Rickards on End Of Alliance w Saudis, Killing Petro Dollar, Big Picture

[sigma6]

hmm... big picture economics... if what he is saying is accurate (and he is able to explain complex ideas relatively simply in great detail) he is sharing a very "big picture" view of a vast, complex system. The US economy.

I love listening to Jim's logic, razor keen observation and penetrating insight. What he's describing might be considered a "conspiracy" to some (and an "inevitability" to others ;-) he is predicting definite trends, but open on the timing... (which is key, but with a subtle admonition to "act now")

He provides a conservative strategy (mindset) applicable for a significant percentage at 17:00, i.e. diversify + 10% gold (a conservative "gold" Bull) and explains a simple long term gold strategy w low downside risk and how to safely play it.

At the same time he outlines a clear acknowledgement of a "structurally robust" (inevitable and long term) deflationary trend. hmm... o.O? Almost contradictory (or more like foreground/background) Like I said he is drawing a very big picture here.

Worth viewing more than once, if you want a professional and insightful interpretation on current trends... this provides one model well worth contemplating. It gets more comprehensive with each viewing, good nutshell on US economics - applicable on many levels and there's a clear "wake up call" in his message i.e. slow train wreck coming, best avoid sleeping on the tracks! ';-o

Obama Ending Alliance with Saudis, Killing Petrodollar
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[robinr1]

everything I have read...which is a fair amount ...leads me to believe hes akin to sorcha faal

[ghostrider]

Red tie , suit , Harvard , skull and bones , they create the news ... they are the film directors and we are the ones being played ... all the world's a stage ...

[sigma6]

everything I have read...which is a fair amount ...leads me to believe hes akin to sorcha faal

Red tie , suit , Harvard , skull and bones , they create the news ... they are the film directors and we are the ones being played ... all the world's a stage ...
That's the beauty of economics, and yes there is more than one interpretation, but his fundamentals are sound and he lives what he says, has the proof of his results, this is what he does for a living, the man has literally wrote a book on the subject. I'm not quite sure how you are even making the comparison with Sorcha Faal? an imaginary name for a conspiracy website, and we don't even know who is behind it?? ;-0

That said, he is being used by some entrepreneurial e-marketers who hold up his work with the CIA to hard sell 'who-knows-what' (probably gold sellers?) And I did question that... Economists can be like politicians (or lawyers?) in that regard. That is why I try to analyze what he is saying... and what he is saying is sound economic theory. With his education and experience there is no need to make up nonsensical information, and leave himself open to easy attack?... not in a field where he is in his element, I don't think so.

The question for me is what is he not saying?... ;-) What are alternative interpretations?... and there are some, like Harry Dent... but Rickards covered himself well by acknowledging the deflationary trend... and he explains how he sees it within an even larger context, (a touche to Harry...) Like I said, you might want to listen to it more than once (several times even, he is speaking quietly but he is speaking volumes imo!) For example, on another level, he is actually confirming what Dent is saying... it's not entirely inconsistent... in fact the two interpretations are highly complimentary, and add an even more accurate explanation/picture of the dynamic unfolding...

re: what he is not saying... I am thinking more along the lines of the implications... like a good scientist he is leaving that to the reader... although his bias is clear and his 'advice' though conservative is consistent with his interpretation... I do feel there may be even more to what he is analyzing... One can never underestimate the manipulation in the markets... that's a legitimate wildcard I would like to see more of these big names speak to, like Gerald Celente does

[Alpha141]

Jim is a great teacher relative to the money system ;)

I did make a documentary on money in the links below which explain the creation of money via Mike Maloney lecture a few years back called 'Money - The Ultimate Consciousness Pacifier'

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It is pretty rough relative to what i do now. But, imho...there is great purpose for all this seemingly unraveling at present...because there is something better laying beyond it if we do not go into 'Fear of the Unknown' relative to present uncertainty. All explained in the above.

Cheers and thanks for the recent interview. Jim, Marc Faber, Mike Maloney, Peter Schiff, Gerald Celente, Max Keiser, Joseph Farrell are all good teachers to cross reference on this topic also.

[Buzzie]

If you follow Jim Rickards, Jim Willie, and Gerald Celente, you will have a good handle on what is going on. If you follow the mainstream media, you will be totally ignorant.

[sigma6]

If you follow Jim Rickards, Jim Willie, and Gerald Celente, you will have a good handle on what is going on. If you follow the mainstream media, you will be totally ignorant.

and I think Harry Dent should be included, his approach is simple in a way... he does statistical analysis of historical financial data, to support the idea of his very basic premise, in his case, baby boom demographics.. So his information is solid, and his interpretations are actually conservative... and what it reveals are unmistakable patterns... The big trick with all these guys of course is timing... that just can't be predicted down to the day or week... these guys all speak about big picture, long term trend forecasting...

[Alpha141]

Agree Sigma6 re Harry S Dent. Man has he been ridiculed constantly. Hence good hey haha. I remember reading 'The Great Depression Ahead' before my wake up and getting into currency trading. It really stuck out. Obviously it is something to re-explore for the different layers. But i am not really interesting in this system much though now either. It is just life force sucking technology that if you are energetically sensitive...very pervasive also.

Cheers

[sigma6]

Well, well, the economic gods must have heard my prayers, this was in 2012, so this conversation has in fact happened..., I'd say they are due for another conversation /debate... I wonder if there is more? this seems to be only 14 minutes?

And I have to admit I find Harry a bit over reacting and emotionally slanted, I don't think that adds to his argument... I would definitely like to see these two face to face in a professional and analytical discussion on where they stand today...

Inflation/Deflation Face-Off: Harry Dent vs. James Rickards

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