for having me all right jim rickards gold continues to hit all time high silver as just search through a thirty year high what's going on well this is going to continue obviously it will be volatility it's not going to be a long way street gold will go up and down i thought the most interesting development was right after the sendai earthquake that time i said that gold would go down a little bit and the reason for that is. obviously there was a crash in the tokyo stock market and where people are people who need money for margin calls so i thought a lot of people would sell gold obviously was a lousy time to sell japanese stocks so sell gold get a little cash meet your margin call so what was that was pretty obvious to me but what was interesting is where gold would find a bid obviously it's going to go down it's going to go back up again and the prior lows have been around thirteen forty or so and i said you know i think it's going to find a stronger bed nice i said it would find a bit of thirteen ninety sure enough it went down to thirteen ninety two turned on a dime and went back u

all right welcome back to the kaiser court time now to go to new york and talk with jim rickards senior managing director of tangent capital jim records welcome back to the kaiser report thank you max thanks for having me all right jim rickards gold continues to hit all time highs silver as just surged through a thirty year high what's going on well this is going to continue obviously it will be volatility it's are going to be a one way street gold will go up and down i think the most interesting development was right after the sendai earthquake that time i said that gold would go down a little bit and the reason for that is you know obviously there was a crash in the chuck your stock market and when people are going to need money for margin calls so i thought a lot of he would sell gold obviously was a lousy time to sell japanese stock so you sell gold get a little cash meet your margin call so what was that was pretty obvious to me but what was interesting is where gold would find a bid this is going to go down it's going to go back up again and the prior lows have been around thirtee