Friday, May 25, 2018

James Rickards: The Coming Currency War with China and Gold's Role in It

James Rickards forecasts a grim future in which he sees both China and the United States entering into a full out currency war. Perhaps this has already started and perhaps there is now no turning back?

Who will win, both sides have their leverage and both sides have their moves to make. This will not end well however, for either side. War is upon us, the currency wars are here.

Jim Rickards is a lawyer, investment banker and economist with over thirty years’ experience in capital markets. He is currently Senior Managing Director at Tangent Capital Partners LLC. 

He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pentagon.

- Video Source, Old Radio