Jim Rickards - Gold Pullback Meaningless, It’s Headed Higher

“Here’s the point, whether you end up with $5,000, $7,000, Paul is saying $10,000 and that’s a perfectly respectable estimate, I could (even) see it (gold) at higher levels, $15,000 or $20,000. In other words, the price level that I have given, that is in chapter eleven of the book, is based on today’s data.

Now if you change the data, if you print even more money than we’ve printed so far, you’ll get even higher prices. But the point is Paul’s estimate is right in the middle of the range that I’ve come up with, a perfectly good estimate. We all like our investments to go up, but if you buy gold at $1,700 and it goes to $1,500, buy more because it’s on its way to $2,000, $3,000, $4,000 and higher.

The fundamental story (for gold) is completely intact, in fact it’s getting stronger...."

- Jim Rickards, via a recent King World News Interview, read the full interview here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/11/18_Jim_Rickards_-_Gold_Pullback_Meaningless,_Its_Headed_Higher.html

Jim Rickards - The US Won’t Give Germany its Gold

“Now Italy has come out recently and they have actually been a little more transparent and they say most of their gold is in Italy, in Rome.

But I do know looking at it from a US perspective, as I’ve described in the book Currency Wars, if the US gets into extreme distress, and there’s a collapse in the dollar, I have no doubt that in an emergency basis the US will basically confiscate all the gold in their possession. Then they will convert it to back up a new gold based US dollar as plan B or some way to stop the crisis.

So it’s a political question for Germany as to whether they want their gold back, but sometimes you don’t ask questions if you don’t think you are going to like the answer. It would be interesting if Germany demanded that gold be shipped to Frankfurt or Berlin what the US would say.”

- Jim Rickards via a recent King World News Interview, read the full Interview here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/11/11_Jim_Rickards_-_The_US_Wont_Give_Germany_its_Gold.html

Currency Wars: The Making of the Next Global Crisis - Launches tomorrow!

Jim Rickards new book "Currency Wars: The Making of the Next Global Crisis" launches tomorrow, if you haven't already pre-ordered your copy, make sure you get it asap, should be a fantastic book. I have mine ordered.

Jim Rickards on Currency Wars

"Jim Rickards discusses his new book "Currency Wars" and gives valuable insight into the current economic conditions. If you have seen my channel, you know that I am a big Jim Rickards fan because he gives analysis that has proven to be not only correct, but is a glimpse into what will be happening in the future. Jim gives a great explanation to the paradox of the rising Euro when it appears the EU is falling apart."


                                                                 Charms and Beads

Weak USD? No QE3!

Said it before, I'll say it again. Key to QE3 is not U.S. economic data, it's the USD/EUR and USD/CNY cross rates. Weak USD = No #QE3.

Jewellery in Canada

Do the opposite of Goldman Sachs!

"Best advice I can give you is to listen carefully to Goldman Sachs then do the opposite."

The Fed is Destroying the Dollar!

“The Fed has been systematically trying to destroy the US dollar. Inflation is like a thief in the night that breaks in while you are asleep. Inflation is very sneaky and people aren’t as aware of it. Sophisticated people are, insiders are and people who see it coming know how to hedge against it, but average Americans don’t and they are victimized by it.”

- Read the full interview on King World News here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/16_Jim_Rickards_-_New_Buyers_Entering_the_Gold_Market.html

Russia's Door Still Open? Jim Rickards - Interviewed on BNN

Jim Rickards was recently interviewed on the Canadian Business News Network - BNN. You can view the interview here:

http://watch.bnn.ca/#clip548159

The News Never Stops!

"Dirty secret of the 24 hour news cycle is that sometimes there's no news. Genius of protest is that it fills the news void 24/7."

- Jim Rickard referring to the "Occupy Wall Street" protest, and various other protest happening worldwide.

Jim Rickards - Who’s the Sucker at the Global Gold Poker Table?

"When asked how those officials from the Middle-Eastern countries view paper money, Rickards responded":

“Well, the way I would put it, Eric, it is a joke, but they are in on the joke. They understand the vulnerability of it. They understand the gaming of it and the way paper money is used to transfer wealth from people who don’t really understand it to those who do and are in a position to manipulate it."

- Jim Rickards, via a recent King World News Interview:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/8_Jim_Rickards_-_Whos_the_Sucker_at_the_Global_Gold_Poker_Table.html

Jim Rickards: More or Less Regulation?

"Do I favor more or less regulation? Answer: both. Less regulation for entrepreneurs & more for Wall Street that sucks life from economy"

Greece Austerity Plans are Hopeless

"Firing workers in Greece costs more severance than keeping them on payroll. So latest "austerity" plan is to fire no one. Totally hopeless."