How Could Yuan Reserve Currency Status Affect Gold? - Jim Rickards | Kitco News

Kitco News is joined by bestselling author of Currency Wars Jim Rickards to talk about the current gold price, the continued strength of the U.S. dollar and the Chinese yuan trying to gain international reserve currency status. Rickards also comments on the ongoing debt issue in Greece and how he sees the situation unfolding. Watch now for some insights from one of the most respected names in the industry live from our studio on Wall Street. Kitco News, June 24, 2015. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: www.kitco.com/newsletter Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews

Comments

1. def wroongg!!!!
2. they raised the rate in 2015....dollar still strong......wrong
3. wow 'the peg should hold throughout the year'…wrong Jim, really really wrong. Admit that you guess at as much as the rest of us.
4. China devalued the Yuan 3 days in a row, so Jim is wrong already on that.
5. The currency war in 97 was focused in Asia. The looming currency war will bring along the US dollar- a race to the bottom.
   Or simply a reality check for most as we were setup for this by manipulation.
6. Greece will in fact stay in the EU. With regards to the yuan and the US$ see https://www.linkedin.com/pulse/depreciating-yuan-appreciating-us-winners-losers-smith?trk=prof-post
7. I have seen this guy talk about dollar crash for 10 years and it never happened. Every year this guys says its going to happen next year. 
   
   You know nothing Jim Rickards you are always wrong on your predictions.
8. jim should tell US regime
   
   stop oppressing developing nation with their CHEAP dollar.
9. US is acting like  DICTATOR
   
   we impose the " best behavior"  on other
   
   there are no rule of law in US.
   there are rule by law in US.( at the whim and fancy of US )
10. US regime is so paranoid about CHINA yuan
    
    i cant find any US think tank forum on such topic
    
    " china yuan become world reserve currency"?
11. He sure was wrong, no soft landing in GREECE, looks like GREECE will be turning to RUSSIA economically.
12. how is a strong dollar killing the US economy? Are you better off if your $100 dollars buys 1 basket of groceries or 3 baskets of groceries?
13. what a load of schemes scams and rickard schams.  bullshit   3 feet thick.
14. The dollar chart looks almost like gold after its top of 1900 then a sideways movement to the plunge down...
15. Rickards is has access to information most do not have and I do not believe Washington will allow a Greek exit from the Euro or the EU. It makes no sense to me for Greece to stay slaves of the Central Banking Cartel, but in the end one way or the other, they will not permit Greece to re-issue "drachmas" as currency or cozy up to Russia after exiting the EU. They will make Alexis Tsipras betray the Greeks that voted him in. He will not do the very things he's threatened to do.
16. This little guy is really making the circuit   He talks way to fast like a snake oil salesman