Gold Note No. 18

One should not be discouraged by the recent two drawdowns in gold prices. Instead, one should be encouraged by gold’s resilience as it has rebounded each time. Meanwhile the forces that will take gold higher including an emerging liquidity crisis, slowing GDP growth and falling interest rates are positioning gold and Treasury notes as the go-to assets in what could be a financial panic in the months ahead.

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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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