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.

Trade Alert: The Stage Is Dark For This Concert Promoter

As the pandemic continues into the summer months, there is now a real possibility of another economic shutdown due to a re-energized virus that is devastating to both American lives and the U.S. economy. This possibility will hit many sectors of the economy hard, especially the leisure and entertainment sectors of the market. Jim and Scott target this leading concert promotion firm as it will continue to struggle during lockdowns resulting in a loss in entertainment activity.

New Prophesy Buy: 170% Upside As Opportunity NOCs

The best type of trades are asymmetric which exist when the odds of an upside move greatly outweigh the odds of a downside move. The combination of expanding national security threats and unlimited capacity to spend during the pandemic period is an ideal environment for a proven defense stock trade. Using the Prophesy indicator, Jim and Dan target this large-cap stock in the defense sector that has one of the most asymmetric setups in the entire market and is the best way to profit from increased national security concerns.

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.

New Prophesy Buy: Target 200% Gain as Investors Take a Bite out of Apple

While Apple shares have stretched to an all-time high based on robotic trading, algorithms and pure momentum, consumers have also increased savings and reduced their consumption especially on discretionary items. That behavioral change strikes at the core of Apple's business model. Using the Prophesy indicator, Jim and Dan target the tech giant as the best way to profit as its shares are overvalued and the stock is detached from fundamentals and the ongoing economic depression.