We comment on out-of-control monetary and fiscal policies, the most challenging macro outlook in decades, and the fact that key asset classes remain overvalued. We also revisit our portfolio strategy, which is designed to navigate a constantly changing environment.
Peter C. Cavelti
Peter comments on the overall investment environment and provides a comprehensive analysis of gold: as an asset of last resort, as a currency, as a commodity and as a potent portfolio stabilizer.
Another well-reviewed interview with Matt Smith, hosted by Doug Casey. Duration: one hour. This episode focuses on the overall investment climate and what role gold can play.
Peter offers his perspective on the “Liberal World Order” touted by the Biden administration and various European governments. He also reviews the negative socio-political, financial and economic consequences of current policies.
In this issue we focus on sociopathic politicians, the central bank dilemma and the inevitability of social chaos, as well as Europe’s self-destructive agenda. We reiterate the need for continuous portfolio adjustments.
RECESSION, THEN STAGFLATION?
With inflation raging and markets taking a hard hit, central banks have run out of acceptable options. With a view on preserving capital, we re-examine the merits of cash and take a close look at various asset classes, from stocks and bonds to gold and cryptos.
Today’s Strategic Update covers a range of topics: government’s relentless attempts to regulate everything, Big Technology’s push toward surveillance and narrative control, the consequences of the Ukraine war, and how to invest in a climate of extreme uncertainty.
Enjoy the replay. Duration: 1:07:33. Host Matt Smith and Doug Casey interview Peter, exploring topics as diverse as the Ukraine crisis, manufactured media narratives, government overreach, central bank policy, information overload and the investment outlook.
Six weeks into the Ukraine war, we examine the West’s sanctions against Russia and identify a long list of unintended consequences, many of which will aggravate worldwide shortages and price pressures. We also explain why the sanctions will accelerate the transition from an Ameri-centric order to a multi-polar world.
Eleven days ago, Russia invaded Ukraine. While countless uncertainties remain, we draw some early conclusions. In addition to updating on the new geopolitical realities, we also focus on economic consequences and explain the implications for investors.
The disregard our politicians and the media have for us citizens is stunning. We look at the most recent examples of narrative manipulation and the growing use of government emergency powers, and draw our conclusions. In our segment on investment strategy, we stress the need to be prepared for a variety of outcomes and to be nimble with portfolio adjustments.
Not too long ago, when the Covid threat first emerged, economists the world over entertained us with various forecasts of how exactly the recession of 2020 would play out. Some were quite determined that it would be in a U-shape, while others suggested a W-shaped, L-shaped or K-shaped pattern. Some boldly predicted that the downturn would last a while; the opposite camp thought it would be short-lived.