TIP 081: Jim Rickards - China, Banking, & The New Case for Gold (Part 1 of 2)

IN THIS EPISODE, YOU’LL LEARN:

How Jim Rickards felt when he was the principal negotiator for Long Term Capital Management that collapsed in 1998 and lost $4 Billion dollars.

Why the current banking situation is worse today than in 2008.

Why China is the biggest buyer of gold in the world and why it’s a hedge against US inflation.

Why you may want to hold 10% gold in your portfolio.

If billionaire Kyle Bass made a mistake by shorting the Chinese Currency.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.

Jim Rickards’ book: The New Case for Gold – Read reviews of this book.

Jim Rickards’ website.

Jim Rickards’ book: Currency Wars – Read reviews of this book.

Roger Lowenstein’s book: When Genius Failed – Read reviews of this book.

Nassim Taleb’s book: The Black Swan – Read reviews of this book.

Related episode: Jim Rickards (Part I) Central banking, taxes, and crypto - TIP190.

Related episode: Jim Rickards (Part II) AI, Global finance, and crypto - TIP191.

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Release date

Lydbog: 10. april 2016