- Read the full interview here:
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."
The End of the Dollar? Gold to Go Much Higher!
Jim Rickards was recently interview by King World News. He discusses such topics as how the FED is targeting a higher inflation rate, the success of his book tour, and the coming spike in the price of Gold.
Listen to this powerful interview by King World News, here:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2012/1/28_Jim_Rickards.html
Listen to this powerful interview by King World News, here:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2012/1/28_Jim_Rickards.html
Bernanke is Targeting High Inflation
"Bernanke made it crystal clear they were going to go to some kind of quantitative easing. One of the reporters asked, �Do you worry that inflation may get out of control?� The Chairman (Bernanke) responded, �We�re targeting 2% inflation.� Of course, I don�t believe that. My belief is they are targeting something like 4% or 5%."
- Jim Rickards via a recent King World News interview, read the full interview here:
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