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“If you have to go back to a gold standard, yeah, $27,000 would have to be the [gold] price in order to avoid massive deflation,” says Jim Richards, New York Times bestselling author. He explains to Daniela Cambone that it’s “more likely” we will return to the gold standard as people lose confidence in fiat currency. Moreover, as the money supply skyrockets while the supply of gold remains the same, the price of gold is propped up. He also states the danger when Russia reiterates the West by suing Euroclear, the largest clearing, settlement, and custody organization in Europe. 📰 JOIN DANIELA'S NEWSLETTER: https://learn.itmtrading.com/daniela 📞 PROTECT YOUR WEALTH AND ASSETS: Learn how to secure your retirement from market crashes, inflation, de-dollarization, and other hidden threats that could jeopardize your future plans. Schedule your in-depth strategy session today. https://calendly.com/itmtrading/500?u... or call 866-706-9061 "ITM did a great job of educating me on the history of the dollar, the financial markets, the banks, gold, and the laws so that I had a better understanding of things." - Kristen W. 📖 FREE DOWNLOAD: YOUR ULTIMATE DECISION-MAKING GUIDE ON GOLD AND SILVER: https://learn.itmtrading.com/buyers-g... FULL EPISODE: • Jim Rickards Warns Real Danger is Not... 📖 CHAPTERS: 00:00 Going back to gold standard 4:18 Likely of going back to gold standard 👋 STAY IN TOUCH WITH ITM & DANIELA 🟩 Schedule a Strategy Session: 866-706-9061 🟩 Email us at [email protected] 🟩 Official Homepage http://www.itmtrading.com 🟩 Listen On The Go: https://anchor.fm/itmtrading 🟩 ITM's Twitter: / itmtrading 🟩Daniela’s Twitter: / danielacambone 🟩Daniela’s Newsletter: https://learn.itmtrading.com/daniela 🌎 ABOUT ITM TRADING: For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets. Disclaimer: The views, opinions, and financial recommendations expressed in this video are solely those of the guest and do not necessarily reflect the views of ITM Trading. ITM Trading is not responsible for any financial decisions made based on the content provided in this video. ITM Trading Inc. © Copyright, 1995 - 2024 All Rights Reserved. #economy #JimRickards #gold