Don't think he is right on that one either Julie. Printing dollars To buy gold I sn't going to cause much more inflation than printing dollars to buy bonds. In the thirties gold was money and in the seventies gold rose because of inflation not viceaversa. Edit I should point out I think they will eventually get the inflation they want but whether they buy gold or bonds seems immaterial to me.
Rickards is a spook in every sense of the term. Why people can't see through stuff is beyond me. He's about as untrustworthy as they come, he's a just another mouth piece to confuse the cannon fodder.
Oh Jim... It just got significantly worse. It goes on and on (for 5,600+ words with lots of ticks and pics) about how his wife invests all their money in this opportunity, it's better than gold and oil, all the big companies are investing with this guy Jim has known all his life etc etc... the guy is his son! And he's looking to raise $4m! To sell a waterfund.
