Thursday, October 17, 2013

Fed Knows Gold Has To Go Higher


Kitco News was in New York City for Platinum Week and caught up with best-selling author Jim Rickards to talk the fed, gold and the international monetary system. According to Rickards, the Fed knows gold has to go higher but taper talks continue to put downward pressure on the yellow metal. Rickards expects the Fed to continue "tapering into weakness" and says there may even be a recession next year. Tune in now to hear his take on the global economy and hear more about his latest book entitled "The Death of Money & the Coming Collapse of the international Monetary System" due for release in April.

- Source, Kitco News: