Jim RickardsJim Rickards

James G. Rickards is the editor of Strategic Intelligence, Project Prophesy, and Crash 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 three New York Times best sellers, The Death of Money (2014), Currency Wars (2011),and The Road to Ruin (2016) from Penguin Random House. And his latest book, Aftermath was published in July, 2019.

Is Trump’s Red Wave Coming?

In this month's intelligence briefing, Jim discusses the upcoming midterm elections and how Republican chances are much better than the mainstream media is reporting. Jim drills down into the analytical side of polling data and reveals how pollsters are making the same mistakes today as they did in the last presidential election. He also explains how a "red wave" could affect the markets and how to position your money in the short term right after elections as well as into 2019.

New Prophesy Buy: Trade the Italian Job Rebound for 150% Gains

Italian stock and bond markets had one of their worst days in recent history last week as investors began to dump Italian assets on news of a higher deficit target than requested by the EU. However, this reaction is premature as Italy’s plan for government spending will stimulate the economy in the short term as seen by a rise in consumer confidence. Jim and Dan give their insight on why Italian stocks are ready to rebound and provide a buying opportunity at an excellent low entry point to reap huge gains in the months ahead.

A Three-Way Train Wreck Is About to Derail the Markets

The ongoing China trade war tensions and U.S. sanctions on Iran are understood by most investors. What is not understood is how these two confrontations are linked in a crisis that could throw the global economy into turmoil and possible acts of war. Today, Jim explains how China and Iran’s confrontation with the U.S. could play out and cause massive damage to financial markets.

Don’t Miss the Signs of Another Slow-Motion Meltdown

The last two financial crises did not happen overnight. Investors had ample time to reduce risky positions and profit from depressed prices in the aftermath. Yet few investors recognized the signs of these slow-motion meltdowns and many suffered losses as a result. Today, Jim cautions against missing these signs of the “slow motion” effect of contagion in markets and advises not to wait for reality to catch up to perception.