Commodity Culture, Released on 1/30/26 (Recorded on 1/29/26)

James Rickards is reiterating his call for $23,000 gold, and he breaks down all the factors currently driving his thesis and how market psychology will play a role in driving gold to 5-digits. James also explains why he thinks silver still has a long way to go, why the illusion of Fed independence is being shattered and what it means for markets, the Trump administration’s revival of the Monroe Doctrine and how it could impact the geopolitical landscape and the gold price, and much more.

00:00 Introduction
01:05 Gold’s Road to $20,000+
16:58 Silver Will Continue to Rise
24:13 The Illusion of Fed Independence
33:37 What is Trump’s Endgame?

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 MoneyGPT: AI and the Threat to the Global Economy.

  gold, investing, silver