Posts by James G. Rickards

Inflation is not a guessing game anymore; it’s here. Every time you buy gas at the pump, groceries at the supermarket or book a plane ticket, the price increases are staring you in the face. That much is clear. What is less clear are the thousands of ways that inflation hurts you that are invisible.…

The War in Ukraine began with a Russian invasion on February 24, 2022. U.S., EU, and allied nations economic sanctions were announced in stages from late February through March. New sanctions are being announced almost daily. Some have delayed effective dates and are just coming into effect now. That much is apparent from the headlines.…

In part one of Jim Rickards’ discussion with our Daniela Cambone, the NYT best-selling author said “the coexistence of economic sanctions and kinetic warfare is nothing new.” The rising tensions between the United States and Russia did not brew overnight, Rickards continues. Ukraine should be a “buffer state and should be neutral,” Rickards says, emphasizing…

Media headlines and viewer attention have been focused on the War in Ukraine and rightly so. Still, that’s not the only hotspot with trouble brewing around the world. The list of problem areas is well known, but the new stories emerging are not. North Korea has launched an ICBM. This breaks a ban on such…

Economic sanctions of the kind imposed on Russia sound powerful when they’re announced and do have some impact, but in the long run, they never work. Costs are imposed on everyday citizens and consumers. Some losses are incurred by those whose accounts are frozen or whose businesses are handicapped. But the strategic goals that justified…

All wars are full of lies. Winston Churchill famously said, “In wartime, truth is so precious that she should always be attended by a bodyguard of lies.” We accept that idea broadly. Secret invasion plans should be closely held. The identities of spies must be kept under wraps. New weapons and defensive tools should not…

Russia’s Effect on Commodities and US Economy In this interview, Jim Rickards discusses how the Fed will position US interest rates in response to the current economy, given the drastic effect Russian sanctions have had on commodities. at 12:20:00 PM 

The headlines are full of announcements of new economic sanctions on Russia. In truth, we’re seeing the most extensive and powerful sanctions ever imposed. The Central Bank of Russia has been banned from the global dollar payments systems. The same is true for the ten largest Russian banks and a long list of oligarchs and…

You’ve probably heard of this article already, but I wouldn’t be doing my job if I didn’t call it to your attention one more time. The writer, Teresa Ghilarducci, a professor at the New School for Social Research, should be awarded the Marie Antoinette Prize for arrogant comments made just before a revolution. Prior to the French…