Thursday, May 13, 2010

Jim Rickards on KWN talks about the IMF meeting and a world currency


Eye opening interview with Jim Rickards as he talks about the IMF and their intention of issuing a "global currency" and questions their accountability. Jim also says that recent events are the catalyst for gold to hit $2,000/oz in the near term. LINK...

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Folks, after listening to Jim's interview it really sets the stage for much higher gold and commodity prices in general because when you realize that the financial system is just shuffling paper in different forms to drive the market it is like a house of cards. There is NO tangible value. We believe that people are starting to flock to REAL investments, that you can hold in your hand. Whether it's gold, silver, soybeans or timber people are looking for true value not just a piece of paper that is a promise to pay. GCC