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.


Trade Alert: 150% Gains As China Property Sinks This Bank

The collapse of the Evergrande real estate finance empire inside China will have ripple effects throughout the real estate markets and global financial system. Banks who are major lenders in these property markets will suffer damage in real time. Jim and Dan focus on one of the world’s largest banks as its earnings and stock price will suffer and astute investors can make significant gains as a result.

Trade Alert: 150% Gains As China Property Sinks This Bank

The collapse of the Evergrande real estate finance empire inside China will have ripple effects throughout the real estate markets and global financial system. Banks who are major lenders in these property markets will suffer damage in real time. Jim and Dan focus on one of the world’s largest banks as its earnings and stock price will suffer and astute investors can make significant gains as a result.

Gold Note No. 21

The volatility of the gold price and its recent downward movement has gold investors frustrated. But there is ample room for continued bullish sentiment even in the face of periodic drawdowns. Jim discusses the economic indicators that will bring lower interest rates and a higher gold price as a result.

C.O.B.R.A. System Buy Alert: 90% Upside in FXC Puts

The Canadian dollar has been in a downtrend lately due to political and economic uncertainty. Meanwhile, the USD is rallying against all major currencies in recent trading . Using the C.O.B.R.A. system, Jim and Dan recommend a short position in FXC as investors rush to the safety of the U.S. dollar during the current global liquidity crisis which will reward savvy investors in this ETF.

Trade Alert: Make 50-100% as CAT Stock Cools

Government policies that include easy credit and bailouts have inflated prices for U.S. real estate, labor, and other factors of production. This has in turn underminded the global competitiveness of the U.S. manufacturing sectors that sell abroad. Jim and Dan target a leading heavy equipment manufacturer as headwinds from international trade policies and currency manipulation cools its stock price.

Gold Note No. 20

Gold prices have been trading in a range for the past year. Even with exceptional volatility, it has also showed exceptional resilience. This should give investors comfort in avoiding much downside while waiting for the upside. With a coming liquidity crisis in the Eurodollar market and Chinese real estate, investors will soon be running for gold.

The Strength of Currency Is What It’s Compared To

The key to determine the strength of a currency is to watch increased capital flows as a result of good policy. Better policies result in stronger currencies. The dollar will do better against those who are in disarray and will weaken against those who are on a more productive path. It can be stronger and weaker at the same time. Its strength depends on what it’s compared to.