James G. Rickards is the editor of Strategic Intelligence, the newest newsletter from Agora Financial. He is an American lawyer, economist, and investment banker with 35 years of experience working in capital markets on Wall Street. He is the author of The New York Times bestsellers Currency Wars and The Death of Money. Jim also serves as Chief Economist for West Shore Group.
By James Rickards
Posted June 30, 2016
“Experts” argue that there isn’t enough gold in the world to support the global financial system, that gold doesn’t grow quickly enough to support world trade, and gold has no yield, making it a poor investment. These three gold myths are going to crush bears when the next global financial crisis takes place. When people lose confidence in the international monetary system and paper dollars become worthless, gold will reign as the only true currency.