Saturday, August 19, 2017

Jim Rickards: Thoughts on the US Economy, Section 232 and the Gold Price


Jim Rickards chats about his latest book, the potential for future interest rate hikes and US President Donald Trump's steel probe. He also shares his advice for investors.

- Source, Investing News

Wednesday, August 16, 2017

Gold prices have nowhere to go but up: Jim Rickards

Gold prices have nowhere to go but up: Jim Rickards from CNBC.

Gold prices stand to benefit as central banks continue targeting higher inflation rates, says Strategic Intelligence's Jim Rickards.

- Source, CNBC

Friday, August 11, 2017

Michael Pento and Jim Rickards on When it All Comes Apart


Join Michael Pento and best selling author & National security expert Jim Rickards as they discuss North Korea, debt the stock markets and when this all unravels .

Rickard's says "What Are You Waiting For, Get Your Gold Before Your Not Going To Get It Anymore".


Thursday, August 3, 2017

James Rickards: Gold Will Start Heading Higher On “Dwindling” Supply

Gold was down after the Fed’s hike, but I expect it to start heading higher again. Too many powerful forces are driving it behind the scenes. Dwindling physical supply is a major one.


Gold in USD (5 Years)

On a recent visit to Switzerland, I was informed that secure logistics operators could not build new vaults fast enough and were taking over nuclear-bomb proof mountain bunkers from the Swiss Army to handle the demand for private storage.

Geopolitical fear is another. The crises in North Korea, Syria, Iran, the South China Sea, and Venezuela are not getting better. The headlines may fade in any given week, but geopolitical shocks will return when least expected and send gold soaring in a flight to safety.

Fed policy tightening is normally a headwind for gold. But, the last two times the Fed raised rates — December 14, 2016 and March 15, 2017 — gold rallied as if on cue.

Gold is the most forward-looking of any major market. It may be the case that the gold market sees the Fed is tightening into weakness and will eventually over-tighten and cause a recession.

At that point, the Fed will pivot back to easing through forward guidance. That will result in more inflation and a weaker dollar, which is the perfect environment for gold.

In short, all signs point to higher gold prices in the months ahead based on Fed ease, geopolitical tensions, and a weaker dollar.

- Source, Gold Seek