Saturday, August 18, 2007

Doug Advises We Head For The Boats


“Argentina is the place to be,” advises Doug Casey in this morning’s Rude Awakening. Amidst all the global chaos, Mr. Casey -- a man who has lived in more nations than most of us have even visited -- has pegged Argentina as the next great safe haven for U.S. investors.
“It's the cheapest country in the world,” says Doug. “It has low population, is incredibly beautiful, the climate is great. One hundred years ago, it was in competition with the U.S. for being the best place in the world, and the richest place. But it went downhill radically. But let me tell you something. It's turning around, I think. And what's going to happen is driven by the fact that everything in Argentina costs between 10-30% of what it costs in North America.”
For Doug’s entire case for Argentina, see this morning’s Rude Awakening.

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