Rickards: Trump complains that U.S. does not have a sovereign wealth fund…

Jim Rickards – X, Released on 2/4/25 Trump complains that U.S. does not have a sovereign wealth fund. That's because we don't have a surplus. You have to earn a surplus to fill the wealth fund (unless you borrow; we're good at that). BTW, the Treasury does have reserves. They're 75% in gold.https://t.co/QPDm2h0Mqp — Jim […]

Rickards: We’ll be at war with Mexico soon. And I don’t mean a trade war.

Jim Rickards – X, Released on 2/2/25 We'll be at war with Mexico soon. And I don't mean a trade war. — Jim Rickards (@JamesGRickards) February 2, 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 […]

Rickards: Gold edging back toward its all-time high

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 — […]