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Published on Aug 21, 2011
Watch the full 42-minute video at http://www.goldmoney.com/rickards-tur.... James G. Rickards (http://www.tangentcapital.com) and James Turk, Director of the GoldMoney Foundation, talk about the possibility of the euro surviving the current crisis. Rickards is bullish on the euro, among other reasons because the eurosystem owns 10,000 tonnes of gold. They discuss how to know that the gold is really there and is really unencumbered. Rickards explains that the first major currency to go to a gold backing will be the only currency that anybody wants.
This interview was recorded on August 4 2011 in London.