Jim Rickards: A Trillion-dollar Game of Chicken
by JAMES RICKARDS Most of my readers have followed the ongoing debates in Washington, D.C., about the $1 trillion infrastructure bill and the $3.5 trillion welfare bill now pending in Congress.
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Jim Rickards: The Next “Lehman Moment”
BY JAMES RICKARDS The happy talk out of Wall Street would have you believe that the Evergrande financial collapse in China is under control and that responsible parties have taken
Everyone says “no credit crunch” meanwhile the China HY says the opposite… Jim Rickards: ‘Mainstream are clueless as usual.’
Everyone says “no credit crunch” meanwhile the China HY says the opposite pic.twitter.com/9uGZP9Szrh — 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) September 21, 2021 The FOMC is deeply troubled by the "unsustainable credit boom" in
Jim Rickards: We’re now past the point where a majority (who pay no tax) can tax the minority (who do pay) to redistribute income and support federal benefits. That condition never lasts long, never ends well.
60% of U.S. Households paid no income tax in 2020. So, we're now past the point where a majority (who pay no tax) can tax the minority (who do pay)
Gold Standard vs. Fiat Money, 50 Years Later— Are We Better Off? : Jim Rickards
August 15, 2021 marks the 50th anniversary of the end of the gold standard in the U.S. In 1971, President Richard Nixon formally unpegged the U.S. dollar from gold, meaning
Jim Rickards: A Global Liquidity Crisis Is Underway
BY JAMES RICKARDS I’ve been analyzing currency wars for years. In fact, I’ve written a book called Currency Wars, so I have some expertise in the subject. A new front in
Jim Rickards: Stop the Lies!
BY JAMES RICKARDS Health officials continue to lose credibility over COVID-19. They seem to change their minds daily based on whim rather than science. But that’s been the case since
Jim Rickards on the Economy: Not a Recovery, But a Disaster
BY JAMES RICKARDS Last week, the U.S. Commerce Department reported second-quarter GDP for the U.S. rose at a 6.5% annualized rate. From 2009 to 2019 (the recovery from the 2008 global
Jim Rickards: The Battle of the Censors
BY JAMES RICKARDS Two sides are attacking free speech, but their arguments are so irrational they end up attacking each other. On one side are Facebook, Google, and the Google-owned YouTube
Jim Rickards: China Is A Fragile Giant
BY JAMES RICKARDS I’ve made many visits to China over the past thirty years and have been careful to move beyond Beijing (the political capital) and Shanghai (the financial capital)
Jim Rickards: The great international monetary reset is here
BY JAMES RICKARDS For years, currency analysts (myself included) have looked for signs of an international monetary “reset” that would diminish the dollar’s role as the leading reserve currency and
Jim Rickards: Could the Fed Actually Be Right?
BY JAMES RICKARDS You can’t have it both ways, but that doesn’t mean you can’t try. That’s what Joe Biden is doing right now. On the one hand, Biden policies are,
Rickards: The Greatest Policy Blunder Ever
BY JAMES RICKARDS Since the outbreak of the pandemic, the “respectable” media has pushed the theory that the virus came from a wet market in Wuhan, China. Any talk that
Jim Rickards: The Sky Is Falling
BY JAMES RICKARDS What do you think is America’s most serious geopolitical challenge — China, Russia, Iran, maybe North Korea? None of the above, apparently. According to President Biden’s Director
Jim Rickards Exposes The Myth of “Efficient Markets”
via dailyreckoning: What took Wall Street so long to figure out something I’ve been saying for months? Six months ago, even before the presidential election in November, I began warning my
Rickards: MMT Is A Disaster Waiting To Happen
Authored by James Rickards via The Daily Reckoning, MMT is the most potentially-damaging economic doctrine I have ever encountered, with the exception of communism… Let’s begin with the idea that
Jim Rickards: The Fight For 2020 Has Begun And The Impact On Markets Will Be Profound
by Jim Rickards via Daily Reckoning The focus of the anti-Trump forces has shifted. Trump was not removed from office as his opponents had hoped. And the long-awaited Mueller report on “collusion” by
Jim Rickards: Cracks Getting Bigger As Saudis Threaten To End Petrodollar
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
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” …
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
Jim Rickards – Fed Can’t Get Out – Buy Gold Now, Fed Desperate for Inflation Bullish for Gold
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.”