March 2015 Interview with Jim Rickards Part 2 topics:
Depositors have taken it for granted that there is some kind of sacred agreement that deposits would be returned
Any deposit made with a bank is an unsecured loan to that bank
G20 Brisbane Summit communicated bail-in intentions
Physical gold outside the banking system is not subject to bail-ins
No Fed interest rate rise in 2015
23 Central Bank rate cuts in the last three months
This is currency wars on steroids
Investors are looking at Fed rate hike as potential yield, dump global currencies and buy dollars
Current deflation is crushing entities dealing with corporate debt denominated in USD
$9Trillion of USD denominated corporate debt globally held in countries where they cannot print dollars, they have to buy dollars to meet obligations
If the Fed raises rates it will be the ripple around the world that might cause a $20 trillion (with leverage) bubble to unwind
At this point Jim likes gold, cash, and 10 yr treasuries
Jims view on safety of money market funds
Negative interest rates, how low can they really go
Financial academics can do the math, but they cannot predict the psychology
How to know if your physical gold is outside of the banking system
Ratio of paper short positions versus real physical gold availability
Why Physical Gold Fund is Jim's favorite
How low can the Euro go
A stronger dollar is the same thing as a rate increase
Download the MP3 here:
[ Ссылка ]...
You can follow Alex Stanczyk on Twitter @alexstanczyk
You can follow Jim Rickards on Twitter @JamesGRickards
You can listen to the Gold Chronicles on iTunes at:
[ Ссылка ]
You can Listen to the Physical Edge on iTunes at:
[ Ссылка ]
You can subscribe for updates by email and download our podcasts at:
[ Ссылка ]
You can access transcripts of our interviews at:
[ Ссылка ]
By listening to this podcast or reading its associated transcript (collectively, this “Podcast”), you agree with the following.
This Podcast is not an offer to sell, nor a solicitation of an offer to purchase, any security. This Podcast is intended for general education and information purposes only, and may include broad discussions of markets, geopolitics, monetary policy, and geoeconomics. Nothing in this Podcast constitutes investment, legal or tax advice, nor an evaluation of or prospectus for any particular investment or market, including gold. This Podcast should not be relied upon to make any investment decision. You are encouraged to seek the advice of qualified financial, legal and tax advisors before making any investment decisions.
This material is provided on an “as is” and “as available” basis, without any representations, warranties or conditions of any kind. In particular, information provided by third parties in this Podcast has not independently evaluated or confirmed. Furthermore, we take no responsibility to update this Podcast to reflect any changes in any of the information presented. Physical Hard Assets Fund SPC and Physical Gold Fund, its officers, directors, employees or associated persons will not under any circumstances be liable to you or any other person for any loss or damage (whether direct, indirect, special, incidental, economic, or consequential, exemplary or punitive) arising from, connected with, or relating to the use of, or inability to use, this Podcast or the information herein, or any action or decision made by you or any other person in reliance on this information, or any unauthorized use or reproduction of this Podcast or the information herein.
Ещё видео!