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.

Gold Note No. 15

Gold tanked after the Fed announced that interest rate hikes may occur earlier than expected on inflation fears. Markets reacted badly to this and brought gold prices down with it. In today’s gold note, Jim gives insight on why inflationary consumer price increases are not sustainable and reveals the outlook for gold prices in the coming weeks.

Gold Note No. 14

Bonds and gold are much better indicators than the stock market in forecasting where the economy is going and the signals are clear. The economy is slowing, labor markets are weak, disinflation and even deflation are on the horizon, rates are going down and gold has a great entry point. Reality is catching up with the narrative of higher inflation. This is your chance to stay ahead of a changing narrative by buying gold.

Trade Alert: Audiences Will Disappoint This Concert Promoter’s Shareholders

It is true that the pandemic is fading, mask mandates are being dropped and live entertainment venues are gradually reopening with pre-pandemic capacities allowed. The problem is that just because the venues are open, it does not mean the crowds will follow. Jim and Dan target this leading live entertainment promoter as Americans and audiences abroad that used to attend live entertainment events will not easily lose their fear of crowds and this will put pressure on its stock price as a result.

MIDAS June Portfolio Update

Deeply negative real yields on Treasury bonds are a classic bullish signal for gold prices. And right now, real yields are as low as they’ve been in decades. With rising gold prices, you’ll want to hold several of our stock recommendations, which are diversified across geography and stage of company development. For now, Dan gives updates on all the open positions in the portfolio, including a ticker symbol change along with several buy limit price changes. Also, one position has moved from buy status to a hold.

Strategic Intelligence June Portfolio Update

As meme stocks continue to create havoc for fundamental investors, one way to navigate this new environment is to limit stock positions to carefully chosen companies that you’re happy to hold over the long term, even if they trade lower in the near term. The silver lining in today’s cloudy market environment is that once manias fade, people tend to rediscover classic, time-tested investing principles. For now, Dan gives guidance on all the open positions in the portfolio, including four positions moved from buy status to a hold.

Biden’s Bubble Economy

In the June edition of the live intelligence briefing, Jim looks at the macro picture and what is in store for the rest of the year and how this will affect investors and their asset allocations. He also uses his experience as a financial analyst and digs deep into the narrative that is being pushed by the Biden Administration and the Fed and how that varies from the reality of our current and future economic situation. Jim also conducts a Q&A session during this briefing. Listen to the audio or read the transcript here.

Gold Note No. 13

As the gold price increases, you’ll get more gold for your money at the outset and high percentage returns as it rallies from a lower base. Toward the end of the long march to $15,000 per ounce, you’ll have bigger dollar gains because you started with more gold. In today’s gold note, Jim gives insight on the models used to calculate his gold price forecast and why now is the time to get your bullion.