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ForbiddenKnowledgeTV
Alexandra Bruce
June 11, 2014
If you want to be prepared for the potential collapse of the dollar and all Fiat currencies with it, here’s your chance.
This interview is by USAWatchdog.com’s Greg Hunter, with the author of two New York Times Bestseller books, James Rckards. His newly-published book is called ‘The Death of Money’ and of his similarly-bestselling previous book, published in 2011 is ‘Currency Wars’.
Rickards is an American lawyer, economist, and investment banker who has has been advising clients of an impending financial collapse, a decline in the dollar, and a sharp rise in the price of gold for years. He says the financial collapse will happen, but he is not sure when it will come. Rickards explains, “It is the thing you won’t see coming that will take the system down. Things happen much more quickly than what investors expect.”
Rickards adds, “What will happen in gold is that it will chug along and then all of a sudden–boom. It will be up a $100 an ounce, and then the next day it will be up another $200 an ounce.
Then everyone will be on TV saying it’s a “bubble’.
Boom. It’s up $300 an ounce and, before you know it, it will be up $1,000 per ounce.
Then people will say, “Gee, I better get some gold”, and they’ll find out they can’t get it, because the big guys will get it…central banks and sovereign wealth funds will be able to get the gold. The typical investor will run down to the coin shop and they will be sold out, and the US Mint will say, ‘Sorry, we’re not shipping’.
You’re going to find out you can’t get it, because the whole thing is set up [to create] massive shortages in supply.”
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