Tag: Jim Rickards
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The Fiscal Tightrope: U.S. Interest Payments Outpace Defense Spending
The latest figures from the U.S. Treasury for fiscal 2024 have sparked serious discussions about the sustainability of the country’s financial health. Jim Rickards, a prominent financial commentator, encapsulated the issue perfectly: “Interest on debt: $882 billion. National defense: $874 billion. That’s all, folks. You can’t borrow your way out of a debt crisis. You…
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What does Jim Rickards expect for the price of gold?
Q: What does Jim Rickards expect for the price of gold? A: He sees the India move against large denomination bills as a war on cash and a prelude to a war on gold. Buy it while you can is his advice. Jim Rickards’ 2017 Outlook Q: Please connect this back to the five dimension…