Now, a Trade War — Is a Shooting War Next?

Trump is making a very big mistake by instigating a trade war.

https://dailyreckoning.com/now-trade-war-shooting-war-next-2/

Rising Economic Head Winds

https://dailyreckoning.com/rising-economic-head-winds/

Get Ready for ‘QT1’: A First Look at the Federal Reserve’s Hidden Policy

Jim Rickards is a stud--let's just get that out of the way.  He has the academic and government pedigree, but he is also street smart and clever to boot, as a hedge fund manager and former Wall Street attorney.  He's not a feckless bureaucrat by any stretch, often formulating a contrarian opinion divergent from Wall Street's echo chamber of group think.

The result is a straightforward, but insightful assessment of potential black swans, often combining theories of complexity and game theory.

https://dailyreckoning.com/quantitative-tightening-fed-hidden-policy/

The Golden Conspiracy

https://dailyreckoning.com/the-golden-conspiracy/

Transcript of Jim Rickards Interview, July 17, 2014

This is a long interview with Jim Rickards, but one of the most important and timely ones you will ever read.

http://www.anglofareast.com/transcript-of-jim-rickards-interview-july-17-2014/

Jim Rickards Interview, April 17, 2014

http://www.anglofareast.com/transcript-of-jim-rickards-interview-april-17-2014/

Some Kind of Financial Calamity Is Inevitable: Jim Rickards, Author, The Death Of Money

http://sprottglobal.com/thoughts/articles/some-kind-of-financial-calamity-is-inevitable-jim-rickards-author-currency-wars/

Jim Rickards Interview

http://www.anglofareast.com/transcript-of-jim-rickards-interview-march-19-2014/

Interview Jim Rickards On The Death Of Money

http://www.ingoldwetrust.ch/interview-jim-rickards-on-the-death-of-money

Rickards: The new balance of financial terror

http://www.darientimes.com/29678/rickards-the-new-balance-of-financial-terror/

Anglo Far-East Interview with Jim Rickards

http://www.anglofareast.com/transcript-of-afes-interview-with-jim-rickards-on-feb-11-2014/

Interview with Jim Rickards: Gold Set for Massive Rally

http://www.theepochtimes.com/n3/494029-interview-with-jim-rickards-gold-set-for-massive-rally/3/

Rickards: Gold Could Ultimately Surpass $9,000 an Ounce

http://www.moneynews.com/InvestingAnalysis/Rickards-gold-9000-China/2014/01/02/id/544820

"That really is the inverse of the collapse of confidence in the dollar. The Treasury, the Federal Reserve and other central banks will have to return to gold to restore confidence."

Physical demand for gold is extremely strong right now, while "the supply of gold is disappearing," Rickards notes.

The massive SPDR Gold Shares exchange-traded fund is selling gold, which is a bullish sign. "It's going straight to China, where it's being put underground and will never see the light of day for 300 years," Rickards states. 

"China is redefining the global gold market," he adds. It's purchasing all it can "overtly and covertly" through smuggling and military channels, Rickards says.

"We're set up for a huge technical rally. At some point you're going to want your gold, and it's not going to be around."

Joe Magyer, senior analyst at The Motley Fool sees another reason to purchase gold — the future threat of inflation.

"I think the time to be worried about inflation is the time when nobody else is worried, so that would probably be now," he says, according to CNBC.

"If you bought gold at $1,900 an ounce, I don't know why you wouldn't be very interested at $1,200 an ounce."

Jim Rickards: Don’t worry Wall Street, the Fed’s (still) got your back

http://finance.yahoo.com/blogs/daily-ticker/fed-to-wall-street--don-t-worry--we-ve-got-your-back-151902965.html

Currency Wars

http://www.cbc.ca/player/News/TV%2BShows/Lang%2B&%2BO'Leary%2BExchange/ID/2410924796/

Jim Rickards on Gold and the End Game

I would point to two very powerful examples to encourage investors to buy even in a declining environment, given the end game. You must keep your eye on the end game. The problem is, when the end game comes, you're not going to be able to get gold. It’s not a question of price anymore. You won't be able to get it.

Here are two examples. First of all, everything I just talked about has already happened. It happened in 1933. Between 1927 and 1932, the United States had 25 percent deflation, the only time in U.S. history anything like that has happened. Price levels dropped 25 percent. What did the U.S. government do? They revalued gold. They took it from $20 an ounce to $35 an ounce, which is a 60 percent devaluation of the dollar. They knew exactly what they were doing, and the reason they did it was not to reward gold investors. In fact, they confiscated the gold first! They took the gold at $20 and then re-priced it, because they knew what they were going to do. The reason they did it was because they wanted all commodity prices globally to go up.

Nothing happens in a vacuum. Nothing happens that's not part of a bigger picture.

The reason Roosevelt did that in 1933 is not because he wanted the price of gold to go up; he wanted the price of cotton, oil, steel, and coal etc. to go up. The minute he took gold up, from $20 to $35, it worked. We had a huge stock market rally in 1933, and the economy improved significantly from 1933 to 1936. That was a big recovery in the middle of a depression, but it was because they were successful in creating inflation by re-pricing gold, and everything went up. Then we went into a second recession in the Depression, 1937, which had a separate set of causes. My point being, this is not a theoretical exercise or fantasy. It's exactly what happened, and it'll happen again — not because I have a crystal ball, but because it's the only thing that works. If you get that kind of deflation, it means you've tried everything and failed, so you do the one thing that's guaranteed to work. Re-pricing gold is guaranteed to work.

If you wake up one day and gold is three times higher, expect to pay three times more for a quart of milk. It just means your money went down by two-thirds. By the way, the best performing stock on the New York Stock Exchange in the 1930s was Home stake Mining. The whole stock exchange went down, and the biggest gold mining company in North America went up for the same reason – because they were mining gold. So, number one, there is a concrete, historical example of this actually happening.

Example number two involves the biggest, smartest buyer in the world, which is China. They took 600 tons of gold from the Perth Mint at the lows of about $1,250 in June. They absolutely just drilled it. If you think China are dopes, then fine, but I don't think they're dopes. I think they know exactly what they were doing. When you see the biggest buyer in the world buying at the lows, you ought to think that maybe you ought to buy at the lows. In other words, buy the dips. That's what I do.

Every time I see gold at $1,200 or $1,320, I go out and buy some more, and when I have the opportunity, I just keep accumulating. Gold is going to go higher one way or the other, and when it comes, you actually might not be able to get the physical.

I agree that this is a hard sell, because people have very short attention spans. They focus more on nominal prices than real prices. Trying to sell people on something that might be going down is a tough sell, for very understandable reasons. You just have to say, hey, everything else you want might go down more! - Jim Rickards, interview with Anglo Far East

Jim Rickards: We're Witnessing One of the Greatest Failed Experiments in Economic History

http://www.peakprosperity.com/podcast/82998/jim-rickards-were-witnessing-greatest-failed-experiments-economic-history

Keiser Report: Deja Fraud

http://www.youtube.com/watch?v=iSntUK8oCWg&feature=youtu.be&t=12m25s

The Macro View: Gold for the long run

http://www.darientimes.com/20199/the-macro-view-gold-for-the-long-run/

Jim Rickards on gold at the Sovereign Man event in Chile

http://youtu.be/5TR6GRnD_gY