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.


The Economic Damage of a Biden Tax Hike

For our April intelligence briefing, Jim discusses the impact of the proposed Biden tax hikes and what it means for corporations, individuals and investors. This includes Mr. Biden’s plan for the little-reported taxing of U.S. companies’ global profits. Jim details the threat to American competitiveness in the world with a global minimum tax proposal. Also, he discusses the Archegos Capital meltdown and its impact on markets in the future. We will also have a Q&A session during this important briefing.

Trade Alert: This Ecommerce Leader Has Serious Limitations To Growth

Welcome to our first issue and recommendation. Online e-commerce has thrived in the past year due to pandemic lockdowns which created more traffic online. But start-ups are difficult to sustain in a competitive world as many small business owners have found out, especially with the added economic pressures of the pandemic. Jim and Scott target this leading ecommerce leader as customer churn and high-end competition constrain its business model. This will result in a correction to its share price.

Trade Alert: This Ecommerce Leader Has Serious Limitations To Growth

Online e-commerce has thrived in the past year due to pandemic lockdowns which created more traffic online. But start-ups are difficult to sustain in a competitive world as many small business owners have found out, especially with the added economic pressures of the pandemic. Jim and Scott target this leading ecommerce leader as customer churn and high-end competition constrain its business model. This will result in a correction to its share price.

Gold Note No. 9

What you pay for gold is not the stated price of gold. All transactions have commissions, fees, mark-ups, bid/offer spreads or some kind of transaction costs. Adding in price disparities, physical shortages and delivery delays shows the disparity between the perceived COMEX price of gold and the actual physical delivery price. When perception and reality diverge, reality always wins.

Trade Alert: A Spending Strike Will Make This Online Retailer Low Priority

As stimulus checks start going out to Americans, consumers are paying off existing debts and are saving what’s left over. This “spending strike” represents a major change in U.S. consumer behavior resulting from the economic shock of the pandemic. Jim and Scott target this online retailer as reduced discretionary spending affects its bottom line and puts pressure on its stock price.