Posts by James G. Rickards

Since the Federal Reserve began its campaign of raising interest rates in March 2022, we’ve said the art of forecasting Fed rate hikes (or, most recently, a “skip” on rate hikes) is straightforward. Basically, the Fed leaks its intentions in advance. You just have to know where to look (and we do). This is the…

This article offers a balanced and insightful view of the cover-up of Hunter Biden’s crimes and the corruption of the Biden Crime Family. It has been well-known for years that President Biden’s son, Hunter Biden, engaged in a long string of crimes apparently including hard drug use, weapons violations, bribery, tax evasion, engaging with prostitutes, and worse.…

Over the weekend of June 23-25, the world was mesmerized by news from Russia of an attempted coup. Here’s the background: In addition to regular armed forces, Russia has several private armies. These are composed of paid mercenaries and released prisoners who work for private companies. The companies in turn sign contracts with the Russian…

This story is chilling, but it has lessons for us all. A Marion, Ohio tax preparer received a house call from an IRS agent who claimed his name was “Bill Haus.” The agent said he was there to make inquiries about an estate tax return the preparer had filed and said that the estate owed a “substantial…

Electric vehicles (EVs) were invented in the nineteenth century. They were enormously popular in the early 1900s. As late as 1910, most of the taxicabs in New York City were EVs. As late as the 1950s, the East German postal system used EVs to deliver the mail. Most golf carts are mini-EVs; they work fine.…

Most readers have heard a lot about the criminal charges that have been leveled against Donald Trump and the additional wave of charges on the way. Trump has been indicted by a Manhattan grand jury on charges of fraudulent violation of books and recordkeeping statutes by not reporting campaign contributions in kind during his 2016…

In this report, President Biden accuses  Russian President Putin of preparing to use tactical nuclear weapons in Ukraine. Such warnings are not new. Biden has been accusing Russia of threatening to use nuclear weapons since the start of the War in Ukraine in February 2022. Some perspective is needed to assess this claim. For the record,…

In 2008, California voters approved the construction of a high-speed rail link between Los Angeles and San Francisco that would run mainly through the Central Valley, as described in this article. That was fifteen years ago. One would think that by now you’d be able to board the super-train in Los Angeles and ride in perfect…

The news last week (and this week) is dominated by reporting about the indictment of former President Donald J. Trump on multiple felony charges related to the mishandling of allegedly classified documents. I write “allegedly” because it’s not at all clear that the documents actually were classified when Donald Trump handled them. Even the government…

Stock market fraud is as old as stock markets. They go hand in hand. In the 1870s, the Robber Barons would fight takeover attempts by just printing more stock and driving the price down until the hostile buyers gave up, a practice known as “watering the stock.” In the 1920s, groups led by Big Mike…