Jim Rickards: How to make a fortune before 2018

[allthingsluxury]

Jim Rickards confronts the James Bond conspiracies and reveals how to make a fortune through crises, crashes, gold, stocks and a Donald Trump victory. Recorded at Sydney’s Custodian Vaults with The Capital Network’s Lelde Smits.


Click here to watch this video:

http://jimrickards.blogspot.ca/2016/11/jim-rickards-how-to-make-fortune-before.html

[iamnotback]

At 6:30 minute he predicted gold would rise $100 if Trump won.

Well I also predicted Trump would win and even wrote a detailed blog on why.

And I also wrote extensively about that gold had peaked at $1362 and would crash after the coming Trump victory, and head towards $1050 and probably a low of $850.

It is all in the Martin Armstrong thread.

Rickards is correct about the coming monetary reset, but he is wrong about gold in the near-term. Again everything  you need to know is in the Martin Armstrong thread.

Continue to ignore me at your peril. And that includes the Bitcoin killer altcoin I will soon be launching.

(Note I also predicted the recent rise of Bitcoin from mid $600s to high $700s. I also predicted the rise of silver from $20s to $48 and fall back to $20s back in 2010 many months before it happened. That was published on marketoracle.co.uk. I also predicted the fall of Bitcoin from the $700s to $300 and then the $150 low.)

[michkima]

In my opinion, these kinds of guys are the best con-artists the world has ever seen. Most of the time they predict something they think will happen. If it doesn't, they explain why it didn't happen then move on and make new predictions. Then if they do get it right, this is where they shine! They brag about and go "I told you so." They go strutting around and say they are the gods of predicting the future and people believe them. People even pay to see them and hear them talk rubbish.

[yayayo]

At 6:30 minute he predicted gold would rise $100 if Trump won.

Well I also predicted Trump would win and even wrote a detailed blog on why.

And I also wrote extensively about that gold had peaked at $1362 and would crash after the coming Trump victory, and head towards $1050 and probably a low of $850.

It is all in the Martin Armstrong thread.

Rickards is correct about the coming monetary reset, but he is wrong about gold in the near-term. Again everything  you need to know is in the Martin Armstrong thread.

Continue to ignore me at your peril. And that includes the Bitcoin killer altcoin I will soon be launching.

(Note I also predicted the recent rise of Bitcoin from mid $600s to high $700s. I also predicted the rise of silver from $20s to $48 and fall back to $20s back in 2010 many months before it happened. That was published on marketoracle.co.uk. I also predicted the fall of Bitcoin from the $700s to $300 and then the $150 low.)

So it boils to the statement that Jim Rickards is a wrong prophet, but you are the right one?

When it comes to finance I generally don't follow any advise from self-proclaimed financial gurus. So I will ignore both Jim Rickards and you with your "Bitcoin killer altcoin".

But in my opinion it makes sense that precious metals and Bitcoin will increase in fiat valuation in the long term. What happens in the short term is not relevant for me, since I'm a patient guy. Fiat currencies are being inflated to death by central banks in their futile effort sustain the fiat debt based ruling class. This will inevitably lead to significant loss of purchasing power of fiat currencies.

ya.ya.yo!

[chesatochi]

I think is better not to listen to those type of guys, because I don't think is a real investment strategy. I prefer to buy what I think is good and keep and hold my position for the long term. In the long run, I think you can lose more money if you follow con artists advise.

[U2]

Lol he has about as much education as anyone else making these claims. If he actually had a fortune he wouldn't be making stupid videos about this garbage! It's just educated guesses. Who can't make those?

[@prashant]

Lol he has about as much education as anyone else making these claims. If he actually had a fortune he wouldn't be making stupid videos about this garbage! It's just educated guesses. Who can't make those?

Your point is correct ,it is easy give speech to other rather than implementing it.there are plenty of these guy who think themself similar to genius or expert in field and are boasting about themself only.

[tabnloz]

Lol he has about as much education as anyone else making these claims. If he actually had a fortune he wouldn't be making stupid videos about this garbage! It's just educated guesses. Who can't make those?

Rickards isn't some random hack making self promoting claims. Experience and 'education' wise he is very well qualified. Currency Wars has acted as a play-by-play blueprint for how things have gone over the last 5 years. Is he right about everything? No, not at all, but he has been very good. No one has a crystal ball. But I can say he was spouting about the Yuan in the SDR basket way before everyone else and the implications this has going forward (ie China will mostly play ball before the inclusion)

Rickards is a gold guy, and his main thesis of a monetary reset concludes with gold regaining prominence; one of his main points is that inflation can be conjured up overnight simply by repricing gold much higher, but this is not the way elites want to do it. For me I take the theme ( a monetary reset is coming, current models are inadequate etc etc) and follow that, remove the gold bias. Not that I don't have some gold as insurance. And JR dislikes bitcoin like only a goldbug can (its digital not physical etc, can be hacked blah blah) but I don't, so I involve buying bitcoin as a hedge against a monetary reset.

The tl:dr is you don't have to agree with his biases but at least consider the wider themes being talked about. His new book (although I have not read it) is about the next step the elite policy makers will take: war on cash, negative rates, bail ins etc etc. It is already happening. Much the same goes for Armstrong - you can shout about his short term calls being off but he was the first I know of to say 1) the next crisis will be a sovereign debt one and 2) the 2016 election will see an outsider win.

[MingLee]

He has some of the right ideas, however, as mentioned with a lot of the other comments, not a ton of his predictions have come true based off of what he said in the video.

I think that he does represent the essence of a large amount of concepts that should be followed in any sort of uncommon opportunity, however I would like to see more of what he says, especially from the past, and compare it against what actually happened.

[pooya87]

He has some of the right ideas, however, as mentioned with a lot of the other comments, not a ton of his predictions have come true based off of what he said in the video.

I think that he does represent the essence of a large amount of concepts that should be followed in any sort of uncommon opportunity, however I would like to see more of what he says, especially from the past, and compare it against what actually happened.

these are all speculations and from what i have seen so far, most of them are usually hypes and they have some kind of hidden agenda.

and if you really think about it, no big player is willing or even care about others enough to reveal their strategies and what they really expect from market to the public so they can make anything out of their speculation!