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by Jim Rickards via Daily Reckoning Investors have been speculating for years about the demise of the “petrodollar” deal struck by Henry Kissinger and Treasury Secretary William Simon in 1974. It was first … Read more
BY JOHN RUBINO Jim Rickards: In the next financial panic, “gold will be going up $100 a day, $1,000 a week” … Noam Chomsky on the Russiagate “farce” … Glenn … Read more
Four time best-selling author Jim Rickards says “The time to buy gold is when sentiment is low and people hate it. . . . So, the bull market is intact.” … Read more
by Jim Rickards via Daily Reckoning I try to avoid partisan politics in my analysis. And I never try to tell people how to vote or what they should think. I trust my … Read more
Jim Rickards interviewed on The Investor’s Podcast Interview starts around the 1:40 mark. – Jim begins talking about fiat US dollar dominance as a tool of geopolitical power. – How … Read more
via dailyreckoning: We’ve written numerous times about the likelihood of a Chinese credit crisis, and the risks of contagion from such a crisis in China and the global economy. Despite … Read more
via dailyreckoning: Since the end of QE and the “taper” in October 2014, the Fed has been trying to “normalize” their balance sheet and interest rates. The balance sheet needed to … Read more
via dailyreckoning: Remember the “tea party” revolt in 2009–2010 against government bailouts and government spending? Remember the “fiscal cliff” drama of Dec. 31, 2012, when Congress raised taxes and cut spending … Read more
From Jim Rickards at The Daily Reckoning: On Saturday, Dec. 1, at the end of the G-20 meeting in Buenos Aires, President Trump and his team of trade and finance advisers … Read more
via dailyreckoning: In 2017, the financial world was filled with talk of synchronized sustainable growth in major economies for the first time since before the 2008 global financial crisis. This was … Read more
From Jim Rickards, Editor, The Daily Reckoning: “I will not be the one to break the peace we have made here today.” With those words, the Godfather, Don Corleone, played by … Read more
by Jim Rickards of Daily Reckoning You are well aware that the Federal Reserve is raising interest rates. This policy started in December 2015 with Janet Yellen’s “liftoff” from zero and has continued … Read more
via dailyreckoning: I’m in Dublin, Ireland, today, where I was honored and humbled to receive a writing award from Trinity College. It’s my job to continue pointing out the risks to … Read more
by Jim Rickards of Daily Reckoning Unless you’ve been living under a rock somewhere, you know the critical midterm elections are tomorrow. The outcome will likely have a major impact on President Trump’s … Read more
From Jim Rickards, Editor, Daily Reckoning: My specialty is global macroeconomic analysis. I don’t usually get too involved in politics, and frankly I’d prefer to avoid the subject altogether. But at … Read more
by Jim Rickards via Daily Reckoning Here’s the lay of the land. The Senate is currently divided between 51 Republicans and 49 Democrats (including two Independents who caucus with the Democrats). A change … Read more