From Jim Rickards, Editor, The Daily Reckoning: The mainstream media narrative about the U.S.-China trade war implies that Trump is on a highly damaging ego trip and China holds all the cards. The exact opposite is true. Trump has ample financial …
by Jim Rickards via Daily Reckoning All the talk about Russian tampering with the 2016 presidential election, which is vastly overstated by the way, diverts attention from the more fundamental problem: The vulnerability of America’s critical infrastructure to cyberattack by hostile actors. When …
TradersChoice.net, Released on 8/1/18 Jim Rickards: Investors Have Fallen Into a False Sense of Security In January 2018, two significant market events occurred nearly simultaneously. Major U.S. stock market indexes peaked and volatility indexes extended one of their longest …
by Jim Rickards via Daily Reckoning The news is being dominated by breathless headlines about the new trade war between the U.S. and China. But this trade war has been brewing for years and came as no surprise to readers of my newsletter, Project …
by Jim Rickards via Daily Reckoning My thesis is that currency wars are followed by trade wars and then finally shooting wars among major powers. This happened in the 1930s and it seems to be happening again. Currency wars begin in a condition …
via dailyreckoning: Jim Rickards believes the Fed has no way out of the mess it has created. But in true Fed fashion they will keep on robbing us through inflation, devaluation and force us to spend when they go to negative …
Image by iStock/baona From Jim Rickards, Editor, The Daily Reckoning: A major blind spot in U.S. strategic economic doctrine is the increasing use of physical gold by China, Russia, Iran, Turkey and others both to avoid the impact of U.S. sanctions …
by Jim Rickards of Daily Reckoning Investors can be forgiven for thinking they hit the trifecta last Friday. The U.S. Bureau of Labor Statistics reported that unemployment had dropped to 3.9%, the lowest in almost 20 years. The Federal Reserve Bank of Atlanta …
Physical Gold Fund, Released on 5/11/18 Click Here to Listen to the Interview http://www.physicalgoldfund.com/Download/Audio/TGC-May-2018.mp3 Topics: *Update on gold markets *New phase of financial warfare with Iran *Financial system chokepoints *US Dollar payments system *SWIFT transfers and third party influence *How …
by Jim Rickards of Daily Reckoining Liquidity is the ultimate paradox in finance. It’s always there when you don’t need it and never there when you need it most. The reason is crowd behavior, or what mathematicians call hypersynchronicity (a fancy word for …
From Jim Rickards, Editor, The Daily Reckoning: One of the most famous passages in American literature occurs in Chapter 13 of Ernest Hemingway’s The Sun Also Rises. It takes place in a café in Pamplona, Spain during the running of the bulls. …
by Jim Rickards of Daily Reckoning There are four major factors driving the market. The factors are growth, trade wars, geopolitics and regulation of technology. Each of the four factors has its own internal contradictions, in effect a binary outcome for each. This …
by Jim Rickards via Daily Reckoning The Federal Reserve, under new chairman Jerome “Jay” Powell, raised the federal funds target rate 25 basis points today. It was Powell’s first significant move as the new chairman of the Federal Reserve. Let me first give …
by Jim Rickards via Daily Reckoning Despite the absence of any empirical support, Fed governors and staff economics persist in their reliance on the Phillips Curve, which predicts that low unemployment leads to rising inflation. U.S. unemployment at around 4% is in fact …
by Jim Rickards via Daily Reckoning I’ve warned repeatedly that government regulators would be putting the squeeze on bitcoin and other cryptocurrencies. Well, the noose just got tighter. The Securities and Exchange Commission (SEC) announced yesterday that bitcoin and many other cryptocurrencies meet …
by Jim Rickards via Daily Reckoning 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 to avoid a debt default and government shutdown? …
Jim Rickards interviewed by Alex Stanczyk on The Gold Chronicles In this February edition of The Gold Chronicles, Alex and Jim take a deep dive into the economy, geo-politics, and of course, gold. There is extra care and attention paid to what …
by Jim Rickards via Daily Reckoning To understand the risk of contagion, you can think of the marlin in Hemingway’s Old Man and the Sea. The marlin started out as a prize catch lashed to the side of the fisherman Santiago’s boat. But, once …
by Jim Rickards via Daily Reckoning Barely a week after it set another record high, the Dow just suffered its worst one-day loss in its entire history. While the latest turmoil hasn’t reached the crisis level by any means, I’ve been warning about …
The Buck Sexton Show, Released on 1/24/18 Topics: -Coming Currency War with China -What if China decided to stop buying U.S. Treasuries? -Global financial war games -Political Triad: Trump – China Trade War – North Korea -U.S. Federal Reserve weak …
by Thinker DISCLAIMER: The author is well-known financial commentator Jim Rickards, and his report is a sales pitch or infomercial to order one of his subscriptions. The Following Message About President Trump Will Be Disturbing to Some Audiences. Come January …
Jim Rickards says we’re in a different world. The systemic risks have never been greater. The next financial crises will be unprecedented in its magnitude and the central bankers capacity to deal with it are diminishing. Were looking at an …
From Jim Rickards, Editor, Rickards’ Gold Speculator: I guess we can all use a break now and then, and this seems like one of those weeks when not much is happening. We had a tumultuous 10-day period from March 14–24, …
Financial expert James Rickards, who was one of the few that predicted a Trump Presidential win, says the new President has battles on many fronts. Rickards contends, “It’s one thing to say there is an opposition to a President. There …
From Jim Rickards, Editor, Currency Wars Alert: Six years ago in my first book, Currency Wars, I wrote, “There is nothing today that suggests the currency wars will end anytime soon.” Today, those words seem as true as ever. A …
From Jim Rickards, Editor, Rickards’ Gold Speculator: Investors are giddy now that the Dow’s broken through the mythical 20,000 mark. Many anticipate Trump’s economic agenda will spur the economy. But the most decisive factor in the implementation of the Trump …
by AMY S. Jim Rickards Economic Collapse Is Predicted In 2017 The collapse of the Western financial system will wipe out the standard of living of its population while ending ponzi schemes such as the stock exchange and the pension …
Over the coming months, I believe we could see an economic meltdown at least six times the size of the 2007 subprime mortgage meltdown… The next financial collapse, already on our radar screen, will not come from hedge funds or …