Jim Rickards on European Sovereign Debt Crisis, Euro And Gold ! ‘The Countries Are Held Hostage By The Banks!’
[youtube=http://www.youtube.com/watch?feature=player_embedded&v=y0b2bEY8_iw]
- Jim Rickards: “As paper currencies collapse you have to go back to a gold stanndard !… implied price (for gold) is US$7000/oz”
end