Currency warrior James Rickards shoots, misses

James Rickards, a partner at New York hedge fund JAC Capital Advisors and a frequent commentator and adviser in the US, was in town last week to tell investors that loose money is likely to end either in Weimar Republic-style hyperinflation or the revival of the gold standard. It’s an entertaining pitch, good for keeping people awake at a conference (Rickards spoke at a Macquarie event in Hong Kong and filled the Four Seasons’ ballroom) and for plugging his book Currency Wars: The…