Jim Rickards - The US Treasury Shorts the Dollar
December 16 — With tremendous volatility in the gold market, today King World News interviewed KWN resident expert Jim Rickards, senior managing director at Tangent Capital Markets, to get his take on the situation. When asked about the gut-wrenching moves that have been dominating the gold market as of late, Rickards replied, “Well, I always think it’s important, Eric, to separate fundamentals and long-term trends. That’s one thing you have to understand and get right. But there are short-term technical factors as well. Gold responds to both. In the long-run the fundamentals will prevail, but in the short-run the technicals can definitely dominate and this was a week where the technicals dominated.” Read more.
