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Gold never settles. You just roll it over and roll it over,” says Jim Rickards, New York Times best-selling author. He tells Daniela Cambone that there isn’t enough physical gold to accommodate the paper gold transactions, which can be leased to numerous parties in a chain called “sales of unallocated gold.” “I own it on paper, but there’s no physical gold behind the contract,” he explains. However, he warns that if there were ever a run on the paper market, it would “break the market,” resulting in gold “quadruple almost overnight.” Watch the video to discover how you can protect your gold.

00:00 Tariffs
3:45 Fentanyl issue
7:07 Gold
12:43 Gold run
19:33 Gold buyers
24:23 Zelensky/Trump clash
28:29 World War III
31:13 Gold trajectory

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.

  gold, tariffs, Trump, World war 3