Society is Becoming Unstable: From Meme Coin Hysteria to Mining’s Next Bull Run | Doug Casey
In this interview, Doug Casey provides wide-ranging insights on current events and investment opportunities, drawing from his extensive experience in markets and global affairs.
Casey begins by analyzing recent incidents like the UnitedHealthcare CEO shooting and Hawk Tuah meme coin controversy, using these events to illustrate broader themes of societal instability and speculative excess in markets. His discussion of Trump’s election victory and the proposed Department of Government Efficiency reflects skepticism about institutional solutions to systemic problems.
Turning to mining investments, Casey maintains a bullish long-term outlook despite acknowledging current challenges in the sector. He particularly emphasizes copper’s potential, driven by growing electrification demands. While characterizing mining as a “crappy business,” Casey suggests that historical cycles indicate another major bull market is overdue, noting that junior mining stocks are currently cheaper relative to other stocks than ever before.
Speaking from his farm in Uruguay, Casey offers practical investment advice for the current market environment, recommending investors focus on brownfields projects and small producers rather than greenfields exploration.
Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.