Jim Rickards – X, Released on 8/1/24

Gold at a new all-time high, over $2,500 per ounce. That says very little about gold and everything about the dollar. It means the dollar is at an all-time low when a non-debt metric is used. Cross-rates tell you nothing intrinsic. Gold tells you everything you need to know. pic.twitter.com/uhcVNmkfhb

— Jim Rickards (@JamesGRickards) August 2, 2024

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 Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.

  dollar collapse, gold, us debt, us dollar