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Ripple Effect

Metals Get the Message

Loading ...Addison Wiggin

June 2, 2025 • 1 minute, 19 second read


flowsgoldinvestment flows

Metals Get the Message
Masthead Image
June 2, 2025

Ripple Effect — June 2, 2025

Flows give us a sense of where the market is investing now – and that data can be divided between retail and institutional investors.

Even though the past few weeks have seen strong flows to bitcoin and relatively weak flows to gold, investments in the metal are rising at a record rate year-to-date:

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In other words, gold shouldn’t be written off yet. Not by a long shot. And our estimate that could gold could clear five-figures on the way to over $20,000 per ounce remains on track.

Good news for today’s gold holders – and likely good for opportunities in gold mining stocks, including the ones we’ve showcased in recent research.

~ Addison

Why did Trump Sign Executive Order 14156 Behind Closed Doors?

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There was no fanfare.

No big announcement.

But on January 20, 2025, President Trump signed an Executive Order that quietly redirects U.S. energy priorities toward a previously untapped source.

This “bonanza of clean energy” could power the world for 17 BILLION years, one estimate showed.

Full details and everything you need to know can be found right here.

P.S. Gold is just one part of he story as President Trump follows through on a Great Reset of the U.S. economy using tools such as tariffs and deregulation. This first phase isn’t pretty – we call it the Great Fire – of which gold and bitcoin play a role for safety. Click here for more details on how it could play out.

As always, your reader feedback is welcome: feedback@greyswanfraternity.com (We read all emails. Thanks in advance for your contribution.)


Grey Swan Forecast #6: China Annexes Taiwan — Without a Shot Fired

December 26, 2025 • Addison Wiggin

Our forecast will feel obvious in hindsight and controversial in advance — the hallmark of a Grey Swan.

Most analysts we speak to are thinking in terms of the history of Western conflict. 

They expect full-frontal military engagement.

Beijing, from our modest perch, prefers resolution because resolution compounds its power. Why sacrifice the workshop of the world, when cajoling and bribery will do?

Taiwan will not fall.

It will merge.

Grey Swan Forecast #6: China Annexes Taiwan — Without a Shot Fired
Grey Swan Forecast #7: A Global Debt Crisis Will Reprice Democracy

December 24, 2025 • Addison Wiggin

Wars, technology races, and political upheavals — all of them rest on fiscal capacity.

In 2026, that capacity will tighten across the developed world simultaneously. Democracies will discover that generosity financed by debt carries conditions, whether voters approve of them or not.

Bond markets will not shout so much as clear their throats. Repeatedly.

Grey Swan Forecast #7: A Global Debt Crisis Will Reprice Democracy
Seven Grey Swans, One Year Later

December 23, 2025 • Addison Wiggin

Taken together, the seven Grey Swans of 2025 behaved less like isolated events and more like interlocking stories readers already recognize.

The year moved in phases. A sharp April selloff cleared leverage quickly. Policy shifted toward tax relief, lighter regulation, and renewed tolerance for liquidity. Innovations began to slowly dominate the marketplace conversation – from Dollar 2.0 digital assets to AI-powered applications in all manner of commercial enterprises, ranging from airline and hotel bookings to driverless taxis and robots. 

Seven Grey Swans, One Year Later
2025: The Lens We Used — Fire, Transition, and What’s Next… The Boom!

December 22, 2025 • Addison Wiggin

Back in April, when we published what we called the Trump Great Reset Strategy, we described the grand realignment we believed President Trump and his acolytes were embarking on in three phases.

At the time, it read like a conceptual map. As the months passed, it began to feel like a set of operating instructions written in advance of turbulence.

As you can expect, any grandiose plan would get all kinds of blowback… but this year exhibited all manner of Trump Derangement Syndrome on top of the difficulty of steering a sclerotic empire clear of the rocky shores.

The “phases” were never about optimism or pessimism. They were about sequencing — how stress surfaces, how systems adapt, and what must hold before confidence can regenerate. And in the end, what do we do with our money?!

2025: The Lens We Used — Fire, Transition, and What’s Next… The Boom!