Silver & Gold BOOM! Do This Before It's Too Late - Jim Rickards
Silver & Gold BOOM! Do This Before It’s Too Late – Jim Rickards
Could the U.S. Treasury raise a trillion dollars from gold with a single accounting entry? Jim Rickards explains the Fed’s gold certificate, why central banks keep buying gold, and what he thinks about the yen carry trade. In this 14-minute briefing we compile what Jim Rickards actually said in recent interviews on gold: why the “central banks are dumping Treasuries” story is misleading, how BRICS payment rails differ from a gold-backed currency, why gold behaves as an “everything hedge”, and how revaluing the Fed’s gold from $42.22 an ounce could create about $1 trillion in cash. We close with a short expert evaluation that checks his claims against the facts.
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