I watched this video again tonight, worth a second look
posted on
Nov 30, 2009 01:26AM
Today Rickards remarked that the United States and China are devaluing their currencies against each other in a game of chicken, that gold should easily reach $2,000 per ounce next year just as a matter of supply and demand, and that if gold should start being considered money again, it would have to rise to between $4,000 and $11,000 to support the big increase in the world's money supply.
You can watch Rickards' comments at the CNBC archive here:
http://www.cnbc.com/id/15840232?video=1336090735&play=1