DIY War, Oil, and a Market in Denial

DIY War, Oil, and a Market in Denial

From Doug Casey's Take by Matthew Smith

April 1, 2026 · 42 min · Episode 436

About this episode

The episode discusses historical events, political commentary on Argentina's election, and the dynamics of warfare and market conditions.

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…

People in this episode

Host: Matthew Smith

Topics covered

  • historical analysis
  • political commentary
  • market dynamics
  • warfare
  • gold and oil investing

Keywords

  • William Tyndale
  • Sir Thomas More
  • Javier Milei
  • US-Iran conflict
  • gold stocks
  • oil stocks
  • democratized warfare
  • F-16s
  • market recession

Mentioned in this episode

Organizations: NATO, Ukraine, Israel

Products: F-16s

Places: Argentina, Strait of Hormuz, UAE, Russia

More episodes of Doug Casey's Take

Explore listener stats, chart rankings, contacts and more on the Doug Casey's Take podcast page.