ML-Implode News - Rickards: Here's How to Crack the Code on Gold

Looking internally, the recent visit by Treasury Secretary Mnuchin to the US Mint in Fort Knox stirred many commodity investor analysts. Rickards offered, "I was shocked to see the visit. It is rare and only the third time that a Treasury Secretary has visited since the 1930's."
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Finally, speaking on the mounting complexity of issues facing the American government Rickards warned that gold could be well positioned for the remainder of Fall. Rickards sets up, "We're coming up against a debt ceiling and budget train wreck. The US budget is at D-Day at the end of September. Separately, the Treasury is literally running out of cash. The government will have to raise the debt ceiling for the Treasury and it will need to, at the very least, pass a continuing resolution."

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Rickards: Here's How to Crack the Code on Gold