Jim RickardsJim Rickards

James G. Rickards is the editor of Strategic Intelligence, Project Prophesy, Crash Speculator, and Gold Speculator. He is an American lawyer, economist, and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the rescue of Long-Term Capital Management L.P. (LTCM) by the U.S Federal Reserve in 1998. His clients include institutional investors and government directorates.

His work is regularly featured in the Financial Times, Evening Standard, New York Times, The Telegraph, and Washington Post, and he is frequently a guest on BBC, RTE Irish National Radio, CNN, NPR, CSPAN, CNBC, Bloomberg, Fox, and The Wall Street Journal. He has contributed as an advisor on capital markets to the U.S. intelligence community, and at the Office of the Secretary of Defense in the Pentagon. He has also testified before the U.S. House of Representatives about the 2008 financial crisis.

Rickards is the author of The New Case for Gold (April 2016), and four New York Times best sellers, Currency Wars (2011), The Death of Money (2014), The Road to Ruin (2016), and Aftermath (2019) from Penguin Random House. And his latest book, The New Great Depression was published in January 2021.

Trade Alert: Stiffer Competition Will Hurt This Streaming Giant (And An Adjustment on SCHW!)

The success of Netflix is undeniable. But, with success comes competition, including direct attacks on their model from much larger firms in the entertainment space. The ability of Netflix to beat quarterly expectations does not speak to the long-term challenges the company faces. Jim and Scott target this streaming giant as stiffer competition and slower growth will send its stock price lower. Also, we have a second adjustment trade for our SCHW position today.

Gold Note No. 5

Gold is priced and sold in many currencies other than the U.S. dollar. Foreign exchange and interest rate markets are among the most efficient in the world, much more efficient than stock markets. In today’s gold note, Jim gives insight on how exchange rates, interest rates and gold prices are connected.

How a Blue Washington Will Affect The Economy, Markets And You

In our first intelligence briefing of 2021, Jim gives insight on what to expect going forward as a volatile and uncertain Washington DC turns blue. He warns of major changes in monetary and fiscal policies as well as how markets will react. Also, Jim reveals what all the current volatility means for gold, real estate and hard assets in the coming months as a new surge in the pandemic brings threats of a new recession. He also answers your questions in an important Q&A session this month.

Gold Note No. 4

In Jim’s first gold note of the new year, he reviews gold’s performance during the past year and how it compared to other asset classes. Looking forward, he discusses the reasons both gold and silver will post strong gains in 2021 and why right now could be the best entry point of the year for both precious metals.