âFar more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.â [Wiggin Sessions] April 29, 2022 While Rome Burns⦠Stream Netflix! âFar more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.â â Peter Lynch [Addison Wiggin]Dear Reader, Netflix is down 67% year to date. But noted stock analyst Ryan Reynolds is recommending it in the “Stock Draft” being hosted currently by MSNBC. Here’s some video to go with the story: [Click here to learn more]( Scenes like this leave us flummoxed. We have to be in a bubble — don’t we? — if Ryan Reynolds is participating in a “stock draft” on MSNBC? And recommending Netflix? Tech stocks have been getting hammered for four weeks straight. I’m fairly confident Reynolds is known for his comedic roles, not for his value investing approach to the stock market. We had a lengthy discussion this morning with our friend Sean Ring from the Rude Awakening. He said the U.S. GDP looks like a train wreck too. It’s down almost 8% annualized in the first quarter of 2022 from what we saw in the fourth quarter of 2021. The numbers are always confusing and can be twisted like the legs of a Yoga instructor…we got ourselves a real pretzel pose. One breath of fresh air behind all the data? Government spending as a % of GDP is down almost 39%, again annualized… meaning the economy is actually returning to numbers that reflect reality, not just inflated b.s. trying to approximate what life would have been like if the government hadn’t shut the economy down during the pandemic in the first place. All said and done, perhaps [we need the adults to come back in the room]( as Byron King suggested while talking about our childish TikTok woke culture and the real world currency wars happening off the internet [a few weeks ago](. Who’s sitting at the adults table? We asked [Jimmy Soni]( our guest this week on WIggin Sessions, what Elon Musk and Peter Thiel are investing in right now. “There’s a renaissance happening in the world of nuclear energy,” says Mr. Soni, “that's different from what we've seen in the past. When these people – who are in the business of evaluating companies – and shaped by the PayPal experience and a lot of what it seems to me that comes out of the PayPal… it’s probably a good idea to listen.” [Click here to learn more]( What are the entrepreneurs who built PayPal investing in now? Let’s have a listen to Jimmy Soni who talked to them all, [here](. Jimmy is recommending nuclear. Justin, our friend, [recommends uranium](. James is recommending lithium miners. Jeff (Bezos) and his buddy down the street, Bill Gates, are [buying up cobalt reserves off the coast of Greenland](. Nuclear, lithium and cobalt…all are green. All are getting headlines. They all have the potential to boom because of the electric car industry. As James West said in his Wiggin Session, [“commodities are the original asset class.]( Looks like the original assets are proving to be rare and valuable once again. Although, we may want to bounce our idea of Ryan Reynolds first, what do you think? Follow your bliss, [Addison Wiggin] Addison Wiggin
Founder, The Wiggin Sessions P.S. Of course, we know Elon is buying Twitter, too. It’s hard to have a pulse and not talk about the translation. My tennis buddies (the Tennis Buddy Indicator – TBI) were all atwitter themselves about Musk’s next move this morning. Musk sold $4 billion worth of Tesla shares to cover his portion of the $44 billion dollar bid. The S&P 500 is already down 12% for the year on these kinds of moves. The Only Monthly Newsletter Devoted to Uranium Equities As the editor of [Uranium Insider Pro]( Justin Huhn covers all the "macro factors" that impact uranium prices. He also maintains a list of 10 uranium equities that he believes offer the best risk/reward. In fact, since he started the list two years ago, the stocks he’s tracking have generated a +335.9% return – versus a 27.4% increase in the price of uranium in the same time. Learn more about Justin’s monthly updates and "time-sensitive" intra-month bulletins [here](. Ed. note: Got something to say? Send your feedback to The Wiggin Sessions, [here.](mailto:WigginSessions@5minforecast.com) 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