I have said for years that people misunderstand the global monetary system. It is not driven by trade balances. It is driven by capital flows and access to dollar liquidity. The discussion of a currency swap between the United States and the United Arab Emirates shows how the system actually […]
Nobody is saying it out loud. Not on the news, not in official reports, not in the polished statements released by governments or corporations. But you can feel it—like a low-frequency hum beneath everything. Something is off. The systems we trusted—the ones that quietly ran in the background of our […]
International Man: Tax Day just passed on April 15th. What does it say about a society when productive people must spend part of every spring calculating how much tribute they owe the State? Doug Casey: It’s said that nothing is certain except death and taxes. But let’s reserve a conversation about the […]
The economy has been the number one issue for U.S. voters for several years in a row, and it isn’t because things are good. Consumer confidence is at an all-time low, inflation is starting to accelerate once again, mass layoffs are being conducted all over the nation, and delinquencies and […]
The Banco Central do Brasil has raised gold’s share of reserves from 3.55% to 7.19% in just one year, effectively doubling its exposure and making gold the second-largest reserve asset after the US dollar, while total reserves stand at approximately $358.23 billion and the dollar’s share has declined to about 72%, […]
You Can Only Paper Over Physical Scarcity For So Long… I’m watching the numbers flicker on the screen — Brent crude at $92, WTI hovering near $97 — and I feel a profound sense of dread. This isn’t a market; it’s a meticulously crafted fiction. We are being lied to […]
The International Monetary Fund (IMF) has warned that a global recession is coming, thanks to the war with Iran. Any further escalation would trigger a global recession that would harm the United Kingdom far more than any other G7 country. In its half-yearly update, the IMF said the UK would […]
Kind of scary, isn’t it? But wait, there is more, as they say in cheap commercials selling steak knives. Have you ever heard of super phosphate? Oh, the mere mention of it reminds me of the good old days on the farm in New Zealand all those years ago. Spreading […]
International Man: Iran is already turning the Strait of Hormuz into a geopolitical toll booth—restricting traffic, charging transit fees, and shutting out the US and its allies. If this continues, what happens to oil, trade, and the global economy, and is there anything the US military can do about it? Doug […]
There is something increasingly difficult to ignore about the global economic climate of 2026, and it isn’t something that appears in headlines or official summaries. On paper, the system still functions. Growth has not disappeared, markets have not fully collapsed, and institutions continue to operate with a sense of normalcy. […]