Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Jim Rickards: FedRes Desperate for Inflation Bullish for Gold

March 25, 2019 by mosesman

  • Jim Rickards: FedRes Desperate for Inflation Bullish for Gold
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Four time best-selling author Jim Rickards says the Fed “throwing in the towel” on rate hikes is signaling a big problem for the economy. Rickards says, “The Fed was tightening to get ready for the next recession. . . . You need to cut interest rates somewhere between 4% and 5% to get out of a recession. How do you cut interest rates 4% if you are only at 2.25%? The answer is you can’t. You have to get to 4% before you can cut 4%, and that’s what the Fed was trying to do. . . . How do you raise rates in weakness to get ready for the next recession without causing the next recession that you are preparing to cure? That was the conundrum. I never thought they would get it right . . . and, as of now, it looks like they didn’t get it right. Meaning, they tightened so much to get ready for the next recession they slowed the economy.”
    –
    Rickards says, “Bernanke painted them into a corner, and they can’t get out. There is no escape from the room. By the way, one of the reasons gold is preforming so well, the Fed has proved that they can’t get out of this. They got into it, but they can’t get out of it because every time they try, they sink the stock market. They sink the housing market. They raise the specter of recession. They slow economic growth. They don’t want that. So, they sort of pause and maybe tiptoe back into it, but they really can’t get out of it.”
    –
    On gold, Rickards says, “People always say there is not enough gold to support commerce and trade and the money supply. I always remind them that is nonsense. There’s always enough gold, it’s just a question of price. At the current level of around $1,300 per ounce, that’s too low. . . . What price does (support commerce and trade)? So, if you take . . . supply and say back it by 40%, divide by 33,000 tons, that comes to $10,000 per ounce. Could it be higher? Sure . . . if you used a larger money supply, you would need a higher price. If you would use a larger percentage . . . that would be a higher price. If you do that math, you can get to $40,000 per ounce easily. I want to make this clear. These are actual calculations based on actual numbers that are publicly available for money supply. It’s not made up. It’s not science fiction. It’s just a simple question. If you wanted to go to a gold standard today without causing deflation, given the amount of gold and given the amount of money, what would the price have to be? The answer on some very conservative calculations would be $10,000 per ounce. . . . The time to buy gold is when sentiment is low and people hate it. . . . So, the bull market is intact.” We are in the fourth year. Bull markets start off slow because of all the bad sentiment, but then they gather momentum. So, it’s still not too late to jump on this train, and my expectation is this will pick up. . . . The signal the gold market is getting right now is the Fed is throwing in the towel. . . . They made some headway, but it came at a high cost because they slowed the economy . . . and they can’t continue. . . . Now, they are going to be desperate for inflation, and that is very bullish for gold.”
    –
    Join Greg Hunter as he goes One-on-One with best-selling author James Rickards as he prepares for the release of his next book called “Aftermath: Seven Secrets of Wealthy Preservation in the Coming Chaos.”

end

Post navigation

Previous Post:

Gold & Other Treasures to Store Before the Collapse | Lynette Zang

Next Post:

Middle East: Israel’s Trump Recognition of the Golan as a Prelude to the Annexation of the Palestinian Territories

Pages

  • About

Recent Posts

  • Scott Ritter: US Used Nuclear Talks to Set Up Israeli Strike on Iran | APT
  • ‘UNSPEAKABLE’: Iran Hits Israel with Three Waves of Counter Strikes
  • This Ends in Chaos: Bloodshed and Revolution in Coming Debt Collapse
  • “Israel is DESTROYING Itself by Attacking IRAN And Millions Could Die” Col. Douglas Macgregor
  • Israel Strikes Iran; Leftists Wage War Against America | Steve Quayle Joins Doug Hagmann | June 12, 2025
  • US War-Hawks ESCALATE: Neocons Make Pacific War Inevitable | Dr. Warwick Powell
  • (STAGED). A NEW WAR TO DISTRACT THE WORLD. Mannarino
  • The Middle East War – 2025
  • US Struggles to Sell $119 Billion in Bonds: The Most Dangerous Bond Auction has Begun!
  • Netanyahu ‘Shifts Blame’ To Trump’s, Exposes U.S. Hand Behind Israel’s Attack On Iran
  • “This Changes Everything” – Scott Ritter Says Israel’s Strike on Iran Could Spark Global War
  • This Debt Chart Proves We’re Near The End! #Debt #GDP
  • Next Shock Will Be Job Loss: Brace for Market Wake-Up Call by Fall | David Rosenberg
  • Chinese Exporters Are on the Brink of Bankruptcy. The US-China Tariff Talks Offer No Lifeline.
  • No Way Back — China’s Collapse Can’t Be Stopped, and the World is Watching
  • Expect $60-$70 Silver 3-5 Months | Michael Oliver
  • Gold and Oil Spike Higher as Israel Bombs Iran. World on the Brink of Major Conflict.
  • US-Israeli Deception Gave Iran False Security Amid Washington Green Light
  • Major Iranian Missile Impacts On Israel; IAEA Warns Radioactive Contamination Observed At Natanz
  • ⚡BREAKING: Nuclear EMERGENCY in Iran, Nuclear Bomb Test POSSIBLE, Russian GENERALS WARNING
  • Israel Under Attack LIVE I Iran’s Missile Barrage Smash Iron Dome; Tel Aviv Shakes, Israelis Flee
  • Mohammad Marandi: Iran to HIT BACK Hard for Israel’s Attack, US Must GET OUT NOW
  • Tel Aviv Faces Worst Of Iran Missile Attack; Building Destroyed, Chaos, Panic All Around; 60 Injured || IDF Says ‘All of Israel’ Facing Iranian Missile Attack
  • Israel Under ‘DOUBLE ATTACK’: Houthis Fire Missiles At Israel, ‘Avenges’ Iran After Op Rising Lion
  • HUGE! Tehran ‘Downs’ 2 Israeli F-35 Jets; IDF Female Pilot Captured Claims Report; IDF Denies
  • Iran Ballistic Missiles Slam Into Israel As Tehran Fires 200 Projectiles In Huge Revenge; Casualties
  • Iran Missiles Successfully Hit All Major Israeli Cities | Operation True Promise III Biggest Attack
  • ‘Wipe Out Tel Aviv NOW…’: Khamenei’s TERRIFYING Order Viral As Iran Rains 100+ Drones On Israel

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
March 2019
M T W T F S S
« Feb   Apr »
 123
45678910
11121314151617
18192021222324
25262728293031
© 2025 Socio-Economics History Blog | WordPress Theme by Superbthemes