You have likely heard about the war on cash currently unfolding. The banks, the governments, the academics and the central banks are all waging war on the cash in your pocket. But what about the war on gold?
Many gold bugs have invested in the yellow metal as a way to shield themselves from inflation and to protect their wealth. But what would happen when the government initiates a war on gold? Well, that is exactly what will happen, according to financial expert Jim Rickards.
Speaking in an interview with Tekoa Da Silva, Rickards warned that when the value of fiat currencies are wiped away and consumers turn to precious metals then the government will intervene and try to take away your gold. This has happened before during the FDR administration. Why couldn’t it happen again?
You can watch the interview with Rickards in the video embedded below:
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