidden from view, works round the clock, is 100% non-polluting, yet no one even talks about it. Interesting.
Would Casey have favored no response to the Ukraine invasion on the part of the West? I wish the interviewer would actually challenge him on certain points.
That would be a no-win answer for Casey. Especially since half the world population do not support sanctions against Russia and believe the US caused the conflict and egged Russia into the invasion. Putin said numerous times what he wanted. The US ignored him, then vilified him, turned the propaganda media machine on in full force, bullying allies to back America.... now we will soon see that Ukraine's economy will be decimated and Zelenskii will be the scapegoat. Give it another couple of months when Americans are tired of spending $40B to weaponize a non-strategic country who is not even a member of NATO.
@@mandrews1245 Your reply seems to ignore the very sovereign existence of the country which Putin invaded. You seem to have a very narrow perspective on the matter.
Where I disagree with DC is my experience with Russian stocks which are now seemingly worthless thanks to western gov. After a fat loss I am somewhat unwilling to invest in stocks ever again, if I cannot hold them in their country. I disagree as well with this passport story as countries will become so poor - they will invite investors including a pp. Today I do not know where the smart politicians will be - so why waste money?
Buy gold and silver then. I would just not hold onto any countries currency at this point. If you aren’t comfortable speculating on markets, which is a very real risk of losing, I feel these will at minimum hold onto their value in the future and possibly gain real asset value in the future.
