Doug Casey: Speculator – Making $200M in Junior Mining
Doug recently released his first novel, “Speculator- High Ground” which critics are calling “Pure Gold”. It’s the first in a series of novels that follows the protagonist Charles Knight as he progresses and influences 6 different politically incorrect occupations- speculator, drug lord, assassin, terrorist, warlord, and finally anti-Christ.
Fiction has allowed Casey to say more than he would with non-fiction, and this first novel is “..biographical to a reasonable degree”. It also provides an entertaining education of the mining sector, including a spoon-fed crash course on geology.
If you’d like to win a free signed copy of “Speculator- High Ground”, go to the top of the Palisade Radio website in the next 7 days (October 21st- October 28th) and input your email to enter the contest.
Doug Casey believes that in the next generation we will see fascinating changes in mining. Much of it could move to the asteroid belt, which is full of heavy metals. When fusion power becomes cheaper, it will allow the economic transmutation of metals.
Biotech will bring desalinization processing which can retrieve massive amounts of natural elements in the seawater. Nanotechnology may turn almost anything into a viable ore deposit. No more big yellow trucks running around in the dirt.
Back to the present day- Doug believes now is a great time to get into mining speculation, and that most people are completely oblivious to what’s going on. He thinks a bubble will happen in this bull, and even a super-bubble in tiny mining exploration stocks.
Many times in the past the gold stocks have moved up 10 to 1, with individual stocks moving up 100 to 1. Casey thinks we are at the beginning of one of the bulls where that can happen again.
Talking Points From This Week’s Show:
•Mining stocks are the most volatile of all stocks including tech stocks
•Some mining companies are for the first time offering 5 year detachable warrants
•Out of thousands of mining companies, only 5 or 10 percent of them have gold in the ground
•If you want huge opportunity in life, go somewhere in the world where the playing field isn’t level
Best-selling author, world-renowned speculator, and libertarian philosopher Doug Casey has garnered a well-earned reputation for his erudite (and often controversial) insights into politics, economics, and investment markets. Doug is widely respected as one of the preeminent authorities on “rational speculation,” especially in the high-potential natural resource sector.
He has been a featured guest on hundreds of radio and TV shows, including David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News, and CNN; has been the topic of numerous features in periodicals such as Time, Forbes, People, and the Washington Post; and is a regular keynote speaker at FreedomFest, the world’s largest gathering of free minds. Doug has lived in 10 countries and visited over 175. Today you’re most likely to find him at La Estancia de Cafayate (Casey’s Gulch), an oasis tucked away in the high red mountains outside Salta, Argentina.