Jim RickardsJim Rickards

James G. Rickards is the editor of Strategic Intelligence, Crash Speculator, Gold Speculator and Tactical Currency Profits. An Ex-CIA insider, he is also an American lawyer, economist, government advisor 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.

C.O.B.R.A. System Buy Alert: 90% Upside in FXC Puts

The Canadian dollar has been in a downtrend lately due to political and economic uncertainty. Meanwhile, the USD is rallying against all major currencies in recent trading . Using the C.O.B.R.A. system, Jim and Dan recommend a short position in FXC as investors rush to the safety of the U.S. dollar during the current global liquidity crisis which will reward savvy investors in this ETF.

Trade Alert: Make 50-100% as CAT Stock Cools

Government policies that include easy credit and bailouts have inflated prices for U.S. real estate, labor, and other factors of production. This has in turn underminded the global competitiveness of the U.S. manufacturing sectors that sell abroad. Jim and Dan target a leading heavy equipment manufacturer as headwinds from international trade policies and currency manipulation cools its stock price.

Gold Note No. 20

Gold prices have been trading in a range for the past year. Even with exceptional volatility, it has also showed exceptional resilience. This should give investors comfort in avoiding much downside while waiting for the upside. With a coming liquidity crisis in the Eurodollar market and Chinese real estate, investors will soon be running for gold.

The Strength of Currency Is What It’s Compared To

The key to determine the strength of a currency is to watch increased capital flows as a result of good policy. Better policies result in stronger currencies. The dollar will do better against those who are in disarray and will weaken against those who are on a more productive path. It can be stronger and weaker at the same time. Its strength depends on what it’s compared to.

Rising International Tensions: An Investment Guide

Jim discussed foreign adversaries and how current international events will have an impact on your investments. He reviewed current global hotspots and why every investor should be aware of geopolitical events that may cause financial panics and market volatility. This briefing was especially timely given the global tensions that exist today. Jim also conducted a Q&A session during this important briefing.

C.O.B.R.A. System Buy Alert: 50% Upside On British Pound Calls

The relationship between policy factors and capital flows is somewhat circular. Good polices and resulting good growth will act as a magnet for inbound capital. That capital will then finance and power the hope for growth. Using the C.O.B.R.A. system, Jim and Dan recommend a long position in FXB as investors see the UK as the only major developed economy that is trying to manage its budget and the sterling will be rewarded with capital inflows.