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Beneath the Surface

The Real Global Threat

Loading ...Addison Wiggin

August 13, 2024 • 2 minute, 57 second read


The Real Global Threat

“Only the dead have seen the end of war.”

– George Santayana

 


Amid the rising threat of all out war in the Middle East and a US senator in-country rooting for the Ukraine incursion into Russian territory, today we have new insight into modern global warfare…

Over the years, it has been eye-opening to share the insights Grey Swan founding contributor John Robb has about the military industrial complex, their impact on domestic politics and how influential they are in crafting US foreign policy.

It’s shocking to me every time I talk to him how little citizens know about what our military is up to let alone where the fat checks from our defense budget go…

But that’s just my perspective. I’ll let you make up your own mind. I recommend you listen to the entire Wiggin Sessions we just recorded together. You won’t look at the headlines coming out of the Middle East, Ukraine or the South China Sea the same way again.

John is a former Navy Seal mission architect and boots on-the-ground commander. After retiring from that gig because it was too physically demanding, he turned his intellect to analyzing social media networks for Forrester Research and forecasting their impact while developing counter-terrorist strategies. 

His first published work on social media for Forrester came out in 1995 a full decade before Facebook and Google were viable commercial efforts. 

His book Brave New War (2007) was a groundbreaking analysis of the post 9-11 military strategy fighting global terror organizations like Al Qeda and Isis. And helped inform military commanders and strategists from all the military branches. The book earned him a role as an adviser to the Chairman of the Joint Chiefs of Staff.

Through his own private publishing group, Global Guerillas, Mr. Robb has continued developing his insights and informing groups that use his ideas in the financial markets, economic strategies… even marketing, as you’ll find out. 

Modern Warfare and The Real Global Threat

Last night, Senator Lindsey Graham made headlines globally cheering the Ukraine army’s novel push into Russian territory. 

Likewise, analysts – even in our own Grey Swan network – debated the veracity of claims that Iran is pushing a wider Mid-East war, not least by supporting Houthi, Hezbollah and Hamas terrorists with weapons, safe haven and financing.

The world is a volatile place. Mr. Robb believes that not only is the U.S. military-industrial complex’s desire to control all political events globally a fool’s errand destined to bankrupt the government, but it’s also the driving force behind what could ultimately be the financial ruin of the empire.

The details matter, of course. Specific details on how the Houthi rebels in Yemen and the Red Sea may actually encourage China’s invasion of Taiwan… and how the inevitable could trigger the collapse of the US dollar’s reserve currency status follow:

Watch the video right here.

Read a transcript of the video here.

Today, I’m sharing Part I of our most recent interview. John’s insight is derived from observing the global footprint of the West’s military and how technology through satellites, drones and encrypted communications – and now AI — have evolved to a new phase of modern warfare far surpassing the kinetic frontlines of conflicts in the past.

So it goes,

 

Addison Wiggin

Founder, Grey Swan Investment Fraternity

P.S. Part I is critical to understanding the forecast John makes in the second half of our Wiggin Session interview.  Part II is coming soon … so bone up… and stay tuned!


Hayek Heads to the Fed

January 30, 2026 • Addison Wiggin

Kevin Warsh, former Fed governor and one-time Morgan Stanley hand, is officially President Trump’s pick to replace Jerome Powell as Chairman of the Federal Reserve.

The choice is meant to be brazen, if not entirely unexpected. Despite having been nominated in his first go in the Oval Office, Trump has been gunning for Jerome Powell since Day One of his second term.

Now, Warsh, whose libertarian-leaning critique of the Fed has hovered like a drone over Jackson Hole for years, will succeed Powell should the Senate confirm him before May 15, 2026.

Hayek Heads to the Fed
Silver Gets Hammered As Retail Piles In

January 30, 2026 • Addison Wiggin

The analysis we’ve published of the main drivers for gold applies to silver and bitcoin, too. The latter two, however, remain more speculative and gap down and spike up more dramatically.

If you’re leveraged to silver, whether through mining companies, ETFs, or the like, it may be prudent to take some profits off the table. And keep your eyes peeled for future moves upward.

Silver Gets Hammered As Retail Piles In
A (Brief) Sign Of Markets To Come

January 29, 2026 • Addison Wiggin

In one refrain from our book Empire of Debt, we warned that late-stage credit systems always suffer the same fate: the debasement of money disguised as growth. Ray Dalio said the quiet part out loud in an interview yesterday:

“If you depreciate the money, it makes everything look like it’s going up.”

Which is precisely why the markets get jittery at the top. And why politics are as wacky and polarized as they have been.

In New York, Mayor Zohran Mamdani is demanding higher taxes on the rich to plug budget holes left by former Mayor Adams. He wants billions from Albany. Governor Hochul has yet to weigh in.

In California, Sergey Brin, Eric Schmidt, and other Silicon Valley billionaires are backing a new pro-business PAC to fight a proposed 5% wealth tax on the state’s 200 richest residents. Larry Page has already moved to Florida. The line to Nevada is forming.

Ray Dalio, again, with the map:

“When governments run large deficits and the debt is no longer bought willingly, they have two choices: raise taxes and cut spending, or print money. Those that can print, do. Those that can’t, fall apart.”

Populist politics surge. Moderates vanish. Scapegoating begins. The wealth gap widens until it becomes an impassable chasm.

A (Brief) Sign Of Markets To Come
Stocks Hit a 12 Year Low

January 29, 2026 • Addison Wiggin

The S&P 500 topped 7,000 for the first time yesterday, adding to its stack of all-time highs this year and continuing the trend set in 2025.

But… those highs are measured in dollars. When priced in gold, which topped $5,500 — also a historic number—  this morning, stocks are actually at a 12-year low.

Stocks Hit a 12 Year Low