Doug Casey's Take

Join us at https://www.crisisinvesting.com The hosts revive a "day in history" segment highlighting William Tyndale's 1523 English Bible translation and argue that Sir Thomas More, though revered as a saint, used authorities to hunt down and execute Tyndale. They then discuss the speaker's recent luncheon talk in Argentina for Rand Paul during his visit, where he said Javier Milei's election is historically important but criticized Milei for not acting like an anarcho-capitalist, citing failures such as not abolishing the central bank, moving Argentina's gold abroad, buying used F-16s, seeking NATO/Ukraine/Israel ties, and keeping foreign exchange controls. They note a $96 homemade MANPADS prototype as evidence of democratized warfare, then assess the US-Iran conflict's changing warfare dynamics, vulnerability of carriers, and risks from Strait of Hormuz disruptions, UAE and Houthi escalation, and attacks on Russian facilities, warning of recession/depression amid rising rates, private credit stress, an AI/data-center bubble, and overvalued markets, while remaining bullish but cautious on gold, gold stocks, and select oil stocks. 00:00 This Day in History Returns 00:24 Tyndale and English Bible 02:48 Saint Thomas More Exposed 04:35 Speech for Rand Paul 05:31 Milei Not Walking Talk 06:45 Gold and Central Bank 08:11 F-16s and NATO Drift 10:52 DIY Manpad and Weapons 12:44 Iran War Lessons 14:21 Carriers and Tankers Vulnerable 15:06 Trump Hegseth and War Spin 19:54 Why War Won't End 20:43 War Versus Energy Shock 22:03 UAE Escalation Risks 23:24 Houthis and Red Sea Chokepoints 24:31 Ukraine Strikes and Blowback 25:48 Iranian Resolve and Retaliation 27:15 Israel and Nuclear Escalation 29:32 Oil Flow and Debt Spiral 31:28 Private Credit and AI Bubble 35:40 Markets in Denial 38:54 Gold and Oil Positioning 40:33 Democratized Warfare Ahead 41:28 Wrap Up and Next Episode

Former Sprott CEO Kevin Bambrough on Hydrograph: Fractal Graphene, Nanotech's Breakout Moment Podcast hosts interview Kevin Bambrough, author and former Sprott CEO, about why he became a major shareholder in Hydrograph and why he believes graphene—specifically Hydrograph's turbo-stratic, fractal graphene aggregates—solves key industry problems like clumping and poor dispersion that plagued earlier graphite-derived approaches. Bambrough recounts his investing background and explains graphene's sought-after properties (strength, conductivity, EMF shielding) and why Hydrograph's purity and SP2 bonding matter for real-world applications. The panel discusses potential use cases across polymers, coatings, tires, construction materials, batteries, semiconductors, and military needs, plus Hydrograph's patent moat and licensing potential. They cover manufacturing via acetylene/oxygen combustion in a chamber, economics such as a stated $250,000/ton price with far lower required loadings, modular "Hyperion" scaling, work with dozens of companies, and catalysts like EPA approvals, a possible Nasdaq listing, and a Texas gas-plant partnership, while noting execution and IP/theft as key risks. 00:00 Meet Kevin Bambrough 00:32 From Computers to Markets 01:57 Sprott Years and Track Record 03:19 Discovering Hydrograph 05:36 Graphene Hype vs Reality 07:46 Why Graphene Matters 11:21 Hydrograph Fractal Advantage 16:06 Sci Fi Use Cases 20:47 AI Accelerates Innovation 23:26 Moat Patents and Monopoly 26:42 Is the Stock a Bubble 30:59 Flow State Deep Research 35:38 Graphene Types and Construction 40:08 How the Graphene Is Made 41:48 Detonation Cycle Basics 42:34 Fractal Graphene Formation 43:58 Pricing And Battery Value 45:57 Polymer Bottles And Low Loading 49:13 Unit Economics And Scaling 51:59 First Customers And Auto Wins 56:24 Texas Gas Plant Expansion 59:16 Risks Patents And Execution 01:08:51 Catalysts Nasdaq And Deals 01:16:00 Final Takeaways And Wrap

an Supply Destruction, Energy Shortages, and Why Gold Miners Are Still Hated Doug and Matt discuss escalating conflict in Iran, including attacks on production/refining/shipping facilities and the potential closure of the Strait of Hormuz, arguing markets are underpricing the resulting supply destruction and global knock-on effects already seen in Asia (fuel shortages, reduced air travel, four-day work weeks). They criticize Trump's actions and messaging, speculate about political fallout, and note reported U.S. losses and broader regional disruption, including Dubai's tourism/finance and potential UAE banking stress. They react to Trump promoting watches and seeking a commemorative gold coin, then shift to investing: favoring commodity exposure (corn and possibly rice) due to fertilizer impacts, and urging gradual buying of cheap gold miners given extremely bearish sentiment and low P/E ratios. Subscriber Q&A covers Argentina relocation choices, Uruguay conference timing, "Great Reset" debate, drones, Falklands, media sources, short-term cash parking, war propaganda, carbon credits skepticism, mining catalysts (notably drill results in a bull market), and a coming interview with Hydrograph's largest shareholder pitching a potential 100-to-1 case. 00:00 Iran Strikes Escalate 03:42 Energy Shockwaves Worldwide 07:35 Dubai Fallout and Bank Risk 09:07 Trump Watch Ad Controversy 10:44 Coin Proposal and Removal Talk 12:25 War Losses and Ground Invasion Fears 14:36 Spending Blowout and Staff Resignations 19:02 Insulating With Commodities 20:15 Argentina Relocation Picks 21:54 Subscriber Q and Great Reset Debate 25:26 Drone Delivery Future 26:04 Falklands Refuge Reality 27:44 Rubicon Deep State Show 28:13 Assessing Escobar Sources 29:43 Buying Gold Miners Dip 31:46 Learning Markets Slowly 32:27 Red Pilling Youth Ethics 36:52 Parking Cash Safely 37:39 Iran War Propaganda Logic 40:54 Carbon Streaming Skepticism 42:19 Miners Sentiment Catalysts 45:40 Junior Miner 10x Triggers 47:41 Hydrograph Interview Tease 49:09 Weekend Sign Off

Find us at www.crisisinvesting.com Doug and Matt discuss a Palantir Maven Smart System demo that fuses multiple military data feeds into one targeting workflow, likening it to "Skynet" and warning that removing the final human approval is near. They cover Anthropic's stance on not enabling "evil" uses versus dependence on government contracts, and debate whether massive AI data center spending could become stranded as models advance quickly and projects like "Stargate" fall apart. Member questions address biometric border expansion and the end of travel privacy, lab-grown/transmuted gold and future supply from seawater, kelp, and asteroids, Cuba's likely collapse and negotiations with the U.S., AI data center local costs, offshore gold storage and impending FX controls, City of London conspiracy claims, portfolio implications of Iran-related oil disruptions, gold miners vs juniors, broker access to Canada, stop-loss risks, Uruguay/Argentina as safer regions, and tech/nanotech as hardest to analyze. 00:00 Palantir Skynet Demo 04:24 Anthropic vs Pentagon 06:25 AI Data Center Bubble 10:19 Buenos Aires Round Table 12:59 Tourism Overcrowding 16:00 Air Travel Breaking Down 19:33 Biometrics and Travel Privacy 23:30 Lab Grown Gold Explained 25:54 Cuba Next on the List 28:17 Local Costs of Data Centers 30:04 Data Center Bubble 30:38 Offshore Gold Storage 32:44 City of London Myths 36:18 Oil Stocks and War 38:21 Gold Miners Strategy 41:42 Accessing Canadian Stocks 43:10 Stop Loss Debate 46:05 Uruguay as Safe Haven 49:16 Israel Iran Motives 53:07 Hardest Stocks to Analyze 55:05 Wealth Transfer Prep 56:35 Wrap Up and Next Week

Oil Spikes, Strait of Hormuz Disruption, and War Psychology: Doug on the Iran Conflict and Market Risk Doug and the host discuss how oil futures briefly hit $120 amid escalating conflict involving Iran, arguing markets still aren't fully pricing the risks. They call the US action an unprovoked war, stress that wartime information is unreliable, and predict a long conflict followed by a major psychological campaign to build US public support, similar to COVID-era shifts. They cite reported destruction or severe damage to expensive US assets in the Gulf, disruption fears in places like Dubai, and the Strait of Hormuz being effectively closed, taking roughly 20% of global oil supply offline and prompting early global moves like rationing and price controls. They warn government interventions can worsen economic fallout, discuss positioning in commodities (notably a corn ETF) and oil stocks, and advise Americans to "panic early," prepare for fuel/food shocks, possible cyberattacks, and broader supply-chain instability. 00:00 Market Shock and Oil Spike 00:38 Unprovoked War and Propaganda 04:10 Backlash and Free Speech Costs 07:10 Long War and Public Psyops 09:32 Gulf Escalation and Energy Crunch 13:02 Government Meddling and Trade Ideas 22:03 Global Shipping Norms Unravel 28:00 Prepare Early for Domestic Fallout 32:25 Boots on the Ground and Wrap Up