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Ripple Effect

The Great Gold Run

Loading ...Addison Wiggin

October 13, 2025 • 1 minute, 8 second read


gold

The Great Gold Run

For all the thousands of hours reading, analyzing, talking and hand-wringing, buying and holding gold has been a better investment in the 21st century than stocks.

The comparison is not even close:

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Gold prices are up 10X century-to-date, about twice the total return of the S&P 500 (Source: Sherwood)

Of course, gold started the century undervalued. Great Britain sold off its gold holdings in 1999, sending the metal down $253 per ounce.

Today, in a world of increasingly volatile markets, the rise of too-big-to-fail institutions, and over 26 years of money printing, gold’s rise, priced in U.S. dollars, is just getting started.

As we’ve been forecasting, gold could rise significantly from here, simply to match changes in the money supply over the decades.

With the U.S. dollar going digital, entering a new regulatory phase, gold’s case looks better than ever.

~ Addison

P.S. Our latest research with Ian King regarding Dollar 2.0, which we filmed last Tuesday, will be released on October 16 in a special edition of Grey Swan Live!

Our work details the next leg of stablecoin development and which three companies we expect will dominate the new regulatory environment for the monetary system as digital assets go mainstream. Keep your eyes peeled this Thursday.

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If you have any questions for us about the market, send them our way now to: feedback@greyswanfraternity.com.


Grey Swan #2: The Crack-Up Boom Reaches Terminal Velocity

January 1, 2026 • Addison Wiggin

The crack-up boom does not signal immediate collapse. Monetary policy gets a new master… inflation rages… and investors chase stocks as a means of keeping pace with their savings.

Markets may even finish 2026 higher than they begin. Many investors will still lose purchasing power along the way. Terminal velocity will feel like momentum… until reality hits.

In 2026, expect breathtaking advances, with the AI narrative remaining dominant, and sudden reversals to occur quickly. Expect liquidity to remain plentiful and erode discipline even more.

Grey Swan #2: The Crack-Up Boom Reaches Terminal Velocity
Grey Swan #3: The Midterms Deliver a Socialist Majority in the House

December 31, 2025 • Addison Wiggin

If the socialist agenda lands, the reaction matters as much as the results of the initial vote.

A hostile House gridlocks legislation. Investigations proliferate. Impeachment chatter returns. Executive authority stretches to compensate.

The political goal of the reactionary strategist will be to muck up the Trump realignment as much as possible to regain power in the House, the Senate (eventually), fortify the courts and ultimately take back the Oval Office. 

Trump will not face a midterm defeat like past lame-duck presidents. We’ll see a host of creative efforts to assert executive authority and override the people’s House. The checks and balances bestowed by Montesquieu at the very root of the Republic will be tested as never before.

Grey Swan #3: The Midterms Deliver a Socialist Majority in the House
Grey Swan #4: America’s Covert Resource War in South America

December 30, 2025 • Addison Wiggin

If the U.S. can no longer afford to police the world, it will prioritize what sits closest to home. Oil, lithium, copper, rare earths, food, and shipping lanes in the Western Hemisphere matter more to America’s economic resilience than abstract security guarantees signed eight decades ago.

The Financial Times captured this shift late in 2025, noting that U.S. foreign policy is “increasingly transactional, geographically compressed, and resource-oriented.” Bloomberg went further, describing a “hemispheric retrenchment” underway beneath the noise of global diplomacy.

We have observed passively that empires of the past, burdened by debt, stop expanding ideologically and start contracting strategically. If nothing else, this is a guide that helps decipher Trump’s comedic efforts at the podium on the second-term victory tour he’s on.

Grey Swan #4: America’s Covert Resource War in South America
Grey Swan #5: The European Union Fractures Under the Weight of War, Debt, and Bureaucracy

December 29, 2025 • Addison Wiggin

By 2026, all four supports will demonstrate that they’ve weakened simultaneously. As true as it may or may not be, it’s not likely to be understood, let alone covered by old-school national media.

Debt narrows choices. War hardens politics. False bureaucratic authority substitutes for something, trust, maybe. Nationalists will be more than willing to fill the vacuum.

Europe’s fracture will feel gradual. Policy coherence will erode further. Markets will adapt and look to the Middle and/or Far East to finance the Ponzi finance on display in New York and London.

Grey Swan #5: The European Union Fractures Under the Weight of War, Debt, and Bureaucracy