Jim Rickards: Trump “Will Probably Win” and Gold “May Rise $100″ Overnight
The US election is just two weeks away on November 8th, and one of Hillary Clinton’s most vocal critics on the business side is finance commentator and monetary expert Jim Rickards. Jim is in Sydney this week, armed with his latest book, hot off the press entitled ‘The Road to Ruin – The Global Elites’ Secret Plan for the Next Financial Crisis’ and gave an interesting television interview to ‘The Business’ on ABC Australia.
Rickards says that Trump “will probably win” and, if he, does stock markets will crash 10% and gold will rise $100 over night.
The markets and polls believe Clinton will win and that is priced into markets in the same way that a ‘Bremain’ was priced into markets prior to the ‘Brexit’ vote.
Kilkenomics 2016 – Where Comedy Meets Economics
“If Hillary wins nothing happens, if Trump wins you will have an earthquake.”
Should Trump win, which looking at the polls is not an impossibility, gold would likely surge $100 per ounce overnight, says Rickards. Read full story here…