Posts by James G. Rickards

James Rickards discusses the history of gold within Russian and the pivotal role it has played in their economy of the past couple of decades. For years, Russia has been stockpiling gold in the anticipation of breaking away from the dollar reserve system. Do they believe that this day is rapidly approaching, or are they…

“Memo to Jen: No one in America believes inflation has anything to do with Putin.    It was here before the war and will remain after. Stop treating people as if they were stupid.    Start treating people with respect and they might actually listen to you.”   Article comments are referencing;   https://dailycaller.com/2022/04/11/jen-psaki-extraordinarily-elevated-inflation-putins-price-hike/   –…

“Remember the 3-day blitzkrieg of Kyiv? Putin never planned it. It was a way to set up a “failure.”    Now it’s the “May 9 anniversary goal.” Again, that’s not the plan, it’s a set-up for failure.    Too bad we’re not as good at fighting as we are at propaganda. Putin’s taking his time.”…

The latest hare-brained scheme to emerge from the New York State government is described in this article. New York Governor Kathy Hochul has announced a plan to ban the use of natural gas or other forms of carbon-based power such as kerosene or diesel fuel to power new buildings in the state. She’s running for election,…

The world is still digesting the impact of massive economic sanctions imposed by the U.S. and EU on Russia because of the Russian invasion of Ukraine. The amounts involved are in the hundreds of billions of dollars (Russia’s reserve position prior to the invasion was about $620 billion and over half of that is currently…

We’ve seen and heard extensive news coverage about U.S. and EU financial and economic sanctions being imposed on Russia as a result of Russia’s invasion of Ukraine. These sanctions include freezing the assets of the Central Bank of Russia, banning the Central Bank of Russia and the ten largest Russian banks from the use of…

This article is longer than those we normally include in our weekly news summary, but it’s well worth your time and effort to review. The article takes a deep dive into the recent announcement that Russia is pegging the value of its currency, the ruble (RUB), to gold. It considers both the implications for gold itself and…

While the War in Ukraine rages on and citizens in the U.S. suffer the economic fallout in terms of higher prices for gas and food, it turns out that the climate alarmists have not been resting. They’ve been hard at work on their latest round of pseudo-science and scare tactics even as the world has…

With prices for gas at the pump soaring, Joe Biden needs some relief from angry Americans suffering through the worst inflation in forty years. The inflation is not limited to what you pay to fill up your car. Truckers have to pay the same higher prices for diesel fuel, which adds to transportation costs and…

No one wakes up in the morning and says, “What a nice day for a nuclear war. Let’s launch some missiles.” That’s not how a nuclear war will happen if it ever does. Instead, experts who have studied the subject of nuclear warfighting since the 1950s (and I’ve personally studied their work since the late…