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Rickards: Gold May Super Spike as We See the End of the Dollar

kingworldnews.com
JANUARY 27, 2012


Rickards: Gold May Super Spike as We See the End of the Dollar

With the Fed announcement sending gold and silver soaring higher this week, today King World News interviewed resident expert Jim Rickards.  Rickards has gained international recognition for his deadly accurate predictions regarding moves by central planners.  This is what Rickards had to say about the Fed’s press conference and what they are planning in the future:  “Well it really was an extraordinary press conference that the Chairman gave the other day.  This one was quite a fireworks show in terms of how Bernanke was, in effect, engaged in a massive disinformation campaign with reporters and by extension the American people, over the Fed’s true intentions.  I watched it and was really blown away by the tenor of it.”

 

Jim Rickards continues:

 

Bernanke made it crystal clear they were going to go to some kind of quantitative easing.  One of the reporters asked, ‘Do you worry that inflation may get out of control?’  The Chairman (Bernanke) responded, ‘We’re targeting 2% inflation.’  Of course, I don’t believe that.  My belief is they are targeting something like 4% or 5%.  

 
 

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