Mind Over Market

Q and A with James Rickards Part 1 of 3 Part 2  here Part 3  here May 3, 2014 By Robert Stowe England James G. Rickards is a lawyer, economist and investment banker with 35 years of experience on Wall Street. His new book  The Death of Money , published by the Penguin Group, is a New York Times bestseller. His first book,  Currency Wars , published in 2011, and was also a Times bestseller. In his new book he explores further the consequences of the weak dollar policy pursued by the Federal Reserve Bank, coupled with the huge run up in deficits and debt by the United States, and the failure of Congress and the Obama Administration to devise policies that would spur faster economic growth. Rickards is a portfolio manager at West Shore Group, LLC, Haddonfield, N.J., an investment fund set up in 2013, and an adviser on international economics and financial threats to the Department of Defense and the U.S. intelligence community. He g...

Q  and A with James Rickards Part 2 of 3 Part 1 here Part 3 here By Robert Stowe England James G. Rickards is a lawyer, economist and investment banker with 35 years of experience in capital markets on Wall Street. His new book The Death of Money , published by the Penguin Group, is a New York Times bestseller. His first book, Currency Wars , published in 2011, and was also a Times bestseller. In his new book, he explores further the consequences of the weak dollar policy pursued by the Federal Reserve Bank, coupled with the huge run up in deficits and debt by the United States, and the failure of Congress and the Obama Administration to devise policies that would spur faster economic growth. Rickards is a portfolio manager at West Shore Group, LLC, Haddonfield, N.J., an investment fund set up in 2013, and an adviser on international economics and financial threats to the Department of Defense and the U.S. intelligence community. He gained first-hand...

In an interview on Bloomberg TV November 10, James Rickards says that while the Fed is saying it does not want to repeat the mistakes of Japan, the Fed is, in fact, repeating the very same mistakes. Rickards, senior managing director for Tangent Capital Partners, a merchant bank based in New York, is interviewed on Bloomberg's Money Moves with Deirdre Bolton. Rickards has a new book, Currency Wars , that was released November 10, that focuses on the role of currency wars in modern history and the role the a gold standard has made and can make to provide the kind of stability that is needed for sustained growth. Rickards criticizes the Fed for thinking that "they're playing with a thermostat" that they can dial up or dial down. However, they are, instead "playing with a nuclear reactor" with fuel rods. And, if they get it wrong, we can have "a massive meltdown." He sees the possibility of a lost decade in the United States as the best possible outco...