Posts by James G. Rickards

I’ve frequently said that forecasting Fed policy is easy. The Fed actually tells you what they plan to do in advance. This is the “no drama” Fed. All you have to do is listen to what they say and believe them. They don’t want to surprise markets or trigger any unexpected volatility. So they signal…

The war in Ukraine has been in a partial hiatus for the past two months. But that hiatus is coming to an end as Russia prepares its next move. Today, we’re looking ahead to what’s coming next. And here’s a hint: We could be entering a very dangerous period. First off, the situation on the…

I work hard to avoid promoting conspiracy theories. They’re too easy to adopt as explanations for all sorts of strange events. Usually, stupidity is a perfectly good explanation, especially when it comes to politicians and other public officials. Even when elite coordination is apparent, it’s not necessarily a conspiracy at work. It may just be…

  Since Thanksgiving, the headlines have continually referenced “record” sales on Black Friday, record online sales on Thanksgiving Day itself, and new highs in sales on Cyber Monday. This article is a good example. It touts a record $9.12 billion of online sales on Black Friday and says such sales were “up 2.3% year-over-year.” Cyber Monday…

As reported here, crypto exchange BlockFi has filed for bankruptcy. BlockFi had been on the ropes for some time. It had suspended redemptions by its customers on November 11 because it lacked available funds to repay those customers. It had agreed to be acquired by a bigger crypto exchange, FTX, but that deal was abandoned after…

We’ve written extensively about the idiotic Zero Covid policy of Chairman Xi in Communist China. If a single case of COVID appears, the infected individual and those around him are quarantined. If several cases are detected, an entire building or neighborhood can be shut down. If cases are more widespread, entire cities are shut down.…

Americans have spent so much time lately keeping up with news on efforts to steal elections in places like Arizona, they might not be aware that rigged elections are occurring in ostensibly democratic countries all over the world. The most important example described in this article is Brazil. In Arizona, the election rig was a two-pronged…

Here’s the mainstream narrative:The status of the war in Ukraine is best understood as a competition between the narrative and reality. The narrative consists of what you hear from mainstream media, the White House, the Pentagon and official sources in the U.K., France, Germany and both EU and NATO headquarters in Brussels. The reality consists…

There’s plenty to discuss, from the Fed to inflation to the supply chain issues. But we need to talk about Ukraine. Yes, that’s right. We need to talk about Ukraine. That’s because nothing is more important in the world right now. Why? Because Ukraine is the spider in the spider web of the global economy.…