The Great Taking
Addison Wiggin / May 15, 2025
A $36 trillion dollar bombshell has just been dropped. You need to prepare now to protect your wealth and save your future.
BREAKING NEWS
Lau Vegys / May 28, 2025
Carney is probably the most devout climate zealot ever elected to national office. For instance, he’s argued that Canada must spend $2 trillion by 2050 to meet its climate goals.
Well, we already know how this story ends.
Remember Spain?
After years of gutting coal and nuclear while pouring billions into wind and solar, renewables made up nearly two-thirds of its grid by late 2024.
The result? A nationwide blackout (on April 28, 2025).
Addison Wiggin / May 28, 2025
When DOGE can identify hundreds of billions of dollars in waste, fraud and abuses… and… the budget deficit grows?
Well, investors get uppity.
That’s why the global bond market is sending yields soaring.
Another danger? Credit default risks are on the rise in the U.S. – their highest level in over a year.
Addison Wiggin / May 28, 2025
Musk, leading Trump’s freshly minted Department of Government Efficiency — DOGE — raised the chrome blade and promised to slash through American bureaucracy.
It was red meat for the base. Then came the blowback from the tortured left.
John Robb / May 27, 2025
An overwhelming majority of EU member states are pushing for sanctions against Israel. The UK and France are leading the charge on economic sanctions. Spain is pushing for cultural bans (Eurovision) and may recognize Palestine. Heard often: “Monstrous,” “Abhorrent,” “Extremist.”
The US is distancing itself. Trump has gaslit Israel with an over-the-top claim that the US will fix Gaza (rebuild and displace), while cutting deals with Gulf monarchs, Iran, and the Houthis without Israeli input.
Opposition to Israel in the US is growing on the right and the left as Israel’s network clamps down on free speech in the US. China is running a very popular disinformation campaign on social media, seen by hundreds of millions, claiming it will intervene militarily to save Gaza.
Addison Wiggin / May 27, 2025
Gold remains one of the most interesting stories in the financial market today. While retail investors – more like traders – are hyperfocused on the gyrations of the stock market, central banks keep backing up the truck to buy the metal. The latest data from the World Gold Council and Goldman Sachs suggests there’s far […]
Addison Wiggin / May 27, 2025
While most Americans spent Memorial Day weekend cleaning grills and trying to remember if Monday was still Monday, Elon Musk took to livestreams where he outlined his Martian ambitions. SpaceX is set to launch its ninth Starship test flight today. The last two went down in flames — literally — but Musk’s appetite for turning […]
Andrew Packer / May 23, 2025
Investors should be prepared.
This is all part of President Trump’s playbook to reset the economy. As outlined in our latest research, which we call The Great Reset , it involves three parts.
We’re still in the first phase – the Great Fire. It’s where the economy has to go through a painful transition to refocus on private sector growth, and where asset prices will be whipsawed – just as they are now.
This isn’t the first time a heroic figure in the U.S. government has the guts to deliberately tank the markets to secure America’s financial future.
Addison Wiggin / May 23, 2025
In total, U.S. banks are sitting on over $480 billion in unrealized losses.
Remember, it took a much smaller crack in the bond market to lead to the collapse of Silicon Valley Bank, the second-largest bank failure in U.S history.
As we noted in Grey Swan Live! yesterday, unrealized bond losses may have to be realized at an inopportune time. The Federal Reserve was able to paper over those losses last time quickly, but events could quickly run out of control.
Addison Wiggin / May 23, 2025
Commerce Secretary Howard Lutnick offered a surprisingly lucid image this week amid the chaos. America, he said, will “never grow its own mangoes.”
Trade must go on. You can slap a tariff on a mango, but it won’t make it grow in Ohio. It’ll just make your smoothie more expensive.
Bill Bonner / May 22, 2025
Being on the right side of the Primary Trend is the real key to increasing long-term wealth.
So far this century, investors beat the stock market (the Dow) three to one, just by being in the best, safest asset class — gold. Can that go for another 25 years? We don’t know…that’s why we’re paying attention to the farce now playing out on Capitol Hill.
We also remind ourselves that the Primary Trend is not determined by what people want…or what they expect. Instead, they get what they deserve… shaped by patterns of history rather than the conscious efforts of those who live in it.
From the creators of The Daily Reckoning, I.O.U.S.A, Empire of Debt and The Daily Missive
