Jim Rickards
the Euro Gold Standard
Jim discusses the economic connection between Italy and France and goes on to say that he is bullish on the Euro only because they have the second largest amount of gold behind the U.S. Jim Rickards "I don’t understand why the countries are being held hostage by the banks. I think they should turn that around… because nationalism and the people come first... PUT IT ON THE BOND HOLDERS NOT THE AVERAGE CITIZENS." Rickards holds his ground and does a nice job of using history as a reference on how the same mistakes will be made once again, much to the hosts dismay.
the Euro Gold Standard
Jim discusses the economic connection between Italy and France and goes on to say that he is bullish on the Euro only because they have the second largest amount of gold behind the U.S. Jim Rickards "I don’t understand why the countries are being held hostage by the banks. I think they should turn that around… because nationalism and the people come first... PUT IT ON THE BOND HOLDERS NOT THE AVERAGE CITIZENS." Rickards holds his ground and does a nice job of using history as a reference on how the same mistakes will be made once again, much to the hosts dismay.