James Rickards: Gold $10,000 to $50,000 per Ounce (Video)

H/t reader squodgy:

“I think this man is a Fed spokesman, and thus a Rothschild puppet.

He is programming us for the reset with technical bullshit.

He clearly implies the aim of all this uncertainty is to facilitate a modified relaunch of the status quo after default, and the default will not affect the owners, because they don’t lose anything. They never do.”


Apr 5, 2016


Financial Expert James Rickards says, “The Fed wants inflation . . . . They are not getting it, but they have to have it. What does that mean for policy? That means they are not going to give up . . . . They are going to keep trying until they get inflation, and when that happens, you are going to wish you had your gold.”

How much will gold be in the future? Rickards calculates, “$10,000 per ounce with 40% backing . . . if you had 100% backing (of the dollar), that number would be $50,000 per ounce. The implied non-deflationary price of gold, depending on your assumptions, is between $10,000 and $50,000 per ounce. If you are going to have a gold standard and you want to avoid the blunder of the 1920’s, you are going to have gold at least at $10,000 per ounce and possibly much higher. I explain all this in my book.”

Join Greg Hunter as he goes One-on-One with James Rickards, the best-selling author of the brand new book called “The New Case for Gold.”

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3 thoughts on “James Rickards: Gold $10,000 to $50,000 per Ounce (Video)”

  1. The manipulation of precious metals is disturbing for the little man who buys to hedge and uses his current flow to do so. He will always lose out if he isn’t there for at least a two year stint.
    However, given the indisputable fact that economies MUST reset as the economic activity dwindles (as evidenced by order books & the BDI), precious metals must be a sound investment as paper FIAT currency is rendered worthless in the lead up to the “One World Currency” the BANKSTERS are herding us all towards.



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