Posts by James G. Rickards
If You Like Colonialism and Exploitation, You’ll Love Electric Vehicles
It’s difficult to think of any technology that is doing more harm to the environment than electric vehicles, or EVs. That’s a shocking statement to many, but it holds up under scrutiny once all the facts are known. In the first place, the electricity for EVs does not come out of the sky. It comes…
Read MoreThe Dollar Is a Victim of Its Own Success
America’s most powerful weapon of war does not shoot, fly or explode. It’s not a submarine, plane, tank or laser. America’s most powerful strategic weapon today is the dollar. The U.S. uses the dollar strategically to reward friends and punish enemies. The use of the dollar as a weapon is not limited to trade wars…
Read MoreChina’s XI Warns That The West Is Weaponizing The Economy With Sanctions
Russia and the United States are not the only two great powers who have taken up the cry of weaponizing finance. Chairman Xi has noticed also. In a video address to the BRICS summit in Beijing last week, Xi said that the West was responsible for the War in Ukraine because it has antagonized Russia since 2008…
Read MoreGermany Goes To Red Alert On Shrinking Natural Gas Supplies
Russia has not stopped natural gas shipments to Germany, despite all of the hyperventilating and headlines about sanctions. There have been small reductions of Russian gas to Poland, Finland, and Romania to make political points, but nothing highly material. Still, the threat is there. Meanwhile, Germany is having problems on the energy front with or…
Read MoreGold Is Being Weaponized As Part Of The Global Financial War
Russia may have started the War in Ukraine by invading on February 24, 2022, but the U.S. started the global financial war by imposing economic sanctions on Russia on February 27 and adding to the sanctions almost daily since then. In effect, we have two wars going on at once. The first is a kinetic…
Read MorePutin Leads BRICS In Discussions On New Global Reserve Currency
Many of the headlines last week involved the G7 meeting of national leaders in Bavaria. The G7 consists of the U.S., UK, Germany, Japan, France, Canada, and Italy. (Other nations and the EU are invited as observers and allowed to participate to some extent). When the G7 was formed, they were the seven largest economies…
Read MoreSwitzerland Goes Back To Neutrality – And Lets In Russian Gold
The global news narrative creates the impression that the world is united in its opposition to the Russian invasion of Ukraine, and that all major economies have joined in the financial and economic sanctions aimed at Russia. That narrative is false; it’s not even close to reality. It’s true that the U.S., UK, EU, and…
Read MoreJim Rickards: The Global Elites Secret Plan for the Next Financial Crisis
Jim Rickards discusses the global elite’s plans for the next major financial crisis, which many argue we are now already within. What are they going to be doing with their money and what does Jim Rickards recommend we do to protect ourselves as well? Listen in to find out this information, plus much more. at 12:25:00…
Read MoreNew EU Sanctions Target Russian Gold. Shows How Valuable Gold Really Is.
The economic sanctions war against Russia has been going on as long as the War in Ukraine. The U.S. and EU have taken the lead in imposing sanctions, but U.S. allies including Canada, the UK, Australia and Japan have been just as aggressive. Interestingly, a lot of large developing economies have maintained a neutral status…
Read MoreThe Move Toward Nuclear War Continues One Step At A Time.
Nuclear warfighting is a topic that has not received much attention since the late 1980s and the end of the Cold War. Of course, during the Cold War, it was a critical topic that attracted the time and attention of top scholars including Herman Kahn and Henry Kissinger. There were debates about counter-force strategies (attacking…
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