Jim Rickards: New BRICS currency, US election and current political climate

In Gold We Trust, Released on 9/14/23

Join us for our Q3- 2023 Advisory Board Call featuring our special guest Velina Tchakarova. Ronnie and Mark are also joined by regular board member Jim Rickards for an epic discussion about geopolitics, geoeconomics, BRICS, the war in Ukraine, the global showdown of China vs. the US, a potential new currency linked to gold, the current state of US in the run-up to the election and more!

Velina and Jim discuss:

  • The BRICS conference and the geopolitical and economic impact of the BRICS formation.
  • New BRICS members and what that might mean for the larger geopolitical chessboard.
  • A possible new BRICS currency and how it could be linked to gold.
  • The current status of the war in Ukraine and what factors might lead up to an eventual outcome.
  • China’s greater political strategy through the SCO and the Belt and Road initiative.
  • The uncertainty in the US political landscape and how it might impact world affairs.

00:00 Introduction
06:36 BRICS Conference
21:33 New BRICS Currency
45:00 Velina’s take on the BRICS Currency and geopolitical implications
1:02:58 US election and current political climate
1:11:54 Final thoughts

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 The New Great Depression: Winners and Losers in a Post-Pandemic World.

Ronald-Peter Stöferle is Managing Partner and Fund manager at Incrementum AG, based in the Principality of Liechtenstein. The company focusses on asset management and wealth management and is one hundred percent owned by its partners. Ronald manages a fund that invests based on the principles of the Austrian School of Economics.

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