“The world is getting closer to that end game every day,” says Rickards, who just finished writing the sequel to his bestselling Currency Wars.
Interview with bestselling author James Rickards.
A currency war is different from any other kind of conventional war in that the object is to kill oneself.
Right now, everyone is on the same side of the trade: long equities. This is dangerous…
A resolution of the euro problem likely will signal a weaker U.S. dollar and higher interest rates.
Contrary to popular belief, the problems in Europe are helping, not hindering, the U.S economy – at least in the short-term.
If one assumes as I do that no leader on either side of the Atlantic has the courage to face the music, then there can be little reason for optimism in 2012.
The argument for the dollar and against gold is simplistic, and I will evaluate it against the four-stage collapse I see ahead for the Western currencies.
The Fed’s policy to “keep interest rates low for an extended period,” will inflict untold harm on the U.S. economy.
I’m seeing signs that the world is moving back to gold at a breakneck speed.