Jim Rickards: Gold in first stages of a new multi-year bull market?
Topics Include:
*Central Banks have bought more gold than UST's since 2013*Why we are potentially on the cusp of a new set of rules for the international monetary system*Financial elites with the IMF and the Fed have said that the international monetary system is incoherent...there is no anchor*What Central Banks shifting from net sellers of gold, to net buyers of gold is signalling*Why the United States has not sold any significant amount of gold since 1980*History of the US influencing other sovereigns to sell their gold reserves*Significance of Central Banks now buying gold as preparation for a new set of rules for the international monetary system*Why gold may be in the first stages of a new multi-year secular bull market
Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pentagon. A frequent guest on financial news programs, Rickards is also the author of The New York Times bestselling novels Currency Wars: The Making of the Next Global Crisis
