Jim Rickards: Banking Crisis, Fed, Gold, and the Crypto Market
Stansberry Research, Released on 5/25/23
The historic few weeks that led to three of the largest bank failures in U.S. history have quickly become a secondary headline. But today, we're going back there. On this episode of Making Money With Matt McCall, Matt welcomes investment legend Jim Rickards. Matt picks Jim's brain on everything going on in the financial industry. Jim points out that some key headlines are misleading - and explains why he believes the carnage isn't over yet. But that's not all. They also talk about the Fed, gold, and the crypto market. Matt and Jim don't agree on everything... But it's always good to hear opposing viewpoints on the market.
00:00 Recap of banking crisis14:29 Large banks vs. smaller banks16:33 Gold/silver19:21 Reserve currency vs. payment currency28:15 Bitcoin
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
Jim Rickards: Banking Crisis, Fed, Gold, and the Crypto Market added by Herman James on 05/24/2023View all posts by Herman James ?+'