He sure does. I'm now of the belief because of share volume 8/15/71 had to occur because the Kool Aid Stand became an event. In other words, the US Government never intended to be in business of brokering out Gold (which must be stored, protected, & distributed) just not practical on a large scale. The cool aid stand didn't intend to serve 200,000 thirsty, hot, Talladega Nights race fans! If you're not first your last!
Tom Clancy’s novel on the life of Jim Richards… “Liquid Lunch”, with an image of a group of high powered men filling their pockets with gold while nervously keeping watch over their shoulders… in the background is Jim looking through a magnified glass gaining ground on them.
Jim always has great information. Recently RUclipsrs had been saying that China shall flood the market with steel trying to save their collapsing economy. If that's accurate & the US stockpiles steel to build 5 more Aircraft carriers we likely could maintain World reserve currency status. That along with melting down every guardrail & replacing with cement poured form or factory made(boosting employment) could change the dynamics. That cement becomes concrete if you don't know & that allows our nation to have a massive stockpile of steel for our 5 NEW Aircraft carriers. There's additional steel available & I'll post that comment soon. Thanks for your replies & comments.
You forgot how the US got the BOC to sell ALL of its Gold...but to be fair Canada does have tons of Gold in the ground so one could say that "we still own plenty of Gold we just need to go get it if need be"
Not sure that the Russian economy is booming as he says. Maybe nominally. But inflation is around 20% and so are the interest rates. Ruble is very weak.
trees have to be cleared back because they shade the horizon and solar panels need a clear site to the sun to maximize electricity production. It only takes a few trees to lose all the sun at early morning and late afternoon...that can equal 25% of potential production
For solar, obviously you need SUN primarily, batteries come next if you want. If you live in the place where there is not much sun then solar becomes less feasible alternative source of energy
Right now if im a syrian,palestinian, a person living in northern lebanon, or a kurd ,the banks are closed and the currency is worthless i have gold and want to leave i get to the border and its confiscated can i leave with my Bitcoin?
Dollar will fall in value or will fall to BRIC nations as new world currency? What is your comment saying? If you are replying to my watts post that was only a tidbit about JR's solar array. Yet, if you are talking about my other posts pertaining to World Reserve currency yes the debt is out of hand, however, he who controls the air & sea controls the world & thus the currency. That could buy the time necessary to pay down $36 trillion in debt & another $155 Trillion in unfunded liabilities at least. Build 5 Air Craft Carriers & secure the future.....
this blackout around Bessent, who said gold is his primary holding and wants to take part in a new Bretton woods -- ... well if there's a media blackout on it, ... omfg I'm going to get mf rich..... 64 million questions is: did they really engineer this financial-monetary crisis over so many decades, just to fix it at the last minute...? .. really...?
Gold Grifters … of the gold pyramid scheme .. better returns available in 100’s other investments when you run out of ideas, put your money into useless gold hahaha
blah blah blah 'better returns' lol For the 1000th time... gold is NOT considered an investment vehicle per se Having said that, gold has still outperformed the S&P, Nasdaq, and bond markets since 2000. hahaha
Great interview. Thanks to you both, & happy new year!
Once an American lady told me: "You need a wood burning stove." I'm glad I listened to her...
Jim Rickards always speaks sense.
Not always
He sure does.
I'm now of the belief because of share volume 8/15/71 had to occur because the Kool Aid Stand became an event. In other words, the US Government never intended to be in business of brokering out Gold (which must be stored, protected, & distributed) just not practical on a large scale.
The cool aid stand didn't intend to serve 200,000 thirsty, hot, Talladega Nights race fans!
If you're not first your last!
Jim is a great guest! Liked and subscribed!
Tom Clancy’s novel on the life of Jim Richards… “Liquid Lunch”, with an image of a group of high powered men filling their pockets with gold while nervously keeping watch over their shoulders… in the background is Jim looking through a magnified glass gaining ground on them.
My compliments Mr. Jim Rickards my favorite analytical perceptiveness with fortitude
You got a lot of reading to do Jim 😉 thanks for your time and knowledge. One of the great 🎉
Gr8 info, thanks 🎉
Jim always has great information.
Recently RUclipsrs had been saying that China shall flood the market with steel trying to save their collapsing economy. If that's accurate & the US stockpiles steel to build 5 more Aircraft carriers we likely could maintain World reserve currency status.
That along with melting down every guardrail & replacing with cement poured form or factory made(boosting employment) could change the dynamics. That cement becomes concrete if you don't know & that allows our nation to have a massive stockpile of steel for our 5 NEW Aircraft carriers.
There's additional steel available & I'll post that comment soon.
Thanks for your replies & comments.
@@MarcFIZZYwhat does that have to do with gold rising ? US dollar will fall because US debt is way too high
Great video
Tom Clancy Novel :) How apt was that. Awesome interview.
Proof and point. with the dollar holding and gold still rising, were about to witness an avalanche into commodities
JIM RICKARDS ❤❤❤
I RECOMMEND TO EVERYONE TO READ 📚 ALL HIS BOOKS 📚
The Boy who cried Gold -------------------
Crazy world¡¡
I still remember Long Term Capital.
You forgot how the US got the BOC to sell ALL of its Gold...but to be fair Canada does have tons of Gold in the ground so one could say that "we still own plenty of Gold we just need to go get it if need be"
Not sure that the Russian economy is booming as he says. Maybe nominally. But inflation is around 20% and so are the interest rates. Ruble is very weak.
Does any US government data accurately measure and report inflation?
No
trees have to be cleared back because they shade the horizon and solar panels need a clear site to the sun to maximize electricity production. It only takes a few trees to lose all the sun at early morning and late afternoon...that can equal 25% of potential production
For solar, obviously you need SUN primarily, batteries come next if you want. If you live in the place where there is not much sun then solar becomes less feasible alternative source of energy
I made my Skyrim character look like Rickard
Right now if im a syrian,palestinian, a person living in northern lebanon, or a kurd ,the banks are closed and the currency is worthless i have gold and want to leave i get to the border and its confiscated can i leave with my Bitcoin?
Jim clip your answers, with less self grandeur.
What about Silver?
Well we need a fraction of them 7 plus kilowatts to run our Tiny House RVlike village.
All advice welcome.
Thank you
Dollar will fall in value or will fall to BRIC nations as new world currency? What is your comment saying?
If you are replying to my watts post that was only a tidbit about JR's solar array. Yet, if you are talking about my other posts pertaining to World Reserve currency yes the debt is out of hand, however, he who controls the air & sea controls the world & thus the currency. That could buy the time necessary to pay down $36 trillion in debt & another $155 Trillion in unfunded liabilities at least.
Build 5 Air Craft Carriers & secure the future.....
“I have a negative carbon footprint” - Carbon
I buy 2 large combo meals at any fast food joint for 1/2 dollar. Whats the problem? There is no inflation.
Where?
@therealscot2491 Florida.
Exactly , and a pre 1965 dime still buys a candy bar
Today is 12/31/2024. Gold is up $20 at $2,626, and the dollar is also up 40 cents at 108.33, that's a bullish signal for gold.
Why doesn’t buffet have any gold? Maybe he has a excellent portfolio.
this blackout around Bessent, who said gold is his primary holding and wants to take part in a new Bretton woods -- ... well if there's a media blackout on it, ... omfg I'm going to get mf rich..... 64 million questions is: did they really engineer this financial-monetary crisis over so many decades, just to fix it at the last minute...? .. really...?
Jim is a genius except he ignores passive house design principles. His solar home is most likely a conventional design.
But, roofs...
Accept your fate Jim, bald is beautiful! Cut the rest of it off… Great show though.
come to find out trump going to launch a memecoin rofl wtf
Gold Grifters … of the gold pyramid scheme ..
better returns available in 100’s other investments
when you run out of ideas, put your money into useless gold hahaha
blah blah blah
'better returns' lol
For the 1000th time... gold is NOT considered an investment vehicle per se
Having said that, gold has still outperformed the S&P, Nasdaq, and bond markets since 2000.
hahaha
@
No it hasn't
It hasn't even equaled the rule of 72
Go away fool
@@the1beard Another uneducated troll who can't deal with FACTS. Didn't think anyone was going to challenge you, huh?
@@INTERNETVID
Nonsense
@@the1beard 'Nonsense' ..profound comeback.. Wasting my time with yet another failure of the public school system.
I made my Skyrim character look like Rickard