Audio interview with James Rickards
By GCRU Gold News on Wednesday, November 26 2014, 00:17 - Permalink
November 2014 Interview with Jim Rickards topics:
- Comments on the gold price
- The time horizon for the next international monetary crisis
- Fundamentals and math for the gold market has not changed
- Depressions are structural, not cyclical
- Jim comments on his article “In the year 2024”
- Bail-Ins to be announced post G20 Australia
- The world is on a shadow gold standard and moving towards a more formal one
- Jim’s views on gold mining company stocks
- 2% Inflation cuts the value of the dollar in half every 35 yrs
- Will quantitative easing lift the US out of depression when it didn’t work in Japan
- The Fed must change the psychology in order to get velocity of money
- No interest rate increases in 2015
- QE4 by end of 2015 possibly 2016
- Bank of Japan printing effect on US stock market
- Zero Interest rates has created an environment of regime uncertainty
- How Jim evaluates gold storage companies and jurisdictions
- Switzerland is the top gold storage jurisdiction in every dimension
- November 30th Swiss Gold Initiative Referendum
- Swiss / Euro Peg
- The Fed is leveraged 80 to 1, IMF leveraged 3 to 1
- Can the Fed collapse, and will the IMF bail out the Fed
- Lagarde: US has until Dec 31st to meet its obligations