Doug is widely respected as one of the preeminent authorities on “rational speculation,” especially in the high-potential natural resource sector. Doug wrote the book on profiting from periods of economic turmoil: his book Crisis Investing spent weeks as #1 on the New York Times bestseller list and became the best-selling financial book of 1980 with 438,640 copies sold; surpassing big-caliber names, like Free to Choose by Milton Friedman, The Real War by Richard Nixon, and Cosmos by Carl Sagan. Doug has lived in 10 countries and visited over 175. He currently spends most of his time in Argentina and Uruguay, and traveling to various dysfunctional hellholes.
As the world continues to face economic turmoil, what is the path forward for the gold price?Doug Casey of InternationalMan.com shared his thoughts with the Investing News Network, saying he thinks the yellow metal could reach US$3,000 per ounce in the next year for various reasons, including the tr...
My guess is that as the world descends into chaos ... there's going to be a panic into gold because it's the only financial asset that's not simultaneously someone else's liability.