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Beneath the Surface

28 Countries (And Counting)!

Loading ...Addison Wiggin

December 10, 2024 • 20 second read


Grey Swan Subscribers

28 Countries (And Counting)!

The Grey Swan Investment Fraternity now has members in over 28 countries! That’s not including members of our investor’s network, who also reach into countries such as Russia and China.

Thank you for being a member of our fraternity, and for helping expand the map. We look forward to updating it further!

 

Grey Swan Investment Fraternity member map as of 12/10/2024


Markets Slip, Metals Split, Power Gets Physical

February 3, 2026 • Addison Wiggin

In Singapore, Bloomberg reported that retail buyers crowded United Overseas Bank, the city’s only bank selling physical gold, until customers without pre-orders were turned away.

In Sydney, lines stretched into the street outside ABC Bullion after Friday’s selloff. Thai investors held existing positions instead of selling into weakness. In China’s Shuibei district, ahead of the Lunar New Year, buyers stepped in, and local prices held premiums over exchange benchmarks.

“It’s still a buying market,” said Globlex Securities CEO Thanapisal Koohapremkit. Quiet accumulation doesn’t announce itself. It just keeps happening.

Markets Slip, Metals Split, Power Gets Physical
One Strong Sign of a Weak Labor Market

February 3, 2026 • Addison Wiggin

 AI tools are incredibly useful and AI stocks remain richly valued. Yes. 

 New tech will also create new, productive and higher paying jobs. Ones we haven’t even dreamed up yet.

In the meantime, the jobs market is being measured by the tools needed to calculate the economy without knowing what the new jobs will be.

One Strong Sign of a Weak Labor Market
Gold Shivers, Wear A Coat

February 2, 2026 • Addison Wiggin

For months, speculation swirled like chimney smoke in a snowstorm. Would Trump tap a dove? A loyalist? A Wall Street man in a red hat? Warsh checks none of those boxes — and all of them.

 He’s a former Fed governor, a Goldman alum, and a card-carrying skeptic of central bank omnipotence. 

He’s said, “The Fed is not independent from government. It is independent within government,” which sounds like something out of a fortune cookie written by Hayek. 

He doesn’t want the Fed playing God, and he’s not keen on printing money to mop up Congress’s mess. He believes in limits. In credibility. In consequences.

Gold Shivers, Wear A Coat
Insiders Ring the Bell, Again

February 2, 2026 • Addison Wiggin

Corporate insiders began ringing the cash register just as the S&P 500 touched 7,000. Given that the market is up over 40% from last April’s “Liberation Day” lows, a modicum of profit-taking is wise.

Insiders Ring the Bell, Again