Jim Rickards Explains Why We Will See $10,000/oz Gold

Business Insider executive editor Sara Silverstein sits down with Jim Rickards, the editor of Strategic Intelligence and the author of Currency Wars: The Making of the Next Global Crisis. He breaks down his $10,000/oz price target for gold, saying that some central banks may have to resort to the gold standard to restore confidence in the markets. Rickards says that $10,000 is the perfect pricing in order to to avoid a disaster scenario.