Posts by James G. Rickards

Kherson has fallen, Kharkiv and Mariupol under siege. When they fall, Putin has line of control from Kherson to Kharkiv centered on Zaporizhzhia and a land bridge from Luhansk to Crimea. This traps Ukrainian forces behind the line. Odessa next. Kyiv is last objective not first. – Source, James Rickards via Twitter

As if we didn’t have enough going on with pandemic aftermath, a collapsing economy, and a dangerous war in Ukraine, we now have a U.S. version of the Canadian Freedom Convoy. I was in Canada during the Freedom Convoy there and followed it closely. It was non-violent (but noisy). It would have been easy to defuse…

How close is World War III? It may be a lot closer than you realize. I’ve studied nuclear warfighting since the 1960s, including major scholarly works such as On Thermonuclear War (1960) by Herman Kahn. There’s a lot of learning on the topic, but all of the studies boil down to the same warning: Don’t go there.…

The stock market has been highly volatile, and that’s no surprise given the invasion of Ukraine and the uncertainty surrounding the situation. Last Wednesday, stock markets staged a mini-crash that extended into Thursday morning. At the same time, gold soared and rose over $100 per ounce in a matter of days. Then around noon on…

  The Russian invasion of Ukraine has naturally led to speculation about a possible Chinese invasion of Taiwan. What both invasions would have in common is a perception of weakness on the part of Joe Biden and the United States. The way you deter war is through strength, not weakness. After the U.S. surrender and…

Joe Biden crossed a critical red line on Saturday and the world will never be the same. Biden and other Western powers agreed to kick certain Russian banks out of the SWIFT message system. This is like cutting off oxygen to someone in intensive care. The Russian economy will slowly suffocate without access to SWIFT.…

In light of the recent Russia-Ukraine conflict, Jim Rickards talks about the current opportunity being presented in Russian stocks, arguing “the US disparagement of Russia is ill-informed and biased”. – Source at 9:00:00 PM 

The Biden administration has made it clear that Russia will face “severe” economic sanctions if they invade Ukraine. These sanctions are likely to include a ban on Russian banks having access to the U.S. dollar payments system run by the Treasury and the Federal Reserve, as described in this article. That’s problematic because Russia is one…

Gold prices traded above $1,900 per ounce last week for the first time in eight months. This was attributable at least in part to the crisis in Ukraine, as reported in this article. Gold is volatile; it may be higher or lower by the time you read this. Still, that $1,900 breakout is a significant event.…

You’ve probably followed the Canadian Freedom Convoy story closely. Much of the coverage has focused on the demands of the truckers for relief from COVID passport restrictions and the response of the government, which has been not to meet with the truckers. Instead, the government of Canada has arrested truckers, frozen their bank accounts, and…