Jim Rickards and Egon von Greyerz

Time for another educational video. Jim Rickards (author of The New Case For Gold) and Egon von Greyerz (Founder and Managing Partner of Matterhorn Asset Management AG and GoldSwitzerland) discuss the likelihood that an ounce of gold could be worth $10,000 in a few years.

A rise in price like this would be more indicative of a loss in value of the dollar. It’s not that gold is becoming a more expensive commodity (although …

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Global Debt

Japan’s Prime Minister, Shinzo Abe, has  warned his G7 counterparts today that the world may on the brink of a global financial crisis on the scale of what happened with Lehman Brothers in 2007.

His warning appears to not have been heeded as there was no mention of a potential risk of a global economic crisis in a communique issued by them as their summit wrapped up today in Japan.

Diversification remains the key to …

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