ICR142: James Rickards, The Road to Ruin

My guest for this episode of Informed Choice Radio is James Rickards. Jim is the Editor of Strategic Intelligence, a financial newsletter, and Director of The James Rickards Project, an inquiry into the complex dynamics of geopolitics and global capital. He is the author of The Road to Ruin (2016) and The New Case for Gold (2016), and two New York Times best sellers, The Death of Money (2014), and Currency Wars (2011). James is a portfolio manager, lawyer, and economist, and has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. In 1998, he was the principal negotiator of the rescue of LTCM sponsored by the Federal Reserve. He is an adviser on capital markets to the U.S. intelligence community, and the Office of the Secretary of Defense, and is on the Advisory Board of the Center on Sanctions & Illicit Finance in Washington DC. He served as facilitator of the first-ever financial war games conducted by the Pentagon. In his new book, The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis, Jim shares his thoughts on how investors can prepare for the next financial panic and why it’s coming sooner than you think. In this episode of Informed Choice Radio, I speak to Jim about why he believes the collapse of the global monetary system is inevitable, the possible triggers for the collapse, the role the International Monetary Fund could play, some steps we can all take to protect our wealth, and the role China is playing with massive stockpiling of gold reserves. Welcome to The Road to Ruin with James Rickards, in episode 142 of Informed Choice Radio.

Some questions I ask

-What inspired you to write this series of books?

-What's going to be the trigger for the next financial collapse?

-What will the collapse look like for the ordinary citizen? How are we going to feel it in our everyday lives?

-Are there any strategies investors can follow to deal with the short and long-term impact of the global monetary system collapsing?

-Does China play a role with its stockpiling of gold?

Thank you for listening!

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