TIP 081: Jim Rickards - China, Banking, & The New Case for Gold (Part 1 of 2)
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.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
- Jim Rickards’ book: The New Case for Gold – Read reviews of this book.
- Jim Rickards’ website.
- Jim Rickards’ book: Currency Wars – Read reviews of this book.
- Roger Lowenstein’s book: When Genius Failed – Read reviews of this book.
- Nassim Taleb’s book: The Black Swan – Read reviews of this book.
- Related episode: Jim Rickards (Part I) Central banking, taxes, and crypto - TIP190.
- Related episode: Jim Rickards (Part II) AI, Global finance, and crypto - TIP191.
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