Saturday 18 December 2021

Jim Rickards: We’ve Reached Peak Inflation

Jim Rickards: We’ve Reached Peak Inflation; The Real Risk in 2022 and Why Cash Is Critical. Video by Stansberry Research.

"Expect inflation to come down very quickly," due to incoming rate hikes expected from the Federal Reserve, says NYT best-selling author Jim Rickards. You could see severe, "tightening into weakness," with a potential of three rate hikes next year, he predicts with our Daniela Cambone during the premiere of this year's series, Outlook 2022: The Tipping Point. In order for gold to gain momentum and rise in price, "the dollar has to get weaker," he says. Having money on the sidelines is vital, according to Rickards, in order to be nimble into the coming year. When asked about the stored value of holding money in Bitcoin, he asserts that, "when you get to the center, the core of [Bitcoin's] apple there's nothing there."

Trade the most popular assets like Tesla, Google, Amazon, EUR/USD, Cryptocurrencies and 66 more with profitability up to 95% in as little as 60 seconds.
-$10 Minimum Deposit.
-Free $10 000 practice account.
-Trade 7 days a week, 24 hours a day.
-$1 Minimum Investment.
Open Your Free Demo Account >>