Everyone & Their Mother

The desire of gold is not for gold. It is for the means of freedom and benefit. [Unsubscribe]( [Wiggin Sessions] August 31, 2022 Everyone & Their Mother "The desire of gold is not for gold. It is for the means of freedom and benefit." — Ralph Waldo Emerson [Addison Wiggin]Dear Reader, “Everyone and their mother is saying, ‘Buy Gold! Buy Gold!’” writes reader Tony F. “I’ve been hearing this for the last couple of years now. Meantime, in reality, gold doesn’t seem to hold up against anything. Its price keeps falling! Is there anyone out there who knows when the price of gold will rise, short-and-sweet without a bunch of hogwash?” Thanks for the write-in, Coach. I hear you. A comment from our YouTube video with Rickards ([watch it here]( says the same thing, a little more bluntly: [Click here to learn more]( You guys are right. There is a lot of hand-wringing over inflation. It feels like gold should be taking off. But that’s just not how the geopolitical mechanism works. I refer you to [Matthew Piepenburg’s Session]( Gold will rise. To me, it's like a Thanksgiving turkey. If you're a turkey on a farm and the farmer's feeding you every day, things feel great, but that farmer isn't your friend come November. And I know that turkey's going to get his head cut off around Thanksgiving. I know gold is going to take off at some point. That doesn't matter to me when I want to have that turkey. I want to have that in my portfolio. If you’re looking at gold prices day to day, you will be disappointed. “That's not enough for a lot of people,” Piepenburg continues. Like any other investment, precious metals like gold could go down in value. Though its historical performance has shown it to be one of the safest investments, there is always some level of risk. People often brandish gold as the #1 hedge against inflation and deflation… But the chart below shows that gold’s price year-over-year has very little correlation with CPI data. [Click here to learn more] Data from Q1 1971 to Q4 2020. Coloured dots refer to periods of ‘high’ CPI y-o-y and high gold returns. The purple dots refer to occurrences between Q2'73 and Q3 '80, the green dots to occurrences between Q4 ’07 and Q2 ’08. (Source: Bloomberg, World Gold Council) Translation: It’s more complicated than a simple hedge. Rather, we buy gold as insurance, not as a speculation. “The goal is a rising cork in an inflationary market,” Piepenburg concludes. “It'll certainly get the last laugh.” Follow your bliss, [Addison Wiggin] Addison Wiggin Founder, The Wiggin Sessions P.S. Piepenburg says gold is being “openly manipulated in over-the-counter markets and futures markets, the OTC forward contracts, futures contracts, the bullion banks.” That’s a completely different story… [You can find his explanation here](. Mind you, even despite market manipulation, gold serves its purpose as a protector of wealth and a quality asset in a diversified portfolio. “At this point,” Piepenburg continues, “It’s about preservation, not gain.” --------------------------------------------------------------- Sponsored by Rogue Economics Strange Force Coming for American’s Savings? (Prepare Now) [Click here to learn more]( A strange phenomenon is washing over America… (NOT inflation, rent increases, gas, groceries, political division, or a pandemic) And former Goldman Sachs managing director and best-selling author, Nomi Prins, says: “A reshaping of our global financial system has[ignited a $40 trillion transfer of wealth from the middle class to the rich…]( that could forever split the entire nation into two groups: ‘the new rich’ or ‘the new poor' – you will have to make a choice.” Because the world’s most powerful groups: MIT, The Gates Foundation, The United Nations, Visa, 77 global Governments, the world’s most powerful group of unelected officials, and a [new Executive Order from President Biden…]( Are igniting a financial event that could soon transfer $40 trillion of middle-class wealth – your savings – funneled to the rich. [Click Here For The FULL Story.]( 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