Showing posts with label rickards. Show all posts
Showing posts with label rickards. Show all posts

Why Central Banks Are Obsessed with Gold

Part 1:


Part 2:


Future Money Trends interviews Jim Rickards about gold. They discuss the ongoing currency wars and why central banks are so obsessed with the price of gold. This is an older video, but well worth reviewing.

- Source:

Be Careful What you Wish For


"Jim Rickards has a message for investors and politicians monitoring talks between Congress and the White House to avoid billions of dollars worth of spending cuts and take hikes set to take effect January 1: Be careful what you wish for."

- Source: CNBC Video:

Paper, Gold or Chaos?


"Jim Rickards shares his investment tips and weighs up the risk and roles of paper, gold or chaos in the future of the international monetary system."

- Source:

Fiscal Abyss and Looming Debt Crisis


"The Eurozone Purchasing Managers Index (PMI) points to a European recession, according to Markit Economics. Meanwhile a successful bond auction in Spain brought lower than expected yields. Is Europe on a "choose your own disaster" track? We talk to our guest co-host, Jim Rickards, Senior Managing Director at Tangent Capital Partners, and John Mauldin, President of Millennium Wave Advisors, about Europe's fiscal future.

John Mauldin, author of "Endgame", believes we are approaching the end of a 60-year global debt super cycle in the developed world. The end of this cycle is characterized by massive household sector deleveraging and a historic shift of private liabilities onto public balance sheets. How long does the US have until the national debt becomes the next global crisis? Our co-host Jim Rickards, author of "Currency Wars", talks to John Mauldin about the fiscal cliff and how this political storm might play out.

And while we deride the Fed for launching QE3, Japan has launched QE 8. This is the eighth round of easing as Japan's twenty year slump drags on. We talk to Jim Rickards and John Mauldin about QE and the risk of inflation, interest rate dislocation and the big bang!"


- Source, Capital Account:

The New QE is Unlimited Money Printing

"This new program was different from QE1 and QE2 in one important respect. The prior programs had involved purchases of specific types of securities in specific amounts to be completed in defined time periods. The new program has no limits. The Fed can buy unlimited amounts of mortgages, Treasuries or other securities for as long as they want. The idea is to keep printing money until the Fed's goals on ,employment are met. The new term of art for this unlimited money printing was "open-ended." U.S. stocks and gold rallied on the Fed's announcement."

- Recent article by Jim Rickards that appeared on USNews.com, read the full article here:

There is Nothing Left to Say

"Part of the Bernanke genius is we will now stop talking about QE because there's nothing left to say. Purchase details are for technicians."

- Jim Rickards in a recent twitter post. Referring to the FED's recent QE announcement:

Banking Crime Wave



One sentence from Jim Rickards sums this video up, "It's almost as if they can't make money without breaking the law". He is of course referring to the banking system that has corrupted today's society on many levels.

Reserve Bank of Australia is Under Pressure


"Tangent Capital Partners Senior Managing Director Jim Rickards discusses the strength of the Aussie dollar. He speaks with Deirdre Bolton on Bloomberg Television's Money Moves."

- Via Bloomberg tv:

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:

One Major Disaster After Another

�If you look at history, you have one major disaster after another in August, It just destroys the myth that we all go to the beach and see you on Labor Day.�

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Jim Rickards and Rick Rule Talk Natural Resources



"In today's news, European Central Bank President Mario Draghi said policymakers will do what is needed to save the Euro. This comment was enough to spur a bout of market euphoria. But how do you invest around what a policymaker may or may not say? How do you hedge against volatility created by governments, central banks, and their central planners? We will talk to Rick Rule, Founder of Sprott Global Resource Investments and a leader in natural resource investing.

Also, former Citigroup CEO Sanford Weill, who helped build the behemoth Citigroup is today, now advocates for breaking up the big banks. We talk to our guest co-host Jim Rickards, Senior Managing Director at Tangent Capital Partners, about the significance and motivation behind Sanford Weill's statements.

Fidelity, Black Rock, and Vanguard, firms that collectively manage more than $7 trillion, are weighing legal action against the banks investigated for rigging Libor, according to Bloomberg. Could this mean more class action lawsuits are on the way?"


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http://twitter.com/coveringdelta