KITCO NEWS - Don't tell best-selling author and noted gold aficionado Doug Casey that gold is a speculative play.

"Gold is not the only thing I do but it is the most important thing that anybody can do right now," said Casey during part one of his interview with Kitco News. "[Gold] should not be viewed like trading soy beans," Casey said, adding that it represents "savings in the simplest form." And, the longtime gold investor's conviction on the metal doesn't seem to be waning. "If you are going to throw in the towel on anything, it's paper currencies."

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