◄$$$ JIM RICKARDS IS A BRILLIANT ANALYST. HE DESCRIBES WELL THE CURRENT LANDSCAPE, AND PATH TOWARD A USDOLLAR COLLAPSE. HE POINTS TO INCOMPETENCE AND LOST MONETARY CONTROL. $$$

Jim Rickards is senior managing director for market intelligence at Omnis. He talked about what the USGovt should be doing. Rickards harbors no hope of leaders doing the right thing, thereby dragging out a miserable degradation for many years. He expects eventually a USDollar collapse will come. He ascribes no bad motives, just incompetence to Bernanke, Geithner, and other bank leaders. He estimates gold to be worth between $4000 and $11,000 per ounce, calculated from the proportion of monopoly money that has been printed (implicit demand) and the amount of available gold for sale above the ground (direct supply). See the King World News broadcast (CLICK HERE).