Jim Rickards: Gold Price Action Straight From Jim Rogers’ Theory — Perfect Time Before $10,000

ITM Trading, Released on Released on 6/12/26

“No commodity goes to the moon without a 50% drawdown along the way.”

Gold is down 20% from its high as central banks sell to buy oil, but Rickards says this shakeout is the launchpad to $10,000.

00:00 – Gold Pullback: Why It’s Happening
08:17 – Gold’s Next Move: Bottom or Breakout?
17:58 – Will the Fed Hike Rates?
24:50 – Silver’s Next Moves

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 MoneyGPT: AI and the Threat to the Global Economy.

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