Lessons from Economic Crises in Argentina
David GallandIn an informative interview, David Galland discusses the current economic crisis in Argentina and its likely political fallout, as well as its effects on expats in the country.
ON AIR NOW
Click to Play
Over the course of his varied career, which includes a stint at the fabled Climax mine following college, David Galland has worked as a conference director for the world's largest investment conference (National Committee for Monetary Reform, 1979 to 1987), as a financial newsletter publisher or editor (Gold Newsletter, the Aden Analysis, Wealth Magazine, Outstanding Investments, among others), as a founding partner and director of a successful mutual fund group (Blanchard Group of Mutual Funds), and as a founding partner and executive vice-president for EverBank, one of the biggest recent successes in online financial services. David is currently a partner with Doug Casey and Olivier Garret in Casey Research, LLC., an international firm providing research and investment recommendations to individuals in over 150 countries. Casey Research currently publishes 11 publications on a variety of investment sectors and two web sites, CaseyResearch.com and, in a joint venture with the world's largest gold-oriented website, KitcoCasey.com. In addition to his management responsibilities, David serves as the managing editor for The Casey Report, a monthly publication dedicated to identifying big trend moves and how to profit from them; he also writes a daily communique, Casey's Daily Dispatch.
In an informative interview, David Galland discusses the current economic crisis in Argentina and its likely political fallout, as well as its effects on expats in the country.
Several months outside of the United States helps reveal the many ways it can imprison a person.
Best-selling author Doug Casey discusses why expatriating from the West will become much more difficult in the coming years – and why it's more necessary than ever to do it.
Is some information that investors receive hurting their portfolios?
The global demand for minerals is only going to continue to grow, and the role of precious metals is especially important given the complete lack of monetary and fiscal restraint on the part of the U.S. and other large governments.
What does it signify when a federal government that has long scorned "banana republics" has become arguably the largest banana republic around?
The United States has slowly plodded toward the totalitarian end of the sociopolitical continuum for over a century now, and sadly this shows no sign of changing soon.
Why the right mental perspective is absolutely essential to successful investing.
For some time now – years actually – I have pondered the nature of liberty.
In some ways, gaining an understanding of the US economy – and its current trajectory – is as simple as recognizing a few fundamental facts.
In a world where roadblocks are set up all over the place and without any real thought to the consequences, imagine how difficult it could be to get from Point A to Point B. Doesn't that feel like the reality of regulations in the US now?
Glancing at the news most days, it's hard not to feel like Bill Murray's character in Groundhog Day. In the event you are unfamiliar with the movie, in it Murray's character becomes trapped in the same day… day after day.
For pretty much everyone, no matter where they are located in the economic strata, few if any questions are more germane to making plans for the future than whether the US and other major global economies are in recovery.
If history has taught one certain lesson, it is that the less fettered an economy, the better humankind is able to do what it does best: run from trouble and run toward opportunity.
It seems that the mainstream investment community only takes a break from ignoring gold to berate it: one of gold’s most outspoken critics, uber-investor Warren Buffett, did so recently in his latest shareholder letter.
President Obama promised to turn around the floundering economy that he inherited from his predecessor.
US politicians make a great show of concerning themselves with the level of unemployment.
While I haven't made a scientific study of the topic, I suspect the leading genre for popular entertainment – and for popular delusions of crowds, for that matter – revolves around magical worlds. As illustration, the Harry Potter series will serve.
Of all the social memes related to the economic and investment landscape, none is more dominant than that there is a small cadre of powerful Wall Street money men who, working behind the scenes, effectively control investment markets, the global econ
Gary Johnson is running for the Republican nomination for president. If you didn’t know that, you’re not alone.
Tune into CNBC or click onto any of the dozens of mainstream financial news sites, and you’ll find an endless array of opinions on the latest wiggle in equity, bond and commodities markets.
The human ape has any number of qualities not often found in other species of mammalia, including opposable thumbs and the ability to fashion and use tools.
Our video host Stefan Molyneux speaks with Casey Research Managing Director David Galland about the debt situation in the US and whether the federal government can do anything about it… assuming they’d even want to.
I am beginning to feel a bit like one of the French unfortunates stumbling through the fog in the Ardennes, circa 1914. Except that, instead of Germans full of deadly intent coming at me in the gloomy forest, it is a flock of black swans.
At any point during the recent negotiations in Washington over the debt, did you seriously think for even a second that the U.S. was about to default?
The phrase “Greater Depression” was coined by Doug Casey a decade or so back as a way of describing the economic crisis he foresaw as inevitable, and which is now materializing.
Terry Coxon worked side by side with best-selling author Harry Browne for years and is a rare expert in the arcane study of monetary systems.
I just had a conversation with constitutional lawyer and monetary expert Dr. Edwin Vieira. I first became acquainted with Dr. Vieira, who holds four degrees from Harvard and has extensive experience arguing cases before the Supreme Court, at our rece
Recently, I read a book titled The Good Soldiers that also serves as an object lesson in the disconnect between what’s going on in Washington D.C. and reality.
As a young man in a foreign land, my curiosity was piqued by the crowd standing five or six deep in a circle.
While there are many reasons that gold and silver are going to keep moving higher as the fiat currencies trend lower, at our recent Casey Research Summit in Boca Raton, faculty member Mike Maloney pointed out a fact that, while obvious in hindsight,
With everything going on in the world today, we thought it a good time to catch up with the views of longtime friend Richard Maybury, a low-key but highly respected author, lecturer and analyst.
Today I’d like to share a couple of thoughts on the matter of the correction in commodities about which we have been so vocally warning, and which has now occurred.
In the last few weeks, I’ve become particularly “attentive” to the intentions of Fed policy makers following the scheduled June end date for QE2.
David Galland, Casey Research partner and managing editor of The Casey Report, sees a major shift in Federal Reserve policy ahead and has advice on how to invest accordingly.
Dr.Andrew Bogan is a managing member of Bogan Associates, LLC in Boston, Massachusetts.
In describing the current situation in these United States, and in many of the world’s other superpowers, we here at Casey Research have often used the word “intractable”… as in, “impossible to resolve.”
It has been years since I last watched The Matrix, a lapse I corrected last night. As the movie makers intended, the film serves as stark metaphor of the world as we know it.
While I have read certain works on the life and ponderings of Buddha, I claim no deep knowledge of his philosophy. Note I didn’t use the word “religion,” because Buddha himself claimed no supernatural powers and even begged his followers not to deify
These days, it’s hard to draw any conclusion other than that the train is gaining speed on wobbly tracks perched over a rickety bridge.
As the U.S. dollar takes a nosedive and precious metals gain more and more attention from individual investors, the number of questions and concerns is increasing as well. The following reader email addressed to Casey Research is representative of so
Has the latest pullback in precious metals and related stocks given you a sickening feeling in the pit of your stomach?
The Land of the Rising Sun has the dubious distinction of sporting the highest debt-to-GDP ratio of any industrialized nation in the world. Now greater than 200%, Japan’s relative debt load is bigger than that of Greece, Spain, Portugal or the US. Ja
Can you visualize a possible scenario that could put a sudden end to the secular rise now underway in gold and silver?
Regular Casey Report contributor James Quinn is the head of strategic planning for one of the world's most prestigious business schools and the host of TheBurningPlatform.com blog. In this article, he is presenting historical indicators that may tell
David Galland interviews real estate professional Andy Miller, Miller Frishman Group In 1990, following the real estate debacle of the 1980s, Andy Miller co-founded SevoMiller, Inc. The company provided workout services for major financial institu
Carlsbad is several hundred miles south of Sutter's Mill, but the experts and investors who gathered for Casey Research's recent Gold Summit were just as enthusiastic about the precious metal as the prospectors who headed into the hills back in 1849.
The first thing to know about junior resource exploration stocks is that they are volatile. You can make 50% in a day, and you can lose 50% in a day.
Last week the government released the latest unemployment data. Bloomberg, always ready to roll up the sleeves to help its friends in government (get reelected), was running a headline that “Companies in U.S. Added 67,000 Jobs in August.”
Just last week, it was reported that the turnout for the Democratic primary was the lowest in 80 years. While the Republicans are clearly energized by their concerns about the direction the Democrats are taking the country in, the Democrats themselve
In the emails that our readers at Casey Research send our way, questions and concerns about the possibility of gold confiscation rank high.
Recently, we have had a number of queries about real estate. And no wonder. For starters, real estate prices have come down.
The other day, I came across an article that said, while individuals may be moving their money out of equities, they have been moving into bond funds – and in a big way.
The latest data on global gold trends, Q2 2010, just popped into my email box from the World Gold Council.
A couple weeks ago, the family and I watched Dirty Jobs, an altogether entertaining show from the Discovery Channel. In the episode we watched the host, Mike Rowe, serve as a mechanic in the military. There were a couple of things that caught my eye.
Last week, the price of gold again broke below its new base at $1,200, and the U.S. stock market was again under strong pressure, due to a confluence of fears, most of which point to a deflationary double-dip.
What if, I wonder, the whole modern construct of what passes for making the right moves in an advanced society is plain wrong?
Back when I had more time, I would occasionally play Oblivion, a video game. A game so addictive, it’s been known to contribute to flunking out of colleges and the failure of marriages.
Oh, what a tangled web we live in. On one side of the Atlantic, there is a fundamentally broke European Union. On the other, the world’s largest debtor nation, these United States.
Commenting on the European crisis – because this has gone well past being one that can be termed “Greek” – the New York Times cited a senior U.S. official on the significant role the U.S., including Obama himself, played in getting Europe’s leadershi
There is a lot of “noise” being tossed out by the politicos and their preferred pundits about how the U.S. economy is on the mend. Thus it is important to try and separate fact from fiction about where things really stand.
David Galland, Managing Director of Casey Research, interviews… David Galland.
Willie Shakespeare may have summed it up best when, borrowing the voice of King Richard III, he penned “A horse! A horse! My kingdom for a horse!” History is replete with examples of how, but for the proverbial horse, kingdoms have been lost.
As the price of gold rises and the inevitable quacking begins again about the “barbaric” metal being overvalued, I thought a quick check-in with the historical perspective might prove useful.
These days it takes very little to set me off on yet another rant against the American political class – a proxy for governments the world over.
The first time I spoke with real estate entrepreneur Andy Miller was in late 2007, when I asked him to serve on the faculty of a Casey Research Summit. As John Mauldin, a former faculty member himself, knows, we’re very selective with our speakers. A
While I very much share Mr. Evans-Pritchard’s view that the global economy is far from out of the woods, our views diverge in that he sees devastating deflation speeding our way down the tunnel. Casey Research readers of any duration know that we see
After a relaxing Thanksgiving break, I anticipated to return to work in a lighter frame of mind. However, the following item from FOX News crushed that hope right away...
On a whim following our Denver Summit – and despite truly abysmal weather – Casey Research CEO Olivier Garret and I cabbed it down to a local public golf course for a quick nine holes. Afterwards we were returning to the hotel through a neighborhood
The Fourth Turning is an amazingly prescient book Neil Howe wrote with the late William Strauss in 1997. The work, which describes generational archetypes and the cyclical patterns created by these archetypes, has been an eye-opener to anyone able to
Some analysts now contend that China can no longer afford to let the gold or silver price slump. The rationale behind that contention is that with the Chinese government now telling the general populace to buy precious metals, it would be highly prob
Tim Geithner, the Goldman Sachs Secretary of the Treasury, has gone on record as saying that the government will withdraw its $3 trillion backstop guarantee from the money market fund industry, on schedule, this September 18.