“Thriving in a Crisis Economy” was the theme and San Antonio, TX was the stage for the 2014 Casey Research Summit. Financial juggernauts and contrarians abound, this conference included such personalities as Rick Rule, Doug Casey, Marin Katusa, & John Mauldin…and so much more. With this being my first ever Casey Research Summit, I can state with confidence that this was worth every penny. To say the least my brain is overloaded with the kind of information and perspective I was seeking, and I will 100% be returning to additional iterations in the future.
Attending the Casey Research Summit is nothing short of financial, speculative, and geopolitical boot-camp. Starting at 07:30 each morning you get to chew on workshops, lectures, working lunches, and even “dine arounds” with your favorite speakers until about 10:00 in the evening. I found myself passing out face down in my hotel room each night (Hyatt Regency Hill Country Resort and Spa – fantastic) only to wake up early that next morning to do it all over again. With that being said, the summit is what you make it. Some people attend every lecture and workshop while others opt for a more laid back approach that involves golf, cocktails, and intellectual poolside banter.
Before I review some of the highlights of the “Thriving in a Crisis Economy”, I wanted to comment on the audience who traveled from far and wide to see the Casey crew in action. The majority of attendees were aging baby boomers and the outright elderly (i.e. people with money), however, these weren’t your average aging “schmoes”. This crowd wasn’t your CNBC mainstream following herd – they had either profited from past financial disruptions or learned from past mistakes.
Overwhelmingly a “hard money” crowd, these people knew the system was broken and they were looking to keep – and grow – their assets through the coming storm. Most of all, the crowd was incredibly welcoming especially to a lad like myself. They were all pleasantly surprised I was at the Casey Summit and offered their advice, stories, and overall great company over the 3 days. I will be returning to the Casey Research Summit primarily for this reason – not for the speakers and the staff, but for the crowd.
The amount of information I digested at the Casey Research Summit almost made my brain bleed (in a good way). The overarching theme was the growing crisis economy and how we all get through this mess. Innumerable charts were produced portending the imminent crash of the market while scholars and analysts alike argued whether the crash would be inflationary or deflationary in nature.
We seemed to always come back to gold as the safe haven asset of choice, although at the end of the conference the majority of the faculty admitted to loading on silver recently due to the recent price smack down. All in all the message was that the market will come tumbling down soon, therefore, prepare now to get through the carnage – or profit from it – so that you will be better positioned to build wealth and a better world on the other side.
Below you’ll see some “awards” I’ve bestowed on the group. These are biased, and I’m probably leaving some out, nonetheless this will give you an idea of the kind of firepower Casey can bring in.
Funniest (and maybe the wealthiest) Rick Rule