Independent thinking for complex markets and current events
via James Rickards The new Trump administration is off to a fast start. All of the key nominations for the Trump cabinet and White House staff have been made, the Senate confirmation hearings (where needed) have mostly been held and some of the key positions have already been filled. Trump signed a large pile of …
By James Rickards An important feature of Trump’s second term will be his actions on the first day. Trump will sign a flurry of executive orders (EOs) on the day he is sworn in (January 20, 2025) and the following day. The exact number is not known but it will easily be 50 orders or more. …
At least Harris is honest. The blood of 500,000 dead Ukrainians on her hands is not enough. She and the other DC warmongers want more blood, more dead. If she wins, she'll have it.https://t.co/npuR8JGsNh — Jim Rickards (@JamesGRickards) October 8, 2024 Vice President Kamala Harris said she would not meet with Russian President Vladimir Putin …
via theinstitutionalriskanalyst: October 1, 2024 | As we completed the revisions to “Inflated: Money, Debt & the American Dream” last week, we had an opportunity to speak with a number of close observers of the dollar and the Treasury market about what has changed in the political-economy over the past 15 years. Answer, a lot. We …
via Daily Reckoning I’d like to start today’s issue by extending my thoughts and prayers to those impacted by Hurricane Helene, which has devastated significant portions of the southeast with massive flooding. The death toll is over 100 and may increase significantly. Let’s all hope the affected areas will recover. Moving on, with so much …
FBI official in charge of the investigation of the attempted assassination of Trump in Florida is a notorious Trump-hater. He was ordered by the FBI Director to scrub social media posts attacking Trump. So, you know, we'll get a full, fair investigation.https://t.co/ajJRm6Rhpn — Jim Rickards (@JamesGRickards) September 17, 2024
They got the GDP when they built them. Where's the write-off now? China's economic "success" is a paper-thin fraud. It's now catching up with them. https://t.co/PAzckoVhGt — Jim Rickards (@JamesGRickards) September 2, 2024 The property crisis in China continues to weigh down the economy This morning has brought more news on the ongoing Chinese property crash …
NATO says Ukraine is on an "irreversible" path to membership. In that case, Ukraine is on an irreversible path to being wiped off the map. The fabulists in the Collective West still don't get it.https://t.co/RYpL5mXsNt — Jim Rickards (@JamesGRickards) July 11, 2024 Ukraine is on an “irreversible” path to NATO membership, the 32 members of …
Here are the real gold powers ranked by their ratio of gold to GDP. The ranking shows how much real money each has to support its economy: Russia – 8.3% Switzerland – 7.6% Italy – 7.4% France – 5.3% Germany – 4.9% U.S. – 1.9% India – 1.4% Japan – 1.3% China – 0.80% UK …
BY JAMES RICKARDS The Fed rate remained unchanged as a result of the FOMC meeting last week. But what’s the future look like? Today, I’ll explain what happened in terms of policy moves, what Fed Chair Jay Powell believes will happen next and what will actually happen. The difference between Powell’s expectations and market expectations creates …
Normally this means war. Although with Biden it might just mean another spoon-feeding of pablum and some empty words.https://t.co/204aCaHI0H — Jim Rickards (@JamesGRickards) December 3, 2023 A US warship and three commercial vessels were attacked in the Red Sea off Yemen on Sunday — an intense development that American officials said appeared to be “fully …
via JAMES RICKARDS: Analysts note that U.S. inflation is coming down and that interest rates are coming down at the same time. Many assume this is good news for the economy and especially good news for stocks. But that superficial analysis does not hold up to scrutiny. With regard to interest rates, it is true …
The Chinese are ramming Philippine vessels in the South China Sea. That's on top of wars in Ukraine and Gaza. See what happens when there's no one home at the White House except a senile husk? Things will get worse. Count on it.https://t.co/bUIiWTYxOh — Jim Rickards (@JamesGRickards) October 24, 2023 Escalation of the Israel-Hamas War …
via JAMES RICKARDS: You’re probably aware that Fitch has downgraded the credit rating of the United States from AAA to AA+. It was big news last week. That’s nothing to cheer about, though it’s not likely to have much impact on the markets in the short run. It’s more of a long-term problem. But it’s …
via JAMES RICKARDS: There are signs of recession everywhere and these are good indicators. It’s not just sentiment or guesswork. I’m not going to get into the weeds here, but things like inverted yield curves and negative swap spreads, among other indicators, are all pointing to recession. In addition to those technical indicators, manufacturing is …
via JAMES RICKARDS: The currency wars are alive and well. Here’s the latest battle… Over the past nine months, the Japanese yen rallied 13% against the dollar. But now the yen has started to fall in value. This decline is not surprising. Japan’s economy has been flirting with recession. A new recession, likely in my …
Guest Post by James Rickards via dailyreckoning.com I’ve been studying monetary economics for about 50 years. All of my research has led me to one conclusion — we’re going to see the collapse of the international monetary system. When I say that, I specifically mean a collapse in confidence in paper currencies around the world. …
Biden provoked the War in Ukraine by insisting on NATO membership. Now that 300,000 Ukrainians are dead or wounded, the country is destroyed, and Russia is winning, Biden says "just kidding" and that Ukraine not ready for NATO membership. What an idiot.https://t.co/ojRYah24lI — Jim Rickards (@JamesGRickards) July 9, 2023 “We have surrounded Russia with missiles …
by Little Lost Biden & Exec. Order 14067 Soon your cash will be confiscated for will become worthless paper. The cash you have will be replaced by programmable digital tokens. Few outside the deep state recognize this move for what it really is. Every digital dollar will be programmed by the government, they will be …
Guest Post by James Rickards via dailyreckoning.com Globalist elites like to talk about democracy. But in reality, they don’t believe in democracy. When the U.K. voted for Brexit in June 2016, the globalists were stunned. They couldn’t believe it. They then did everything they could to delay and fight Brexit. Then when Donald Trump won …
via James Rickards I recently revealed that the so-called “BRICS+” countries will announce the creation of a new currency at its annual leaders’ summit conference on August 22–24. This will be the biggest upheaval in international finance since 1971. It’s taking direct aim at the dollar. Quite simply, the world is unprepared for this geopolitical …
Authored by James Rickards via DailyReckoning.com, On Aug. 22, about 2½ months from today, the most significant development in international finance since 1971 will be unveiled. It involves the rollout of a major new currency that could weaken the role of the dollar in global payments and ultimately displace the U.S. dollar as the leading …
Zelensky wants more Patriot missile systems. That because the Russians destroyed 1/3 of the systems he had with hypersonic missiles. Face it, Ukraine is a lost cause. All that remains is negotiation or escalation toward nuclear war. Biden will escalate.https://t.co/iMT31SDntY — Jim Rickards (@JamesGRickards) June 5, 2023