Jim Rickards Gold Speculator Review

Hello and welcome to my review of Jim Rickards’ Gold Speculator.

I discovered the Gold Speculator service while browsing the Paradigm Press website. According to a presentation featuring Jim Rickards, gold is marching towards $10,000 and if you join his service, he’ll help you profit from this with his proprietary MIDAS system recommendations.

Is it the real deal?

Jim Rickards is a highly respected investing expert, especially when it comes to precious metals like gold, and Gold Speculator is a legitimate service where he shares his insights and investing ideas, to help subscribers profit from what he says is a gold bull market.

I wouldn’t join expecting to get rich quick or without understanding that there are risks involved, but this is a legit service that could be worth checking out if you have the $1,995 joining fee and want to get into the precious metals investing space.

What Is Gold Speculator?

Gold Speculator is an investment advisory service headed up by Jim Rickards of Paradigm Press, which is a well-known financial publishing company.

The aim of the service is to help everyday folks profit from what Jim says is a coming bull market for gold and gold mining stocks, the likes of which we’ve never seen.

Jim has been writing about gold, investing and monetary policy for many years, and his name has become very well-known throughout the gold investor community.

However, he only reveals his gold stock picks through this service.

Or, more specifically, his “penny gold” picks which he says could help subscribers make many multiples of a price rise in gold. He says that even if gold simply goes to $2,500 you could lock in substantial gains as a result of what you learn as a member.

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And he believes gold is going WAY higher than that in the coming years. Of course, that is just his opinion, so by taking action on Jim’s investing ideas you are speculating.

Hence the name of the service – Gold Speculator.

This is especially true when it comes to mining stocks, which Jim does include in the model portfolio. These are known to be highly volatile. Meaning the upside is potentially very high if you select the right stock at the right time, just as the opposite is true.

Either way, the idea behind this service is to help educate subscribers on what stocks to buy and how much, to give you the best chance to profit if/when gold does go up in price.

How Does Gold Speculator Work?

According to the Paradigm Press website, Gold Speculator is based on Jim Rickards’ proprietary MIDAS system which allows him to select “penny gold” stocks with lots of potential.

And, as a member of the service, you get access to these stock picks through the Penny Gold Allocated Portfolio. Along with monthly insights into the gold market and updates on the portfolio, to keep you informed as to what’s happening with Jim’s picks.

On top of this, members also receive some bonus reports about investing in gold and other resources to help you become a successful investor in the gold space.

How much money can you make with Gold Speculator?

As with any type of investing, there are no guarantees. Some people might join and make an absolute killing, while others join and lose money. That’s just the way it works.

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That said, according to Jim, his “Penny Gold” companies are the best way to turn a modest move higher in gold into even higher gains.

Which has to do with how the gold and gold mining space works.

Let me explain…

If, for example, a gold mining company is selling gold at a profit of $100 per ounce when the price of gold is $2,000, and the price of gold rises to $2,200 – those who invested in gold bullion made a 10% gain. While those who invested in the gold mining company could’ve made a lot more.

Because that company’s profits went from $100 per ounce (when the price of gold was $2,000 per ounce) to $300 per ounce when the price of gold went up to $2,200 per ounce.

So in other words, the gold mining company’s profits went up 300%.

And, as an investor in that company, that’s where you can really see the profits stack up.

Because relatively small movements in the price of gold can equate to massive profit increases for mining companies, and when that happens, shareholders benefit.

It’s pretty cool.

But it’s also risky investing in these companies.

So you really need to pick the right companies if you want to profit from this kind of strategy. Which is where Jim Rickards and his service, Gold Speculator, comes into play.

Who Is Jim Rickards?

Jim Rickards is an investing expert, and the man behind Gold Speculator.

He is actually one of the few investing gurus I genuinely respect, too.

If you’ve seen any of his Youtube videos, you’ll see why.

The guy is (without exaggeration) a genius when it comes to understanding how the financial markets, monetary policy, and the gold sector works.

He’s published numerous best-selling books on the subject of gold, investing and navigating a financial crisis’. Such as Currency Wars, The New Case for Gold and The New Great Depression, among others. So he’s the real deal and someone who know’s his stuff.

What’s Paradigm Press?

Paradigm Press is a financial publishing company that he works with to deliver services like Gold Speculator and others. So when you buy Gold Speculator you’re actually buying from this company and not Jim Rickards directly.

Bottom Line – Is Gold Speculator Worth It?

Gold Speculator is an investment advisory service headed up by Jim Rickards of Paradigm Press, which is a well-known financial publishing company.

It does cost $1,995 per year, and investing in gold and gold mining stocks can be quite a risky endeavor, so it’s not for everyone.

But if you like the idea of investing in gold and stocks related to gold, then I personally think this service is worth checking out, because Jim Rickards is well-versed in this sector.

At the very least, you’re likely to learn a thing or two from Jim as he shares insights and investing ideas that aren’t available in his books.

At the end of the day, what you decide to do is up to you.

I’m not affiliated with Jim Rickards, his service, or Paradigm Press. So this is just my opinion. But hopefully what I’ve shared helps you make a more informed choice either way.