Incredible Interview with Jim Rickards

Readers of this site will recognize many of the themes Rickards discusses. Still, its amazing to hear it from him. Those themes are:

• Long term interest rates will not be allowed to rise.
• We are in a depression, not a recession.
• Depressions require structural reforms not more liquidity.
• Fed policy (QE) is following Japan's previous decades with the same results.
• The Dollar as a world reserve currency will not last.
• A rise in gold will happen eventually with either inflation or deflation.