The problem right now is that central banks have not normalized their balance sheet since 2009. They're trying, but it's not even close. If we had another crisis tomorrow, and you had to do QE4 and QE5, how could you do that when you're already at $4 trillion? They might have to turn to the IMF or SDR or to Gold. Then, if you go back to the gold standard, you have to get the price right. People say there's not enough gold to support a gold standard. That's nonsense. There's always enough gold, it's just a question of price.
A gold standard is the ideal monetary system for those who create wealth through ingenuity, entrepreneurship, and hard work. Gold standards are disfa… - James Rickards
A gold standard is the ideal monetary system for those who create wealth through ingenuity, entrepreneurship, and hard work. Gold standards are disfa…
- James Rickards
Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accou… - James Rickards
Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accou…
When you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government currencies and has… - James Rickards
When you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government currencies and has…
What does reflect reality very well is complexity theory, which comes from physics. I'm the one pioneering the idea of bringing it to capital markets… - James Rickards
What does reflect reality very well is complexity theory, which comes from physics. I'm the one pioneering the idea of bringing it to capital markets…
The problem right now is that central banks have not normalized their balance sheet since 2009. They're trying, but it's not even close. If we had an… - James Rickards
The problem right now is that central banks have not normalized their balance sheet since 2009. They're trying, but it's not even close. If we had an…
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