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.

The Real Economy: It’s Even Worse Than You Think

In this month's intelligence briefing, Jim discusses an important but little noted phenomenon of the pandemic and depression that will have economic ramifications for years to come. He also details upcoming critical events happening in the coming weeks that shows the impact of the new depression is worse than most analysts are telling you. This will have severe implications for your money and the markets moving forward. As always, Jim answers your questions in the Q&A session.

Trade Alert: Higher Vacancies Put Pressure On This Iconic Hotel Brand

The results of the economic shutdown have been devastating for many businesses, both large and small. In particular, the combination of pandemic fears, travel restrictions and greatly reduced spending has hit the hotel sector worse than almost any other industry. Jim and Scott target this iconic hotel brand as continued struggles with reduced business travel and consumer spending will negatively impact vacancy rates and put extreme downward pressure on its stock price.

Trade Alert: Don’t Bet on This Resort Operator as High Rollers Stay Away

During the economic lockdown, many luxury resorts and casinos have suffered due to travel bans and the desire of many travelers to avoid air travel completely. Just as the high-tech industry was among those least affected by the pandemic, the casino resort industry was among those worst affected. Jim and Scott target this luxury resort operator as a major casualty of the economic crash and lack of discretionary spending by consumers on entertainment and leisure activities.