Right on the Money

Investment guru Doug Casey made headlines with the financial approach he advocated in Totally Incorrect. Casey believes that the best returns come from going against the grain, and taking a closer look at what everyone else is leaving behind. This rational approach to speculation struck a chord with the investing public, inspiring the follow-up book Right on the Money: Doug Casey on Economics, Investing, and the Ways of the Real World with Louis James.

In Right on the Money, Casey expands upon the basic ideas presented in Totally Incorrect, and translates them into actionable steps to take today to ensure a secure financial future. In a series of forty interviews, Casey presents his views on various topics, including investments, assets, real estate, and ethics. With his usual candor, he advocates for immediate action and lays down the path from idea to investment. Regardless of your position on each topic, you'll be forced to consider a perspective you've never before considered on topics such as:

• Protecting your assets with educated speculation
• The pros and cons of gold, cattle, and real estate
• Ethics of investing and the morality of money
• The impact of the EU, Africa, Egypt, and North Korea

No matter what topic he focuses on, Casey's primary message is always clear: act now. Stop paralysis by analysis and take the leap. You only get one financial future, and it's up to you to make it as secure and comfortable as possible. In Right on the Money: Doug Casey on Economics, Investing, and the Ways of the Real World with Louis James, Casey presents the case for investing against the grain, and reaping the rewards others have passed over.

Acknowledgments xi

Part One: An Economy in Trouble

Chapter 1 Doug Casey on Bernanke: Be Afraid, Be Very Afraid (Part One) 3

Chapter 2 Doug Casey on Bernanke: Be Afraid, Be Very Afraid (Part Two) 13

Chapter 3 Doug Casey on the Collapse of the Euro and the EU 21

Chapter 4 Doug Casey on Labor Unions 29

Chapter 5 Doug Casey on the Tightening Noose 37

Part Two: The Art of Investing

Chapter 6 Doug Casey on the Education of a Speculator (Part One) 51

Chapter 7 Doug Casey on the Education of a Speculator (Part Two) 57

Chapter 8 Doug Casey on Winning Speculations 67

Chapter 9 Doug Casey on the Biggest Danger to Your Wealth 77

Chapter 10 Doug Casey on Protecting Your Assets 81

Chapter 11 Doug Casey on Gold 89

Chapter 12 Doug Casey on Nuts and Bolts: Handling Bullion 97

Chapter 13 Doug Casey on Buying Physical Gold and Silver 103

Chapter 14 Doug Casey on Gold Stocks 111

Chapter 15 Doug Casey on Protecting Your Cash 121

Chapter 16 Doug Casey on Cattle 129

Chapter 17 Doug Casey on Real Estate 139

Chapter 18 Doug Casey on Africa 151

Part Three: A Moral Minority

Chapter 19 Doug Casey on Ethics (Part One) 165

Chapter 20 Doug Casey on Ethics (Part Two) 171

Chapter 21 Doug Casey on Ethics: The Ethical Investor (Part Three) 181

Chapter 22 Doug Casey on the Morality of Money 191

Chapter 23 Doug Casey: Bah! Humbug! 199

Chapter 24 Doug Casey on Art (Part One) 207

Chapter 25 Doug Casey on Art (Part Two) 217

Chapter 26 Doug Casey on Second Passports 225

Chapter 27 Doug Casey on Fresh Starts 233

Chapter 28 Doug Casey on Getting Out of Dodge 245

Part Four: You and Me and the Other 8 Billion

Chapter 29 Doug Casey on the Royal Wedding 257

Chapter 30 Doug Casey on Gay Marriage 265

Chapter 31 Doug Casey on Self-Immolation—Individual and National 271

Chapter 32 Doug Casey on Cashless Societies 279

Part Five: Wrestling for Countries

Chapter 33 Doug Casey on the U.S. Constitution 291

Chapter 34 Doug Casey on Immigration 301

Chapter 35 Doug Casey: War Is Coming 311

Chapter 36 Doug Casey on Revolution in Egypt and Beyond 319

Chapter 37 Doug Casey: Something Wicked This Way Comes 329

Chapter 38 Doug Casey on North Korea’s New Kim 339

Chapter 39 Doug Casey on Obama’s War and Your Survival 349

Chapter 40 Doug Casey on the Fourth of July 359

Afterword 373

About the Authors 375

Index 377

DOUG CASEY is an accomplished author, publisher, and professional investor. His book Crisis Investing spent multiple weeks as #1 on the New York Times bestseller list and became the bestselling financial book of 1980. He has been a featured guest on hundreds of radio and TV shows and has been the topic of numerous features in publications such as Time, Forbes, People, and the Washington Post. Doug is widely respected as a preeminent authority on "rational speculation," especially in the high-potential natural resource sector.

Praise for RIGHT ON THE MONEY

"If I've learned one thing from Doug: real returns are made by ignoring the passing herd and looking at what they trampled over instead. His gut-punching assaults on the 'common sense' notions that fail most investors are a rare chance to learn firsthand from one of the contrarian masters."
—PORTER STANSBERRY founder, Stansberry & Associates Investment Research

"You should read this to have your brains rattled, whether you agree or not—at first—at least, you will have to consider views you never even heard."
—JIM ROGERS author of Street Smarts: Adventures on the Road and in the Markets

"Doug Casey is a brilliant speculator with a great understanding of historical cycles and the keen senses of a coonhound. If you want to learn how to make money, you have to think like someone who instinctively knows how to make money—and Doug is a prime example of that rarest of species.

"Right on the Money's perfect concoction of personal experience, sound investment advice, and irreverent viewpoints is the next best thing to sitting face to face with Doug."
—BILL BONNER founder, Agora Inc.

"I would call the extraordinary Doug Casey a 'national treasure,' if he believed in anything national. So let me just say: if you care about your own economic future, read this book."
—LEW ROCKWELL LewRockwell.com