How Broken Supply Chains, Surging Inflation and Political Instability Will Sink the Global Economy

Sold Out

James Rickards is The New York Times bestselling author of The Death of Money and The Road to Ruin. He is the editor of the newsletter Strategic Intelligence and a member of the advisory board of the Physical Gold Fund. He advises the Department of Defence and the US intelligence community. He served as a facilitator of the first ever financial war games conducted by the Pentagon.

Empty shelves, petrol station queues and energy shortages: crises more familiar to those who lived through the 1960s and 1970s have now become a reality for many as global shipping times are squeezed, containers lie unopened at docks and supply shortages push up inflation, increasing the cost of consumer goods from milk to cars to building materials. 
 
In Sold Out, James Rickards explains why the shelves are empty, who broke the supply chain and why shortages will persist. He breaks down the history and structure of business around the world to offer readers a behind-the-scenes look at what's really going on, and what they can do to mitigate the worst of what's to come. 
 
Drawing on his financial expertise, he explains that consumers and investors need to be nimble to come through this unprecedented turn of events in good shape. Luckily, Rickards is on hand to provide the tools readers need to look ahead, monitor key trends and insulate against risks.

The Making of the Next Global Crisis

Currency Wars

Brought to you by Penguin. 
 
'One of the scariest books I've read... The picture that emerges is dark yet comprehensive and satisfying' Bloomberg Businessweek 
 
'Let's hope he's wrong' Financial Times 
 
In his latest book, financial expert, investment advisor and New York Times bestselling author James Rickards shows how currency wars are one of the most destructive and feared outcomes in international economics. 
 
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At best, they offer the sorry spectacle of countries stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation and sometimes actual violence. 
 
From clandestine gold purchases by China to the hidden agendas of sovereign wealth funds, Rickards shows how currency wars pose the greatest threat to international security and even the very real danger of the collapse of the financial system itself. 
 
'Unsettling...fascinating...a thorough analysis of how nations have manipulated their currencies...with disastrous consequences' Fort Worth Star-Telegram

'Let's hope he's wrong' Financial Times 
 
Currency wars are one of the most destructive and feared outcomes in international economics. At best, they result in countries stealing growth from their trading partners. At worst, they degenerate into inflation, recession and real violence. 
 
In this fifth anniversary edition, James Rickards concludes that currency wars are as problematic now as they were in 1971 when President Nixon took the dollar off the gold standard. Headlines about the debasement of the dollar, bailouts in Europe and Chinese and currency manipulation are all indicators that we're entering an even more dangerous phase. 
 
In this post-Trump, post-Brexit world of political uncertainty, James Rickards, New York Times bestseller and Strategic Adviser to the US intelligence community, argues that this is more than just a concern for economists and investors. The world is facing growing threats to its national security - from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds. Left unchecked, the next currency war could end with massive casualties on all sides.

The New Case for Gold

They say John Maynard Keynes called gold a 'barbarous relic'. 
They say there isn't enough gold to support finance and commerce. 
They say the gold supply can't increase fast enough to support world growth. 
 
They're wrong. 
 
In The New Case for Gold, James Rickards explains why gold is one of the safest assets for investors in times of political instability and market volatility, and how every investor should look to add gold to his or her portfolio. 
 
Drawing on historical case studies, monetary theory and his personal experience as an investor, Rickards argues that gold should be a part of any prudent investor's portfolio. 
 
James Rickards is the bestselling author of Currency Wars and The Death of Money. He is a portfolio manager at West Shore Group and an adviser on international economics and financial threats to the Department of Defence and the US intelligence community. He served as facilitator of the first-ever financial war games conducted by the Pentagon.

Excellent ... Rickards makes a compelling case for why those looking for a way to protect themselves and their families from economic chaos created by central bankers should consider gold.

Ron Paul, former US congressman and presidential candidate

James Rickards gifts us once again with his clarity of prose, depth of experience and sound analysis ... An illuminating, original argument for gold as a critical contender in today's money games. The most important book on gold yet.

Nomi Prins, author of All the Presidents' Bankers

We can't trust the Federal Reserve to do the honest work that Jim Rickards has done in writing this book ... Essential reading.

David A. Stockman, former OMB director and author of The Great Deformation

In The New Case for Gold, James Rickards explains why gold is one of the safest assets for investors in times of political instability and market volatility, and how every investor should look to add gold to his or her portfolio. 
 
Drawing on historical case studies, monetary theory and his personal experience as an investor, Rickards argues that gold should be a part of any prudent investor's portfolio.

Seven Secrets of Wealth Preservation in the Coming Chaos

Aftermath

A Wall Street Journal bestseller 
 
Financial expert, investment advisor and New York Times bestselling author James Rickards shows why and how global financial markets are being artificially inflated and what smart investors can do to protect their assets 
 
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The evidence of the past ten years proves that the most devastating financial crisis yet is just around the corner. The global elites are ready to protect their wealth. Are you? 
 
In Aftermath, bestselling financial expert James Rickards sketches the harrowing economic crisis that's right around the corner and identifies the asset classes that are most-and least-exposed. 
 
Provocative, stirring, and full of counterintuitive advice, Aftermath is the book every smart investor needs to get their hands on - as soon as possible.

In his most practical book to date, financial expert and investment advisor James Rickards shows how and why our financial markets are being artificially inflated and what smart investors can do to protect their assets. 
 
What goes up must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely. In turbulent times, the elites are prepared, but what should the average investor do? 
 
James Rickards lays out the true risks to our financial system and offers invaluable advice on how best to weather the storm.

The Global Elites' Secret Plan for the Next Financial Crisis

The Road to Ruin

'If you are curious about what the financial Götterdämmerung might look like you've certainly come to the right place' Forbes 
 
Financial expert, investment advisor and New York Times bestselling author James Rickards reveals how the global elite are darkly concealing a coming catastrophe from investors, whilst protecting themselves from the fallout. 
 
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If you want to plan for the risks ahead, you will need Rickards's cutting-edge synthesis of behavioural economics, history, and complexity theory. It's a guidebook to thinking smarter, acting faster and living with the comfort­ing knowledge that your wealth is secure.

The global economy has made what seems like an incredible comeback after the financial crisis of 2008. Yet this comeback is artificial. Central banks have propped up markets by keeping interest rates low and the supply of money free-flowing. They won't bail us out again next time. And there will be a next time - soon. 
 
In The Road to Ruin, bestselling author James Rickards identifies how governments around the world are secretly preparing an alternative strategy for the next big crisis: a lockdown. Instead of printing money to reliquify markets and prop up assets, governments are preparing to close banks, shut down exchanges and order powerful asset managers not to sell. They're putting provisions in place that will allow them to do so legally. What's more, the global elite has already started making their own preparations, including hoarding cash and hard assets. 
 
When the next one comes, it will be the average investor who suffers most - unless he or she heeds Rickards' warning and prepares accordingly.

The Coming Collapse of the International Monetary System

The Death of Money

'Part of a veritable golden age for smart books on the current state of the global economy' Politico 
 
'A fast-paced and apocalyptic look at the financial future' Financial Times 
 
Financial expert, investment advisor and New York Times bestselling author James Rickards explores how the international monetary system has collapsed three times in the past and warns that another collapse is rapidly approaching and why, this time, nothing less than the institution of money itself is at risk. 
 
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The US dollar has been the global reserve currency since the end of the Second World War. If the dollar fails the entire international monetary system will fail with it. But Washington is gridlocked, and America's biggest competitors - China, Russia, and the Middle East - are doing everything possible to end US monetary hegemony. 
 
In The Death Of Money James Rickards offers a bracing analysis of the fundamental problem: money and wealth have become ever more detached. Money is transitory and ephemeral; wealth is permanent and tangible. While wealth has real value worldwide, money may soon be worthless. And who will be the real victims? Small investors. 
 
Fortunately, it is not too late to prepare for the coming death of money. In this riveting book, James Rickards shows us how. 
 
'A valuable contribution to our economic discourse' Forbes

A fast-paced and apocalyptic look at the financial future, taking in financiers' greed, central banks' incompetence and impending Armageddon for the dollar ... Rickards may be right that 'the system is going wobbly'

The Death of Money is making it a veritable golden age for smart books on the current state of the global economy

The Death of Money makes a valuable contribution to our economic discourse

A terrifically interesting and useful book...fascinating

Kenneth W. Dam, former deputy secretary of the Treasury and adviser to three presidents

The Death of Money contains very big, provocative ideas clearly explained and delivered...Rickards's insight enables him to connect the dots in a way that few others can

John Hathaway, portfolio manager, Tocqueville Gold Fund

The Death of Money is an important new book for those who worry about the future of our country

R. Christopher Whalen, noted bank analyst; author of Inflated

The Death of Money is an engrossing account of the massive stresses accumulating in the global financial system. Any serious student of financial crises and their root causes needs to read this book

John H. Makin, Ph.D., resident scholar, American Enterprise Institute; former chief economist, Caxton Associates

A great book makes you think differently about the world - and this one does just that

Don Young, twenty-five-time Institutional Investor All-Star Analyst

The US dollar is under attack from all sides. If - or when - it fails, the entire international monetary system will collapse. Again. The potential results: Financial warfare. Deflation. Hyperinflation. Market collapse. Chaos. 
 
Rickards offers a bracing analysis of the fundamental problem: money is transitory and ephemeral; wealth is permanent and tangible. Governments, banks, and institutions will muddle through, but the real victims will be small investors. Fortunately, it is not too late to prepare for the coming death of money. In this riveting book, James Rickards shows us how.

James Rickards

James Rickards convincingly argues that the greatest danger is not that AI malfunctions, but that it will function precisely as it was intended to . . . Indeed, the book makes a powerful case for better guardrails and limits around how humans might outsource decision-making as AI technology evolves

Financial Times: Best New Books on Economics

AI and the Threat to the Global Economy

In November 2022, OpenAI released GPT-4 in a chatbot form to the public. In just two months, it claimed 100 million users, the fastest app to ever reach this benchmark. Since then, AI has become an all-consuming topic - but as AI becomes more ubiquitous and grows at an ever-increasing pace, what does it mean for the financial markets, and how should investors prepare? 
 
In MoneyGPT, James Rickards shares his signature predictions of the danger AI poses to the global financial order, and the insidious ways in which AI will threaten national security. Rickards shows how, while AI is touted to increase efficiency and lower costs, its global implementation in the financial world will actually cause chaos, as selling begets selling and bank runs happen at lightning speed. AI further benefits malicious actors, Rickards argues, because without human empathy or instinct to intervene, threats like total nuclear war that once felt extreme are now within reach. And throughout all this, we must remain vigilant on the question of whose values will be promoted in the age of AI. As Rickards predicts, these systems will fail just when they are needed the most. 
 
MoneyGPT shows that the danger is not that AI will malfunction, but that it will function exactly as intended. The peril is not in the algorithms, but in ourselves. And it’s up to us to intervene with old-fashioned human logic before it’s too late. Rickards’ take is essential reading for anyone looking to navigate this tumultuous new AI climate.

James Rickards

Praise for MoneyGPT

James Rickards convincingly argues that the greatest danger is not that AI malfunctions, but that it will function precisely as it was intended to . . . Indeed, the book makes a powerful case for better guard ...

Books by James Rickards

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