{"id":25141,"date":"2017-09-01T19:29:02","date_gmt":"2017-09-02T00:29:02","guid":{"rendered":"http:\/\/olduvai.ca\/?p=25141"},"modified":"2017-09-01T19:29:02","modified_gmt":"2017-09-02T00:29:02","slug":"rickards-there-are-three-things-going-on-with-gold-right-now","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=25141","title":{"rendered":"Rickards: &#8220;There Are Three Things Going On With Gold Right Now&#8221;"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.zerohedge.com\/news\/2017-09-01\/rickards-there-are-three-things-going-gold-right-now\">Rickards: &#8220;There Are Three Things Going On With Gold Right Now&#8221;<\/a><\/h3>\n<section class=\"messages-holder\"><\/section>\n<section class=\"node node-type-story node-full node-nid-602755 ads-injected\">\n<div class=\"content\">\n<p>Jim Rickards joined Kitco News and Daniela Cambone to discuss the latest news and analysis from <strong>gold markets, geopolitics and even bitcoin<\/strong>. \u00a0The Wall Street veteran took on the bigger picture facing metals investors and what could be just around the corner in a bubbling market.<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2017\/08\/31\/20170901_rick.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2017\/08\/31\/20170901_rick.jpg\" width=\"560\" height=\"324\" \/><\/a><\/p>\n<p><em><a href=\"https:\/\/dailyreckoning.com\/author\/jrickards\/\" target=\"_blank\" rel=\"noopener\">Jim Rickards<\/a>\u00a0is the editor of Strategic Intelligence and is the New York Times best-selling author of\u00a0<a href=\"https:\/\/pro.agorafinancial.com\/m\/684130\">The Road to Ruin<\/a>. Rickards\u2019 worked on Wall Street for decades and has advised the U.S intelligence community on international finance, trade and financial warfare.<\/em><\/p>\n<div class=\"max-width-video-wrapper\">\n<div class=\"fluid-width-video-wrapper\"><iframe loading=\"lazy\" id=\"fitvid929182\" src=\"https:\/\/www.youtube.com\/embed\/kvGSUEgk2-Q\" width=\"300\" height=\"150\" frameborder=\"0\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/div>\n<p>When asked<strong> why certain geopolitical tensions have greater impacts on gold and hard assets than others <\/strong>Rickards remarked, <strong>\u201cThere are two things going on,<\/strong><\/p>\n<blockquote>\n<p class=\"excl\">&#8220;&#8230; <strong>first is that the North Korean missile threat goes from high tension to back down again.<\/strong> This is a very serious threat and we are headed for war with North Korea. While I don\u2019t know what it will take to not just get gold to go up but stocks and other sectors, <strong>ultimately markets are going to be impacted.\u201d<\/strong><\/p>\n<p class=\"excl\">\u201c<strong>People seem to have very short attention spans but that\u2019s not how to think about it.<\/strong> It\u2019s possible to see that Kim Jong-un is not deviating from his path to get nuclear weapons, the U.S will not allow it. There\u2019s no middle ground there. It would be great if we could have diplomacy. I think we should also ratchet up sanctions on China. But I don\u2019t see either of those happening.\u201d<\/p>\n<p class=\"excl\">\u201c<strong>Don\u2019t underestimate the extent to which gold is being impacted by hedge funds, <\/strong>leverage players, and others that are in the mix for the current high in gold. They don\u2019t really care if it is gold, soybeans, etc. but it is simply another commodity. They receive a nice profit with tight profits, tight stops.\u201d<\/p>\n<\/blockquote>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Rickards: &#8220;There Are Three Things Going On With Gold Right Now&#8221; Jim Rickards joined Kitco News and Daniela Cambone to discuss the latest news and analysis from gold markets, geopolitics and even bitcoin. \u00a0The Wall Street veteran took on the bigger picture facing metals investors and what could be just around the corner in a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[15174,11023,374,13599,15837,860],"class_list":["post-25141","post","type-post","status-publish","format-standard","hentry","category-economics","tag-craig-wilson","tag-daily-reckoning","tag-gold","tag-james-rickards","tag-kitco-news","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25141"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25141\/revisions"}],"predecessor-version":[{"id":25142,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25141\/revisions\/25142"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}