The Coming Financial Crisis and the Return to Gold

The Federal Reserve has undoubtedly expanded the Fed balance sheet to record levels through printing trillions of dollars during the pandemic, but the full effects are still unknown. Today’s guest says the pandemic has created a multi-generational shift in the economy and he believes the pandemic is not going away anytime soon. As a result, he’s making a prediction for gold to hit 15k by 2025.  Listen as James Rickards, former national security advisor for the Pentagon and the CIA, gives his insights and predictions for the following topics:  What does the rising price of gold mean?  Why is Buffett selling bank shares and buying Barrick gold? What’s the difference between bonds and gold?  Inflation vs. deflation; the velocity of money Hosts Robert and Kim Kiyosaki and guest James Rickards discuss the current state of the global economy and why he believes we are headed for a major global financial crisis in the near future that will be greater than 2008. Visit www.jamesrickardsproject.com Follow Jim on Twitter @jamesGrickards Follow on Facebook: @jamesGrickards Watch Jim’s YouTube Channel: The James Rickards Project Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Beat conventional advice on personal finance, investing, and business with the author of Rich Dad Poor Dad, Robert Kiyosaki. Get ahead with his pull-no-punches style of challenging the advice we’ve all been given on money, investing, and the economy. Frustrated and frightened by the financial advice being given by the mainstream talking heads, Robert Kiyosaki sits down with professionals from the world of money, investing, business, and personal development. Listeners will be provided various viewpoints on how to set themselves up for financial success. If you’re looking for get-rich-quick tips and tricks to investing, move on. Listeners dedicated to the craft of finance and a better life, subscribe! New podcasts released weekly!