Jim Rickards` Impact SystemIs anyone familiar with this new pitch from Jim Rickards? He says it is a new way to make money that does not involve forex or stock trading!
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Some of Mr. Rickards arguments regarding the price of Gold make sense – however, his timeframe not so much. Undoubtedly at some point Gold will go to $10K per oz. one but the question is when? Other predictions such as the Dollar declining because the Yuan it is now part of the SDR’s just do not make sense. SDRs are not a living currency and thus the addition of the Yuan to the basket should have no impact at all on the Dollar. Additionally, I have my doubts that SDRs will take over the Dollar as the de facto reserve… Read More »