Rickards sees gold being revalued to $7,000

Submitted by cpowell on Mon, 2011-08-15 14:39. Section: Daily Dispatches

10:34p ET Monday, August 15, 2011

Dear Friend of GATA and Gold:

In an interview today with Eric King of King World News, geopolitical analyst James G. Rickards, who spoke at GATA's London conference, reviews President Nixon's severing of gold from the dollar in 1971 and speculates that gold will be officially revalued to $7,000. An excerpt from the interview can be found at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/8/15_Ri...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.