Thursday, January 14, 2010

The IMF is Secretly Preparing to Transform Into the World's Central Bank

A must hear interview with Jim Rickards, a lawyer and economist, who worked as the principal negotiator during the rescue of LTCM by the Federal Reserve. In his interview Jim touches a vast variety of fascinating topics including:
  1. Why Gold is headed to $4000-$11,000.
  2. The parallels between the collapse of Long Term Capital Management and the current financial crisis.
  3. Investors regularly fail to realize that Liquidity is the HIDDEN correlation which links ALL assets.
  4. The coming dollar collapse and how the IMF is secretly preparing to transform into the world's Central Bank.
  5. How the current recession is in reality a NEW Great Depression.
Jim's interview on King World News can be accessed here.

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