Bitcoin Magazine
Jim Rickards: Stabelcoins “Dangerous” for Bond Market – $10,000 Gold Outlook
Why could gold hit $10,000 sooner than most analysts expect? Jim Rickards says it is “fifth grade math”: going from $9,000 to $10,000 is only an 11% move, much smaller than the jump from $3,000 to $4,000. He also explains why central bank buying puts a floor under gold, and why a strong dollar and a falling gold price do not mean what the debasement crowd thinks.
Chapters:0:00 Jim Rickards and the 1998 LTCM Rescue0:31 What Breaks First: Why Crises Start a Year Before They Hit3:10 Where’s the Leverage? The Yen Carry Trade vs. Private Credit5:13 Gold as a Dollar Signal: Why “King Dollar” Contradicts the Debasement Trade7:33 The Case for $10,000 Gold by Mid-202710:24 Bitcoin vs. Gold: Rickards’ Skeptical View13:07 Will Bitcoin Be a Safe Haven or a Risk Asset in the Next Crisis?14:45 MoneyGPT: AI Risk and the Fallacy of Composition17:49 Why Rickards Calls Stablecoins the Most Dangerous Thing in the World22:58 The Fed’s September Rate Hike and What Comes Next
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This post Jim Rickards: Stabelcoins “Dangerous” for Bond Market – $10,000 Gold Outlook first appeared on Bitcoin Magazine and is written by Patrick Green.