Jim Rickards: Fed Desperate for Inflation, Bullish for Gold

Four time best-selling author Jim Rickards says “The time to buy gold is when sentiment is low and people hate it. So, the bull market is intact.” 

We are in the fourth year. Bull markets start off slow because of all the bad sentiment, but then they gather momentum. 

So, it’s still not too late to jump on this train, and my expectation is this will pick up. The signal the gold market is getting right now is the Fed is throwing in the towel.

They made some headway, but it came at a high cost because they slowed the economy and they can’t continue.

Now, they are going to be desperate for inflation, and that is very bullish for gold.”

- Source, USA Watchdog