Jim Rickards – X, Released on 1/16/25
Gold edging back toward its all-time high. Not quite there but going strong for the top. Central banks are net buyers, inflation rates are rising again, and the Fed is impotent to affect markets. Biden's theft of Russian assets disqualifies Treasury securities as a "safe haven." pic.twitter.com/qOsJKRNmPj
— Jim Rickards (@JamesGRickards) January 16, 2025
Jim Rickards is a lawyer, investment banker and economist with over thirty years’ experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pentagon. A frequent guest on financial news programs, Rickards is also the author of The New York Times bestselling novels Currency Wars: The Making of the Next Global Crisis and The Death of Money. His latest book is Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.