I purchased the JR Strategic Investment to hedge my bets just in case he was right.
While I have no doubt that Mr. Rickards is a well rounded economist the problem is that his conclusions are always 100% wrong. When the Yuan joined the SDRs (Special Drawing Rights) Rickards suggested it was the end of the Dollar as we know it.
I spoke to a former European Secretary of the Treasury to get his input and he said nothing would change. Sure enough, October 1st rolled around and not only did the Dollar not evaporate it actually rose.
His constant alerts that gold will rise to $5-10K over the next few months are not only wrong they down right crooked predictions. I have no doubt that gold will eventually rise but the question is the time frame. Mr. Rickards is nothing but a scammer trying to sell is highly inaccurate publication, it is really a shame, because he probably is a talented economist and could do very well by his readers if he didn't try to BS them.
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