A Long-Needed Breather

Tough week. If you’re looking at markets. And if you’re looking at your own money. [The Wiggin Sessions] October 01, 2022 [WEBSITE]( | [UNSUBSCRIBE]( A Long-Needed Breather “Rest and be thankful.” - William Wordsworth [Addison Wiggin] Addison Wiggin Dear Reader, Tough week. If you’re looking at markets. And if you’re looking at your own money. Next week, we will talk more about the Nord Stream sabotage, plus the energy crisis and its threats to food security with Mark Rossano. Stay tuned, and follow your bliss… In the meantime, you can find all the missives we sent out this week, below. --------------------------------------------------------------- 26 September 2022 [Inside the Financial Contagion]( [Click here to learn more]( “The financial markets are trading based on what they see the Fed doing,” we observed in [this week’s Session with Nomi Prins]( “but the impact on the ‘Real Economy’ is even more direct. It’s impacting real people trying to finance their own lives.” While there’s no sign of panic in our everyday lives yet, the danger is that what Nomi calls “[financial contagion]( will set in. [Continue reading…]( --------------------------------------------------------------- 27 September 2022 [Indefinite Finance & The Real Economy]( [Click here to learn more]( In the end, writes Peter Theil, “Companies try to increase their share price by generating free cash flows. If they do, they issue dividends or buy back shares and the cycle repeats.” “At no point,” says the billionaire tech guru turned political strategist, “does anyone in the chain know what to do with money in the real economy.” There’s that phrase again. [Continue reading…]( --------------------------------------------------------------- 28 September 2022 [Stack Your Firewood]( [Click here to learn more]( The Russians fleeing their own version of “the draft” may be dashing headlong into a nightmare winter in Europe. “By the close of this year in Europe,” [Bill Bonner said in our most recent Session]( “they're expecting a very, very bad winter because people don't have gas.” We published these comments three weeks before the pipelines were damaged. The incident only inflames the conflict. “They don't have energy,” Bill says, speaking to us from Ouzilly, his home four hours south of Paris. “The price of electricity in Europe today, and I'm right here, is priced as though oil were trading at $1,000 a barrel. That's pretty darn expensive.” [Continue reading…]( --------------------------------------------------------------- 29 September 2022 [A Tiger By The Tail]( [Click here to learn more]( An age-old debate. A modern dilemma. “If the current level of output and employment is made to depend on inflation,” wrote the economist Friederick von Hayek, “a slowing-down in the pace of inflation will produce recessionary symptoms.” “Moreover,” Hayek continues, “As the economy becomes adjusted to a particular rate of inflation, the rate must itself be continuously increased if symptoms of a depression are to be avoided: to inflate is to have ‘a tiger by the tail’.” [Continue reading…]( --------------------------------------------------------------- 30 September 2022 [Weighing The Costs]( [Click here to learn more]( Another article accuses: “You have no idea how bad Europe’s energy crisis is.” We beg to differ. There is a reason Tom Dyson from Bonner Private Research has made the 2020’s Trade of the Decade long oil and natural gas. The War in Europe undermines the play for green energy. After much proselytizing on the part of the EU, the harsh reality of a coming “Nightmare Winter” is revealing that the EU spread themselves too thin with their promises of going green. We agreed with this week’s guest on The Wiggin Sessions, Nomi Prins, that “you can’t simply flip a switch and go from dirty energy to green.” The technology is not there. The resources are not there. And winter is fast approaching. [Continue reading…]( --------------------------------------------------------------- Enjoy your weekend, [Addison Wiggin] Addison Wiggin Founder, The Wiggin Sessions P.S. I usually read Reader Mail over the weekend and try to work it into the next week’s missives. If you want to write to me directly, with questions or comments, you can by clicking [here](mailto:WigginSessions@5minforecast.com). Sponsored by Legacy Research Contagion Alert: America’s Next Distortion [Click here to learn more]( According to Nomi Prins, contagion is about to strike America’s financial system. It happened in 2001, 2008, and 2020 – but this time, it could happen on a scale so vast most are completely unprepared for the chaos ahead. Nomi says this distortion could hand you up to 10x if you know what’s coming. She’s just posted a replay of her ‘Enron 2.0’ event to help Americans prepare for the worst – and to show them how to turn this distortion into the opportunity to make as much as 10x with her new strategy. [Click here now to see the full ‘Enron 2.0’ replay.]( Ed note: Got something to say? Send your feedback to The Wiggin Sessions [here.](mailto:WigginSessions@5minforecast.com) LISTEN ON [The Wiggin Sessions]( 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.