Interview with Jim Rickards – Cyber financial warfare, Fed balance sheet, gold price, windfall tax on gold

Jon Ward, Physical Gold Fund, Released on 3/17/16 (Recorded on 3/15/16)

Click Here to Listen to the Interview

Topics covered:

*Cyber financial warfare is a new factor that did not exist in 1980
*Fed balance sheet has a foundation of marked to market gold
*The Fed has a gold certificate issued to it by Treasury that is valued at the entire US Treasury gold position calculated at $42.20 per ounce
*Audio version of the new book read by Jim will be available on Amazon
*Expecting gold price to rise in all currencies
*Major central banks are acquiring gold, which will be the chips at the poker table when the monetary system is re-negotiated. Japan, UK, Australia will rely on the US position
*The non-deflationary price of gold under a new gold standard would be $10,000 per ounce or higher
*Expecting near zero interest rates for an extended period of time
*Windfall tax on gold would require an act of Congress – no expectation this is likely, if it happened there would be plenty of advance warning and time to reposition a portfolio

Click Here to Listen to the Interview

Jim Rickards is a lawyer, investment banker and economist with over thirty years’ experience in capital markets. He is currently Senior Managing Director at Tangent Capital Partners LLC. 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. Jim’s latest book, The New Case for Gold, will be released on April 5, 2016 and is currently available for pre-order.

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