James Rickards: This Is An Extinction-Level Event
- James Rickards: This Is An Extinction-Level Event
Submitted by Sprott’s Thoughts:
James Rickards predicts the Fed will continue to raise rates and stall the economy.
Transcript (edited for readability)
Albert: James, welcome back to The Power & Market Report. How are you?
James: I’m fine, Albert. Thank you. It’s good to be with you.
Albert: First, before we start though, I want to let the viewers know that April 5 is the first anniversary of The New Case for Gold. So, congratulations on that.
James: Thank you.
Albert: And on April 7, you’re releasing the paperback edition of The Death of Money. So again, congratulations.
James: Thank you. And the paperback edition of The Death of Money as you know, Albert, New York Times Bestseller. It came out in 2014. A couple of things—you’re right, the paperback edition is coming out in a couple of days. It’s unusual. Usually a publisher would go to a paperback within about a year of the publication of the hard cover, but the hard cover, I’m happy to say, sold so well for so long that they delayed the paperback edition.
But now the paperback edition is coming out. It has new material in it, so it’s not just a soft cover of the old book. It actually has some—a new preface I wrote that kind of goes over the material, shows why it has played out the way we expected and also adds entirely new material including new disclosures never before published on insider trading ahead of the 9/11 attacks. So, I’m very excited about this. It’s a very timely book. It’s still timely after a few years with some very new material included.
Albert: You know, I was going to joke at the beginning of the show that, you know, it’s been 3 months since we last talked and where is the new book? It turns out there actually is a new book.
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