Tags: Jim Rickards

Unprecedented policies always bring unintended consequences. Weidentify these hidden fractures. There are many at the moment, and we’ll be writing to you about those in the months ahead. The ongoing currency war is not new. In fact, the war has been raging since 2010. That’s when President Obama announced the National Export Initiative (NEI) in…

A Fata Morgana is a kind of mirage in which distant objects at sea appear to be floating in midair or upside down, sometimes both. One famous literary description of a Fata Morgana occurs in Chapter 135 of Herman Melville’s masterpiece, Moby Dick. As Ahab is pulled overboard, and the White Whale rams the Pequod,…

When the government spends, the economy starts moving again. According to the prescription, it doesn’t even matter what they spend the money on. A lot of elites believe that that’s true. Of course, the government is excellent at spending money. Democrats will probably spend on community organizers and teacher’s unions. Republicans will probably spend on…

I put the odds that we’re already in the early stages of a recession at about 76%. All the signs from the U.S. economyare negative. The current behavior in the stock market is exactly what I’ve expected to see at the beginning of a recession, too. Stock markets are leading indicators of recession. They typically…

Despite recent market volatility, the Fed is still on track to raise interest rates says bestselling author Jim Rickards. That said, the central bank is tightening based on incorrect models and will eventually be forced to start easing again, the author of Currency Wars suggested in this latest blog post. “Investors should expect near recessionary…

After speaking with former Federal Reserve chairman Ben Bernanke, best-selling author Jim Rickards may have found a way to predict the central bank’s next policy move, especially as stocks continue to struggle. Rickards, also a senior managing director at Tangent Capital, argued that the Fed only cares about the stock market when it rallies, and…

When I started in banking in the mid-1970s the Federal Reserve said nothing — literally. There were no press conferences, no timely release of board minutes and no policy speeches (if a governor or reserve bank president gave a speech, it was commemorative only). Mandated congressional testimony consisted of incoherent mumbling behind clouds of cigar…

Dear James, I need to send a secure email to you on behalf of __________. I will not be using my usual email… To which email address should I send the message? You may have been informed that the government incarcerated me for six weeks… More on that in my message. Tq and God bless,…

Billionaire investor Sam Zell just joined a growing number of experts predicting a U.S. recession within the next 12 months, so Edward Harrison breaks down his reasoning for doing so. Then, Jim Rickards, editor of Strategic Intelligence and author of “The Death of Money,” offers his analysis of the IMF’s decision to classify Russia’s $3…