And what you should do now to protect your wealth
On 1 October 2019 — with the Australian economy flagging — the reserve bank cut interest rates to a historic low of 0.75%.
Later that same day, RBA Governor Philip Lowe said further cuts are inevitable.
Business Insider said on 12 August…
‘The RBA is now considering the drastic measure of negative interest rates.’
Moreover, nearly all Australian economists surveyed by Bloomberg believe that rates are headed even lower at some point, according to Business Insider.
But in a new interview, with Rum Rebellion editor, Selva Freigedo, best-selling author Jim Rickards explains why cutting interest rates further won’t save our economy.
In fact, in Jim’s view, it will have the opposite effect.
Namely, that it will trigger a financial crisis far worse than 2008.
How bad will it be?
And what is Jim Rickards doing right now to preserve his wealth?
You will find these answers and more in a 20-minute conversation between Jim Rickards and The Rum Rebellion editor Selva Freigedo.
If you’d like to watch it now, simply put your email address in the space below and hit ‘Send Me the Video’.
You’ll get a free subscription to the daily e-letter, The Rum Rebellion and we’ll immediately send you the full video interview with Selva Freigedo and Jim Rickards.
Stream the video interview now and learn…
- What central banks will do when everything else fails?
- Will gold go up in a global financial crisis?
- Why are central banks buying gold right now?
- How do you protect your money from negative interest rates?
Simply put your email address in the box below and hit ‘Send Me the Video’.
You’ll get a free subscription to the daily e-letter The Rum Rebellion and we’ll immediately send you the full video interview with Selva Freigedo and Jim Rickards.
Before you go…
A message from Selva:
When you claim your free video interview with Jim Rickards and I, you’ll also receive a free subscription to The Rum Rebellion.
What makes The Rum Rebellion different?
Well, firstly, I wanted to get behind the wheel of a publication that has a uniquely Australian voice. As the name suggests, The Rum Rebellion is exactly that.
As I said, I also wanted to rebel against the left-leaning, politically correct views that saturate much of Australia’s media coverage nowadays.
I wanted to be able to take a critical look at the Aussie economy to give people an idea of how we got to be in such a fragile economic state.
Successive governments have sold off our critical assets while abetting a historic property bubble that is now unravelling.
Our economy is now at the greatest risk it has been in decades. And with politics in a deplorable state, there is an absence of leadership to get us through what will be a difficult few years.
And finally, I want to help you zone in on areas of opportunity and potential profits in the coming months and years.
The Rum Rebellion is a libertarian voice, and believes in free speech, individual freedom and personal responsibility.
While we’ll take aim at fake news, phoneys and fraudsters, our main mission is to talk money and stocks.
If you manage your own portfolio, or just want to take a greater interest in the world of money, The Rum Rebellion will become an indispensable daily companion.
Simply put your email address in the space below and hit ‘Send Me the Video’. You’ll get a free subscription to the daily e-letter The Rum Rebellion and we’ll immediately send you the full video interview with Selva Freigedo and Jim Rickards.
No-spam pledge: We will NEVER rent, sell or give away your email address to anyone for any reason. You can unsubscribe from The Rum Rebellion anytime, in a few clicks, if you decide you no longer wish to receive it.
All advice is general advice and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.
Calculating Your Future Returns: The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in this report are forecasts and may not be a reliable indicator of future results. Any potential gains in this do not include taxes, brokerage commissions, or associated fees. Please seek independent financial advice regarding your particular situation. Investments in foreign companies involve risk and may not be suitable for all investors. Specifically, changes in the rates of exchange between currencies may cause a divergence between your nominal gain and your currency-converted gain, making it possible to lose money once your total return is adjusted for currency.