World is ganging up against the dollar, Rickards says


10:25a ET Thursday, August 30, 2018

Dear Friend of GATA and Gold:

In a new essay at the Daily Reckoning and an interview with CNN, newsletter editor James G. Rickards discusses the world's preparations for moving away from the U.S. dollar and U.S. government control over the world financial system.

Rickards' interview with CNN details Russia's years-long accumulation of gold and replacement of U.S. Treasuries in its foreign-exchange reserves.

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Rickards tells CNN that the U.S. Defense Department understands the geopolitical implications of Russia's move into gold but the U.S. State Department doesn't seem to care.

His essay at the Daily Reckoning is headlined "The World Is Ganging Up Against the Dollar" and it's posted here:

His interview on CNN is five minutes long and it's posted at You Tube here:

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

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