When you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government currencies and has a powerful influence on interest rates and the price of government bonds. And that's why… — James Rickards Copy Share Image
The problem right now is that central banks have not normalized their balance sheet since 2009. They're trying, but it's not even close. If we had another crisis tomorrow, and you had to do QE4 and QE5, how could you… — James Rickards Copy Share Image
“If an economy has a stagnant labor force operating at a constant level of productivity, it will have constant output but no growth. The… — James Rickards Copy Share Image
“The 1962 Cuban Missile Crisis came well before the current age of AI, yet computers were in use and technology played a critical role… — James Rickards Copy Share Image
“It is one thing when prices drift downward over time due to innovation, scalability or other efficiencies. This might be considered “good” deflation and… — James Rickards Copy Share Image
“A country running deficits under the gold exchange standard could find itself like a tenant whose landlord does not collect rent payments for a… — James Rickards Copy Share Image
“This ... he largest financial bailout in history ... was not just a bailout of SVB [Silicon Valley Bank]. It was a bailout of… — James Rickards Copy Share Image
Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting. — James Rickards Copy Share Image
“Printing dollars at home means higher inflation in China, higher food prices in Egypt and stock bubbles in Brazil. Printing money means that U.S.… — James Rickards Copy Share Image
What does reflect reality very well is complexity theory, which comes from physics. I'm the one pioneering the idea of bringing it to capital… — James Rickards Copy Share Image
“On the whole, it is difficult to think of another government agency that has failed more consistently on more of its key missions than… — James Rickards Copy Share Image
“Elite support for so-called free trade is due to the fact that elites share a global perspective at odds with the best interests of… — James Rickards Copy Share Image
“The irony is that when you set out to remove bias you use your own possibly unconscious biases in deciding what's harmful and what… — James Rickards Copy Share Image
“The solutions to this systemic risk overhang are surprisingly straightforward. The immediate tasks would be to break up large banks and ban most derivatives.… — James Rickards Copy Share Image
“Policy makers respond to economic distress by pursuing polices designed to improve the data. After a while, the data themselves may come to reflect… — James Rickards Copy Share Image
When you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government currencies and… — James Rickards Copy Share Image
The problem right now is that central banks have not normalized their balance sheet since 2009. They're trying, but it's not even close. If… — James Rickards Copy Share Image
![“This ... he largest financial bailout in history ... was not just a bailout of SVB [Silicon Valley Bank]. It was a bailout of over fifty thousand SVB depositors with over $170 billion in deposits. It was a bailout of SVB's customers, it's employees, their suppliers, and the entire high-tech…” quote by James Rickards](https://sms4smile.com/quotes/img-quotes/385/james-rickards-25234_around-the-world_this-he-largest-financial-bailout-in-his_360776.jpg)
