‘America is dead’; why your passport could be seized by the government – Doug Casey
American values are dead, and the government sees citizens simply as subjects, said Doug Casey, who said that the decline of the country is already underway.
The safest thing for investors to do, if they could, is to diversify geographically, Casey said.
“Your main risk today is political, it’s political risk. Your financial risks, your economic risks are huge. Greater than them is your political risk. Even the people that have passports don’t understand that that’s the property of the U.S. government and it can be taken away from you for lots of reasons,” he said.
0:00 – Higher taxes
5:04 – Why do we have to pay taxes?
8:25 – America is dead
14:55 – Full employment by next year?
18:44 – Confiscating your passport
21:02 – Crisis in Lebanon, could it happen in U.S.?
23:47 – New book: "Terrorist"
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
