|James Rickards on Central Banks Obsession with Gold and Why more QE is Imminent!|
|Friday, 20 April 2012 13:00|
He advises the Defense Department, intelligence community, and all the big hedge funds.
James Rickards, author of Currency Wars, is calling for $7,000 gold!
Part 1 is focused on Gold manipulation and why gold plays such an important role in the world, even if conventional wisdom doesn't believe so, gold is not only being watched by central bankers, as Mr. Rickards put, "the gold price is being managed."
As most of you who are also GATA.org members know Bill Murphy is often quoted as calling it a "managed retreat."
Part 2 expands into the economy and probability of more quantitative easing (QE). According to Mr. Rickards, QE will come in the next few months because it can't be done this fall since it will look political, and if the FED tries to wait until December, it will be too late!
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