‘There’s never been a presidential transition like the one we’re about to go through,’ warned Jim Rickards last night. ‘This transition could turn the world upside down.’
Donald John Trump gets sworn in as the 45the president of these United States this Friday, high noon. And that’s when the world could start going head-over-heels…
Our very own Peter Coyne and Jim Rickards held an emergency live broadcast last evening… just a block from the White House, outside… in the January chill.
The purpose: to warn investors about a looming currency shock that could blindside markets and devastate stocks in the near future. And how to prepare for it.
On day one, huffs Trump, ‘China will be labelled a currency manipulator.’ That’s no mere gust of rhetoric. Jim says that will begin a formal process that could end with the U. S. imposing harsh trade sanctions on China.
That, continues Jim, is ‘like firing the first shot of a currency war.’ And China will retaliate with what Jim calls their ‘nuclear option.’
This post was published at Wall Street Examiner on January 19, 2017.
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