Doug Casey.

Doug Casey on How Artificial Intelligence Will Radically Transform the World

AI is going to be huge. No, strike that gross understatement—it’s already huge. It will change everything. There’s no question the abilities of technology are increasing exponentially, at the rate of Moore’s Law. In other words, computing power is still doubling roughly every 18 to 24 months while the cost halves. This is also true in the areas of biotech, nanotech, robotics, 3D printing, and genetic engineering. These technologies are going to fundamentally transform the very nature of life itself. AI will accelerate their progress by an order of magnitude.

Doug Casey on Wall Street’s New 3X Commodity Funds—and When Leverage Makes Sense

Leverage is great—when you guess right. But predicting price is hard enough for full-time pros who are involved in all the details 24/7. That’s true of all financial products, but commodities in particular. For the retail public, predicting the price of a commodity is usually a sucker’s bet.

Doug Casey on the Impact of War on Commodity Markets

The big question is whether or not WW3 will go nuclear. And if it does, will it be just some relatively small-yield tactical bombs used against military formations? Or will it get out of control, with strategic weapons used against cities? Either is possible.

Doug Casey on What Could Shock the Markets Before Election Day

We discussed oil and diesel last month (link). The fundamentals remain the same. The wars in the Ukraine and with Iran are not going to end anytime soon. There will be a lot more damage done to production and the ability to transport energy, but especially to refining facilities. Diesel, heating oil, jet fuel, kerosene, and gasoline are all going higher.

Speculation versus investment

A speculator is someone who capitalizes on distortions in the market.

Opportunity when others are afraid

Speculating in crisis markets is the ultimate way to be a contrarian, which means buying when nobody else wants to buy.

Looking for relative value

I still like commodities — commodities relative to everything else are cheap.

Preserving capital in difficult times

Just try to keep what you have in the years to come. Keeping what you have will make you relatively rich.