Gold Note No. 16

Gold price have declined recently even with 10-year note yields declining as well. As rates continue to fall in the weeks ahead, the dollar will weaken and the dollar price of gold will recover. Gold will regain its attraction as a safe-haven asset in the face of multi-trillion-dollar fiscal deficits and multi-trillion-dollar money printing binges. Upward momentum feeds on itself in the same way as downward momentum.

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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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