Jim Rickards : Probable QE4 To Flip Gold In 2015

so what does the best selling author of currency wars in his late at the death of money make of the current state of the gold market we have Jim Rickards joining us on the line now Jim sunglasses speak with you and get your thoughts on the current undertones we're seeing in the gold market at what do you make of what we're experiencing hear them question look to me a gold front of my gold is down in dollar terms of gold the euro and the Japanese yen to Chinese yuan currency in the world including goes in for money on down against the dollar so we have an extremely strong tower in all the alternatives including our way down now the question is how sustainable is this how long can this last a deflationary from a US prospectus is actually the worst nightmare the Fed needs inflation and they talk about 2% inflation station target accept other place like two and a half presence is going on the FOMC next year told me he liked like to see the central bank once inflation but they
can't get it gym now you've spoken passionately about the demise of the US dollar in fact it's been the focal point of all of your books given the recent highs were seeing do you still believe in its demise you think that the dollar simply overvalued right now the policy makers in the middle of the earth is on the self-sustaining path of pressure on your was clearly in trouble Japan life line of a strong dollar store dollar means a weekend and weak euro design stimulate our economy the problem is the US economy is not nearly as strong as they sell ice cream and Sun Life women have to pull it back so I can to Dollar Tree close to high goals right question it from low I look for all about to flip around next year probably beginning March 20th June as becomes apparent US Congress week maybe Huey 4 that's going to be very best of the dollar bills for gold price action on Friday we all kind of noodles are beanies forecast of $1,000 gold by 2015 and couldn't be right is that we're headed when you see prices are going down I asked myself what does it mean when you see gold going down so when you know the Fed once inflation and the market signals to tell you that deflation is winning the title more than you can bet that the Fed is going to try harder to get the inflation and what you want but they're not going to put trying so I tried but I will see that was a master blender is beginning in January have a double shift pharmacy​