"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.
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."
"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."
Saturday, November 24, 2012
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.”
“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?
- 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."
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:
Tuesday, October 30, 2012
Turkish Government Has Many Internal Problems
"Tangent Capital Partners Senior Managing Director James Rickards discusses the impact of the Syria-Turkey conflit on markets. He speaks with Ken Polcari and Alix Steel on Bloomberg Television's Bloomberg Rewind."
- Source Bloomberg TV:
Saturday, October 27, 2012
Keynes Supported a Commodity Basket Currency
"One of the last things Keynes did before he died was propose a commodity basket currency including gold. Keynesians reject that now."
- Jim Rickards via a recent twitter update, follow him on twitter here:
Tuesday, October 23, 2012
Currency Wars Simulation
"Jim Rickards gives his breakdown of a potential currency war. This relates to a simulation that he took part in along with the U.S government."
- Find the full documentary here:
http://www.youtube.com/watch?v=fW3fZzfHEX4
Thursday, October 18, 2012
Appreciate Your Currencies Or Suffer Inflation
"In the second half of the show, Max Keiser talks to Jim Rickards, author of CURRENCY WARS, about Ben Bernanke's speech in Japan where America's chief currency warrior warned emerging economies to appreciate their currencies or suffer inflation. Rickards also notes it could be the first time the head of the Federal Reserve has ever talked about the US dollar, normally the domain of the US Treasury.."
- Source:
Tuesday, October 16, 2012
US Economy, Gold and Currency Markets
"James Rickards, senior managing director at Tangent Capital, talks about the U.S. economy, investment in gold and global currencies. Rickards speaks with Sara Eisen on Bloomberg Television's Money Moves."
- Source, Bloomberg TV:
Saturday, October 13, 2012
LIBOR Could Destroy the Banking System
- Source: USAWatchdog.com:
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