Gold Note No. 11

No one plays the gold market better than the Central Bank of Russia. The allocation within its reserve position shows a near-perfectly hedged portfolio and its gold reserves gives a win to Russia whether the dollar devalues or not. Buying gold now at an attractive entry point will give you the same type of hedge that Russia enjoys now.

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Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Project Prophesy, Crash Speculator, and Gold Speculator. He is an American lawyer, economist, and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the rescue of Long-Term Capital Management L.P. (LTCM)...

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