Posts by James G. Rickards
Trump Trial Date For January 6 Events Is Set. One Day Before Super Tuesday
Donald Trump is currently under indictment for over 100 felonies in four different jurisdictions (state courts in New York and Georgia and federal courts in Southern Florida and Washington DC). This means four different trials under four judges with different start dates and important differences in procedure and law. Of course, Trump is running for…
Read MoreFed Says Inflation Battle Not Over. Get Ready For More Rate Hikes
As reported in this article, Federal Reserve Chair Jay Powell took the podium at the Fed’s annual retreat in Jackson Hole, Wyoming on August 25. What did Powell say, and what are the implications for investors and global markets? Subject to the usual qualifiers about data dependence and observing economic developments, Powell’s remarks at Jackson…
Read MoreIt’s an Election Year So It’s Time For a Pandemic. Mandatory Shots Coming
Well, it’s an election year, so it must be time for another pandemic scare and mandatory vaccinations. Joe Biden is delivering both right on time. We all recall the pandemic scare of 2020. It is true that those over 60 years old with comorbidities such as diabetes, obesity or pulmonary disease were at risk from…
Read MoreThe Total Surveillance State Is Here. It Begins With a Tax Bill
We’ve issued many warnings about central bank digital currencies (CBDCs) and their potential use as surveillance tools to track what you are buying, what charitable contributions you make, what political contributions you make, what religion you follow, and much more. Processing this information using artificial intelligence tools, it is possible to develop a profile of…
Read MoreHave Trump’s Prosecutors Outsmarted Themselves?
Not much needs to be said about the fanatical effort to put Donald Trump on trial and convict him of various crimes before the 2024 elections. These efforts have almost nothing to do with the normal administration of law and everything to do with an obsessive desire by elites of both parties and the media…
Read MoreHistory’s Starting to Rhyme…
Has World War III already begun? That’s not a facetious question meant to grab attention. It’s a legitimate question. It’s often the case that momentous events begin in small ways and expand out of control. In retrospect, it seems obvious that war was inevitable. But at the time, it’s not obvious at all. Events might…
Read MoreAnother “Wonder Weapon” Won’t Help Ukraine. They’re Losing the War.
The history of U.S. weapons supplies to Ukraine over the past year is one of complete failure. The U.S. supplied M777 howitzers to Ukraine and then proceeded to run out of the 155 mm shells used by that artillery. The U.S. supplied HIMARS precision-guided artillery only to discover that the Russians could jam the GPS…
Read MoreBiden Reaches New Lows With Contemptible Visit to Maui
It’s beyond obvious to say that Joe Biden is seriously mentally impaired and appears physically drained, perhaps near death. It’s equally clear that Biden is the most corrupt president in U.S. history, worse even than Harding in Teapot Dome, Nixon in Watergate, and Clinton putting national security up for sale to the highest bidder. Obama…
Read MoreIf You Shoot at The King, Don’t Miss
There’s an old expression in politics – if you shoot at the King, don’t miss. The meaning is clear. If you are attempting to overthrow a ruler and you have some military or other backing on your side, make sure you kill the ruler on the first shot. If you miss, or if your plan…
Read MoreThis Story Unlocks the Conundrum Between Weak Data and Strong Growth
Many economic analysts (myself included) have been both pointed and consistent in warning about an economic recession, which could be severe. There are many factors that point in that direction including inverted yield curves (a bet on much lower interest rates), negative swap spreads (an indication of bank balance sheet constraints), tightening credit standards, reduced…
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