Jim Rickards: Stabelcoins “Dangerous” for Bond Market – $10,000 Gold Outlook

Bitcoin Magazine

Jim Rickards: Stabelcoins “Dangerous” for Bond Market – $10,000 Gold Outlook

Why could gold hit $10,000 sooner than most analysts expect? Jim Rickards says it is “fifth grade math”: going from $9,000 to $10,000 is only an 11% move, much smaller than the jump from $3,000 to $4,000. He also explains why central bank buying puts a floor under gold, and why a strong dollar and a falling gold price do not mean what the debasement crowd thinks.

Chapters:0:00 Jim Rickards and the 1998 LTCM Rescue0:31 What Breaks First: Why Crises Start a Year Before They Hit3:10 Where’s the Leverage? The Yen Carry Trade vs. Private Credit5:13 Gold as a Dollar Signal: Why “King Dollar”…

Read more on BitcoinMagazine

2.4K Reads