The Gold Chronicles: September 15, 2015 Interview with Jim Rickards

Jim Rickards, The Gold Chronicles Sept 2015:

*Jim is correct again on no Fed rate increase
*No rate increase through end of 2015
*What the Fed needs to do is ease
*Fed’s easing options moving forward: QE4, Forward Guidance, Helicopter QE, Negative interest rates, Next salvo in currency wars
*The time to raise rates in 2010 and have missed and entire rate cycle
*The Fed does not lead the economy, it follows it. Raising rates will not make the economy stronger
*Nominal interest rate versus real interest rate
*Real interest rates is what effects gold price
*The dollar price of gold is just the reciprocal of the dollar fluctuating in value
*China’s sale of US Treasuries is being absorbed by the market. Bernanke: The financial system is a closed circuit
*Financial warfare and risks in digital assets from cyber threats
*Conversations with the only man who has ever been the head of both the CIA and the NSA
*Cyber financial warfare attacks are the Precision Guided Munitions of future warfare
*Physical gold cannot be hacked
*World monetary system is described by financial elites as”incoherent”
*Voices joining in cautioning catastrophic collapse of intl. monetary system include BIS, IMF, G20
*If the Fed cheapens the dollar, it will likely raise the price of gold
*The challenge with issuing helicopter money is that you need the cooperation of treasury, Congress, and the executive office working together in order to do it

Learn more about Jim Rickards new book, The New Case for Gold at http://thenewcaseforgold.com/

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You can follow Jim Rickards on Twitter @JamesGRickards

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