Daily Missive

Five Years Later, “Mostly Peaceful” Is Back

Loading ...James Hickman

May 29, 20256 minute, 10 second read



Five Years Later, “Mostly Peaceful” Is Back

“Knowledge is a garden. If it isn’t cultivated, you can’t harvest it.”

– South African proverb

May 29, 2025 — On August 24 in the year 410 AD, a large army of Visigoths entered the city of Rome and rampaged through the streets for three full days.

They ransacked public buildings. They destroyed monuments. They looted wealthy homes. And they stole just about anything and everything that wasn’t nailed down. Only some churches were spared, given that their king was a Christian.

The Visigoths even desecrated Roman shrines– like the tomb of Augustus, where they dumped the former emperor’s ashes (which had been preserved for centuries).

News spread like a shockwave throughout the Mediterranean.

Within a few days, refugees and eyewitnesses had already brought the news across the imperial road network to Milan in the north and Ravenna in the east. Within a week, ships bearing the news arrived at major cities in North Africa like Carthage and Alexandria.

The famed theologian Saint Augustine was in modern day Algeria and received the news in early September. His contemporary Saint Jerome was all the way in Bethlehem, more than 1,500 miles from Rome, when he heard the news shortly after.

No one had any illusions about the state of the western Roman Empire at that point; it was so weak and feeble that Rome wasn’t even the capital city anymore; it had been moved to Ravenna nearly a decade prior.

But the city was still a legendary and powerful symbol of the Empire’s former strength. So news of it being sacked and pillaged traveled very quickly and was met with sadness and disbelief. People were stunned.

The sack of Rome was the ancient equivalent of the 9/11 attacks in 2001… one of those events that goes on to shape culture and history; where everyone knew that life would never be quite the same again; and where people ‘remember where they were’ when they heard the news.

My dad used to talk about the JFK assassination that way. I personally remember 9/11 like it was yesterday. Many of us probably have a similarly emblazoned memory about Covid, i.e. the day we knew something really bad was about to happen.

Then there was the death of George Floyd– also in 2020, exactly five years ago this past Saturday.

That infamous video came out of a man suffocating to death while multiple police officers looked on and did nothing. And it too became one of those history-defining, culture-shifting, seismic events.

Some of that change was positive and necessary, and helped to propel civilization forward.

Other change was completely ludicrous, including the media coverage.

The legacy media was already on thin ice at that point for their heavily tainted and histrionic COVID fear porn.

Continued Below…

You probably remember how CNN and MSNBC used to have the real time body counts of how many people were supposedly dying of Covid; only later did we find out how inflated those numbers really were.

They preached constantly about how everyone must stay at home, wear masks, social distance, etc. And then the George Floyd protests started. Thousands of people were out in the streets packed together like sardines. No social distancing. No staying at home.

After months of being told we had to ‘shelter in place’, suddenly the media decided it was OK to be out in public… but only if you were protesting in the name of George Floyd.

It was as if everything they had been saying over and over again for the past few months was just thrown out the window and replaced with a new social justice theme. And, just like their coverage of Covid, the facts didn’t matter.

The public demonstrations quickly turned violent. Looters rampaged through the streets and plundered stores, stealing big-screen televisions and video game consoles– all in the name of Social Justice, of course.

And then the media tried to tell us that the protests were “mostly peaceful”. In other words, don’t trust your lying eyes. We’ll tell you what to believe.

That was probably the moment they lost any shred of their remaining credibility and viewers recognized them for the deceitful propaganda machine that they are.

Naturally, they never learned. And the propaganda didn’t stop. They later used this same approach to insist that Joe Biden was healthy, mentally vibrant, and vigorous. And they’re doing the same thing now with respect to attacks on white farmers in South Africa.

Donald Trump met with South Africa’s President (Cyril Ramaphosa) at the White House last week, and the media is in agony over the fact that Trump brought up the killings and said a “genocide” was taking place.

The media is now whining that Trump’s claims are false and part of a far-right conspiracy theory.

Reuters went out of its way to fact check the President, reporting that the total number of white farmers murdered in South Africa amounts to just 1,363… which is too small a number to be considered genocide or ethnic cleansing.

Wow. Hard to argue with that logic. Only 1,363 “mostly peaceful” murders.

Bear in mind that South Africa only has 32,000 commercial farmers. Even if we assume 100% of them are white, this would mean that 1 out of every 23 white farmers has been murdered. Not exactly great odds.

Reuters also, bizarrely, disputes President Trump’s claim that white farmers are having their land expropriated by the South African government.

Instead, Reuters states that white farmers have been “encouraged” to “sell their land willingly.”

Unfortunately, says Reuters, “that hasn’t worked,” so President Ramaphosa “signed a law in January allowing the state to expropriate land.”

So, just to be clear, Donald Trump said that white farmers in South Africa are having their farms expropriated. Reuters complains that this isn’t true. Yet three paragraphs later they said that Ramaphosa signed a law to expropriate land from white farmers.

This is championship level Orwellian doublespeak. You couldn’t make it up if you tried.

James Hickman
Schiff Sovereign & Grey Swan

P.S. from Addison: One of our Grey Swan predictions for 2025 was a rise in political violence. You’ll remember we published it on December 31, 2024 and before 24 hours had passed there was a politically motivated attack targeting revelers on Bourbon Street in New Orleans. Later that day in Las Vegas, the first of many violent instances involving Tesla cybertrucks in 2025.

It didn’t take long for that forecast to come true. But, at least, the United States has avoided extreme violence like what’s happening in South Africa. So far.

We will point out that since DOGE’s identified spending cuts didn’t get the axe following the GOP’s “Big, Beautiful” spending bill –  those who keyed Tesla cars and torched dealerships did so for nothing.

Late word from Andrew in Vegas today, too:

Turn Your Images On

Brandon Lutnick of Cantor Fitzgerald just announced they’re launching a gold-backed bitcoin fund. Sounds interesting. More details as Bitcoin 2025 wraps this evening.

Your thoughts? Please send them here: addison@greyswanfraternity.com

Our global tour continues this week, with a look at the violence in South Africa against farmers.


DASH and LOW Stock Have One Key Thing In Common

September 18, 2025Adam O'Dell

Sometimes, a compelling market trend flashes like a neon sign on the Vegas strip.

We’ve seen that a lot with mega trends like artificial intelligence (AI) over the last few years. Just last week, Oracle was rewarded with a 40% post-earnings pop in its stock price after a strong earnings outlook for its AI cloud business.

Other times, you’ve got to do a little work to find out what’s driving a stock’s price higher. And my “New Bulls” list each week is a great place to start.

DASH and LOW Stock Have One Key Thing In Common
The Carrot and The Stick

September 18, 2025Addison Wiggin

Incentives grow markets. Regulation stunts their fragile bones.

The Fed’s rate cuts are carrots. Markets are feasting on them. Over in the Grey Swan Trading Fraternity, Portfolio Director Andrew Packer added a long trade in the commodity market – in a small-cap player, producing a commodity domestically.

As a cherry on top, it might be the next MP Materials or Intel and get explicit government backing, which could really cause shares to take off.

Trump’s threats to the Fed, or the FCC’s jawboning of broadcasters, are sticks. Investors must decide which matters more.

As one market veteran told The Wall Street Journal: “Cheaper money is a carrot. But the bigger question is whether trust in our institutions can hold. Without that, the carrots won’t matter.”

The Carrot and The Stick
Nasdaq Enters Nosebleed Heights

September 18, 2025Addison Wiggin

If you follow technical indicators, the Nasdaq — a broad measure of tech stocks — is now “extremely overbought”… a level only seen in 0.4% of its history.

That’s less than half a percent, and it is likely the precursor to a correction when traders decide to take profits.

Our advice, “panic now, avoid the rush” and rotate your tech into hard assets such as gold , bitcoin, and commodities in general.

Nasdaq Enters Nosebleed Heights
Stefan Bartl: From Draining the Swamp to Owning Intel: Is the Right Becoming What It Feared?

September 17, 2025Addison Wiggin

As time unfolds, the US federal government’s tentacles burrow ever-deeper into the economy. In the 2008 crisis, banks deemed “too big to fail” received a government bailout. The following year, automobile firms GM and Chrysler were saved from bankruptcy. When the Treasury exited GM in 2013, taxpayers were left with a loss of more than $10 billion. Ten years later, the federal government forbade Nippon Steel to acquire US Steel, in a merger they both desired. Instead, the government settled for Nippon Steel to invest in US Steel alongside its own direct ownership of the firm via a “golden share.” Just this past week, the US federal government announced its 10 percent stake in Intel, the struggling US semiconductor giant. On top of the $7 billion Intel had already received from the 2024 CHIPS Act, Commerce Secretary Gina Raimondo called Intel “America’s champion semiconductor company.”

Stefan Bartl: From Draining the Swamp to Owning Intel: Is the Right Becoming What It Feared?