Gold Note No. 8

The recent drop in gold prices is attributed to expectations of inflation due to more deficit spending. Higher interest rates are anticipating inflation, but the inflation is a mirage The worst situation for gold is the one we have now where rates are going up, but there's no actual inflation. If inflation does not appear, then rates will come back down and gold will rally. But, if there is inflation, gold will go up because it always does in inflation. Gold wins either way.

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Jim Rickards’ Gold Speculator with Dan Amoss


Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Crash Speculator, Gold Speculator and Tactical Currency Profits. An Ex-CIA insider, he is also an American lawyer, economist, government advisor and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the...

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