James Rickards on The Robert Wenzel Show

James G. Rickards, Senior Managing Director of Tangent Capital and author of the New York Times best seller Currency Wars, was kind enough to share comment. James regularly consults with institutional fund managers, governments, and banking leaders worldwide, and participated in the Pentagon’s first ever, financial war games. As described in Currency Wars,

James Rickards

James’ indicates that when the financial wars intensify, “Russia and China [may] acquire massive amounts of gold and then ultimately announce a new gold backed currency,” requiring their trade to be conducted in the new currency as a way to marginalize the dollar.