This clown says the same thing over and over and yet nothing he says happened but only the opposite. He said, FED won't raise interest rates, They did. He said gold will reach the moon, (10k$/ounce) it reached the earth core. (1120$/ounce now, will go lower)
I mean gold will its jump again in the future, but not today and i am pretty positive it won't happen soon.
He creates fake panic just to sell his books.
I mean gold will its jump again in the future, but not today and i am pretty positive it won't happen soon.
He creates fake panic just to sell his books.
Not totally true.
He has said the Fed missed their time to raise rates in 2011. Been saying this raise has been nailed on for a few months now so don't know where you are getting your info. It's pretty easy to find. Think he talked of a hike in June or Sept being certain but backed down a few weeks before saying the info he was getting suggested it was off.
With gold, I can see your point. Rickards has been pushing gold hard but always prefacing it by saying it could go down short term aswell (which it has). His 10k gold call is a nice TV number, reliant on a monetary reset where gold is repriced overnight either as a way to create inflation or to shore up a new system.
Have a read of currency wars, pretty much a blow-by-blow blueprint of how the last five years played out.
