Ricards says lockdowns lead to recessions, economic destruction, ‘a flood of money into gold’

Stansberry Research/Daniella Carbone interviews James Ricards/12-21-2020

USAGOLD  note: Ricards says we should be concerned about deflation, not inflation, and that “gold will do very well in that environment because of the political and economic uncertainty.” He goes on to say that “diversification,” though most do not understand what it really means, is the key and that investors should have “10% of investable assets in gold.”

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