Rickards: Avoid the Coming Currency Crisis with Gold (Video)

In an excellent interview on CCTV’s Biz Asia America, Jim Rickards, author of Currency Wars, succinctly and clearly explains the coming crisis that will result in a collapse of the US dollar and a remonetization of gold.

“We see China acquiring gold, we see Russia acquiring gold. Russia’s increased its gold reserves 50% in the last four years. China has officially doubled theirs… Germany is getting their gold back from New York… We’re seeing the slow-motion remonetization of gold. That’s a loss of confidence in the dollar.”