TIP 081: Jim Rickards - China, Banking, & The New Case for Gold (Part 1 of 2)

  • Thread starter We Study Billionaires - The Investor’s Podcast
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We Study Billionaires - The Investor’s Podcast

Guest
IN THIS EPISODE, YOU’LL LEARN:

  • How Jim Rickards felt when he was the principal negotiator for Long Term Capital Management that collapsed in 1998 and lost $4 Billion dollars.
  • Why the current banking situation is worse today than in 2008.
  • Why China is the biggest buyer of gold in the world and why it’s a hedge against US inflation.
  • Why you may want to hold 10% gold in your portfolio.
  • If billionaire Kyle Bass made a mistake by shorting the Chinese Currency.



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