KITCO NEWS - '[President Donald] Trump is not a Libertarian he is an authoritarian,' says best-selling author Doug Casey in part two of his interview with Kitco News, critiquing the U.S. president's track record. 'The good news about Trump is that he has some business instincts; so he's trying to cut expenses, he's trying to cut regulation, that's the bright side. On the not-so-bright side, he is playing chicken with Syria and North Korea -- the last thing we can use at this point is nuclear war.' Casey went on to note that 'praetorian' agencies including the CIA, members of the financial world, academia and the media all 'hate' Trump and are actively working against him. 'So how is this going to work out? I don't know, but when the economy inevitably does collapse, and I still think it will happen this year, he will blamed for it -- so I think it is going to be an ugly situation.' Watch Part 1 here. 
 

This article is commentary by an independent contributor. At the time of publication, the author held TK positions in the stocks mentioned.

More from Video

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Will Tesla CEO Elon Musk Really Pulverize the Haters?

Will Tesla CEO Elon Musk Really Pulverize the Haters?

Jim Cramer's Investing Rule #4: Buy Damaged Stocks, Not Damaged Companies

Jim Cramer's Investing Rule #4: Buy Damaged Stocks, Not Damaged Companies

Jim Cramer's Investing Rule #3: Don't Buy Stocks All at Once

Jim Cramer's Investing Rule #3: Don't Buy Stocks All at Once