Jim Rickards: We’ve Reached Peak Inflation; The Real Risk in 2022 and Why Cash Is Critical

"Expect inflation to come down very quickly," due to incoming rate hikes expected from the Federal Reserve, says NYT best-selling author Jim Rickards. You could see severe, "tightening into weakness," with a potential of three rate hikes next year, he predicts with our Daniela Cambone during the premiere of this year's series, Outlook 2022: The Tipping Point. In order for gold to gain momentum and rise in price, "the dollar has to get weaker," he says. Having money on the sidelines is vital, according to Rickards, in order to be nimble into the coming year. When asked about the stored value of holding money in Bitcoin, he asserts that, "when you get to the center, the core of [Bitcoin's] apple there's nothing there."

#inflation #stocks #investing
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Видео Jim Rickards: We’ve Reached Peak Inflation; The Real Risk in 2022 and Why Cash Is Critical канала Stansberry Research