Jesse's Café Américain: Jim Rickards: Possible Run on the Gold …
I found his rationale for China’s desire to increase its gold holdings to be intriguing. The price objective of $5000 – 10000 is somewhat arbitrary, but directionally correct if it is not accompanied by a reissuance of the currency, … Mr. Rickards has been a direct participant in many significant financial events including the 1981 release of U.S. hostages in Iran, the 1987 Stock Market Crash, the 1990 collapse of Drexel and the LTCM financial crisis of 1998 in which he …
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