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Jim Rickards Exclusive: Dollar May Become “Local Currency of the U.S.” Only

24-6-2017 < SGT Report 68 215 words
 

by Mike Gleason, Money Metals:


Coming up we’ll hear part one of an amazing two-part interview with Jim Rickards, author of Currency Wars, The New Case for Gold and The Road to Ruin. Jim shares his insights on the Fed’s supposed plan to unwind its balance sheet and what it will mean for the economy and for gold prices. He’ll discuss some potential fireworks involving the U.S. dollar as it continues losing its reserve currency status. Don’t miss a must-hear interview with Jim Rickards, coming up after this week’s market update.


Beaten down gold and silver markets showed signs of recovering late this week as prices have risen above recent lows. Mining stocks are rallying strongly, pointing to upside potential for metals in the days ahead.


As of this Friday recording, gold prices come in at $1,256 an ounce, unchanged since last Friday’s close. The silver market is also flat on the week with spot prices currently coming in at $16.74. Platinum is off very slightly at $932 an ounce. While palladium, which was outperforming again through Thursday close when it posted a new high for the year, is off 2.5% so far today and is now down 0.5% overall this week to trade at $869.


Click HERE to Listen

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