Rickards: Everyday Americans aren't buying gold... yet

Part 1 (part 2 below)

Can confirm this. We have seen several 9-figure sales lately to HNW investors. Crickets chirping for retail.

— Michael Maloney (@mike_maloney) October 29, 2024

Part 2

Whoomp, there it is! Gold hits $2,800. Great that Americans are not buying it. That means there's plenty of upside left when they finally see what's happening. pic.twitter.com/74lzGwX57R

— Jim Rickards (@JamesGRickards) October 30, 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.

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