Jim Rickards – X, Released on 8/20/24
Gold at another all-time high, around $2,560 per ounce. As I've said before, that tells you little about gold and everything about the dollar. EUR/USD and USD/JPY are just passengers on the same sinking ship. Gold is the ocean, the real measure of things. pic.twitter.com/jb76inWDX4
— Jim Rickards (@JamesGRickards) August 20, 2024
Jim Rickards is a lawyer, investment banker and economist with over thirty years’ experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pentagon. A frequent guest on financial news programs, Rickards is also the author of The New York Times bestselling novels Currency Wars: The Making of the Next Global Crisis and The Death of Money. His latest book is Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.