What if Jim's Right?
(Please review the transcript from today's interview to discover how you and your family can stay safe from this $100 trillion catastrophe)
STEVE MEYERS:
My name is Steve Meyers.
And I want to thank you for taking part in this exclusive Money Morning interview with Jim Rickards, the Financial Threat and Asymmetric Warfare Advisor for both the Pentagon and CIA.
Recently, all 16 branches of our Intelligence Community have come together to release a shocking report.
These agencies, that include the CIA, FBI, Army, and Navy, they've already begun to estimate the impact of the fall of the dollar as the global reserve currency.
And our reign as the world's leading super power being annihilated in a way equivalent to the end of the British Empire, post-World War II.
And the end game could be a nightmarish scenario, where the world falls into an extended period of global anarchy.
Jim Rickards fears he and his colleagues' warnings are being ignored by our political leaders and the Federal Reserve, and we're on the verge of entering the darkest economic period in our nation's history.
One that will ignite a 25-year Great Depression.
Today, we're going to examine everything he's uncovered because the bedlam could begin within the next six months.
Which is why every American should hear his warnings before it's too late.
Jim Rickards, thank you for joining us.
JIM RICKARDS:
It's my pleasure, Steve. Glad to be with you.
STEVE MEYERS:
In the early '80s, you were a member of the team that helped negotiate an end to the Iran hostage crisis.
In the late '90s, when it was discovered that the Wall Street firm Long-Term Capital Management was about to cause a total collapse of the financial markets, the Federal Reserve had to turn to you in order to stop this catastrophe from plunging America into a recession.
And then, after 9/11, you were tasked by the CIA with investigating potential insider trading that took place prior to the terrorist attacks.
JIM RICKARDS:
That's exactly right.
The problem was the CIA didn't have any capital markets expertise.
And why should they?
Prior to the beginning of globalization, capital markets weren't really part of the battle space.
So the CIA engaged in some outreach, they recruited certain people, myself included, to bring the Wall Street expertise to the agency.
This Led to Project Prophecy
So, what the CIA said was, well, if there's going to be another spectacular attack…
Using price signals to determine the actions of participants in the market, whether it be terrorists, or strategic rivals of the United States…
Could you spot it?
(Please review the transcript from today's interview to discover how you and your family can stay safe from this $100 trillion catastrophe)
STEVE MEYERS:
My name is Steve Meyers.
And I want to thank you for taking part in this exclusive Money Morning interview with Jim Rickards, the Financial Threat and Asymmetric Warfare Advisor for both the Pentagon and CIA.
Recently, all 16 branches of our Intelligence Community have come together to release a shocking report.
These agencies, that include the CIA, FBI, Army, and Navy, they've already begun to estimate the impact of the fall of the dollar as the global reserve currency.
And our reign as the world's leading super power being annihilated in a way equivalent to the end of the British Empire, post-World War II.
And the end game could be a nightmarish scenario, where the world falls into an extended period of global anarchy.
Jim Rickards fears he and his colleagues' warnings are being ignored by our political leaders and the Federal Reserve, and we're on the verge of entering the darkest economic period in our nation's history.
One that will ignite a 25-year Great Depression.
Today, we're going to examine everything he's uncovered because the bedlam could begin within the next six months.
Which is why every American should hear his warnings before it's too late.
Jim Rickards, thank you for joining us.
JIM RICKARDS:
It's my pleasure, Steve. Glad to be with you.
STEVE MEYERS:
In the early '80s, you were a member of the team that helped negotiate an end to the Iran hostage crisis.
In the late '90s, when it was discovered that the Wall Street firm Long-Term Capital Management was about to cause a total collapse of the financial markets, the Federal Reserve had to turn to you in order to stop this catastrophe from plunging America into a recession.
And then, after 9/11, you were tasked by the CIA with investigating potential insider trading that took place prior to the terrorist attacks.
JIM RICKARDS:
That's exactly right.
The problem was the CIA didn't have any capital markets expertise.
And why should they?
Prior to the beginning of globalization, capital markets weren't really part of the battle space.
So the CIA engaged in some outreach, they recruited certain people, myself included, to bring the Wall Street expertise to the agency.
This Led to Project Prophecy
So, what the CIA said was, well, if there's going to be another spectacular attack…
Using price signals to determine the actions of participants in the market, whether it be terrorists, or strategic rivals of the United States…
Could you spot it?
