Famed economist and financial prognosticator, James Dale Davidson has accurately predicted every major financial event of the past 30 years. He is a founder and principal architect of such successful companies and organizations as Agora Inc., NewsMax Media and the National Taxpayers Union. Along with the late Lord William Rees-Mogg, he co-authored the bestselling books Blood in the Streets (1987), The Great Reckoning (1993) and The Sovereign Individual (1997). His latest book, The Age of Deception (2015), details how the financial policies of the last 30 years have lured investors into a false sense of security and how they can protect themselves. He lives in Palm Beach, FL with his family.
James attended Oxford University as a graduate student at the same time as former U.S. President Bill Clinton, both of whom were Rhodes Scholars and studied under the same politics tutor. In 1969, James founded the National Taxpayer Union, a leading entity in the battle for tax reform and fiscal responsibility on Capitol Hill. For nearly 50 years, its 350,000 members have been fighting for your rights as American taxpayers, pushing for lower taxes and smaller government at all levels.
Along with Bill Bonner, in 1978 James helped found Agora, Inc., an independent financial media organization headquarter in Baltimore, MD with a larger membership base than The New York Times. He also charged the foundation of Newsmax Media, an American news organization that publishes financial news and insight with more than 4 million monthly viewers.
Over the years, James has developed a reputation for forecasting the most important financial events and economic shifts of the past several decades. In 1987, he predicted the collapse of the Soviet Union. In 1989, he called the fall of the Berlin Wall. That same year, he predicted the crash in the Japanese stock market and economy. He called the dot-com crash in 1999 and the subprime mortgage crisis in the mid-2000s. A friend of the 45th President of the United States, he even correctly forecast the election of Donald J. Trump, who consulted with James before he decided to run for President. (On the eve of Election Night, 2016, he recommended shorting the Mexican Peso, turning every $1,000 invested into $42,500 — a profit of 4,250% overnight.)
Despite the sheer accuracy of his predictions, James has received sharp criticism for his pronouncements. In 1987, The Wall Street Journal denounced his predictions as no more than the natterings of a “dopey aunt,” and Newsweek magazine dismissed his prediction of the Soviet Union’s collapse as “an unthinking attack on reason.” He was right both times.
James has had the good fortunate to brush shoulders with and befriend some of the greatest financial and political leaders of the past few decades. Based on his track record of correctly predicting major economic shifts, he has been invited to shake hands and counsel the likes of former president Ronald Reagan and Bill Clinton. He has convened with Henry Kissinger, Steve Forbes, Margaret Thatcher, Sir Roger Douglas, Boris Yeltsin, as well as George H. W. Bush. Peter Thiel, venture capitalist and co-founder of PayPal, says of Davidson: “I am an extremely big fan of [his] writings, which have shaped my thinking about the markets (and the macro world as a whole) perhaps more than anything else.”
In 1984, James began writing the investment newsletter Strategic Investment with co-author William Rees-Mogg. James eventually retired from the investment advisory world in 2004, only to return 10 years later to warn readers of “an unstoppable economic collapse … which will blindside most investors as the stock market collapses by 50% … real estate plunges by 40% … and savings accounts lose 30%.” Published monthly and circulated to over 50,000 readers worldwide, Strategic Investment allows readers to follow along with James’ latest financial updates so they’ll be the first to know the next time disaster strikes.
James Dale Davidson
Co-editor of Strategic Investment