“It’s going to be much worse than what happened in the 1930’s….
The dollar is going to be destroyed in the next decade.. and all these people [the middle class] are going to be destroyed with it. …So these radical measures that I’m advocating that sound outrageous to most people, are necessary and are the best thing that can be done.. because the depression is happening… it’s going to happen.  The best thing that you can do is to as quickly as possible – is to abolish the source of the Depression – which is Government intervention in the economy.”  If we did what I’m advocating [the depression] would be sharp, but it would be short.  And we’d set the basis for a new and sound boom.  But as it stands with the government doing not just the wrong thing but the complete opposite of the right thing, it’s going to drag on for many many years.”  …  Doug Casey

And some investing advice..

“One of the best one-way speculations right now –  you can make a fortune being short bonds at this point.”

Full must-watch interview, said to be Mr. Casey’s best interview in decades:

Doug Casey is an American-born free market economist, financial author, founder of Casey Research, a provider of subscription financial analysis about specific markets that he has focused his investing career around, including natural resources/metals/mining, energy, commodities, and technology.

Put me in a Dylan mood…