Video: Gold’s ‘Money’ Value is $4,000 to $11,000: Market Strategist

(CNBC) – Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, pointing to deflation as a lingering threat. The dollar has fallen 7 percent so far this year and likely has become a funding vehicle for bets on higher-yielding currencies in growing emerging markets. So how should investors guard their portfolios? Jim Rickards, senior managing director of market intelligence at Omnis, shared his insights.