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.

Bubble Score Alert: On The Hunt For Profits In Trucking

Transportation and trucking companies are not immune to the global supply chain breakdown that is plaguing logistics providers on a global basis. With driver shortages, equipment shortages, and logistics bottlenecks facing truckers since 2019, revenues will suffer as a result. Using the Bubble Score system, Jim and Dan recommend put options on one of the largest trucking companies in North America as these headwinds will impact its earnings and drive down its stock price.

Gold Note No. 39

Are we having fun yet? An investor might well be asking, why own gold as a safe haven and store of wealth with the higher drawdowns of the gold price lately? In Jim’s latest gold note, he details a few bits of good news buried in technical analysis and why investors’ patience will be rewarded with holding gold, an asset class that exhibits limited downside and unlimited upside.

Economic Realities: A Recession And The Coming Control Of Your Money

This month, Jim briefs you on the recession that has hit as a result of the aggressive Fed rate hikes slowing the economy. With negative growth forecasted for the second quarter, Jim details what high inflation combined with stagnant growth does to our economy and what you can do to protect your wealth during these treacherous times. During this call, he also analyzes what the U.S. government’s plan to roll out “Biden Bucks” means for your money, as well as what a ban on physical cash means for your liberties and freedoms. As Jim warns, being prepared with knowledge is key to protecting your assets. A Q&A session is conducted on this call as well.

Trade Alert: Our Third Bite Of The Apple in 2022

Even the best-managed companies can run into headwinds that are beyond their control and earnings can suffer accordingly. Currently, Apple is being hit with four headwinds that will cause its stock price to decline materially. Jim and Dan recommend a put spread on AAPL as both global economic pressures and China’s public health policy will impact its share price in the coming weeks.

July State of the Market Update

Jim gives his latest update on Fed news and reveals a coming “train wreck” between Fed policy and the real economy. In this month’s State of the Market video, he also reveals why we are already in a recession and gives his outlook for markets heading into the second half of the year. Watch the video for all the details.

Bubble Score Alert: Xi’s Zero Covid Policy is Wrecking This ETF

As the Federal Reserve continues to raise interest rates in the U.S., dollars are draining out of China in search of higher returns. This puts downward pressure on Chinese stocks along with other headwinds, including the pandemic and prohibitions on high tech transfers to China. Using the Bubble Score system, Jim and Dan recommend put options on the leading exchange traded fund that tracks the performance of major Chinese stocks as a recent rally won’t last and major headwinds to growth will send its stock price plummeting.