Could the next financial crisis be just around the corner? The signs of a
looming meltdown are ‘unmistakable,’ this according to best-selling
author Jim Rickards. Giving his 2017 outlook to Kitco News, he said the
next crisis would be far worse than any previous one markets have
experienced. ‘It could be a few years from now [but] it’s unlikely we’ll
get 5 years; it’s been 8 years since the last one,’ he told Daniela
Cambone. On gold, Rickards was a little less optimistic over the shorter
term, calling for continued strength in the U.S. dollar to weigh on the
metal. As for the Fed -- his not-so favorite topic – Rickards warned
investors to ignore the noise. In his view, the central bank is just
sounding a lot more hawkish than it will actually be in 2017.
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