Jim Rickards: 2020 US election winner & predictions for decade ahead

August 2020 - James Rickards is an economist, lawyer, currency expert and investment banker and the author of bestselling books. In his interview with The Capital Network’s Executive Director Lelde Smits Jim provides his predictions for the decade ahead and forecasts his pick for the 2020 US presidential election, claiming “I base this on good science and good statistics”.

Jim also predicts a depression ahead that will have intergenerational effects: “We will not recover 2019 levels of output until 2023, we will not recover 2019 low levels of unemployment until 2025”. Amid such conditions Jim provides his investment recommendations and ratios for holding physical gold bullion and cash, in addition to issuing a warning on which assets to avoid.

Chapters
0:00 Introduction
0:55 Gold predictions
2:47 US election
6:20 US economic crisis
7:45 Individual investors
8:34 Commercial real estate
9:02 Themes of 2020's
9:53 Recovery
10:56 Conclusion

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