Mastering the Art of Speculation and Today’s Top Opportunities

International Man: Let’s begin by defining our terms. How would you define a speculator?

Doug Casey: The word “speculator” is generally misused and poorly defined. Let’s put it in context, along with some related terms that it’s usually confused with.

First, what is a speculator? A speculator is someone who capitalizes on distortions in the market. These distortions are mostly caused by the actions of government, so most are political in nature. But distortions can also be caused by natural disa...