Posts by James G. Rickards

The Aug. 5 mini-crash was a potent reminder to investors that stock markets aren’t a one-way street. It wasn’t the end of the world. Market indexes down 3.0% in a day is a big deal, but it bears no comparison to October 1929 when the stock market fell 21% over two days or October 1987…

It’s clear now that Federal Reserve Chair Jay Powell will cut interest rates 0.25% at the Fed meeting in late September. This puts Powell on a direct collision course with Donald Trump. That rate cut will come just six weeks ahead of Election Day on November 5. It will probably give the stock market a…

When a relatively unknown individual steps on the political stage as a candidate for high office, both sides race to “define” the candidate and stamp his image in the public mind. Since the Democrats knew they would pick Governor Tim Walz of Minnesota as their VP candidate, they had time to pre-produce the public image.…

We’ve warned for over two years that the greatest danger from the War in Ukraine is not the war itself, but the escalatory dynamic that could lead to World War III and nuclear annihilation. Unfortunately, that danger remains, and the probability of nuclear war increases continually. The White House and Zelensky only understand escalation and…

The UK is currently experiencing a wave of violence by protestors and counter-protestors involving objections to crimes committed by illegal immigrants and claims of racism by the immigrants themselves, who routinely flout UK law. The new Labour government is coming down firmly on the side of Muslim activists and against the working-class native-born British protestors.…

When a relatively unknown individual steps on the political stage as a candidate for high office, both sides race to “define” the candidate and stamp his image in the public mind. Since the Democrats knew they would pick Gov. Tim Walz of Minnesota for their VP candidate, they had time to pre-produce the public image.…

Every time there’s a crisis, whether it’s 9/11, the Enron/WorldCom scandals, the 2008 global financial crisis, the COVID pandemic, and now the War in Ukraine, the government uses the scare factor to seek new legislation giving the FBI, CIA and Department of Homeland Security more surveillance power. These solutions included the USA Patriot Act (2001),…

Not surprisingly, the stock market bounced back today after yesterday’s mini-crash — the “buy the dip” theme is deeply entrenched in today’s market. But don’t make the mistake of thinking that stocks will continue on their way to record highs. There are too many red flags to ignore, although Wall Street would like you to…

Donald Trump’s favorable view of Bitcoin is not the only good news for the Bitcoin crowd these days. Tennessee Senator Cynthia Lummis has just introduced legislation in Congress that would make Bitcoin the equivalent of gold. Here’s how the plan would work. The United States would establish a “Bitcoin Reserve” that would perform the same function…

Would you like a seat at the $845,000 per person Bitcoin summit that Donald Trump just held? Here it is. Trump had a roundtable in Nashville with many of the Bitcoin whales. The meeting included Peter Theil, co-founder of PayPal, along with Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency exchange. Other notables included Vivek Ramaswamy,…