We Are in the Middle of the Third Currency War

�The thrust of Rickards� presentation is that we are in the middle of the third global currency war. Countries engage in currency wars in order to �steal� growth from their trading partners. They do this by weakening their currencies to increase export competitiveness. But it is a zero sum game. The benefits are fleeting.�

- Greg Canavan's summary of Jim Rickards view point, from a recent interview. Find more information here:

http://www.moneymorning.com.au/20120816/why-currency-manipulation-is-a-war-on-your-wealth.html