Peter Pham, The Big Trade, Released on 4/21/16
Jim Rickards, author of the well-known book “Currency Wars,” joins The Big Trade series for an enlightening conversation on the world’s foreign exchange markets. Peter starts the conversation by mentioning the chronological logic of Jim’s published books, from “Currency Wars” to “The Death of Money” and “The New Case for Gold.” Jim also shares with Peter the evolution of his ideas. The discussion quickly shifts to the role of gold as a reserve currency in the modern economy and Jim gives his predictions about global currency markets. The two then delve into the Fed’s solvency, Jim explains why the U.S. Treasury is holding a lot of gold and its potential impact on China. A discussion on the gold war between China and U.S. concludes the episode.
Jim Rickards is a lawyer, investment banker and economist with over thirty years’ experience in capital markets. He is currently Senior Managing Director at Tangent Capital Partners LLC. 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. Jim’s latest book, The New Case for Gold, was released on April 5, 2016.