Doug Casey on Silver: Undervalued in a Monetary Crisis

“Silver has always been a monetary metal, and it likely always will be.”

We had the pleasure of reading a timely conversation Doug Casey had on Silver and broke out some interesting points he made. Doug echoes our own sentiment that while Gold is money, Silver is more. At bottom is the actual interview transcript for your enjoyment as well.

Contents (2100 words)

1. Silver as Real Money: Historical and Functional Soundness

2. Gold vs. Silver: Scarcity, History, and Market Role

3. Silver’s Industrial Power: The High-Tech Underdog

4. Crisis Hedge: Silver as the People’s Safe Haven

5. The Macro Setup: Deficits, Bubbles, and Bond Trouble

6. Speculative Opportunity: Penny Stocks and Silver Leverage

7. Bottom Line: Silver is a Systemic Hedge and Asymmetric Bet

8. Original Interview