Jim Rickards - US to go to War with Iran, Oil & Gold to Spike

With investors concerned about the recent plunge in gold and silver and questions about what is going to happen with Iran and the Straits of Hormuz, today King World News interviewed KWN resident expert Jim Rickards. Rickards has gained international recognition for his deadly accurate predictions regarding moves by central planners. Rickards let KWN know that the US is headed to war with Iran: “Yeah, it’s very serious, Eric, actually grave. The big thing to get right in this case is that Iran will not be allowed to have a nuclear weapon, period. That’s just not going to happen. Now we know they (Iran & its allies) are pushing towards it and so there is going to be a train wreck.”

Jim Rickards continues:

“The Obama administration has pursued diplomacy very vigorously. My view is it has failed. (The other possibility) would be a regime change. I say the war has already begun. There’s a lot of sabotage, there have been assassinations, strange things blowing up, rebellion. So there is enormous pressure being put on the Iranian regime from many directions. All of this is designed to destabilize the regime.

But I think the regime is too entrenched, the Iranian Revolutionary Guard Corp are to ruthless. They actually buy cranes, they hang people not from scaffolds, but from cranes, and they are buying more cranes because they are hanging more people. They’ll do whatever it takes, so I don’t see regime change.

What’s left? Well, what’s left is war and that is, unfortunately, where I see this heading. There is a lot of maneuvering going on already. The Iranians have a submarine fleet that’s kind of interesting because they run on battery power, so they are extremely quiet and hard to detect. They could take out one or two US vessels.

They also practice these swarm techniques. They have these speed boats, like in Miami Vice, that type of boat that can go 50, 60 knots. (They are) much faster than any naval vessel. They load them up with explosives, they put suicide crews on them....

Continue reading the Jim Rickards interview

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