Maneco64, Released on 3/18/20
Today I talk with Jim Rickards about the current meltdown in the financial markets and ask him how close we are to what he described as Ice-Nine in his book Road to Ruin. We also touch upon what we could expect in terms of a new monetary architecture for the world after the inevitable meltdown of the current post-Bretton Woods Petrodollar system. Jim’s conclusion is those countries that hold the most gold will be at the head table in charge of drawing up a new monetary system.
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, as well as Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos.