The Street's Stephen Guilfoyle speaks with Jim Rickards, who is the author of several books including "The Road to Ruin" and "The New Case for Gold." He breaks down modern financial warfare. For one example, Rickards points out that Russian President Putin sees sanctions imposed after his invasion of Crimea as an act of war.
On North Korea, Rickards predicts Pyongyang is just three years away from having the capability to launch a nuclear attack on California that could kill three to four million Americans. He goes on to say there is little to deter North Korea from pulling the trigger.
When it comes to finding safe havens for your money in an era of uncertainty, Rickards suggests a 10% allocation of your investable assets in gold.
Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.
Email
Email sent
Thank you, your email to has been sent successfully.
