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Rickards: This Is Gold’s Breakout Year; We're in the Third Bull Market

RT  ( Original )
FEB 1, 2018

"This is gold's breakout year. We are in the third bull market of my lifetime – and we have a very long way to run,” Rickards said.

Rickards eyes several possible catalysts for an explosion in the gold price:

  • A sharp fall in the USD
  • War threats from North Korea
  • Trade war with China
  • Trump impeachment proceedings

The last week’s increase was linked to a statement by US Treasury Secretary Steven Mnuchin, who said on two consecutive days that the US administration favors a weak dollar in trade. The dollar sank to a three-year low on his remarks.

ORIGINAL SOURCE: Gold price could smash $10,000 on crashing dollar & other factors – Jim Rickards at RT on 1/29/18