âTechnology is nothing. Whatâs important is that you have faith in people, that theyâre basically good and smart, and if you give them tools, theyâll do wonderful things with them." [Wiggin Sessions] April 19, 2022 Conceived in a Pandemic, During a Tornado Warning "Technology is nothing. What’s important is that you have faith in people, that they’re basically good and smart, and if you give them tools, they’ll do wonderful things with them." — Steve Jobs [Addison Wiggin]Dear Reader, Not long ago, I had an epiphany. One that will give you access to some of the smartest economic and financial minds in the industry. The scene: In the HQ of our offices in the Mount Vernon district of Baltimore is a room we call the Fishbowl, so named because one wall is made entirely out of glass. An etching on the door reads, “Thinker Space: Ideas Welcome!” Inside is a Harkness table, invented by a teacher at Phillips Exeter Academy in New Hampshire. The table is designed to encourage creative discussion; from any one vantage point we can challenge each other face-to-face. Ideas are the lifeblood of a publishing business. Good ideas — a successful trade or investment thesis, for example — require thoughtful analysis and hard work to develop. You have to “unpack” the ideas a little and “beat them up”... It is in the Fishbowl, while on lockdown during the pandemic, that The Wiggin Sessions were conceived. Since the beginning of the pandemic, I’ve spent my time keeping in touch with my global network of contacts, including: - Bestselling authors and world-renowned stock & options traders... - Ground-breaking scientists on the front lines of the pandemic... - CEOs of top media and retail corporations... - Economic forecasters with incredible trend-following insights.... - The sharpest marketers on the Internet... - Prophets of lifestyle and ways to not only survive but thrive during the pandemic... - And many more! For more than a year and a half, I’ve conducted an endless parade of one-on-one conversations with some of the most acclaimed and independent thinkers in finance, economics, tech and history that I know. No topic is off-limits: the pandemic lockdowns... the macro-economy… the death of the dollar... Modern Monetary Theory (MMT)... critical race theory, protests and riots... Gramsci’s “long march” through the institutions, Marxian Revolutions… the irrational skyrocketing stock market… vaccines, mask mandates and variants… the billionaire space race… At first I just wanted to keep in touch, stay informed and brainstorm new secrets and strategies for helping my readers enjoy healthier, wealthier and more productive lives. Like the conversation with Marc Faber at the Vancouver bar I talked about yesterday, the information my contacts were dishing out proved too valuable to keep to myself. So I started recording these interviews and sharing them with my company’s highest echelon of loyal subscribers. Each interview introduced stories that the mainstream media had gotten wrong… if not completely ignored. “No, let me tell you what’s really going on,” was (and is) a common refrain among my guests For instance, my viewers got to hear the truth behind the bizarre and sudden surge in the U.S. Global Jets ETF (JET) while most airlines and foreign countries were on lockdown. They also got all the details on a tech company that delivered 834% gains this past July. And they got the inside scoop on a thriving corner of the commodities market that had delivered 335% gains in two years. The plan was to continue reserving these in-depth discussions for our elite subscribers — readers who had shelled out thousands of dollars to receive just about everything we publish. But then it happened. Just after I finished writing up my latest interview from the Fishbowl, a colleague and I were getting ready to go home. Suddenly an obnoxious alert buzzed on my smartphone, then on his: Tornado Warning in the area until 8:00 PM. We were advised to shelter-in-place. Seemed appropriate for the current state of the economy and markets... It being Friday, we popped open a bottle of wine and started drawing up ideas on the 14-foot whiteboard adorning one wall of the Fishbowl. Our chat led to a realization. Up and until then, we’d been so focused on how the pandemic and policy response was affecting our business that we lost sight of how everything was affecting our most important resource — you, the reader. When the market fell 17.3% on March 20, 2020, in response to the lockdowns, we did the same thing we’ve done for over 20 years — research, write and publish ideas to address serious challenges you face in your daily life. On that fateful day in the Fishbowl, however — amid the pandemic lockdowns, sheltering during a tornado warning — we conceived of a whole new model to include you in the development and implementation of those ideas. By the time the warning was lifted, we had developed a full plan for helping even more people — like you! — build their wealth in today’s world. And to help you navigate the unprecedented challenges, we turned to the braintrust we’ve always relied on for good advice — the intelligent, experienced men and women who make up my global network. Here's a montage of what you can expect: [Click here to learn more]( "Inflation, War, Rotten Politics: What happens when the money goes bad?" [Click here]( to find out. Building a Community of Like-Minded People People often ask how an everyday guy like me managed to wrangle together some of the best financial minds in the business. In some cases, all I had to do was check my email inbox. Back in 2002, for instance, Bill Bonner and I were trying to help our Daily Reckoning readers untangle Wall Street’s many accounting scandals. Our main targets were the lies spewing out of corporate offices. But a reader’s email convinced us that the situation was much more dire than we realized. Signed “BWK,” the email patiently connected companies’ overstated earnings to grade inflation at prestigious universities. Then he explained how it was all part of systemic problems in our society, tying it to things like 9/11 attacks and even military blunders in Afghanistan. “The heart and soul of the bear market,” his letter ended, “is the consequence of a culture at war with itself over absolute standards.” And remember, this was 2002. We were so impressed with his thoughts that we published them in [The Daily Reckoning](. And it soon became clear that this reader, who we came to know as Byron King, was an endless fountain of experience and insights. He was a bankruptcy lawyer at the time, so he had a front-row seat to the devastation of the tech bubble. He was also a veteran — a former Navy pilot who earned a degree from the Naval War College. He’d even been an aide to the United States Chief of Naval Operations. That made him a go-to expert on historical and military matters. And he was a Harvard-trained geologist, able to translate the jargon from precious metal miners and oil drillers. We were soon publishing so much of Byron’s work that we started calling him our “unpaid contributor.” Not long after, we dropped the “un” and gave him a platform for discussing history, law and natural resources. I’ve even interviewed him several times for The Wiggin Sessions — recording exclusive conversations that, until now, have only been available to our most loyal subscribers. You may know that Dave Gonigam also began as a reader… and is now the editor of [5 Min. Forecast](. Then there’s Chris Mayer, who wrote several newsletters and books for us before landing a job as portfolio at Woodlock House Family Capital. There are two big takeaways here… Byron’s story is a great example of how much I value people’s feedback. So if you ever have any thoughts about The Wiggin Sessions, I urge you to share them with me at WigginSessions@5minforecast.com. In a similar way, I have developed a strong relationship with Jim Rickards (and heed his warning that we’ve entered the New Great Depression); George Gilder for his futurist take on Life After Google; and James Altucher on why the pandemic was and remains the perfect catalyst to reinvent yourself. Then there’s Bill Bonner and his Modest Theory of Civilization… U.S. Global Investors CEO Frank Holmes discussing the road to $10,000 gold… OfTwoMinds.com’s Charles Hugh Smith on how to keep the elites from stealing your wealth… and more than 50 others. Since the pandemic began, we’ve been writing every day, recording and sharing the best insights our network had to offer. We developed a platform, including a podcast and social media, and incorporated our best publishing offers. Now, after a little more than a year of development, The Wiggin Sessions are ready for prime time. As you’ll see, post-pandemic, there will be no return to “normal.” To overcome the challenges we’ve outlined, we believe we’ll need fresh ideas, a return to innovation and creative risk-taking. You’ll need the advice of a strong-minded network of people who aren’t afraid to challenge the status quo and offer aggressive alternative modes of action... We believe in encouraging alternative opinions and the right to network with whom you want, when you want, where and how... More tomorrow on why you can trust us to guide you through whatever happens next. Follow your bliss, [Addison Wiggin] Addison Wiggin
Founder, The Wiggin Sessions P.S. The power is in the network. And the result is wisdom. There is more than enough information in the world, especially with the internet at our fingertips. To harness information and make it useful, you don’t just need good judgment — you need the wisdom of experience and foresight. Follow the Wiggin Sessions on Social Media! [Facebook Group]( [Twitter]( [Instagram]( [YouTube]( [LinkedIn]( [The Financial Reserve]The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Consilience, LLC. delivering daily email issues and advertisements. To end your The Wiggin Sessions e-mail subscription and associated external offers sent from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at support@5minforecast.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2022 Consilience, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Email Reference ID: 400WIGED01