''Backwards' Thinking and the Gold Standard' expats

'Backwards' Thinking and the Gold Standard

Forum Post 11/12/11 04:00 Jerry Jones Gold Mine

'Backwards' Thinking and the Gold Standard With the release of his new book, " Currency Wars ," Jim Rickards appeared with John Browne of Euro Pacific Capital on "The Dylan Ratigan Show." And, in another joint interview, with James Grant on Bloomberg 's "Money Moves," where the host asked, " Is it worth going back to the gold standard? " Rickards responded that, "One of the criticisms I hear is ‘Jim, don't you want to take us backwards?' My answer is, if you're about to drive over the cliff, going backwards is not a bad thing to. . The above is a snippet from a post in the Pedal to the Metals RSS Feed. The link below is for the full post: 'Backwards' Thinking and the Gold Standard

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