October 2016 Interview with Jim Rickards Part 2 topics:
*If Trump wins the election equities markets could have a substantial immediate drop, followed by a recovery
*Gold serves different roles in a Central bank portfolio versus an individual or institutional investor portfolio
*Gold’s role moving forward is one of insurance versus tail risks, systemic failures, and future liquidity crisis
*Gold held by central banks is the last line of defense for liquidity and confidence in central bank issued currency
*FX trading effect on gold pricing and alleged manipulation
*Gold Pool of the 1960’s, IMF coordination with the US selling gold into the market during the 1970’s
*International monetary system is missing an anchor and is considered “incoherent” by current and former officials
*Currency values continue to fluctuated wildy, this is a very unstable system
*Measuring the buying power of gold
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