Category: Jim Rickards

James Rickards: The Fed’s Road Ahead

I’m a big critic of the Fed models, but that’s because they’re obsolete and they don’t record with reality. You need the right ones. In a typical business cycle, the economy starts from a low base, then gradually business starts expanding, hiring picks up, more people spend money, and businesses expand. Eventually, industrial capacity is…

Why the Fed Will Fail Once Again

John Maynard Keynes once wrote, “Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.” Truer words were never spoken, although if you updated Keynes today, the quote would begin with “practical women” to take account of Fed Chair Janet Yellen. The “defunct economist”…

Rickards: The Real Reason for the Fed Hikes

It’s been an interesting day. Cryptocurrency Ethereum hits a record high as OPEC oil production increases thanks to Iraq and Libya. Jim Rickards joins us live to talk about what’s going on tomorrow at the Federal Reserve while Beijing scores a major win as Panama establishes ties with China, leaving Taiwan out in the cold.…

Dollar May Become Local Currency Of The U.S.

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up, we’ll hear part one of an amazing two-part interview with Jim Rickards, author of Currency Wars, The New Case for Gold and The Road to Ruin. Jim shares his insights on the Fed’s supposed plan to unwind its balance sheet and what it…