Posts by James G. Rickards

The history of the War in Ukraine to date has been one long list of failed weapons systems that were supposed to turn the tide of battle. The description of “wonder weapon” attached to each system went from being a sign of hope for the Ukrainians to being a term of ridicule as the weapons…

No one seems to care about Joe Biden anymore. That’s odd, because he is the president of the United States and there are two major wars going on (Ukraine and Gaza) with potential to escalate into nuclear war and the annihilation of the human race. It just goes to show how trivial politics has become…

On August 23, Fed Chair Jay Powell gave an address to the annual Federal Reserve conference held at Jackson Hole, Wyoming. This was one of Powell’s most important speeches ever for two reasons – he not only pivoted to interest rate cuts (after Wall Street having been wrong about the pivot timing for two years),…

We’ve all read about the full-scale censorship campaign being waged by the White House on free speech and independent thought. It starts at the highest levels with Facebook, Twitter (before Elon Musk bought it), Google search, YouTube and the rest of the Silicon Valley censorship flunkies. From there it permeates universities, high schools and even…

In evaluating Joe Biden, one is reminded of two assessments offered by a former president and a former Director of Central Intelligence. CIA’s Robert Gates said, “I think [Biden] has been wrong on nearly every major foreign policy and national security issue over the past four decades.” And Barack Obama said, “Don’t underestimate Joe’s ability…

Last week, the headlines were full of reports on a letter that Meta CEO Mark Zuckerberg wrote to the House Judiciary Committee in which he detailed the extent of censorship exercised by the White House in 2020 and 2021 related to the 2020 presidential election and the COVID pandemic. Zuckerberg described how the White House, FBI and…

As you know, artificial intelligence (AI) is all the rage these days. From a market perspective, it’s certainly taken on bubble dynamics. And I believe leading AI chipmaker Nvidia is about to get hammered, which could trigger a much broader market crash beginning tomorrow afternoon, shortly after 4 p.m. But from a broader AI perspective,…

  Remember the Aug. 5 mini-crash? Well, investors apparently don’t. It seems like a distant memory at this point, as the “buy the dip” theme is a deeply entrenched force in today’s market. Well, I’m afraid that this Wednesday, Aug. 28, they’re about to get a stark reminder. Only this time, it’ll be far worse.…

The problem with joining a cult is that once you leave reason behind and subscribe to cult rituals, there’s no limit to the crazy ideas and acts that might arise. That’s a good rule to bear in mind when considering the climate cult. Adherents believe that the earth is warming due to CO2 emissions from automobiles…

You’ve probably heard of “Project 2025.” It includes a 900-page document full of policy positions for a new administration. That’s not the official name of the publication, which is called Mandate for Leadership: The Conservative Promise, published in April 2023, but Project 2025 is a good shorthand name for a broader effort to outline policies for the…