Author/Editor
Jim Rickards and Dan Amoss
Publisher
Agora Financial
Description
Options service that buys options on ETFs and other instruments to profit from predicted changes in global currencies using Rickards’ “IMPACT System”.
Overall Rating
Rating: 2.5/5. From 15 votes.
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2.2
Rating from 72 votes
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Investment Performance
Rating from 20 votes
Rating: 1.6/5. From 20 votes.
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Quality Of Writing/Analysis
Rating from 20 votes
Rating: 2.9/5. From 20 votes.
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Value For Price
Rating from 17 votes
Rating: 1.8/5. From 17 votes.
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Customer Service
Rating from 15 votes
Rating: 2.5/5. From 15 votes.
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Did anyone manage to listen to Jim Rickards’ promotional today, June 21, for the “Kissinger Cross” from the top of the London Eye (or I?) ferris Wheel regarding Brexit and the world falling apart on Thursday long enough to find out what two trades he is recommending and why? I couldn’t hang in but would love to hear the thesis. He’s betting on Brexit and I’m betting on Remain.
Here’s my 9/16 experience with Rickard’s Currency War Alert….they give you an advertisement that shows nothing but profits you could have made if you were a subscriber…I bite and pay $1750.00.
After subscribing I then get an accounting of their trades. The results are not remotely close to what was advertised. On CLOSED trades Rickard lost on some 63% of his 32 trades cumulatively amounting to a loss of 283%. On OPEN trades numbering 16, 11 are losing cumulatively amounting to 162%.
I asked for a refund explaining why. In spite of performance that is not remotely close to their misleading phony projections, Agora insists on keeping 10% of the $1750 or $175 and refunding $1575.
For me, Agora and Rickards are fraudulent, dishonest, untrustworthy
I am a paid Rickards subscriber too and several of his recommendations are either closed out with huge losses or are still open, there is one right now down 55% in just a few months, and no stop loss or sell recommendation. Clearly disappointed with his service. He writes well about the economy and currency situations but his picks are pretty awful.
Thanks to both Eric M. and leesal posts – you helped save me from making yet another bad choice!
Agree with both the above posts.
IMHO if you see anything with Rickard’s name attached –delete it–that what I do now and feel much better for it.
Really if he was the International Insider Supremo that his Hollywood storylines (Pentagon, CIA,FBI !!whatever..) describe he would be as rich as Croesus from predicting and trading BIG STUFF on the world stage –and not selling newsletters to plebs like us. And he needs a new “stylist”–he looks like an ageing salesman with a new suit…hmmmm…
PS does anyone know how his much-hyped BIG AUSTRALIAN SHORT thing worked out a couple of months ago??_ haven’t heard, so I would say badly –again…
Thank you for sharing the REAL performance of Rickards’ recs. You’ve saved me some $$$$!
Thanks! Your personal experience is a big help!
I could not agree more Stansberry is the Dupe behind this Garbage
Take the money and run.
Thank you for this information. I trying to learn more about investing. I can’s afford to lose money before start making money. I always try to manage risks.
Got into CWA when he first launched it. The only reason I’m still a member is because of the extremely low annual price I’ve paid. (More than 75% less than other subscribers have mentioned.) However I have finally decided to not renew. I find Rickard’s analysis very thorough and appreciate his views. But Dan Amoss does the option picking and most of them are big losers. The winners do not make up for the losers. Furthermore most are LEAPS or very long dated. So even eventually if he is right(which is not very often) you’ve lost so much in time decay you have no hope of making it up. It a total fraud and Amoss is the worst picker I’ve ever run across. Save your money. You may as well throw darts and you’d do better….
Horrible performance. All 7 current positions are losers. Most closed positions lost money.
What I get is hundreds of sales pitches to sign up for additional news letters that will make me rich with little or no investment. Gold to 10k by the end of this year and more of the same. I won’t be a subscriber long of this group.
Lots of hype. Get’s about one out of 3 right. Sells to late
I enjoy his writings, but the options picks leave a lot to be desired. I think in a lot of cases he MAY be right, but with options timing is everything.
Not a good performance with Calls and Puts. More losses than gains.
The winning strategy is to sell options, not to buy them.
This was my big hope for investments and breaking into the lifestyle. Paid $2000 and in one year I lost another $4000. So lost $6000 total. Some of the investments took off but instead of selling i held on like they said, until they tanked. Then to make matters worse jim rickards himself would use the high gain % as his statistic instead of tell people the loss % of the failed investment. Huge waste of money. Rickards himself never sent anything it was always the other guy.
This service is a two headed monster. Rickards provides the macro overview and Dan Amoss makes specific recommendation.
I find Rickards comments to be thought provoking. His comments have steered some of my moves other than the reco of the day. Rickards does have an ego as large as the sky, which gets annoying at times. But, if you can get passed that his comments are interesting.
As for Amoss, it is a good thing he has a job; because if he attempted to make a living as a trader using the kind of analysis he publishes he would be living in a cardboard box. He holds too long, makes bearish calls on stocks that are tending up, and is more than willing to let a bad option position expire worthless. To his credit he has made some remarkable calls, but they are too few and too far between. Basically he is a homerun hitter that strikes out a lot – a whole lot, so much you can’t keep him on the roster.
I don’t think one would ever recover their subscription costs from this service.