{"id":37234,"date":"2025-07-11T07:59:15","date_gmt":"2025-07-11T14:59:15","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=37234"},"modified":"2025-07-11T07:59:15","modified_gmt":"2025-07-11T14:59:15","slug":"dollar-devaluation-tariffs-gold-warning","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/dollar-devaluation-tariffs-gold-warning\/","title":{"rendered":"Jim Rickards: Why Tariffs Work and the Lie They\u2019ve Told for 50 Years"},"content":{"rendered":"<p data-pm-slice=\"1 1 []\">Jim Rickards joins Daniela Cambone at the Rule Symposium in Boca Raton to dismantle the mainstream narrative on tariffs, trade, and the dollar&#8217;s decline. In his most candid interview yet, Rickards reveals why Trump\u2019s tariff strategy isn\u2019t chaos \u2014 it\u2019s a calculated economic war plan. With historical precedent on his side, he argues that tariffs aren\u2019t inflationary \u2014 they\u2019re a catalyst for domestic manufacturing, job growth, and a stronger U.S. economy.<\/p>\n<p data-pm-slice=\"1 1 []\">Rickards explains how today\u2019s dollar decline is no accident, but a Treasury-engineered repeat of the Nixon and Plaza Accords playbook \u2014 all part of the &#8220;Mar-a-Lago Accord&#8221; now quietly reshaping the global monetary order. He predicts $4,000 gold by year-end, with $10,000+ on the horizon, as America\u2019s financial reset unfolds.<\/p>\n<p data-pm-slice=\"1 1 []\"><strong>The U.S. Dollar Is Being Devalued on Purpose. Are You Ready?<\/strong><\/p>\n<p>In a bold interview with Jim Rickards, bestselling author and former CIA advisor, Daniela Cambone uncovers a shocking reality: the dollar&#8217;s current decline isn&#8217;t a market accident\u2014it&#8217;s a <strong>deliberate policy<\/strong> move. And it could send gold soaring to <strong>$10,000 an ounce<\/strong>.<\/p>\n<p>From engineered devaluation to historic tariff policy, Rickards pulls back the curtain on what he calls a &#8220;Mar-a-Lago Accord&#8221; \u2014 a secretive, long-term plan to reshape U.S. trade, weaken the dollar, and reignite American manufacturing. If you&#8217;re not holding tangible assets like <strong>gold and silver<\/strong>, you&#8217;re exposed to an unfolding monetary reset.<\/p>\n<div>\n<hr \/>\n<\/div>\n<h2>The False Free Trade Narrative Is Crumbling<\/h2>\n<p>For 50 years, Wall Street and mainstream economists have pushed the idea that &#8220;free trade is always good.&#8221; But Rickards shreds that narrative:<\/p>\n<ul data-spread=\"false\">\n<li><strong>Tariffs aren\u2019t inflationary<\/strong>, he argues, because the cost is absorbed by importers and exporters, not the U.S. consumer.<\/li>\n<li>Consumers are already maxed out: rising auto loans, student debt resumption, and evaporating home equity.<\/li>\n<li>Corporations like Walmart and Target aren\u2019t raising prices\u2014because they can\u2019t. The consumer is tapped out.<\/li>\n<\/ul>\n<blockquote><p>&#8220;If Walmart could raise prices, they would. The fact that they haven\u2019t proves tariffs aren\u2019t driving inflation,&#8221; Rickards says.<\/p><\/blockquote>\n<p>The bottom line: tariffs force global manufacturers to shift production back to U.S. soil, triggering a renaissance in high-paying American jobs.<\/p>\n<h2>History Proves Tariffs Work<\/h2>\n<p>Rickards points to over <strong>235 years of U.S. economic history<\/strong>:<\/p>\n<ul data-spread=\"false\">\n<li>The U.S. had <strong>no income tax before 1913<\/strong><\/li>\n<li>Major national developments were funded via <strong>tariffs<\/strong>: War of 1812, Civil War, telegraph, railroads, industrial boom<\/li>\n<\/ul>\n<p>Trump&#8217;s &#8220;Make it here, sell it here&#8221; policy isn&#8217;t chaotic. According to Rickards, it&#8217;s a <strong>calculated effort<\/strong> to restore domestic industry, executed through highly detailed plans developed over four years.<\/p>\n<blockquote><p>&#8220;Comparative advantage is a myth. Taiwan had no edge in semiconductors in 1975. They built it from scratch with government policy.&#8221;<\/p><\/blockquote>\n<h2>The Mar-a-Lago Accord: Engineering a Dollar Reset<\/h2>\n<p>Rickards says this dollar devaluation isn\u2019t random\u2014it\u2019s engineered by the Treasury and modeled after two historical events:<\/p>\n<ul data-spread=\"false\">\n<li><strong>The 1971-74 Smithsonian &amp; Petrodollar Accords<\/strong>, which followed Nixon\u2019s closure of the gold window<\/li>\n<li><strong>The 1985 Plaza Accord<\/strong>, where James Baker coordinated a global dollar drop with G5 central banks<\/li>\n<\/ul>\n<p>Today\u2019s version? The <strong>Mar-a-Lago Accord<\/strong>:<\/p>\n<ul data-spread=\"false\">\n<li>Intentional dollar devaluation to attract manufacturing<\/li>\n<li>Globally coordinated, backed by insiders like Steve Bannon and Steve Mnuchin<\/li>\n<li>Targeted to counter China and stabilize U.S. deficits<\/li>\n<\/ul>\n<p>And the mainstream media? Rickards calls their coverage outright propaganda: &#8220;The CBO has never been right. Not even close.&#8221;<\/p>\n<div>\n<hr \/>\n<\/div>\n<h2>Gold: The Real Winner in a Dollar Devaluation<\/h2>\n<p>What happens when the dollar falls by design?<\/p>\n<p><strong>Gold surges.<\/strong><\/p>\n<p>Rickards predicts gold could hit <strong>$4,000\/oz by end of 2025<\/strong>, and climb even higher in the years ahead:<\/p>\n<ul data-spread=\"false\">\n<li>After Nixon devalued the dollar in the 1970s, <strong>gold rose 2,700%<\/strong><\/li>\n<li>In the 2000s, it gained over <strong>600%<\/strong><\/li>\n<li>This cycle could see gold rise <strong>5x to 10x<\/strong>, hitting $10,000\/oz or more<\/li>\n<\/ul>\n<p>He calls gold the ultimate beneficiary of today\u2019s engineered reset.<\/p>\n<div>\n<hr \/>\n<\/div>\n<h2>Why Gold and Silver Remain the Last Safe Havens<\/h2>\n<p>In a world of manipulated currencies, rigged debt models, and false narratives, <strong>physical gold and silver<\/strong> remain the last true forms of:<\/p>\n<ul data-spread=\"false\">\n<li><strong>Wealth preservation<\/strong> against monetary debasement<\/li>\n<li><strong>Tangible assets<\/strong> immune to digital confiscation or central bank tampering<\/li>\n<li><strong>Inflation hedges<\/strong> with centuries of history<\/li>\n<li><strong>Dollar alternatives<\/strong> when confidence collapses<\/li>\n<\/ul>\n<p>You can\u2019t print gold. You can\u2019t delete silver. And you can\u2019t engineer trust once it\u2019s gone.<\/p>\n<div>\n<hr \/>\n<\/div>\n<h2>Bottom Line: The Reset Has Already Begun<\/h2>\n<p>This isn\u2019t theory. It\u2019s already happening:<\/p>\n<ul data-spread=\"false\">\n<li>The dollar is falling<\/li>\n<li>Tariffs are returning<\/li>\n<li>Foreign manufacturers are investing <strong>billions<\/strong> into U.S. factories<\/li>\n<li>And gold is poised to rise as history repeats<\/li>\n<\/ul>\n<p>If you&#8217;re relying on the dollar or Wall Street to protect your wealth, <strong>you\u2019re playing defense in a rigged game<\/strong>.<\/p>\n<div>\n<hr \/>\n<\/div>\n<p><strong>About ITM Trading<\/strong><br \/>\nITM Trading has over 28 years of experience helping clients safeguard their wealth through personalized strategies built on physical gold and silver. Our team of experts delivers research-backed guidance tailored to today\u2019s economic threats.<\/p>\n<p><strong>THINKING ABOUT PURCHASING GOLD &amp; SILVER?<\/strong><br \/>\nGet expert guidance from our team of analysts with 28+ years of experience.<br \/>\n&#x1f449; [<a href=\"https:\/\/calendly.com\/itmtrading\/500?utm_content=DC05052025\" target=\"_blank\" rel=\"noopener\">SCHEDULE YOUR CALL HERE<\/a>] or call 866-706-9061<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jim Rickards joins Daniela Cambone at the Rule Symposium in Boca Raton to dismantle the mainstream narrative on tariffs, trade, and [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":37231,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2922],"tags":[248,1303,2085,2727,2951,3059,3481,4095,4447,4757,5478,6620,6621,6622,6623,6624,6625,6626,6627,6628,6629,6630,6631,6632,6633],"class_list":["post-37234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daniela-cambone-show","tag-gold-investing","tag-jim-rickards","tag-monetary-reset","tag-future-of-money","tag-daniela-cambone","tag-dollar-decline","tag-fiscal-policy","tag-rule-symposium","tag-gold-price-prediction","tag-global-monetary-shift","tag-trump-tariffs","tag-trade-war-strategy","tag-mar-a-lago-accord","tag-4000-gold","tag-10000-gold","tag-u-s-economic-reset","tag-plaza-accord","tag-nixon-dollar-policy","tag-domestic-manufacturing","tag-inflation-myth","tag-u-s-treasury-strategy","tag-financial-war-plan","tag-economic-nationalism","tag-globalization-myth","tag-economic-growth-through-tariffs"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/37234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=37234"}],"version-history":[{"count":2,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/37234\/revisions"}],"predecessor-version":[{"id":37236,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/37234\/revisions\/37236"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/37231"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=37234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=37234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=37234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}