James Rickards on London Real: Gold, Crises and the Dollar

James Rickards, often called Jim Rickards, is an American lawyer, investment banker and author who writes about financial crises, currencies and gold. He was general counsel of the hedge fund Long-Term Capital Management and negotiated its 1998 rescue overseen by the Federal Reserve. His books include Currency Wars, The Death of Money, The Road to Ruin and MoneyGPT.

Brian Rose has interviewed Rickards on London Real 13 times between 2016 and 2025, making him one of the show’s most frequent guests. They have covered gold, inflation, banking crises, the future of the dollar, US elections, war and the risks of artificial intelligence in finance.

Every episode is listed below in order with a short summary.

Bio

Start here

The A.I. Market Meltdown (August 2025). His most recent full conversation, covering sanctions, recession, market bubbles and AI. For his background and his case for gold, watch The Road To Ruin (2016).

Every James Rickards interview on London Real

Key ideas

Hold physical gold

In his first London Real interview in 2016, Rickards suggested keeping about 10% of your assets in physical gold as protection against the next crisis. Speaking in 2025, he praised Russia’s central bank for building up gold reserves, which he described as an asset that cannot be frozen, hacked or traced.

Each crisis is bigger than the last

Rickards argues that financial crises are getting more severe, that each bailout is larger than the one before, and that a point may come when a crisis is too big for the Federal Reserve to handle. He compares the process to falling dominoes.

The dollar and a decoupling world

Speaking in 2023, he said the world is moving towards separate supply chains and that the dollar may lose its role as the global reserve currency.

AI as a financial risk

In his 2024 and 2025 interviews, Rickards argued that AI can make bank runs and market crashes faster and worse, because many systems react to the same signals at once. He says computers lack the gut feel that, in his telling, has helped humans avoid nuclear war in the past.

Books

Frequently asked questions

Who is James Rickards?

James Rickards, also known as Jim Rickards, is an American lawyer, investment banker and author on finance and gold. He was general counsel of Long-Term Capital Management and negotiated its 1998 rescue, and has written books including Currency Wars, The Death of Money and MoneyGPT.

What did James Rickards talk about on London Real?

Across 13 conversations with Brian Rose between 2016 and 2025, Rickards discussed gold, inflation, banking crises, broken supply chains, the future of the dollar, US elections, war and the risks of artificial intelligence in finance.

Which James Rickards episode should I watch first?

Start with The A.I. Market Meltdown from August 2025, his most recent episode with detailed notes. For his background and his case for gold, watch The Road To Ruin from 2016.

How many times has James Rickards been on London Real?

Thirteen times between 2016 and 2025. Most of his appearances came between 2022 and 2025, including live coverage on US election day in November 2024.

Does James Rickards recommend gold?

Yes. In his 2016 London Real interview he suggested keeping about 10% of your assets in physical gold. Speaking in 2025, he also pointed to the gold built up by Russia’s central bank as an asset that cannot be frozen.

What is MoneyGPT about?

MoneyGPT, published in 2024, is Rickards’ book on artificial intelligence and the global economy. He argues that AI could magnify bank runs, market crashes and mistakes in nuclear decision-making, and he discussed it on London Real in 2024 and 2025.

What is Sold Out by James Rickards about?

Sold Out, published in 2022, argues that broken supply chains, inflation and political instability threaten the global economy. He discussed it with Brian Rose in January 2023.

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