Jim Rickards Reviews

Not hard to look up but in Wikipedia here is what it says about the great Jim Rickards. As of February 2015 Rickards is described as "Financial Threat and Asymmetric Warfare Advisor CIA & The Director of National Intelligence" on websites and in emails sent out warning of imminent financial collapse in the United States.

These websites and emails (for example, the Money Morning website article '5 Sure Signs the US Economy is finished') imply that he has held, or holds, official posts with US intelligence, defense, and security agencies: for example as "a financial market advisor to the Office of the Director of National Intelligence", and as the "architect" of "Project Prophecy", described as a CIA system devised to predict financial meltdowns.

However, Rickards has never had any such official association with any such US agency. There is no evidence that "Project Prophecy" has ever had any official sponsorship from the CIA, or indeed that it actually exists in any form apart from as a name in Rickards postings.

If you consider that:

- U.S. debt exceeds GDP at $17.8 trillion

- China is the largest U.S. debt holder at 21%

- China's economy is facing issues:

-- Middle class debt accumulation is too high

-- Many believe China will have biggest crisis

-- Sales and consumption are falling in China

- U.S. is on a burning platform:

-- Medicaid/Medicare will be broke by 2020

- etc.

There has to be some truth in the statements from Jim Rickards. It just stands to reason that there will be some economic problems in the not-so-distant future, perhaps not as catastrophic as he has suggested but still impactful.

Most analysts suggest we will experience a rebirth of money that is somehow pegged to gold. I do agree with one of the comments that it does seem odd to sell investment advice to put money into a market where apparently all of that money will be lost. I'm not sure Jim thought that one through ;>

One thing is for certain. The U.S. is under water. When you lose more than you make, you generally have a systemic problem. We definitely need to fix that. Clearly the tax base needs to be broadened - that is, tax more of the people who live and work in the U.S. We only tax roughly 30% of the population.

We also need to address the broken federal benefit programs, where we have in the order of $300-400 billion in fraud and waste from people collecting benefits they shouldn't be receiving. Other countries do a much better job of this.

I have to agree with Jim that the U.S. is headed for another big economic ripple/wave due to mismanagement. In consideration of all of the current events happening around the world, the only thing I could possibly disagree with is the timing. Maybe it won't happen as quickly as he suggests, but it's no longer a question of IF but rather WHEN unfortunately.

The simple fact is the rest of the world won't allow the U.S. to keep racking up debt. It is unsustainable. If we don't correct how we raise revenue or manage the funds we do collect, then someone else will step in to fix it for us. It's how the world works.

The fear is real but Jim is no different from any other huckster.

Who told Jim he would appear to be credible by the appeal to imminent disaster that has never happened by legions of previous doomsayers? The one thing Jim knows for sure is that he will make a lot of money from this hypothesis.

For decades, people have been falling for direct sales letters appealing to greed, fear, or the desire for sex, power, luxury.

Over several decades I have seen the same warnings over and over. Funny how they never seem to materialize.

Jim has some good insights but I can figure it out for myself.

If he really wants to help, then why is it not free? He is a millionaire and does not need the money to publish his material. If the world is going to come to as bad as he says, then why invest? "Where are you going to spend your worthless dollars"? Why buy a book? "That will teach you how to survive the unknown" REALLY!!! Just kiss the ones you love everyday and do the best we can. For who knows when it all stops, or "IF" it ever does. God Bless and best to all.....

Don't spend a penny on anything associated with Rickards. On various websites RIckards is described in terms which suggest he has held, or holds, official posts with US intelligence, defence, and security agencies: for example as "the Financial Threat and Asymmetric Warfare Advisor for both the Pentagon and CIA" (e.g. on the Money Morning website), and as the "architect" of "Project Prophecy", described as a CIA system devised to predict financial meltdowns. However, RIckards has never had any such official association with any such US agency. There is no evidence that "Project Prophecy" has ever had any official sponsorship from the CIA, or indeed that it actually exists in any form apart from as a name in various Rickards postings. It appears that he is another lawyer trying to amplify his voice, and draw people to buy his books etc, by claiming all kinds of credentials he really does not have.

I've signed up for it. The intro material promised you The Project Prophecy 2.0 Action Plan for a modest shipping charge of $4.65 when you signed up. Then they will charge you something like $79 for a subscription but you can cancel within certain period. The "free" gift of the Project Prophecy was not shipped to me.

If you similarly placed the order and had not received a promised gift please write to [email protected]

It could possibly fall apart if his stats are correct. I do believe we have a sleeping giant on our door step. In the depression of 1929 anybody with money in the banks lost it all and the ones with cash in hand prevailed. As far as I'm concerned Stash the Cash.

What good are all these investments if it all comes crashing down anyways? DUH???

"If" is a big word!

But if I had the kind of information he portrays, my choice would be to be a Philanthropist and provide free information to both unveil the carelessness of our trusted banking system starting from the Federal Reserve up to the accomplices who warrant its functioning, and set a norm for future generations to follow, rather than be a Carpetbagger trying to make a few bucks from people who will never obtain a benefit from his advise.

It's a pity that "It's all about the Money"

Jim is fine reference who is carrying a tough message. While he offers a method to insulate your family it's up to you to decide if you will take action. IMO it's probably too late to turn the ship unless you have prepared earlier. And for those of middle class there is not much that can be done period...... I am thankful to Mr Rickards for his alerts and guidance and remain saddened that so much sadness is coming to those who suffer the bias of normalcy. The message is one of betrayal by governments leaders and those trusted to guide our countries who acted like grasshoppers not ants and failed to direct our land with prudence and care.

I did not sign up for his publication. He may be a good investment counselor but Rickards claims the government is preparing for WWIII, that our monetary system will fail and the Federal Reserve will be bankrupt. He claims he can tell you where to safely invest your money and which banks to put your money in. If the FR goes bankrupt then it seems to me your money will not be safe regardless of where you put it. If our monetary system fails then money will have little value even if you put in your mattress. After watching an hour long interview with Rickards I got the feeling he is a doom and gloom fear-monger just trying to make a buck off the current poor state of affairs in this country. As far as WWWIII goes, war is always a possibility (how often have we NOT been in a war of some kind?) and if our government isn't continually preparing for it, then they are idiots.

After signing up and paying, you will be flooded with more e-mails with more investment ideas. It appears that my browser was hijacked or this is just a bunch of crap.