âThe most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them alreadyâ¦â
â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â September 6, 2023 |  [View Online]( |  [Sign Up]( Rapid Intensification âThe most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him.â âLeo Tolstoy , In the August heat, Jennifer and I drove down the Western Shore of the Chesapeake, randomly looking at properties along the water, stopping for fried pickles and steamed shrimp at the Rumor Reel, a localâs marina in Pasadena, Maryland. Nearby, down a charming single lane country road, we happened on a house for sale for $1.2 million. It sits on three quarters of an acre. What makes it interestingâand priceyâis the location. To the east the land sports a dock directly on the Chesapeake Bay. To the west lies another dock on a large inland lake, great for fishing and kayaking. The house itself is a dump. Given you budget youâd raze the sad, forgotten structure and build a new one. Whatâs there now hasnât been updated in probably 50 years. CONTINUED BELOW... POWERED BY REPUBLICAN METAL COMPANY Goldâs Greatest Bull Run Yet Is Coming Now is the time to secure your financial future with gold and precious metals, because in the very near future gold could skyrocket off the charts. In our Precious Metals Investment Guide, we show you the smart and safe way to invest in gold now before the coming bull-run. Youâll find out how to grow your retirement savings as gold takes off once again. [Get your FREE Gold Guide now](. CONTINUED... On the pond side, thereâs a three car garage that would be perfect for a loft for visitors⦠or a bungalow in which to type words while the sun sets. Later in the day, when we showed a picture of the property to our 20-year old son, Augie, the first words out of his mouth were: âDad, why? That place will be underwater in 10 years.â Heh. Heâs not wrong. Somehow kids get stuff intuitively that takes a blunt strike to the cabeza for their elders to grasp. The Chesapeake doesnât often get direct hits from hurricanes. The last one, Isabel, whipped up the bay in September 2003. The storm surge alone reached 8 feet. That would be enough to soak our little abode up to the second floor. Looking at storm data going back to 1950, the Chesapeake gets several tropical storms a year with surges between 2-5 feet. Again, enough to flood the bungalow. Flood insurance alone will give you pause for owning and building on the land. Thereâs new construction on either piece of the plot with 10-12 foot stilts.  Last week, Hurricane Idalia made landfall as a Category 3 in the Big Bend region of Florida. The storm surge it brought with it peaked at 16 feet. A surge like that would drown our sad shack along the Chesapeake. It would be completely underwater. Idalia, since weâre on the subject, experienced what meteorologists call ârapid intensificationâ defined as an increase of at least 35 mph within a 24 hour period. Tuesday morning, Idalia was a Category 1 hurricane with 75 mph sustained winds. By Wednesday, less than 24 hours later, it was a âmonstrousâ Category 4 with sustained winds of 130 mph. The cause? This year, the average surface level of the Gulf is 2.6 degrees Fahrenheit above normalâmore than 1 degree higher than the previous record. As far as my armchair meteorological knowledge goes, warmer water helps storms intensify faster because it evaporates faster and rises more quickly. The more evaporating water rising, then cooling when it hits the atmosphere, the more quickly it fuels a nascent storm. Even after the storm began to weaken to a Cat 3, the storm surge was already barreling toward Keaton Beach, where the eye landed on August 30th. Itâs worth me making a short public service announcement here. Yes, I am dipping my toe in the hot water of the climate âdebate.â Anyone who follows climate politics knows itâs not really a debate at all. As far as the United Nations is concerned âglobal warming and the depletion of the ozone layerâ became a prominent issue in 1988. Since that time, âglobal warmingâ, which didnât work very well as a marketing term, morphed into the all-encompassing, and somehow more acceptable brand âclimate change.â You wonât find a news report about Idalia on CNN, Fox, New York Times or any other mainstream source that doesnât blame her rapid intensification, with mind-numbing lackadaisy, on climate change. Could El Nino be causing rising surface level temperatures in the Gulf? Maybe itâs due to a natural cycle. It doesnât matter⦠âclimate changeâ is a useful term for journalists telling a story because it allows them to fill a gap in their research they know most people will just accept. Maybe Iâm cynical. But anytime thereâs such widespread acceptance of a term like that it makes me go âhmmmn.â Iâve been fascinated by the topic since accompanying my friend John Englander, CEO of the Rising Seas Institute, to Greenland last year to see with my own two baby blues melting glaciers. They are, in fact, melting. You can see the evidence scraped along the fjords where the existing glaciers have receded. The trip to look at glaciers and giant icebergs makes for a fun cultural excursion, as well as a scientifically educational one. The town where we camped is Illusiat, Greenland, home to the Inuit and generations of vikings. To get there you have to spend some time in either Copenhagen, Denmark or Reykjavik, Iceland. Itâs a tad pricey, but I recommend it should you be looking for a mid-summer getaway in 2024.  But you donât need to go that far. POWERED BY DEMISE OF THE DOLLAR CONTINUED... Across the Chesapeake from our ramshackle hut lies Smith Island. According to the Army Corps of Engineers, the melting glaciers and loss of ice from Greenland ice sheets have contributed to the rapid sea-level rise in the Chesapeake. The bay has swallowed 3,300 acres of Smith Island since records started being kept in the 1800s. There remain only 900 acres of habitable land on the island. Ironically, prices for said land have been increasing and flood insurance is still available. Weâre expecting a friendly round of reader mail on the subject. Just using the words âclimate changeâ is akin to yanking a two-foot bald-faced wasp nest out of a Japanese maple tree with your bare hands. (Yeah, we had one in our back yard until yesterday. We didnât use our hands, but the metaphor fits.) Our friend John Englander, has made it a life mission to educate people on the economic impacts of rising sea levels especially communities like Annapolis, MD. According to the Maryland state government, between 1957 and 1963 Annapolis averaged 4 ânuisance floodsâ a year. Between 2007 and 2013 that number had increased ten-fold to nearly 40. Sea level rise is a thing. Warmer water in the Gulf is a thing. Whether it's naturally occurring or not, and what, if anything should be done about it, is where all the hand-wringing comes in. To be sure, like tracking Consumer Price Index (CPI) or monthly jobless claims⦠no matter how tortured the stats are by the Bureau of Labor Statistics (BLS)... the data moves markets. During COP26, in November of 2021, former head of both the Bank of England and the Canadian central bank raised $130 trillion - thatâs a âtâ - to enforce regulations for a Net-Zero 2050 agenda. What could go wrong? Letâs find out. Our goal in breaching âclimate changeâ is simple. Itâs a political lightning rod and is the cause of all kinds of shenanigans in the global markets, not least of which is massive state-sponsored fraud. As such, we promise to keep our discussion focused on property, economics and financial forecasting.  Send your comments and or questions, [here](mailto:feedback@wigginsessions.com). Mashi cho, Addison Wiggin, The Daily Missive P.S. Mr. Englander likens the challenges of his work trying to educate people on melting Greenlandic glaciers and rising sea levels to our own efforts at getting anyone to give a hoot about rising national debt or the demise of the dollar. Maybe so. What I can say from experience is Johnâs field trips are way cooler than mine. P.P.S. While poking around the internet this morning, we found the documentary [Thrown To The Wind]( produced by Michael Shellenberger. âFor years,â reads a press release, âthe government has insisted that the increase in whale deaths off the East Coast has no relationship to the wind industry's high-decibel pile driving and boat activity. But now, a new documentary, âThrown To The Wind,â based on new research, will challenge that.â Just one example of âclimate changeâ policy run amok. Michael Shellenberger was one of the more engaging speakers at Freedom Fest in Memphis this year. POWERED BY CRYPTO 101 MEDIA How To Follow Top Crypto Hedge Funds What if you knew which cryptocurrencies the biggest hedge funds in the world are pouring billions into each year? I'm talking about hot tiny coins about to potentially skyrocket. Imagine the advantage that could give you as a regular investor if you knew which altcoins they were buying and trading. If you want that kind of an advantage⦠Then join us during our FREE online event⦠[The Crypto Hedge Fund Summit.]( We're bringing together some of the world's most successful hedge fund managers. They're going to share with you the top strategies and secrets so you can get in on the coins they believe could skyrocket soon. [Click here to register now.]( The Daily Missive from 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 The Wiggn Sessions delivering daily email issues and advertisements. To end your The Daily Missive from The Wiggin Sessions e-mail subscription and associated external offers sent from The Daily Missive from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at feedback@wigginsessions.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.]( © 2023 The Wiggin Sessions 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 online 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. Sent to: {EMAIL} [Unsubscribe]( Consillience, LLC, Saint Paul Street, 808, Baltimore, Maryland 21202, United States