"Coronavirus Investment Summit" [Jim Rickards Review]

Looking for more info on Coronavirus Investment Summit by Jim Rickards?

With the coronavirus declared a pandemic by WHO, the markets have responded by going through a period of unprecedented volatility.

Through the Coronavirus Investment summit, Jim claims to have a strategy that will preserve investor’s wealth and possibly help them make money.

In this review, I will provide you with a summary of the main talking points during the summit and give my verdict on the effectiveness of Jim’s strategy.

Keep reading below to get all the info.

Before I start…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

“Coronavirus Investment Summit” Review

Table of Contents

Introduction to Coronavirus Investment Summit

The Coronavirus Investment Summit hosted by Peter Coyne and Jim Rickards (via Paradigm Press) is a webinar during which they discuss the impact of the Coronavirus pandemic on the economy. They also use the summit to promote Jim’s Crash Speculator.

The main agenda of the Coronavirus Investment summit is Jim’s strategy; how individual investors should react to the volatile markets.

He discusses how a recession would affect individual investors and how they should prepare for it.

As you know, the markets have been bullish for over a decade now; since the aftermath of the 2008 Financial Crisis. But for at least a couple of weeks now, since Covid-19 became a global pandemic, the markets have been extremely volatile and hinting at a recession.

This doesn’t make much of a difference to Jim and other like-minded analysts as he has previously mentioned that a recession was long overdue.

The coronavirus epidemic has become the black swan event that could spark the recession, but nothing is definitive, yet.

At uncertain times like these, people look for authority figures for guidance. Jim Rickards, with his experience of handling economic downturns, appears to have something up his sleeve as he is sharing in the Coronavirus Investment Summit.

Who is hosting the Coronavirus Investment Summit?

Jim Rickards is a lawyer, economist, gold speculator, and author of finance books.

He edits Strategic Intelligence, Crash Speculator, and Project Prophesy for Paradigm Press (Paradigm Press is a publishing imprint of Agora Financial).

He has written a couple of books, including Currency Wars: The Making of the Next Global Crisis (2011), The Death of Money: The Coming Collapse of the International Monetary System (2014), The New Case for Gold (2016), Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos (2019).

From his books, it is evident that he has been quite vocal about the way the government, through the Fed, has been manipulating the flow of money in an unsustainable way.

As an economist, he once served as an advisor to the US intelligence community concerning the capital markets. He also testified before Congress about the Financial Crisis of 2008.

What is discussed during the Coronavirus Investment Summit?

During the Coronavirus Investment Summit, Jim Rickards covers various topics touching on the crisis. These talking points stand out:

Covid-19 was PROBABLY a bio-weapon experiment gone wrong

Jim believes that there is a strong possibility that Covid-19 was originally developed as a bio-weapon. This conspiracy theory has made rounds on social media and other forums. Jim thinks there may be substance to it because he doesn’t trust the Chinese government to be truthful.

The pandemic will affect the 2020 Presidential Election’s outcome

Jim believes that if the pandemic affects the economy negatively, it could boost the prospects of Trump’s opponent. If the economy recovers in time for the elections, it will help Trump’s re-election bid.

In the Long-term, Buy gold, hold cash, and stay patient

During this period of volatility and unpredictability, you should buy gold (10% of your portfolio), hold on to cash, and wait to see how things play out.

In the short-term, Use Put options to make money

Jim’s followers have made money from falling stocks by investing in put options. He prefers them to shorting stocks because they offer better leverage and they help you manage risks better. To encourage you to subscribe to his newsletter, he says that he has a play that could turn $5,000 into a little over $13,000.

What you get for subscribing to Jim’s Crash Speculator

As I mentioned in the introduction, the summit was held to ease you into subscribing to Jim’s Crash Speculator. I have done a full review of the research service but I will briefly cover what it entails here:

Some of the benefits you get for joining the Crash Speculator are:

Regular recommendations with video presentations explaining how you should implement the recommendations.
Crash Speculator Handbook: It is a guidebook explaining Jim’s Crash Speculator strategy.
An exclusive video series by Jim explaining his strategy
Access to the proprietary crash monitor

Membership fee

The discounted fee for one year of the Crash Speculator is $2,495 (down from $5,000)

The $50,000 Guarantee

If the Crash Speculator fails to earn you $50,000 in one year, you can contact the customer care team and they will give you $3,000 credit that you can use to access any other service offered by Paradigm Press.

Is Coronavirus Investment Summit Legit?

The Coronavirus Investment Summit is legit.

Jim Rickards has been warning of a recession for a while now. He may have been wrong about what was to cause it but he knows a thing or two about how you can preserve your wealth during a recession if not increase it. He has done it before with previous downturns and his followers have benefited from his advice.

In fact, people who followed his recommendations when the impact of coronavirus was first felt in the market nearly tripled their money in one day while many others (who didn’t implement his recommendations) lost a significant portion of their investments.

Pros of Coronavirus Investment Summit

Jim talks about using put options to make money from stocks that are in free fall. Put options are advantageous because they have better leverage than shorting stocks.
When you attend the summit, you learn about an investment opportunity that is expected to yield massive returns.

Cons of Coronavirus Investment Summit

Jim is quite fatalistic and pessimistic about the impact of the coronavirus on the economy. This, some would argue, is meant to instill fear in his audience, which is underhanded.

Coronavirus Investment Summit Verdict

In another review of Jim’s work, I referred to him as a “prophet of doom” because most of his work tends to predict something bad that is bound to happen. Whether it is the collapse of the monetary system or the global economy, he always seems to be foreshadowing something negative that is about to happen.

Bizarrely, that makes him the ideal person to listen to during the Coronavirus pandemic via his Coronavirus Investment Summit.

It suits his style because he has a knack of knowing what you ought to do to keep your head above the water during periods of economic hardship – you may even thrive.

Even if you don’t agree with his opinions, you should hear him out by checking out the Coronavirus Investment Summit.

You may even pick up a few tips on how to best handle the fallout caused by the pandemic.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

David Fortune

David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

Go here to see the best business to start in 2024