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Rickards sees gold being revalued to $7,000

IMG Auteur

Chris Powell

GATA

Published : August 15th, 2011

59 words - Reading time : less than a minute

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FOLLOW : 1971

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Category : Opinions and Analysis

In an interview today with Eric King of King World News, geopolitical analyst James G. Rickards, who spoke at GATA's London conference, reviews President Nixon's severing of gold from the dollar in 1971 and speculates that gold will be officially revalued to $7,000. An excerpt from the interview can be found at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/8/15_Ri...

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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