Sunday, May 6, 2012

Jim Rickards Interview

James Rickards is back with a new interview. Here are the highlights:

  • Obama doesn't understand economics.
  • Obama doesn't understand the importance of gold.
  • Central banks "manage" the gold price.
  • Gold is going to $5,000 to $7,000 in the next several years.
  • QE 3 is coming. Possibly as soon as May or June.

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