Wednesday, November 28, 2012

Inflation Could Gap Higher

"The Fed wants a cheaper dollar, but that doesn't mean they're going to get it" right away.

"If they don't get it, they'll have to try harder."

"Instead of nice smooth path from 2 percent to 3 percent, inflation could gap to 6 percent in a matter of months."

- Jim Rickards from a recent yahoo news interview.

Saturday, November 24, 2012

Be Careful What you Wish For

"Jim Rickards has a message for investors and politicians monitoring talks between Congress and the White House to avoid billions of dollars worth of spending cuts and take hikes set to take effect January 1: Be careful what you wish for."

- Source: CNBC Video:

Monday, November 19, 2012

You Can't Trust the United States Anymore

“The United Sates decided, as a matter of policy, to trash the dollar. The Chinese made one enormous blunder; they actually trusted the United States to the tune of $3 trillion of assets to maintain the value of the dollar.

“China’s learning the hard way that you really can’t trust the United States anymore.”

- Source, ETF Daily News:

Tuesday, November 13, 2012

Government Will Have to Go Back to a Gold Standard

"Once the chaos hits, which I would define as a complete loss of confidence in paper money, social unrest and riots, when that sort of things starts to break out, governments will have to do something and they’ll have to regain trust. And the easiest, fastest way to regain trust is by going back to a gold standard. So as I say, they won’t want to do it but they will do it out of necessity."

- Jim Rickards via a recent Finance News Network interview, read the full interview here:

Thursday, November 8, 2012

Paper, Gold or Chaos?

"Jim Rickards shares his investment tips and weighs up the risk and roles of paper, gold or chaos in the future of the international monetary system."

- Source:

Saturday, November 3, 2012

A Gold Backed Currency is the Most Desirable Outcome

"The most desirable outcome is probably some kind of gold-backed currency. And, it doesn’t mean that we’ll all be walking around with gold coins in our pockets. You can have paper currencies but they can be supported by gold, and tied in some way. And you can have discretionary monetary policy, these things are not mutually exclusive. So, I think they would be the best because it would mean that government’s would stop stealing from their citizens in the form of inflation.

If you have savings or retirement, or annuity or an insurance policy, you’re dependent upon a fixed income or a fixed stream of dollars. If I make those dollars worth less, it’s exactly like stealing money from you. And that’s what countries to do their citizens, that’s what government’s do to their citizens. And, one way to prevent that is to, well, citizens can protect themselves from buying gold and countries can avoid it in the first place by having a gold backed standard. So, I think that’s the most desirable."

- Jim Rickards via a recent Finance News Network interview, read the full interview here: