A reader has asked about a gold revaluation: Does revaluing gold to $10k usd with all the major countries make sense? The US government wants the usd to remain the world’s reserve currency, but it has a very high government debt to GDP ratio. Historically, nations with a >90% ratio end up collapsing. If all […]
Tag Archives: Jim Rickards
Yesterday Jim Rickards wrote in the Daily Reckoning Australia that Australia (the lucky country) is out of luck. He explained how Australia hasn’t had a recession since 1991! But how this could be about to change. The resources boom and house prices are what has driven the Australian economy. “Housing data is not the full […]
Many times in the past we’ve discussed the concept of becoming you own central bank or going on your own personal gold standard. Today Jim Rickards discusses this idea in depth. He shows you how to go on your own personal gold standard, even if the world never returns to one. Given the New Zealand Central […]
Visa Ups the War on Cash Following on from last weeks report on the expanding war on cash down under, the latest news is that credit card processor Visa and other payment networks want to abolish cash and cheques that compete with their credit and debit cards. In the USA, the card companies are offering thousands […]
Here’s 3 reasons why gold has stumbled and drifted lower over the past week or so. Plus you’ll see how the US central bank, the Federal Reserve, is getting set to launch a “kamikaze mission” against the U.S. economy. Then Jim Rickards shows you why gold has proven so resilient this year, despite strong head winds […]
Jim Rickards has been featured in 4 out of the 5 episodes that Mike Maloney has released so far in the ‘Hidden Secrets Of Money’ series. His first book ‘Currency Wars’ was a bestseller and is highly recommended reading for anyone who wants to get an understanding of economics from ‘the inside’. In this video they […]