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FSN: James Rickards: ‘Gold Never Changes Its Value,’ Currencies Do
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by John Morgan
Money News
The price of gold is always in an uptrend somewhere in the world, and investors can profit by combining a gold and currency strategy, according to James Rickards, senior managing director of Tangent Capital Partners.
Rickards, author of the bestseller “Currency Wars: The Making of the Next Global Crisis,” told Bloomberg TV that gold is up 25 percent in the last three months — but only if you bought it in Japanese yen.
“Gold is always rallying somewhere; right now it is rallying in yen. It you want to be fancy, you are short yen and buy gold,” he said.
Continue Reading at MoneyNews.com…
2013-04-11 13:32:06
Source: http://silveristhenew.com/2013/04/11/james-rickards-gold-never-changes-its-value-currencies-do/
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