The Wiggin Sessions: Recent Episodes
Addison Wiggin
More than ever before, there’s a pronounced disconnect between the economy and the stock market and it’s growing worse. The new normal is an economy that is fundamentally broken--one that can’t be fixed by an election, a vaccine, or a social movement.
You’re wondering how we rebuild from here and how to radically adjust the way you think about investing, wealth preservation, and how you position the future of your family.
In the Wiggin Sessions, we connect with key thinkers and industry experts and do a deep dive into history, politics, economics, and philosophy--and discuss their real-world impact on financial markets and our lives.
Join your host, Addison Wiggin, founder of Agora Financial, each Friday for a new episode of The Wiggin Sessions where he interviews such great minds as Juan Enriquez, George Gilder, Jim Rickards, James Altucher, Bill Bonner, Dan Denning.
Are you curious about the interconnectedness of the COVID-19 pandemic, woke ideology, big tech, the Great Reset, and the call for stakeholder capitalism?
Today, I sit down for an in-depth conversation with Michael Rectenwald, the Mises Institute-affiliated author, and former educator, to delve into a tapestry of topics spanning the mysterious threads connecting various aspects of today's socio-political landscape.
Libertarian presidential candidate Michael Rectenwald is a Ph.D., public speaker, columnist, entrepreneur, and the author of numerous books, including “Beyond Woke” and "The Great Reset and the Struggle for Liberty."
Listen in for a behind-the-scenes exploration of woke ideology's infiltration in academia, Silicon Valley's shift to left-wing authoritarianism, concerns and the challenges to free speech, and strategies for grassroots opposition and decentralization. Plus, gain insights into Michael Rectenwald's Libertarian Presidential campaign.
Tune in as Rectenwald offers a roadmap to understanding the intricacies of our contemporary world.
Don't forget to join the sessions, and if you enjoyed this episode, subscribe and share.
Key Takeaways
Rectenwald discusses the controversy during his tenure at NYU, the historical roots of ideological influence, and the impact of tax-exempt foundations on American universities
How his experiences at NYU took Rectenwald from a former Marxist professor to a vocal advocate for liberty critical of woke ideology
Michael shares his ideas on what woke ideology represents
Shedding light on concerns regarding censorship by proxy, government interference in social media, and evidence of government ties to Facebook and Google funding from the CIA
Examining Donald Trump and his presidency—a symbol of opposition or a figure whose policies often align with establishment
What Michael Rectenwald's candidacy for the Libertarian Party presidential nomination is all about
The history of centralized power in the U.S.
Bitcoin and cryptocurrencies as pivotal steps towards decentralization
The potential for liberty-minded approaches in fractured states
Connect with Michael Rectenwald
RecTheRegime
Michael Rectenwald | Mises Institute
Michael Rectenwald
Connect with Addison Wiggin
Consilience Financial
The Wiggin Sessions on Facebook
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Resources
The Great Reset and the Struggle for Liberty: Unraveling the Global Agenda
Beyond Woke
Google Archipelago: The Digital Gulag and the Simulation of Freedom
The New Empire of Debt: The Rise and Fall of an Epic Financial Bubble
The Anatomy of a Bust
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“My passion is really around finance and economics. I spend a significant amount of time studying both academically and from journalistic curiosity, three major anomalies in the market that I build my strategies around,”- Garrett Baldwin
Today, on "The Wiggin Sessions," Garrett Baldwin, joined the conversation to discuss a range of topics spanning journalism, economics, energy, and the four pivotal trends that he believes hold the key to profitable investment opportunities.
Garrett Baldwin, a distinguished research economist and financial writer, holds degrees in economics, finance, and business from Hopkins, Purdue, and Indiana universities. Drawing from his extensive trading experience, he has lent his expertise to clients across 27 different countries, specializing in risk assessments. Currently, he spearheads the mission of Money Map Press, aiming to maximize profitability through strategic investing.
Listen in to hear Garrett’s insight on media bias, the intricate challenges of transitioning to a sustainable energy model, and the trade-offs involved in pursuing green energy alternatives. He shares his opinion of the web of cause and effect that shapes our financial landscape and the broader implications of the potential shifts in the global economic landscape.
Tune in to discover the Four Ds, the crucial trends to watch over the next decade: De-Americanization, Deregulation, Decarbonization, and Digitalization so you can navigate these uncharted waters, worry less about the news cycle, and cultivate your wealth.
Don't forget to join the sessions and get access to our new special report called “The Anatomy of a Bust” about the banking crisis of 2023.
Key Takeaways Garrett shares how his journalism background revealed media bias and its impact on perception
How bias intertwined with politics, economic theories, and social media shapes today's media landscape and led to the rise of citizen journalism
Why traditional indicators like the M2 money supply index might not carry the same importance as they used to
How China's rise, and evolving financial landscapes impact the markets
The role of inflation targeting in policy decisions
What “crisis” he believes the FEDS will use as the catalyst for balance sheet expansion
Garrett shares his proactive strategies for predicting market downturns and safeguarding investments
The challenge of transitioning away from the US dollar due to dependency on US dollar debt and complex global dynamics
Garrett’s four key trends to watch over the next decade: De-Americanization, Deregulation, Decarbonization, and Digitalization
How the ongoing trend of decarbonization, driven by government regulations, is shaping industries and trading markets
The impact of digital currencies like FedNow on financial institutions and the economy
Why it’s essential to understand the interplay between central bank policies and different sectors to make informed investment decisions
Connect with Garrett Baldwin Money Map Press
Money Morning
Garrett on LinkedIn
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
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Resources This Town: Two Parties and a Funeral-Plus, Plenty of Valet Parking!-in America's Gilded Capital
Capital Wars: The Rise of Global Liquidity
Stewart Brand
The Anatomy of a Bust
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"AI is going to change the world, and that means every company that employs AI, and everyone is going to have to employ it is going to have some measure of success with it. And those that do have more than a measure of success are going to do exceptionally well," - Shah Gilani
Today, on “The Wiggin Sessions,” we sit down with Shah Gilani, to discuss how to navigate the evolving landscape of the financial markets and the AI disruption.
Shah Gilani possesses an unparalleled financial background. Beginning his career as a market maker on the Chicago Board of Options Exchange, he played a key role in developing the Volatility Index (VIX). With extensive experience in top financial institutions Shah serves as the editor of Hyperdrive Portfolio, offering subscribers the potential for remarkable gains. Catch Shah on CNBC, Forbes, and MarketWatch, as well as Fox Business's "Varney & Co."
Shah shares his expertise on a range of topics, including the role of the Federal Reserve in shaping the financial market, and the potential consequences of selling treasury bills, the impact of remote work on commercial real estate, the ripple effects of AI-driven algorithms on trading strategies, and more.
Listen in as Shah provides insights into three specific investment options as well as his predictions on the future of energy markets, the real estate sector, and the banking crisis. Whether you're seeking to refine your investment strategy or stay ahead of market shifts, tune in for Shah's actionable insight.
Don't forget to join the sessions and get access to our new special report called “The Anatomy of a Bust” about the banking crisis of 2023.
Key Takeaways The implications of recent debt ceiling passages on financial markets
The role of AI in reshaping trading strategies and market dynamics
Navigating the potential impact of Treasury bill sales on investor portfolios
The key to weathering market shifts and mitigating risks
Shah's insights into the interplay between rising interest rates and inflation
Why it’s vital to understand the FDIC Coverage Limitations (and the "FDIC put")
How the banking crisis could lead to a collapse of credit
The future of energy markets considering the climate-friendly solutions
Shah's predictions for the real estate market and potential challenges brought by remote work
The impact of the recent credit rating downgrades
What the AI disruption means for investors and the future of trading
How narrative-driven investing is influencing market sentiment and trends
Shah's predictions for the long-term outlook for markets
Connect with Shah Gilani Shah Gilani
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
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The Wiggin Sessions on Twitter
Resources Hyperdrive Portfolio
The Anatomy of a Bust
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"There's no other currency of trust except for gold," - Peter Spina
One asset stands strong in a world where trust in traditional currencies is being questioned.
Central banks worldwide are increasing their gold purchases to unprecedented levels, seeking stability amidst geopolitical tensions and the volatility of fiat currencies.
As macroeconomic conditions evolve and cryptocurrencies rise, one question remains: How do these factors shape the value of the US dollar and the price of gold?
Today, on “The Wiggin Sessions," Peter Spina, the Founder, and President of GoldSeek, one of the top three most visited gold resources in the world, joins me to discuss the changes he’s witnessed in the gold market since he got his start in it 30 years ago.
Peter Spina is a seasoned professional in the precious metals markets. His experience with the precious metals markets started in the mid-1990s, which led to the creation of GoldSeek.com in 1995 and SilverSeek, the leading silver website. Peter's expertise has earned him media recognition, with appearances in reputable outlets like “Investor’s Business Daily,” “MarketWatch,” and “Reuters.”
Peter delves into the world of macroeconomics and geopolitics, shedding light on their influence on the value of the US dollar and how these things shape the gold market in unexpected ways. Plus, his insight on the advent of cryptocurrencies and how his investment strategies have shifted.
Listen in as Peter shares his specific strategies for both seasoned and first-time gold and silver investors, his recommendation for how much you should hold in your portfolio, and what you should look out for when buying precious metals.
Don't forget to join the sessions and get access to our new special report called “The Anatomy of a Bust” about the banking crisis of 2023.
Key Takeaways How the gold market has changed over the years
The influence of geopolitical events and major institutional players on the gold market
The effect of the crypto winter on Peter’s investment strategies
How mainstream investors' quest for the hottest market bubbles has led to opportunities in the gold market
Peter's insight on the manipulation of the futures market and the price of precious metals
Why NOW is a good time for first-time gold investors to enter the market
Building a physical gold portfolio should be a long-term approach, as gold prices can be volatile but can also experience significant increases during periods of crisis.
Peter shares his recommendations for individual investors, including portfolio allocation and considerations when buying precious metals
Connect with Peter Spina Peter Spina | GoldSeek
SilverSeek
Peter on LinkedIn
Peter on Twitter
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The Wiggin Sessions on Facebook
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Resources The Anatomy of a Bust
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"Just because we get a debt deal this week doesn't mean that the all clear is sounded for investors. In fact, it creates a whole new set of risks for investors," - Zack Scheidt
The ongoing debt debate has overshadowed the banking crisis in recent headlines and dominated the news cycle. In the Market, the prevailing sentiment was that a deal would be reached, and investors positioned themselves accordingly.
But, following the debt ceiling passage, the Treasury Secretary, Janet Yellen, is expected to sell approximately $600 billion worth of treasury bills, injecting money into the Fed's checking account but raising a whole different set of questions, like where will this money come from? And what impact will the Treasury's selling of treasury bills have on the financial markets, including the S&P 500, as investors reallocate funds?
Today, on “The Wiggin Sessions," Zach Scheidt, the investment director of The Essential Investor and the architect of The Essential Portfolio, joins me to help us navigate these complex dynamics and the implications for investors as these events continue to unfold.
Zach is an expert in Wall Street's highest-performing income stocks and has developed a unique high-end put selling strategy. He previously ran two hedge funds with a combined asset total of over $100 million, making him well-versed in the financial industry.
Zach sheds light on the impact of selling treasury bills to raise funds and its potential ripple effect on the market. He highlights the significance of practicing diversification (and avoiding overexposure to speculative stocks).
We also explore key topics, including the implications of rising interest rates on inflation and the Federal Reserve's actions, the influence of climate-friendly solutions on the fossil fuels market, the brewing challenges in the real estate sector, and Zach's predictions for the energy future. Plus, what he thinks will happen with the banking crisis and how investors can mitigate their risks.
Listen in for valuable insights to help investors navigate these turbulent times. And for more, join the Essential Investor TODAY!
Key Takeaways How the debt debate has diverted attention from other crises and slowed down the markets
How a potential default on treasuries could lead to a banking crisis and market havoc
The importance of diversification for investors
The trouble brewing in the real estate market
Why high inflation and the weakening dollar make this a favorable environment for owning gold
How the transition away from fossil fuels and the negative signaling towards the oil and gas industry has hindered investments making it economically unsustainable for companies to explore new resources
How rising interest rates pose challenges to the banking sector and which banks are more stable now
Connect with Zach Scheidt The Essential Investor
Zach Scheidt
Zach on LinkedIn
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The Wiggin Sessions on Facebook
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Resources JOIN THE ESSENTIAL INVESTOR TODAY!
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"15 years ago, our central bankers made a decision. I think it was the worst financial decision that we could have made. It's changed the future landscape of America and the world forever," — Adam Baratta
A decision made 15 years ago by our central bankers forever altered the financial destiny of America and the world.
Now, it’s becoming increasingly apparent that the Federal Reserve is stuck. The grip of consumer inflation remains unyielding, offering them no easy way to lower interest rates.
Meanwhile, our markets are entirely untethered for what's coming.
We're facing the greatest debt bubble in history while we're on a freefall, hurtling from crisis moment to crisis moment. Brace yourself because when this bubble inevitably bursts, it's going to be really painful.
So, what’s the solution? And how can you invest in a way that sets you up to be optimistic about what we’re facing?
Adam Baratta is a two-time #1 national bestselling author with his books Gold is a Better Way, and
The Great Devaluation and is one of the most dynamic voices in investments and the global economy. He is the CEO and Editor of Brentwood Research, one of the fastest-growing financial publishing firms in the country. His just completed book, The Seven Simple Laws of Inflation, explains why he expects inflation to be the number one issue facing the global economy over the next several years.
Today, on “The Wiggin Sessions," Adam joins me to discuss his personal journey with gold, the future of the global economy, and the invaluable role of gold in navigating the uncertainties of the current monetary system.
Listen in as he shares the significant changes happening in the world's monetary and value systems and the bigger picture of what's coming next. Plus, a look at the benefits of a 40-30-20-10 portfolio model in an inflationary market and how gold can serve as a vital hedge against the banking catastrophe that lies ahead.
Key Takeaways
The worst financial decision in America ever made
The addictive nature of quantitative easing: why it’s only a temporary relief that’s setting the stage for long-term consequences
How painful will it be when the bubble pops
The risks and uncertainties associated with digital currencies (and their impact on the global economy)
How a digital currency could lead to the nationalization of banks
Why this isn’t necessarily a bubble to fear
The only solution to the current devaluing dollar crisis
Why Adam thinks gold is the key to a reset of the monetary system
The importance of owning tangible assets as the printing of (more) money continues
Why transition to a 40-30-20-10 portfolio model in an inflationary market
How owning gold can serve as a vital hedge against the banking catastrophe that lies ahead
Connect with Adam Baratta Brentwood Research
Adam Baratta on LinkedIn
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
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The Wiggin Sessions on Twitter
Resources The Price of Time: The Real Story of Interest
Dopesick
Financial Reckoning Day Fallout: Surviving Today's Global Depression
Get Your FREE digital copy of The Seven Simple Laws of Inflation
S4:E3 This Man is Building a "Battle Bank"? - The Wiggin Sessions
The Great Devaluation
Gold is a Better Way
ORDER “The Demise Of The Dollar”
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“The idea that they have to maximize the benefits by screwing their depositors. I don't know what it says about them. But it tells me it's a wonderful time to start a bank,” - Rick Rule
Banking in the US has lost its direction. With recent bank failures and the ongoing debt default debate, my guest on today’s episode of “The Wiggin Sessions” sees this as a wonderful time to start a bank. But not just any bank, one that will disrupt the status quo, provide much-needed customer focused alternative for depositors, and bring sanity back to the industry.
Rick Rule is a seasoned veteran with over four decades of experience in natural resources and precious metals investing and speculation. His expertise and insights have propelled him to success in ventures like Sprott, Rule Investment Media, and Battle Bank.
Tune in as Rick shares his thoughts on the future of banking through Battle Bank, alternative energies, the potential trajectory of the price of gold, and the opportunities that lie ahead for investors.
Listen in for valuable strategies for navigating the ever-changing economic landscape.
Don't forget to join us at jointhesessions.com to stay updated on future episodes of “The Wiggin Sessions.”
Key Takeaways The key discussions surrounding the recent bank failures and the ongoing debt default debate
Rick introduces Battle Bank, an online bank poised to revolutionize the industry by prioritizing customer-centricity and offering innovative financial solutions
What is the outlook for the energy and natural resources sector: Rick shares his insights on the impact of alternative energies on fossil fuels and the future of energy
Rick delves into the implications of financials approaching 2008 levels on the S&P
The potential trajectory of gold and the factors shaping its value
Rick shares valuable strategies to secure financial futures amidst global economic challenges
Connect with Rick Rule Rick on Twitter
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
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Resources
Battle Bank
Rule Investment Symposium—Natural Resource Investing
ORDER “The Demise Of The Dollar”
JOIN THE ESSENTIAL INVESTOR TODAY!
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What's really behind the latest Fed rate hike and sticky inflation, and what does it mean for the economy? And the banks?
Could we already be in the midst of a recession?
And what can we expect in the coming months as the current economic situation evolves?
On this episode of The Wiggin Sessions, join me as I welcome Phillip Patrick to dive deep into the current economic landscape, the politics behind the debt ceiling debate, and the challenges faced by the Fed in combating inflation while avoiding a banking crisis.
Phillip Patrick has been a senior representative at Birch Gold Group since 2012. Birch Gold Group is a precious metals investment firm based in the United States and focused on helping American families protect their savings with physical precious metals. With over a decade of industry experience, Phillip deeply understands how precious metals can serve as a hedge against inflation, currency devaluation, and other financial risks.
Tune in as Phillip discusses the danger of a bank run, the history of bubbles, and his insight into how to address the debt problem with intelligent political decisions.
Listen in to learn his unique perspective on whether a recession is already underway and his insight into what we can expect in the coming months. Plus, how to obtain a free guide from Birch Gold Group on getting started investing in precious metals.
Key Takeaways What the US debt ceiling is really a reflection of
Why the government's unwillingness to negotiate is difficult to rationalize
The most likely places for growth in the coming decade
The history of gold as a performer during times of high inflation
Why physical commodities can lower your risk during times of currency problems and when paper assets falter
How physical precious metals can be tax-deferred within retirement accounts
Connect with Phillip Patrick Birch Gold Group
Birch Gold on Twitter
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources How Physical Precious Metals Can Help To Diversify Your Savings
The Demise of the Dollar
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Are you concerned about more banks collapsing? Or worse, the dollar? What impact would that have on your bottom line?
Financial crises impact our everyday lives, so how can we make smart financial decisions in response to these crises?
With over 30 years of experience and six financial busts lived through, I want to guide you through the credit cycle's impact on market speculation and investments so you can better navigate the ups and downs of the economy, make informed decisions about your money, and *invest wisely and thrive in any economic climate.
On this episode of "The Wiggin Sessions,” I’m walking you through the history of inflation in the US and the impact of lowering interest rates and “free money”.
I share my insights on the current banking crisis, the impending bailout of specific banks, and the importance of understanding the (fragile) interconnectedness of the banking system and where the real concern lies.
It's essential to be aware of the decreasing value of the dollar—listen in as I share some alternative investment options and insight into how to develop a mixed portfolio of conservative and speculative stocks these macroeconomic trends will not impact. Plus, get your copy of the newly released third edition of "The Demise of the Dollar" out now.
Key Takeaways The design behind the dollar's demise
The FED’s role in determining which banks will fail
Why you should consider pulling your money out of federally insured banks
What about Cryptocurrencies
What investors should know about the dollar's loss of purchasing power
The key to identifying stocks that are immune to monetary policy
How to analyze stocks that will weather the inflation environment and produce returns
Where to look for long-term investment options that go beyond the traditional
The economy, inflation, Ukraine…: the most significant factors to consider when making your investment decisions
How to evaluate the markets and adjust your investment portfolio accordingly
*Legal Disclaimer: The advice and ideas shared in this program are educational. You must make your own financial decisions. Consult with a financial advisor if necessary.
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources The Demise of the Dollar
The Essential Investor - The Wiggin Sessions
The Essential Investor with Zack Sheidt, The Wiggin Sessions EP92
The Wiggin Sessions - YouTube
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"America does best when its shoulders are up against the wall," —Warren Buffet
We have many examples of that throughout history. When the world is in chaos, the best investors don't run for cover. They see opportunity, where others see risk. And that's exactly what my guest on this episode of “The Wiggin Sessions” did when COVID-19 hit.
He took advantage of the situation and acquired two past-producing assets that had yet to see modern exploration in over 30 years, both with world-class potential.
Marin Katusa of Katusa Research has spent the past 20 years traveling and investing in oil, gas, and alternative energy, becoming the go-to resource for the world's top natural resource entrepreneurs and investors. When you look at his track record, it's easy to see why. Marin is the author of the bestselling book, The Rise of America: Remaking the World Order.
Marin Katusa joins me on this episode of “The Wiggin Sessions” to discuss the current state of the resource sector for investors looking to make informed decisions in today's market.
He shares the importance of investing in people and assets with a proven track record, why avoiding debts is crucial, and the value of due diligence and risk assessment.
Listen in as Marin shares his insight into why investing in North American assets could be the key to unlocking massive profits in today's market. Plus, he discusses two world-class resource assets with significant potential for investors.
Key Takeaways Martin shares his contrarian view on the rise of America (which differs from Porter Stansberry's concept of the end of America)
Why Investing in certain parts of North America can be more profitable than investing in emerging markets
Marin explains why commodities are the cheapest they've ever been against the S&P 500
Why understanding the risks of options trading and the difference between investing in physical gold and ETFs is crucial
Why Investing in miners in politically stable jurisdictions (and low production costs) offers significant opportunities for investors
Marin shares the most important factors to consider when investing in the resource sector
Marin shares the details of two assets he invested in during the COVID-19 pandemic and insight into their potential
Get ready for a gold rush—Marin reveals a top-secret project that he's been quietly working on for years
Connect with Marin Katusa Katusa Research
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources Project Gold Rush on Katusa Research
The Colder War: How the Global Energy Trade Slipped from America's Grasp
The Rise of America: Remaking the World Order
S3:E10 "The Largest Wealth Transfer in History" - The Wiggin Sessions
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"The wealth management industry does not exist to make you wealthy. It exists to make them wealthy,"- Porter Stansberry
Printing money to pay for unsustainable agendas has created a society plagued by income inequality and loss of purchasing power, creating a dangerous situation with no way to exchange labor for assets because the money is corrupted.
Add inflation to the mix, and the loss of purchasing power and income inequality has been further exacerbated. At the same time, the social contract in America has been so distorted most individuals are burdened with pursuing someone else's agenda on a daily basis.
Is the United States on a path toward financial and social collapse as a result?
Porter Stansberry is a renowned financial expert, author, and speaker with over 30 years of experience in the financial industry. He is the Founder of Stansberry Research, one of the world's largest independent financial research firms, and the boutique investment research firm Porter and Company. Porter is the author of the New York Times bestseller "The End of America" and is widely regarded as one of the most successful investment analysts and advisors in the business.
Today on "The Wiggin Sessions," Porter joins me to share his views on the current economic situation in the United States, including his thoughts on inflation, the decline of the US dollar, and the potential societal consequences of these issues.
He discusses the impact of war and military spending on the economy and its role in benefiting certain individuals and industries.
Listen in to gain insights from Porter on investment strategies, including those in the energy sector, and his knowledge of the new OPEC, which provides a promising opportunity for investment gains in the oil market.
Key Takeaways How the government's reliance on lies (and a need to keep printing money) has created an alternate reality that will eventually lead to a financial and societal collapse
How the current state of the economy and monetary policy is leading us toward bankruptcy
How the rapid erosion of wages and savings is putting the US on a path toward societal problems like increased desperation, prostitution, and gambling
History repeats itself: why every society in history that has relied on paper money has eventually failed (and what happens next)
Why inflation is likely to continue and will not be contained (and why you need to plan your financial strategies accordingly)
Why Porter believes it's best not to get involved in the conflict between Russia and Ukraine
How the depletion of the Strategic Petroleum Reserve and China's economic situation presents an opportunity for investment gains in oil
The high-yield opportunity for experienced investors in corporate bonds, speculative companies, and securities
Connect with Porter Stansberry Stansberry Research
Porter & Co.
Porter on LinkedIn
Porter on Twitter
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
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Resources Porter's Prediction
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Man, Economy, and State
Demise of the Dollar: From the Bailouts to the Pandemic and Beyond by Addison Wiggin
The Wiggin Sessions - YouTube
The Wiggin Sessions: James Howard Kunstler—Living in an Unrecognizable Economy EP62
The release of the Fed minutes from their most recent meeting was expected to be a major talking point.
But a series of game-changing events occurred within 48 hours of their release.
First, a blockbuster unemployment report was released, showing 550,000 jobs created, more than double the expected number, and retail sales also came in higher than expected.
With inflation seemingly out of control, the Fed will probably continue raising interest rates, which spells trouble for the stock market and the economy as a whole.
And there's more - there's the growing relationship between Russia and China to consider.
With all the potential consequences on the horizon, there's no shortage of topics to delve into with Jim Rickards on this episode of "The Wiggin Sessions." Jim Rickards is a well-known American economist, lawyer, and author of best-selling books such as The Death of Money and his latest release, "Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy." Jim is a frequent guest on various news networks and editor of the financial newsletter Strategic Intelligence.
Join us as we talk about the Federal Reserve's inability to control inflation and the outlook for the markets in the wake of the hawkish Fed's consecutive rate hikes, plus how even small amounts of inflation erode the value of the US dollar.
Listen in as the conversation gets political as we discuss the cozying up of China to Russia, with Jim providing a memorable analogy of a three-person poker game. Jim shares his predictions on the 2024 election and the potential impact of a central bank digital currency, or as he calls it, "Biden bucks," and the effect it could have on personal privacy and finances.
Key Takeaways The folly of the Fed's 2% target and the consequences on the economy
Jim shares what he sees as a tough road ahead for stocks
The difference between demand-pull and cost-push inflation and the limit of the Fed to address supply-side inflation
Why financial sanctions don't work against large economies like Russia
The missed opportunity by the US to ally with Russia to counter China's rise
The blunder of escalating support for Ukraine, the US media's biased, and the potential impact on the 2024 election cycle
Jim shares the possible threat of the China-Russia alliance on the US dollar.
The danger of CBDCs (central bank, digital currency, or "Biden bucks") when used as targeted control and surveillance
Connect with Jim Rickards Jim on Twitter
Jim on Facebook
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources Share the Wiggin Sessions
Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy
Demise of the Dollar: From the Bailouts to the Pandemic and Beyond by Addison Wiggin
The Wiggin Sessions - YouTube
The Death of Money: The Coming Collapse of the International Monetary System
At its very core, I think of an investment as buying into a company and owning a piece of that company... That's what it means to be an investor. To be a speculator simply means that I'm going to buy a stock, and I expect to be able to sell it at a higher price."—Zach Scheidt
Are you an investor or a speculator?
The answer matters greatly, informing the stocks you pick and your expectations.
Zach Scheidt is the founder of ZachScheidt.com, the investment director of The Essential Investor, and the architect of The Essential Portfolio. Zach is an expert in Wall Street's highest-performing income stocks and has developed a unique high-end put selling strategy. He previously ran two hedge funds with a combined asset total of over $100 million, making him well-versed in the financial industry.
Zach joins me on “The Wiggin Sessions” today to discuss the difference between being an investor and a speculator and why it matters in terms of the stocks you pick and your expectations.
He'll share his insights into the prominent factors affecting the market, why what's going on on Main Street doesn't always correlate with what's going on on Wall Street, and whether or not we're headed for a recession. Plus, how much you should worry about both the economy and politics when it comes to your investment strategy.
Listen in for an in-depth discussion of the Essential Portfolio, which Zach helped develop, and learn more about his barbell approach to investing, including four of his stock picks from the portfolio—three that offer reliable income and one that's a bit more speculative.
Tune in to get these valuable stock pick recommendations and go to https://essentialinvestor.net or https://theessentialinvestor.net to follow Zach's investment advice thru the EI.
Key Takeaways How to take advantage of the winners and losers in the supply chain struggles
The importance of separating politics and investing
How to take advantage of the opportunities to create wealth (even in a recession)
The insight of Ray Dalio, the founder of Bridgewater Associates, into the relationship between the US and China
Should we worry about politics when picking stocks when picking stock
The critical difference between being an investor and a speculator
Why diversification is the key to the investing long game
Why 20 different positions is the 'sweet spot' for a diversified portfolio
How the barbell approach to investing leads to sustained portfolio growth
The four stocks Zack recommends investing in now
Connect with Zach Scheidt Zach Scheidt
Zach on LinkedIn
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources Share the Wiggin Sessions
"As human beings, we are not built to be great traders—quite the opposite. But as investors, it is incredibly important to overcome those evolutionary biases and not allow them to influence our decision-making in the market,"—JC Parets
Sometimes you want to own gold, and sometimes, you don't!
Investing can be a complex game and understanding the market environment is critical to choosing effective tools and strategies that will lead to success.
But in the midst of a cacophony of misinformation and self-serving agendas, investors face a daunting challenge in their quest for trustworthy information and dependable guidance to navigate the complexities of the markets.
JC Parets is the founder of All Star Charts and is one of the world's most widely followed technical analysts. All Star Charts is a research platform for professional and retail investors covering US and international stocks, interest rates, commodities, and forex markets. Mr. Parets is also a Chartered Market Technician designation (CMT) and a frequent speaker at top investing conferences and universities.
Today, on The Wiggin Sessions, JC joins me to explain how to identify the market drivers and demystify the short squeeze without getting bogged down in technical jargon.
Listen in as he shares how to cut through the noise and find (reliable) information to improve your investing strategies, whether they are short or long-term.
Key Takeaways Why you don't fight Papa Dow
Why understanding the drivers of the market is essential to decide which strategies to implement
JC explains what to look for when you're trying to identify a "short squeeze"
The historically best three-month period of the year (and what's traditionally the worst month for investments)
The only way to get paid in the market, according to JC
Why it's vital to remain objective and invest while keeping an eye out for market shifts
Why you need to think globally rather than just focusing on the US market
Connect with JC Parets All Star Charts
J.C. Parets on Twitter
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources How to Get Paid in a Recession with JC Parets
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"As inflation came down from the early 1980s, then interest rates came down...credit exploded...suddenly this money revolution was sparked off when dollars stopped being backed by gold...the Fed is free to print...and credit exploded. So, all of these things together constituted a money revolution that transformed the world and pulled hundreds of millions of people around the world out of poverty."— Richard Duncan
Since the US detached the dollar from gold, printing money has created a global credit bubble, always on the verge of imploding.
The COVID-19 pandemic caused a unique phenomenon in 2020, with the savings rate skyrocketing while consumer credit dropped.
Then came the invasion of Ukraine by Russia causing inflation rates to surge and more global supply chain bottlenecks.
With the increased inflation rates and a surge in consumer credit, it's becoming more challenging for the Fed to control inflation just by raising rates.
So, what's the solution: how can the government fix this?
Richard Duncan is an economist and the author of four best-selling books that analyze the causes and effects of economic crises and the transformation of our economic system from capitalism to what he calls "credit-ism." His latest book, "The Money Revolution: How to Finance the Next American Century," describes the evolution of money and credit over the last century since the dollar stopped being backed by gold. Duncan also publishes "Macro Watch," a video newsletter available on his website.
Today, on The Wiggin Sessions, Richard joins me to discuss the government's involvement in the current debt crisis, his thoughts on the debt ceiling, and what he thinks we should learn from the money revolution.
Listen in as he shares his thoughts on what needs to be done to make the current economic situation sustainable, induce a technological revolution, turbocharge productivity and economic growth, and keep the country out of a depression caused by a credit bubble implosion.
Plus, how you can subscribe to his newsletter for 50% off—just for listeners of “The Wiggin Sessions.”
Key Takeaways How the pandemic impacted the economy of the US, causing the savings rate to skyrocket (while consumer credit dropped)
The current credit bubble and the government's involvement
How interest rates lead up to debt crisis
What the government could do to grow our way out of this crisis
Why Richard feels the debt ceiling should be eliminated
How the government's creation of 2.8 trillion dollars in one quarter was used to preserve the status quo (instead of investing in the future)
The US government's plan for cryptocurrencies
Why Richard is not particularly concerned about the rising national debt
Connect with Richard Duncan Richard Duncan Economics
Richard Duncan (@PaperMoneyEcon) on Twitter
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources The Money Revolution: How to Finance the Next American Century
Use Code February to Subscribe Save 50% on Macro Watch - Richard Duncan Economics
The Credit Bubble popped. Can the government fix it? Richard Duncan | EP 90 The Wiggin Sessions
Financial Reckoning Day: Surviving the Soft Depression of the 21st Century
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"Gold is the anti-dollar. In a growth environment, you want to own financial assets, stocks, and bonds. In a debt environment, you want to own gold. Gold is an asset, not a liability. — Adam Baratta Our national debt doubles every eight years.
The Federal Reserve controls the equity market by massively expanding its balance sheet. And the more we grow, the more we owe until the government's purpose shifts from providing services to serving its own debt as the national debt spirals out of control.
Let's face it, the monetary systems in place are flawed and in need of change.
We need a new model.
But what will the great reset look like?
And how can you make decisions NOW to protect your wealth long-term?
Adam Baratta is a two-time #1 national bestselling author with his books Gold is a Better Way, and
The Great Devaluation and is one of the most dynamic voices in investments, the Federal Reserve, and the global economy. Adam is the CEO and Editor of Brentwood Research, one of the fastest-growing financial publishing firms in the country. His just completed book, The Seven Simple Laws of Inflation, explains why he expects inflation to be the number one issue facing the global economy over the next several years.
Today, on The Wiggin Sessions, Adam joins me to discuss the decline of the US dollar and the pressing issue of Global monetary instability. We explore the dangers of relying on digital currencies and the importance of gold in resetting our monetary system.
Listen in as he shares why he thinks we're headed for multiple potential crises and what he predicts for the great reset. Plus, a behind-the-scenes look at his personal investment model so you can reposition your investments to be prepared long-term. And how to get his new book, The Seven Simple Laws of Inflation, FREE.
Key Takeaways How Adam got started making films with THE Stan Lee of Marvel
Adam shares the pitch he made to Jerry Jones to make the heroes of the NFL into superheroes
His introduction to the gold market
Adam shares the story of how he entered the financial publishing market
Adam shares a black swan visual that depicts the asymptote of debt
How the Federal Reserve will prevent the 'crowding out' of fiscal spending.
Why an International Currency system is unsustainable
Why central banks are forced to create 'economic black holes'
The only way out of the unsustainable debt situation in the US
The pitfall of digital currency for investors
The problem for investors, as Adam sees it
Why Adam thinks gold is the key to a reset of the monetary system
Connect with Adam Baratta Brentwood Research
Adam Baratta - Co-Founder - Advantage Gold | LinkedIn
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources Get Your FREE digital copy of The Seven Simple Laws of Inflation
The Great Devaluation
Gold is a Better Way
The Wiggin Sessions: Jim Rickards Part 1—The Rise and Fall of the Bretton Woods System
The Wiggin Sessions: Jim Rickards Part 2—The Difference Between a Recession, a Depression, and a Financial Crisis
"I am so glad I was able to muster the courage to step into this arena. I'm as proud of this film as anything I've ever done. It's necessary. I think people have a right to make their own decisions. And we certainly need to remind our fellow man that we have the right to choose what goes into our body and not have an experimental medication mandated to us, or we lose our freedoms,"—Jeff Hays on making “The Real Anthony Fauci” movie
This week, the rest of the Fauci files from Twitter are coming out. And we can see the direct involvement of multiple departments in the US government banning and shadow-banning people to suppress vaccine misinformation.
But was it really just an attempt to control the narrative and suppress information from people like Robert F. Kennedy Jr. and Dr. Peter McCullough? While at the same time, big money flowed into BIG Pharma, creating no less than nine new billionaires.
Jeff Hays has been an award-winning filmmaker and television producer since the early nineties. He gained national attention with Fahrenhype 9/11 (2004), a response to Michael Moore's Fahrenheit 9/11. He followed that with On Native Soil (2006). Narrated by Kevin Costner and Hilary Swank, the documentary focused on the perspective of surviving family members of 9/11 victims and their efforts to create the 9/11 Commission. The film was acquired by Lions Gate and NBC and was short-listed for an Academy Award.
Today, on The Wiggin Sessions, Jeff joins me to discuss his new film, “The Real Anthony Fauci,” and what it feels like to release a movie that documents this remarkable period in our history, plus the courage it took for him to make the film.
Listen in as he shares how you can watch the film for free and why he wants you to share it with others to get the message out because what happened during COVID happened to all of us, and we need to make sure nothing like this ever happens again in this country.
Key Takeaways How Jeff got started making films
Why Jeff made Farenhype 9/11 (and the death threats that followed)
The most suppressed book in the history of our lives
How Robert F. Kennedy Jr. went from elite liberal darling to persona non grata in less than one year
Why Jeff thinks they have repressed the information about the real Anthony Fauci in the media
The COVID Vaccines' role in the making of 5 new billionaires
What's the reasoning behind banning free speech
How truth (and journalistic integrity) became less important than getting rid of Trump
The amazing transformation of liberals into the lap dogs of Big Pharma
How Anthony Fauci wrestled for control of the Aids crisis (and then for the COVID crisis)
How countries that did not follow the Fauci protocol fared as opposed to the ones (like ours) that did
What Jeff thinks about Anthony Fauci after studying him for over two years
Jeff shares his answer to the question, are vaccines good or bad
Connect with Jeff Hays Jeff Hays Films
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources WATCH The Real Anthony Fauci Movie
Jeff Hays Farenhype 9/11
The Real Anthony Fauci: Bill Gates, Big Pharma, and the Global War on Democracy and Public Health (Children’s Health Defense)
"Fear prevents us from doing the things that create abundance, that create change, that move the world in the direction that we would like to see. If you want to make a lot of money and be free, looking at the negative is just not going to get you there. You have to look at the opportunities … and how those can be leveraged in order to match your ideals. That's the only appropriate response,"—Ryan Daniel Moran
Currently, many entrepreneurs and investors are viewing the world through a lens of negativity and fear.
As 40-year high in inflation and market turmoil cast a shadow on every new hope that shows any momentum.
But, there is another point of view that is more optimistic, believing that the next two to four years will be a time of great wealth creation.
Ryan Daniel Moran is a serial entrepreneur, investor, author, and the owner of Capitalism.com, where entrepreneurs are empowered to create change in their lives and the lives of those around them. He is also the host of the Capitalism.com Podcast and the author of 12 Months To $1 Million.
Today, on The Wiggin Sessions, Ryan joins me to discuss his views on capitalism and how he is helping entrepreneurs grow their wealth through tools that help them get the exposure they need to grow their businesses.
We discuss how myth-based fears keep us from creating the change we want to see in the world and why he believes we need to lean into the possibilities in a Web3 future, an Elon Musk run Twitter, and a return to freedom.
Plus, he shares why he believes the next 2 to 4 years will provide significant opportunities for long-term wealth creation and a new era of abundance.
Key Takeaways
Ryan shares his vision for the Capitalism.com website
The number one thing that a person must do to launch a new business
How Capitalism.com is bringing together entrepreneurs and the investors they need to help them bring their vision to life
How government slows down the solving of problems
Ryan shares how financial agreements (money) can be used to solve most of our problems
Ryan shares his opinion of the World Economic Forum
How myths based on fear keep us from creating the world we want
Why he's excited about Twitter again since Elon's takeover
The impact of restricting freedom (and raising government skepticism)
Why he thinks the next 2 to 4 years are going to be the greatest opportunities to create wealth long term
Ryan shares his passion for cryptos and NFTs despite the recent market upheaval
Why he thinks it is wise for investors to delve into Web3
He explains why he believes technological development will lead to a new era of abundance
Connect with Ryan Daniel Moran Ryan Daniel Moran
Ryan on Instagram
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Capitalism
Capitalism.com Podcast
Ryan Daniel Moran - YouTube
12 Months To $1 Million - The Book | RyanDanielMoran.com
What really happened after the collapse of the USSR?
According to declassified documents from the Clinton Administration, there was a power struggle between communist hardliners and Russian oligarchs.
And when Yeltzin was caught in the middle, rather than giving in to either side, he turned to Vladimir Putin to protect Russia.
How might knowing the truth change the way we think about Putin and the war in Ukraine?
Martin Armstrong is the internationally recognized economist and former hedge fund manager behind Armstrong Economics and Ask-Socrates, a global economics and political environment analysis platform.
Martin is a former hedge fund manager and internationally recognized economist with more than 40 years of experience monitoring and forecasting market behavior.
On this episode of The Wiggin Sessions, Martin joins me to discuss his latest book, The Plot to Seize Russia, and describe how the current call to overthrow Putin will only make things worse.
Martin explores Ask-Socrates’ predictions of World War III and another global recession, explaining how the WEF influences elections and why we need a free speech platform like Twitter.
Listen in to understand what differentiates Martin’s economic theories from those of Klaus Schwab and learn how to protect your wealth in a tumultuous political and economic environment.
Key Takeaways
The purpose of the World Economic Conference and why Nigel Farage calls it the antidote to Davos
What differentiates Martin’s economic theories from those of Klaus Schwab
How Martin’s software predicted the outcome of the midterms and why he sees it as ‘the most corrupt election in American history’
What Ask-Socrates is saying about the war in Ukraine and the potential for WWIII
How the Fed is likely to react to the recession Martin’s forecasting model predicts
Martin’s theory that Bitcoin was started by the government to acclimate us to digital currency
The story behind Martin’s new book, The Plot to Seize Russia, and what really happened after the collapse of the USSR
Why Martin calls the conflict in Ukraine the climate change war and why overthrowing Putin will only make things worse
Martin’s support of making Twitter a free speech zone for discussions counter to the narrative
What individual investors need to understand about how international capital moves in wartime
Connect with Martin Armstrong Armstrong Economics
Ask-Socrates
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5 Minute Forecast
The Plot to Seize Russia: The Untold History by Martin Armstrong
2022 World Economic Conference
‘Zelensky & World War III’ in Armstrong Economics
The Memoirs of Herbert Hoover: The Great Depression, 1929-1941 by Herbert Hoover
“We wanted to find companies and assets that stand on their own two feet. To show you can have an environmental mindset while still making money, delivering value, and capturing something that will have longevity,”—Mark Rossano
The Green Movement, fictitious capitalism, and declining investments in manufacturing and transportation are causing a breakdown in all areas of the economy.
Right now, there is not enough heavy distillate crude to make diesel and heating oil. We have a worsening food crisis. And methods of transporting the goods we need to live are about to become very expensive, if not impossible.
Mark Rossano is a financial industry veteran and renowned expert on global financial markets and supply chain analysis. As Founder and CEO of C6 Capital Holdings, Mark provides investment and consulting services to clients across multiple sectors with a pronounced focus on global product flows.
I invited him onto The Wiggin Sessions today to help us unpack the key pieces we need to look at to get the complete picture of the energy market.
We discuss the fossil fuel market, the political headwinds determined to move us into green energy, and how he looks at that as an investor. And he’ll explain Rossano’s proprietary frac spread count and why it’s important.
Plus, how you can go beyond Main street reporting and follow Mark Rossano’s global product flow analysis at Freedom Financial Daily.
Key Takeaways
What was the motive behind cutting crude production
The key pieces to look at when discussing the energy market
How the increase in output affects the price consumers pay at the pump
The #1 reason that’s keeping gas prices higher than they need to be right now
How the excessive floating storage is driving up prices AND supply chain issues
Why the East Coast heating crisis isn’t just about a lack of heating oil
Mark shares what could happen if you live in New England and Mother Nature decides to send us a Polar Vortex in January
Why Mark created his private equity fund to invest in diesel in 2019
The impact of low interest rates and inflation on the energy markets
Why we need to be diligent about our investment in green energies
Mark shares what he looks for when he’s making an investment
Why it’s vital to invest in tangible things that will exist on the other side of a recession
How Mark and C6 Capital Holdings factor political factors into their investment decisions
Mark explains what the Frac Spread Count is and why it’s important
Connect with Mark Rossano C6 Capital Holdings
Email Mark
Mark Rossano on Twitter
Primary Vision Network - YouTube
Freedom Financial Daily
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Jones Act
Mark Rosanno—What the Nord Stream Sabotage Means for Global Energy Markets
Share the Wiggin Sessions on Apple Podcasts
"I don't want to live in a world of strip malls. We have to find a solution for having diversified businesses in our economy aligned with human self-interest. And human self-interest is owning your own small businesses and investing in them because there's a monetary component that makes sense," - Codie Sanchez
Do you want to go to a Starbucks every day? Or shop at a big box store ALL the time?
In this age of bigger is better and convenience is king, we've lost the ability to build better communities through investing locally.
In the coming years, the largest generation, the baby boomers, will be leaving their small, mom-and-pop businesses behind to move into retirement, creating the greatest wealth transfer since the industrial revolution.
So how can investors navigate this opportunity in a way that pays great dividends?
Codie Sanchez is the Founder and CEO of Contrarian Thinking, with over 1.5+ million subscribers and the Co-Founder of Unconventional Acquisitions focused on small business acquisitions. Her 15-year background in Finance includes leadership positions at Goldman Sachs, State Street, and Vanguard. She was listed as a Top 25 Most Innovative Leader in Cannabis and a Top Female Investor by Forbes.
On this episode of The Wiggin Sessions, Codie joins me to discuss her journey from Finance to investing in neighborhood-level mom-and-pop businesses and why she started Contrarian Thinking.
We discuss how to become an owner of a business you are currently working in and why local matters now more than ever.
Listen in for Codie's insight into what to consider when considering M&A in your neighborhood and the questions to ask to determine which business investments are right for you. Plus, how you can become a contrarian thinker today and start earning passive income to achieve financial freedom with the guidance of Codie Sanchez.
Key Takeaways
Codie shares her background in Finance
Why business terms are her love language
How her love of words plays into who she is
Why taking things local matters now more than ever
Why she pushes entrepreneurship for people to become owners rather than renters
The idea behind Contrarian Thinking and why being a contrarian is vital in this era
The methods Codie and her team employ to help people figure out their next financial move
Why you should be negotiating more than your next raise or more vacation time during your next employee review
Why she sees money as the freedom to be the architect of your life
Her advice for people looking to buy their first business
How to determine which business is right for you to invest in
The questions she asks when she is trying to determine if a deal is for her
Why she doesn't think there will be a recession
The deals that Corie is excited about right now
Connect with Codie Sanchez Codie Sanchez
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Contrarian Cashflow
Unconventional Acquisitions
Contrarian Thinking
G-File Archives - The Dispatch
Share the Wiggin Sessions on Apple Podcasts
"We're in the platinum age of healthcare," - Dr. David Eifrig
In the age of technology, healthcare is moving at the speed of light, with new research leading to the development of cures for everything from hair loss to new cancer therapies.
In the coming years, your genetic code will be the key to unlocking your life potential to be over one hundred.
With all of these advancements, there are emerging opportunities for investors in the healthcare market.
Dr. David Eifrig started his career trading derivatives at Goldman Sachs for over a decade. In 1995, he decided to switch careers and left Wall Street to become a medical doctor becoming a board-eligible eye surgeon before landing at Stansberry Research, where he launched his Retirement Trader, Retirement Millionaire, and Prosperity Investor newsletters. He is also the author of five books, including The Living Cure: The Promise of Cancer Immunotherapy. He owns and produces his own wine at Eifrig Cellars LLC in northern Sonoma County, California.
On this episode of The Wiggin Sessions, Dr. Eifrig joins me to discuss the platinum age of healthcare and the science of rapidly developing new therapies for everything from Alzheimer's to new genetic therapies for cancers.
We discuss his predictions for where he sees healthcare going in the coming years and why your genetic code is the key to unlocking your potential to live to be one hundred or more.
Listen in to learn insider secrets on what you should pay attention to as an individual and an investor to take advantage of this new era's rapid pace of discovery. Plus, he shares 2 of his healthcare picks for investors now and the biggest opportunity he's seen in any market.
Key Takeaways
Dr. Eifrig shares his journey from Wall Street to medicine, to combining health information with financial information through his newsletters
Dr. Eifrig shares the most innovative things in the healthcare field right now
How genetic profiles are helping doctors to create cures at a rapid-fire rate
Where Big Pharma is focusing its attention right now
Why genetic editing is the key to changing the average healthy lifespan of individuals
How to use your genetic profile to stay up to date on the latest cures as they happen
Dr. Eifrig shares how he and his team evaluate a healthcare company in order to determine its investment potential
How macroeconomic turmoil affects the healthcare industries
How The Living Cure works by using your own cells to cure diseases
Dr. Eifrig shares how he got into the wine business
Connect with Dr. David Eifrig Dr. Eifrig on the Biggest Opportunity He Has Ever Seen in Any Market
Dr. Eifrig on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Stansberry Research
Retirement Trader
Retirement Millionaire
Prosperity Investor
The Living Cure
Eifrig Cellars LLC
Illumina
Editas Medicine
Bill Bonner— The Crisis That Could Bring Down the American Empire
Share the Wiggin Sessions on Apple Podcasts
"For us to be the only institution operating purely from an investment perspective, in a $2 trillion asset class that almost nobody else in that market operates in with a purely investment perspective…that gives us quite a bit of an ability to generate alpha for our investors,"- Allen Sukholitsky
What asset classes do better than others when inflation is high?
Typically, assets like oil and gold hold their own when the economy is in flux. But there are other opportunities for investors.
Masterworks is a platform with a mission to fractionalize art, making it an accessible investment opportunity.
Allen Sukholitsky is the Chief Investment Officer at Masterworks, the leading art investment platform for self-directed investors. Before Masterworks, Allen was a Senior Market Strategist at Goldman Sachs, focused on investment strategy, portfolio construction, and investment implementation. He has almost two decades of global economic and investment experience and has been a keynote speaker at investment conferences across the country.
On this episode of The Wiggin Sessions, Allen joins me to discuss his view of the factors influencing the current inflation and the need for stable investments at a time like this.
Allen shares how the ROI in art stands up to other investments and why art might be more attractive for investors than other tangible assets such as oil and gold based on its performance over a three-year period.
Listen in to understand the attractiveness of art as a real asset and how you can purchase shares in great masterpieces from postwar and contemporary artists like Andy Warhol, Jackson Pollock, and more by becoming an exclusive member of Masterworks today.
Key Takeaways
Allen shares the two elements that have brought us to the level of inflation we are at today
The bigger problem than inflation for the FEDS
How trickle-down quantitative easing bleeds into the economy
What would happen if the FEDS continued to raise rates even when inflation begins to resolve itself
What asset classes do better than others when inflation is high
Why art might be more attractive for investors than other tangible assets such as oil and gold
The enormous opportunity that led Allen to into the art as an investment market
Making art an accessible investment opportunity
How Masterworks is fractionalizing art so investors can own shares of a multimillion-dollar work of art
Allen shares the average return on an investment when it is sold through Masterworks
How Masterworks sources the market data for the paintings they invest in
Why Masterworks focuses their efforts on postwar and contemporary art worth between $500k-$30 million
Why 4% is the average risk tolerance for an investor's allocation into art
How to use the Sharpe Ratio to maximize returns and reduce volatility
Allen shares Masterworks' three-year milestone garnered by outperforming 15 major asset classes
Connect with Allen Sukholitsky Allen on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Masterworks
Sharpe Ratio
Your Piece of Art History
Investing in Fine Art w/ Scott Lynn - EP 23 The Wiggin Sessions
Share the Wiggin Sessions on Apple Podcasts
"We're still being challenged by the 2008 financial crisis and the 2020 pandemic, and we have the Russia and Ukrainian war. What's going to be next nuclear war? Some pretty shocking things are happening that will keep us all busy,"-Mark Skousen
What do the current supply chain issues have to do with the current inflation rates?
And are the supply chain issues currently resolving themselves?
Mark Skousen (Ph.D., economics, George Washington University) was recently named one of the top 20 living economists in the world (www.superscholar.org ). In 2014, he was appointed a Presidential Fellow at Chapman University in California. Since 1980, he has been editor-in-chief of Forecasts & Strategies, a popular award-winning investment newsletter. He's also the author of several books, including the highly referenced, The Making of Modern Economics - 4th Edition. He is the producer of Freedom Fest, "the world's largest gathering of free minds," which meets every July.
On this episode of The Wiggin Sessions, Mark joins me to discuss the impact of supply chain issues on the current economy and how the free market is finding solutions to supply chain shortages.
Mark shares the type of inflation he believes is on its way down, his prediction of FED panic and what will happen to the economy in 2023, and the stories that led him to update his book, The Making of Modern Economics.
Listen in as Mark shares how his work with Hudson Link teaching colleges courses at Sing Sing Correctional Facility is changing lives and why we need groups like Freedom Fest to stay in existence now more than ever.
Key Takeaways
How the difference between measuring the Gross Output (GO) and the GDP effects the measurement of the economy
What the supply chain issues have to do with the current inflation rates
How the market is moving to solve the supply change problems
Mark shares which type of inflation he feels will soon be on his way down
Mark shares his personal prediction of FED panic and what will happen to the economy in 2023
The only tool the FED has to ease the recession
Why Mark feels Ben Bernanke should have been fired rather than given the Nobel Peace Prize
How Mark developed the theories that led him to write The Making of Modern Economics
Mark shares how his work with Hudson Link teaching colleges courses at Sing Sing Correctional Facility helped reduce the recidivism rate
Mark shares the background behind Freedom Fest
How much of the idea for Freedom Fest is based on the Mont Pelerin Society
Why groups like Freedom Fest need to stay in existence to keep socialism from dominating our society
Connect with Mark Skousen Mark Skousen
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Forecasts & Strategies
Skousen Books
A Viennese Waltz Down Wall Street
The Making of Modern Economics - 4th Edition
Hudson Link for Higher Education in Prison
Zero Percent (2011) - IMDb
The Mont Pelerin Society
Freedom Fest
"The way I see this is we've got one real shot at saving the soul of humanity, and that is fixing the money to fix the world,"—Robert Breedlove
Is Bitcoin zero?
Or is Bitcoin the next global reserve asset?
To my guest today, Bitcoin is fundamentally a humanitarian movement, exposing the greatest con in human history, which is central banking, which is one of our favorite themes.
Robert Breedlove is a freedom maximalist, ex-hedge fund manager, and philosopher in the Bitcoin space. By learning about the connection between honest money, entrepreneurship, and civilization, we are renewing hope for the future of humanity. To this end, Robert's mission is to restore freedom, truth, and virtue in our world by tenaciously asking the question: "What is Money?"
On this episode of The Wiggin Sessions, Robert joins me to share why he started joining with guests on his podcast, "What is Money?" to blaze new trails and break new ground in the discussion of money.
Listen in as Robert discusses how Bitcoin preserves the relationship between owner and assets, empowering options humans have never before had for more prosperity.
Key Takeaways
Why Bitcoin is the solution to centralized banking
Rob shares his definition of 'What is Money'
How launching the podcast with Michael Sailor as the first guest was the key to its success
Why Rob thinks the 'spectator sport' of podcasting in the digital age is helping us rediscover the importance of thinking out loud
Why Rob believes we must abolish taxation for the world to work in a sustainable way
How taxpayer money is being channeled into funding 'wokeism" via technology
Why the middle class is 'the meat of the economic host that the state parasitizes'
How the government steals from taxpayers via inflation
Robert shares why there are so many theories and misconceptions about Bitcoin
Why Bitcoin is different from other crypto assets and gold
Why the physicality of gold leads to the manipulation of the price by the paper markets
Why a central bank created cryptocurrency could lead to a social credit scoring system here in the US
Connect with Rober Breedlove The "What is Money?" Show
Robert on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Share the Wiggin Sessions on Apple Podcasts
The Number Zero and Bitcoin: Robert Breedlove
“The Future of Money is Decentralized” w/ Saifedean Ammous - EP 47 The Wiggin Sessions
Why "The Long Emergency" Persists w/ James Howard Kunstler - EP 62 The Wiggin Sessions
Seven Brief Lessons on Physics by Carlo Rovelli
The Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous
Human Action: A Treatise on Economics by Ludwig Von Mises
"The way I see this is we've got one real shot at saving the soul of humanity, and that is fixing the money to fix the world,"—Robert Breedlove
Is Bitcoin zero?
Or is Bitcoin the next global reserve asset?
To my guest today, Bitcoin is fundamentally a humanitarian movement, exposing the greatest con in human history, which is central banking, which is one of our favorite themes.
Robert Breedlove is a freedom maximalist, ex-hedge fund manager, and philosopher in the Bitcoin space. By learning about the connection between honest money, entrepreneurship, and civilization, we are renewing hope for the future of humanity. To this end, Robert's mission is to restore freedom, truth, and virtue in our world by tenaciously asking the question: "What is Money?"
On this episode of The Wiggin Sessions, Robert joins me to share why he started joining with guests on his podcast, "What is Money?" to blaze new trails and break new ground in the discussion of money.
Listen in as Robert discusses how Bitcoin preserves the relationship between owner and assets, empowering options humans have never before had for more prosperity.
Key Takeaways
Why Bitcoin is the solution to centralized banking
Rob shares his definition of 'What is Money'
How launching the podcast with Michael Sailor as the first guest was the key to its success
Why Rob thinks the 'spectator sport' of podcasting in the digital age is helping us rediscover the importance of thinking out loud
Why Rob believes we must abolish taxation for the world to work in a sustainable way
How taxpayer money is being channeled into funding 'wokeism" via technology
Why the middle class is 'the meat of the economic host that the state parasitizes'
How the government steals from taxpayers via inflation
Robert shares why there are so many theories and misconceptions about Bitcoin
Why Bitcoin is different from other crypto assets and gold
Why the physicality of gold leads to the manipulation of the price by the paper markets
Why a central bank created cryptocurrency could lead to a social credit scoring system here in the US
Connect with Rober Breedlove The "What is Money?" Show
Robert on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Share the Wiggin Sessions on Apple Podcasts
The Number Zero and Bitcoin: Robert Breedlove
“The Future of Money is Decentralized” w/ Saifedean Ammous - EP 47 The Wiggin Sessions
Why "The Long Emergency" Persists w/ James Howard Kunstler - EP 62 The Wiggin Sessions
Seven Brief Lessons on Physics by Carlo Rovelli
The Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous
Human Action: A Treatise on Economics by Ludwig Von Mises
"When you're a physician, you want to … help people. The reason I transitioned is because I realized early on with my technology background that I would be able to leverage my ability to influence people far more positively for health by using the Internet as a tool," - Dr. Joseph Mercola
When the COVID-19 pandemic was in full swing, the popular narrative was that the only hope of ever returning to 'normal' was to close businesses, schools, and churches to protect the masses from asymptomatic superspreaders until we could create a vaccine, or we could develop a cure.
But there were outliers offering other solutions to a desperate world. Eventually, those individuals were quieted through whatever means necessary and would find their names on 'the 'Disinformation Dozen.'
My guest today was #1 on that list, with CNN and The New York Times joining forces to label him as a superspreader of COVID misinformation. But the reality was he was the most significant voice that was a threat to their narrative.
Dr. Joseph Mercola is an osteopathic physician with a passion for technology. For over 20 years, he's been ahead of the curve, paving the way for revolutionary changes in the natural health field. Dedicated to helping people improve their lives and health, he's written over 30 scientific studies and reports in medical journals and publications and manages one of the most subscribed to natural health sites worldwide. But he's also a bit of a rebel, often discrediting the conventional medical model thrown at us through his writing, including in his best-selling book, The Truth About COVID-19: Exposing The Great Reset, Lockdowns, Vaccine Passports, and the New Normal (2021).
On this episode of The Wiggin Sessions, Dr. Mercola joins me to discuss how the trust and credibility he gained over a 25-year career was threatened once he started exposing holes in the COVID narrative and challenging the efficiency (and SAFETY) of the COVID vaccines.
We discuss how the US Government spent over $100 billion taxpayer-funded dollars to spread propaganda while offering immunity from liability to vaccine companies hell-bent on profitability with little or no regard for safety or human life.
Listen in to learn what you can do to get the truth to protect yourself and your family in a system designed to create polarization and division.
Key Takeaways
Dr. Mercola shares the story of his stalking by CNN and The New York Times to deplatform and discredit him
The admission by Dr. Francis Boyle, who drafted the Biological Weapons Act COVID-19, was a previously known BIO Weapon
How the spike proteins used in the RMNA COVID vaccines damage your body and makes you more likely to get sick
How officials manipulated the data to create mass hysteria by increasing the COVID death rate numbers and reversing the numbers of deaths from vaccine side effects
The most significant difference between other pandemics, like the Spanish Flu of 1918, and the COVID-19 pandemic
How social media and major search engines are used to manipulate and propagandize the population
The 3 biggest tools our government uses to spread mass misinformation
How major industries like the CDC and the EPA are manipulated to control the narrative
How social isolation contributes to mass formation and makes people more susceptible to brainwashing
How spending an hour a day in the sun can help increase your testosterone, melatonin, nitric oxide, and serotonin levels
How the manipulation of big food and big pharma led to 14 out of 15 people being metabolically inflexible, leading to an increased risk of diabetes, heart disease, and cancer.
How the Flexner report led to the replacement of natural remedies for the more profitable pharmaceuticals
The quest for profits that led to immunity for vaccine companies and more death and harm for patients
How the US Government used over $100 billion taxpayer-funded dollars to spread propaganda to the American people
Connect with Dr. Joseph Mercola Mercola.com
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources The Truth About COVID-19: Exposing The Great Reset, Lockdowns, Vaccine Passports, and the New Normal
Dr. Mercola's Censored Library (Substack)
James Howard Kunstler—Adapting to the Current Crisis Long-Term
The Psychology of Totalitarianism by Mattias Desmet
The Flexner Report
Share the Wiggin Sessions on Apple Podcasts
"Oil is the primary resource of our abundant industrial, turbo techno economy, and without reliable, predictable, affordable supplies of it, we're going to be in a lot of trouble. And that's exactly where we are now." - James Kunstler
Some mitigators want to find workarounds for the problems we are facing in the economy, the energy crisis, and the climate.
But there are also the early adaptors who believe the only way through these crises is 'to adapt to them by changing our behavior and the way we do things.'
To survive in the future, we must learn to live differently.
So, how can we face this course correction head-on?
James Howard Kunstler is a prolific author, public speaker, blogger, podcaster, and painter. He's the author of Living in the Long Emergency, about the "converging catastrophes of the 21st century." You can hear more of his ideas and insights on his Clusterfuck Nation blog, which has fresh content on Mondays and Fridays, and his monthly podcast, the KunstlerCast.
On this episode of The Wiggin Sessions James Kunstler joins me to discuss how the increase in population and a broken energy business model led to the current deindustrialization of Western Civilization.
We discuss the real reason for the auto industry's demise, the weightiest issues in the upcoming midterms, and why we're all living with a persistent anxious hum, that's getting harder to ignore.
Listen in to understand why the most significant challenge we face is determining how we will adapt so we can continue to inhabit our planet.
Key Takeaways
James walks us through the planet's warming through the different periods of the last 2000 years.
How Germany's decision to go green has tanked their economy and turned them medieval
How Techno-narcissism fails to understand history or the consequences of its actions
The capital-intensive reason we must stop doing agribusiness on the current industrial scale
The real reason the future of the automobile is in danger of demise
Why identifying how we are going to inhabit the landscape is the critical question we need to answer NOW
Why early adaptors are the ones who recognize times of change and discover ways to adapt
Why the disconnect between our leadership's responsibility and what's actually happening causing mass formation psychosis
How the epic failure of the current administration is giving James hints of the Jacobin phase of the French Revolution
How the increase in population and a broken energy business model led to the current deindustrialization of Western Civilization
Which will hold more weight in the upcoming midterms: kitchen table issues or green economy social issues
How economics is mitigating techno narcissism with the decline of skyscrapers
Where you can find James' paintings of the human imprint on the traditional landscape
Connect with James Howard Kunstler James Howard Kunstler
Clusterfuck Nation
KunstlerCast
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Living in the Long Emergency
World Made by Hand: A Novel
The Long Emergency
Byron King—The Danger in Weaponizing the US Dollar EP48
The Psychology of Totalitarianism by Mattias Desmet
Share the Wiggin Sessions on Apple Podcasts
For hundreds of years, we have thought of scarcity as an economic principle and assumed that population growth leads to a lack of resources.
But what happens when you test this theory?
According to Gale Pooley, when you look at the data, you discover that we actually live in a world of superabundance!
Gale is Professor of Business Management at Brigham Young University—Hawaii and coauthor of the new book, Superabundance: The Story of Population Growth, Innovation and Human Flourishing on an Infinitely Bountiful Planet.
On this episode of The Wiggin Sessions, Gale joins me make the distinction between abundance and superabundance and explain why scarcity is a flawed way to measure human capacity.
Gale discusses why time price is a better way to measure commodities or productivity than money itself and describes how nearly all commodities have fallen in time price by 90% since 1850.
Listen in to understand why economic growth and resource management are infinite and learn how the theory of superabundance holds up—even during a meltdown in the stock market or period of historic inflation.
Key Takeaways
How Gale defines abundance and what differentiates abundance from superabundance
The bet between Paul Ehrlich and Julian Simon re: resource scarcity
Gale’s relationships with economics and business professor Julian Simon and tech guru George Gilder
How Gale uses the concept of time price to factor inflation and economic crises into his research
Why we see big decreases in the time price of commodities over time (and why it’s a better tool of measurement than money)
How the theory of superabundance holds up during a meltdown in the stock market or a period of historic inflation
What makes long-term market trends more important than short-term fluctuations
How nearly all commodities have fallen in time price by 90% since 1850
Gale’s idea of adding knowledge to atoms to create infinite abundance
Why Gale sees the ideology of scarcity as the deadliest virus we suffer from on this planet
Where the idea of scarcity in economics came from and why population growth actually leads to more abundance
Connect with Gale Pooley Gale on Substack
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5 Minute Forecast
Superabundance: The Story of Population Growth, Innovation and Human Flourishing on an Infinitely Bountiful Planet by Gale Pooley and Marian L. Tupy
Julian Simon
‘The Simon Abundance Index: A New Way to Measure Availability of Resources’ by Gale Pooley and Marian L. Tupy
Cato Institute
George Gilder on The Wiggin Sessions EP011
George Gilder on The Wiggin Sessions EP018
Gilder’s Daily Prophecy
World Bank Commodity Markets
Paul Ehrlich
Agora Financial
Jimmy Soni on The Wiggin Sessions EP055
Jordan Peterson
Daily Stoic Email Newsletter
Books by George Gilder
Natural gas is obviously an important component to heating homes in Germany and throughout Europe this winter. But on September 26, 2022, the Russian Nord Stream pipeline was sabotaged.
So, what happened, exactly? And how will the Nord Stream disruption impact energy markets around the world?
Mark Rosanno is a financial industry veteran with expertise in global financial markets and the supply chain. He is also Founder and CEO of C6 Capital Holdings, a firm that provides investment and consulting services with a focus on global product flows.
On this episode of The Wiggin Sessions, Mark joins me to discuss what the Nord Stream sabotage means for Europe as the frigid winter months set in and explain why the US can’t replace the LNG capacity lost by the Russian pipelines.
Mark describes why energy prices in the US are likely to rise in the coming months and how the Jones Act of 1920 hinders energy flow in America today.
Listen in for insight around the problem with green energy policy and learn how to turn the approaching crisis into opportunity by investing in energy markets.
Key Takeaways
The sabotage of the Russian Nord Stream pipeline that supplies Europe with natural gas and who might be responsible for the attack
What the Nord Stream sabotage means for Europe as the frigid winter months set in
The process of shipping and storing liquid natural gas and why the US can’t replace the capacity lost by the Nord Stream pipelines
How the sabotage of the Nord Stream pipelines might impact Americans
Why energy prices in the US are likely to remain elevated in the coming months
Why Senator Manchin’s Mountain Valley Pipeline deal was stripped from the climate bill
How green energy policy is disconnected from the practicalities of providing a safe, effective energy supply
Why the Jones Act was passed in 1920 and how it affects energy flow in the US today
Why Mark predicts rolling brownouts should we experience a massive cold spell this winter
Mark’s advice for investors on putting money in LNG facilities, tankers, E&P producers and pipelines
How Mark thinks about the current challenges with hydroelectric power (e.g.: Lake Mead)
Connect with Mark Rosanno Primary Vision Network on YouTube
Mark on Twitter
Email mrosanno@c6capitalholdings.com
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5 Minute Forecast
Mark’s Free Energy Report
Nord Stream Attack
Mark on The Wiggin Sessions EP057
The Jones Act
Kinder Morgan
Henry Hub
Senator Manchin’s Mountain Valley Pass Deal
COP26
Cheniere
New Fortress Energy
Golar LNG
Southwestern Energy
Range Resources
NVIDIA
Hydropower on Lake Mead
We now have historically high inflation. With the increased price of both food and fuel, people are having difficulty financing the things they need just to live their basic lives.
So, of course, the Fed has stepped up with repeated interest rate hikes. But all that has done is crush growth and create the worst-case scenario for the economy while driving us into an energy market disaster coming as soon as this winter.
So, what does the Fed need to do NOW? And when will things get worse?
Ph.D. Author Nomi Prins is a Wall Street insider and a leading authority on how the widespread impact of financial systems continues to impact our daily lives. She is the author of the best-seller, Collusion: How Central Bankers Rigged the World, in which she examines how the 2007-2008 financial crisis triggered a massive shift in the global order and the soon-to-be-released Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever.
On this episode of The Wiggin Sessions, Nomi joins me to discuss the Fed's inability to regulate the economy and her prediction of a watershed moment coming up this winter that will create a massive energy crisis.
Listen in to understand how Nomi's revenge on Wall Street is helping individual investors like us survive and thrive in the next crisis.
Key Takeaways
What is the Great Distortion between the financial markets and the economy
Why the energy crisis is back
Nomi walks us through her definition of Enron 2.0
How cheap money is contributing to inflation, fraud, and the coming disaster in the energy markets
How the Fed's two-prong approach to fighting inflation and the crisis in the real economy is just making things worse
Why the amount of debt we need to run the economy has doubled since the 2008 financial crisis
The Fed's role in inflating debt
Comparing Japan's debt crisis to where the US is right now
How the political 'flipping of the switch in the fossil fuel markets has created a gaping hole in energy and made everything worse
Why the energy crisis combined with the forcing of the energy transition and the Fed's incompetence is going to create a watershed moment (possibly this winter)
How investors can turn the energy crisis into an opportunity
Connect with Nomi Prins Nomi Prins
Nomi on LinkedIn
Nomi on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Rogue Economics
Distortion Insider
Nomi Prins—The Financial Distortion Between the Markets and the Real Economy EP58
"We do not just benefit from using and partaking of our humanity. We have a certain kind of divine and natural entitlement to employing our complement for the betterment of our human flourishing in a way that is consistent with the nature of our existence…"— James Poulos
The present-day power of digital communications technology is changing everything from politics to our identity in the most fundamental ways, compelling us to leave our humanity behind.
So, what can we do to turn this around and save the rights that we still have left?
James Poulos is the Executive Editor of The American Mind, the Claremont Institute's online publication devoted to driving the conversation about the ideas and principles that drive American political life. His most recent book, HUMAN, FOREVER The Digital Politics of Spiritual War, shows how the swarm of programs and devices unleashed by our leaders has transformed our lives and defied our dreams, throwing the future into a terrifying doubt.
On this episode of The Wiggin Sessions, James joins me to walk us through how the unscrupulous digital age and the drive towards socialization are attempting to destroy not just Western culture but also the very tenants of our humanity.
But there is hope. James says, "If enough of us kind of remember who we are, put one foot in front of the other, find each other and do what Americans have always done, which is associate freely and build institutions that work under the circumstances, I think we're going to be okay."
Listen in to understand why James thinks the time is NOW for Americans 'to take control and use these digital foundations to sidestep broken systems and create new institutions that serve us, rather than the other way around.'
Key Takeaways
Why the intersection of AI, social media, and digital communications is powerful enough to change the fabric of our very culture
James walks us through how the new media landscape is changing how we view everything from politics to ourselves
James defines what he refers to as 'surplus elites'
How the revolving door between the government and the Fed's overprinting of money is devaluing what's left of our constitutional rights
Why it's vital to prepare our children for the normal rites of passage and embed in them that being human is GOOD
How questions that can only be answered through theology are ushering in a return to religious sensibility in the US and abroad
James shares why it’s our ‘patriotic duty’ to take active responsibility for managing our digital lives in the fight for the future of not just America but humanity as we know it
How we can 'use digital foundations to sidestep broken systems and create new institutions that serve us, rather than making us serve them"
Connect with James Poulos James on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources HUMAN, FOREVER The Digital Politics of Spiritual War
The American Mind
Claremont Institute
"Civilization arises from the bottom; it doesn't come down from the top. When the government gets into the picture, civilization goes backward." — Bill Bonner
A small group of elites with very different interests from the mass population decides what the government will do.
And now, those elites have set their sights on regulating the 'very thing that makes it possible for 8 billion people to live on planet Earth'—energy.
The fallout could be the very thing that ends the American empire.
So, what can we do?
Bill Bonner is an American author of books and articles on economic and financial subjects. He is the founder of Agora Financial and a co-founder of Bonner & Partners publishing. He's the author of Financial Reckoning Day, A Modest Theory Of Civilization: Win-Win Or Lose, and many more titles, including a new (yet to be titles) book to be released this fall.
On this episode of The Wiggin Sessions, Bill joins me to share his insight on the cornerstone that civilizations are built on and why the current economic situation in the US is bigger than macroeconomics.
Bill shares how more legislation always leads to across-the-board losses and how power always corrupts (and destroys) successful empires.
Listen in to understand why Bill thinks we're on the verge of a major agricultural and energy crisis catastrophe and how to protect yourself and your family during these times of high calamity.
Key Takeaways
Bill shares the critical date in history that is the cornerstone of civilization
Why over legislation make everyone poorer
Bill shares how the period we're in right now is being misinterpreted in the market
The only thing the FED can do to control inflation
Why the economic situation we are in now is bigger than macroeconomics.
How "fashionable" changes have created an economy that no longer works
Why the elites have a parasitic interest in controlling society
Who is really winning with the sweeping climate bill (hint: it isn't the trees)
How the high cost of regulations has depleted the US economy
Why Bill thinks the decisions made by government bureaucrats will lead to a major agricultural and energy crisis catastrophe
The most important thing to do during times of high calamity
Connect with Bill Bonner Bonner Private Research
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Agora Financial
A Modest Theory Of Civilization: Win-Win Or Lose
The New Empire of Debt: The Rise and Fall of an Epic Financial Bubble
Bill Bonner—Safe Havens and A Modest Theory of Civilization - EP02
Byron King—The Danger in Weaponizing the US Dollar EP48
"Civilization arises from the bottom; it doesn't come down from the top. When the government gets into the picture, civilization goes backward." — Bill Bonner
A small group of elites with very different interests from the mass population decides what the government will do.
And now, those elites have set their sights on regulating the 'very thing that makes it possible for 8 billion people to live on planet Earth'—energy.
The fallout could be the very thing that ends the American empire.
So, what can we do?
Bill Bonner is an American author of books and articles on economic and financial subjects. He is the founder of Agora Financial and a co-founder of Bonner & Partners publishing. He's the author of Financial Reckoning Day, A Modest Theory Of Civilization: Win-Win Or Lose, and many more titles, including a new (yet to be titles) book to be released this fall.
On this episode of The Wiggin Sessions, Bill joins me to share his insight on the cornerstone that civilizations are built on and why the current economic situation in the US is bigger than macroeconomics.
Bill shares how more legislation always leads to across-the-board losses and how power always corrupts (and destroys) successful empires.
Listen in to understand why Bill thinks we're on the verge of a major agricultural and energy crisis catastrophe and how to protect yourself and your family during these times of high calamity.
Key Takeaways
Bill shares the critical date in history that is the cornerstone of civilization
Why over legislation make everyone poorer
Bill shares how the period we're in right now is being misinterpreted in the market
The only thing the FED can do to control inflation
Why the economic situation we are in now is bigger than macroeconomics.
How "fashionable" changes have created an economy that no longer works
Why the elites have a parasitic interest in controlling society
Who is really winning with the sweeping climate bill (hint: it isn't the trees)
How the high cost of regulations has depleted the US economy
Why Bill thinks the decisions made by government bureaucrats will lead to a major agricultural and energy crisis catastrophe
The most important thing to do during times of high calamity
Connect with Bill Bonner Bonner Private Research
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Agora Financial
A Modest Theory Of Civilization: Win-Win Or Lose
The New Empire of Debt: The Rise and Fall of an Epic Financial Bubble
Bill Bonner—Safe Havens and A Modest Theory of Civilization - EP02
Byron King—The Danger in Weaponizing the US Dollar EP48
In the US, we have budget deficits, trade deficits, high debt to GDP ratios, and out-of-control spending coupled with political dysfunction and a borderline civil war.
Everything is bad.
So, why is the dollar still so strong?
Jim Rickards is an American investment banker, lawyer, economist, op-ed contributor, and author. His books include, The New Great Depression: Winners and Losers in a Post-Pandemic World, Currency Wars: The Making of the Next Global Crisis, The Death of Money: The Coming Collapse of the International Monetary System, and now available for pre-order, Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.
Today on The Wiggin Sessions, Jim joins me for Part 2 of our conversation. We discuss the difference between a recession and a depression and where the US is headed.
He'll walk us through the two types of inflation and why the Fed's interest rate increases will only serve to deepen our recession pain.
We discuss the key to the US dollar's strength and the signs he's seeing that indicate we're headed for a global liquidity crisis.
Plus, he shares a new product to help individual investors understand how markets work to improve their investment strategies.
Key Takeaways
Jim walks us through the difference between a recession and a depression
How the private National Bureau of Economic Research uses the two-quarter declining GDP rule to declare a recession
Why growth below trend is the mitigating factor for a depression
Why Jim thinks the trend of depressed growth and lost wealth has had us in a depression since 2007
Why the printing of money is not what's causing our inflation
Why the dollar looks like a safe haven when everything else is falling apart in inflationary periods
Why securities collateral is the key to the dollar's structure and strength
Why 'credit wariness' is the first sign of a global liquidity crisis
How the power of the dollar could cause banks to miss a collateral call (sending us back to 2008 or worse)
The difference between demand-pull and cost-push inflation
The two things that are always true in a 'supply shock' cost-push inflation situation
Why demand-pull inflation is almost always phycological
How high prices decrease demand and lower prices
Why the Fed's current demand-destroying policies will deepen our recession (and cause unemployment to go through the roof)
Connect with Jim Rickards Paradigm Press
Jim on Twitter
Jim on Facebook
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Jim Rickards’ Countdown To Crisis
Jim Rickards’ Strategic Intelligence
Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy
The Death of Money: The Coming Collapse of the International Monetary System
Jim Rickards-Democracy, Cryptocurrencies, and Global Control-EP40
Jim Rickards – Insider Reveals Predictions and Opinions About The Great Reset, Global Elite, And The Potential Coming Chaos - EP17
In the US, we have budget deficits, trade deficits, high debt to GDP ratios, and out-of-control spending coupled with political dysfunction and a borderline civil war.
Everything is bad.
So, why is the dollar still so strong?
Jim Rickards is an American investment banker, lawyer, economist, op-ed contributor, and author. His books include, The New Great Depression: Winners and Losers in a Post-Pandemic World, Currency Wars: The Making of the Next Global Crisis, The Death of Money: The Coming Collapse of the International Monetary System, and now available for pre-order, Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.
Today on The Wiggin Sessions, Jim joins me for Part 2 of our conversation. We discuss the difference between a recession and a depression and where the US is headed.
He'll walk us through the two types of inflation and why the Fed's interest rate increases will only serve to deepen our recession pain.
We discuss the key to the US dollar's strength and the signs he's seeing that indicate we're headed for a global liquidity crisis.
Plus, he shares a new product to help individual investors understand how markets work to improve their investment strategies.
Key Takeaways
Jim walks us through the difference between a recession and a depression
How the private National Bureau of Economic Research uses the two-quarter declining GDP rule to declare a recession
Why growth below trend is the mitigating factor for a depression
Why Jim thinks the trend of depressed growth and lost wealth has had us in a depression since 2007
Why the printing of money is not what's causing our inflation
Why the dollar looks like a safe haven when everything else is falling apart in inflationary periods
Why securities collateral is the key to the dollar's structure and strength
Why 'credit wariness' is the first sign of a global liquidity crisis
How the power of the dollar could cause banks to miss a collateral call (sending us back to 2008 or worse)
The difference between demand-pull and cost-push inflation
The two things that are always true in a 'supply shock' cost-push inflation situation
Why demand-pull inflation is almost always phycological
How high prices decrease demand and lower prices
Why the Fed's current demand-destroying policies will deepen our recession (and cause unemployment to go through the roof)
Connect with Jim Rickards Paradigm Press
Jim on Twitter
Jim on Facebook
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Jim Rickards’ Countdown To Crisis
Jim Rickards’ Strategic Intelligence
Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy
The Death of Money: The Coming Collapse of the International Monetary System
Jim Rickards-Democracy, Cryptocurrencies, and Global Control-EP40
Jim Rickards – Insider Reveals Predictions and Opinions About The Great Reset, Global Elite, And The Potential Coming Chaos - EP17
In the 30s, scholars and policymakers concluded that the Versailles Treaty that ended World War I was one of the prevalent causes of World War II.
Before World War II was over, U.S. President Franklin D. Roosevelt and British Prime Minister Winston Churchill were looking past the war to focus on establishing an international monetary system.
Still, today there are a lot of misconceptions, even among people who follow monetary history, about how the exchange theory system worked.
Jim Rickards is an American investment banker, lawyer, economist, op-ed contributor, and author. His books include, Currency Wars: The Making of the Next Global Crisis, The Death of Money: The Coming Collapse of the International Monetary System,and now available for pre-order, Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.
Jim joins me on this episode of The Wiggin Sessions to share his knowledge about pre and post war currency standards, the Bretton Woods system, and why the US dollar was pegged as the international currency. Plus, what happened to end the gold standard in 1971.
Join me for Part 2 of my conversation with Jim for a look at the difference between a recession, a depression, and a financial crisis and why the US dollar rallies during inflationary periods (like the one we are in now.)
Key Takeaways
Jim shares the background and the forty-four nations that met at the Mount Washington Hotel to participate in the Bretton Woods Conference.
Why the US dollar was pegged as the international currency
A look at the 3 Bretton Woods institutions: the IMF, the World Bank, and the World Trade Organization that still operate today
How trade deficits led to a run on Fort Knox and the depletion of the US gold stores
How the Smithsonian Agreement devalued the US Dollar
Connect with Jim Rickards Paradigm Press
Jim on Twitter
Jim on Facebook
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy
The Death of Money: The Coming Collapse of the International Monetary System
Bretton Woods Conference
Jim Rickards-Democracy, Cryptocurrencies, and Global Control-EP40
Jim Rickards – Insider Reveals Predictions and Opinions About The Great Reset, Global Elite, And The Potential Coming Chaos - EP17
In the 30s, scholars and policymakers concluded that the Versailles Treaty that ended World War I was one of the prevalent causes of World War II.
Before World War II was over, U.S. President Franklin D. Roosevelt and British Prime Minister Winston Churchill were looking past the war to focus on establishing an international monetary system.
Still, today there are a lot of misconceptions, even among people who follow monetary history, about how the exchange theory system worked.
Jim Rickards is an American investment banker, lawyer, economist, op-ed contributor, and author. His books include, Currency Wars: The Making of the Next Global Crisis, The Death of Money: The Coming Collapse of the International Monetary System,and now available for pre-order, Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.
Jim joins me on this episode of The Wiggin Sessions to share his knowledge about pre and post war currency standards, the Bretton Woods system, and why the US dollar was pegged as the international currency. Plus, what happened to end the gold standard in 1971.
Join me for Part 2 of my conversation with Jim for a look at the difference between a recession, a depression, and a financial crisis and why the US dollar rallies during inflationary periods (like the one we are in now.)
Key Takeaways
Jim shares the background and the forty-four nations that met at the Mount Washington Hotel to participate in the Bretton Woods Conference.
Why the US dollar was pegged as the international currency
A look at the 3 Bretton Woods institutions: the IMF, the World Bank, and the World Trade Organization that still operate today
How trade deficits led to a run on Fort Knox and the depletion of the US gold stores
How the Smithsonian Agreement devalued the US Dollar
Connect with Jim Rickards Paradigm Press
Jim on Twitter
Jim on Facebook
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy
The Death of Money: The Coming Collapse of the International Monetary System
Bretton Woods Conference
Jim Rickards-Democracy, Cryptocurrencies, and Global Control-EP40
Jim Rickards – Insider Reveals Predictions and Opinions About The Great Reset, Global Elite, And The Potential Coming Chaos - EP17
The Communist Manifesto was published in 1848 and has served as a guide for those who want to centralize and control others for years.
But it's time to change the script on this old and destructive ideology.
Mark Moss and Aleks Svetski are doing just that with their new book, The UnCommunist Manifesto: A Message of Hope, Responsibility and Liberty for All.
On this episode of The Wiggin Sessions, Mark and Aleks join me to discuss their inspiration for writing The UnCommunist Manifesto, describing how Marxism justifies entropy and entitlement and what may have influenced Marx’s worldview.
Mark and Aleks explain why capitalism must be stripped from politics entirely and offer insight around money as a communication of value.
Listen in to understand why Bitcoin is such an important, world-changing innovation (despite its volatility) and learn how we can promote a system of dynamic inequality that holds people accountable for the decisions they make.
Key Takeaways
What inspired Mark & Aleks to write The UnCommunist Manifesto
How Marx defined communism and the 10 principles of Marxism
Stasis vs. dynamism and what makes capitalism a dynamist process
Why capitalism must be stripped from politics
How Marx and Adam Smith drew opposite conclusions (despite having a similar training)
How Marxism offers an academic justification for entropy and entitlement
The disconnect between Marx’s ideas of political freedom and economic control
How politics is a way to determine how to operate economically
The idea of dynamic inequality and why it’s essential for people to move both up and down through the classes based on their decisions (not just up)
How Mark and Aleks define money as a communication of value
What makes Bitcoin such an important, world-changing innovation
Alek’s insight on the volatility of Bitcoin and its pricing in dollars
Connect with Mark Moss & Aleks Svetski UnCommunist
Charts from The UnCommunist Manifesto
The UnCommunist Manifesto: A Message of Hope, Responsibility and Liberty for All by Mark Moss and Aleksander Svetski
Mark on YouTube
Aleks on Medium
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5 Minute Forecast
The Communist Manifesto by Karl Marx and Friedrich Engels
Jordan Peterson
Lenin’s Commanding Heights of the Economy
Austrian Economics
Biden’s $80B Funding Boost for the IRS
What Is Money Podcast
Human Action: A Treatise on Economics by Ludwig Von Mises
Do you want oceanfront property, but the prices at the coasts here in the US make it out of reach?
Post-Pandemic, there is a mass exodus from the big cities. People are fleeing their cubicles in search of a digital nomad lifestyle and new places to call home. And opening our eyes to an opportunity to expand our horizons—internationally, that is.
Whether you're a real estate investing pro or a novice, my guest has a solution.
Internationally, real estate developers need cash, and the investments are ripe for those willing to take a chance and invest in places that favorably compare with the most expensive destinations in the US, all with a lower price sticker.
Ronan McMahon is a global real estate scout, best-selling author on Amazon, and editor of Real Estate Trend Alert (RETA). He's spent the past 15 years scouting out properties for his subscribers in such locals as Latin America, Costa Rica, and Portugal, where prices are affordable, and the views are million dollar. Ronan has appeared in such publications as Forbes, The New York Times, and International Trend Alert.
Ronan joins me on this episode of The Wiggin Sessions to share why NOW is the best time to invest in real estate internationally, even while US interest rates are going through the roof.
Listen in as he shares his top pick destinations and deals on unique properties you can get through RETA at lower prices than going through the retail market. Plus, where he's currently spending his real estate investment money.
Key Takeaways
Ronan shares how he founded Real Estate Trend Alert in 2008 when everyone else was losing their shirt
How to live in the most beautiful places in the world at a fraction of the US cost
An inside look at what's driving the international real estate market
The lifestyle decision investment that paid Ronan huge financial dividends
Why Ronan focuses on using group buying power to enjoy capital appreciation
How the current global market compares to what happened in South Florida in the 70s and the 80s
Why long-term yields of 15% for international blue chip real estate are so attractive (compared to the higher taxed US 4%)
Why Ronan believes the fragile moment we're in will further accelerate international real estate trends
Ronan shares how the current era of scarcity is restricting the international real estate supply
Ronan takes us through some hacks that allow him to parlay his group buying power into below-market deals
He shares examples of opportunities in a Costa Rica Blue chip destination (luxury condos for less than 4M)
Ronan shares what the international buying experience is like for the consumer or investor
How interest rates are increasing demand for limited supply international deals
Why smart developers and savvy land buyers love Ronan's low-risk business model
Ronan walks us through the 250K increase on his Cabo San Lucas investment property (and the outrageous rent he makes when he’s not using it)
How member buying power changes the financial equation through de-risking real estate projects
The enormous benefits for individuals investing internationally rather than in US coastal areas
How Ronan uses his negotiating power to get his readers prices on real estate unavailable to the individual
Ronan shares his current favorite investment location where demand is growing (but you can still get in at ground floor pricing)
Ronan shares the 2 biggest reasons why NOW is the time to get into international real estate
Connect with Ronan McMahon Ronan McMahon
Ronan on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Try Real Estate Trend Alert for 90 Days, 100% Risk-Free
Ronan McMahon—Investment Opportunities in Real Estate Around the World EP22
Ronan McMahon—Millennials! The World Is Your Beach EP05
PROFIT PRINCIPLE: AN INSIDER'S GUIDE TO DOUBLING YOUR MONEY IN REAL ESTATE OVERSEAS
"A bear market and a recession… are very different. We're in a bear market right now. As an investor, you can make a difference with your overall wealth by understanding what areas vulnerable and what areas can profit as these new changes take place in our economy."—Zach Scheidt
Bear markets are challenging to work through, but they can create much more wealth if you know how to deal with them.
Zach Scheidt has a solid history of identifying oversized payout opportunities. He is the editor of a library of investment advisories, including Rich Retirement Letter and Lifetime Income Report, and the author of Big Book of Income. A former hedge fund manager, the growth of his own family, sparked him to change his career and invest in his passion for helping families grow their wealth so they can focus on the things that really matter.
Zach joins me on this episode of The Wiggin Sessions to share his pillars of successful income investing, so you always have cash coming into your account during this time when extra funds are needed to deal with the recession.
Listen in as he shares his top investment strategies for investing right now so you can generate extra income from the market and grow your wealth as we exit this economic slump.
Key Takeaways
Zach shares what happens to blue chip dividend stocks in the face of a recession during a bear market
He shares why understanding the overall economy is the key to making the right moves in your investments to increase your wealth
How bear market rallies impact dividend stocks
Why human nature is the driving force during bear market rallies
The false signals in speculative stocks that can lead to big money losses
Why the strength of the US dollar is debilitating profits for US companies doing business internationally
Why investors should focus on American-made and sold products
Why net interest income (NII) makes healthy regional banks like SunTrust so appealing right now
How retailers like Walmart and Target botched first two quarters of the year are leading to big payoffs for deep discount stores like TJ Maxx and Dollar General
Connect with Zach Scheidt
Zach Scheidt
Zach on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Big Book of Incom
Rich Retirement Letter
Lifetime Income Report: Your Exclusive Dividend Retirement Guide
Your Guide to New SEC Rules
It’s a Bargain Buy (and You’ll Hate It!) on The 5 Min. Forecast
"We live in a flawed democracy that's under assault by people who are warping our democracy for their own ends… [taking] from us things that are pretty basic to living in a society, like health care, education, and the prospect that you can make a decent living."—Peter S. Goodman
Why is the US government unable to afford the basics, like health care and education, that other developed countries can?
Is it because it's starved of resources because we don't tax the rich?
My guest thinks so.
Peter S. Goodman is an award-winning global economics correspondent for The New York Times. He began his work there in 2007 as a national economics correspondent covering the global financial crisis and the Great Recession. He's the author of Past Due: The End of Easy Money and the Renewal of the American Economy and the newly released, Davos Man: How the Billionaires Devoured the World.
Peter joins me on this episode of The Wiggin Sessions to discuss his book and his belief that campaign contributions and lobbying by the wealthiest people in the world led to the dismantling of every conceivable kind of public infrastructure in this country.
Peter says, "My book, actually, doesn't demonize billionaires. It demonizes the absurd idea that we should entrust billionaires to solve all of our problems."
Listen in as Peter shares the three things he believes are the key to solving many of our problems.
Key Takeaways
How Peter came to see that the removal of economic opportunities caused by the transfer of wealth led to these extremist populist movements
Peter shares how he came to see into the window of the thinking of the billionaire class
What the statement "the CEOs are the heroes of the pandemic" revealed about the power of the billionaire class
Why Peter thinks we need to return to a post-WWII democracy, where people had more input into the type of lives they wanted
Why Peter believes that billionaires paying fewer taxes than the people who scrub their toilets is robbing the government of the money needed to upgrade our resources
Why the US cannot afford the things that other developed countries where they tax rich people can
Peter shares why he believes more substantial labor rights, more vigorous anti-trust enforcement, and progressive taxation are the key to solving a lot of our problems
Connect with Peter S. Goodman Peter S. Goodman
Peter S. Goodman on The New York Times
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Davos Man: How the Billionaires Devoured the World
Past Due: The End of Easy Money and the Renewal of the American Economy
Jim Rickards - Democracy, Cryptocurrencies, and Global Control EP40
Share the Wiggin Sessions on Apple Podcasts
"If you look at the Wilshire 5000, they've lost more value… in the last three months than in the last 30 years of corrections combined. 45% of the companies in the S&P 500 have hit 52-week lows. Only one time in the history of America has the 235-year-old 10-year Treasury had a worse session. When you add up these indicators, 100% of the time, you're in a recession within 12 months.… but don't underestimate the strength that America has today." — Marin Katusa
Even with high employment rates, we have a recession and inflation above what was expected. Here in the United States, it's no doubt we're witnessing a severe market decline.
But my guest today, who is often called a genius by investors I respect, says, "there are problems everywhere globally, but as an investor, never underestimate the rule of law and the US to maintain a viable government."
Marin Katusa of Katusa Research has spent the past 20 years traveling and investing in oil, gas, and alternative energy, becoming the go-to resource for the world's top natural resource entrepreneurs and investors. When you look at his track record, it's easy to see why. Marin is the New York Times Bestselling Author of The Colder War: How the Global Energy Trade Slipped from America's Grasp and the recently released Amazon Best Seller, The Rise of America: Remaking the World Order.
Marin joins me on this episode of The Wiggin Sessions to discuss what happens in a recession, why the US dollar rises when other currencies go down, and why he thinks America will be leading the way in the remaking of the world order.
Listen in as Marin shares his tips on the wrong way to invest and his insight into how to do your homework, reduce your risk, upgrade your portfolio, and make your fortune during this recessionary market. Plus, he shares his 'invest like an alligator' philosophy that can help you evolve and survive during a recession.
Key Takeaways
Marin shares the thesis of his book, The Rise of America: Remaking the World Order
The #1 place to position yourself to take advantage of the strength of America
The domino effect caused by the rate of exchange and the primary currency
The fundamental difference between investing in the American dream and investing anywhere else
Why Marin keeps most of his investments in the US
Why copper is the new oil
Marin shares why the American can-do attitude always pays dividends in the long run
Why Utah is primed to be the highest producing goldmine in the world
Why adding technology to an existing market is the secret to getting a grand slam in the investment world
Why the politically driven German energy crisis is critical for all of Europe
The supply issue that's depleting the hope of nuclear energy
Why Warren Buffett and the other most successful investors in the world buy in the echo
Why it's vital to keep your dollars invested where "money is respected, and the rule of law is expected"
Why Marin believes the newsletter "new idea" investment strategy is the worst way to invest
Why, despite the media's lack of optimism, Marin still believes in the American dream
Marin shares his 'invest like an alligator' philosophy to survive a recession.
Where Marin thinks you should bet big in the post-bubble rally
Connect with Marin Katusa Katusa Research
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources The Colder War: How the Global Energy Trade Slipped from America's Grasp
The Rise of America: Remaking the World Order
The Psychology of Totalitarianism” by Mattias Desmet
Justin Huhn—Options for Investors in Uranium and Nuclear Energy EP60
Share the Wiggin Sessions on Apple Podcasts
The Economist has projected that rising waters will displace hundreds of millions of people in this century.
Whether or not we agree, sea level rise is a phenomenon. We must prepare for a different future, or our grandkids will be in trouble.
But how? And how will the rising sea level affect your property values?
My guest has been studying the melting of the glaciers for over 20 years.
John Englander is an oceanographer, author, and international speaker on climate change and sea level rise (SLR). His expeditions to Greenland and Antarctica have given John a unique perspective on the danger we face from melting ice, climate change, and unstoppable sea level rise. His new book, Moving to Higher Ground: Rising Sea Level and the Path Forward, explores the forces driving sea level rise.
John joins me on this episode of The Wiggin Sessions to discuss what the melting of the glaciers means on both an environmental and economic level, including the sinking of entire countries, if something isn't done.
We discuss the evidence that shows how humanity's extraordinary technological advancements have broken us out of the cooling cycle, raised the planet's temperature, and changed the atmosphere, leading to the possibility that 30 nations could be completely underwater in the future.
Listen in as John shares his insight into the disturbing way both sides of the political spectrum are wrong on this issue. Plus, how the free market can address this global scientific crisis economically to keep the planet livable.
Key TakeawaysJohn shares his insight into how the world is going to look different in 10 or 20 years
Why flooding at the Naval Academy has increased in the last 40 years
How humans have broken us out of the cooling cycle and raised the temperature of the planet
How less than 12 inches of sea level rise will sink most of Vietnam
What happens if we do nothing to slow the raising the temperature of the oceans
Why even all the right environmental steps right now won’t mitigate the melting of the ice
The disturbing way both sides of the political spectrum are wrong on this issue
The growth and overplay of the ESG (environmental, social and governance) movement in corporate environments
What we can do economically about this global crisis to keep the planet livable
Connect with John Englander John Englander
Get in Touch with John
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Moving to Higher Ground: Rising Sea Level and the Path Forward
Miami’s Submarine Future in The Economist
How ESG Investing Came to a Reckoning in the Financial Times
Share the Wiggin Sessions on Apple Podcasts
The Economist has projected that rising waters will displace hundreds of millions of people in this century.
Whether or not we agree, sea level rise is a phenomenon. We must prepare for a different future, or our grandkids will be in trouble.
But how? And how will the rising sea level affect your property values?
My guest has been studying the melting of the glaciers for over 20 years.
John Englander is an oceanographer, author, and international speaker on climate change and sea level rise (SLR). His expeditions to Greenland and Antarctica have given John a unique perspective on the danger we face from melting ice, climate change, and unstoppable sea level rise. His new book, Moving to Higher Ground: Rising Sea Level and the Path Forward, explores the forces driving sea level rise.
John joins me on this episode of The Wiggin Sessions to discuss what the melting of the glaciers means on both an environmental and economic level, including the sinking of entire countries, if something isn't done.
We discuss the evidence that shows how humanity's extraordinary technological advancements have broken us out of the cooling cycle, raised the planet's temperature, and changed the atmosphere, leading to the possibility that 30 nations could be completely underwater in the future.
Listen in as John shares his insight into the disturbing way both sides of the political spectrum are wrong on this issue. Plus, how the free market can address this global scientific crisis economically to keep the planet livable.
Key TakeawaysJohn shares his insight into how the world is going to look different in 10 or 20 years
Why flooding at the Naval Academy has increased in the last 40 years
How humans have broken us out of the cooling cycle and raised the temperature of the planet
How less than 12 inches of sea level rise will sink most of Vietnam
What happens if we do nothing to slow the raising the temperature of the oceans
Why even all the right environmental steps right now won’t mitigate the melting of the ice
The disturbing way both sides of the political spectrum are wrong on this issue
The growth and overplay of the ESG (environmental, social and governance) movement in corporate environments
What we can do economically about this global crisis to keep the planet livable
Connect with John Englander John Englander
Get in Touch with John
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Moving to Higher Ground: Rising Sea Level and the Path Forward
Miami’s Submarine Future in The Economist
How ESG Investing Came to a Reckoning in the Financial Times
Share the Wiggin Sessions on Apple Podcasts
"Bureaucracies don't like unknowns." — Jeffrey Tucker
In March 2020, COVID-19 started its wildfire spread across America, ushering in lockdowns, mask mandates, social distancing, and the closure of everything from restaurants to churches. At the same time, the Fed's balance sheet blew up and people started having 'free' money flood their bank accounts.
By and large unelected officials made these decisions, opening the door for more loss of our liberties and more unified control over the states in the future.
Eighteen months later, we're left with mammoth grocery store and gasoline prices and inflation that is out of control, with rate hikes doing little to stop the runaway recession train.
It's pure chaos.
But the real question is, how will we get out of this? What will get us back on a growth path? And how do we take back our freedom before the United States of America is forever changed?
My guest has a few ideas.
Jeffrey Tucker is an author, speaker, and the Founder and President of the Brownstone Institute, a nonprofit 501(c)(3) organization. Founded in May 2021 the Brownstone Institute in on a mission to come to terms with what happened during the pandemic, understand why, and seek reforms to prevent a reoccurrence through accountability. His most recent book is "Liberty or Lockdown." He also writes a daily column on economics at The Epoch Times.
Jeffrey joins me on this episode of The Wiggin Sessions to walk us through why he created the Brownstone Institute and how they are researching the response to the pandemic and the after-effects of lockdowns to keep it from happening in the future.
Listen in as Jeffrey shares his thoughts on the power grab of legislative agencies that is fertilizing the growth of the government Leviathan and some tough love solutions to the economic struggles we're currently facing.
Key Takeaways
How Homeland security interpreted legislation to grab power and have complete control over ALL social media
Why the CDC vs. The Health Freedom Foundation case is so critical to limiting the power of executive agencies
Why legislative acts trampling our constitutional rights are fertilizing the growth of the government Leviathan
How the 2009 financial crisis caused institutions to reject the quantity theory of money and created a 'free money' institutional arrogance
How the early 80s friendliness to a spirit of enterprise combined with tax cuts helped us leave the 70s malaise behind
How the tech wreck influenced what is going on with blockchain and the crypto craze now
Why the dystopian concept of one form of crypto becoming THE international remittance could lead to complete government control over money
The #1 biggest concern about programmable money as the central bank currency and demonetization
Connect with Jeffrey TuckerBrownstone Institute
Jeffrey Tucker’s column in the Epoch Times
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Subscribe to the Brownstone Institute
Liberty or Lockdown
Recapturing the Spirit of Enterprise
Share the Wiggin Sessions on Apple Podcasts
What happens to you and me if our power grid goes out coast to coast and is out for an extended period?
Our country is currently experiencing major upheaval in many areas. We have the highest level of inflation in 40 years, skyrocketing prices at the pump, supply chain issues, and food shortages.
What else could go wrong?
Plenty, according to today’s guest.
David Tice has been an investor in energy. He founded the Prudent Bear Fund to give individual investors the chance to protect themselves against a declining stock market and currently serves as the president of the Tice capital fund. David is also the executive producer of the major motion picture "Soul Surfer." His most recent project is "Grid Down, Power Up," a documentary about the vulnerability of the nation's power grid and how he plans to rally the troops.
David joins me on this episode of The Wiggin Sessions to share how he went from executive producing the "Soul Surfer" feature film to becoming a defense hawk for the grid.
He shares insider information on the dichotomy between our dependence on and the complacency about the safety of our electrical grid.
From adversarial attacks to Mother Nature, we'll discuss the vulnerability, the threats, and the Armageddon-esque scenario in terms of loss of life and cost to the economy if the grid goes offline for an extended period.
Listen in to get all the details about "Grid Down, Power Up," the Hollywood elite involved in the project, and the quick keystroke, copy and paste way you can become a grid warrior and get involved in the choose power up, not grid down movement.
Key Takeaways
How David became a defense hawk for our nation's electrical grid
From Mother Nature to adversaries, the 4 key things that could take down our grid
The critical difference in loss of life between a grid interruption and a grid being down
The finger-pointing players involved (FERC, NERC, and Homeland Security) and who is responsible for improving and protecting the grid
Why protecting the grid needs to begin with advocacy at the local level
How we're vulnerable to the cutthroat approach of our adversaries' planning an attack
What the military has in place through zero ground blockers, relay stations, and more to help protect us from a cyber attack
The supply chain problem we face with permanently damaged transformers
How you can watch and share the film at "Grid Down, Power Up," beginning on August 1
How you become a part of the movement and can reach out to your local legislators with just a few keystrokes on the website
Connect with David TiceGrid Down, Power Up
David on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources
Share the Wiggin Sessions on Apple Podcasts
"Our economy is going to reorganize itself so severely, and in ways that will be unrecognizable to people who expect… Disney World, trucking, interstate highways, suburban commuting… all the things that are features of our life."— James Howard Kunstler
The world is rearranging how we do everything, from how we work to how we purchase things and transport them to how we heat and cool our homes. As my guest says, "we're living in a gigantic, epic, historic train wreck of economy, culture, politics, and expectations."
So how do we go on from here?
James Howard Kunstler is a prolific author, public speaker, blogger, podcaster, and painter. He's the author of "Living in the Long Emergency" about the "converging catastrophes of the 21st century." You can hear more of his ideas and insights on his Clusterfuck Nation blog, which has fresh content on Mondays and Fridays, and his monthly podcast, the KunstlerCast.
James joins me on this episode of The Wiggin Sessions to share his insight into the post-pandemic United States, the end of the techno-industrial age our parents grew up in, and what living in the long emergency means to us as a society.
He shares his insight into which areas of the country are headed for disaster and which places will be favorable to make a life in the coming reorganization. Plus, he predicts which industries will flourish and which will see the bottom fall out.
Listen in to understand why James says, "the dynamics of failure is underway, and we are going to be in the heart of this thing I call the long emergency," and why "the average person needs to think very clearly about where they're going to plant their flag."
Key Takeaways James' take on what living in the long emergency means to society as we know it
Why smaller, more agile companies are prime to survive the great reorganization
Why the population in places like Los Angeles and New York will face depletion
The #1 reason people will migrate from their homes to the inland waterway areas of America
Why James thinks suburbia the greatest misallocation of resources in the history of the world
James shares his insight into why we're seeing such a rapid decline in American influence
How the great financial crash of 2008 perpetuated the coming ‘great reckoning’
James offers his new theory of history
How the promotion of largely useless vaccines has led to mass formation psychosis
What the ferocious French Revolution has in common with what's going on in the left today
Why the dishonoring and disgracing in Ivy League institutions is the beginning of the collapse of higher education
James shares his insight into why we're becoming a broken nation without a common culture
Connect with James Howard KunstlerJames Howard Kunstler
Clusterfuck Nation
KunstlerCast
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources
Share the Wiggin Sessions on Apple Podcasts
"Living in the Long Emergency"
“The Psychology of Totalitarianism” by Mattias Desmet
"Our economy is going to reorganize itself so severely, and in ways that will be unrecognizable to people who expect… Disney World, trucking, interstate highways, suburban commuting… all the things that are features of our life."— James Howard Kunstler
The world is rearranging how we do everything, from how we work to how we purchase things and transport them to how we heat and cool our homes. As my guest says, "we're living in a gigantic, epic, historic train wreck of economy, culture, politics, and expectations."
So how do we go on from here?
James Howard Kunstler is a prolific author, public speaker, blogger, podcaster, and painter. He's the author of "Living in the Long Emergency" about the "converging catastrophes of the 21st century." You can hear more of his ideas and insights on his Clusterfuck Nation blog, which has fresh content on Mondays and Fridays, and his monthly podcast, the KunstlerCast.
James joins me on this episode of The Wiggin Sessions to share his insight into the post-pandemic United States, the end of the techno-industrial age our parents grew up in, and what living in the long emergency means to us as a society.
He shares his insight into which areas of the country are headed for disaster and which places will be favorable to make a life in the coming reorganization. Plus, he predicts which industries will flourish and which will see the bottom fall out.
Listen in to understand why James says, "the dynamics of failure is underway, and we are going to be in the heart of this thing I call the long emergency," and why "the average person needs to think very clearly about where they're going to plant their flag."
Key Takeaways James' take on what living in the long emergency means to society as we know it
Why smaller, more agile companies are prime to survive the great reorganization
Why the population in places like Los Angeles and New York will face depletion
The #1 reason people will migrate from their homes to the inland waterway areas of America
Why James thinks suburbia the greatest misallocation of resources in the history of the world
James shares his insight into why we're seeing such a rapid decline in American influence
How the great financial crash of 2008 perpetuated the coming ‘great reckoning’
James offers his new theory of history
How the promotion of largely useless vaccines has led to mass formation psychosis
What the ferocious French Revolution has in common with what's going on in the left today
Why the dishonoring and disgracing in Ivy League institutions is the beginning of the collapse of higher education
James shares his insight into why we're becoming a broken nation without a common culture
Connect with James Howard KunstlerJames Howard Kunstler
Clusterfuck Nation
KunstlerCast
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources
Share the Wiggin Sessions on Apple Podcasts
"Living in the Long Emergency"
“The Psychology of Totalitarianism” by Mattias Desmet
If you think the world will end because of carbon, you must do everything you can to decarbonize the electrical grid.
Environmentalists agree that clean energy nuclear power might be the best way for the U.S. to replace fossil fuels.
Nuclear is the safest form of energy ever conceived - but it’s been greatly maligned due to accidents at Chernobyl and the more recent Fukushima nuclear disaster. The development of small modular nuclear power plants has reduced the risk by making giant reactors obsolete, causing the once negative sentiment to shift to the positive, including for some invested in the Green New Deal.
So, what are the prospects for investors in nuclear energy?
Justin Huhn is an expert in the Uranium markets and investing in uranium and uranium stocks. He is passionate and committed to bringing information to those taking their first look at the uranium sector. Through his newsletters at Uranium Insider, Justin offers investors monthly news and analysis of selections in the Uranium space.
On this episode of The Wiggin Sessions, Justin joins me to share his insight into the resurgence of interest in the vital but tiny nuclear industry and the steps being taken by developers and investors such as Bill Gates and Elon Musk.
He shares how he evaluates a company based on technology development, mining, and uranium production. Plus, he predicts what will happen in the nuclear space over the next 5 years.
Listen in to understand why nuclear is vital to an electric future and how investors can get into this exciting space.
Key Takeaways
Why Justin founded uranium insider pro and became an advocate for nuclear technology
Justin’s take on why nuclear power is getting a new push in the U.S.
How Justin evaluates companies their technology and mining and production of uranium
How Germany is now in an energy tight spot because of their phasing out of nuclear energy
How the war with Ukraine is stifling the most significant player in the enrichment market
Why nuclear advocate Bill Gates is building a nuclear reactor in Wyoming
How Advanced Small Modular Reactors (SMRs) could help fight climate change without the risk
How California’s nuclear pivot might open the door to NuScale Power construction
The Silicon Valley investors who are investing in nuclear
The ‘big player’ risk that is keeping investors out of the nuclear space
Why Justin believes the opportunity in uranium and nuclear is huge for individual investors looking to increase their piles of money
Connect with Justin HuhnUranium Insider
Uranium Insider on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Uranium Insider on The Wiggin Sessions
Jimmy Soni—What Distinguishes the Billionaires from the Rest of Us? EP55
Steward Brand
NuScale Power
TerraPower
Share the Wiggin Sessions on Apple Podcasts
Currently, all signs indicate we're teetering into bear market territory, and uncertainty is at an unprecedented level for individual investors.
Wall Street is set up to take your money. But you must be in the market unless you want to only be in cash, right?
So how can you use insider datapoint information to predict where the different economic sectors are headed, and determine if the world's largest companies are doing well or not to hang onto more of your money?
Andrew Zatlin is a trained economist and top-ranked financial forecaster. Recently Andrew ranked #1 for Jobs Forecasting by Bloomberg, putting him ahead of analysts at J.P. Morgan and Bank of America. Through Moneyball Economics, he's created a system to leverage today's data to offer investors real-world trading help so they can knock it out of the park in any economy.
On this episode of The Wiggin Sessions, Andrew joins me to share his insight into how to break out of the old-world style of measuring the economy.
Andrew shares his 4 key datapoint indicators that will help you determine the big-picture health of a company prior to investing. He shares examples of how he's used the data to make money, the companies, and industries where he's done well, and some of his missteps.
Plus, why 'vice spending' analysis is the real barometer for consumer confidence and his prediction for when things take a turn for the worse.
Listen in to understand how to use Moneyball Economic data to take advantage of the great opportunities when the bear market bottoms.
Key Takeaways
How the benchmarks for insight into the economy have changed in a digital era
Why hiring is a CORE piece of the puzzle all investors should pay attention to
How to sniff out problems at a company long before they're made public
The 4 datapoint indicators to look at prior to investing in a company
The #1 thing to look for to determine if it's the right time to jump back into a previously sagging industry
How to keep from missing the real opportunities in the market by staying in sync with Wall Street
What economic factors trigger the hiring button in larger enterprises
Why predictability of business is causing both B2B and B2C companies to adopt the subscription model
How to determine if lower hiring is market or company specific
How Andrew uses vice and social spending as the true barometer for consumer confidence
Connect with Andrew Zatlin
Moneyball EconomicsAndrew on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources
"Crashflation" — A Profit Opportunity
Arch Resources
We've got war, we've got inflation. We've got food shortages and an impending recession.
Many of the things we read about in history books are all happening right now.
But what's really going on here?
Nomi Prins is a former banker at Goldman Sachs, a Wall Street insider, and a leading authority on how the widespread impact of financial systems continues to impact our daily lives through her decades of analyzing and investigating economic and financial events. She is the author of Collusion: How Central Bankers Rigged the World, in which she examines how the 2007-2008 financial crisis triggered a massive shift in the global order.
On this episode of The Wiggin Sessions, Nomi joins me to offer her perspective on what's happening in the inner workings of the Fed, the banks, the financial markets, and the general economy.
Listen in to understand what Nomi calls the great financial distortion and how the central banks rigged the world so that money is now replicating itself like a virus. Plus, Nomi shared what Wall Street doesn't want you to know about growing and protecting your wealth during the impending financial Armageddon.
Key Takeaways Nomi shares her insight on how larger institutions and investors pivot communication and money toward a crisis like the current energy shortage
What happened in the financial crisis of 2008 through quantitative easing
Why Wall Street and other financial players like us to stay in the cheap money
Nomi shares what's at the heart of what she calls distortion when money replicates itself.
Why the permanent distortion—the four and a half trillion-dollar book of assets accumulated during the pandemic—will never be undone
Why the Feds delayed, and off-kilter focus got us to where we are, and what needs to happen now
How does the slowdown in economic growth in other countries translate into what happens in the US
Which sectors will benefit from these games being played by the Fed and the banks
Why Nomi thinks you should stay the course with your 401k
Where can investors find opportunities now in this distortion cycle
Connect with Nomi Prins Nomi Prins
Nomi on LinkedIn
Nomi on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Distortion Insider
Nomi’s Distortion Report on Wiggin Sessions
Nomi Prins—The Consummate Wall Street Insider Exposing the Real Money Flow - EP08
Christopher Leonard—Are the Federal Reserve's Interest Rate Increases Too Little, Too Late? EP51
Food shortages are coming to the US, or are they?
At the G7 meeting last month, President Biden warned that food shortages are coming, but could we really experience a scarcity like we see in other countries here at home, and if so, how do we prepare?
Mark Rossano is a financial industry veteran and renowned expert on global financial markets and supply-chain analysis. As Founder and CEO of C6 Capital Holdings LLC, he provides investment and consulting services to clients across multiple sectors with a pronounced focus on global product flows.
On this episode of The Wiggin Sessions, Mark joins me to discuss the underlying factors that are at play that are causing the food shortages. We’ll look at climate change and the cumulative effects of bad infrastructure decisions. Plus, we’ll peek behind the curtain at what’s really happening with the accidents and fires at food production facilities.
Listen in to understand how to survive and thrive through the upcoming food supply shortages from the broken supply chains. Mark also offers us some ideas for the companies to invest in that are at the forefront of repairing supply chain issues as we rebuild the economy.
Key Takeaways Mark offers us a look at the supply chain and the natural path from the hydrocarbon from the wellhead to the end-user
How climate change is causing shortages and disruption in supply chains worldwide
Why food might be ‘the last straw’ that will bring about uprisings like the Peasants’ Revolt
How the droughts, shrinking yields, and geopolitical supply chain problems are knocking down almost 28% of the global wheat market
How the new 20s will be an amalgamation of the worst parts of the 30s and the 70s
How the food shortage here in the US will come down to putting aside our wants to focus on our needs
Mark offers his insight into how the US views a food shortage and what that means in the rest of the world
What comes to the surface when we have to struggle to pay for food
Why a stressed infrastructure combined with a labor shortage is a recipe for disaster
Why Mark thinks the lack of and poor solutions to the fragile ecosystem and the other crises are being caused by epic political stupidity across the board and not some more significant underlying theme
The key places to invest in right now while food shortages, and supply chain and energy issues are a big deal
Connect with Mark Rossano C6 Capital Holdings LLC
Mark on LinkedIn
Mark on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Peasants’ Revolt
Mark Rossano's Report on Investments During A Food Shortage
Byron King—The Danger in Weaponizing the US Dollar EP48
February 27, 2022 will probably go down as a major turning point in the global economic system.
That is the day that the Western countries levied the strongest sanctions against Russia after the invasion of Ukraine, pushing them away from using the dollar as their reserve currency and forcing other countries to also question the dollar.
So, what new monetary system are we moving towards? What role will the dollar play? And what about gold?
Matthew Piepenburg is the Commercial Director of Matterhorn Asset Management AG and the author of Rigged to Fail: Blunt-Spoken Investment Solutions for Unsuspecting Investors. A graduate of Brown (BA), Harvard (MA), and the University of Michigan (JD), he is the author of numerous international white papers on macro conditions, asset classes, and global risk management strategies at SignalsMatter.com.
On this episode of The Wiggin Sessions, Matt joins me to share his insight on the erosion of trust and confidence in the US dollar and why money created with a mouse click is a system that's rigged to fail.
Matt discusses how the economic war happening now is due to years and years of 'drunk driving' by the central banks, policymakers, the Fed, etc.
Listen in to understand why the changing out of the US dollar as the world reserve currency is inevitable. Matt will give his insight into the manipulation of the price of gold, what new monetary system we might be moving toward, and his advice on risk management for individual investors now.
Key Takeaways How Matt's experiences informed his views of policy, markets, currencies, and risk assets
Matt’s take on what the great reset is and why were basically in Bretton Woods 2.0
Matt's insight into a new monetary system and what role the US dollar and gold will play
Why pinning the need for another great reset on the war on COVID is disingenuous
Why Matt thinks the great reset will be very disorderly and preceded by more social unrest, political polarization, and wayward monetary policies
How countries like China and Russia are getting the last laugh in preparation for the great reset
What's happening in Switzerland
Matt shares his opinion of Bitcoin as the speculative asset of all times
Why it's time for an anchor in the monetary system
What Matt thinks is the most dangerous allocation investors are making with their IRAs and 401k's
3 places Matt recommends investing your money in right now
Connect with Matt Piepenburg Matt Piepenburg on LinkedIn
Matt Piepenburg at Signals Matter
Matterhorn Asset Management AG
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Rigged to Fail: Blunt-Spoken Investment Solutions for Unsuspecting Investors
Gold’s Prosecutors, Defenders & Bitcoin by Matthew Piepenburg on Goldbroker.com
The Lords of Easy Money: How the Federal Reserve Broke the American Economy
Christopher Leonard—Are the Federal Reserve's Interest Rate Increases Too Little, Too Late? EP51
James West—Global Commodities in a Time of War, Broken Supply Chains and Epic Inflation EP53
Bretton Woods system
What makes a billionaire different from you and me?
We all have the same 24-hour day, so how have people like Claude Shannon, Peter Thiel, and Elon Musk created this explosion of innovation in information technology, leading us into an era of increased global connection and prosperity?
My guest today is Jimmy Soni, a tech world historian. He is the author of the recently released, The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley. His previous book, A Mind at Play: How Claude Shannon Invented the Information Age, won the 2017 Neumann Prize awarded by the British Society for the History of Mathematics.
On this episode of The Wiggin Sessions, Jimmy joins me to discuss his insight into the unique characteristics of the founders of PayPal and the three common traits that turned them into billionaires. We discuss their beginnings and backgrounds and the advantageous way they've used inexperience to infiltrate other industries, including space logistics, internet video, and even the film industry, with much success.
Listen to understand why the shadowy narratives aren't always what they seem and why what makes the headlines isn't the most interesting part about these "Mount Rushmore style figures."
We'll look at the most important thing to come out of the PayPal experience. Plus, we’ll discuss the surprise investor interest causing the resurgence of old technology and how studying the investments of these blue check titans might lead us to the future of technological innovations.
Key Takeaways Jimmy shares his insight into Elon Musk’s brash approach to risk-taking and his desire to change finance from the ground up
How the shotgun wedding between X.com and Confinity birthed PayPal and spawned a whole industry of people innovating their way into billions
The 3 common traits in this group of tech billionaires
How the PayPal alumni infiltrated the space logistics, big data, microfinance, internet video, and even the film industry successfully
How Claude Shannon's ideas from 1948 saved business communication during the pandemic
How Peter Thiel’s ‘no orange jumpsuits’ rule led to innovations right up to the line of the law
The most important thing to know about the PayPal experience for your own investments
Jimmy shares his ‘glass half full’ thoughts on technology as a force for good in the world
Connect with Jimmy Soni Jimmy Soni
Jimmy Soni on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley
A Mind at Play: How Claude Shannon Invented the Information Age
The little-known story about Elon Musk’s first post-grad internship an excerpt by Jimmy Soni on FORTUNE
Dr. Peter Nicholson
Brady Bonds
Cedric Ritchie
Seven Samurai
Occam’s razor|Ockham’s razor
Halt and Catch Fire
George Gilder
There are many people that are involved in developing technologies that think that all technology is good and will always lead to a better future.
But is that true?
My guest today is John Robb, author of Brave New War and owner and principal analyst for the monthly The Global Guerrillas Report and host of Global Guerrillas.
On this episode of The Wiggin Sessions, John joins me to share how disruptive events are impacting change across the globe and how the rise of network swarming through social channels is escalating change and not always in a good way. We talk about how social media escalated the Russian invasion of Ukraine on a global level and brought it up to the edge of a nuclear engagement.
Listen in to understand why “the global village isn't the problem, it's the global villagers,” and how the settings of the technological artifact will be the thing that determines our future—if we get it right, the future is going to be amazing, if we don’t it will control us.
Key Takeaways John shares what network swarming is and how his book, Brave New War is still making waves
How network swarming escalated the Russian invasion of Ukraine making it into a war of survival
John offers his insight into the pilfering of individual identities and the human characteristics of the network that are not at all human
How the printing press was the catalyst for war as we know it today
How collective decision-making limits individual idea-expression (and oversteps everything from human rights to politics to the Constitution)
What John calls the permit crisis and how feeding the power of the network is hollowing out our values, and stripping our rights
John’s advice to individuals on living within the network, securing your digital rights, and challenging the Terms of Service trumps the Constitution status quo
Connect with John Robb John Robb on Twitter
Global Guerrillas
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources The Global Guerrillas Report
Brave New War
The Insurgent Advantage by David Brooks in The New York Times
The Long Night is Coming on Global Guerrillas
Marshall McLuhan’s Tetrad of Media Effects
With the Ukrainian-Russian conflict, fiscal spending out of control, and 40-year inflationary highs, you ought to see that reflected in the CRB.
Why?
This week I'm joined by James West, Publisher, Editor, and CEO of the Midas Letter, the digital business channel for early-stage investors where James covers technology, crypto, battery metals, and alternative medicines.On this episode of The Wiggin Sessions, James shares the real reason for the supply chain shortages, how lithium and other electric car components are disrupting market trends, and what’s up with gold and silver prices. Plus, he’ll even walk us through the real reason Vladimir Putin is so insistent on taking over Ukraine.
Listen in to understand the Commodity Research Bureau (CRB) Index and its history of acting as an indicator of impending financial mayhem. We look at how it can be used to trace the financial crisis of 2008 and how the current CRB is screaming that we are on the brink of a major financial correction, one that might make 2008 look like a cakewalk.
Key Takeaways Where James believes the long-term investment opportunities are
How monetary and price inflation can be traced via the CRB Index
Why the history of the CRB Index indicates we are headed into a financial storm
The real reason Vladimir Putin is so insistent on taking over Ukraine
How individual investors can get involved in investment trends like lithium without the risk
Why the financial system is manipulated to be sure that gold does not make the US dollar look bad
What the CRB Index predicts for gold and silver prices
Why it’s getting harder and harder for investors to make money without getting fleeced
What James tells anybody who asks him what they should invest in
Connect with James West Midas Letter Live
James West's Midas Letter on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources The Lords Of Easy Money
"Christopher Leonard—Are the Federal Reserve's Interest Rate Increases Too Little, Too Late?" on The Wiggin Sessions
Plunge Protection Team
Thomson Reuters
Albemarle
"Lithium Americas (NYSE:LAC) CEO Jonathan Evans Interview" on the Midas Letter
We're now in month two of the invasion of Ukraine by Russia. We know that the Western narrative is dominant in the mainstream press. We also know the first casualty of war is the truth—right?
So, what is the most important thing the American Public is missing about the war?
Scott Horton is the Director of The Libertarian Institute and the Editorial Director of Antiwar.com
He’s also a Ron Paul Libertarian and has done over 5000 interviews almost all on foreign policy since 2003. Scott is the author of Fool's Errand: Time to End the War in Afghanistan and Enough Already: Time to End the War on Terrorism. He also has a podcast called The Scott Horton Show.
On this episode of the Wiggin Sessions, Scott and I dive into the history behind the Russian invasion of Ukraine, including an examination of Putin's motives for war. We'll also dig deep into the quest to expand NATO under the Clinton administration.
Listen in as Scott brings to light a lot of things you probably haven’t heard before, including what he thinks is the greatest treason in the history of our country or even the world.
Key Takeaways Why Scott believes the Americans want to prolong this war
Scott walks us through George H. W. Bush's promise not to expand NATO East
What Bill Clinton did to pulverize the Russian economy and the direct consequence of the Clinton years
What Biden has done to ratchet up the New Cold War between the United States and Russia
Scott’s take on the role of the World Economic Forum in egging on the current administration
Why the Western world is in denial about Putin and why he’s the perfect boogeyman
Why the democrats still aren’t over their fear of Donald Trump’s relationship with Russia
How giving up on facts and settling for opinions has led to Americans missing out on the truth
Connect with Scott Horton Scott Horton
Scott on Twitter
Antiwar.com
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources The Scott Horton Show
The Libertarian Institute
Antiwar.com
Fool's Errand: Time to End the War in Afghanistan
Enough Already: Time to End the War on Terrorism
Justin Raimondo
Alan Bock
04/19/99 David Thibodeau on Surviving the Waco Massacre
The Budapest Memorandum
Biden’s Stand on Ukraine Is a Wider Test of U.S. Credibility Abroad
THE PUTIN INTERVIEWS
John Mearsheimer
Richard Hananiah
We’re currently facing 40-year inflation highs. The Fed has raised interest rates with promises of four or five increases this year.
Can they tame the inflation beast without tanking the stock market and further eroding the economy?
Or is it too late?
Christopher Leonard is a business journalist whose work has appeared in The New York Times, Wall Street Journal, Fortune, and Bloomberg Businessweek. He's a New York Times bestselling author for his books, The Meat Racket and Kochland which won the J. Anthony Lukas Work-in-Progress Award given by the Nieman Foundation and the Columbia University School of Journalism.
On this episode of The Wiggin Sessions, Christopher joins me to share his insight on the impact of preserving such low federal interest rates for so long.
Christopher discusses why the Powell led Fed has failed to normalize interest rates, and how the mission creep of the Federal Reserve has led us further away from a stable economy and deeper into the trenches of the highest inflation we’ve seen in 40 years.
Listen in to understand why it is the Federal Reserve’s policies more than broken supply chains, the pandemic, or Vladimir Putin that has led to our broken American economy.
Key Takeaways What made Christopher investigate the meat industry and the Koch brothers for his books
How a 2016 interview with a financial trader led to his investigation of the Federal Reserve and his book, The Lords of Easy Money
Why the seduction of printing money looks so good to consumers but is so dangerous
The philosophy that led to the great low-interest rates and excessive money printing experiment
What Christopher thinks is the most critical element of the Powell led Federal Reserve
What caused the short circuit of the market in 2018 that led to the Powel Pivot
Who has more power, the President of the United States or the Fed Chairman
How the Federal Reserve caused the greatest transfer of wealth, and income inequality in human history
Why the Fed is currently struggling to find a solution to inflation that won’t further erode the economy
Christopher explains why he is driven to put the facts of these systems in the hands of the average reader
Connect with Christopher Leonard Christopher Leonard
Christopher on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources The Lords of Easy Money
The Meat Racket
Kochland
The J. Anthony Lukas Prize Project Awards
I.O.U.S.A.
Federal Reserve System
Money Creation
FOMC
Ben Bernanke
Quantitative Easing
Janet Yellen
Jerome Powell
The Powell Pivot
Why the Fed Keeps Getting It Wrong by James Rickards
Alan Greenspan
Paul A. Volcker
Arthur burns
Nexis®
William Jennings Bryan
Collateralized Loan Obligation (CLO)
Mohamed A. El-Erian
Bethany McLean
James Grant
Was the financial war against Russia over before it even began?
My guest this week thinks so. Sean Ring is a writer, trainer, EdTech startup CEO, teacher, and Editor of The Rude Awakening.
Sean has lived and traveled in East Asia for many years, and he has a unique take on China's view of the West's response to Russia and the invasion of Ukraine.
On this episode of The Wiggin Sessions, Sean joins me to discuss China's view of the US's financial war and why the US can't act alone.
Sean discusses how sanctions against Russia are speeding up China's plans to dominate the global economy and how they might replace the U.S. dollar's dominance of the Middle Eastern market, plus the ramifications therein.
Listen in to understand the war from Russia’s point of view and what Halford Mackinder’s “Heartland Theory” of the World-Island has to do with why the Russia Ukrainian conflict is raging right now.
Key Takeaways How Sean's history of living and traveling in East Asia informs his perspective on China's view of the West
Why the sanctions against self-sufficient Russia are only going to backfire and make them more powerful
Sean’s insight into China's perspective on the war, and how the Russian sanctions could cause the emergence of non-dependence on the US dollar
Sean looks at the countries that refuse to impose sanctions and the Russian isolation fairy tale
Why we will see a Balkanization of the world economy
What Sean thinks is China’s biggest risk
Sean explains Russia’s view of the war and why the Russia Ukrainian conflict is raging right now
Sean gives an insight into what we don't get from the Western media
The impending depreciation of the US dollar and why inflation is here to stay
Connect with Sean Ring Sean Ring
Subscribe to The Rude Awakening
Sean on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Klaus Schwab
Mark Carney
Byron King—The Danger in Weaponizing the US Dollar EP48
Martin Anderson—When and Why Wars are Needed EP49
'Got Rubles?' by Sean Ring in The Rude Awakening
Jim Rickards at The Daily Reckoning
'Russia Built Parallel Payments System That Escaped Western Sanctions' in The Wall Street Journal
'The Usual Suspects Are Pushing War with Russia' in Mises Wire
Dmitry Orlov
Peter Thiel
Halford Mackinder
John Mearsheimer
‘Biden Saves Ukraine From Russia—by the Inch' in The Wall Street Journal
Olaf Scholz
The Budapest Memorandum
Taiwan Relations Act
Jim Rogers
Victoria Nuland Testimony On Biolabs In Ukraine
Bill Bonner
The World Economic Forum
Was a Russian invasion of Ukraine predictable as far back as 2013?
Ask-Socrates, a global economic and political environment analysis platform designed to identify changes in international capital flows in global markets, predicted Ukraine was going to be the place where everything starts.
Last week, at a conference of the Business Roundtable, President Biden said that we are headed into a new world order. But is this war part of a bigger plan by the European globalists to bring about The Great Reset?
On this episode of The Wiggin Sessions, I’m joined by Martin Armstrong, the founder of Ask-Socrates and Armstrong Economics. Martin is internationally recognized as an economist with over 40 years of experience monitoring and forecasting market behavior.
I brought on Martin on the show today to help us unpack the President's point of view and delve deeper into the global catalyst of the events in Ukraine.
Martin shares his insight into when and why wars are needed and why the European globalists need this particular war. He’ll break down the factors in the competing propaganda of the media, the Western liberal order and the autocrats in the east.
Plus, he’ll share what to focus on to thrive during the geopolitical mayhem we’re experiencing right now and the currency transition to come. Key Takeaways How Martin’s technology was created to be the opposite of what we think of as AI
Why the European globalists need this war
The off the charts corrupt connections between President Zelensky and Hunter Biden
What Ask-Socrates said in 2013 and what happened in 2014
How intentionally poking the bear is endangering the Ukrainian people
Why Martin believes Zelensky might be taking orders from somebody other than his own people.
Martin’s take on what Putin’s really talking about when he says they’re fighting against Nazis in the Ukraine
How annexing the Russian ethnic groups in Ukraine back to Russia could draw a ceasefire
How the propaganda machine is on the verge of creating even bigger problems than Putin
Why Martin thinks this catalyst will soon create two world economic systems
Why the current administration is preparing for the new economic system instead of focusing on saving the dollar
Martin’s advice for investors to transition to assets that will survive a transition to a new currency
Connect with Martin Armstrong Ask-Socrates
Armstrong Economics
Armstrong Economics on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
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Resources Klaus Schwab
The Great Reset
Bretton Woods
Gulf of Tonkin incident
The Prince of Savoy
Neoconservatism
President Zelensky Addressed Parliament in Italy
The Alternative World Order, The Economist
In imposing sanctions on Russia, we're weaponizing the US dollar.
But most weapons in a war get blown up.
Are we, in effect, destroying our monetary system? And are our efforts to isolate Russia from the global economy giving us the results we want?
Byron King is a Harvard-trained geologist and a former aide to the US Chief of Naval Operations. He also happens to be our resident go-to source for military insights and a regular contributor at Bonner Private Research, covering energy, precious metals and the economy.
On this episode of The Wiggin Sessions, Byron joins me to share his insight on Russia's motive for invading Ukraine, explaining how NATO evolved after the Cold War and why a reset of the 'defensive alliance' is long overdue.
Byron discusses how sanctions against Russia are disrupting global commodities markets and describes America's 'theory of victory' on weaponizing the US dollar--and why it's unlikely to succeed.
Listen in to understand why an economic recession is inevitable and get Byron's take on what happens if the US dollar loses its reserve currency status.
Key Takeaways Byron's history in the Navy and how it informs his perspective on NATO
Bryon's insight around Russia's motive for invading Ukraine
Russia's perspective that America did not win the Cold War
What Byron makes of Zelensky's call to reset our political institutions to protect Ukraine
How NATO evolved after the Cold War and why a 'defensive alliance with no defense' is problematic
How sanctions against Russia are disrupting commodities markets and impacting ordinary citizens of Russia, Europe and the US
America's 'theory of victory' on weaponizing the US dollar (and why it's unlikely to succeed)
Evidence that the US dollar could lose its reserve currency status
How a country's monetary system has power as a derivative of its military power and vice versa
How Byron thinks about the potential for a crypto SDR
How we need rare earths to build the electronics we rely on and the consequences of our anti-mining policy
Why a recession is inevitable and how it will lead to a 'resurgence of adultism'
Connect with Byron King Byron at Bonner Private Research
Byron on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
President Zelensky’s Address to Congress
Agora Financial
Klaus Schwab
Mark Carney
Jim Rickards at The Daily Reckoning
Smoot-Hawley Tariff Act
Yom Kippur War
‘Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales’ in The Wall Street Journal
Trilogy Metals
Empire of Debt: The Rise of an Epic Financial Crisis by William Bonner and Addison Wiggin
The Demise of the Dollar... And Why It’s Even Better for Your Investments by Addison Wiggin
Bretton Woods
Jim Rickards on Special Drawing Rights
Pete Buttigieg on 60 Minutes
Mainstream, Keynesian economists have a hard time understanding Bitcoin. But if you use Austrian economics as a framework, the significance of Bitcoin as a replacement for the traditional monetary system becomes very clear.
Saifedean Ammous is the bestselling author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, a groundbreaking study of the economics of Bitcoin.
Saifedean is considered a pioneer in explaining Bitcoin’s value proposition as the hardest money in history and the only alternative to central banks.
On this episode of the Wiggin Sessions, Saifedean joins me to discuss his books The Bitcoin Standard and The Fiat Standard, describing the nuances of Bitcoin that inspired him to create these works.
Saifedean explains why he approaches Bitcoin from an Austrian perspective and how money’s ability to resist debasement is what makes it valuable.
Listen in as Saifedean shares his thoughts on President Biden’s executive order to study cryptocurrency risk and the future of decentralized banking.
Key Takeaways Saifedean’s background and why he wrote The Bitcoin Standard followed by The Fiat Standard
Why Saifedean approached his Bitcoin research with the Austrian economics perspective
The differences between Austrian economics and Keynesian economics
Why Saifedean argues that money’s ability to resist debasement is what makes it valuable
How the world ended up on the gold standard and why expanding the money supply is not a good idea
Why Bitcoin will be the only escape mechanism to the digital dollar which will be a control tool for the managers of the fiat system
President Biden’s executive order to study cryptocurrency risk and Saifedean’s perspective on the future of cryptocurrency
Why Bitcoin is the only way to escape central banks
Why the total number of bitcoin is capped at 21 million and what will happen to its value when it is done being mined
How governments have used technology to create propaganda to alleviate the impacts of inflation
Connect with Saifedean Ammous Saifedean’s Website
Saifedean on Facebook
Saifedean on Instagram
Saifedean on LinkedIn
Saifedean on Twitter
Saifedean on Youtube
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
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Resources 5-Minute Forecast
The Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous
The Fiat Standard: The Debt Slavery Alternative to Human Civilization by Saifedean Ammous
Mises Institute
Russia Today, the English-language news agency funded by the Kremlin, was recently deplatformed for spreading propaganda around the invasion of Ukraine. So, how does a media entrepreneur think about shutting a news outlet like RT out of Western markets? When is deplatforming justified? When is it dangerous?
And how do we come to understand the biases of the media we consume?
Demetri Kofinas, host of the Hidden Forces podcast, returns to the Wiggin Sessions to discuss the deplatforming of Russia Today for covering the invasion of Ukraine and share some of his experiences working at the network in the early 2010s.
Demetri explains how he predicted the conflict in Ukraine back in December and describes his recent conversation around the latest developments in the war with CrowdStrike Cofounder Dmitri Alperovitch.
Listen in for Demetri’s insight on the driver of value for future money and why Americans may be psychologically unprepared for simultaneous economic and geopolitical crises.
Key Takeaways Demetri’s background working for Russia Today and why he chose to leave the network
Demetri’s perspective on Russia Today’s intentions and ideology while he was there in 2011
The deplatforming of Russia Today due to their coverage of Russia’s invasion of Ukraine
Demetri’s thoughts on the Ukraine invasion and how he was able to predict it back in December 2021
How cancellations and deplatforming affect Demetri’s views on the current state of affairs as a media entrepreneur
Demetri’s conversation about Russia invading Ukraine with the Chief Technology Officer and Co-Founder of CrowdStrike Dmitri Alperovitch
Demetri’s insights on the future of the US dollar, cryptocurrencies, and what the driver of value will be for future money
Why Americans may be psychologically unprepared for potential economic and geopolitical crises
Connect with Demetri Kofinas Hidden Forces Podcast
Demetri on Twitter
Demetri on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Between Two Fires: Truth, Ambition, and Compromise in Putin’s Russia by Joshua Yaffa
Hidden Forces Episode 235: Russia-Ukraine War & Risks of NATO-Russia Escalation - Dmitri Alperovitch
Hidden Forces Episode 236: Economic Warfare and the Weaponization of the US Dollar - Julia Friedlander
Demetri Kofinas on Wiggin Sessions EP034
It’s easy to oversimplify the conflict in Ukraine and America’s response to it: Russians are bad. Sanctions are good. But would your perspective be different if you had traveled extensively in that part of the world? Or if you knew exactly how those sanctions might impact your ability to access the commodities you need?
My globetrotting friend Joel Bowman is a libertarian writer, thinker and cryptocurrency enthusiast. He is also a repeat offender here on The Wiggin Sessions.
Joel is a regular contributor to Bonner Private Research, recently penning two thought-provoking editorials on the conflict in Ukraine, inflation and weaponized money, ‘Death in the Afternoon’ and ‘Stairway to Hell.’
On this episode of The Wiggin Sessions, Joel joins me to describe his experience traveling in Moldova and Ukraine in 2018, sharing his informed take on the media’s mass propaganda around the Russian invasion.
Joel discusses the real reason for the inflation of commodities in the US, explaining why we can’t blame it all on Putin and how sanctions on Russia will impact the American economy moving forward.
Listen in to understand how Argentines have adapted to an inflation rate of 50% and hear Joel’s concern that central bankers might leverage negative sentiment toward Putin to ban crypto.
Key Takeaways Joel’s travels through the separatist region of Transnistria on the western border of Ukraine
Joel’s take on the mass propaganda around the Russian invasion of Ukraine and the media’s oversimplified, black-and-white view of the conflict
How being de-platformed has become a tool of 21st century warfare
How sanctions imposed by Western corporations affect people in Belarus and Russia who have nothing to do with Putin or Lukashenko
The real reason for the inflation of commodities (and why we can’t blame it all on Putin)
How government sanctions on Russia will impact the US economy
How the people of Argentina have adapted to an inflation rate of 50% and the rising black market for alternatives to pesos in Argentina
What makes a global currency war a real possibility and why investors are looking at Bitcoin as a safe alternative to fiat money
Joel’s fear that central bankers might leverage the negative sentiment toward Putin to ban crypto
Why it’s usually a good bet to invest in things that China bans
Why Joel foresees short-term pain for crypto but is bullish on blockchain in the long term
How the energy required for Bitcoin produces a fraction of the carbon footprint of Pornhub
Connect with Joel Bowman Joel on Twitter
Joel at Bonner Private Research
‘Death in the Afternoon’
‘Stairway to Hell’
Morris, Alive by Joel Bowman
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Joel Bowman on The Wiggin Sessions EP035
Dan Denning, Anya Leonard & Joel Bowman on The Wiggin Sessions EP013
Classical Wisdom
Demetri Kofinas
‘Here Comes $7 Gas’
Brian Maher in The Daily Reckoning
Byron King
‘How to Ruin Your Economy, Like Argentina’
Adam Sharp
Jim Rickards
HIVE Blockchain Technologies
Mark Moss on The Wiggin Sessions EP030
What is the best way to protect your money in a wartime economy?
Russia’s invasion of Ukraine has many of us thinking about alternatives to the traditional monetary system. And wondering if the blockchain is a good backup plan.
So, can you safeguard your money by investing in cryptocurrency? What is the best way to approach this new asset class?
James Altucher is the former hedge fund manager and serial entrepreneur behind the Altucher Investment Network, a newsletter offering investment recommendations based on insights from James’ powerful network of business leaders and Wall Street insiders.
James is also the bestselling author of several books, and his latest release is called The Big Book of Crypto: How to Get Rich in the New Age of Digital Money.
On this episode of The Wiggin Sessions, James joins me to share his perspective on the Russian invasion of Ukraine and explain why gold is a ‘flight to safety’ for older generations, while younger generations prefer crypto.
James discusses how we might use the blockchain as an alternative to the centralized wiring system between international banks and describes several real-world use cases for crypto, like instant international eCommerce transactions or NFTs as event tickets.
Listen in for insight around crypto’s evolution from speculative investment to alternative monetary system and learn James’ thoughtful approach to managing your money in this new asset class.
Key Takeaways [1:55] James’ perspective on the Russian invasion of Ukraine
[7:29] Why James is not worried about the price of oil in the US
[12:44] How gold serves as a ‘flight to safety’ for older generations, while younger generations prefer crypto (and the blockchain as an alternative to the centralized wiring system between international banks)
[17:23] Crypto’s evolution from speculative investment to alternative monetary system and some real-world use cases for crypto (e.g.: using NFTs for event tickets)
[23:02] The implications of the Fed creating a crypto version of the US dollar
[27:46] How James thinks about the volatility of Bitcoin and his thoughtful approach to managing money in crypto
[33:25] How tokens get ‘burned’ in the process of validating an Ethereum transaction
[36:20] How RNDR tokens are used to build 3D graphics for VR
[38:54] James’ intention in writing The Big Book of Crypto
[42:26] The resistance to how the blockchain might disrupt mainstream industries
[45:17] The solid arguments for $180K ETH and $500K BTC in the next few years
[48:47] How James makes decisions around what tokens to recommend in Altucher’s Investment Network
[51:00] The impact of Super Bowl ads for crypto trading platforms
Connect with James Altucher Subscribe to Altucher’s Investment Network
The James Altucher Show
The Big Book of Crypto: How to Get Rich in the New Age of Digital Money by James Altucher and Chris Campbell
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Skip the Line: The 10,000 Experiments Rule and Other Advice for Reaching Your Goals by James Altucher
Choose Yourself! Be Happy, Make Millions, Live the Dream by James Altucher
The Choose Yourself Guide to Wealth by James Altucher
Reinvent Yourself by James Altucher
James Altucher on Wiggin Sessions EP009
Dmitri Alperovitch on Hidden Forces EP226
‘Here Comes $7 Gas’ in Bonner Private Research
SWIFT
Coinbase
Terra (LUNA)
Gary Kasparov
RNDR Token
‘New Alfa Romeo SUV Uses NFT and Blockchain to Track Car Records’ in Cointelegraph
Filecoin
Rancho Santana Nicaragua
Cathie Wood’s Ethereum Price Prediction
The Winklevoss Twins’ Bitcoin Price Prediction
The universe is rife with emerging autocracy markets with huge concentrations that are often too big of a risk for investors to take. This is where the freedom-weighted strategy comes into play.
Until recently, nobody has ever weighted the risks in the emerging market indexes based on the freedom levels in each country.
Perth Tolle is the founder of Life + Liberty Indexes and the creator of the Freedom 100 EM Index (FRDM). She spent years living and working in both Beijing and Hong Kong, where her market observations led her to explore the relationship between freedom and successful investing in emerging markets.
On this episode of The Wiggin Sessions, Perth joins me to discuss how she created the FRDM Index and the heightened risks associated with investing in autocratic markets.
Listen in to hear about Perth’s experience in China, the nuances of the free markets, and the relational differences between a free society and an autocratic society..
Key Takeaways Perth’s experience living in China and realizing the difference freedom makes in both her life and in the market
The creation of the Freedom 100 EM Index (FRDM)
The metrics Perth uses to categorize countries based on their levels of civil, political, and economic freedom
The investment landscape’s relationship between a free society and an autocratic society
How all freedoms work together and the idea of “freedom thinking”
Why the risks are heightened when investing in the autocratic markets.
How the FRDM index is structured and when Perth needs to make changes
Why freer markets tend to have more sustainable returns recover faster from drawdowns
The audience Perth targets for the exchange-traded fund (ETF)
Connect with Perth Tolle Perth on Twitter
Perth on LinkedIn
Life + Liberty
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Freedom-Weighted Emerging Markets ETF
If we want real solutions, society needs to drive the government. It shouldn’t be the other way around.
Unfortunately, the incentives are not in place. So how can we encourage new ways to funnel capital into local communities so they can solve the problems they face?
Charles Hugh Smith is the author of the Of Two Minds blog and has written 11 books on economics, the federal government, healthcare, and finance. His newest book, Global Crisis, National Renewal: A (Revolutionary) Grand Strategy for the United States, shines a light on how the systemic crises in the United States are reinforcing each other at dangerous points and the global crisis that offers America’s Grand Strategy an opportunity to rebuild.
On this episode of the Wiggin Sessions, Charles joins me to dive deeper into his new book and describe how a new, revolutionary Grand Strategy will be the ultimate factor in which nation-states fail, and which ones thrive.
Listen in to hear our conversation on the realignment of America’s Grand Strategies, how national progress evolves, and the importance of society driving the government.
Key Takeaways Charles’ insight into the creation of his new book
How Grand Strategies are being focused too heavily on foreign policy when they should be focused on domestic issues
Charles’ proposition of an open-sourced, self-organizing economy based on labor
The realignment of Grand Strategies around scarcity of oil, energy, and capital
The “island of coherence” and how countries with that status are able to influence the rest of the world
How the world has stopped evolving and adapting
The importance of increasing incentives to focus on efficiency and funneling capital into local communities so they can solve their own problems
Why radical decentralization is key to solving global problems
Why society should drive the government instead of the government driving society
How national progress used to evolve through positive synergy and Charles’ idea of “fatal synergy”
Connect with Charles Hugh Smith Charles on Twitter
Charles on LinkedIn
Charles on Facebook
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Of Two Minds Blog
Articles by Charles on Daily Reckoning
Global Crisis, National Renewal: A (Revolutionary) Grand Strategy for the United States
The world seems to be in a bit of an uprising since the start of the pandemic. That is, until you look closer and realize our world has been pushing back against centralization since long before that.
We’re often so closely involved in what we think is controlling our economy, investments, and finances that it becomes too much to make sense of. But when you zoom out, things become much clearer.
Mark Moss is an entrepreneur and owner of a successful YouTube channel dedicated to helping people build, grow, and protect their personal and financial sovereignty.
On this episode of The Wiggin Sessions, Mark joins me to discuss how to grow and protect your wealth during major market disruptions.
Mark shares his thoughts on the historical cycles that are massively disrupting the market, the future of blockchain and the US dollar, and how the world is at peak centralization.
Listen in to hear Mark’s advice on how to protect your wealth and learn why the world is at an uprising point and a shift to decentralization.
Key Takeaways Mark’s background with investing and his own financial struggles in 2008
Deep dive into three historical cycles massively disrupting the market: political, technical, and financial
Mark’s tips for growing and protecting your wealth during market disruptions
“Peak Centralization” and how society will move to decentralizing in order to pursue freedom
Mark’s perspective on why people must always produce before they consume
The historic and economic cycles that are converging and leading to revolution or a new monetary regime
Why blockchain could be an alternative to traditional monetary systems
Factors that create wealth transfers (and how to be on the receiving end)
Mark’s insight on the future of the US dollar
Connect with Mark Moss Mark on Facebook
Mark on Instagram
Mark on LinkedIn
Mark on Twitter
Mark on Youtube
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Mark’s Presentation
Mark’s Website
The Mark Moss Show
4 Pillar Blueprint Masterclass + Free Bundle
In this chaotic time of economic change, political debate, cryptocurrencies, and global conventions, it’s hard to know what the future holds. What should you do with your investments? What will “democracy” mean in the future? Why are progressives pushing modern monetary theory?
There are answers to these questions and it’s not a matter of right or wrong, smart, or dumb, or any measure of intelligence. You don’t have to be a mind reader; but you must pay attention. Global elitists will tell you what they want.
Jim Rickards is an economist, lawyer, editor, and investment banker with over forty years of experience working in capital markets on Wall Street. He is also the author of multiple New York Times and National best-selling books on money and global finance.
On today’s episode of the Wiggin Sessions, Jim joins me to discuss the Davos Agenda at the annual meeting of the World Economic Forum, as well as his insights into the progressives’ agenda and investment banking.
Listen in as Jim gives advice for individual investors and those managing their own money, on how to diversify your investment portfolio and avoid overconcentration.
Key Takeaways Jim Rickards’ extensive background as an economics, investments banker, author, and more
The Davos Agenda for 2022
Jim’s perspective on climate change and panic fear leading to the quest for global control
The current state of democracy and stress test of the US Constitution
Human nature’s desire for control and the effect that holds on world politics and history
The difference between central bank digital currencies (CBDC) and cryptocurrencies
Jim’s diversification advice and overconcentration warnings for individual investors and those managing their own money
Connect with Jim Rickards Jim on Twitter
Jim on Facebook
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
The Davos Agenda
Jim Rickards’ Strategic Intelligence
Jim Rickards’ Crash Speculator
Jim Rickards’ Tactical Currency Profits
Jim Rickards’ Books on Amazon
The World Economic Forum recently held its annual meeting in Davos, where the conversations focused on economic recovery and climate action.
Unfortunately, the Davos crowd is pushing for a Great Reset that imposes their values on all of us—and otherizes anyone who disagrees.
So, what are the key takeaways from the 2022 meeting in Davos? And what do you and I need to do to prepare for the potential consequences of those decisions?
Dan Denning is the architect, host and writer at Bonner Private Research, a newsletter that publishes independent investment research and analysis for individual investors and retirees.
On this episode of The Wiggin Sessions, Dan joins me to discuss the Davos agenda to reorganize the world’s economy, describing how taking over the financial system gives those at the top an unsurpassed level of control over individual choice.
Dan weighs in on Dr. Fauci’s keynote at Davos, sharing his take on the parallels between the church of the Middle Ages and today’s ‘scientism.’
Listen in for Dan's insight around the $130T Mark Carney committed to climate change initiatives and find out how Bonner Private Research can help you achieve the financial independence to survive the repercussions of government overreach.
Key Takeaways How risk tolerance informs a community’s response to COVID and why risk assessment should happen on a local level
The danger in the Davos agenda to reorganize the world’s banking system and address climate change
Dr. Fauci’s keynote at Davos and the parallels between the church of the Middle Ages and today’s ‘scientism’
Klaus Schwab’s comments that by 2030 we’ll own nothing and be happy about it
How taking over the financial system gives those at the top an unsurpassed level of control over individual choice
Why voluntary trade is the best way to regulate behavior between strangers
Mark Carney’s announcement on committing $130T to back climate change initiatives
Dan’s commitment to helping his readers acquire enough financial independence to survive the things that are out of our control
Why Bonner Private Research is choosing to self-publish on Substack and their efforts to build a community there
Connect with Dan Denning Bonner Private Research
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Dan Denning on The Wiggin Sessions EP013
Davos Agenda 2022
COVID-19: The Great Reset by Klaus Schwab and Thierry Malleret
Mission Economy: A Moonshot Guide to Changing Capitalism by Mariana Mazzucato
David Stockman’s Contra Corner: On Scientism
The Wealth of Nations by Adam Smith
Man’s Search for Meaning by Viktor E. Frankl
COP26
In a Gallup poll conducted last August, Democrats were much more likely to overestimate the COVID hospitalization risk for unvaccinated people.
Meanwhile, Republicans were more likely to overestimate the risks associated with the vaccine and underestimate its efficacy.
So, what’s behind this COVID hysteria? How does a doctor think about the trend toward vaccine coercion? And what effect has the ACA had on healthcare?
Dr. John Hunt is a recovering pulmonologist and immunologist turned libertarian economist and coauthor of The High Ground novel series.
On this episode of The Wiggin Sessions, John joins me to explain why there was a pandemic of COVID-positive tests rather than a true COVID-19 pandemic and describe who he would encourage to get vaccinated—and who doesn’t really need it.
John weighs in on the real pros and cons of the mRNA vaccine, discussing why it’s unethical to coerce people to get vaccinated when there’s no proof it will generate herd immunity.
Listen in for John’s insight on the misaligned incentives of Obamacare and learn his investment strategy for betting against global fiat currency.
Key Takeaways John’s insight on how our fears around COVID are amplified by the media
Who John would encourage to get the COVID-19 vaccine (and who doesn’t really need it)
Why John believes there was a pandemic of COVID-positive tests rather than a true COVID pandemic
How the facts are lost when an illness gets politicized
John’s take on how the NIH guides scientific research in the US
How John thinks about the risk of mRNA vaccines to genetically engineer in certain people
Why it’s unethical to coerce people to get vaccinated when there’s no proof it will generate herd immunity
The misaligned incentives of Obamacare and how it inspired John to leave medicine
What John is doing to protect people’s finances when they’re ill or injured and need to interact with insurance
Why John suggests betting against fiat by investing in gold, silver and BTC
Connect with Dr. John Hunt The High Ground Novels
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Gallup Poll on COVID-19 Hospitalization Risk
‘David Stockman: Scientism Is the New Road to Serfdom’ in Technocracy News & Trends
Matt Kibbe on Free the People
The Revolt of the Masses by Jose Ortega y Gasset
The Omicron variant of COVID-19 is raging around the world. How does it differ from the original virus and the Delta strain? Will Omicron mark the last big wave of the virus? And how do the three different kinds of vaccines work relative to the way the human body develops immunity on its own?
Ray Blanco is the science advisor to Consilience. He shares his investment research in Technology Profits Confidential and Ray Blanco’s Catalyst Trader, where he breaks down the science behind potential investments in technology and biotechnology companies.
Ray covers a wide range of tech and biotech sectors, including semiconductors, software, cloud computing, cancer therapies and anti-aging science.
On this episode of The Wiggin Sessions, Ray joins me to share his experience of quarantine in the Philippines and explain how the Omicron variant of COVID-19 differs from previous strains.
Ray describes the differences among mRNA, adenovirus and traditional vaccines as well as the risks associated with each, exploring how the administration’s narrative around COVID has changed and why the CDC and FDA can’t admit they were wrong about the pandemic.
Listen in for insight on the benefits of the emerging Novavax vaccine and find out why Ray is bullish on investing in biotech companies right now.
Key Takeaways Ray’s experience of COVID and quarantine in the Philippines
What happens when the COVID virus mutates into a new strain and how the Omicron variant differs from previous iterations
The Chinese paper around the potential mouse origin of Omicron
What happens from a scientific perspective when we contract Omicron and develop a memory of the virus in our immune system
The differences among mRNA vaccines, adenovirus vaccines and traditional vaccines
The risks associated with mRNA and adenovirus vaccines and why it’s not unreasonable to be concerned about their long-term effects
The purpose of getting a booster when our antibody counts drop
How the administration’s narrative re: COVID-19 has changed (and why it’s impossible for agencies like the CDC and FDA to admit they were wrong)
Ray’s insight on the benefits of the Novavax COVID vaccine
Why Ray is bullish on investing in biotech companies right now
Connect with Ray Blanco Technology Profits Confidential
Ray Blanco’s Catalyst Trader
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
‘Evidence for a Mouse Origin of the SARS-CoV-2 Omicron Variant’ in the Journal of Genetics and Genomics
Novavax Coronavirus Vaccine
JP Morgan 2022 Health Care Conference
Sangamo Therapeutics
Editas Medicine
CRISPR Therapeutics
The Edinburgh Fringe Festival is an economic success story. In fact, the only event that’s sold more tickets is the Olympic Games!
And as Dominic Frisby sees it, the festival proves Adam Smith’s economic theory of self-interest.
Dominic is the world’s only financial writer and comedian. In his work as an actor, he has voiced everything from BBC nature documentaries to zombies in Hollywood Blockbusters.
Dominic is a frequent speaker on gold and money on TV, radio and at conferences, and he is the author of several books, including Daylight Robbery: How Tax Shaped Our Past and Will Change Our Future.
On this episode of The Wiggin Sessions, Dominic joins me to discuss his new YouTube documentary, Adam Smith: Father of the Fringe, explaining how the Edinburgh Fringe Festival came to be and why it proves Adam Smith’s theory of capitalism.
Dominic shares his libertarian take on the ideological war playing out all over the world and describes his approach to investing in store-of-value assets like Bitcoin and gold.
Listen in for Dominic’s insight on the untold tax story behind every war ever fought and learn how he sees taxation as a measure of freedom.
Key Takeaways How the Edinburgh Fringe Festival came to be and what makes it an economic success story
How the success of the Edinburgh Fringe Festival proves the unlikely realization of everything Adam Smith argued for
What it looks like to build a career around economics and comedy
Dominic’s take on the ideological war playing out all over the world
The libertarian views Dominic and I share
How Dominic thinks about taxation as a form of control
The untold tax story behind every great event in history (e.g.: every war ever fought, the evolution of Christianity)
Dominic’s approach to investing in Bitcoin
Dominic’s insight on the history of gold and what would happen if we stopped mining for it
Connect with Dominic Frisby Adam Smith: Father of the Fringe
Dominic on YouTube
Daylight Robbery: How Tax Shaped Our Past and Will Change Our Future by Dominic Frisby
Bitcoin: The Future of Money? by Dominic Frisby
Dominic on Money Week
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Edinburgh Fringe Festival
Institute of Economic Affairs
Empire of Debt: The Rise of an Epic Financial Crisis by Will Bonner and Addison Wiggin
The Vampire Comedian Comic Strip
Libertarian Love Songs
Anthems for the Excommunicated
'Libertarian National Anthem’
Whiskey Rebellion
Guy Fawkes
The Daily Reckoning
The US embodies the idea of choice and self-determination like no other experiment in governance. And yet, most Americans don’t appreciate the rights bestowed by our founding documents.
In fact, the progressive elites in power today and their neo-Marxist ideology threaten the very principles America is founded upon.
Joel Bowman is a libertarian writer and cryptocurrency enthusiast. Born and raised on the Gold Coast of Australia, Joel emigrated permanently to ‘nowhere in particular’ in 2000, and he has been traveling the world ever since.
On this episode of The Wiggin Sessions, Joel joins me to discuss his debut novel Morris, Alive, describing how it offers an outsider’s perspective on the idea of America and fights against the Marxist ideology common in contemporary arts and literary fiction.
Joel explains how President Wilson undermined the fundamental beliefs of the Founding Fathers and explores how far today’s neo-Wilsonian progressives have drifted from the principles of their spiritual heroes of the 1960’s.
Listen in for Joel’s insight on exactly what’s wrong with Marxism and find out what we can do to counter the current attack on our founding principles being staged by progressive elites.
Key Takeaways How Morris, Alive offers an outsider’s perspective on the idea of America
The themes of geographical and intellectual frontiersmanship among the giants of American letters
How the US embodies the idea of choice and self-determination like no other experiment in governance
The attack on the founding principles of America by progressive elites
Why contemporary arts and literary fiction are owned by neo-Marxists
Antonio Gramsci’s long Marxist march through academia and US political institutions
How a Marxist worldview leads to conflict
How President Woodrow Wilson’s fundamental beliefs ran contrary to that of the Founding Fathers
How far today’s neo-Wilsonian progressives have drifted from the principles of their spiritual heroes of the 1960’s
Connect with Joel Bowman Joel on Twitter
Morris, Alive by Joel Bowman
‘Center Cannot Hold: The Second Coming of Progressivism’ in The Modern Flaneur
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Anya Leonard on The Wiggin Sessions EP032
Dan Denning, Anya Leonard & Joel Bowman on The Wiggin Sessions EP013
Jorge Luis Borges
Henry David Thoreau
L. Mencken
Lysander Spooner
Ernest Hemingway
Gertrude Stein
Walt Whitman
Woody Guthrie
Bob Dylan
Saul Bellow
John Updike
Miguel De Cervantes
William Shakespeare
Johann Wolfgang Von Goethe
Manifesto of the Communist Party
Antonio Gramsci
Adam Smith on the Division of Labor
I, Pencil
The Federalist Papers
Federal Reserve Act
Revenue Act of 1913
Empire of Debt: The Rise of an Epic Financial Crisis by Will Bonner and Addison Wiggin
The Covenant of the League of Nations
The Sedition Act of 1918
Demetri Kofinas is interested in looking beyond the epiphenomena to find out what’s really driving change.
Rather than accept the superficial, popular narrative around current events, he challenges the consensus and explores novel solutions to complex problems.
Demetri is the host of Hidden Forces, a podcast that uses a financial and cultural lens to make connections among disciplines and challenge today’s popular narratives.
On this episode of The Wiggin Sessions, Demetri joins me to discuss how he chooses guests for Hidden Forces and describe how technology platforms like podcasting facilitate the democratization of ideas.
Demetri shares what he learned from his interview with Google CEO Eric Schmidt around artificial intelligence and the problem of goal optimization, explaining how social media channels with a business model based on advertising are incentivized for outrage.
Listen in to understand how a high speed of change impacts society and learn how to maintain your humanity and sustain an open mind as you uncover the hidden forces that shape our changing world.
Key Takeaways Demetri’s background as a media entrepreneur and financial analyst
What technology platforms allow for the democratization of ideas
How Demetri chooses podcast guests who look beyond epiphenomena to what’s really driving change
Demetri’s take on the influence we have as individuals and why we’re on the verge of political realignment in the US
What Demetri learned from his conversation with Google CEO Eric Schmidt around AI and the problem of goal optimization
Why social media platforms with a business model based on advertising are optimized for outrage
Edward O. Wilson’s concepts of consilience and eusociality
How the human desire to do meaningful work is fueling the Great Resignation
The costs associated with navigating a high speed of change
The pros and cons of Demetri’s open-minded approach to Hidden Forces
Connect with Demetri Kofinas Hidden Forces Podcast
Demetri on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
The Meaning of Human Existence by Edward O. Wilson
The Daily Reckoning
Kurt Richebacher
Mobs, Messiahs and Markets: Surviving the Public Spectacle in Finance and Politics by Bill Bonner and Lila Rajiva
Empire of Debt: The Rise of an Epic Financial Crisis by Will Bonner and Addison Wiggin
The Demise of the Dollar … and Why It’s Great for Your Investments by Addison Wiggin
Hans-Hermann Hoppe
Financial Reckoning Day: Surviving the Soft Depression of the 21st Century by William Bonner and Addison Wiggin
Richard Duncan
Substack
Theodore Roosevelt’s ‘The Man in the Arena’
Capital Account with Lauren Lyster
Mark Moss on The Wiggin Sessions EP030
Market Disruptors Live
Tristan Harris
Tristan Harris on The Joe Rogan Experience
The Social Dilemma
Eric Schmidt on Hidden Forces EP218
A World Only Lit by Fire: The Medieval Mind and the Renaissance by William Manchester
Ray Kurzweil
Plato at the Googleplex: Why Philosophy Won’t Go Away by Rebecca Goldstein
Rebecca Goldstein on Hidden Forces EP069
‘A Collective Mass Refusal to Work in Poor Conditions Is Driving the Labor Shortage’ in Business Insider
A Most Violent Year
Speed Limits: Where Time Went and Why We Have So Little Left by Mark C. Taylor
Land of Desire: Merchants, Power and the Rise of a New American Culture by William R. Leach
In the 1970’s, then Federal Reserve Chair Paul Volcker implemented a series of interest rate hikes to curb inflation.
But times have changed. Today, the powers that be no qualms about pumping trillions of dollars into the economy with nothing to back it. And businesses, individuals and the government itself are all dependent on very low interest rates.
So, what is the likely outcome of the current economic policy? Is it time to stock up your bolt-hole?
My long-time friend and mentor Bill Bonner is the founder of Agora Financial , the leading innovator in the financial advice industry for the last two decades.
On this episode of The Wiggin Sessions, Bill joins me to discuss Joe Biden’s $6 trillion Build Back Better social engineering plan and share his take on skyrocketing inflation—with no sign of a Fed Chair like Paul Volcker in sight.
Bill explains how the Fed’s aim has changed from protecting our currency to manipulating the economy and describes the two ways a bubble built on credit ends.
Listen in for Bill’s insight on how we’re following Argentina’s financial playbook and learn how to protect yourself from the impending financial reckoning day here in the US.
Key Takeaways The real cost of the government’s infrastructure and social spending bills
How printing money is responsible for skyrocketing inflation
What former Fed Chair Paul Volcker did to kill inflation in the 1970’s
How the Fed’s aim has changed from protecting our currency to manipulating the economy
The 2 ways a bubble built on credit is likely to end
Bill’s insight on how the US is following Argentina’s financial playbook
The challenge of running a business when you don’t have confidence in the government
How the pandemic contributed to the current economic environment
Why we’re in for a chaotic, impoverishing few years (and how to protect yourself)
Connect with Bill Bonner Bill Bonner’s Diary at Rogue Economics
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Empire of Debt: The Rise of an Epic Financial Crisis by Will Bonner and Addison Wiggin
Financial Reckoning Day: Surviving the Soft Depression of the 21st Century by William Bonner and Addison Wiggin
Infrastructure Investment and Jobs Act
Build Back Better Act
‘The Real Biden Bill: At Least $4.6 Trillion’ in The Wall Street Journal
‘Build Back Better Cost Would Double with Extensions’ on The Committee for a Responsible Federal Budget Blog
National Taxpayers Union
Paul Volcker
IOUSA
Ludwig von Mises
David Stockman’s Contra Corner
CARES Act
‘Deere Strike to End as Workers Vote to Approve Contract’ in Reuters
‘Ford, GM Step into Chip Business’ in The Wall Street Journal
The Demise of the Dollar … and Why It’s Great for Your Investments by Addison Wiggin
Hans-Hermann Hoppe
In his 1987 bestseller, The Closing of the American Mind, Allan Bloom explores how abandoning a Classical education in favor of political correctness leads to indoctrination over independent thinking.
Anya Leonard sees a further erosion of the American mind today, where social media is driving us further and further into isolated silos. Where independent thought and the exchange of ideas is frowned upon.
And under pressure from the ‘woke mob,’ universities are eliminating their Classics departments.
So, what can we do to combat this demolition of the American mind? How can studying history and the Classics reverse this dangerous trend?
Anya is the Founder of Classical Wisdom, a platform dedicated to preserving Classical ideas. She earned an MA in Sociology from the University of Edinburgh and studied at St. John’s College with a double major in Philosophy and the History of Math and Science.
On this episode of The Wiggin Sessions, Anya joins me to share her experience in the Great Books Program at St. John’s and explain how we might distill the wisdom of the Classics to take inspired action now.
Anya explains her decision to travel the globe with her daughter Freida and challenges us to expand our view of the Classics, offering insight around the ancient world as a huge and diverse place.
Listen in for Anya’s take on the parallels between Mao’s China and America today—and learn to leverage the Classics to ‘vaccinate’ yourself against the demolition of the American mind.
Key Takeaways How Anya defines the Classics and her experience in the Great Books Program at St. John’s
What’s important about the Classics and what we can learn from studying the Western cannon
Anya and her husband’s decision to travel the globe with their daughter Freida
What inspired Anya’s essays around her idea of the demolition of the American mind
How social media impacts our brains and drives us into isolated silos
How we might distill the wisdom carried in history and stories to take inspired action now
Anya’s explanation of stoicism and how we can apply its principles in modern life
The guest lecturers Anya is featuring on Classical Wisdom, e.g.: Zena Hitz and Anika Prather
Anya's insight around the ancient world as a huge and diverse place
Anya’s passion for preserving Classical ideas (and the resources she provides to that end)
Connect with Anya Leonard Demolition of the American Mind
Classical Wisdom
Classical Wisdom Speaks
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Anya Leonard on The Wiggin Sessions EP006
The Closing of the America Mind: How Higher Education Has Failed Democracy and Impoverished the Souls of Today’s Students by Allan Bloom
Emily Wilson’s Translation of The Odyssey
Dan Denning, Anya Leonard and Joel Bowman on The Wiggin Sessions EP013
Kathleen Stock
Thought Reform and the Psychology of Totalism: A Study of ‘Brainwashing’ in China by Robert Jay Lifton
Jeffrey A. Tucker at the Brownstone Institute
Anthony A. Long
William B. Irvine
Donald Robertson
Zeno of Citium
Meditations by Marcus Aurelius
Lost in Thought: The Hidden Pleasures of an Intellectual Life by Zena Hitz
Dr. Anika T. Prather
The Dying Citizen: How Progressive Elites, Tribalism and Globalization Are Destroying the Idea of America by Victor Davis Hanson
Niall Ferguson
James Hankins
Angie Hobbs
Empire of Debt: The Rise of an Epic Financial Crisis by Will Bonner and Addison Wiggin
The Essential Classics
Classical Wisdom Society
Litterae Magazine
In the modern world, people waste a lot of energy on things we cannot control. Faced with information overload, we get overwhelmed and make poor decisions. A dilemma Ian Silverberg calls Modern Society Syndrome.
But what if we shifted our focus to the things we can control? What could we accomplish if we made conscious decisions about where to put our energy?
What would it look like to build an intentional life?
Ian is an international real estate investor, entrepreneur and strategic business advisor. He has 30 years of experience building businesses in the health and wellness, real estate and business coaching industries, and he is currently developing a portfolio of intentional communities in New Zealand, Costa Rica and Utah.
On this episode of The Wiggin Sessions, Ian joins me to explain how to overcome Modern Society Syndrome and make better decisions through intentional living.
He shares his experience working with entrepreneurs to apply intentional living strategies in their personal and professional lives.
Listen in to understand how Ian’s concept of intentional living shows up in his Harmony Ranch communities and learn how to own your sh*t and take on the role of Chief Energy Officer in your life!
Key Takeaways What inspired Ian’s shift from stocks to international real estate
Why Ian made the decision to be a Pro Dad and how he teaches his kids to own their sh*t
Ian’s development of intentional living communities in New Zealand, Costa Rica and Utah
The concept of intentional living and why It's so important to Ian
Ian’s idea of Modern Society Syndrome and how it leads to poor decision-making
Ian’s concerns around our growing inability to see all sides of a story
Ian’s experience working with entrepreneurs to apply intentional living strategies in their personal and professional lives
How Ian’s concept of intentional living shows up in his Harmony Ranch micro-communities
Ian’s advice on overcoming Modern Society Syndrome to pursue an intentional life
What it looks like to take on the role of Chief Energy Officer in your life
Connect with Ian Silverberg Harmony Ranch Eden
Ian on LinkedIn
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources 5-Minute Forecast
Agora Financial
Agora’s Platinum Reserve Membership
Med Retreat
Alec Ross on The Wiggin Sessions EP029
Rancho Santana
La Estancia de Cafayate
Between droughts, political policies and the conversion to alternative energy sources, the cost of energy is skyrocketing.
And anytime there’s a market disruption of this magnitude, a transfer of wealth follows.
So, how can you be on the receiving end of this inevitable transfer of wealth? What can you do to grow and protect your wealth through the approaching global energy crisis?
Mark Moss is the serial entrepreneur and investor behind Market Disruptors Live, an event that brings together world-leading financial experts to help you develop an investing plan that will make 2022 your most profitable year ever.
On this episode of The Wiggin Sessions, Mark joins me to discuss the impending global energy crisis, explaining what’s behind the global elites’ agenda for resetting the economy after the pandemic—using climate change as a catalyst.
He weighs in on the unintended consequences of carbon credits, sharing his take on the real goal of cap-and-trade systems and why nuclear power is the ultimate source of green energy.
Listen in for Mark’s insight on how market disruptors facilitate the transfer of wealth and find out how to protect your finances, freedom and health at his upcoming event, Market Disruptors Live.
Key Takeaways How Mark’s market analysis is informed by his experience of losing it all in 2008
The concept of a market disruptor and how economic volatility facilitates a transfer of wealth
What you will learn at Market Disruptors Live about protecting your finances, freedom and health
The consequences of printing unlimited money and how it’s likely to impact the economy
Mark’s take on climate change policy and why the energy crisis is a man-made problem
The potential incentive among politicians to promote a fear-based system
The unintended consequences of carbon credits and cap-and-trade
What’s really behind the global minimum tax on corporations
The contradictions in policy around nuclear power and why it’s the ultimate source of green energy
How to protect your purchasing power and invest wisely amid a global energy crisis
Connect with Mark Moss Market Disruptors Live
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Mark Carney
Dr. Joseph Mercola
Mark’s Video on Rolling Blackouts
Reveries of the Solitary Walker by Jean-Jacques Rousseau
Klaus Schwab
‘Wall Street’s Takeover of Nature Advances with Launch of New Asset Class’ on Unlimited Hangout with Whitney Webb
Value(s): Building a Better World for All by Mark Carney
Economic & Philosophic Manuscripts of 1844 by Karl Marx
The Communist Manifesto by Karl Marx and Frederich Engels
Fukushima Nuclear Disaster
The social contract is an unwritten agreement defining the relationship among government, capital and labor.
But our existing social contract was written for the Industrial Age and fails to serve the needs of everyday Americans in a digital economy.
And Alec Ross contends that if we don’t update our social contract, we can look forward to a Mad Max-like future characterized by growing division and rage.
Alec is a distinguished professor at the University of Bologna Business School, Board Partner at Amplo VC and bestselling author of The Industries of the Future.
On this episode of The Wiggin Sessions, Alec joins me to discuss his new book, The Raging 2020s: Companies, Countries, People—and the Fight for Our Future.
He shares his approach to investing in companies that are imagining and inventing the future, asking himself who is in the best-of-class in digitization, crypto and genomics.
Listen in for Alec’s prediction around the next trillion-dollar industry and learn how we might rewrite the existing social contract to restore the balance of power in America.
Key Takeaways Alec’s explanation of the social contract as an unwritten agreement defining the relationship among government, capital and labor
Why it’s time to rewrite the social contract as we evolve out of the Industrial Age
How Alec’s background as a public-school kid from West Virginia who became a successful entrepreneur shapes his understanding of the social contract
Why US policies are much more favorable to investment and entrepreneurship than just about any other country
Alec’s take on where the government is overspending and why we should focus instead on investing in infrastructure and innovation
Why Alec invests in early-stage companies that are imagining and inventing the future and what he looks for in a founder
Alec’s approach to investing in the best-of-class companies in digitization, genomics and crypto
Alec’s insight on investing in applications of mRNA technologies to other maladies
The data around the growing economic equality in America over the last 30 years (and what the future looks like if we continue that trajectory)
How to begin rewriting the social contract through tax legislation
Connect with Alec Ross Alec’s Website
The Raging 2020s: Companies, Countries, People—and the Fight for Our Future by Alec Ross
The Industries of the Future by Alec Ross
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Juan Enriquez on The Wiggin Sessions EP004
The Social Contract by Jean-Jacques Rousseau
Amplo VC
Bowery Farming
Mark43
Andela
Craig Venter
Craig Venter’s Project with Exxon
Global Minimum Tax Framework
China is on a mission to become the world’s dominant industrial power. What does it mean for the US if China succeeds? And how would Chinese economic dominance impact individual investors?
David Goldman is a columnist for Asia Times and principal of Asia Times Holdings. He is a regular contributor to the Claremont Review of Books, American Affairs Journal and Standpoint Magazine, writing under the pseudonym Spengler. David is also the author of You Will Be Assimilated: China’s Plan to Sino-Form the World.
On this episode of The Wiggin Sessions, David joins me to discuss China’s goal to dominate the Fourth Industrial Revolution and why it matters.
He shares his prediction of what the world looks like in 2031 should China become the dominant force in global manufacturing and trade, describing how that would affect our economic and military power.
Listen in for David’s insight what could happen to the USD’s reserve currency status should China achieve its goals and find out what that means for you and me as individual investors.
Key Takeaways David’s concerns around whether China’s centralized system will fail in time for the US to avoid strategic disaster
What would happen to the USD’s reserve currency status if China achieves economic dominance
The potential for armed conflict between the US and China
China’s goal to dominate the Fourth Industrial Revolution (i.e.: artificial intelligence and big data)
How China is producing 7X as many bachelor’s degrees in STEM fields as the US
How China’s rise to economic dominance would impact individual investors in the US
David’s take the Evergrande drama as a managed deflation of China’s real estate bubble and not a major crisis
David’s prediction of what the world looks like in 2031 should China become the dominant force in global manufacturing and trade
The two big differences between our concerns about Japan in the late 1980’s and our concerns about China today
Why it's important that China has 70% of the world’s installed 5G internet
How the US tax and regulatory environment’s hostility to capital-intensive industries impacts our ability to adopt 5G technology
Connect with David Goldman David at Asia Times
‘Spengler’ at Asia Times
Books by David P. Goldman
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources You Will Be Assimilated: China’s Plan to Sino-Form the World by David P. Goldman
Sample Questions from China’s Gaokao
Empire of Debt: The Rise of an Epic Financial Crisis by Will Bonner and Addison Wiggin
The Evergrande Crisis
Houlihan Lokey
‘US Is Chasing China’s Tail on 5G’ in Asia Times
Ericsson 5G Technology
Nokia 5G
Tax Cuts and Jobs Act of 2017
There are two ways to make wine. There’s the industrialized process, where blends are used to achieve the same flavor year over year.
And then there’s the traditional fermentation process, where winemakers work with what they’ve got, producing a wine unique to that place. A wine that transports you to Argentina’s breathtaking Calchaqui Valley or the little-known Valdeorras region of Spain.
Will Bonner and Diego Samper are the CEO and Wine Explorer, respectively, behind Bonner Private Wines, a partnership dedicated to searching the world for astounding wines from undiscovered winemakers.
On this episode of The Wiggin Sessions, Will and Diego join me to explore the history of wine through the development of civilization and explain how environmental factors influence taste.
Will and Diego discuss why Malbec does well in the high altitudes of Northern Argentina and describe the experience of traveling from the subtropical forest to the mountain desert vineyards in Salta.
Listen in to understand what differentiates wines that are authentic to a particular place and find out how to be a part of Will and Diego’s Extreme Altitude Wine Club.
Key Takeaways The long and winding history of wine through the development of civilizations
The fungi that nearly wiped out the French wine industry (and how that incident led to the Old World accepting New World wines)
Who was responsible for the introduction of winemaking in Argentina
Why Malbec does well in the high altitudes of Northern Argentina
The experience of traveling to Argentina’s spectacular Calchaqui Valley and why the climate shifts so quickly
The science of wine and how it’s influenced by terroir (e.g.: soil, sun exposure, altitude, etc.)
What differentiates traditional fermentation from using blends to achieve a particular flavor
The evolution of winemaking in Argentina
Why it’s so challenging to ship wine from the Salta region of Argentina to the US and what inspired Will to make it happen
How the Extreme Altitude Wine Club membership works and where the wines come from
Diego’s role as a wine explorer
Connect with Will Bonner & Diego Samper Bonner Private Wines
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Extreme Altitude Wine Club
Penfolds Wines
Davalos Family History
Hess Persson Wines
James Turrell Museum
Los Cardones National Park
700 million people are affected by mental illness, addiction or eating disorders. And mushrooms can help.
Not the kind you might find at a Grateful Dead concert but the medicinal mushroom molecule of psilocybin.
Doug Drysdale is the CEO of Cybin, a biotechnology company working to advance psychedelic pharmaceutical treatments for mental health issues and addiction.
On this episode of The Wiggin Sessions, Doug joins me to discuss the research around treating major depression with psilocybin and explain how his team is making classical psychedelics more accessible.
Doug describes the size of the market for treating depression, addiction and eating disorders, differentiating Cybin’s work from the psychedelic microdosing trending in Silicon Valley.
Listen in for Doug’s insight on the differences between medicinal marijuana and psilocybin—and learn how investing in Cybin looks to be a win-win for stockholders and anyone living with mental illness.
Key Takeaways Cybin’s work to make classical psychedelic drugs both faster and shorter acting
How Cybin is making psychedelic treatments for depression, addiction and anxiety more accessible
The findings of the Johns Hopkins study on treating major depression with psilocybin
How psilocybin works to make patients more receptive to psychotherapy
Cybin’s innovation in delivering psychedelic therapies (direct contact with bloodstream vs. oral delivery)
The enormous size of the market for treating addiction, depression and eating disorders
Why Cybin is building out an entire care model that includes a psychotherapy program
The differences between medicinal marijuana and psychedelic therapeutics
Why developing psychedelic microdosing treatments is much more challenging than Cybin’s macrodosing treatments
When Cybin’s stock was listed on the NYSE and how that affected the team’s work
How volatility in stock price impacts a biotech company’s ability to finance testing
The potential for consolidation in the biotech space over the next few years
Connect with Doug Drysdale Cybin
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Psilocybin Research
‘Effects of Psilocybin-Assisted Therapy on Major Depressive Disorder’ in JAMA Psychiatry
Cybin’s EMBARK Program
Greenbrook TMS
Cybin’s Collaboration with Greenbrook TMS
GW Pharmaceuticals
Today’s current events drive the tech trends of tomorrow. And if we’re paying attention, we investors can profit from those trends.
That’s why I love sitting down with my go-to science and technology advisor, Ray Blanco, to jam about the latest in COVID treatments, flying taxis and life-extending pharmaceuticals.
Ray is the science advisor at St. Paul Research and editor of Technology Profits Daily and Catalyst Trader, where he breaks down the latest in science and shares his research around investments in technology and biotech companies.
On this episode of The Wiggin Sessions, Ray joins me to explain why he’s optimistic that the Delta variant has peaked on the national level and how COVID is likely to become an endemic disease.
Ray offers insight on what makes vaccine mandates counterproductive and walks us through the science behind Ivermectin as a treatment for coronavirus.
Listen in for Ray’s advice on investing in eVTOL aircraft, psychedelic therapeutics, ‘immortality drugs’ and the metaverse.
Key Takeaways What makes Ray optimistic that the Delta variant has peaked on the national level
Why Ray thinks COVID will become an endemic disease
Ray’s take on mask/vaccine mandates and why they’re counterproductive
The science behind Ivermectin as a treatment for coronavirus
What differentiates Cybin from other emerging psychedelic therapeutics companies
The market opportunity in battery energy storage systems or BESS
The rumors around iPhone 13’s ability to support satellite communications
Why Ray recommends investing in the metaverse (augmented and virtual reality technologies)
The eVTOL aircraft technology in development at Joby Aviation
Why Ray is excited about MyMD Pharmaceuticals’ new TNF alpha inhibitor drug
Connect with Ray Blanco Technology Profits Daily
Catalyst Trader
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources President Biden’s COVID-19 Action Plan
Ray’s Interview with Dr. Peter Tsai
William C. Campbell and Satoshi Omura’s Nobel Prize for Ivermectin
Merck’s Mectizan Donation Program
Cybin
COMPASS Pathways
MindMed
‘Tesla Is Plugging a Secret Mega-Battery Into the Texas Grid’ in Bloomberg Green
Ming-Chi Kuo on the iPhone 13 and Satellite Communications
Globalstar
Iridium Satellite Communications
New Scale Technologies
Eos Energy Storage
Stem
AST SpaceMobile
Qualcomm
Snow Crash by Neal Stephenson
NVIDIA
Tawain Semiconductor
Apple Glasses
Oculus
Joby Aviation
BLADE
MyMD Pharmaceuticals
MyMD’s Presentation at HC Wainwright
With a booming stock market and Bitcoin mania, it would be easy to overlook gold and silver as an investment strategy. But that’s a risk we don’t recommend you take.
So, why is NOW a good time to buy precious metals? How much of your portfolio should you devote to gold and silver? And should you invest in physical bullion or ETFs?
Precious metals expert Jeff Clark serves as Senior Analyst at Hard Assets Alliance, a platform that provides investors with a simple, low-cost way to buy and sell physical bullion.
On this episode of The Wiggin Sessions, Jeff joins me to discuss the impending economic crisis and explain why the stock market continues to go up while gold and silver remains weak—despite the chaos in the world at the moment.
Jeff describes the difference between investing in physical bullion versus paper or ETFs and weighs in on why institutional investors (including tech giants like Peter Thiel) are moving into gold.
Listen in for Jeff’s thoughts on cryptocurrencies as a store of value and learn how to protect your money from economic uncertainty and invest in gold and silver through the HAA Metal Stream Program.
Key Takeaways Why the stock market continues to go up while gold and silver remain weak (despite the chaos in the world at the moment)
What investors need to know about the spikes in the precious metal markets over the last 50 years
Jeff’s prediction that the irresponsible behavior of central banks will trigger an economic crisis
Why the only way to prepare for black swan events is to have meaningful exposure to gold and silver
How owning physical bullion protects investors from counterparty risk
Jeff’s take on cryptocurrencies as good speculation but not a stable store of value
How institutional investors, central banks and family offices are taking positions in gold to hedge risk right now
How institutional investment influences the gold market (i.e.: slow steady rise vs. spike in price)
How much gold is ideal for an investment portfolio
How high Jeff sees gold and silver prices rising in the short-term before a crisis hits
How the Hard Assets Alliance Metal Stream Program makes it easy to accumulate gold and silver
Where to go for Jeff’s insights around the best mining stock picks
Connect with Jeff Clark Hard Assets Alliance
Jeff on Hard Assets Alliance
Gold Silver
Jeff on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Hard Assets Alliance Metal Stream Program
Empire of Debt: The Rise of an Epic Financial Crisis by William Bonner and Addison Wiggin
John Hathaway at Sprott
Jim Rickards’ Avalanche Theory
Mike Maloney
‘Peter Thiel’s Tech Firm Just Bought $50M in Gold Bars’ in Yahoo Finance
Why Portfolios Perform Better with Gold
Jeff’s Open Letter to Warren Buffett
Casey Research
Stock Pulse Silver Symposium
Most individual investors don’t have the millions of dollars it takes to invest in fine art as an asset class.
But what if you didn’t need millions of dollars? What if you could own a stake in paintings by Monet, Warhol or KAWS for just $20 per share?
Scott Lynn is the Founder and CEO of Masterworks, a platform that helps individual investors get in on the lucrative fine arts market.
On this episode of The Wiggin Sessions, Scott joins me to explain why he built the first platform for trading shares in fine art and describe how art is evaluated as an asset class.
Scott discusses why individual investors should consider adding fine art to their portfolios, weighing in on how real assets serve as a hedge against inflation.
Listen in to understand how fine art correlates with the stock market and find out how Masterworks makes it easy for you to invest in individual shares of paintings by well-known artists like Basquiat and Banksy.
Key Takeaways What inspired Scott to build the first platform for trading shares in fine art
How Masterworks uses data to evaluate art markets
The 2 criteria Scott’s team uses to decide which paintings to buy
How the dwindling supply of an artist’s work influences returns
Why individual investors should consider adding fine art to their portfolios
The benefit of investing in assets uncorrelated to public equities
How the Masterworks platform makes it easy to invest in individual shares of fine art
How real assets like fine art serve as a hedge against inflation
The high correlation between fine art and gold
Why Scott doesn’t believe in NFTs in the context of fine art
Connect with Scott Lynn Masterworks
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Masterworks Presentation on Understanding Art as an Investment
Nomura Piece on Investing in Art
Sotheby’s
Christie’s
Basquiat
Monet
Banksy
KAWS
Pest Control
The pandemic has effectively shaken up real estate markets around the world, initiating new trends and accelerating some shifts that were already in motion.
And if you know where the opportunities are, now is a very good time to buy properties on the cheap in growing markets.
Ronan McMahon travels the globe in search of investment opportunities for profit and shares his insight and deal flow through Real Estate Trend Alert, otherwise known as RETA.
On this episode of The Wiggin Sessions, Ronan joins me to discuss the real estate opportunities he is exploring right now, explaining what Panama is doing to encourage investment and how the short-term rental market is thriving in Portugal.
Ronan shares his experience around the ongoing international travel constraints caused by the pandemic and describes how COVID has impacted global real estate prices.
Listen in to understand where property prices are on the rise and learn how to access to Ronan’s real estate investment opportunities through RETA.
Key Takeaways Why prices are skyrocketing in Ireland’s real estate market
How multinational investment has transformed Ireland
What Panama is doing to encourage investment in its tourism infrastructure
The ongoing constraints on international travel caused by the pandemic
Portugal’s extremely attractive residency packages and investment opportunities
Why the short-term rental industry remains robust despite COVID
The ongoing trend to move to remote locations (and how it’s transforming real estate markets)
Ronan’s insight on opportunities in strong markets and crisis scenarios
The value of the RETA membership’s group buying power
How Ronan is facilitating deal flow with low-risk projects
Connect with Ronan McMahon Real Estate Trend Alert
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Kennedy Wilson
Ronan’s Natal Project in Tulum
Overseas Dream Home on Instagram
The Daily Reckoning
Between 1975 and 2018, no less than $50T transferred from the working class to the elites. And this didn’t happen by accident but was the result of policy favoring global corporations.
So, how do we rework our values in a way that revitalizes the middle class?
How do we shift from a system that supports monopolies and cartels to one that places reasonable limits on the concentration of wealth and power?
Charles Hugh Smith is the author of 11 books on economics, finance, the Fed, healthcare, education, national debt, government policy and crony elites. He shares his thoughts on the blog Of Two Minds and his work is featured regularly at The Daily Reckoning.
On this episode of The Wiggin Sessions, Charles joins me to discuss the problem with policy that mandates the COVID vaccine and share his take on why the economy was already weakening prior to the pandemic.
Charles weighs in on how the government and the markets have abandoned the middle class, describing how current policy prioritizes corporate profits over national security and what we can do to set reasonable limits on the concentration of wealth and power.
Listen in for insight on how innovation and opportunity flourish in the right systems and find out why ‘doom and gloom’ is the first step in escaping our dependence on long supply chains and corrupt power nodes.
Key Takeaways The problem with policy that mandates getting the COVID vaccine
Why Charles believes the US economy was weakening prior to the pandemic
How political policy prioritizes corporate profits over national security and maintaining the middle class
The need for transparency, competition and adaptability in the markets
How America’s greatness stemmed from the opportunity to turn labor into capital and why that’s lacking now
The benefits of the current trend to decentralize and re-localize
How our dependence on long supply chains and a handful of nodes makes us vulnerable (and why ‘doom and gloom’ is the first step in finding solutions to this problem)
Charles’ concerns around the decline of morality in America
How Charles thinks about the role faith plays in building a future of common values
Charles’ call for reasonable limits on the concentration of wealth and power and how he applies this idea to social media
Connect with Charles Hugh Smith Of Two Minds
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources The Daily Reckoning
‘I Went to a Party with 14 Other Vaccinated People; 11 of Us Got COVID’ in The Baltimore Sun
Mayo Clinic Data on the Prevalence of the Delta Variant
Rand Corporation Research on Trends in Income from 1975 to 2018
‘Testing Theories of American Politics: Elites, Interest Groups and Average Citizens’ in Cambridge University Press
The Theory of Moral Sentiments by Adam Smith
As we get farther away from the ideals of the Old Right, the Progressives in power continue to pump money into the economy and destroy the value of the dollar.
So, what can you do to navigate rising inflation? How might strategic investments in precious metals and rare earths protect your wealth in the age of Bidenomics?
Byron King is our in-house resource for military and geopolitical matters and the author of the online newsletter Whiskey & Gunpowder. He also happens to be a Harvard-trained geologist who’s gotten to know some of the best mining teams on the planet.
On this episode of The Wiggin Sessions, Byron joins me to discuss what happened to the Old Right and its idea of the ‘citizen representative,’ explaining how men like John T. Flynn, H. L. Mencken and Garet Garrett fought against the early decades of progressivism.
Byron walks us through the evolution of the international monetary system from the gold standard to the petrodollar, predicting how we might value currencies moving forward and describing how Bidenomics is causing our current workforce shortages and rising inflation.
Listen in for insight around China’s dominance in the rare earths race and get Byron’s top investment picks in precious metals, energy and mining.
Key Takeaways How the Old Right fought against the early decades of progressivism
What happened to the idea of the ‘citizen representative’
The consequences we face from deindustrializing the country
How Bidenomics contributes to our current workforce shortages and inflation
The history of the USD’s shift from the gold standard to the petrodollar
How SDRs may replace the dollar as the new world currency
Why crypto needs a credit system before it can run a global economy
Why China is winning the rare earths race and what the US needs to do to catch up
Byron’s top investment picks in precious metals, energy and mining
Connect with Byron King Whiskey & Gunpowder
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources John T. Flynn
Garet Garrett
L. Mencken
The Bretton Woods Agreement
Nixon Closes the Gold Window
Jim Rickards
Jim Rickards on SDRs
Chinese Sanctions on Lockheed
Barrick Gold Corporation
Newmont
Agnico Eagle Mines Limited
Sprott Gold Equity Fund
Defense Metals
Appia Energy Corporation
We’re at the cusp of the Fourth Industrial Revolution, and technological innovation is creating dramatic change at breakneck speed.
So, how do you begin to understand the science behind advancements like mRNA vaccines, plasma water rockets or quantum computing?
What do you need to know to make good decisions for your health—and the health of your investment portfolio?
Ray Blanco is our science advisor and editor of Breakthrough Technology Alert, Technology Profits Confidential and FDA Trader, publications dedicated to breaking down the science and offering investment advice around promising technology and biotechnology companies.
On this episode of The Wiggin Sessions, Ray joins me to provide clarity around the Delta variant of the COVID-19 virus and explain how mRNA vaccine technology stands to revolutionize medicine in the decade ahead.
Ray shares his take on the Billionaire Space Race, discussing how these ‘thrill rides’ might serve as a precursor to the development of high-speed international travel.
Listen in for Ray’s insight on the relationship between innovation and deflation and get his top picks for investments in the chip sector, alternative vaccines and space technology.
Key Takeaways Ray’s insight on the Delta variant of COVID-19
How mRNA vaccines work and how they differ from traditional vaccines
Other potential revolutionary applications of mRNA technology
Ray’s take on the politics of the push to get everyone vaccinated
What it means for a virus to ‘escape’ from a lab
The idea behind gain of function medical research
How the Billionaire Space Race might be the precursor to high-speed international travel
The relationship between deflation and innovation
Why Ray suggests investing in the chip sector and new vaccine technologies
The potential applications of plasma water engine technology
Connect with Ray Blanco Technology Profits Daily
Ray at St. Paul Research
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Orphan Drug Act of 1983
Myocarditis and Pericarditis Following mRNA COVID-19 Vaccination
Virgin Galactic
Grace Hopper
Gwynne Shotwell
Taiwan Semiconductor Manufacturing
Global Foundries
Novavax
MOMENTUS
SRAC on MarketWatch
There are obvious flaws in Marx’s labor theory of value, the idea that the value of a commodity can be objectively measured by the average number of hours required to produce it.
But George Gilder is exploring a new way to think about money built around the time theory of value, an idea that frames currency as a measure based on time—much like the meter, the kilogram or the lumen.
George is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives. An established writer, investor and economist, George has an uncanny ability to see how new breakthroughs will play out, and he shares his ideas through Gilder’s Daily Prophecy.
On this episode of The Wiggin Sessions, George joins me to discuss the three principal ideas in his forthcoming book, Life After Capitalism, beginning with the theory that economic growth is fundamentally a learning curve.
George shares his interdisciplinary approach to developing new ideas, describing how he thinks about money as tokenized time and what’s missing from our current measures of economic growth.
Listen in for George’s perspective on how governments are using money as an instrument of power (and why that stifles growth) and get his take on the crypto movement’s potential to emerge a new economy.
Key Takeaways How George got interested in the semiconductor industry and information technology
George’s theory that economic growth is a learning curve
How globalization improves our ability to fight pandemics and how the same concept applies to capitalism
The impetus to plan and control among governments and current elites
The idea of Google Marxism and how we are repeating Marx’s greatest error
George’s interdisciplinary approach to developing new ideas
The three principal ideas in George’s forthcoming book Life After Capitalism
How George frames money as tokenized time
How George thinks about the time value of gold in a way that’s not related to speculation
How economic measures fail to recognize the huge technological progress that’s underway
George’s take on how governments are using money as an instrument of power rather than an instrument of knowledge—and why that stifles economic growth
The great mistake cryptocurrencies are making right now
Why George believes a new economy will emerge from the crypto movement
Connect with George Gilder Gilder’s Daily Prophecy
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources George Gilder—America’s #1 Futurist on The Wiggin Sessions EP011
Carver Mead
Wealth and Poverty by George Gilder
A Modest Theory of Civilization: Win-Win or Lose by William Bonner
Pandemics: Our Fears and the Facts by Sunetra Gupta
Life After Good: The Fall of Big Data and the Rise of the Blockchain Economy by George Gilder
Introduction to Valence Theory by Jean Worrall
‘The Nature of Light: What Are Photons?’ by Carver Mead
Knowledge and Power: The Information Theory of Capitalism and How It Is Revolutionizing Our World by George Gilder
Milton Friedman
‘Do Real Output and Real Wage Measures Capture Reality? The History of Lighting Suggests Not’ by William Nordhaus
Gale Pooley at Discovery Institute
Marian Tupy at Cato Institute
‘Transit’s Dead End’ by Randal O’Toole
Are there any winners in the worst Pandemic of the last Century? After over 63,700 reported deaths globally, one might think there are no winners … but you would be wrong.
What players in what organizations are taking advantage of this tragedy? Who holds the power to make significant changes in public health and climate change? And how can you, the listener, use strategies that the Global Elite are employing to self-enrich themselves?
Jim Rickards is an American investment banker, lawyer, economist, op-ed contributor, and author. His insider status gives him a unique perspective on the most recent crisis – the COVID pandemic - in his latest book The New Great Depression: Winners and Losers in a Post-Pandemic World (Jan 2021). Rickards has also published several other books including as Currency Wars: The Making of the Next Global Crisis (2011) and The Death of Money: The Coming Collapse of the International Monetary System (2014).
On this episode of The Wiggin Sessions, Jim joins me to explore how the Davos gang of elites have taken advantage of the Great Reset for the global economy, and how you can too. We also explore the role that debt, inflation, and the destruction of the dollar play into the great reset and how you, as an investor, can navigate it.
Key Takeaways: What the Great Reset is and why it matters to your pocketbook.
What the Globalization Agenda is and COVID has escalated it.
Why the United States has not benefitted from Globalization.
Why Climate Change is key for the Global Agenda and for Global elites to secure their power.
How billionaires pay less in taxes, and you can too.
How Facebook, Twitter, and other major Social Media players illegally censoring and curating content and ruin lives.
Get an Insiders perspective into how the Global Elite instill fear to push their agenda and why they are trying to control the planet.
Why the free society that we believe in, and love is under attack, and what to do about it.
How COVID affected debt, inflation, and the destruction of the dollar.
What can we expect as we emerge out of this pandemic?
Connect with Jim Rickards The James Rickards project
Jim Rickards on Twitter
Jim Rickards on Facebook
Email: info@jamesrickardsproject.com
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Klaus Schwab - head of the World Economic Forum on LinkedIn
Klaus Schwab Podcast Episodes
International Monetary Fund (IMF)
North Atlantic Treaty Organization (NATO)
Ron Klain (Biden Administration, Chief of Staff)
Susan Rice (Biden Administration, Domestic Policy Advisor)
Valerie Jarrett (Biden Administration, Senior Advisor)
Jake Sullivan (Biden Administration, National Security Advisor)
Tony Blinken (Biden Administration, Secretary of State)
Mark Carney
Christine Lagarde
Janet Yellen
Agustin Carstens
G7
G20
OECD
Contributions to the Daily Reckoning - Jim Rickards
On a societal level, governments and central banks encourage us to live for today at the expense of tomorrow. And it’s the economist’s job to make the unseen visible. To reveal the future consequences of spending with reckless abandon.
But in the current climate, the mere suggestion of cutting spending is political suicide, and we use modern monetary theory to justify our stimulus-focused, Neo-Keynesian approach to the economy.
So, what’s it going to take to wake us up to the flaws in this system?
Jeff Deist serves as President at the Mises Institute, a libertarian institution that promotes teaching and research in the Austrian school of economics, individual freedom, honest history and international peace. Prior to his role at Mises, Jeff worked as a longtime advisor and chief of staff for Congressman Ron Paul.
On this episode of The Wiggin Sessions, Jeff joins me to discuss how his background as a lawyer in mergers and acquisitions informs the way he thinks about central banking and share the Austrian perspective on our current economic environment.
We explore the danger in legislating our way to prosperity, and Jeff explains why he blames the Bush administration for ushering in the idea that deficits don’t matter.
Listen in for Jeff’s view of the US dollar as a tool of imperialism and learn why countries like China are conflicted around unseating the USD as the world’s reserve currency.
Key Takeaways How politics has changed in the 8 years since Jeff worked for Ron Paul
How Jeff’s background as an M&A lawyer informs the way he thinks about politics and central banking
Jeff’s role as president of the Mises Institute
Jeff’s take on the Austrian perspective of our current economic environment
The problem with MMT’s aim to legislate our way to prosperity
Why Jeff blames the George W. Bush administration for ushering in the idea that deficits don’t matter
How talking about cutting defense, Social Security or Medicare spending has become a death sentence for any politician
How governments and central banks encourage us to live today at the expense of tomorrow
The economist’s job to make the unseen visible to us
What we can learn from the political climate and economic situation in France
The countries with a vested interest in unseating the USD as the world’s reserve currency (and why they would want a gradual devaluation)
Jeff’s insight on how the US dollar is a tool of imperialism
Connect with Jeff Deist Mises Institute
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Liberty Caucus
Empire of Debt: The Rise of an Epic Financial Crisis by William Bonner and Addison Wiggin
The Daily Reckoning
Agora Financial
Lew Rockwell
Doug Casey
Paul Krugman
Books by John Maynard Keynes
Jean Baptiste-Say
The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy by Stephanie Kelton
The Betrayal of the American Right by Murray N. Rothbard
Books by Hunter S. Thompson
Frederic Bastiat
The issue of sea level rise is an emotional, politically charged one. And we simply don’t want to believe that our actions might put beloved places like New Orleans or Venice under water in the not-so-distant future.
But what if we take the emotion out of it and simply look at the facts? What if we focus on adapting to rising sea levels by way of sound economic principles?
John Englander is the oceanographer and economist behind the Rising Seas Institute, a think tank dedicated to understanding and explaining the latest science around long-term rising sea levels. He also serves as a consultant helping corporations, government agencies, communities and individuals adapt to the risks of sea level rise. John’s latest book is called Moving to Higher Ground: Rising Sea Level and the Path Forward.
On this episode of The Wiggin Sessions, John joins me to share the data on sea level rise, explaining how melting glaciers cause it and why it’s accelerating at an exponential rate.
We explore the relationship among CO2 concentration, global temperature and sea level, discussing how humans have altered the natural cycle of warming and cooling—and why we’re so resistant to accepting our impact on climate.
Listen in for John’s fiscally conservative, market-driven approach to addressing sea level rise and learn how the phenomenon is likely to impact the economy and property values in coastal communities around the globe.
Key Takeaways How glacier calving causes sea levels to rise + how that natural process is accelerating in our warmer world
What sea level rise means for communities like Baltimore Harbor
How humans have altered the natural cycle of warming and cooling (and why we’re so resistant to accepting our impact on climate)
The relationship among CO2 concentration, global temperature and sea level
What drove natural heating and cooling cycles prior to industrialization and how those cycles have changed with the burning of fossil fuels
How sea levels and shorelines are NOT permanent (and why we struggle to comprehend that)
How satellite data reflects a doubling of sea level rise every decade for the last 30 years
John’s experience working with the military and municipalities on the impact of sea level rise and why their responses differ
Why property values and insurance premiums should reflect the risk associated with sea level rise
John’s fiscally conservative, market-driven approach to addressing sea level rise and why the government should not subsidize flood insurance costs
How the unsustainability of our current economic policy parallels that of CO2 emissions
What makes Greenland the best place to observe the extreme melting of the world’s glaciers
Connect with John Englander Moving to Higher Ground: Rising Sea Level and the Path Forward by John Englander
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources John’s Greenland Expeditions
The Long Emergency: Surviving the End of Oil, Climate Change, and Other Converging Catastrophes of the Twenty-First Century by James Howard Kuntsler
John’s Chart of CO2, Temperature & Sea Level
Green New Deal
Bill Bonner’s Diary
Books by David M. Walker
Rising Seas Institute
John’s Graph of Satellite Data on Sea Level Rise
Google Earth Timelapse of Columbia Glacier in Alaska
Google Earth Timelapse
Agora Financial
Cryptocurrency and other digital assets can be difficult to wrap your head around.
Why are people paying $60M for digital art that can’t be hung on the wall? And why would you convert your savings into Bitcoin when you can’t buy much with it?
But the truth is, there are many benefits to the blockchain, and its decentralization and transparency make it far superior to the systems governments control.
Chris Campbell is a longtime cryptocurrency and precious metals bug who writes about unconventional ways to invest in a decentralized future in the free digital newsletter Laissez Faire Today. Luke McGrath is a Bitcoin enthusiast who started writing about cryptocurrency in 2014 and served as managing editor of Laissez Faire Today from 2014 to 2020.
On this episode of The Wiggin Sessions, Chris and Luke join me to discuss non-fungible tokens or NFTs, explaining how they verify ownership of a digital asset and why you might consider investing in digital content in the future.
We explore the concept of blockchain banks and why they’re willing to pay a much higher rate to use your capital than the traditional banking system.
Listen in to understand why Luke and Chris see Bitcoin as the global money of the future, what makes it superior to fiat currency and how it may serve as the ideal store of value.
Key Takeaways How a non-fungible token or NFT serves to verify ownership of a digital asset
Why people are willing to pay $60M for a piece of digital art
How NFTs help artists, innovators and content creators earn royalties for their work
Why Chris and Luke don’t recommend investing in NFTs in their current form but see potential for the asset class moving forward
How we know the blockchain can’t be tampered with
The concept of public-key cryptography and how private keys provide proof of ownership
The idea of a blockchain bank and why they’re willing to pay a much higher rate to use your capital
The pros and cons of converting US dollars into cryptocurrency
Why Luke sees Bitcoin as the global money of the future
What makes Bitcoin the ideal store of value and why it’s superior to both government money and gold
What gives users the confidence that only 21M Bitcoin will ever be made (and why scarcity is so important)
The problem with thinking of money only as a medium of exchange and not a store of value
What gold bugs and Bitcoin bugs have in common
Connect with Chris Campbell Laissez Faire Today
Connect with Luke McGrath Luke on Daily Reckoning
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Chris’ Laissez Faire Today Series on NFTs
‘Beeple NFT Becomes Most Expensive Ever Sold at Auction After Fetching Over $60M’ on CNBC
‘Who Is Collector Justin Sun and Why He Created an NFT of a Work by Picasso’ on Art Rights
ECOMI
‘Jack Dorsey’s First Ever Tweet Sells for $2.9M’ on BBC News
BitTorrent
Jeffrey Tucker
Public-Key Cryptography Article on Wikipedia
James Altucher
Joel Bowman
Bitcoin
Bitcoin Core
‘Tesla Buys $1.5B in Bitcoin, Plans to Accept It as Payment’ on CNBC
MicroStrategy’s Bitcoin Announcement
Coinbase
Gemini
Mike Maloney on the Hidden Secrets of Money
Silver Doctors
Agora Financial
Understanding the Classics affords us a unique lens through which to view modern society and allows us to look at human behavior from a distance.
And all three of my guests are students of the Classics with a special interest in how classical wisdom can help us understand trends in the economy and culture of today.
Dan Denning is the Coauthor of The Bonner-Denning Letter, a monthly publication that covers a wide range of macro and microeconomic topics. Anya Leonard is the Cofounder and Director of Classical Wisdom, a platform that explores how Ancient Greek and Latin literature applies to our lives now. And Joel Bowman is a Contributor to the Daily Reckoning and cryptocurrency expert.
On this episode of The Wiggin Sessions, Dan, Anya and Joel join me to discuss the assault on the Classics and how we might defend classical liberal values in today’s society.
We explore cancel culture’s roots in the Hegelian dialectic, describing how money and technology can be used to control behavior.
Listen in for insight on whether cryptocurrencies are an antidote to bad money or just more frothiness—and find out what we can learn from the Classics about the consequences of present monetary policy.
Key Takeaways What inspired Anya to host an event re: the attack on the Classics and how the discussion was received
Cancel culture’s roots in the Hegelian dialectic and how Antonio Gramsci serves as the modern root of the movement
Anya’s take on the fallacy of cancel culture and how a living canon can evolve without erasing history
How money and technology can be used to control behavior in favor of political values deemed superior to tradition
How Dan thinks about defending classical liberal values in the digital era
The speculative behavior that stems from the advent of any new monetary system
What differentiates government-issued cryptocurrencies from free market offerings (and how to tell the difference)
Who controls the conversations around what money is in a society
The role Bitcoin and other cryptocurrencies play in helping people preserve wealth in Latin America
What four factors give money its value and why there’s no such thing as ‘intrinsic value’
What we can learn from the Classics about the social and political consequences of devaluation and inflation
Connect with Dan Denning The Bonner-Denning Letter
Connect with Anya Leonard Classical Wisdom
The Essential Greeks Course
Connect with Joel Bowman Joel on Twitter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources ‘Are the Classics Under Attack’ on Classical Wisdom
‘He Wants to Save the Classics from Whiteness. Can the Field Survive?’ in The New York Times
Dr. Eric Adler on Classical Wisdom Speaks
The Battle of the Classics: How a Nineteenth-Century Debate Can Save the Humanities Today by Eric Adler
Antonio Gramsci
Dan Denning on the Bonner Private Research Podcast
Dan Denning’s Presentation for the Hayek Institute
As we get more and more polarized here in the US, the opportunity for civil debate seems less and less feasible.
And yet, there is an organization that’s more interested in what is right than who is right. A platform where you can hear both sides of an issue in an open-minded environment.
Dr. Mark Skousen is the economist, bestselling author and nationally-recognized investment expert behind the longstanding Forecasts & Strategies newsletter and the producer of FreedomFest, an independent, nonpartisan festival where free thinkers meet to celebrate great ideas. He currently teaches at Chapman University, where he is a Presidential Fellow at the George L. Argyros School of Business and Economics.
On this episode of The Wiggin Sessions, Dr. Skousen joins me to discuss the idea of gross output, explaining why GO is a better measure of economic growth than GDP.
Dr. Skousen introduces us to the investing approach favored by the Austrian school of economics and describes why Austrian economists believe in Bitcoin and gold as a hedge against inflation.
Listen in for Dr. Skousen’s insight on adjusting your portfolio in the Biden era and learn more about attending the upcoming FreedomFest conference in South Dakota this July.
Key Takeaways What’s missing from GDP and why gross output (GO) is a better measure of economic growth
How GO held up better than consumer spending during the pandemic
Why the government should focus on getting businesses back rather than giving people money
Dr. Skousen’s insight on the benefits of globalization
What differentiates the Austrian school of economics and how Austrian economists have influenced Wall Street
Dr. Skousen’s predictions around inflation and why Austrian economists believe in Bitcoin and gold
How investors should adjust our portfolios in the Biden era
How Dr. Skousen thinks about Reddit nation, Robinhood and the GameStop saga
How big tech is becoming a threat to free speech and why we need the freedom to dissent
FreedomFest’s focus on civil debate that explores both sides of a given issue
Connect with Dr. Mark Skousen Dr. Skousen’s Website
Forecasts & Strategies
FreedomFest
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Books by Dr. Mark Skousen
The Structure of Production by Mark Skousen
US Bureau of Economic Analysis
Dr. Skousen’s Libertarian CEOs Course
A Viennese Waltz Down Wall Street by Mark Skousen
Cathie Wood at ARK Invest
DuckDuckGo
Anthem Film Festival
Reagan
Kevin O’Leary & John Mackey Debate
John Mackey & Bill Bonner on Libertarian CEOs
Conscious Capitalism: Liberating the Heroic Spirit of Business by John Mackey and Rajendra Sisodia
Cato Institute
Atlas Shrugged by Ayn Rand
Agora Financial
The Making of Modern Economics by Mark Skousen
In the early 1990’s, George Gilder was studying the physics of microchips and fiber optics. And in considering how these technologies might interconnect in unexpected ways, he predicted the innovation of the smartphone technology and wireless networks we depend on today.
So, what does America’s #1 futurist see coming down the pike now?
George is the bestselling author of 19 books in the realm of economics and technology. Known as the go-to futurist for Silicon Valley billionaires, George shares his ideas on technological innovation through Gilder’s Daily Prophecy.
On this episode of The Wiggin Sessions, George joins me to discuss his information theory of capitalism, describing how ideas and innovation flourish in a free economy and sharing his critique of Matt Ridley’s How Innovation Works.
George explains why he sees the Chinese as the big challenge of this epoch and shares his experience as an advisor to President Reagan.
Listen in for George’s thoughts on the impact of the pandemic and find out why you should forget about 5G stocks and invest in 15G instead!
Key Takeaways How military strategy and game theory inform George’s work
The difference between qualitative vs. quantitative arms races (and which favors free countries)
George’s insight on the relationship between creativity and surprise
The big idea behind George’s information theory of capitalism
Why free economies generate more creative results
How social issues influence the way George thinks about investing and his thoughts on the pandemic
George’s experience as an advisor to President Reagan and his role in the Strategic Defense Initiative
How George sees China as the ‘big challenge of this epoch’ and why a trade gap does NOT mean we’re losing
What Matt Ridley gets wrong in How Innovation Works
George’s approach to formulating ideas and why he’s most proud of his predictions around mobile systems and Wi-Fi
Why Wi-Fi 6 and 15G are much more interesting than 5G
Connect with George Gilder Gilder’s Daily Prophecy
15G
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy by George Gilder
Wealth and Poverty by George Gilder
Life After Television: The Coming Transformation of Media and American Life by George Gilder
Henry Kissinger
Thomas Schelling
John von Neumann
Hans Morgenthau
Claude Shannon
Kurt Godel
Gregory Chaitin
Unreported Truths About COVID-19 and Lockdowns by Alex Berenson
Reagan’s Strategic Defense Initiative
Peter Navarro
Matt Ridley
Peter Huber
How Innovation Works: And Why It Flourishes in Freedom by Matt Ridley
George’s Critique of How Innovation Works
‘Can Cargo-Carrying Drones Jump Over Air Freight’s Logistical Logjams?’ in IEEE SPECTRUM
2020 was a volatile year. And both the pandemic and the political fireworks around the election have an influence on the value of the US dollar. Does that mean the value of precious metals is on the rise? And can gold still protect your wealth?
Byron King is a Harvard-trained biologist and former aide to the United States Chief of Naval Operations. He is also our resident gold and mining expert and Managing Editor of Whiskey & Gunpowder.
On this pre-election episode of The Wiggin Sessions, Byron joins me to discuss the civil unrest surrounding the 2020 presidential election, explaining what we can learn from history about tearing down a country’s institutions and how the political turmoil might impact precious metals.
Byron shares the underreported story of how China’s factory shutdowns are ‘breaking the supply chain of the world’ and weighs in on why it’s crucial for the US and Canada to build its own rare earth industry.
Listen in for Byron’s insight on what pumping money into the economy means for gold, where all that stimulus money is likely to go, and how long the dollar will remain the reserve currency of the world.
Key Takeaways Byron’s background as a geologist in the oil and gas industry, naval fighter pilot and writer
How the current political environment parallels that of the 1930’s and Byron’s concerns about stacking Congress and the Supreme Court
What we can learn from the French Revolution about the danger in tearing down institutions
Why a country needs its strategic narrative
How Byron thinks about pumping money into the economy—historically and during the pandemic
Where the stimulus money is likely to go (e.g.: real estate, precious metals and paper assets)
Why people moving out of the cities is a long-term trend
The underreported story of how China’s factory shutdowns are breaking the supply chain of the world
Why it’s crucial for the US and Canada to build its own rare earth industry and what makes battery metals the way of the future
How our current circumstances (i.e.: civil unrest, low velocity of money) might impact the value of the dollar and what that means for gold
What might happen to the stock market in the aftermath of the presidential election
How long the dollar will remain the reserve currency of the world
Connect with Byron King Whiskey & Gunpowder
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources John T. Flynn
Garet Garrett
National Industrial Recovery Act
- L. A. Schecter Poultry Corporation v. United States
The Roots of American Order by Russell Kirk
Edmund Burke
Howard Zinn
Federal Reserve Act
Jim Rickards
China’s Embargo on Lockheed Martin
Medallion Resources
Mountain Pass
Piedmont Limited
John Mauldin
Whiskey Rebellion
Bretton Woods System
Go to college. Get a good job. Save for retirement.
The model for living a happy life (or at least a safe one) is crumbling around us. The systems are broken, and doing things the ‘right’ way no longer affords the security we were promised.
So, how do you uncover what IS true and forge your own path? How do you choose yourself?
James Altucher is a former hedge fund manager and bestselling author of Choose Yourself: Be Happy, Make Millions, Live the Dream. His latest release is called Skip the Line: The 10,000 Experiments Rule and Other Surprising Advice for Reaching Your Goals.
On this episode of The Wiggin Sessions, James joins me to describe the heated response to his article ‘NYC Is Dead Forever … Here’s Why’ (including Jerry Seinfeld calling him a putz!) and discuss the devastating consequences of the economic lockdown in New York.
James explains how global demand for the US dollar is staving off inflation for the time being and why the go-to wealth protection asset is shifting from gold to Bitcoin.
Listen in for James’ take on the Reddit/GameStop incident as part of a bigger battle between Silicon Valley and Wall Street and learn how to sift through what’s true and what isn’t to ultimately choose yourself.
Key Takeaways The heated response to James’ article ‘NYC Is Dead Forever … Here’s Why’
The devastating consequences of the economic lockdown in New York City
Why the big businesses that survived the pandemic will recover quickly as the economy reopens this Spring while small businesses may not
What inspired James’ move to Miami and how life in Florida through COVID differs from life in New York
How global demand for the US dollar is staving off inflation for the time being
Why the ‘flight to safety’ is shifting from gold to Bitcoin
James’ take on the Reddit/GameStop episode as one spoke in the wheel of the battle between Silicon Valley and Wall Street
The business models that could come from crypto and blockchain technology
How the media portrayed the GameStop story as part of cancel culture and why James’ sees it as an example of billionaires vs. billionaires
What Choose Yourself teaches about sifting through what’s true and what isn’t to make informed decisions about our lives
How making a commitment to improve by 1% each day compounds over time
What James learned from Adam Grant about how our first reactions aren’t always right
Connect with James Altucher Choose Yourself: Be Happy, Make Millions, Live the Dream by James Altucher
James Altucher’ BIG BET
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Skip the Line: The 10,000 Experiments Rule and Other Surprising Advice for Reaching Your Goals by James Altucher
‘NYC Is Dead Forever … Here’s Why’ by James Altucher
Jerry Seinfeld’s Op-Ed in Response to James’ Piece
The James Altucher Show
Choose Yourself: The James Altucher Story Docuseries
Stand Up NY
Dr. Marty Makary on The James Altucher Show EP560
Jim McKelvey on The James Altucher Show EP576
Jim McKelvey on The James Altucher Show EP635
Casey Research
ARK Invest
Tyler Winklevoss’ Blog on ‘The Case for $500K Bitcoin’
Altucher’s Crypto Trader
Glenn Greenwald’s Article on the Capitol Riot
Adam Grant on The James Altucher Show EP684
Originals: How Non-Conformists Move the World by Adam Grant
Think Again: The Power of Knowing What You Don’t Know by Adam Grant
The Fed appears to have gone full-on MMT, spending like there’s no tomorrow.
But who benefits most from the trillion-dollar government stimulus? What sectors is the administration likely to invest in as we reopen the economy? And how can individual investors leverage these insights to make informed decisions moving forward?
Nomi Prins is a geopolitical financial expert, investigative journalist and consummate Wall Street Insider. Her latest book, Collusion: How Central Bankers Rigged the World, is an expose of the 2008 financial crisis that describes how the influence of central bankers triggered a massive shift in the world order.
On this episode of The Wiggin Sessions, Nomi joins me to explore what the federal government gets right and what it gets wrong when it comes to subsidizing business in a crisis, sharing her take on the advantages of public-private partnerships and the problem she sees with a single, large stimulus relief package.
Nomi discusses what the reopening of the economy will look like and describes what infrastructure is necessary to accommodate our migration out of urban centers.
Listen in for Nomi’s breakdown of the five key areas of investment moving forward and learn how you can take advantage of these trends to be a winner in the post-pandemic economy.
Key Takeaways What behaviors will stay in place as the economy reopens and how the rise of remote work might impact retail investors
Nomi’s insight on the infrastructure necessary to accommodate our new behaviors
How Nomi thinks about the migration out of cities and whether urban centers will come back
Nomi’s take on who the winners and losers will be as the economy reopens
What the federal government gets right and what it gets wrong when it comes to subsidizing business in a crisis
The advantages of public-private partnerships on infrastructure projects
Why the US needs a cohesive infrastructure plan to compete with China (and why it’s unlikely to happen in the current political climate)
Nomi’s response to people who categorically dismiss government investment
The problem Nomi sees with a single, large stimulus relief package vs. separate bills that direct money to specific goals
Nomi’s breakdown of the five key areas of investment in a post-COVID economy—infrastructure, copper, travel/entertainment, 5G and energy.
How individual investors might take advantage of the trends around copper and 5G
Why it’s beneficial for US investors to pay attention to trends in Asia as we make decisions moving forward
Connect with Nomi Prins Collusion: How Central Bankers Rigged the World by Nomi Prins
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources The New Great Depression: Winners and Losers in a Post-Pandemic World by James Rickards
Frankenstein by Mary Shelley
Change Healthcare
The Blacklist
Wynn Las Vegas
Virgin Hyperloop
The way John Schroeter sees it, we can let the future happen to us, make the best of the future as it unfolds, or craft the future for ourselves.
And he contends that we don’t need to be experts to pursue our own vision of the future. In fact, it’s best to approach innovation as a neophyte, limited only by our imagination.
John is the Executive Director of the Abundant World Institute and coauthor of Moonshots: Creating a World of Abundance. He is also the editor of After Shock: The World’s Foremost Futurists Reflect on 50 Years of Future Shock—and Look Ahead to the Next 50, a collection of essays that mark the 50th anniversary of Alvin and Heidi Toffler’s Future Shock.
On this episode of The Wiggin Sessions, John joins me to share his top takeaways from Future Shock, discussing how media consumption influences our optimism for the future and challenging us to consciously create a future of our own design.
John explains how Moonshots evolved beyond the book to become a funding source for new technologies and offers insight on how economic and government policy impacts innovation.
Listen in as John describes his experience working with Richard Branson on Moonshots and find out why naïve, non-experts are usually responsible for the biggest breakthroughs.
Key Takeaways How After Shock was inspired by the 50-year anniversary of Future Shock
John’s top takeaways from After Shock around radical ideas competing for mindshare and the if-then-else exemplar for crafting the future
How John thinks about After Shock in the context of the pandemic and the election
Why people are more fearful of the future today (when we have more reason to be optimistic) than we were in 1970
How media consumption impacts our optimism and why the models perpetuated in the 24/7 news cycle are faulty
John’s take on the ideas in After Shock re: measuring economic growth via productivity and communicating through zero-cost platforms
John’s argument against the idea that we’re victims of our technology
How social media platforms only have the power we give them as subscribers and why John would rather see market influence than government intervention
John’s experience working with Richard Branson and why non-experts are usually responsible for the biggest breakthroughs
How Moonshots evolved out of John’s interview with Naveen Jaim
John’s insight on how economic and government policy impacts innovation
How John’s favorite project in the Moonshot portfolio couples AI with data science to facilitate a new ‘imagination science’
Connect with John Schroeter Abundant World Institute
Moonshots: Creating a World of Abundance by Naveen Jain with John Schroeter
After Shock: The World’s Foremost Futurists Reflect on 50 Years of Future Shock—And Look Ahead to the Next 50 edited by John Schroeter
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Future Shock by Alvin and Heidi Toffler
Popular Electronics, Mechanix Illustrated and Popular Astronomy
Extraordinary Popular Delusions and The Madness of Crowds by Charles MacKay
Gallup Poll on Confidence in Mainstream Media
Richard Branson
Virgin Galactic
Elon Musk
SpaceX
Ranger 3 Moon Mission
Naveen Jain
Moon Express
Juan Enriquez on The Wiggin Sessions EP004
Synthetic Genomics
Joseph Schumpeter
Books by George Gilder
Telecosm: The World After Bandwidth Abundance by George Gilder
NPR Story on Recreational Boating as an Economic Indicator
History doesn’t necessarily repeat itself, but it does rhyme. And looking at current events through the lens of the Classics offers us an opportunity to see the parallels between ancient history and the current news cycle—and question what both sides want us to believe.
Anya Leonard is the Host of Classical Wisdom Speaks and the Cofounder and Director of Classical Wisdom, a platform that applies ancient philosophy, history and mythology to what’s happening now. Anya studied philosophy and history at St. John’s College and earned her MA in Sociology from the University of Edinburgh.
On this episode of The Wiggin Sessions, Anya joins me to explain how Classical Wisdom affords us a deeper perspective on current events, describing how ancient history is just as relevant to our political and economic wellbeing as it was 3,000 years ago.
Anya shares her experience under strict lockdown rules in Buenos Aires, exploring how her point of view on the pandemic is shaped by an understanding of the Classics and her upbringing as a third-culture kid.
Listen in for Anya’s insight on the power of myth around our political leaders (including examples she noticed in the 2020 election) and learn how the Classics can give you an edge in business and beyond.
Key Takeaways Anya’s experience under strict lockdown rules in Buenos Aires
How seasonality and human behavior impacted the COVID numbers in Argentina and when cases there started to drop off
How Classical Wisdom affords us a deeper perspective on current events (e.g.: the pandemic and the US election)
Anya’s take on how ancient history can improve our lives right now
How living outside the US gives Anya a different perspective on the rhetoric of the presidential election
The benefits of growing up as a third-culture kid and how it makes Anya question the validity of ‘just about everything’
The power of myth around political leaders uncovered at the Power & Politics Symposium 2020
Anya’s insight on the myths surrounding the 2020 US presidential election and why we continue to believe in myths to justify our previous actions
How studying the Classics helps us suspend judgement, fully understand both sides of an argument and get to the truth of the matter
Why a willingness to change your mind is not a position of weakness
Why Anya considers philosophy to be a way of life rather than a field of study
How an understanding of the Classics gives us an edge in terms of handling stressful situations and making good decisions
Connect with Anya Leonard Classical Wisdom Weekly
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources How Can We Win an Argument? on Classical Wisdom Speaks
Victor Davis Hanson
Classical Wisdom’s Power & Politics Symposium 2020
A.A. Long
Massimo Pigliucci
Donald Robertson
Gods & Monsters: Myths & Tales by Liz Gloyn
James Romm
Neville Morley
Bonner Private Wines
Classical Wisdom’s Essential Greeks Course
The Iliad by Homer
The Odyssey by Homer
The pandemic accelerated the trend toward remote work, triggering a surge of US millennials in Latin American beach destinations.
So, how might real estate investors capitalize on our ability to work from anywhere? And what other opportunities are available to international investors in the wake of the COVID crisis?
Ronan McMahon is the Founder and Editor of Real Estate Trend Alert or RETA, the premiere membership program for making money through international real estate. Ronan has 20 years of experience finding and reporting on real estate opportunities the world over, and he has been featured in Forbes, Reuters and International Living.
On this episode of The Wiggin Sessions, Ronan joins me to discuss the health of the real estate market in light of the pandemic, describing the wave of remote workers moving to Latin American markets and the development opportunities in places like Cabo, Tulum and Panama City.
Ronan shares the fire sale opportunities he took advantage of after the last global economic crisis and offers advice on where in Europe to focus your short-term rental investments.
Listen in for Ronan’s insight on the tax advantages of investing in certain international markets and learn how to build your own expatriation strategy through real estate investment.
Key Takeaways The international real estate opportunities Ronan shares with RETA members
How Ronan bought real estate at 80% off in Spain and Ireland after the global financial crisis
How Ireland’s real estate and corporate tax system influences foreign direct investment in the country
Ronan’s insight around development opportunities in Panama, Cabo and Tulum in the wake of COVID and the surge of millennial remote workers in Latin America since the pandemic
How Ronan is capitalizing on Panama’s tax credit for developers
How Ronan’s team replicated the members-only tour experience with video during COVID
Why Ronan recommends investing in high-STR-demand areas in Italy (e.g.: Rome, Venice)
How currency appreciation in COVID doubled investors’ buying power
How a lifestyle buyer might use a property for rental income, capital gains or as their residence
The financing available to real estate investors in Latin America and Europe
The benefits of Golden Visa programs like that of Portugal and Uruguay
RETA’s resources for creating an expatriation strategy and tax planning on an international level
Why buying property is tricky in Asia (and what countries DO allow ownership rights to foreign investors)
How Ronan leverages the China effect to make decisions about where to invest
Connect with Ronan McMahon Real Estate Trend Alert
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Bonner and Partners
Enterprise Ireland
Portugal’s Golden Visa Program
Uruguay’s Golden Visa Program
RETA Virtual Event: My Formula for Freedom
We’re raised to believe that right and wrong are fixed concepts. But the truth is, ethics change over time.
And technology moves the goalposts on what we consider to be ethical behavior.
Juan Enriquez is a leading authority on the economic impact of life sciences on business and society, and as Managing Director of Excel Venture Management, he sits on the boards of innovative healthcare startups like Openwater, WellDoc and Zipongo. Juan is the bestselling author of As the Future Catches You: How Genomics & Other Forces Are Changing Your Life, Work, Health & Wealth, and his latest release is called Right/Wrong: How Technology Transforms Our Ethics.
On this episode of The Wiggin Sessions, Juan joins me to share his fears around antibiotic resistance in the aftermath of COVID-19 and discuss how the pandemic exacerbated the political and societal divisions he predicted in The Untied States of America as a long-term consequence of the financial crisis.
Juan describes the synthetic genomics powering our future, explaining how factory and agricultural systems are likely to transform in what he calls the Century of Biology.
Listen in for Juan’s insight on reinventing the American Dream and learn how technology changes our perspective of right and wrong—and why we need to judge our ancestors and each other through a lens of context and grace.
Key Takeaways Juan’s fears around antibiotic resistance in the aftermath of COVID and the possible return of diseases like dengue, tuberculosis and malaria
How the pandemic accelerated trends around debt, inequity, societal division and risk-taking in the financial markets
How Juan predicted the political and social divisions we’re experiencing now as long-term consequences of the financial crisis
How technology changes our perspective of what is right and wrong (and why we need to judge our ancestors with context and grace)
What happens when societies or religions don’t support and adapt to innovation
Juan’s take on the evolution of capitalism and the need to reinvent the American Dream in a digital age
The work Synthetic Genomics is doing to edit genes within bacteria to produce methane (and how it benefits the environment)
The race between quantum computing and the biological storage of information
How the factory system and agriculture are likely to transform in what Juan calls the Century of Biology
How Excel Ventures enables entrepreneurs to solve big problems (i.e.: healthy food systems, medical imaging, diabetes management, etc.)
What Juan looks for in a healthcare or life sciences company and the startups that are part of his portfolio
The four factors that influence healthcare costs and why prevention vaccines are one of the most effective uses of public dollars
Why it’s dangerous to short-circuit the clinical trial process for vaccines for political purposes
Connect with Juan Enriquez Excel Venture Management
Right/Wrong: How Technology Transforms Our Ethics by Juan Enriquez
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Evolving Ourselves: How Unnatural Selection and Nonrandom Mutation are Changing Life on Earth by Juan Enriquez and Steve Gullans
As the Future Catches You: How Genomics & Other Forces Are Changing Your Life, Work, Health & Wealth by Juan Enriquez
The Untied States of America: Polarization, Fracturing and Our Future by Juan Enriquez
Synthetic Genomics
Openwater
WellDoc
Zipongo
Orionis Biosciences
InfoBionic
Mary Lou Jepsen’s TED Talk
Moderna
Regeneron Pharmaceuticals
Gilead Sciences
INOVIO Pharmaceuticals
In response to the pandemic, governments around the world have been printing money to the tune of approximately $15 trillion.
But the problem with spending money into existence is that it leads to inflation. And once inflation gains traction, will our central bank be able to control it?
What can we do as investors do to survive a sustained period of hyperinflation?
Graham Summer is the Chief Strategist at investment advisory firm Strategic Impact and author of The Everything Bubble: The Endgame for Central Bank Policy. In the last 15 years, Graham has built a reputation as a highly sought-after investment strategist and expert on the Federal Reserve, and he shares his insights daily through the eNewsletter Money & Crisis.
On this episode of The Wiggin Sessions, Graham joins me to discuss the Fed leadership’s view that policymakers should steer the economy and share his take that they’re looking for politically sound reasons to keep printing money.
Graham explains how the combination of supply shock and the pandemic stimulus are already triggering inflation, describing why the stock market loves inflation (at first) and what the central bank will do when faced with the decision to either defend bonds or strengthen the dollar.
Listen in for Graham’s insight on investing in aggressive-growth companies and learn how he leverages an understanding of politics and Fed policy to help clients develop a winning investment strategy for the emerging economic environment.
Key Takeaways Graham’s take on the government response to the pandemic and how it was influenced by politics
The Fed leadership’s view that policymakers should steer the economy and Graham’s view that they’re looking for a politically sound reason to keep printing money
Why Graham predicts a stagflation event similar to what happened in the 1970’s in our near future
What will prevent the US from experiencing an economic collapse like that of the Weimar Republic after WWI
How sending stimulus checks directly to consumers combined with supply shock is likely to trigger a nasty round of inflation in the next 12 to 18 months
What we mean by ‘velocity of money’ and Graham’s argument against the idea that velocity aligns with inflation
Why Graham sees the pandemic stimulus as an ethically contentious issue and how it differs from the bailouts in 2008
How stocks love inflation initially—and when things will start to get ugly and trigger a prolonged, multiyear bear market
The question around when the Fed will finally cross the Rubicon and why they’re likely to choose defending bonds over raising rates to strengthen the dollar
How Graham formulates an investment strategy and why he’s looking at mining stocks, aggressive-growth companies and cloud-based technologies right now
How Strategic Impact analyzes how markets will react to policy decisions and helps clients deploy capital accordingly
Connect with Graham Summers Strategic Impact
Money & Crisis
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources The Everything Bubble: The Endgame of Central Bank Policy by Graham Summers
Jervois Mining
Twilio
When there is a rotting at the center of government, people lose faith in the system and move toward radical solutions. And we don’t have to look far to find examples of this in the US today.
So, what are the potential consequences of this fundamental change in our politics? Do we need to find a safe haven outside the US? And how might we change the system so that it’s less barbaric and more honest?
Bill Bonner is the Founder of Agora Financial and the bestselling author of several books, including Empire of Debt and Financial Reckoning Day. Bill’s latest release is called A Modest Theory of Civilization, and he publishes a daily newsletter at Rogue Economics, Bill Bonner’s Diary.
On this episode of The Wiggin Sessions, I sit down with Bill to discuss his safe haven in Argentina through the Coronavirus lockdown and why it’s not a bad idea to have a ‘bolt hole’ outside the US.
Bill explains why people shift to extreme views when society is corrupt at the center, describing some of the political ideas we’re willing to entertain today that would have been laughable just a few years ago, including invoking the 25th Amendment and printing trillions of dollars for a stimulus package.
Listen in to understand the concept of win-win or lose Bill presents in A Modest Theory of Civilization and learn what he is doing right now to build and preserve generational wealth.
Key Takeaways Bill’s experience in lockdown at his ranch in Argentina and the case for having a ‘bolt hole’ there
The political ideology of South America’s gauchos and why it’s impossible to work against these self-declared originaries
Bill’s insight on why people move to extremes when society is corrupt at the center
How the current circumstances in the US parallel Germany after World War I
Bill’s take on the comedy of a stimulus package and how there’s no evidence that printing money actually stimulates an economy
The political ideas we’re willing to entertain today that would have been laughable just a few years ago (i.e.: stacking the Supreme Court, invoking the 25th Amendment, etc.)
What Old Democrats and Old Republicans stood for and how politics has changed in a fundamental way
The justification for modern monetary theory and why it’s a fraudulent system
The concept of win-win or lose Bill presents in A Modest Theory of Civilization
Why Bill sees politics as a fundamentally barbaric institution and how a progressively bigger government impacts citizens
Bill’s projects around building generational wealth, Blackwater River Press and Woodlock House Family Capital
Connect with Bill Bonner Bill Bonner’s Diary
Connect with Addison Wiggin Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Agora Financial
Doug Casey
As We Go Marching: A Biting Indictment of the Coming Domestic Fascism in America by John T. Flynn
A Modest Theory of Civilization: Win-Win or Lose by William Bonner
Woodlock House Family Capital
Chris Mayer
Daniel Denning at Blackwater River Press
Between the growth of government and rampant deficit spending, we were woefully unprepared for the pandemic. And by the end of 2021, the US is likely to hit $30 trillion (with a T) in national debt.
So, what does this mean for you and me? How long will it take the economy to recover in a post-pandemic world?
What do we need to know to survive and maybe even thrive in this Empire of Debt?
On this inaugural episode of the podcast, I’m explaining how my efforts to make sense of what was happening as the pandemic unfolded inspired the creation of The Wiggin Sessions and discussing the themes we’ll explore on the show around economics, philosophy, history and politics.
I share my background in forecasting economic trends, describing how the book Empire of Debt and the film I.O.U.S.A. predicted the collapse of the financial markets in 2008—and how ongoing deficit spending (exacerbated by the pandemic) is likely to impact the average American moving forward.
Listen in to understand how the policy response to COVID will inform the economy for years to come and learn how to preserve and grow your wealth through an extended period of low or negative economic growth.
Key Takeaways How my efforts to make sense of what was happening as the pandemic unfolded inspired The Wiggin Sessions
My collaboration with Bill Bonner to illustrate how we saw politics, the economy and financial markets unfolding
The in-depth study of booms and busts as well as demographic trends detailed in Financial Reckoning Day
How Empire of Debt predicted the collapse of the financial markets in 2008
The consequences of the rising deficit as explained in my documentary I.O.U.S.A. (and how Warren Buffet took the air out of our sails at the film’s premiere)
James Rickards’ forecast re: the US’s growing national debt and the massive inflation the deficit is likely to trigger
The themes we’ll explore on the podcast around science, health, personal finance, communication and tech innovation
The extended period of sustained low or negative economic growth precipitated by the pandemic and what stocks will weather the storm ahead
How we can use macro ideas re: politics and the economy to pick assets that will preserve existing capital and help you grow wealth
My take on network news and how The Wiggin Sessions will be different in terms of helping you make informed decisions
Connect with Addison Wiggin Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources Consilience Financial
5 Min. Forecast
Bill Bonner
Financial Reckoning Day: Surviving the Soft Depression of the 21st Century by William Bonner with Addison Wiggin
The Daily Reckoning
Empire of Debt: The Rise of an Epic Financial Crisis by William Bonner and Addison Wiggin
I.O.U.S.A. Documentary Film
IOUSAtheMovie on YouTube
Government Accountability Office
George Gilder on The Daily Reckoning
Ray Blanco on The Daily Reckoning
James Rickards on The Daily Reckoning
The New Great Depression: Winners and Losers in a Post-Pandemic World by James Rickards
Zach Scheidt