Jim Rickards Says Brace Yourself for the New Great Depression; Strong Hands Watching Gold

In a liquidity crisis, everybody sells everything, explains best-selling Currency Wars author Jim Rickards. "But if you're losing money in stocks, people sell gold to make the margin calls," he says on why we may see dips in the gold price. "So, gold does go down, but strong hands are watching and they come in and buy."

Rickards is forecasting a major bullish forecast for gold. With prices closer to $15,000 an ounce, the yellow metal is currently trading around $1,900 an ounce. The author also speaks of the coming new great depression, which he says has risks of an increase in urban riots. "Everything that is happening now I forecasted," says Rickards.

Don't miss out on Steve Sjuggerud's latest update about where stocks are headed next! Sign up now! - https://signup.stansberryresearch.com/?cid=MKT495095&eid=MKT495872

Sign up today for the premier newsletter covering gold and gold stocks: https://stansberryresearch.com/products/gold-stock-analyst-pro
______________________________

Follow us on Facebook: https://www.facebook.com/StansberryResearch
Follow us on Twitter: https://twitter.com/stansberry
Follow us on Instagram: @stansberry_research
Follow us on LinkedIn: https://www.linkedin.com/company/stanberry-research

Видео Jim Rickards Says Brace Yourself for the New Great Depression; Strong Hands Watching Gold канала Stansberry Research