I agree with Jim that gold will be part of the reset system. Basel 3 made gold into a tier 1 asset next to USD. How come? We're about to find out sooner rather than later.
OMG I come home form work and find Mario has an interview with Jim Rickards!!! you're getting noticed now. Congratulations, you're hard work and most importantly truth, is paying off. Keep up the incredible work you do.
Maneco64; thank you for bringing on Jim Rickards; a man with a lot of knowledge about the financial situation going on around the world right now. Jim is always a guy to take serious.
Jim is one of my favorite interviews and I believe he is probably the most knowledgeable in regards to moves the government heads will make. This old system is dead it needs to go now
James Rickards is not only an incredibly bright mind, but also a nice guy. He saw in detail what happens now and what will happen soon. Because of him I'm prepared and calm. Thank you!
Here in UK, A Detective Constable friend ( Out of uniform a long time ) has been asked what uniforms she still has. Make of that what you will. Military friends hearing possible involvement in major lock down in near future.
Awesome for Jim on your show, love Rickards. You're one of the Top guru's on RU-vid ;) Mario, & Billy :) You, Greg Mannarino, and Jason(WallStOnMainStreet), Many blessings, Thank you all.
Gullinkambi Because the world needs grease in the machinery. You can chose cheap products and a never ending creative development, or you can choose stagnation. Once you have been to exclusive streets in China you will think of the US as a museum.
True gold backing would mean exchangeable. Like it was back before they confiscated it. A $20 bill in any bank would get you a double eagle. (little less than an ounce). The people that laogh at us Bugs argue that there is not enough gold to back it. I then say that there is plenty. It is simply a matter of price....
News tonight saying NYSE Floor closed next week. Supposedly trading electronically only. Congratulations for getting Jim Rickards! I just watched him on Kitco today.
We do not need a public market when we have private companies. We need private company development. The public corporations cause the problems of public bailout. That is not price discovery especially when everything is debt. This myopic public companies = public debt is near-siders. It’s insider trading. The IMF is another near-sider. None of you 99%ers are near enough. They even control the price of gold. Sudan is selling gold under direction of their Central Bank regulations. South Sudan oil split off from North Sudan for this reason. In these people’s (Central Bankers) you cannot have gold trading directly for oil. No doubt in my mind they made N&S Sudan split. Big gold (private) selling for Comex (public) price and public price oil. The big player in gold have too much money to hide in public price markets. They are private and it’s huge and it’s not government. The IMF can take a hike with its e-money.
jack b interesting idea... But if it were you being forced to do anything, you would probably do nothing or try to find a way around the demand. Also the bank of Canada is not owned by Canadians. They sold off our thousand tons of gold, or basically transferred it to Rothschild vaults. As Canadians we are debt slaves and not free citizens.
NO AID to companies that propped up their value through stock buy-backs! NO more privatization of profit through the socialization of loss! Americans need to CALL CONGRESS and insist that this is a precondition to any aid!
Love ya Jim, I still can't believe when I saw Alex J make you spitball a time for this and you said 2020 way back in 2016. Nice call, I was thinking about that beginning of the year and here we are.
Forgive my ignorance, how can SDR (a basket of rubbish fiats) constitute any value? I think it is an idea of dressing mutton as lamb !! Also, correct me if I am wrong, where does IMF get any gold?
You’re right but the Elite Globalists running the show will try to stay in charge as long as they can and that’s why we need to keep exposing them. Jim exposes their fiat system in his book Aftermath. All he is doing here is trying to forecast the reality of the situation so it doesn’t me he thinks it’s the best solution.
I read Mervyn King's book "The End of Alchemy" and he actually thinks going back to 100% reserve banking is the solution to the current banking fiasco.
