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Keith shares a mindset-shifting quote from John D. Rockefeller that challenges the idea of trading time for money. He revisits some of the year's most powerful real estate investing lessons, and breaks down the big forces shaping today's housing market—affordability, supply & demand, demographics, and interest rates. All of this sets the stage for his data-driven national home price outlook for next year—without the usual crash-and-doom hype. Episode Page: GetRichEducation.com/586 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text 1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review" For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:00 Welcome to GRE. I'm your host. Keith Weinhold, learn from a quote attributed to the world's first billionaire, it will change how you see wealth building. I'll explain why national home prices have never crashed. Then it's gre, 2026, home price appreciation forecast. You'll learn the future the exact percent that home prices will appreciate or depreciate next year. Today on get rich education Speaker 1 0:29 since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com Corey Coates 1:14 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:30 Welcome to GRE from Lake Huron, Michigan to Lake Tahoe, California and across 188 nations worldwide. I'm Keith Weinhold, and you're listening to get rich education. You know something I love, quotes that shift your entire mindset, paradigm, and once your mind is shifted, actions follow. Actions develop into patterns. Those patterns become habits, and habits become the new, transformed you few quotes hit harder than the one from resource tycoon John D Rockefeller. He lived from 1839 to 1937 in fact, Rockefeller is widely regarded as the world's first billionaire. His quote, you might have heard it before. It is this, he who works all day has no time to make money. That sounds paradoxical, even provocative. It's sort of like it's inviting you to come in and want to learn more about it. And this is because most people's concept of income generating is to work 40 hours a week for a salary or an hourly wage. But what does that quote really mean? He who works all day has no time to make money, and be sure to capture the all day part of that quote that ties right back into the show that I did with you two weeks ago about the K shaped economy breakdown, where you learned about how capital compounds labor doesn't most people sell their time for dollars, but trading time for money makes you too busy to actually build Wealth. Working and building wealth. Those things are two separate distinct activities in how you're investing your time and energy. Now, most people start out with a wage or a salary job. I surely worked by pushing brooms and cubicle dwelling before investing in my first rental property. But if you're working all day in a job, physically or mentally well, then you're consumed by tasks that only pay you. Once you're occupied, you can often get exhausted and you're only concerned with short term output. You're focused on the next deadline, not the next decade, when all your hours are spent on labor, you have no bandwidth to do what you need to do, which is, create vision, acquire assets, build a portfolio, develop systems, learn tax strategy, evaluate investment deals, network with like minded investors, or refine your strategy with a GRE investment coach. Be cognizant that labor only pays today. Wealth building pays forever. Even if your work a day job, salary doubled, you would have to ask, how would that even build wealth? You could retire earlier, but you would have to keep working the hours, and let's remember that wealth equals freedom. You can't architect a wealth plan from the assembly line. Now, that's something that Rockefeller would have agreed with. Wealth requires less. Leverage and labor has none. So working all day means no leverage. You are the engine instead making money, that means using leverage, and instead of you being the engine, well, the engine is something else, like assets, systems, technology, other people's time, other people's money, and borrowing to inflation profit. Rockefeller believed and proved that leverage beats labor 100 to one. He's not discouraging work. In fact, it's just the wrong type of work, because he was one of the hardest working people alive. And really the bottom line here, with this quote, he who works all day has no time to make money, is that Rockefeller meant that if you spend your life doing tasks, you'll never rise high enough to own things that pay you for life. Earning a living is a different activity than building wealth, and once your mindset is shifted, actions follow, yep, actions develop into patterns, and those patterns become the new you. well as the last episode of the year on the show here, 52 weeks worth, I sure hope that I've helped you think, learn and grow your wealth, as have our guest contributors here early in the year, the father of Reaganomics was here, a man that frequently advised a president inside the White House. He told us how much he dislikes tariffs. Tariffs block free trade, and trade improves our lives. Major apartment investor, Ken McElroy, was here this year, and he predicted that the American home ownership rate will fall below 60% that would be major it's currently at 65 if the home ownership rate falls to 60% that would unleash millions of new renters into the market, and it has not been that low in decades, if ever you got a lot of mortgage insights with chailey Ridge, including learning how you can qualify for income property loans without a w2 job, without a pay stub or without tax returns by instead getting a DSCR loan. You'll recall this year that I discussed 50 year mortgages, and I did that before it even hit the news cycle, telling you that it could be coming and that it could be proposed. I explained why I like 50 year mortgages more than 30 year loans, but be aware it is not imminent that they're coming. Also this year, economist Richard Duncan and commentator Doug Casey discussed the Fed. Richard told us how the President is trying to totally restructure who serves on the Fed, trying to get low interest rate pushers in there. And then just last week, Doug and I discussed how fed decisions just keep hollowing out the middle class. A and E television star Todd drillette told us how to negotiate. I had four good discussions with our own investment coach, nuresh this year, more than usual, a pastor and I discussed a rare topic, what the Bible says about money. You learned how to use AI in your real estate investing and when not to. We had a few episodes about that. But above all the shows this year, they were about you, probably more than any other year that we've had here. I did more listener question episodes where I answered your questions as you wrote in, and I also had more listeners come right onto the show and tell me how this show has personally built their wealth. And of course, this year, I got to meet more of you in person when I served as a faculty member on the terrific real estate guys Investor Summit to see and I got to meet you personally for more than just a handshake. The event was set up so that chances are you had dinner with me as well. So rather than this show being a one way chat from me to you this year was more of a dialog between you and I and more two way communication. A lot of new topics are coming for next year, both me teaching and some great guests. If there's something on the show that you'd like to hear more of or less of, let us know. Write into us or use your voice to tell us either way you can do that. At get rich education.com/contact, let us know what you want to hear more of or less of. Do you like shorter term tactics like when and how to increase the rent? Or do you like mid range tactics like how to constantly do cash out refinances and get a tax free windfall from your properties every year. Or do you like more of the long term strategies like specifically how you profit from inflation? Let us know what you like again, at get rich education.com/contact, now, even if you're listening 10 years. Years from now, which I know you very well. May, I'm going to break down next year's home price appreciation forecast, but I'll do it in a way where you'll learn how to analyze a market for all time coming up. It's gre 2026, national home price appreciation forecast. Learn the future to the exact percent. First listen to this from Freedom family investments and Ridge lending group, because I'm a client of both myself and they can help you. I'm your host. Keith Weinhold Keith Weinhold 10:29 you know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program. When you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family, investments.com/gre, or send a text now it's 1-937-795-8989, yep, text their freedom coach, directly. Again, 1-937-795-8989, Speaker 2 11:40 the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Caeli Ridge personally. While it's on your mind, start at Ridge lending group.com that's Ridge lending group.com Robert Kiyosaki 12:14 this is our Rich Dad, Poor Dad. Author Robert Kiyosaki. Listen to get rich education with Keith Weinhold. And there is, I respect Kate. He's a very strong, smart, bright young man. Keith Weinhold 12:35 Welcome back to get rich education. It's episode 586 the last show of the year. I'm your host. Keith Weinhold, I am proud to present to you in this segment of the show gre 2026, national home price appreciation forecast, where I use my insight and experience so that you'll learn the exact percent that national home prices will either appreciate or depreciate next year. It's the fifth consecutive year that we're doing this. I nailed the first three spot on and then this year happened. I'll get to reviewing my track record, total accountability. First understand something, real estate values have never crashed in your entire lifetime, even if you're 90 years old, to grab eyeballs, slack jawed, tick tock. Call them crash talk. Economists keep making awful predictions about a housing price crash, and none of them have been worse than one that published last month in Newsweek, which outlines a as it's called, correction worse than 2008 and says national home prices will fall 50% five zero, starting as soon as next year. That's absurd, and I can't believe that a respectable publication would platform a view from an analyst like that, and I'm not going to call out that Doomsayer analyst's name. That's not my style. I'm sure you can find it that crash is about as likely as one social media post changing your political affiliation later today. Look, doomsayers don't care about you. They make dire predictions because they care about them. It elevates their clicks, their followers and their name recognition, and they never hang around to follow up on that prediction, but it harms you, because you miss out on the equity gains, and that's the real damage. In fact, this particular analyst also called for this year to have the second largest home price decline since World War Two. Well, national home prices have only fallen twice in that time period. In fact, going further back. Back to the 1930s Great Depression. They've only fallen twice. Yes, that means home prices have risen every single year since the 1930s except for two periods, a small decline of less than 1% around 1990 and then, of course, the severe downturn from the housing bubble and great recession from 2007 to 2011 or 2012 that's where prices dropped in total, 25 to 26% from peak to trough. Now why do I say that that period around 2008 was not a housing price crash. Well, because it wasn't. Instead, it was a slow bleed. The definition of financial crash is a sudden, sharp and widespread drop in prices. That's the definition. Well that can happen in some other asset classes like stocks or Bitcoin or perhaps even precious metals, but not real estate. It is neither sudden nor sharp. The worst year, 2008 saw home prices drop 12% in that one year and some of the other years bracketing it, home prices fell three to 4% in each of those years. So then during this time period of price attrition, during the global financial crisis, each month, real estate values fell just a few tenths of 1% maybe half of 1% or even one full percent, not a crash, a slow bleed. This means that it took about five years for values to fall, a total of near 25% I mean, that makes it really clear that it's not a crash. And again, this period was about 2007 to 2012 don't get me wrong, it was bad. I was a real estate investor both before and during 2008 but to call it a crash is hyperbolic, and that is because words mean things. I think a lot of media consumers get so conditioned to mass media sensationalism that they've forgotten what a crash even means. At some point, it begins to bend our very lexicon back around 2007 I remember I frequently checked a website called implode meter. Yeah, that's the name of it. It tracks, failing banks. I looked the other day and implodemeter.com is still in existence, even though it's not nearly as spicy as it used to be during the GFC, because lending has been pretty stable for a long time, and loans are well and carefully underwritten. So home prices are unusually stable over time, because, in a sense, housing is not a normal market. It is slow, regulated, credit driven, and it's emotionally sticky, even though rental property is less emotional. Well, the values of one to four unit property are tied to primary residence values, and that's where the emotion exists. So if you put all those together, you get prices that creep upward most years and rarely fall at all. Nationally. The real estate market moves too gradually to be crash susceptible. It is the place for real wealth building values also are not going to double annually if you want to scroll for dopamine hits from the couch. Well, you can do that with a prediction market like call she or in crypto with altcoins, while your real estate keeps leveraging dollars in a stable way in the background. That's how you can think about it. All right, so we've established since the Great Depression, home values have fallen twice and once substantially. Well, right now, home prices are up about 2% year over year. Most places have appreciated, especially the more affordable markets. Not only has home price growth been slow, though, rent growth has been slow as well. Single Family rents are up 1% per totality. Apartment rents are down one to 2% per Zumper. But back to our focus today, forecasting national home prices. Everything we're discussing is nominal price change, meaning not inflation adjusted, and it's single family homes up to fourplexes. Well, as we use context to build up to the big reveal today, where I'll tell you the exact percent that home prices will rise or fall next year. Could 2008 happen again any time soon? Let's isolate that out. It's important to look at history rather than. Having some uninformed hunch in both periods with price attrition around 1990 and 2008 these two falls have some attributes in common. So let's look at that. What led to these rare falls in home prices, irresponsible lending, forced selling, a vacancy issue and overbuilding. All four of those factors were in place during those two periods now leading up to 1990 the irresponsible lending was on the commercial side. That was the savings and loan crisis, but it did trickle into the residential market, and then in 2008 it was on the residential side. But of all four of those factors, none of them are in place today. Zero borrowers are strongly underwritten because they've got those full documentation loans, and virtually no one is forced to sell in a fire sale. In fact, homeowners still have these record equity positions of about 300k fewer than 3% of homeowners have a negative equity position, and there is no vacancy issue. Because, in fact, we've been under building. We'll look at that. So for next year, no substantial price of drawdown is coming. None's expected. We can isolate that out. Since I was investing directly in real estate through 2008 I know what happened is that when people walked away from properties, they did so because the economy got rough, their variable rate mortgages rose, they couldn't make their payments, or they just had no motivation to make their payments because they were underwater and had zero protective equity. In a lot of cases, it's almost impossible for that to happen today, homeowners can make their payments, and they're motivated to do so because they have that erstwhile equity to protect, like I said last week, through the Census Bureau data and realtor.com we know a couple things. Four in 10 homeowners have no mortgage at all. They own their property free and clear. Among the group with mortgages, 70% of borrowers still have a mortgage rate locked in at under 5% and blending those together for you means that then 82% of borrowers either have no mortgage or they've got a rate under 5% this translates to really affordable payments, along with The protective equity, even if inflation heats up again, it still cannot touch a borrower's mortgage payment amount because it is fixed. As we're leading up to the big reveal of next year's number, we're about to look at affordability, supply, demand and the effect of mortgage rates on prices. Of course, that word affordability, that has been the most central word to home buying for a couple years now, affordability will improve in three main ways. If either home prices fall, mortgage rates fall, or wages rise, it takes at least one of those three things, the good news is that this year, wages have been rising faster than both stated inflation and home prices. Wages have been rising close to 4% that looks to continue at least into the early part of next year. Well that improved affordability allows home prices to move up, and it gives room for rents to move up as well. Now when it comes to mortgage rates, if you're new to listening to me, it will be groundbreaking for you to realize that today, mortgage rates are low, and increases to mortgage rates usually lead to increases in home prices, not decreases. If you're new here, both of those facts might leave you saying what I thought it was the opposite. How can that be? I won't spend much time on this because longtime listeners already know these two things, but they do go into the forecast the long term 30 year fixed rate mortgage averages 7.7% per Freddie Mac thirst, that set goes back to 1971 and rates are lower than that now, and mortgage rates have risen 1% or more seven different times since 1994 and home prices increased all Seven times right alongside those rising mortgage rates. In fact, when rates more than doubled in 2022 what happened? Home prices soared to their highest appreciation year in a long time. It reinforced this so, yes, way higher rates equaled way. Higher prices. It's not that one directly causes the other. This is correlation versus causation. It's because rate increases confirm that the economy is doing well. I have discussed that extensively in previous episodes, so mortgage rates actually don't have that much to do with home prices, and that's why it is hardly going into the forecast for next year. I'll tell you what trying to forecast mortgage rates to then use that to predict home prices, that is a fantastic way to waste your time. Now, 1x factor that could make that different for next year is that this President, he imposes his will to make rates low no matter what. So even if the economy is good, which typically leads to higher rates, wholesale push to make rates low, and that's an artificial phenomenon. Wouldn't that make home prices boom if we had a strong economy and low rates? The fact that affordability is still historically low today, though, we appear to be off the bottom. Affordability is still historically low today, that has less to do with mortgage rates than most people think, since, again, rates are low when they're in the low sixes, like they currently are. Instead, affordability is soured, because over the long term, decades, wages haven't kept up with true inflation. That's what's really going on with affordability and what everybody misses, and because affordability is still strained, home prices cannot rise a lot, say 10 or 12% next year. That can't happen on a national basis next year, now, a bill is advancing through Congress now to make housing more affordable. It's got bipartisan support relaxing zoning requirements in such a bill that could help build more homes, but if the government tries to help by making access to loans easier, that is going to lead to even higher prices and really will not help with affordability beyond the short term. In fact, just this month, the Fed has resumed QE quantitative easing. And that effectively means that it is ramping up the number of dollars being printed. And these are just more dollars in existence coming in to chase real estate and every other assets values higher we look at the employment picture. Although unemployment has been ticking up lately, it is still low at under 5% what about housing supply versus demand? And future supply versus demand? Well, this is basic econ and it will totally affect future prices. Actually visited the home of the father of economics, Adam Smith in Scotland this year, the man that nearly invented the supply demand concept starting with supply. I think anyone in real estate knows that generally, over six months of housing supply is too much. Under six months is too little. Six months is sort of that balanced point. What does that really mean? Well, months of supply is how long it would take to sell all the homes currently for sale if no new listings came on the market. All right, that's all that means. Well, currently, that level is 4.2 months that is low, and that puts some upward pressure on prices as well. Another way to think about it is with the active listing count of single family homes and condos. All this means is the number of homes currently for sale and available to buy right now. That's what active listing count means when you see that statistic out there? Well, one and a half to 2 million is the normal level of units needed to adequately house our growing population, for single family homes and condos. Well, that figure bottomed out in 2022 and it's only hovered around one or 1.1 million for a few months now, we are under supplied, and it takes a long time to build our way out of it. Now, apartment buildings are a different story. They are oversupplied, but again, today, we're here focused on the future price direction of one to four unit properties. So that's supply, not as tight as it was, but still on the tight side, and then demand. Where is demand coming from? It comes from us. There's more of us. As our population keeps growing, there is a lot of housing demand coming. Not only is there pent up demand from those trying to afford a home as soon as they can, but more broadly. Demographically, I will point back to that period where there was a surge of us births from 1990 to 2010 there were over 4 million births every single one of those years, births peaked in 2007 if you add 40 years to that, because 40 years is now the average age of the first time homebuyer. That's still a mind blowing figure to me, 40 years the average age of the first time homebuyer. You add that to 2007 that peak birth rate year, and this demand won't even peak until about 2047 Speaker 2 30:36 and this doesn't even include additions from immigration, demand, demand, demand, propping up prices for decades, but for next year, improved affordability, which is expected that boosts the demand for those that have the capacity to pay. Well, considering everything we've covered, I'm about to reveal the number for next year. But first, I mean, gosh, don't you wish everyone actually followed up on their past forecasts, like I'm about to I don't think I've ever seen a price crash predictor follow up, because they're always wrong. Well, what is the track record of get rich, education, home, price appreciation forecasts. It's the fifth straight year I'm doing this, and I always release the forecast in the final days of the year in anticipation of the coming year, just like you and I are doing together now. For 2022 I said that prices would rise nine to 10% the year ended, and they came in at 10% 2023 a lot of people said home prices would fall because they had just seen a terrific run up. I said a price fall would not happen, largely due to that jaw droppingly low supply that we had then. I said zero, there wouldn't be any change. They came in at exactly zero. There was no price change in 2023 for 2024 I forecast 4% they came in at exactly 4% this is all documented. You can go back and listen to those episodes. They're all near year end. So yes, three straight years, I nailed it to the exact percent. How about this year? Just before the year began? Do you remember what my forecast figure was from listening here about a year ago, it was 5% home price appreciation. The year is not over yet, and real estate statistics move pretty slowly. Figures lag, but we pretty much know where it's going to end up. And as we look at this same stat set that I consistently use, which is the NARS national median existing single family home price, it is 2.2% as of late in the year, and it's almost certainly going to end up at 2% appreciation. So I would call that a miss, probably not a terrible call, but far enough apart to call that a miss, 5% forecast versus 2% actual for this year. That's the track record. So before I reveal the number for next year, in the last four I've nailed three of them spot on, and why was appreciation less than I expected for this year? Well, a few reasons. One of them is that inflationary pressure from tariffs was postponed. That Tariff Schedule was changed more times than anyone could have possibly forecast, and affordability stayed stubbornly low too. And here we go for 2026 how much home price appreciation or depreciation do I expect? Well, I haven't said this in any of the previous forecasts, because it's the easiest thing to say, and I often avoid saying the easiest thing, but this is just what I see coming, and that is, I expect more of the same. It's the first time I've said more of the same, which is drumroll here, 2% home price appreciation for next year. No wild figure or hyperbolic material here, in order to attract attention that is my best target for the truth, I'm here to do my best to be accurate and help you make the most informed decision, 2% for next year. So a 500k property today should cost you about 10,000 more dollars next year, and as we know, with a figure like 2% which is less appreciation than the long run historic 5% or so, with this 2% appreciation on new purchases, you leverage that five to one with your 80% loan, and you get a 10% return on your down payment. And you add in the other four ways real estate pays to your 10% leverage appreciation and at historic norms, you can end up with a 29% total ROI. That's realistic. I outlined the math of that in an earlier episode this year when I discussed how real estate pays five ways in a slow market, there you have it, 2% forecast home price appreciation for next year. If you want the charts that support the forecast and more, there's a way for you to get a hold of that, and also the best real estate maps, stories and investment opportunities that you won't see in any headlines. They are all in my free weekly newsletter. The newsletter also gives you access to my free real estate pays five ways. Video, course, that is it. GRE letter.com Get it all at one easy place. Gre letter.com I look forward to talking to you in the new year. I'm Keith Weinhold, don't quit your daydrem Speaker 3 36:06 nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Keith Weinhold 36:34 The preceding program was brought to you by your home for wealth building, GetRichEducation.com
Gold and silver are sending a powerful signal. Doug Casey joins Soar Financially to break down the surge in precious metals, the role of central banks, BRICS de-dollarization, geopolitical instability, and what investors should watch heading into 2026. Is this a panic move, or the start of a larger monetary reset? ------------Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver------------
- Christmas Eve Edition and Personal Digital Library Update (0:10) - Improvements in Search Function and AI Engine (1:09) - Upgrades and Future Features (3:53) - Citations and Contributions from Major Publishers (8:02) - Advanced Content Influence and AI Engagement (11:43) - Special Report on 2026 Predictions (23:51) - Impact of AI on the Economy and Society (57:20) - Interview with Doug Casey on Silver Market (1:08:29) - Challenges of Government Policies and Tariffs (1:16:50) - Education and Standard of Living in the US (1:20:26) - The Failure of Higher Education and the Introduction of "The Preparation" (1:27:41) - Alternative Education Paths and Practical Skills (1:30:00) - The BrighteLearn.ai Platform and Its Benefits (1:33:07) - The Role of Western Civilization and International Man.com (1:34:17) - Investment in Mining Stocks and Commodities (1:36:44) - The Decline of the US Dollar and Economic Predictions (1:42:03) - The Impact of AI and Technology on Education and Employment (1:48:21) - The Role of Nuclear Power in Addressing Energy Needs (1:54:16) - The Geopolitical Tensions Between the US and Russia (1:57:59) - Final Thoughts and Advice for the Audience (1:59:36) For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com
Keith discusses the Federal Trade Commission's (FTC) new regulations on rental pricing transparency, following a settlement with Greystar. Legendary author, Doug Casey, joins the conversation to argue that the Federal Reserve is waging a quiet war on the middle class. Casey explains that by creating trillions of new fiat dollars to push interest rates lower, the Fed fuels inflation, which erodes savings, distorts markets, and quietly reduces the average American's standard of living. He warns of an impending economic downturn due to inflation and government debt. Resources: Find the FTC article here. Visit internationalman.com to read Doug Casey's weekly articles and watch his "Doug Casey's Take" videos on YouTube. Episode Page: GetRichEducation.com/585 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text 1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review" For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:01 welcome to GRE. I'm your host. Keith Weinhold, the Fed keeps escalating their quiet war against the middle class. I'm talking about it with one of the most influential financial figures of the past century. Today, also what the recent FTC decision on rents means to real estate on get rich education. Speaker 1 0:25 Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold rights for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com Corey Coates 1:11 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:27 Welcome to GRE I'm your host. Keith Weinhold, let's get right into it, as there's a lot to cover here on our last big show before Christmas. Briefly before we get to the Fed's quiet war against the middle class the Federal Trade Commission just fired off a warning shot to landlords, and here's the translation about what this means to you, advertise your real all in rent amount with mandatory fees included in that amount or expect company and by company, the FTC means attorneys, paperwork and a long headache, and I'll tell you why I think this is a good thing. But really, first what this is all about is that it stems from the antecedent settlement with the massive global real estate company greystar, about transparent pricing. You might know that greystar is the massive global real estate company. They specialize in rental housing. In fact, greystar is the largest apartment operator in the entire US. They're in about 250 markets. The FTC cracked down on greystars add on fees, those fees added on to the rent amount that aren't clear and transparent right from the beginning. Now, in their case, it's things like Package Concierge charges, valet, trash service fees and some of these other line items that magically appear after a renter has already emotionally moved into a unit. Now for your rentals, they might be other things like Pest Control fees, gym fees, pet fees, utility add ons and notice that I use the word might, because clarification is still being sought here, but suffice to say, the least that you should know is really three things, advertise a rental price that excludes mandatory charges and that could be a violation of the law. So then state the total cost of renting the unit up front, no fine print gymnastics. Secondly, do a compliance check. You need to review your ads to confirm that they honestly convey your rental unit's price. That includes working with third party marketing vendors like Zillow or Facebook marketplace to see if they accurately state the all in price, because if they understate the price, it's still your problem. And thirdly, know that the FTC is reviewing harmful practices in the rental housing market. They'll take action against landlords that try to hide mandatory fees, so no hide and seek. And the FTC resource is in our show notes, and I sent it to you in last week's newsletter as well, if you want to read it, all my take here is that this type of transparency is a good thing. I mean, come on, we all know how annoying it is if, say, an airline states like, Hey, we've got prices to this destination. You can fly there for as low as $200 Yeah, but what if it's a 28 hour, four layover journey to fly 300 miles? Okay? What about buying an event ticket to go to a music concert and say you've already got 10 minutes wrapped up in this, but they don't show you the final price with all the fees until you've already invested that 10 minutes a. Then you learn about this in your shopping cart. So that type of thing is deceptive, all right. Well, what this FTC case does is it eliminates that effect in the rental housing market. So if you're a landlord, your competitors shouldn't be able to advertise base rents minus fees against your unit that appears higher priced than it's really not. And then for renters, I mean, the clarity helps expedite their search process. So this lets good assets compete on real value, and that is good business. Now, as far as the Fed controlling the economy, Jerome Powell announced interest rate cuts both last year and some more again this year, and though the effect isn't immediate, mortgage rates do come down with them. Mortgage rates have also fallen this year because the yield spread premium is lower. And you know what the prevailing sentiment is among a lot of armchair economists, it is squarely this, you ain't seen nothing for cuts yet. People say, Oh, watch, once Trump gets his guy in there in May, meaning that's when the newly appointed Fed chair is in power. Oh, you're really going to see some giant rate cuts then, yeah. I mean, a lot of people talk about this like it's certainly coming. They say then the Fed funds rate is going to go way down, meaning mortgage rates are then going to go way down, meaning that home prices are therefore going to soar next year. Well, all that could happen, but it is nowhere close to the certainty camp for everything to respond exactly that way. As you know, as a listener here, paradoxically, mortgage rates have little to do with home prices. Look at history over hunches. In fact, it might be more likely that those things don't happen and don't all break exactly that way, then the probability that they do, and that quickly gets into conjecture territory. As we know, lowering rates is bad too, because it signals that a weak economy needs the help. Typically. What could be different this next time. Well, whether we're in a good or a bad economy, Trump still wants lower rates, and he really imposes his will on the situation. Keith Weinhold 7:30 We're about to bring in the author of a new book called The preparation. It's about preparing for the economic future. A lot of the book is mostly for young men and their parents, but we'll speak to both females and males. Today is the middle class both worse off and in a way, better off today than they were a generation or two ago. Talk to your grandparents. They didn't pay for a college education. They didn't get one. They rarely ate out at restaurants. They didn't have a smartphone, which is now practically mandatory to even exist. Today, people are paying for all of that, so no wonder that prospective first time homebuyers almost seem to be going extinct. Let's meet this week's guest. Keith Weinhold 8:21 Are we going to get a painful financial reset in the form of runaway inflation, a market crash or something else? We'll answer that before we're done today, the Fed is engaged in a quiet war against the middle class. They are going to create trillions more Fiat dollars to lower interest rates further and create inflation that's according to today's guest. He is the International man himself, a legendary and generationally popular author, and he does a lot more than that. He's back with us for a sobering look at this today. Hey, welcome in. Doug Casey, Doug Casey 8:57 Thanks, Keith. It's nice to be here with you, although care for me is in Buenos Aires, Argentina, where I spend a good part of the year. Keith Weinhold 9:05 Such a nice place, good year round weather. There. A piece you recently wrote is titled, The Fed's quiet war against the middle class. The Fed recently announced that they're stopping Qt, which basically means they're stopping the destruction of dollars and opening the floodgates to print dollars. You've been known to say that the level of interest rates is the most important single indicator of an economy, and the Fed has made several quarter point cuts over the last year plus, although the President is supposed to stay independent of Fed influence. Oh my gosh, he has been more vocal than any other president ever over how badly he wants low rates. What are your thoughts with regard to all this Doug? Doug Casey 9:53 Well, the Fed, which most people have been taught to believe, is part of the cosmic firmament. Right? It should be abolished. It serves no useful purpose. The Fed is an engine of inflation. It's what creates Federal Reserve notes. It's an engine of inflation and purely destructive, and it's used by the government to finance itself. So that's the first thing I've got to say. And they don't know what interest rates should be. Neither does Trump neither does anybody else. That's for the market to determine right and interest rates are set by the amount of savings that's done by the people and the amount of borrowing that's done by other people. The problem is with the Fed printing up lots and lots of money, which they are through the banking system, it makes it rather foolish to be a saver. In other words, if you produce more than you consume, which is something everybody should do, you want to save the difference. That's how you become wealthy. But if they destroy the currency with inflation, it's pointless to save, and if there's no savings, there's no capital to lend. This is why we're sliding off a slippery slope in the direction of a third world country where there's no savings, where the money's no good, it's a real problem. I think the average American, despite increases in technology that we've benefited from over many years, the average American has found his standard of living go down a lot, and it's basically because of the destruction of the currency that makes it impossible for him to save and get ahead of things, and results in wild and crazy moves in the stock markets and the real estate markets and the interest rate markets, where things become unpredictable. So everybody's being turned into a speculator, whether they like it or not, and frankly, we're headed towards a real reckoning in the US and in the world generally. So my approach at this point is to hold on to your hat, because we're in for rough running in the years Keith Weinhold 12:14 to come. To create low rates, the Fed basically needs to create trillions of new Fiat dollars. Tell us about how that works. Doug Casey 12:25 Well, it's a question of the supply and demand of money. You've got two things happening. Number one, when the Fed has quantitative easing, as they call it, which basically means inflating the dollar. Quantitative easing, or QE is just a nice word for inflating the dollar. They're increasing the supply of dollars out there. You increase the supply of dollars, the price of money goes down in the short run, but in the long run, the value of the dollar also goes down. And nobody's going to lend money if they can't get more in interest than it's being depreciated at. So you've got these two forces fighting against each other making for an unstable system. That's why I say that look before 1933 and when Roosevelt took gold out of the dollar, or in fact, before 1913 when the Federal Reserve was created, before that, there was no central bank. There was no Federal Reserve in the US. Money was just a medium of exchange and a store of value. It wasn't a political commodity, which it is now. Today, everybody is looking at the government to do something to make a decision to raise rates. Some people want them higher or lower them. Some people want them lower. But this is for the market to decide. It shouldn't be a political decision. Keith Weinhold 13:53 Low rates, which most think are coming, produce an inflationary environment, which then means that longer term, there need to be new higher rates in order to combat that. Doug Casey 14:05 Well, what we've got is a situation where conflicting advice and beliefs are causing rates, and indeed, most of the economy, to go up and down like an elevator with a lunatic at the controls. And actually, that's a very good analogy. Keith Weinhold 14:22 And low rates to your earlier point, Doug, they don't encourage anyone to save. And you know what? Government policy doesn't encourage anyone to save either in times of crisis, like, look what happened during covid. Oh my gosh, if these people can't go to work and generate an income, they don't have any savings, obviously. So then let's go ahead and intervene even more and send them stimulus checks, basically a bailout. So low rates discourage anyone from saving, but so does our policy, because every time there's a big catastrophe, oh, they just come in with a safety net anyway. That's Part. The reason why we have such a problem with capital formation of the average American today? Doug Casey 15:04 Well, it's actually worse than that, because over generations, a lot of debt has built up in the country. In other words, to maintain your standard of living, a lot of people have borrowed. They've done this either by taking the savings of past generations and borrowing it or mortgaging their personal futures. Either way, look, if you and I went out and borrowed a million dollars today, we could raise our standard of living artificially, sure, for the next year, but at the end of that year, we have to pay back the million dollars to lost interest, and that artificial rise in our standard of living will result in a very real decline in our standard of living. And a great deal of the borrowing that's been done to stimulate the economy through the banking system is for consumption, not for production. In other words, a lot of the borrowing is not to create new technologies and new infrastructure and new capital goods to create more wealth. A lot of it's just stuff that you wind up. People are borrowing things to fill their basements and their garages with more junk, consumer borrowing, borrowing for vacations, borrowing for to go to music, shows, all kinds of things. This has become a habit in the US, right? So let's look. It's going to end very badly. It's going to end and is ending as we speak, actually, in what I call the greater depression. It's going to be what we're looking at here, largely because of monetary manipulation, but also because taxes have gone up, up, up, up from zero level. Basically, in 1913 there were no income taxes in the US, the US government lived exclusively on minimal tariffs and excise duties. But today, there's right and they're very high, high levels of inflation, high levels of borrowing. So I think we're coming to the end of the road, as far as that's concerned. And it's bad news. Of course, most of the real wealth in the world, when you have a financial collapse, when you have a depression, most of the real wealth still exists. It just changes ownership, that's all so you want to position yourself so that you're not too adversely affected by what's coming Keith Weinhold 17:31 this inflation and more coming inflation pumping up the asset values of the asset owners and then ruining the lifestyles of those in the lower middle class and making them trend down lower since they spend a greater proportion of their income on everyday needs like clothing and food, which is a small proportion of people that are well off and the poor don't have the assets to benefit from that inflation. And you know, Doug, it wasn't until I read your recent article that I realized something that initially the fed only had one mandate, price stability, and then later they added that maximum employment was their second mandate. I didn't realize that. So really, it's been an expansion of what they're paying attention to, and a de facto expansion of their powers and influence and control. Doug Casey 18:23 Well, actually, they have a third mandate now, which is to control long term interest rates, to prop up the mortgage market, to prop up the real estate market. Because, as you know, the real estate market floats on a sea of debt, and if you can't get a mortgage, if you can't borrow, you can't buy real estate, or, for that matter, you can't sell it. So this makes it a very unstable situation, and most people are unaware of the fact that before the last depression, the longest mortgage you could get was five years, and that was with a 20% down payment. So things have changed a lot since then, and the more debt you use to finance anything, the more unstable things become. And the fact that things have become so unstable, and the average guy's standard of living has been sinking, and he has more credit card debt, more mortgage debt, more automobile debt. Used to be paid cash for a car, then was financed for two years and five and seven, and then it was leased where you never even owned it. I mean, this is, this is a trend that's coming to an end at this point, so it's going to be quite a comeuppance for people. Keith Weinhold 19:42 I think long term financing and the easing of getting financing makes the cost of anything higher. There's probably no greater example than that of what has happened with college tuition over the decades. But you know Doug, when we talk about this centrally planned economy. Rather than letting free market forces take over, I love it. I just absolutely love it when the answer to a problem is actually doing less than what you're currently doing, let go of the reins, rather than the Fed controlling interest rates. If there were a free market doing it, you would have bank loan rates that couldn't become too high, or else they wouldn't attract borrowers. So rates would naturally fall, and then you also couldn't have bank loan rates that are too low, because you've got to compensate the bank for bad borrower risk. So rates would come up, and they would find some natural level, kind of to the point that you made earlier. There would be a natural set point price discovery. That's how I think of a free market working for interest rates rather than announcements by a Fed chair. Doug Casey 20:51 Well, you're right. The problem is that the high government officials, the elite, if you would, think they know best and try to manipulate things, but they don't know best, quite frankly. And one other comment that you made, which I think is very appropriate, is college tuitions. For years, I've recommended that young people forget about college. It's a huge misallocation of your time and money, you wind up studying things well after you are through partying and drinking and chasing the opposite sex, and the things you learn about have no practical application in the world. And I'm not talking about learning history and the classics and mathematics and science, okay? Those are valuable things. Most of what people are taking in college today are hobby subjects, if you would, or things that are fun to learn in your spare time, but you shouldn't burden yourself with a lifetime of debt to do those things and get a worthless degree. Everybody has a degree and with grade inflation, they're a waste of time. That's listen. That's why I wrote this book with Matt Smith. Is my podcast. It's called the preparation. It's on Amazon, and it explains talking about your standard of living, which is what this is all about, really, why it's foolish to go to college today and exactly what especially a young man should do, instead of misallocating The four most valuable vibrant years of his life, sitting behind a desk listening to Marxist leaning professors corrupt you with all kinds of really bad ideas. So that's why we wrote the preparation. And it tells young men exactly what they should do, instead of burdening themselves under hundreds of 1000s of dollars of debt, which can't be discharged and serves no useful purpose, what they've learned in exchange for it. So, I mean, this is one of the one of the things that people should be doing, but not enough are. Keith Weinhold 23:07 AI changes things fast. I mean, for a four year college graduate today, what you learned as a freshman three or four years ago could quickly be outdated, and that effect just wasn't nearly as great as it was a few decades ago, but if you're listening in the audio only, Doug just held his book called The preparation, which he co authored with Matthew Smith. If this way of thinking resonates with you, here's some actionable things that you can actually do. You're listening to get rich education. Our guest is international man. Doug Casey, when we come back, I'm your host. Keith Weinhold Keith Weinhold 23:41 you know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. 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Start your prequel and even chat with President Caeli Ridge personally, while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com. Robert Helms 25:23 Hi everybody. t's Robert Allens of the real estate guys radio program. So glad you found Keith Weinhold and get rich education. Don't quit your Daydream. Keith Weinhold 25:34 Steve, welcome back to get rich Education. I'm your host, Keith Weinhold, we're talking with Doug Casey about how the Fed is quietly intervening and hollowing out the middle class when it comes to interest rates. Since you state about them being the most important indicator for an economy, I think a lot of people don't realize Doug, and maybe you run into this too, that interest rates are not high today. I mean, on the long run, the Fed funds rate averages 4.6% and today it's in the high threes. So they're not actually high today. But with all these crises where we had all this money printing in these low rates, they feel high, but they're not. Doug Casey 26:22 Well, you're quite correct. The question is, at what rate is the dollar losing value? The official US government figures say, Well, I don't know what they say. They vary, and the numbers are jumbled. And I think the general price level in the US, if we were realistic, is going up well over 5% probably closer to 10% you can make that case. Yeah, I think so, because I'm talking to you now from Argentina and for years, the figures were notoriously and outrageously concocted, made up to make people think things weren't as bad as they are. And here in Argentina, we've just had a revolution, actually a peaceful revolution, with replacing the Peronist government with a man named Javier Malay. It's probably the most unusual and most important election, believe it or not, in world history, because Malay was elected here in Argentina on the platform of basically getting rid of the government disbanding it. In other words, Elon Musk's Doge, but on steroids times 10, and things have gotten a lot better here because of that. And it's too bad that Doge has been eliminated in the US, because a lot of people don't understand that the government doesn't really produce anything at all. All it does is take taxes from you and pass that money around to other people with a lot skimmed off the top to do things that entrepreneurs would probably, or certainly, I'd say, do by themselves, and they make it worse by printing up money to give to people to do those things, and borrowing money, which acts as an albatross around everybody's neck. So I'd make the case that I'm not promoting either the Republicans or the Democrats, I'd kind of say a pox on both their houses. They're just two sides of the same coin. What I think we ought to have is a much smaller, much much smaller government. But are we going to get one? No, we're not getting it right now, because I think a lot of people aren't aware of the fact that the government is running 2 trillion, $3 trillion per year deficits, and those deficits are going up, not down. So where's that money coming from? Well, most of it's being created out of thin air. It's being inflated through the banking system. So the prognosis is not terribly good. Now, along the way, of course, people have hid in real estate, made a lot of money in real estate. Real estate prices have gone up faster than retail inflation has gone up. Yeah, but I'm asking myself whether it's not possible that the real estate market could come unglued at this point, because it floats on a sea of debt. What do you think, Keith, do you have any fears about that? Keith Weinhold 29:27 Homeowners are in great shape today. They have record equity positions. They're not going to walk away. Many of them are still locked into these really low mortgage rates, so they're in really good shape. This is something very different from the 2008 global financial crisis, when you had irresponsible borrowers that had negative equity positions and an oversupply of housing so they could move out and get something cheaper. Today, if you move out in the great situation that you're in with your low mortgage rate and a high equity position, you'd lose your high equity position and. Might have to go pay rent that's higher somewhere else, so I don't see a lot of real estate appreciation coming over the next year or two, but I don't see any impending crash, largely due to that condition, there's not distress in the market. Doug Casey 30:17 Are you worried about the fact that most local and state governments are on the ragged edge of insolvency and might be raising their real estate taxes and of course, insurance costs seem to be going up a lot faster than most other costs as well. Right now, utility costs are relatively low because oil and gas prices are low, but that could change too. I mean, is there anything that could take the real estate train off the rails? Keith Weinhold 30:47 Not that I see. In fact, real estate values have only fallen substantially one time since World War Two, and that was during the 2008 global financial crisis, when we had conditions that are largely the opposite today. That's back when we had an oversupply and an irresponsible borrower that had negative equity so they wanted to walk away, and that created the down drain. To your point, yes, I do see property taxes continuing to increase, but because values aren't increasing as much, they would have to increase the mill rate to get further increases, and then most of the big insurance increases, many feel they are done. They had to come up. Because with inflation, the replacement cost of a property, if you would have a loss, rose and increased that way. So because we're still supply challenge in a lot of places, I see prices holding up but not appreciating like 10% anytime soon, and that's due to an affordability constraint. I don't see how they could possibly do that. And when we talk about that average person Doug, that person trying to make their mortgage payments or their rent payments, I was talking on a recent episode about the K shaped economy, I think it's something that we often visualize in our mind. You see the upper branch of the K rising, the lower branch of the k falling, which is emblematic of this hollowing out of the middle class. But I recently saw it graphically represented, where you have the capital share of income going up for people over the decades. That used to be 5050, between capital share of income and labor share of income. Back 60 years ago, it was 5050, but now, with this K shaped divergence, one's capital share of income is about 57% today, and their labor share of income is only about 43% today. And it's kind of sad. I sort of hate to say it out loud, but it's like, hard work just does not pay off, like it used to. Much of this due to inflation pumping up asset values. Doug Casey 32:52 Well, I understand what you're saying, and I think you're correct, because there's an old saw. They say the rich get richer while the poor get poorer, and that's kind of what this K shaped economy is telling us. You've got the super rich in the top 1% or 1/10 of 1% that are becoming Ultra double wealthy, and the guy at the bottom, well, his social security taxes have risen from almost nothing to 15% of his wages, and it's a real problem. And it's said that the members of Gen Z can't afford to buy a house today as well. So what do you do about this? Well, my suggestion is, if possible, you don't want to get a job working for somebody else. If at all possible, you've got to work for yourself as an entrepreneur. That's the first thing. It's very hard to get wealthy working for somebody else. The best is to work for yourself, but in order to do that, you have to train yourself with lots of skills and lots of knowledge. And I'm not sure if people are doing that to the degree they ought to either. So I don't know how this is going to end. And of course, you mentioned earlier, artificial intelligence and robotics are tied up hand in glove with artificial intelligence. It's clear that within five years, we'll have robots that may not look entirely like people, but can do almost anything that a human being can do, and this is going to put a lot of pressure on people that don't have special skills, especially with artificial intelligence being programmed into these super competent robots. So the whole world is changing right before our very eyes. Right now, Keith Weinhold 34:39 when we talk about the middle class struggle. I probably follow the housing market more closely than you do. The NAR recently gave us the latest statistic. Two years ago, the average age of the first time homebuyer was aged 35 last year, it rose to 38 this year, it's now 40 just the average. Age of the first time homebuyer. So in high cost areas, that could very well be 45 I mean, people are getting gray hair before they make a down payment for this middle class that's trying to get into the ownership class. Doug Casey 35:13 And the further back you go, the younger the age right people were buying houses at So, I mean, it used to be people would try to buy a house right out of school. Frankly, that's out of the question today. Keith Weinhold 35:27 Yeah, I sure don't remember those days myself, but Yeah, it sure was substantially younger just a couple decades ago. Well, Doug, where are we going with all this? I mean, does a reset eventually happen with either runaway inflation? Do you think that happens first, or some sort of market crash, or is it something else? I mean, what cataclysmic act is likely to happen first? Doug Casey 35:52 Well, look, I hate to be too gloom and doomy, because everybody, first of all, generally speaking, trends in motion stay in motion, and everything has been maybe gradually descending standard of living wise, but the economy's held together, and we haven't had any catastrophic collapse. Well, almost in 2008 and a couple other times, but I think we're headed for one. So what should you do about it? I would say, consume less if you possibly can, and save what you can, if possible, take a second job while it's still possible, to go out and get a second job or found an entrepreneurial activity so that if you lose your job, you've got a backup system. But with the changes in technology and of course, what's happening in robotics and AI are just part of it. You're not going to be able to rely on what you relied on in the past, because the world is changing very, very radically as far as real estate is concerned. Look, I actually own a lot of real estate, but, you know, I've come to the conclusion that at this point I want to treat my house and other real estate, basically as a not so much as an investment to make money, but to store value. That's right, a store of value where I can put some capital aside. I don't want to keep a lot of money in dollars. That doesn't mean I want debt either. That's risky. For many, many years, I've advocated and bought gold and silver because they are money in its most basic form, and it's worked out really well. I started buying gold at about $40 it's at about 4000 today, and I've always treated it, almost always, as a savings vehicle, not as a speculative vehicle, although, if I want to speculate, I speculate in mining stocks, which are a leveraged way of playing gold and silver, the most volatile class of securities on the planet, actually, and I understand that a lot of people today have Robin Hood accounts and are speculating on the stock market, desperately trying to stay ahead of currency debasement and somehow build a nest egg for themselves by speculating in the market. Generally, that's not a good formula for success you're playing against, you know, extremely smart and well capitalized and knowledgeable big boys, and the fact that everybody's doing it is also, in itself, a tip off to the fact the stock market could be at the tippy top right now, I kind of think it is a bubble in the tech stocks. It's tough, Keith, there's not a lot of places to run and hide at this point. Keith Weinhold 38:39 Price to earnings ratios are really bloated in the s, p5, 100. I'd love to get your thought on this. Doug, if a person can get a 30 year mortgage rate for a rental property where the rent income meets or exceeds the expenses at a mortgage rate between six and 7% should they do that? Doug Casey 38:57 Look, if you can cover your mortgage a fixed interest rate mortgage 30 years. One thing that you can almost plan your life around is that dollar is going to lose value every year. So the actual value of your debt, your mortgage, is going to go down every year, right? And presumably the rent that you can charge on your house is going to go up every year. So yep, doing it the way I think you're doing it is an excellent plan for slow and steady long term success. Yeah, it makes sense. You're right. Keith Weinhold 39:30 We actually have some listener questions on the thing that you brought up, which I call inflation profiting when you borrow long term fixed interest rate debt and get to pay it back with more plentiful dollars down the road. Some people don't understand what you just explained. One way I brought it up with my listeners is we'll just look back 30 years ago, in 1995 the average home cost 130k an 80% loan would be 104k so here, 30 years later, that median home costs over 400 K, and you still just owe 104k on the loan. That's the benefit of what I call inflation, profiting on long term fixed interest rate debt. And of course, your tenant would have paid that down to zero as well. But that kind of makes the benefit be more apparent when we look back into the past 30 years. Well, Doug, as we're winding down here, you have any other thoughts about, just say, the average American out there, what they should do with the Fed behaving and controlling the economy like we do. We're talking about the average American, maybe someone with a mortgage, some rental properties, some savings, maybe a 401, K. How do these potential shifts in Fed policy translate into real life consequences and actions for them. Is there anything else? Doug Casey 40:44 Well, look, don't count on some outside force to kiss everything and make it better. You've got to look out for number one. And as I said before, the way you do that is you should cut back your expenditures every way you can at this point and when you cut back your expenditures, save that money. Now, what do you do with the money that you save? It's not as easy making that recommendation as it was a few years ago, when I was recommending gold, when it was much cheaper than it is. Now it's at $4,000 now look, save money, get an extra job, earn money, cut back your consumption, learn some new skills, because we don't know how things are going to reorient with the immense advances being made through AI and robotics. That's just generalized advice, but that's all you can do, is well and buy real assets. Nothing wrong with buying a house the way you're talking about if you can buy it and the mortgage is cracked with rent. Eventually, I think we're going to see interest rates go back up to the levels that they were in the early 1980s people don't remember this, but the US government was paying 1518, even 20% for its money, and mortgages were, well, 15, 16% it's going to happen again. So I think if you can lock in a mortgage anywhere in here, on a good piece of real estate that covers the mortgage, that's simple, it's doable. Everybody should try to do it. In addition to the other things I mentioned Keith Weinhold 42:20 in 1981 the 30 year fixed rate mortgage peaked at over 18% to our earlier point about the fact that mortgage rates are actually historically low now so are fed funds rates. Well, Doug, tell us one last time about your new book and then any other resources. If our audience wants to engage with you Doug Casey 42:40 I do a blog will know who he is. We've had him here on the show twice, yeah, well, he writes there for us every week, and we've got great articles. That's number one. Number two, I do a podcast with Matt Smith every week called Doug Casey's take on youtube.com third, I urge everybody to get this book, which talks about, if you have a grandchild, a son, it talks about why you should not go to college and what you should do exactly instead of going to college. So that's another thing to do. And we have a newsletter that also covers mining stocks, which is where I'm concentrated in at the moment. They're very cheap, very volatile, and one of the few places in the market, and I hate to say this, that offer the potential of 10 to one or more returns in the near future. So I guess those are the areas where you can find out more about me. Keith Weinhold 43:49 Again, the new book from Doug is called the preparation. It shows a compass on the cover, and then internationalmen.com. Is actually where Doug wrote a piece called The Fed's quiet war against the middle class, which spawned this very conversation right here. Doug, it's been valuable as always. Thanks so much for coming back onto the show. Doug Casey 44:08 My pleasure. Keith, thank you. Keith Weinhold 44:16 Yeah, real estate is positioned for price stability. I was actually investing directly in real estate through the 2008 global financial crisis, and I know what happened is that people walked away from properties when the economy got rough and they couldn't make their payments. It is almost impossible for that to happen today. Homeowners can make their payments. Look through Census Bureau data in realtor.com we know a couple things here. Four in 10 homeowners have no mortgage at all. They own the property free and clear. And then among that group with mortgages, 70% of those borrowers still have a mortgage rate locked in at. Under 5% yes, still today I'll amalgamate those for you. This means that 82% of borrowers either have no mortgage or they have a rate under 5% so that is really affordable payments, along with the protective equity and inflation can't touch that principal and interest amount in addition to real estate, Doug Casey is a longtime gold and silver guy. Of course, both of those have sort to fantastic new all time highs this year. Keith Weinhold 45:34 Merry Christmas and Happy Holidays from me and everyone here at GRE. Next week is another big one. You'll get GRE home price appreciation forecast for next year to the exact percent. I'm Keith Weinhold. Don't quit you daydream. Speaker 3 45:53 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively Keith Weinhold 46:21 The preceding program was brought to you by your home for wealth building, get richeducation.com
Stijn Schmitz welcomes Lobo Tiggre to the show. Lobo Tiggre is Author and Founder of the Independent Speculator Founder and CEO of Louis James LLC. The conversation explores the current state of precious metals and broader commodity markets, with Tiggre offering a nuanced perspective on the ongoing bull market. While gold has reached impressive heights, hitting over $4,000 and silver surpassing $66, Tiggre believes the market is not yet at its peak. He anticipates a potential consolidation period similar to previous market cycles, which could provide opportunities for investors who missed earlier entry points. Tiggre highlights significant macroeconomic factors driving precious metals, including widespread inflationary pressures, central bank gold buying, and a potential reallocation of investment portfolios towards gold. He notes interesting developments like Tether’s substantial gold purchases, which exceed those of many central banks, and increasing institutional interest in gold as a hedge. Regarding other commodities, Tiggre is particularly bullish on copper, citing constrained supply and growing demand from various sectors including technology and population growth. He remains cautious about oil, lithium, and nickel, waiting for more compelling value propositions. On the potential for a market rotation into precious metals during an economic downturn, Tiggre believes such a scenario is possible but warns that sudden market crashes could temporarily impact even safe-haven assets. He advocates for maintaining liquidity to capitalize on potential market overreactions, emphasizing the importance of being prepared to invest when opportunities arise. Tiggre’s investment philosophy centers on seeking conservative, value-driven opportunities rather than chasing momentum. He suggests investors should be patient, avoid FOMO, and be ready to act when market conditions create genuine value propositions. His overall outlook remains constructive on precious metals, with an expectation of continued long-term growth driven by fundamental economic shifts. Timestamps: 00:00:00 – Introduction 00:01:04 – Precious Metals Bull Outlook 00:03:13 – Inflationary Macro Pressures 00:06:32 – Central Bank Gold Buying 00:08:47 – Retail ETF Flows 00:09:46 – Tokenized Gold Demand 00:15:28 – Silver Physical Crunch 00:19:53 – Mining Stocks Value 00:29:38 – Base Metals Opportunities 00:35:51 – Oil Market Analysis 00:40:15 – Nickel Supply Challenges 00:42:55 – Recession Fears Discussion 00:47:16 – Capital Rotation to Metals 00:51:31 – Concluding Thoughts Guest Links: Website: https://independentspeculator.com X: https://x.com/duediligenceguy Facebook: https://www.facebook.com/louis.james.965580/ LinkedIn: https://www.linkedin.com/in/lobotiggre/ Lobo Tiggre, aka Louis James, is the founder and CEO of Louis James LLC, and the principal analyst and editor of IndependentSpeculator.com. He researched and recommended speculative opportunities in Casey Research publications from 2004 to 2018, writing under the name “Louis James.” While with Casey Research, he learned the ins and outs of resource speculation from the legendary speculator Doug Casey. Although frequently mistaken for one, Mr. Tiggre is not a professional geologist. However, his long tutelage under world-class geologists, writers, and investors resulted in an exceptional track record. A fully transparent, documented, and verifiable track record is a central feature of the IndependentSpeculator. Mr. Tiggre will put his own money into the speculations he writes about, so his readers will always know he has “skin in the game” with them.
The conventional path for young men is breaking down. College is more expensive than ever, jobs are disappearing faster than degrees can keep up, and an entire generation is being pushed into debt, confusion, and dependence before they've even had a chance to build real-world skills. More parents and young men are starting to ask a hard question: “If this system is failing, what actually works?” In today's episode, I am joined by entrepreneur, rancher, and author Matt Smith to discuss The Preparation, his new book co-written with my friend and mentor Doug Casey. We break down how real competence creates confidence, why character matters more than credentials, and how skill acquisition, mentorship, and responsibility can shape capable, independent individuals inside a system designed to produce the opposite. Enjoy! IN TODAY'S EPISODE Listen in to hear why the traditional college path is failing young menLearn why exposure to risk and responsibility builds judgment that schools never teachHear why character and responsibility matter far more than credentialsFinish this episode with a clear alternative to raising dependent boys in an increasingly unstable world STAY IN TOUCH! Stay informed about the latest news affecting the expat world and receive a steady stream of my thoughts and opinions on geopolitics by subscribing to our newsletter. You will receive the EMS Pulse® newsletter and the weekly Expat Sunday Times; sign up now and receive my FREE special report, “Plan B Residencies and Instant Citizenships.” WEALTH, FREEDOM & PASSPORTS CONFERENCE, MARCH 6-7, 2026 Join us in Panama City from March 6-7, 2026, for our second annual in-person event, the Wealth, Freedom and Passports Conference! Prices go up after January 2nd, and space is very limited, so reserve your tickets right away. RELATED EPISODES 382: Doug Casey's Crystal Ball for 2026: The One Conversation You Can't Afford to Miss 378: Why Dropping Out of School Was the Best Investment I Ever Made 289: Lessons From Homeschooling Five Children Overseas - Joshua Sheats
Dave Collum is a professor of organic chemistry from Cornell University. He joins entrepreneur, co-host of the YouTube show Doug Casey's Take co-author of the recent book The Preparation Matt Smith to discuss who benefits if SCOTUS shuts down tariffs, Venezuela, controversy surrounding Turning Point USA, narratives around Charlie Kirk, Israel, precious metals, electric cars and much more. PLEASE SUBSCRIBE LIKE AND SHARE THIS PODCAST!!! Watch Show Rumble- https://rumble.com/v72v3je-tariffs-electric-cars-venezuela-russia-turning-point-and-more-dave-collum-a.html YouTube- https://youtu.be/oP3uf1jTEcQ Follow Me X- https://x.com/CoffeeandaMike IG- https://www.instagram.com/coffeeandamike/ Facebook- https://www.facebook.com/CoffeeandaMike/ YouTube- https://www.youtube.com/@Coffeeandamike Rumble- https://rumble.com/search/all?q=coffee%20and%20a%20mike Substack- https://coffeeandamike.substack.com/ Apple Podcasts- https://podcasts.apple.com/us/podcast/coffee-and-a-mike/id1436799008 Gab- https://gab.com/CoffeeandaMike Locals- https://coffeeandamike.locals.com/ Website- www.coffeeandamike.com Email- info@coffeeandamike.com Support My Work Venmo- https://www.venmo.com/u/coffeeandamike Paypal- https://www.paypal.com/biz/profile/Coffeeandamike Substack- https://coffeeandamike.substack.com/ Patreon- http://patreon.com/coffeeandamike Locals- https://coffeeandamike.locals.com/ Cash App- https://cash.app/$coffeeandamike Buy Me a Coffee- https://buymeacoffee.com/coffeeandamike Bitcoin- coffeeandamike@strike.me Mail Check or Money Order- Coffee and a Mike LLC P.O. Box 25383 Scottsdale, AZ 85255-9998 Follow Dave X- https://x.com/DavidBCollum Follow Matt X - https://x.com/mattpheus YouTube- https://youtube.com/@dougcaseystake?si=iq8u5dXWYoDG2wjT Website- https://www.crisisinvesting.com/ Substack- https://substack.com/@mattpheus Order The Preparation- https://a.co/d/5xW0UY4 Follow Matt's Son Maxim Substack- https://substack.com/@maximsmith Sponsors Vaulted/Precious Metals- https://vaulted.blbvux.net/coffeeandamike McAlvany Precious Metals- https://mcalvany.com/coffeeandamike/ Independence Ark Natural Farming- https://www.independenceark.com/
Matt Smith discusses the smashing book he co-authored with Doug Casey and his son Maxim Smith on how to skip university and become a renaissance man (“The Preparation: How To Become Competent, Confident, and Dangerous“). He touches on the hero’s journey, Greco-Roman virtues, his son’s current path through “the preparation,” how it’s financed and designed (e.g. anchor and academic courses), why the current system has failed, and much more. The book also has utility for homeschooling children as well as for middle-aged and elderly men seeking to better themselves. Watch on BitChute / Brighteon / Rumble / Substack / YouTube *Support Geopolitics & Empire! Become a Member https://geopoliticsandempire.substack.com Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (15% off with GEOPOLITICS) https://easydns.com Escape The Technocracy (15% off with GEOPOLITICS) https://escapethetechnocracy.com/geopolitics Outbound Mexico https://outboundmx.com PassVult https://passvult.com Sociatates Civis https://societates-civis.com StartMail https://www.startmail.com/partner/?ref=ngu4nzr Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites The Preparation https://www.thepreparation.com The Preparation: How To Become Competent, Confident, and Dangerous https://www.amazon.com/Preparation-Become-Competent-Confident-Dangerous/dp/B0FLRKZCKL Maxim Smith https://www.maximsmith.com Smith Sense https://www.smithsense.com Crisis Investing https://www.crisisinvesting.com About Matt Smith Matt Smith is an American entrepreneur and economic commentator who relocated to Uruguay in 2021, where he operates a regenerative cattle ranch. He co-hosts the podcast Doug Casey's Take with author and economist Doug Casey, offering analysis on global markets, monetary policy, and geopolitical trends. Matt also publishes the financial newsletter Crisis Investing on Substack. And just recently, he co-authored the book, The Preparation: How to become Competent, Confident, and Dangerous with Doug Casey and his 20 year old son, Maxim. *Podcast intro music used with permission is from the song “The Queens Jig” by the fantastic “Musicke & Mirth” from their album “Music for Two Lyra Viols”: http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Doug Casey's Crystal Ball has become an annual tradition here at the Expat Money Show…and for good reason. A best-selling author, founder of International Man, and one of the world's most well-known international investors and libertarian philosophers, Doug has also become a close friend and mentor of mine over the years. In today's episode, we dig into Doug's insights into the geopolitical and economic trends that will define the year ahead. We also explore his outlook on gold, silver, energy, and global markets, along with a breakdown of where freedom-minded individuals should seek better opportunities abroad. If you want a grounded, no-nonsense roadmap for navigating what's coming, this is the one conversation you can't afford to miss. IN TODAY'S EPISODE Listen in as Doug breaks down why traditional university paths are failing, and how young people can build real-world competence instead of debt and useless credentialsHear Doug evaluate Argentina's President Javier Milei, and what 2026 may look like for the region's most volatile economyLearn why Europe is spiralling into a high-tax, anti-freedom “welfare stew,” and why Doug believes it is no longer viable for anyone's Plan-BFind out why Doug sees the Southern Cone—Argentina, Uruguay, Paraguay—as the strongest long-term refuge for freedom-minded individuals amid geopolitical chaos STAY IN TOUCH! Stay informed about the latest news affecting the expat world and receive a steady stream of my thoughts and opinions on geopolitics by subscribing to our newsletter. You will receive the EMS Pulse® newsletter and the weekly Expat Sunday Times; sign up now and receive my FREE special report, “Plan B Residencies and Instant Citizenships.” WEALTH, FREEDOM & PASSPORTS CONFERENCE, MARCH 6-7, 2026 Join us in Panama City from March 6-7, 2026, for our second annual in-person event, the Wealth, Freedom and Passports Conference! Get your tickets now, as space is very limited. RELATED EPISODES 329: Doug Casey's Crystal Ball For 2025: What Will Happen Next? 279: Doug Casey's Crystal Ball: Predictions for 2024 Unveiled 060: Doug Casey Reflects on His Early Life and Discusses the Possibility of an AutobiographyMentioned in this episode:Gold in the Caribbean—No Bank Can Touch ItFiat is failing. Banks are cracking. And smart...
Find us at www.crisisinvesting.com In this episode, Doug Casey and Matt discuss various questions from their subscribers. Topics range from the impact of AI on jobs, the enduring value of businesses that AI cannot replace, and the economic implications of universal basic income. They also delve into the 'skyscraper effect' as a predictor of financial downturns in places like Punta del Este, Uruguay. The discussion then shifts to the future prospects of commodities like gold, silver, uranium, and rare earths, and the potential geopolitical impacts of China's dominance in rare earth processing. Other subjects include the state of Uruguay as a plan B destination, particularly in the context of moving there post-pandemic, and the broader implications of transitioning to a war economy. Lastly, they touch on the progress of Doug's 'Higher Ground' novel series and share insights on monetary metals and rare earth mining investments. 00:00 Introduction and Subscriber Questions 00:18 Impact of AI on Business and Employment 01:20 Universal Basic Income and Future of Work 06:53 Embracing AI and Technological Advancements 07:50 Skyscraper Effect and Real Estate Market 13:14 Crisis Investing Sentiment on Commodities 18:17 Rare Earths and Global Production 21:45 Higher Ground Novels and Future Plans 23:24 Monetary Metals and Gold Lending 24:19 The Value of Gold and Counterparty Risk 25:09 War Economy and Its Implications 28:34 US Foreign Policy and Venezuela 32:15 Uruguay: A Step Back in Time 39:20 Plan B Destinations in Europe 43:17 Concluding Remarks and Future Plans
Find us at www.crisisinvesting.com I n this episode, Michael Yon joins the discussion late at night from Japan, sharing his experiences and insights on a range of subjects. Yan talks about his recent bear hunting adventures in Northern Honshu and the rising bear attacks in Japan. He delves into historical and contemporary issues concerning globalism, the depopulation agenda, and the rewilding of various countries. Yon also connects these themes to current events in Japan, Thailand, Venezuela, Argentina, and the U.S., offering a detailed historical context that ties everything together. The conversation explores the importance of being adaptable in changing times and underscores the significance of private initiatives and self-sufficiency in the face of globalist agendas. Whether it's discussing historical colonization, modern economic strategies, or the psychological impacts of widespread drug use, Yon provides a thorough, thought-provoking examination of global politics and survival strategies. 00:00 Introduction and Welcome 00:17 Bear Hunter Adventures in Japan 01:47 Bear Attacks and Infographic 02:44 The Legendary Bear Hunter's Skills 07:53 Bear Meat and Historical Context 10:52 Japan's Rewilding and Population Issues 12:39 Global Rewilding and Depopulation 16:07 Thailand's Resilience and Opium History 32:31 Globalism and Narcissistic Elites 36:39 Understanding Trump's Predictability 37:13 Personal Encounters with Political Figures 40:25 Insights on Middle Eastern Conflicts 43:13 Water Wars and Geoengineering 45:51 Historical Context of Global Conflicts 48:31 Colonial Strategies and Modern Implications 58:08 The Role of Religion in Geopolitics 01:03:40 Globalist Architecture and Historical Treaties 01:08:41 Spanish and Portuguese Ambitions in Japan 01:09:40 Global Superstructures and Their Evolution 01:10:20 American Expansion and Manifest Destiny 01:11:16 Nagasaki and Japanese Resistance to Globalism 01:12:50 Modern Global Players and Tech Oligarchs 01:14:57 Survival Strategies in a Changing World 01:16:51 Historical Conflicts and Strategic Locations 01:30:29 Panama Canal and American Global Strategy 01:35:12 Final Thoughts and Recommendations
If anyone would know what it takes to be a modern-day “Renaissance Man”, it would be Doug Casey, who was described by his co-author as a mix of James Bond, Indiana Jones, and Socrates. His new book with Matt & Maxim Smith, “The Preparation”, is a workbook for families who know there is a better way to invest the most important years of a person's life than college. The four years are split into 16 cycles, where you will build a variety of skills, all while traveling the world to experience the culture and grow an international contact list. You will learn to fly a plane in Alaska, study to become a chef in Europe, sail around the tip of South America, learn to fight in Thailand, and get licensed to operate heavy machinery in the USA, all while becoming an EMT, cowboy, welder, hacker, and farmer. It is the ultimate education to make someone bulletproof to whatever the system throws our way. — Guest Links: The Preparation: https://amzn.to/477bSIc International Man: https://internationalman.com/ — Watch the video version on one of the Macroaggressions Channels: Rumble: https://rumble.com/c/Macroaggressions YouTube: https://youtube.com/channel/UCn3GlVLKZtTkhLJkiuG7a-Q?si=DvKo2lcQhzo8Vuqu — MACRO & Charlie Robinson Links Hypocrazy Audiobook: https://amzn.to/4aogwms The Octopus of Global Control Audiobook: https://amzn.to/3xu0rMm Website: www.Macroaggressions.io Merch Store: https://macroaggressions.dashery.com/ Link Tree: https://linktr.ee/macroaggressionspodcast Activist Post Family Activist Post: www.ActivistPost.com Natural Blaze: www.NaturalBlaze.com Support Our Sponsors C60 Power: https://go.shopc60.com/PBGRT/KMKS9/ | Promo Code: MACRO Chemical Free Body: https://chemicalfreebody.com/macro/ | Promo Code: MACRO Wise Wolf Gold & Silver: https://macroaggressions.gold/ | (800) 426-1836 LegalShield: www.DontGetPushedAround.com EMP Shield: www.EMPShield.com | Promo Code: MACRO Christian Yordanov's Health Program: www.LiveLongerFormula.com/macro Above Phone: https://abovephone.com/macro/ Van Man: https://vanman.shop/?ref=MACRO | Promo Code: MACRO The Dollar Vigilante: https://dollarvigilante.spiffy.co/a/O3wCWenlXN/4471 Nesa's Hemp: www.NesasHemp.com | Promo Code: MACRO Augason Farms: https://augasonfarms.com/MACRO —
Stijn Schmitz welcomes Doug Casey to the show. Doug Casey is Bestselling Author, Speculator, Founder of Casey Research, & Voluntarist Philosopher. In this wide-ranging discussion, Casey provides a comprehensive perspective on the global economic landscape, focusing on precious metals, commodities, and potential monetary shifts. Casey argues that the world is entering the "greatest monetary crisis in world history," with gold and Bitcoin positioned as potential alternative monetary assets. He believes the current financial system is fundamentally broken, with governments printing money and eroding currency value. While bullish on gold, he suggests it's no longer underpriced as it historically was, but remains a critical savings vehicle, especially when stored offshore. Regarding investment strategies, Casey recommends focusing on gold and silver mining stocks, particularly smaller companies with entrepreneurial management. He emphasizes evaluating mining investments through his "nine peas" approach, with people and management quality being the most critical factor. He sees significant potential in junior mining companies, noting they remain dramatically undervalued. Casey is equally enthusiastic about broader commodity opportunities, especially in energy sectors like coal, oil, natural gas, and uranium. He views these commodities as critically undervalued and essential for global economic development. He's particularly optimistic about emerging markets in the Orient, suggesting they represent better economic potential than Western economies. On silver, Casey sees it as a "poor man's gold" with significant upside potential, particularly given its industrial applications and relatively small market capitalization. He believes silver could potentially reach $200-$250 per ounce in real terms. Throughout the discussion, Casey maintains a provocative, libertarian perspective, critiquing government institutions and advocating for decentralized monetary systems. He remains fundamentally optimistic about human potential, believing that technological innovation and entrepreneurial spirit will ultimately drive economic progress. Casey concludes by directing listeners to his various platforms, including internationalman.com, his Crisis Investing newsletter, and his podcast with Matt Smith, encouraging further exploration of his economic perspectives.
World-renowned speculator and libertarian philosopher Doug Casey joins today's Liberty Report to discuss his new book, The Preparation: How To Become Competent, Confident, and Dangerous.
Stijn Schmitz welcomes Matt Smith to the show. Matt Smith is Co-Author of "The Preparation" & Host of "Doug Casey's Take" Podcast. The conversation centers on the current economic landscape, with a particular focus on gold, monetary policy, and potential global financial reset. Smith discusses the unprecedented rise in gold prices, noting it has topped $4,040 and suggesting this bull market is unique. He believes the United States and China may have an unspoken agreement to use gold as a "liquidity sink" to manage massive economic challenges, particularly the enormous $175 trillion in unfunded liabilities. Smith argues that the current gold price surge is not just about preservation of capital, but potentially wealth creation. He points to historical comparisons, such as housing prices measured in gold terms, which have dramatically shifted over the past decades. Morgan Stanley's recent recommendation of 20% portfolio allocation to gold underscores the metal's growing importance. The discussion explores broader geopolitical and economic trends, including potential monetary resets, the role of critical minerals, and alternative educational paths. Smith is skeptical of traditional higher education, instead advocating for a more experiential learning approach outlined in his book "The Preparation", which he co-authored with Doug Casey. Regarding gold and precious metals, Smith believes we are in the early stages of a significant market transformation. He sees gold as uniquely positioned to serve as a monetary reset mechanism, with potentially dramatic price increases ahead. He suggests the price could reach extraordinary levels, potentially hitting $23,000 per ounce as part of a broader economic recalibration. The conversation touches on various global economic dynamics, including trade wars, critical mineral strategies, and potential geopolitical shifts. Throughout, Smith maintains a pragmatic yet cautious perspective on current economic trends, emphasizing the potential for significant structural changes in the global monetary system.
Dave Collum is a professor of organic chemistry from Cornell University. He joins entrepreneur, co-host of the YouTube show Doug Casey's Take co-author of the recent book The Preparation Matt Smith to discuss Dave's month long podcast hiatus, the bombings in Venezuela, Trump discussing the enemy within, polio vaccines, narratives around Charlie Kirk, Middle East, gold, bitcoin, inflation, Matt's new book and much more. PLEASE SUBSCRIBE LIKE AND SHARE THIS PODCAST!!! Watch Show Rumble- https://rumble.com/v6zvs80-venezuela-enemy-within-charlie-kirk-gold-and-more-dave-collum-and-matt-smit.html YouTube- https://youtu.be/spyejwlavis Follow Me X- https://x.com/CoffeeandaMike IG- https://www.instagram.com/coffeeandamike/ Facebook- https://www.facebook.com/CoffeeandaMike/ YouTube- https://www.youtube.com/@Coffeeandamike Rumble- https://rumble.com/search/all?q=coffee%20and%20a%20mike Substack- https://coffeeandamike.substack.com/ Apple Podcasts- https://podcasts.apple.com/us/podcast/coffee-and-a-mike/id1436799008 Gab- https://gab.com/CoffeeandaMike Locals- https://coffeeandamike.locals.com/ Website- www.coffeeandamike.com Email- info@coffeeandamike.com Support My Work Venmo- https://www.venmo.com/u/coffeeandamike Paypal- https://www.paypal.com/biz/profile/Coffeeandamike Substack- https://coffeeandamike.substack.com/ Patreon- http://patreon.com/coffeeandamike Locals- https://coffeeandamike.locals.com/ Cash App- https://cash.app/$coffeeandamike Buy Me a Coffee- https://buymeacoffee.com/coffeeandamike Bitcoin- coffeeandamike@strike.me Mail Check or Money Order- Coffee and a Mike LLC P.O. Box 25383 Scottsdale, AZ 85255-9998 Follow Dave X- https://x.com/DavidBCollum Follow Matt X - https://x.com/mattpheus YouTube- https://youtube.com/@dougcaseystake?si=iq8u5dXWYoDG2wjT Website- https://www.crisisinvesting.com/ Substack- https://substack.com/@mattpheus Order The Preparation- https://a.co/d/5xW0UY4 Follow Matt's Son Maxim Substack- https://substack.com/@maximsmith Sponsors Vaulted/Precious Metals- https://vaulted.blbvux.net/coffeeandamike McAlvany Precious Metals- https://mcalvany.com/coffeeandamike/
What can you do? Get prepared financially by subscribing to https://crisisinvesting.com and with skill development from our new book, The Preparation: https://a.co/d/f8XtkcZ In this episode, Doug and his co-host discuss the recent government shutdown and its implications, with particular focus on how it may benefit President Trump by allowing him to make changes without congressional approval. They express concerns about Trump's increasing authoritarian tendencies and potential impacts on US democracy. The conversation then shifts to the erosion of Western civilization, chaotic immigration policies, and the rise of data centers and technology's role in tracking and controlling people. They also explore the possibility of future geopolitical conflicts, particularly in Europe and the Middle East, and the role of technological advancements like robotics and AI. Additionally, Doug shares his insights on living in Costa Rica and transporting pets during international travel. 00:00 Introduction and Government Shutdown Discussion 00:47 Trump's Power and Government Changes 02:31 Trump's Unpredictable Actions and Future Speculations 05:55 Questions from Members: Immigration and National Identity 07:26 Western Civilization and Political Chaos 15:31 Data Centers and Technological Bubbles 27:10 Robotics and Cloud Processing 28:37 The Rise of Robots and AI 31:39 Global Military Tensions 33:37 Digital IDs and Government Control 35:24 Political Violence and Social Unrest 44:32 Costa Rica as a Safe Haven 47:39 Transporting Pets Internationally 49:26 Concluding Thoughts on Global Issues
Are you truly preparing yourself—and your family—for the future? Or are you following traditional paths like college and career that may actually be leaving you vulnerable?Today's guest, Matt Smith, is an American entrepreneur and economic commentator who walked away from convention to build a resilient life. Now based in Uruguay running a regenerative cattle ranch, he co-hosts Doug Casey's Take podcast, publishes the Crisis Investing newsletter, and just co-authored The Preparation: How to Become Competent, Confident, and Dangerous with Doug Casey and his 20-year-old son.In this conversation, Matt shares how to become truly self-reliant in uncertain times—covering education, economics, and the timeless virtues that build competence and confidence. If you've ever wondered how to thrive, not just survive, this is an episode you can't afford to miss.Quotes:“Real confidence only comes through competency. When you become good at anything, even just one thing, it becomes a beachhead you can build on.” “You are the average of the five closest people around you. Choosing those people consciously is really critical, and makes all the difference.” “The environment is going to create different desires in you. Humans look to other humans to figure out what they want.” Actionable Takeaways:Question the Default Path: Ask yourself, Am I pursuing this career, degree, or lifestyle because I chose it—or because culture told me to? Write down what you truly want versus what you've been conditioned to want.Design Your Peer Environment: Evaluate the five people you spend the most time with. Do they push you toward competence, confidence, and independence—or keep you stuck in mediocrity? Make one intentional change this week.Lower Your Time Preference: Practice delaying gratification. Instead of chasing short-term comfort, invest time, money, or effort into something that will make you stronger in 5–10 years.Build Competence in One Area: Pick a skill—physical, financial, or intellectual—and commit to deliberate practice. Confidence flows from demonstrated competence.Create Your Personal Code: Draft a short written set of principles (3–5 lines) that define who you are and the kind of man or woman you want to become. Revisit it weekly.ConclusionIn a world where uncertainty is the only guarantee, Matt Smith reminds us that true preparation isn't about credentials or checking boxes—it's about becoming the kind of person who can adapt, lead, and thrive no matter what comes. Competence, confidence, and resilience don't happen by accident; they're built through intentional choices, delayed gratification, and surrounding yourself with the right people and principles.The challenge is simple yet profound: Are you preparing to merely survive, or to live with strength, independence, and purpose? The time to start building that future is now.
Matt Smith, an American entrepreneur and economic commentator, co-authored The Preparation: How to Become Competent, Confident, and Dangerous with Doug Casey and his son, Maxim Smith. A Gen X innovator with ventures in tech, marketing, publishing, and regenerative ranching in Uruguay, Smith critiques traditional education as debt-heavy and ineffective. The book outlines a four-year, 16-cycle alternative to college for young men, tested by Maxim, emphasizing real-world skills like EMT training, welding, piloting, and entrepreneurship to forge versatile, self-reliant "universal men." To watch the Full Cornerstone Forum: https://open.substack.com/pub/shaunnewmanpodcastGet your voice heard: Text Shaun 587-217-8500Silver Gold Bull Links:Website: https://silvergoldbull.ca/Email: SNP@silvergoldbull.comText Grahame: (587) 441-9100Bow Valley Credit UnionBitcoin: www.bowvalleycu.com/en/personal/investing-wealth/bitcoin-gatewayEmail: welcome@BowValleycu.com Use the code “SNP” on all ordersProphet River Links:Website: store.prophetriver.com/Email: SNP@prophetriver.comExpat Money SummitWebsite: ExpatMoneySummit.com
The Cognitive Dissidents join up for their monthly powwow to discuss the Charlie Kirk deep event, the accelerating rise of technocratic fascism, and how that will make the world of Doug Casey's international man near impossible. Watch on BitChute / Brighteon / Rumble / Substack / YouTube Geopolitics & Empire · Cognitive Dissidents: Charlie Kirk, Fascism, & the End of the International Man #13 *Support Geopolitics & Empire! Become a Member https://geopoliticsandempire.substack.com Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics Expat Money Summit 2025 (20% off VIP with code EMPIRE) https://2025.expatmoneysummit.com PassVult https://passvult.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
On this episode of Rich Valdes America at Night, Jim Agresti, President of Just Facts, joins the show to discuss troubling incidents of Democrats inciting violence and the consequences it brings to America's political discourse. Then, Shawn Farash, host of Ungoverned on LFA TV, breaks down ABC's decision to suspend Jimmy Kimmel and what it reveals about media culture today. And finally, world-renowned investor and bestselling author Doug Casey shares his contrarian perspective and discussed his new book "The Preparation". Learn more about your ad choices. Visit podcastchoices.com/adchoices
In today's episode, Doug and Matt delve into the controversial assassination of Charlie Kirk and its broader societal and economic implications. The discussion covers a wide range of topics including the potential economic instability facing the US, comparisons to historical events like the 1960s and the Vietnam War, the cultural divide between liberal and conservative factions, and the role of hate speech in modern politics. They also analyze the official story surrounding Kirk's assassination, highlighting inconsistencies and potential motives, while drawing parallels to other significant events. This conversation seeks to understand the symptom of larger issues bubbling beneath the surface in contemporary America. 00:00 Introduction and Current Events Overview 00:48 Historical Context and Comparisons 02:22 Economic and Social Instability 05:42 The Role of Hate Speech and Government Actions 09:53 Digital and Cultural Divide 15:29 Economic Predictions and Manufacturing Decline 21:22 Charlie Kirk Assassination Theories 32:00 Conclusion and Final Thoughts
Gabriel Custodiet speaks for a third time with the anarchist philosopher Doug Casey. They discuss the “metaphysics of war,” better paths for young men, the nature of evil, dueling, and places Doug would never visit again. GUEST → https://www.amazon.com/Preparation-Become-Competent-Confident-Dangerous/dp/B0FLRKZCKL → https://youtu.be/ynl1vWQy5k0 (Episode on the above book) → https://www.amazon.com/Totally-Incorrect-Conversations-Doug-Casey/dp/0988285134 → https://www.youtube.com/@DougCaseysTake → https://highgroundseries.com/ → https://www.amazon.com/Crisis-Investing-Rest-Douglas-Casey/dp/1559721774 WATCHMAN PRIVACY → https://watchmanprivacy.com (Including privacy consulting) → https://twitter.com/watchmanprivacy → https://escapethetechnocracy.com/ CRYPTO DONATIONS → https://watchmanprivacy.com/donate.html TIMELINE 00:00 – Introduction 2:00 – Doug's reaction to first paragraph of Julius Evola's Metaphysics of War 7:50 – The Preparation 12:00 – The nature of evil 22:05 – Would dueling make the world more civilized? 29:50 – Places Doug Casey regrets traveling to 35:35 – Final Thoughts Music by Karl Casey @ White Bat Audio
Interview recorded - 9th of September, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming on Lobo Tiggre. Lobo is the founder of the Independent Speculator. During our conversation we spoke about his outlook on the economy, inflation risks, central banks diversifying to gold, weaker employment data, copper, uranium and more. I hope you enjoy!0:00 - Introduction2:41 - Outlook on the economy4:10 - Inflation6:58 - Oil market10:52 - Oil supply dynamics12:30 - Investors losing faith in government bonds20:57 - Passive buyer of gold25:10 - Employment revisions28:39 - Copper27:30 - Uranium42:54 - One message to takeaway?Lobo Tiggre is the founder, CEO, and principal analyst and editor of Louis James, LLC. He researched and recommended speculative opportunities in Casey Research publications from 2004 to 2018, writing under the name “Louis James” for privacy reasons. While at Casey Research, he learned about the newsletter business from Casey co-founder David Galland, and resource speculation from the legendary speculator Doug Casey himself.Although frequently mistaken for one, Mr. Tiggre is not a professional geologist. Nor does he hold the CFA designation, and he is not a licensed financial advisor. Tiggre is a speculator who, during his time with Doug Casey, also learned from many other industry leaders, including Sprott-Global's Rick Rule, former newsletter writer Bob Bishop, fellow newsletter writer and geologist Brent Cook, exploration geologist and multiple mine-finder Ron Parratt, and many others.This resulted in a track record of winning recommendations outpacing losers by a wide margin, resulting in extraordinary overall gains. Due to copyright issues, we cannot reproduce or document that track record. However, the average of the yearly gains published by Casey Research for their flagship publication, the International Speculator, was 18.5% per year during Tiggre's time with the publication. A fully transparent, documented, and verifiable track record is a central feature of Louis James LLC services.Prior to his work at Casey Research, Mr. Tiggre was a writer and publisher involved in numerous ventures. In 1998, he published his first novel, Y2K: The Millennium Bug. In 2012, he co-authored Doug Casey's first book in almost two decades, Totally Incorrect. This was followed by another book co-authored with Doug Casey in 2014, Right on the Money. Tiggre has plans for several new books going forward, both fiction and non-fiction.Mr. Tiggre is a graduate of Aiglon College in Chesières-Villars, Switzerland. His formal education included studies in physics at Rensselaer Polytechnic Institute. He also studied economics at UNC Chapel Hill, and wrapped up with a magna cum laude BA in sociology from Duke university.Tiggre grew up speaking both Spanish and English. He later learned French, German, and is now working on Russian. He is happily married with five children. He lives in San Juan, Puerto Rico.Lobo Tiggre - Website - https://independentspeculator.com/X - https://x.com/duediligenceguyWTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Gabriel Custodiet speaks with Matt Smith about his recent book: The Preparation. The book and the conversation cover what young men can do instead of joining a university or getting straight into the work force. In other words, how to make the first step to become a “Renaissance Man.” GUEST → https://www.amazon.com/Preparation-Become-Competent-Confident-Dangerous/dp/B0FLRKZCKL (The Book) → https://www.thepreparation.com/ (The Substack for the book) → https://www.maximsmith.com/ (The Substack of the son, Maxim) → https://www.crisisinvesting.com/ (The Substack of the guest, Matt Smith) → https://twitter.com/mattpheus (Matt Smith) → https://www.youtube.com/@DougCaseysTake WATCHMAN PRIVACY → https://watchmanprivacy.com (Including privacy consulting) → https://twitter.com/watchmanprivacy → https://escapethetechnocracy.com/ CRYPTO DONATIONS → https://watchmanprivacy.com/donate.html TIMELINE 00:00 – Introduction 2:30 – Reasons not to go to university 11:20 – Cultural attachment 17:25 – Doing vs Having 22:40 – What Maxim has done in the last 12 months 29:30 – How is this self-directed education structured? 47:00 – How to create a council and find a patron as a young man 1:03:45 – How is Uruguay? 1:08:15 – Final Thoughts Music by Karl Casey @ White Bat Audio
Gabriel Custodiet speaks with Doug Casey. Remastered audio from Episode 51 and 88 of the Watchman Privacy podcast. GUEST → https://www.amazon.com/Totally-Incorrect-Conversations-Doug-Casey/dp/0988285134 → https://www.youtube.com/@DougCaseysTake → https://highgroundseries.com/ → https://www.amazon.com/Crisis-Investing-Rest-Douglas-Casey/dp/1559721774 WATCHMAN PRIVACY → https://watchmanprivacy.com (Including privacy and crypto consulting) → https://twitter.com/watchmanprivacy → https://escapethetechnocracy.com/ CRYPTO DONATIONS → https://watchmanprivacy.com/donate.html Music by Karl Casey @ White Bat Audio
Matt Smith is an American entrepreneur and economic commentator who relocated to Uruguay in 2021, where he operates a regenerative cattle ranch. He co-hosts the podcast Doug Casey's Take with author and economist Doug Casey, offering analysis on global markets, monetary policy, and geopolitical trends. Matt also publishes the financial newsletter Crisis Investing on Substack. He is also co-author, with his 20 year old son Maxim Smith and Mr. Casey, of the superb new book, The Preparation: How to become Competent, Confident, and Dangerous about making boys into effective autonomous men in these uneasy times. The KunstlerCast theme music is the beautiful Two Rivers Waltz written and performed by Larry Unger
Maxim Smith returns to discuss the release of his new book”The Preparation," co-authored with Doug Casey and his father Matt Smith, why every young person should read it, life in America vs. Uruguay, what's next, and much more. PLEASE SUBSCRIBE LIKE AND SHARE THIS PODCAST!!! Watch Show Rumble- https://rumble.com/v6y4h6y-why-specialization-is-for-insects-maxim-smith.html YouTube- https://youtu.be/kuxQcXLsEXw Follow Me X- https://x.com/CoffeeandaMike IG- https://www.instagram.com/coffeeandamike/ Facebook- https://www.facebook.com/CoffeeandaMike/ YouTube- https://www.youtube.com/@Coffeeandamike Rumble- https://rumble.com/search/all?q=coffee%20and%20a%20mike Substack- https://coffeeandamike.substack.com/ Apple Podcasts- https://podcasts.apple.com/us/podcast/coffee-and-a-mike/id1436799008 Gab- https://gab.com/CoffeeandaMike Locals- https://coffeeandamike.locals.com/ Website- www.coffeeandamike.com Email- info@coffeeandamike.com Support My Work Venmo- https://www.venmo.com/u/coffeeandamike Paypal- https://www.paypal.com/biz/profile/Coffeeandamike Substack- https://coffeeandamike.substack.com/ Patreon- http://patreon.com/coffeeandamike Locals- https://coffeeandamike.locals.com/ Cash App- https://cash.app/$coffeeandamike Buy Me a Coffee- https://buymeacoffee.com/coffeeandamike Bitcoin- coffeeandamike@strike.me Mail Check or Money Order- Coffee and a Mike LLC P.O. Box 25383 Scottsdale, AZ 85255-9998 Follow Maxim Substack- https://substack.com/@maximsmith Order The Preparation- https://a.co/d/5xW0UY4 Sponsors Vaulted/Precious Metals- https://vaulted.blbvux.net/coffeeandamike McAlvany Precious Metals- https://mcalvany.com/coffeeandamike/ Independence Ark Natural Farming- https://www.independenceark.com/
A Note from JamesThere's always been debate about whether college is worth it. But what if there's a better alternative—one that actually prepares you to become the person you want to be? My good friend Matt Smith just wrote a book with Doug Casey called The Preparation. It's not theory—he's been putting his own son through it as a real-world experiment. Instead of college, Maxim has spent the past two years learning skills like EMT training, firefighting, building houses, working cattle, and even launching a business. This is a practical roadmap for turning those years of 18–22 into a hero's journey. I loved this conversation, and I'm sending the book to all of my kids.Episode DescriptionJames talks with entrepreneur and writer Matt Smith about his new book The Preparation, co-authored with Doug Casey. The book lays out a four-year alternative to college built around “cycles”—three-month intensive experiences designed to build practical skills, personal codes, and real-world wisdom. From earning an EMT license to fighting wildfires, training in Muay Thai, or running a small business, these cycles are designed to help young people become independent, capable, and resilient. James and Matt discuss why the traditional college path often fails, how to build a personal code of values, and why the future belongs to “expert generalists” who know how to learn across disciplines.What You'll LearnWhy “be, do, have” is a more powerful framework for life than chasing possessions or credentials.How creating a personal code builds self-respect and identity.Why intergenerational relationships matter more than peer validation.How cycles of hands-on learning—from EMT work to entrepreneurship—prepare young people better than a classroom ever could.Why becoming an expert generalist is the best hedge against a future dominated by AI and automation.Timestamped Chapters[00:00] A Note from James: College vs. alternatives[01:00] Introducing Matt Smith and The Preparation[03:00] Origins of the book and Doug Casey's vision[05:00] Writing the book for his son Maxim[06:00] Why homeschooling replaced high school[07:00] “Be, Do, Have” explained[09:00] Stacking cycles vs. stacking skills[10:00] Why the book focuses on young men (and how women can adapt it)[11:00] How to build your own cycle[13:00] Why traditional education fails to prepare people for real skills[14:00] Establishing a personal code[16:00] Examples of personal rules for self-respect[18:00] Practicing courage and choosing virtues[20:00] Skills Maxim has gained so far—EMT, chess, horses, firefighting[22:00] Adventures with Doug Casey and small-country nation building[24:00] Maxim's cycles: EMT work, ranch apprenticeship, wildfire EMT[27:00] Structure, resistance, and learning by doing[28:00] Shelter Institute and learning to build a house[29:00] Entrepreneurship cycle: precision agriculture with drones[31:00] Lessons from entrepreneurship[32:00] Muay Thai training in Thailand[33:00] Cooking school in Florence[34:00] Travel with purpose vs. aimless wandering[36:00] James on biographies and meaningful decisions[37:00] Preparing for AI and the future of work[39:00] Why being an “expert generalist” matters[41:00] Learning how to learn across environments[42:00] The problem with peer-only education[44:00] Intergenerational relationships as mentorship[45:00] What comes after the preparation[47:00] Why the program can work for adults too[49:00] Rethinking retirement as another cycle of preparation[56:00] Matt's personal growth through writing and learning new skills[58:00] Designing The Preparation as a beautiful, interactive book[59:00] Closing thoughts and sending the book to the next generationAdditional ResourcesMatt Smith & Doug Casey — The PreparationDoug Casey's Take (Podcast): YouTube ChannelDoug Casey's Official Site: internationalman.comThe Shelter Institute (Learn to Build a House): shelterinstitute.comMuay Thai Training in Thailand (Example School): Santai Muay Thai GymFlorence Cooking School Example: Apicius International School of HospitalityStripe Press (Books mentioned by Matt): stripe.pressDoug Casey's Classic Book — Crisis Investing: AmazonSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Doug Casey is one of my all time favorite investor and economic commentator. In this episode he talks about real money, trade and war. It's hard-hitting and direct and classic Doug Casey.Daniela Cambone of ITM Trading - Interview of Doug Caseyhttps://www.youtube.com/watch?v=YaKA1EYMWg8Real Money Charts and Figures - Who Gets to Decidehttps://www.youtube.com/watch?v=dHgUIr5SymM
Matt Smith produces a series of videos with Doug Casey, and co-hosts the YouTube show Doug Casey's Take. We talk the release of his new book The Preparation co-authored with Doug Casey and his son Maxim Smith, why he feels it's important for every young man to read, The Global Monetary Reset, how the idea of crypto has changed, and much more. PLEASE SUBSCRIBE LIKE AND SHARE THIS PODCAST!!! Watch Show Rumble- https://rumble.com/v6xv45c-what-kind-of-man-do-you-want-to-become-matt-smith.html YouTube- https://youtu.be/mmn_Y4V8FEs?si=rvVcQ8Z-QlBQYi4e Follow Me X- https://x.com/CoffeeandaMike IG- https://www.instagram.com/coffeeandamike/ Facebook- https://www.facebook.com/CoffeeandaMike/ YouTube- https://www.youtube.com/@Coffeeandamike Rumble- https://rumble.com/search/all?q=coffee%20and%20a%20mike Substack- https://coffeeandamike.substack.com/ Apple Podcasts- https://podcasts.apple.com/us/podcast/coffee-and-a-mike/id1436799008 Gab- https://gab.com/CoffeeandaMike Locals- https://coffeeandamike.locals.com/ Website- www.coffeeandamike.com Email- info@coffeeandamike.com Support My Work Venmo- https://www.venmo.com/u/coffeeandamike Paypal- https://www.paypal.com/biz/profile/Coffeeandamike Substack- https://coffeeandamike.substack.com/ Patreon- http://patreon.com/coffeeandamike Locals- https://coffeeandamike.locals.com/ Cash App- https://cash.app/$coffeeandamike Buy Me a Coffee- https://buymeacoffee.com/coffeeandamike Bitcoin- coffeeandamike@strike.me Mail Check or Money Order- Coffee and a Mike LLC P.O. Box 25383 Scottsdale, AZ 85255-9998 Follow Matt X - https://x.com/mattpheus YouTube- https://youtube.com/@dougcaseystake?si=iq8u5dXWYoDG2wjT Website- https://www.crisisinvesting.com/ Substack- https://substack.com/@mattpheus Order The Preparation- https://a.co/d/5xW0UY4 Sponsors Vaulted/Precious Metals- https://vaulted.blbvux.net/coffeeandamike McAlvany Precious Metals- https://mcalvany.com/coffeeandamike/ Independence Ark Natural Farming- https://www.independenceark.com/
Buy the book: https://a.co/d/eutwBUN In this episode, Doug and Matt discuss the concept and goals behind their newly published book, 'The Preparation.' Designed as an alternative to traditional education paths, the book aims to transform young men into well-rounded, competent individuals capable of shaping the world around them. They delve into the origins of the book, its structure, and its 16 unique cycles that cover a wide range of practical skills and academic knowledge. The authors emphasize the importance of becoming a 'universal man'—someone who is not just knowledgeable but also morally sound and physically capable. They critique the current education system, discuss the disadvantages of following conventional paths like college, and propose a new, hands-on approach to education. The discussion also touches on the importance of mentorship and the concept of a patron-client relationship. The book is presented as a much-needed guide for young men to lead a meaningful and successful life. 00:00 Introduction and Setting the Scene 00:52 Discussing the Book: The Preparation 01:47 The Concept of the Renaissance Man 04:31 Critique of Modern Education 08:18 Alternative Paths for Young Men 22:32 The Importance of Personal Codes and Reflection 36:12 Introduction to Life Skills Cycles 36:20 Building Practical Skills: From Construction to Culinary Arts 38:09 Heavy Equipment Operation and Welding 39:48 Martial Arts Training in Thailand 43:17 Sailing Adventures and Survival Skills 46:49 Farming and Entrepreneurship 48:54 Investing and Technology Hacking 50:28 The Maker Cycle and Novel Actions 58:25 Mentorship and Intergenerational Relationships 01:06:10 Conclusion and Book Availability
A unique and often overlooked way to profit through investing in the junior resource sector is by taking advantage of arbitrage opportunities. These opportunities occur stunningly frequently in the sector and provide the astute investor with a lower risk avenue to consistently make high returns in an otherwise volatile sector. In this interview, Jayant Bhandari of Anarcho Capital Inc. explains how to profit from arbitrage in junior mining stocks. Jayant is one of the foremost voices in junior resources teaching about and lifting up arbitrage opportunities within the sector. Previously, he has worked for well-known natural resource investors Doug Casey and Frank Holmes. Currently, he advises institutional investors regarding investing in the junior mining sector. This interview is a must-listen for savvy investors and was originally broadcasted on MSE in June 2017. 0:00 Intro 3:05 How Jayant came to focus on junior mining stocks 4:10 Why Jayant focuses on arbitrage opportunities 4:54 Why arbitrage occurs in junior mining stocks 5:54 Where arbitrage occurs most frequently in junior resources 9:16 How many significant arbitrage opportunities occur each year 9:41 Past arbitrage opportunity of Sunridge Gold explained 12:08 Why arbitrage can grow over time in junior resources 13:01 What % arbitrage upside Jayant looks for before investing 14:49 What factors/risks to examine in an arbitrage opportunity 18:46 Profitable arbitrage trades Jayant has made 21:31 Final advice on profiting from arbitrage in junior resources https://jayantbhandari.com/capitalism-morality/ Coupon Code for 10% off: MSE25 Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. If you buy stock in a company featured on MSE, for your own protection, you should assume that it is MSE's owner personally selling you that stock. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/
Navigating Future Uncertainties: Gold, AI, and Crisis Investing with Doug and Matt In this episode, Doug and Matt tackle critical questions from their community concerning the future of gold ownership in a world trending towards digital currencies, the implications of AI advancements, and the shifting landscape of international finance. They discuss practical solutions for protecting and growing your wealth, including investing in high-tech stocks and crisis programs, and the importance of international diversification. They also touch on geopolitical conflicts, supply chain disruptions, and the shifting buyer base in Uruguay as a potential 'Plan B' destination. Tune in for a detailed foresight into these vital issues and insights on safeguarding your financial future. 00:00 Introduction and Time Constraints 00:08 Owning Physical Gold: Practical Considerations 03:03 International Banking and Upcoming Conference 06:31 Supply Chain Issues and Economic Chaos 11:51 Future Predictions: AI, Robots, and Economic Shifts 18:14 Investment Strategies and Crisis Investing 24:05 Uruguay's Real Estate Market and Diversification 26:08 Geopolitical Dynamics and Strongman Politics 30:40 Conclusion and Final Thoughts
“The Fed should be abolished, it's the engine of inflation,” warns legendary investor Doug Casey in this exclusive conversation with Daniela Cambone. With inflation heating up and jobs collapsing, Casey says political pressure from Trump will push the Fed to cut rates, poisoning the economy's “lifeblood” and speeding up the dollar's decline. He calls gold “the inevitable and imminent” replacement for paper money, pointing to BRICS nations turning away from the U.S. dollar and moving toward gold-backed trade. Casey also warns that Iran's grip on global oil and Trump's unpredictable foreign policy could spark a major crisis, similar to the Cuban Missile standoff. He wraps up by unveiling The Preparation, his guide to helping young men become “confident, competent, and dangerous” through real-world skills and travel instead of college debt.✅ FREE RESOURCESDownload the Ultimate Decision-Making Guide on Gold & Silver plus Daniela Cambone's Top 10 Lessons to safeguard your wealth (FREE)
Jimmy Morrison co-wrote and directed the award-winning documentary The Housing Bubble with NY Times bestselling author Tom Woods. The film still holds the attendance record at the Anthem Film Festival after over 300 people spilled into the hallway at the premiere. Jimmy drove over 35,000 miles shooting interviews with people that predicted the crash like Ron Paul, Jim Rogers, Marc Faber, Peter Schiff, Doug Casey, Jim Grant, and David Stockman.All told, Morrison has three documentaries on our spiralling debt crisis which keeps getting monumentally bigger: The Housing Bubble (2019); The Fall of 2008 (2025) and The Bigger Bubble (2026). "Some call it the Everything Bubble. Each [financial] buble keeps getting bigger," Morrison tells DIG LIFE DEEP! host JOHN AIDAN BYRNE, in this interview. We trace the surge in global financial and US debt encompassing mind-bending US student debt, credit card debt, unfunded liabilities and more. Global debt is thought to be hovering around $300 trillion or even much more. How did it come to this? We explore this horrendous debt accumulation and the rise of central banking with filmmaker MORRISON. Morrison's work on Dennis Quaid's Grid Down won a Storyteller Award at DOC LA. Although he was responsible for the motion graphics, his primary role was as a script doctor. Jimmy produced and ran a camera for the mockumentary Rocksteppy, starring Jake Dilley and McManus Woodend, best known for his recurring role as the GEICO caveman. The film features Jeff Dowd: the Coen Brothers original inspiration for “The Dude,” as well as cameos from Oscar-winning directors David Lynch and Peter Farrelly. David Lynch had picked Jimmy and Jake's music video Aperture for a grant. It also screened at the Minneapolis St. Paul Film Festival. His next film will tell the story of Luka Garza's journey to the NBA.Jimmy worked closely with Gary Johnson from 2010-2011 on his Republican Presidential campaign.Website: letusdisagree.com
Need a Plan B? Come to our Conference: https://www.crisisinvesting.com/p/the-plan-b-uruguay-conference-with-72c Tucker & German Bild Interview: https://youtu.be/4ZJTFnRKxMM?si=QQCS81qYFkEZmixh In this episode, Doug and Matt dive deep into recent explosive accusations made by Trump about Obama being a traitor, allegedly backed by new information released by Tulsi Gabbard. The duo examines the broader implications of these claims and the potential for a major scandal and legal action. They also explore the state of current affairs including increased military expenditure, the potential for a civil war in the US, and controversial political decisions involving ICE and economic resets. Further topics covered include geopolitical tensions, financial forecasts, and the unsettling rise in governmental corruption and grifting. 00:00 Obama Accusations and Political Scandals 01:55 Speculations on Political Figures and Conspiracies 08:38 Economic Concerns and Market Predictions 09:34 Global Trade and Monetary Reset 10:25 Expiring Currencies and Economic Policies 17:30 Military Spending and Global Tensions 19:04 German Politics and Media Critique 20:52 Germany's Political Turmoil 22:01 Tucker Carlson's Fiery Interview 22:58 ICE Budget Controversy 25:01 US Immigration and Migrant Benefits 36:08 Speculations on Israel's Future 38:11 Economic and Financial Insights 39:55 Corruption and Grifting in Politics 41:16 Conclusion and Viewer Interaction
Doug Casey is the founder of the Crisis Investing Newsletter, co-host of the YouTube show Doug Casey's Take and best-selling author of Crisis Investing. He discusses the upcoming release of the book The Preparation, the difficulty a young person faces, hassles of travel, if Obama will face charges, fraud of health insurance, The Donald and much more. PLEASE SUBSCRIBE LIKE AND SHARE THIS PODCAST!!! Watch Show Rumble- https://rumble.com/v6wjlja-the-impact-of-technology-and-the-challenge-of-social-revival-doug-casey.html YouTube- https://youtu.be/61AE2-1IOdQ Follow Me X- https://x.com/CoffeeandaMike IG- https://www.instagram.com/coffeeandamike/ Facebook- https://www.facebook.com/CoffeeandaMike/ YouTube- https://www.youtube.com/@Coffeeandamike Rumble- https://rumble.com/search/all?q=coffee%20and%20a%20mike Substack- https://coffeeandamike.substack.com/ Apple Podcasts- https://podcasts.apple.com/us/podcast/coffee-and-a-mike/id1436799008 Gab- https://gab.com/CoffeeandaMike Locals- https://coffeeandamike.locals.com/ Website- www.coffeeandamike.com Email- info@coffeeandamike.com Support My Work Venmo- https://www.venmo.com/u/coffeeandamike Paypal- https://www.paypal.com/biz/profile/Coffeeandamike Substack- https://coffeeandamike.substack.com/ Patreon- http://patreon.com/coffeeandamike Locals- https://coffeeandamike.locals.com/ Cash App- https://cash.app/$coffeeandamike Buy Me a Coffee- https://buymeacoffee.com/coffeeandamike Bitcoin- coffeeandamike@strike.me Mail Check or Money Order- Coffee and a Mike LLC P.O. Box 25383 Scottsdale, AZ 85255-9998 Follow Doug Website- https://internationalman.com/ Website- https://www.crisisinvesting.com/ YouTube- https://www.youtube.com/@DougCaseysTake Sponsors Vaulted/Precious Metals- https://vaulted.blbvux.net/coffeeandamike McAlvany Precious Metals- https://mcalvany.com/coffeeandamike/ Independence Ark Natural Farming- https://www.independenceark.com/
Matt Smith lives on a ranch in Uruguay, produces a series of videos with Doug Casey, and co-hosts the YouTube show Doug Casey's Take. We talk the Trump administration's response to Epstein, DOD investing in MP Materials, Mercantilism, devaluation of the dollar, update on his new book The Preparation, war with Iran, Russia, AI, China, surveillance state and much more. PLEASE SUBSCRIBE LIKE AND SHARE THIS PODCAST!!! Watch Show Rumble- https://rumble.com/v6w9y14-trumps-response-to-epstein-question-these-are-not-the-droids-youre-looking-.html YouTube- https://youtu.be/5QtaruzbAfI Follow Me X- https://x.com/CoffeeandaMike IG- https://www.instagram.com/coffeeandamike/ Facebook- https://www.facebook.com/CoffeeandaMike/ YouTube- https://www.youtube.com/@Coffeeandamike Rumble- https://rumble.com/search/all?q=coffee%20and%20a%20mike Substack- https://coffeeandamike.substack.com/ Apple Podcasts- https://podcasts.apple.com/us/podcast/coffee-and-a-mike/id1436799008 Gab- https://gab.com/CoffeeandaMike Locals- https://coffeeandamike.locals.com/ Website- www.coffeeandamike.com Email- info@coffeeandamike.com Support My Work Venmo- https://www.venmo.com/u/coffeeandamike Paypal- https://www.paypal.com/biz/profile/Coffeeandamike Substack- https://coffeeandamike.substack.com/ Patreon- http://patreon.com/coffeeandamike Locals- https://coffeeandamike.locals.com/ Cash App- https://cash.app/$coffeeandamike Buy Me a Coffee- https://buymeacoffee.com/coffeeandamike Bitcoin- coffeeandamike@strike.me Mail Check or Money Order- Coffee and a Mike LLC P.O. Box 25383 Scottsdale, AZ 85255-9998 Follow Matt X - https://x.com/mattpheus YouTube- https://youtube.com/@dougcaseystake?si=iq8u5dXWYoDG2wjT Website- https://www.crisisinvesting.com/ Substack- https://substack.com/@mattpheus Sponsors Vaulted/Precious Metals- https://vaulted.blbvux.net/coffeeandamike McAlvany Precious Metals- https://mcalvany.com/coffeeandamike/ Independence Ark Natural Farming- https://www.independenceark.com/
Unveiling the Epstein Case: Corruption, Fear, and Global Politics In this episode, Doug and the host delve into various pressing topics including the shocking developments in the Epstein case, the implications of governmental corruption, and the fear-driven actions of key figures like Bonino and Patel. They explore potential consequences of these actions on the political and social landscape, drawing parallels to historic scandals like the Dreyfus Affair. The discussion extends to global political maneuvers, such as US support for Israeli defense infrastructure and the conflict in Ukraine. Additionally, the conversation touches on rising global anti-American sentiment, economic prospects, and the potential for civil unrest in the US. The episode concludes with insights on securing a Plan B for troubled times, highlighting the importance of having a contingency plan for personal and financial security. 00:00 Introduction and Epstein Case Overview 02:01 Fear and Corruption in the Epstein Case 06:45 US Army Corps of Engineers and Israeli Defense 09:47 US Foreign Policy and Military Actions 14:14 Anti-Gringo Sentiment in Mexico 21:07 Citizenship by Investment Programs 24:24 Exploring Brazil: A Personal Update 25:47 Economic Insights: Money Supply and Inflation 27:04 The National Debt Dilemma 27:51 The Case for Defaulting on National Debt 38:45 Trump's Unpredictable Policies 43:30 Plan B Conference and Final Thoughts
The International Man Doug Casey chimes in on the state of the world and why you may need a second passport. Monetary debasement looks to grow, inflation looks to grow, and that means the need to be physically and financially agile is important to understand perhaps more than ever. Any and all views, opinions, expressed here are not reflective or endorsed by Silver Bullion Pte Ltd.
Doug Casey: 'I Think We're Going To See $100 or $200 Silver In The Next Few Years' Now with the silver price over $36, we're starting to see more attention on the market. CNBC even went out of their way to churn out two full paragraphs in their article about how silver just broke $36 for the first time in 13 years. But just wait until you hear what well-known gold and silver investor Doug Casey had to say about the silver price in the years ahead. And to find out more, click to watch the video now! - Get access to Arcadia's Daily Gold and Silver updates here: https://goldandsilverdaily.substack.com/ - To get your very own 'Silver Chopper Ben' statue go to: https://arcadiaeconomics.com/chopper-ben-landing-page/ - Join our free email list to be notified when a new video comes out: click here: https://arcadiaeconomics.com/email-signup/ - Follow Arcadia Economics on twitter at: https://x.com/ArcadiaEconomic - To get your copy of 'The Big Silver Short' (paperback or audio) go to: https://arcadiaeconomics.com/thebigsilvershort/ - Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 - #silver #silverprice #gold And remember to get outside and have some fun every once in a while!:) (URL0VD) This video was sponsored by Fortuna Mining, and Arcadia Economics does receive compensation. For our full disclaimer go to: https://arcadiaeconomics.com/disclaimer-fortuna-silver-mines/Subscribe to Arcadia Economics on Soundwise
Doug Casey addresses questions from subscribers of Crisis Investing, discussing a variety of topics including a controversial new DHS reality TV show concept where migrants compete for citizenship. The conversation also covers Trump's ventures in reality TV, potential legal and ethical issues around his financial maneuvers, and broader discussions on corruption in government. Additionally, Doug shares his thoughts on the future of currency, including the potential shift towards a gold-backed system and the implications of global fiat currencies. The episode also delves into the significance of silver as an investment, recommendations for libertarian TV shows, and broader geopolitical considerations. 00:00 Introduction and Welcome 00:14 Reality TV Show for Migrants 02:10 Government and Entertainment Merger 05:09 Trump's Financial Ventures 07:47 Corruption in Government 16:03 Privatization and Sovereign Wealth Fund 20:06 Questions from the Community 20:20 Analyzing Silver Investments 23:18 Discussing Popular TV Shows 27:09 Legalizing Bribery for American Companies 30:52 China's Economic Strategies and Global Impact 36:49 Future of Global Currencies 38:48 Podcast Recommendations and Closing Remarks
Find us at www.crisisinvesting.com In this episode, Doug Casey answers questions from members of the Crisis Investing community. The discussion covers a wide range of topics including the global outlook for 2028 amid political turmoil, the future of the US dollar, economic predictions, and strategies for preserving wealth through investing in gold and real estate. Doug also shares insights on international relations, the impact of trade policies, and the personal stories behind his novels. Tune in to hear Doug's candid thoughts on navigating the complex global landscape and positioning oneself for the uncertain future. 00:00 Introduction and Community Questions 00:17 Global Political Landscape in 2028 01:03 Economic Predictions and Market Trends 03:28 US Dollar and Global Trade 04:36 China-US Decoupling 08:22 Investment Strategies and Gold 13:02 Foreign Influence in US and Canada 19:30 Retirement and Financial Planning 25:42 World Bank and Commodity Prices 30:22 Resentment Towards the Wealthy 31:54 Luxury Goods Scandal 33:21 Class Warfare and Resentment 35:11 Writing Novels with John Hunt 39:18 Schizophrenia and Negative Voices 41:21 Government as the Real Enemy 43:30 Founding Fathers and Modern Technology 46:01 Future of America and Natural Law 47:27 Investing in Buenos Aires Real Estate 49:06 Challenges of Starting a Bank 52:20 Weaponizing Maternal Instincts 54:36 Trust Issues with Gold Storage 57:40 Conclusion and Upcoming Projects
In this episode, Doug Casey takes us on a whirlwind tour of global hotspots—from the icy Greenland to the isthmus of Panama, and even the festering powder keg between India and Pakistan. Doug doesn't mince words. On Greenland: “The U.S. is going to acquire Greenland one way or another… It's a gigantic piece of land with 50,000 people.” He dissects the absurdity of U.S. foreign aid, using Israel and Egypt as examples: “Would every American family take $20 out of their wallet and send it to Israel each year? If you put it that way, the answer would be no.” Doug also exposes the imperial logic behind Trump's geopolitical moves—comparing his mindset to that of a CEO acquiring subsidiaries. But he's not cheering it on: “What the U.S. is suffering from is imperial overexpansion. Trump talks the talk, but DOGE will be a total and complete failure when it comes to cutting government spending.” We also dive into: How the U.S. might retake the Panama Canal Zone—“because we built it, fair and square.” Puerto Rico's staggering $21.6 billion annual cost to U.S. taxpayers—“a socialist welfare state where nothing works.” The brewing India-Pakistan crisis—“These people could go nuclear… they're not the brightest crayons in the box.” And the myth of America winning WWII: “The Russians won it. Not us. Trump saying otherwise is just factually incorrect—and insulting.” Finally, Doug gives his stark forecast for the economy: “Interest rates are going much higher. The dollar's going much lower. It's not bottomless. It's just stupid.” This episode is another unfiltered look at the shifting geopolitical and economic fault lines shaping our world.
Trump's new administration has a plan to reimagine America's monetary policy through a pivot to gold and the devaluing of the Dollar. The tariffs are an indicator that what was done in 1971 when America depegged from gold might be a signal that a massive change is impending once again, this time in reverse. Matt Smith and Doug Casey look for opportunities that present themselves during times of instability and crisis, and there has never been more uncertainty with the direction of the country than there is now. Mining stocks have tremendous upside in Trump's new system, as gold currently smashes through all-time highs. Could silver have a breakout, and what is the role of Bitcoin in this new system? Matt Smith has thoughts on how to position yourself to deal with the changes that are coming. The Octopus of Global Control Audiobook: https://amzn.to/3xu0rMm Hypocrazy Audiobook: https://amzn.to/4aogwms Website: www.Macroaggressions.io Activist Post: www.activistpost.com Sponsors: Chemical Free Body: https://www.chemicalfreebody.com Promo Code: MACRO C60 Purple Power: https://c60purplepower.com/ Promo Code: MACRO Wise Wolf Gold & Silver: www.Macroaggressions.gold LegalShield: www.DontGetPushedAround.com EMP Shield: www.EMPShield.com Promo Code: MACRO ECI Development: https://info.ecidevelopment.com/-get-to-know-us/macro-aggressions Christian Yordanov's Health Transformation Program: www.LiveLongerFormula.com Privacy Academy: https://privacyacademy.com/step/privacy-action-plan-checkout-2/?ref=5620 Brain Supreme: www.BrainSupreme.co Promo Code: MACRO Above Phone: abovephone.com/macro Promo Code: MACRO Van Man: https://vanman.shop/?ref=MACRO Promo Code: MACRO My Patriot Supply: www.PrepareWithMacroaggressions.com Activist Post: www.ActivistPost.com Natural Blaze: www.NaturalBlaze.com Link Tree: https://linktr.ee/macroaggressionspodcast Matt Smith: Doug Casey's Take: https://www.youtube.com/@DougCaseysTake Crisis Investing Substack: www.CrisisInvesting.com
Find us at www.crisisinvesting.com In this episode, Doug Casey addresses questions from paid subscribers of Crisis Investing and Phyle, a private membership group. The discussion spans a variety of topics including the potential fragmentation of the United States in light of economic pressures, the relevance of civil defense in modern times, and the dynamics of gold and silver markets. Doug also shares his opinions on geopolitical issues such as the China-Taiwan relationship and the impact on global markets. The episode delves into investment strategies, including the pros and cons of maintaining fiat currencies versus precious metals, and touches on the potential impact of AI on financial markets. Finally, listeners get insights into Doug's perspective on government overreach, climate policies, and his hypothetical choice of living in a fictional universe. 00:00 Introduction and Welcome 00:11 The Future of the US Amid Hyperinflation 02:48 Civil Defense and Modern Threats 05:05 Gold-Silver Ratio and Market Dynamics 11:38 Retirement and Career Prospects 13:33 Potential Conflicts and Market Impacts 15:28 Fiat Currencies vs. Precious Metals 18:58 Government Actions and Economic Speculations 23:26 Gold Investment Strategies 25:25 Ignoring the Brazilian Stock Market 27:31 US Dollar Denominated Instruments and Currency Risks 28:55 Trump's Unpredictable Policies 30:21 China, Tariffs, and the BRICS 33:56 Gold, Silver, and the Casey Free Ride 36:55 Living in a Book: Ideal Characters 39:39 Thoughts on Martin Armstrong and Hong Kong's Success 42:24 Crypto vs. Gold as Alternative Currencies 45:35 Global Emissions Taxes and Climate Communism 50:39 Final Thoughts and Upcoming Guest
Matt Smith lives on a ranch in Uruguay, produces a series of videos with Doug Casey, and co-hosts the YouTube show Doug Casey's Take. He talks the tariffs that were implemented April 2nd, devaluation of the dollar, gold, crypto, why it is more clear what Trump administration is doing, Howard Lutnick, Federal Reserve, war with Iran, AI, China and much more. PLEASE SUBSCRIBE LIKE AND SHARE THIS PODCAST!!! WatchShow Rumble- https://rumble.com/v6rnwg3-were-in-it-the-trade-war-is-on-devaluing-the-dollar-matt-smith.html YouTube- https://youtu.be/q7tuMaCtaQQ Follow Me X- https://x.com/CoffeeandaMike IG- https://www.instagram.com/coffeeandamike/ Facebook- https://www.facebook.com/CoffeeandaMike/ YouTube- https://www.youtube.com/@Coffeeandamike Rumble- https://rumble.com/search/all?q=coffee%20and%20a%20mike Substack- https://coffeeandamike.substack.com/ Apple Podcasts- https://podcasts.apple.com/us/podcast/coffee-and-a-mike/id1436799008 Gab- https://gab.com/CoffeeandaMike Locals- https://coffeeandamike.locals.com/ Website- www.coffeeandamike.com Email- info@coffeeandamike.com Support My Work Venmo- https://www.venmo.com/u/coffeeandamike Paypal- https://www.paypal.com/biz/profile/Coffeeandamike Substack- https://coffeeandamike.substack.com/ Patreon- http://patreon.com/coffeeandamike Locals- https://coffeeandamike.locals.com/ Cash App- https://cash.app/$coffeeandamike Buy Me a Coffee- https://buymeacoffee.com/coffeeandamike Bitcoin- coffeeandamike@strike.me Mail Check or Money Order- Coffee and a Mike LLC P.O. Box 25383 Scottsdale, AZ 85255-9998 Follow Matt X - https://x.com/mattpheus YouTube- https://youtube.com/@dougcaseystake?si=iq8u5dXWYoDG2wjT Website- https://www.crisisinvesting.com/ Substack- https://substack.com/@mattpheus Sponsors Vaulted/Precious Metals- https://vaulted.blbvux.net/coffeeandamike McAlvany Precious Metals- https://mcalvany.com/coffeeandamike/ Independence Ark Natural Farming- https://www.independenceark.com/