Mind Over Market

Q  and A with James Rickards Part 2 of 3 Part 1 here Part 3 here By Robert Stowe England James G. Rickards is a lawyer, economist and investment banker with 35 years of experience in capital markets on Wall Street. His new book The Death of Money , published by the Penguin Group, is a New York Times bestseller. His first book, Currency Wars , published in 2011, and was also a Times bestseller. In his new book, he explores further the consequences of the weak dollar policy pursued by the Federal Reserve Bank, coupled with the huge run up in deficits and debt by the United States, and the failure of Congress and the Obama Administration to devise policies that would spur faster economic growth. Rickards is a portfolio manager at West Shore Group, LLC, Haddonfield, N.J., an investment fund set up in 2013, and an adviser on international economics and financial threats to the Department of Defense and the U.S. intelligence community. He gained first-hand...

Q and A with James Rickards Part 3 of 3 Part 1 here Part 2 here By Robert Stowe England James G. Rickards is a lawyer, economist and investment banker with 35 years of experience in capital markets on Wall Street. His new book The Death of Money, published by the Penguin Group, is a New York Times bestseller. His first book, Currency Wars, published in 2011, and was also a Times bestseller. In his new book, he explores further the consequences of the weak dollar policy pursued by the Federal Reserve Bank, coupled with the huge run up in deficits and debt by the United States, and the failure of Congress and the Obama Administration to devise policies that would spur faster economic growth. Rickards is a portfolio manager at West Shore Group, LLC, Haddonfield, N.J., an investment fund set up in 2013, and an adviser on international economics and financial threats to the Department of Defense and the U.S. intelligence community. He gained first-hand experi...

Marc Faber, publisher of the Gloom, Boom & Doom report, talks on September 14, 2012, about Federal Reserve policy and his investment strategy. Faber, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses gold prices and the property market. (Source: Bloomberg) Selected Quotes: "Even if Romeny wins the election, the next Fed chairman will be a money printer. And so it will go on. The Europeans will print money. The Chinese will print money. Everybody will print money and the purchasing power of paper money will go down. And I don't like bonds. I don't particularly like equities, but I think equities are a better space to be in than bonds.” ** "I own corporate bonds. I bought some bonds from Kazakhstan because Kazakhstan economically is a much sounder country than the United States or any European country." ** "The fallacy in the United States is to think that this will go to the man on the street. It wo...

Harry Dent, founder and CEO of HS Dent, is author of a new book, The Great Crash Ahead. He sees an economic and market crash between 2012 to 2014. As baby boomers pay down a sizable chunk of $42 trillion in private debt in the United States to deleverage, this will be an ever growing deflationary force. Baby boomers around the world will start saving and stop driving up consumption. Because of this deleveraging, Dent warns that a debt crisis is coming back stronger than ever. Dent does not believe that efforts of central banks to inflate and provide stimulus to the economic to counteract this trend will fail. "In the United States, we keep taking viagra and nothing much happens." He predicts gold will crash after rising to $2,000. Silver has already peaked, Dent said. The U.S. dollar's role as the safe haven currency will be strengthened. That is because, as private debt is paid off, it makes dollars more scarce, and it restores value to the dollar, he explain...

CNBC reporter Simon Hobbs interviews George Gero, vice president of global futures and a precious metals strategist at RBC Wealth Management, and David Morgan, editor of the Morgan Report.

Jim Rogers, ceo of Rogers Holding, says that when the next crisis comes around, the United States will be in far worse shape than in 2008, according to an interview on CNBC with Maria Bartiromo. Rogers says that we need to cut the budget drastically. Rogers calls Fed Chairman Ben Bernanke a "disaster," who has gotten nothing right since he came to Washington. "He doesn't understand finance. He doesn't understand currency. He doesn't understand the economy," Rogers says of Bernanke. Bernanke only knows about printing money as a way to address problems, so he will revert to QE3, further weakening America's debt position, according to Rogers. He predicts the dollar is going to crash while the Chinese yuan will become a safe currency. If gold and silver correct, Rogers recommends buying more. Rogers is shorting technology stocks.