The New Case for Gold: An Interview with Jim Rickards

from FTMDaily



Christian economist Jerry Robinson discusses “The New Case for Gold” and other issues with popular economist and NYT best-selling author, Jim Rickards.

They say gold is a “barbarous relic.”
They say there isn’t enough gold to support finance and commerce.
They say the gold supply can’t increase fast enough to support world growth.

According to Jim Rickards, they’re wrong. In his new (not-even-released yet) book, The New Case for Gold shows why.

In this interview, Rickards asserts that:

– The next financial collapse will be exponentially bigger than the panic of 2008.

– The time will come, sooner rather than later, when there will be panic buying of gold, and only central banks, hedge funds, and other big players will be able to buy any gold at all.

– It’s not too late to prepare ourselves as a nation: there’s always enough gold for a gold standard if we specify a stable, nondeflationary price.
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