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Doug Casey's Ten Tips On Speculation And Life

In this interview, Doug Casey outlines the difference between savings, investing, and speculation, justifies why he would rather risk 10% of his portfolio on speculating for big gains than 100% hoping for just 10% gains, and explains why, as safe as you might think it is, the money in your bank account may never be given back to you.

Click here to see what Doug has to say about speculators, gamblers, and life.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.