
92 episodes

The Wiggin Sessions Addison Wiggin
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- Business
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5.0 • 3 Ratings
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More than ever before, there’s a pronounced disconnect between the economy and the stock market and it’s growing worse. The new normal is an economy that is fundamentally broken--one that can’t be fixed by an election, a vaccine, or a social movement.
You’re wondering how we rebuild from here and how to radically adjust the way you think about investing, wealth preservation, and how you position the future of your family.
In the Wiggin Sessions, we connect with key thinkers and industry experts and do a deep dive into history, politics, economics, and philosophy--and discuss their real-world impact on financial markets and our lives.
Join your host, Addison Wiggin, founder of Agora Financial, each Friday for a new episode of The Wiggin Sessions where he interviews such great minds as Juan Enriquez, George Gilder, Jim Rickards, James Altucher, Bill Bonner, Dan Denning.
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Jim Rickards - Inflation, Interest Rates, and China-Russia Relations
The release of the Fed minutes from their most recent meeting was expected to be a major talking point.
But a series of game-changing events occurred within 48 hours of their release.
First, a blockbuster unemployment report was released, showing 550,000 jobs created, more than double the expected number, and retail sales also came in higher than expected.
With inflation seemingly out of control, the Fed will probably continue raising interest rates, which spells trouble for the stock market and the economy as a whole.
And there's more - there's the growing relationship between Russia and China to consider.
With all the potential consequences on the horizon, there's no shortage of topics to delve into with Jim Rickards on this episode of "The Wiggin Sessions."
Jim Rickards is a well-known American economist, lawyer, and author of best-selling books such as The Death of Money and his latest release, "Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy." Jim is a frequent guest on various news networks and editor of the financial newsletter Strategic Intelligence.
Join us as we talk about the Federal Reserve's inability to control inflation and the outlook for the markets in the wake of the hawkish Fed's consecutive rate hikes, plus how even small amounts of inflation erode the value of the US dollar.
Listen in as the conversation gets political as we discuss the cozying up of China to Russia, with Jim providing a memorable analogy of a three-person poker game. Jim shares his predictions on the 2024 election and the potential impact of a central bank digital currency, or as he calls it, "Biden bucks," and the effect it could have on personal privacy and finances.
Key Takeaways The folly of the Fed's 2% target and the consequences on the economy
Jim shares what he sees as a tough road ahead for stocks
The difference between demand-pull and cost-push inflation and the limit of the Fed to address supply-side inflation
Why financial sanctions don't work against large economies like Russia
The missed opportunity by the US to ally with Russia to counter China's rise
The blunder of escalating support for Ukraine, the US media's biased, and the potential impact on the 2024 election cycle
Jim shares the possible threat of the China-Russia alliance on the US dollar.
The danger of CBDCs (central bank, digital currency, or "Biden bucks") when used as targeted control and surveillance
Connect with Jim Rickards Jim on Twitter
Jim on Facebook
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources Share the Wiggin Sessions
Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy
Demise of the Dollar: From the Bailouts to the Pandemic and Beyond by Addison Wiggin
The Wiggin Sessions - YouTube
The Death of Money: The Coming Collapse of the International Monetary System -
Zach Scheidt - The Essential Investor
At its very core, I think of an investment as buying into a company and owning a piece of that company... That's what it means to be an investor. To be a speculator simply means that I'm going to buy a stock, and I expect to be able to sell it at a higher price."—Zach Scheidt
Are you an investor or a speculator?
The answer matters greatly, informing the stocks you pick and your expectations.
Zach Scheidt is the founder of ZachScheidt.com, the investment director of The Essential Investor, and the architect of The Essential Portfolio. Zach is an expert in Wall Street's highest-performing income stocks and has developed a unique high-end put selling strategy. He previously ran two hedge funds with a combined asset total of over $100 million, making him well-versed in the financial industry.
Zach joins me on “The Wiggin Sessions” today to discuss the difference between being an investor and a speculator and why it matters in terms of the stocks you pick and your expectations.
He'll share his insights into the prominent factors affecting the market, why what's going on on Main Street doesn't always correlate with what's going on on Wall Street, and whether or not we're headed for a recession. Plus, how much you should worry about both the economy and politics when it comes to your investment strategy.
Listen in for an in-depth discussion of the Essential Portfolio, which Zach helped develop, and learn more about his barbell approach to investing, including four of his stock picks from the portfolio—three that offer reliable income and one that's a bit more speculative.
Tune in to get these valuable stock pick recommendations and go to https://essentialinvestor.net or https://theessentialinvestor.net to follow Zach's investment advice thru the EI.
Key Takeaways How to take advantage of the winners and losers in the supply chain struggles
The importance of separating politics and investing
How to take advantage of the opportunities to create wealth (even in a recession)
The insight of Ray Dalio, the founder of Bridgewater Associates, into the relationship between the US and China
Should we worry about politics when picking stocks when picking stock
The critical difference between being an investor and a speculator
Why diversification is the key to the investing long game
Why 20 different positions is the 'sweet spot' for a diversified portfolio
How the barbell approach to investing leads to sustained portfolio growth
The four stocks Zack recommends investing in now
Connect with Zach Scheidt Zach Scheidt
Zach on LinkedIn
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources Share the Wiggin Sessions -
JC Parets - Understanding Market Drivers
"As human beings, we are not built to be great traders—quite the opposite. But as investors, it is incredibly important to overcome those evolutionary biases and not allow them to influence our decision-making in the market,"—JC Parets
Sometimes you want to own gold, and sometimes, you don't!
Investing can be a complex game and understanding the market environment is critical to choosing effective tools and strategies that will lead to success.
But in the midst of a cacophony of misinformation and self-serving agendas, investors face a daunting challenge in their quest for trustworthy information and dependable guidance to navigate the complexities of the markets.
JC Parets is the founder of All Star Charts and is one of the world's most widely followed technical analysts. All Star Charts is a research platform for professional and retail investors covering US and international stocks, interest rates, commodities, and forex markets. Mr. Parets is also a Chartered Market Technician designation (CMT) and a frequent speaker at top investing conferences and universities.
Today, on The Wiggin Sessions, JC joins me to explain how to identify the market drivers and demystify the short squeeze without getting bogged down in technical jargon.
Listen in as he shares how to cut through the noise and find (reliable) information to improve your investing strategies, whether they are short or long-term.
Key Takeaways Why you don't fight Papa Dow
Why understanding the drivers of the market is essential to decide which strategies to implement
JC explains what to look for when you're trying to identify a "short squeeze"
The historically best three-month period of the year (and what's traditionally the worst month for investments)
The only way to get paid in the market, according to JC
Why it's vital to remain objective and invest while keeping an eye out for market shifts
Why you need to think globally rather than just focusing on the US market
Connect with JC Parets All Star Charts
J.C. Parets on Twitter
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources How to Get Paid in a Recession with JC Parets
Share the Wiggin Sessions -
Richard Duncan - The Credit Bubble popped. Can the government fix it?
"As inflation came down from the early 1980s, then interest rates came down...credit exploded...suddenly this money revolution was sparked off when dollars stopped being backed by gold...the Fed is free to print...and credit exploded. So, all of these things together constituted a money revolution that transformed the world and pulled hundreds of millions of people around the world out of poverty."— Richard Duncan
Since the US detached the dollar from gold, printing money has created a global credit bubble, always on the verge of imploding.
The COVID-19 pandemic caused a unique phenomenon in 2020, with the savings rate skyrocketing while consumer credit dropped.
Then came the invasion of Ukraine by Russia causing inflation rates to surge and more global supply chain bottlenecks.
With the increased inflation rates and a surge in consumer credit, it's becoming more challenging for the Fed to control inflation just by raising rates.
So, what's the solution: how can the government fix this?
Richard Duncan is an economist and the author of four best-selling books that analyze the causes and effects of economic crises and the transformation of our economic system from capitalism to what he calls "credit-ism." His latest book, "The Money Revolution: How to Finance the Next American Century," describes the evolution of money and credit over the last century since the dollar stopped being backed by gold. Duncan also publishes "Macro Watch," a video newsletter available on his website.
Today, on The Wiggin Sessions, Richard joins me to discuss the government's involvement in the current debt crisis, his thoughts on the debt ceiling, and what he thinks we should learn from the money revolution.
Listen in as he shares his thoughts on what needs to be done to make the current economic situation sustainable, induce a technological revolution, turbocharge productivity and economic growth, and keep the country out of a depression caused by a credit bubble implosion.
Plus, how you can subscribe to his newsletter for 50% off—just for listeners of “The Wiggin Sessions.”
Key Takeaways How the pandemic impacted the economy of the US, causing the savings rate to skyrocket (while consumer credit dropped)
The current credit bubble and the government's involvement
How interest rates lead up to debt crisis
What the government could do to grow our way out of this crisis
Why Richard feels the debt ceiling should be eliminated
How the government's creation of 2.8 trillion dollars in one quarter was used to preserve the status quo (instead of investing in the future)
The US government's plan for cryptocurrencies
Why Richard is not particularly concerned about the rising national debt
Connect with Richard Duncan Richard Duncan Economics
Richard Duncan (@PaperMoneyEcon) on Twitter
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources The Money Revolution: How to Finance the Next American Century
Use Code February to Subscribe Save 50% on Macro Watch - Richard Duncan Economics
The Credit Bubble popped. Can the government fix it? Richard Duncan | EP 90 The Wiggin Sessions
Financial Reckoning Day: Surviving the Soft Depression of the 21st Century
Share the Wiggin Sessions -
Adam Baratta - Gold Is a Better Way
"Gold is the anti-dollar. In a growth environment, you want to own financial assets, stocks, and bonds. In a debt environment, you want to own gold. Gold is an asset, not a liability. — Adam Baratta
Our national debt doubles every eight years.
The Federal Reserve controls the equity market by massively expanding its balance sheet. And the more we grow, the more we owe until the government's purpose shifts from providing services to serving its own debt as the national debt spirals out of control.
Let's face it, the monetary systems in place are flawed and in need of change.
We need a new model.
But what will the great reset look like?
And how can you make decisions NOW to protect your wealth long-term?
Adam Baratta is a two-time #1 national bestselling author with his books Gold is a Better Way, and
The Great Devaluation and is one of the most dynamic voices in investments, the Federal Reserve, and the global economy. Adam is the CEO and Editor of Brentwood Research, one of the fastest-growing financial publishing firms in the country. His just completed book, The Seven Simple Laws of Inflation, explains why he expects inflation to be the number one issue facing the global economy over the next several years.
Today, on The Wiggin Sessions, Adam joins me to discuss the decline of the US dollar and the pressing issue of Global monetary instability. We explore the dangers of relying on digital currencies and the importance of gold in resetting our monetary system.
Listen in as he shares why he thinks we're headed for multiple potential crises and what he predicts for the great reset. Plus, a behind-the-scenes look at his personal investment model so you can reposition your investments to be prepared long-term. And how to get his new book, The Seven Simple Laws of Inflation, FREE.
Key Takeaways How Adam got started making films with THE Stan Lee of Marvel
Adam shares the pitch he made to Jerry Jones to make the heroes of the NFL into superheroes
His introduction to the gold market
Adam shares the story of how he entered the financial publishing market
Adam shares a black swan visual that depicts the asymptote of debt
How the Federal Reserve will prevent the 'crowding out' of fiscal spending.
Why an International Currency system is unsustainable
Why central banks are forced to create 'economic black holes'
The only way out of the unsustainable debt situation in the US
The pitfall of digital currency for investors
The problem for investors, as Adam sees it
Why Adam thinks gold is the key to a reset of the monetary system
Connect with Adam Baratta Brentwood Research
Adam Baratta - Co-Founder - Advantage Gold | LinkedIn
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources Get Your FREE digital copy of The Seven Simple Laws of Inflation
The Great Devaluation
Gold is a Better Way
The Wiggin Sessions: Jim Rickards Part 1—The Rise and Fall of the Bretton Woods System
The Wiggin Sessions: Jim Rickards Part 2—The Difference Between a Recession, a Depression, and a Financial Crisis -
The Real Anthony Fauci Session with Filmmaker Jeff Hays
"I am so glad I was able to muster the courage to step into this arena. I'm as proud of this film as anything I've ever done. It's necessary. I think people have a right to make their own decisions. And we certainly need to remind our fellow man that we have the right to choose what goes into our body and not have an experimental medication mandated to us, or we lose our freedoms,"—Jeff Hays on making “The Real Anthony Fauci” movie
This week, the rest of the Fauci files from Twitter are coming out. And we can see the direct involvement of multiple departments in the US government banning and shadow-banning people to suppress vaccine misinformation.
But was it really just an attempt to control the narrative and suppress information from people like Robert F. Kennedy Jr. and Dr. Peter McCullough? While at the same time, big money flowed into BIG Pharma, creating no less than nine new billionaires.
Jeff Hays has been an award-winning filmmaker and television producer since the early nineties. He gained national attention with Fahrenhype 9/11 (2004), a response to Michael Moore's Fahrenheit 9/11. He followed that with On Native Soil (2006). Narrated by Kevin Costner and Hilary Swank, the documentary focused on the perspective of surviving family members of 9/11 victims and their efforts to create the 9/11 Commission. The film was acquired by Lions Gate and NBC and was short-listed for an Academy Award.
Today, on The Wiggin Sessions, Jeff joins me to discuss his new film, “The Real Anthony Fauci,” and what it feels like to release a movie that documents this remarkable period in our history, plus the courage it took for him to make the film.
Listen in as he shares how you can watch the film for free and why he wants you to share it with others to get the message out because what happened during COVID happened to all of us, and we need to make sure nothing like this ever happens again in this country.
Key Takeaways How Jeff got started making films
Why Jeff made Farenhype 9/11 (and the death threats that followed)
The most suppressed book in the history of our lives
How Robert F. Kennedy Jr. went from elite liberal darling to persona non grata in less than one year
Why Jeff thinks they have repressed the information about the real Anthony Fauci in the media
The COVID Vaccines' role in the making of 5 new billionaires
What's the reasoning behind banning free speech
How truth (and journalistic integrity) became less important than getting rid of Trump
The amazing transformation of liberals into the lap dogs of Big Pharma
How Anthony Fauci wrestled for control of the Aids crisis (and then for the COVID crisis)
How countries that did not follow the Fauci protocol fared as opposed to the ones (like ours) that did
What Jeff thinks about Anthony Fauci after studying him for over two years
Jeff shares his answer to the question, are vaccines good or bad
Connect with Jeff Hays Jeff Hays Films
Connect with Addison Wiggin Consilience Financial
The Wiggin Sessions on Facebook
The Wiggin Sessions on Instagram
The Wiggin Sessions on Twitter
Resources WATCH The Real Anthony Fauci Movie
Jeff Hays Farenhype 9/11
The Real Anthony Fauci: Bill Gates, Big Pharma, and the Global War on Democracy and Public Health (Children’s Health Defense)