09/19/2015 - Beware Of Digital Assets Like Brokerage Accounts and 401Ks Jim Rickards Prefers: Silver, Gold, Fine Art, Rare Stamps, Cash, Other Physical Stores Of Value, Private Equity

Jim Rickards shares the key points & themes of his conversation with U.S. 4-Star General Michael Hayden who is the only person to have been director of both the National Security Agency & the Central Intelligence Agency .. the discussion is on financial warfare & where it is happening today .. thoughts on the financial warfare between the U.S. & Russia & other nations .. “With the U.S. putting financial pressure on Iran, Russia, and China, wasn’t it likely that these countries would create their own payments systems, develop their own banks and reserve currencies, and turn their back on the U.S. dollar system entirely? If Russia, Iran, China, Turkey and others no longer relied on U.S. dollars, then control of the dollar system would lose its potency as a weapon.” .. for investors, the implications are to invest in hard assets like silver, gold, fine art, rare stamps, cash & other physical stores of value – in addition to consider investing in venture capital & start-up companies where the ownership is in the form of a written contract – not a digital account .. “My conversation with General Hayden reinforced my already strong view that financial warfare is here and digital assets such as brokerage accounts and 401(k)s are in the line of fire.” .. financial warfare is a form of financial repression.

LINK HERE to the Article

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