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

*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