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In a two-part interview, Jim Rickards – Senior Managing Director for Market Intelligence at Omnis, Inc. and principal negotiator for the government sponsored bailout of LTCM – discusses the future of US markets:

– Why government intervention has destroyed any semblance of a market.

– How high frequency trading has gamed the system, rigging the market against true investors.

– How the Fed’s last ‘golden bullet’ is a sweeping devaluation of the dollar to force those hoarding cash to spend their money in anticipation of inflation.

Listen to Part 1

Listen to Part 2