Why Central Banks are Obsessed with Gold & Why QE3 is Imminent

- Source:

http://www.futuremoneytrends.com

BRICs to Start Their Own Currency?

(Jim Rickards appears in second half of the show)

Markets are in Wonderland

"The government is creating more uncertainty by picking winners and losers, according to Jim Rickards, of Omnis."

- Source: http://video.msnbc.msn.com/cnbc/38688943#38688943

A Return to the Gold Standard?

With central banks around the world printing money to pump into their financial systems to prevent them from seizing up, the argument for a return to the gold standard has become popular again.

The gold standard was a commitment by participating countries to fix the prices of their domestic currencies in terms of a specified amount of gold.

The idea, in theory at least, was that you could convert your currency into gold at the fixed price.

The view from investment banker Jim Rickards is that something is needed to stop governments from printing money in order to deal with their debt - that hurts savers by making money worth less.

"The worst case scenario is hyperinflation, which hurts everyone. Sticking to gold makes such a policy impossible, and therefore stops governments and central banks from abusing their power," he says.

- Read the full story at BBC News here:

http://www.bbc.co.uk/news/business-17273949 

Currency Wars Takes Silver Medal in Annual Axiom Business Book Awards

Currency Wars: The Making of the Next Global Crisis, by James Rickards has taken second place in the 5th annual Axiom Business Book Awards. The book took the silver medal in the Economics category. 

Congratulations to Jim Rickards and his great book!

See the full results here:

http://www.independentpublisher.com/article.php?page=1523 

The Fed is Clueless!

"The Fed is mostly clueless. When they are not clueless they lie. Everyone is in on the joke except savers..."

- Jim Rickards via a recent Twitter update:

https://twitter.com/#!/jamesgrickards 

Jim Rickards "Monetary System a Race Between SDR and Gold"

Rickards: Iran's Currency War

"James G. Rickards discusses how the U.S. is engaging in currency warfare with Iran.

This Carnegie Council event took place on January 26, 2012. For complete video, audio, and transcript, go to: http://www.carnegiecouncil.org/resources/transcripts/0468.html"

90% US Silver JUNK Coins PRE-1965 1 oz OUNCE MIXED LOT

Currency And Economy

We Don't Need a Central Bank

James Rickards: Paper, Gold, Chaos

"History is replete with the carcasses of failed currencies destroyed through misguided intentional debasement by governments looking for an easy escape from piling up too much debt. James Rickards, author of the recent bestseller Currency Wars: The Making of the Next Global Crisis, sees history repeating itself today - and warns we are in the escalating stage of a global currency war of the grandest scale.

Whether it ends in hyperinflation, in the return to some form of gold standard, or in chaos - history is telling us we can have confidence it will end painfully."

James Rickards Interview: Gold is the Answer to Currency Wars

"I think there is a sense among many of the policy makers and Federal Reserve board governors that the dollar will always be the key reserve currency, and there is no good alternative. Therefore, you can borrow or print as much as you want and have as much debt as you desire. The thinking is that we will eventually grow and pay it back, or there will be inflation or some other remedy. The belief that the dollar is a punching bag that will never break is incorrect. We need to be more conservative or we risk a general collapse of confidence in the dollar."

- Read the full interview here:

http://wallstcheatsheet.com/investing/exclusive-james-rickards-interview-gold-is-the-answer-to-currency-wars.html/