Doug Casey on Crisis Investing in Cyprus
Legendary crisis investor Doug Casey and Nick Giambruno put their boots to the ground in Cyprus to search the rubble of one of recent history's most significant financial crises—the financial collapse and bank deposit raid in Cyprus—for incredible bargains. And they found them.
In this video interview below, Doug and Nick detail the tremendous speculative opportunities available on the Cyprus Stock Exchange.
Editor’s Note: Doug and Nick are expert “crisis investors.” They invest in markets that are bombed out, hated, and depressed. This strategy allows them to buy world-class companies at bargain prices… and to buy a dollar’s worth of assets for pennies. This sets Doug and Nick up to make big gains, like the 210% gain they made on the Cypriot hospitality business Lordos Hotels in the wake of that country’s banking crisis.
It’s all part of a strategy we believe anyone can use to “flip” financial chaos into a fortune. No matter their investing experience or level of wealth. That’s why Doug and Nick put together a video to show you exactly how to use this profitable technique. Click here to watch it now.
Tags: crisis investing, doug casey, economic collapse, cyprus,