“If you have to go back to a gold standard, yeah, $27,000 would have to be the [gold] price in order to avoid massive deflation,” says Jim Richards, New York Times bestselling author. He explains to Daniela Cambone that it’s “more likely” we will return to the gold standard as people lose confidence in fiat currency. Moreover, as the money supply skyrockets while the supply of gold remains the same, the price of gold is propped up. He also states the danger when Russia reiterates the West by suing Euroclear, the largest clearing, settlement, and custody organization in Europe.
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31 Comments
Anchor madam you don’t take it easy and ask tough questions . Else your credibility is at stake – no time horizon and wild guesses + you not ask on specifically may all end as mockery
US seizing Russian assets is the biggest reason for other countries lack of confidence in US.
Jewellers are sweating bullets right now
Where can you buy gold? …that you're sure is real gold?
Gold and silver are not gaining value its the fait currencies losing value.
Sure. This dude is crazy wrong all the time. No wonder they bounced him out of the CIA.
When you get too high on your prediction and realize live how crazy that prediction was lol
You're lucky to get $4,000 for a $20 US issue gold coin. It has a numismatic value of $5600. You must pay IRS tax on the proceeds, less cost.
Thanks very much Daniela for this valuable interview with Jim Rickards!
That's just amazing that you had this interview a year ago, and the current price is 4116 which pulled back from 4300s for now. Thanks a lot again!
The Gold standard is back
What's weird is from 2012 to 2022 Gold did literally nothing for 10 years. In the last month alone it went up +$1,000
27K USD an ounce?
When the world is saying it will rise. They are saying it because they want people to buy before they sell and make it fall.
I regret not watching this video last year.
The weird thing is that gold has value only because people believe it does.
It’s no different to bitcoin. It’s all based on faith.
Gold of itself isn’t anything more than a shiny metal.
We need to go back to ancient ancestors and beyond to find out why humans place so much value on this stuff.
Somewhere in our distant past gold became far more important than its utility.
no conflict of interest here. you buy and sell gold obviously you re gonna say that it may reach 27k
why not 57k 😂😂😂😂😂
yeah you gonna buy bread with gold? bullshit.
before that happens we ll have a total chaos.
the entire planet economy is traded on dollars even though is low it still all over the planet. rich and poor carries dollar.
bullshit.
Gold back to 2000 is more likely
$ 27533…? How the hell would you arrive at an odd number like this…??? Doesn't this guy do rounded off figures like everyone!
You need to add the fact that middle class will be at 65% in the next two decades in Asia and their mindset is save and buy gold😂 western people go to buy jewelry at Swarovski which is a scam 😂… western bankers wanted to reduce gold importance in our economic system and they succeeded for 50 years and we can recognize their achievements 😅 now even financiers like me we buy gold by kilos 😊 and I have 0 dollars exposure….
I cant figure out of she is pretty or just looks like some strange fish?
I'm buying gold because you're beautiful
“Ton” of research ?!
The moment you realize he voted for the orange clown, this is where this becomes a bit comical.
Q. How US is going to pay Debt with so little GOLD?
(1) .US Gold Holding is 8100 Tonnes in Fort Knox….US Debt is $ 37 Trillion….
DOMESTIC GOLD in US ….
was confiscated by President Franklin D. Roosevelt in 1933 through Executive Order 6102 during Great Depression….at a rate of $20.67 per ounce.
Vis – a – vis ….
(2) Indian DOMESTIC GOLD is 26,000 Tonnes due to Centuries old DHANTERAS which is a Gold buying Festival on DIWALI eve by HINDU WOMEN….Indian Gold Hoding is 3 Times more than Fort Knox….
Indian Hindu Temple Gold is 4000 Tonnes.
The gold rate has increased at an accelerated rate since this forecast…4.5k is now probably going to be norm… if Biden was incompetent, trump has accelerated it with improbable tariffs and used his platform to just create unlimited wealth for his cronies with stock and bitcoin manipulation…. Most countries will try to stop their dependency on USD due to the stupid governance at place
Then russia can have a reason to reclaim alaska
According to calculations that model a return to a full gold standard, the price of gold necessary to achieve 100% backing of the circulating U.S. money supply (M2) would likely fall in the range of $75,000 to $80,000 per ounce.
2025/October/18
I should take action what he said
Doesn't seem so crazy now 🤔💭😅