The Wiggin Sessions

"The wealth management industry does not exist to make you wealthy. It exists to make them wealthy,"- Porter Stansberry

Printing money to pay for unsustainable agendas has created a society plagued by income inequality and loss of purchasing power, creating a dangerous situation with no way to exchange labor for assets because the money is corrupted.

Add inflation to the mix, and the loss of purchasing power and income inequality has been further exacerbated. At the same time, the social contract in America has been so distorted most individuals are burdened with pursuing someone else's agenda on a daily basis.

Is the United States on a path toward financial and social collapse as a result?

Porter Stansberry is a renowned financial expert, author, and speaker with over 30 years of experience in the financial industry. He is the Founder of Stansberry Research, one of the world's largest independent financial research firms, and the boutique investment research firm Porter and Company. Porter is the author of the New York Times bestseller "The End of America" and is widely regarded as one of the most successful investment analysts and advisors in the business.

Today on "The Wiggin Sessions," Porter joins me to share his views on the current economic situation in the United States, including his thoughts on inflation, the decline of the US dollar, and the potential societal consequences of these issues.

He discusses the impact of war and military spending on the economy and its role in benefiting certain individuals and industries.

Listen in to gain insights from Porter on investment strategies, including those in the energy sector, and his knowledge of the new OPEC, which provides a promising opportunity for investment gains in the oil market.

How the government's reliance on lies (and a need to keep printing money) has created an alternate reality that will eventually lead to a financial and societal collapse

How the current state of the economy and monetary policy is leading us toward bankruptcy

How the rapid erosion of wages and savings is putting the US on a path toward societal problems like increased desperation, prostitution, and gambling

History repeats itself: why every society in history that has relied on paper money has eventually failed (and what happens next)

Why inflation is likely to continue and will not be contained (and why you need to plan your financial strategies accordingly)

Why Porter believes it's best not to get involved in the conflict between Russia and Ukraine

How the depletion of the Strategic Petroleum Reserve and China's economic situation presents an opportunity for investment gains in oil

The high-yield opportunity for experienced investors in corporate bonds, speculative companies, and securities 

Stansberry Research

Porter & Co.

Porter on LinkedIn

Porter on Twitter

Consilience Financial

The Wiggin Sessions on Facebook

The Wiggin Sessions on Instagram

The Wiggin Sessions on Twitter

Porter's Prediction

Share the Wiggin Sessions

Man, Economy, and State

Demise of the Dollar: From the Bailouts to the Pandemic and Beyond by Addison Wiggin

The Wiggin Sessions - YouTube 

The Wiggin Sessions: James Howard Kunstler—Living in an Unrecognizable Economy EP62

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.

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

 Jim on Twitter

Jim on Facebook

Consilience Financial

The Wiggin Sessions on Facebook

The Wiggin Sessions on Instagram

The Wiggin Sessions on Twitter

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

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.

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

 Zach Scheidt

Zach on LinkedIn 

Consilience Financial

The Wiggin Sessions on Facebook

The Wiggin Sessions on Instagram

The Wiggin Sessions on Twitter

Share the Wiggin Sessions

"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. 

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

All Star Charts

J.C. Parets on Twitter

Consilience Financial

The Wiggin Sessions on Facebook

The Wiggin Sessions on Instagram

The Wiggin Sessions on Twitter

How to Get Paid in a Recession with JC Parets

Share the Wiggin Sessions

"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.” 

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

Richard Duncan Economics

Richard Duncan (@PaperMoneyEcon) on Twitter

Consilience Financial

The Wiggin Sessions on Facebook

The Wiggin Sessions on Instagram

The Wiggin Sessions on Twitter

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

"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.

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

Brentwood Research

Adam Baratta - Co-Founder - Advantage Gold | LinkedIn

Consilience Financial

The Wiggin Sessions on Facebook

The Wiggin Sessions on Instagram

The Wiggin Sessions on Twitter

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

"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.

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

Jeff Hays Films

Consilience Financial

The Wiggin Sessions on Facebook

The Wiggin Sessions on Instagram

The Wiggin Sessions on Twitter

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)

"Fear prevents us from doing the things that create abundance, that create change, that move the world in the direction that we would like to see. If you want to make a lot of money and be free, looking at the negative is just not going to get you there. You have to look at the opportunities … and how those can be leveraged in order to match your ideals. That's the only appropriate response,"—Ryan Daniel Moran

Currently, many entrepreneurs and investors are viewing the world through a lens of negativity and fear.

As 40-year high in inflation and market turmoil cast a shadow on every new hope that shows any momentum.

But, there is another point of view that is more optimistic, believing that the next two to four years will be a time of great wealth creation.

Ryan Daniel Moran is a serial entrepreneur, investor, author, and the owner of Capitalism.com, where entrepreneurs are empowered to create change in their lives and the lives of those around them. He is also the host of the Capitalism.com Podcast and the author of 12 Months To $1 Million.  

Today, on The Wiggin Sessions, Ryan joins me to discuss his views on capitalism and how he is helping entrepreneurs grow their wealth through tools that help them get the exposure they need to grow their businesses.

We discuss how myth-based fears keep us from creating the change we want to see in the world and why he believes we need to lean into the possibilities in a Web3 future, an Elon Musk run Twitter, and a return to freedom.

Plus, he shares why he believes the next 2 to 4 years will provide significant opportunities for long-term wealth creation and a new era of abundance.

Key Takeaways

Ryan shares his vision for the Capitalism.com website

The number one thing that a person must do to launch a new business

How Capitalism.com is bringing together entrepreneurs and the investors they need to help them bring their vision to life

How government slows down the solving of problems

Ryan shares how financial agreements (money) can be used to solve most of our problems

Ryan shares his opinion of the World Economic Forum

How myths based on fear keep us from creating the world we want

Why he's excited about Twitter again since Elon's takeover

The impact of restricting freedom (and raising government skepticism)

Why he thinks the next 2 to 4 years are going to be the greatest opportunities to create wealth long term

Ryan shares his passion for cryptos and NFTs despite the recent market upheaval

Why he thinks it is wise for investors to delve into Web3

He explains why he believes technological development will lead to a new era of abundance

Ryan Daniel Moran

Ryan on Instagram  

Consilience Financial

Be sure to follow The Wiggin Sessions on your socials. You can find me on—

Facebook @thewigginsessions

Instagram @thewigginsessions

Twitter @WigginSessions

Capitalism

Capitalism.com Podcast

Ryan Daniel Moran - YouTube

12 Months To $1 Million - The Book | RyanDanielMoran.com

What really happened after the collapse of the USSR?

According to declassified documents from the Clinton Administration, there was a power struggle between communist hardliners and Russian oligarchs.

And when Yeltzin was caught in the middle, rather than giving in to either side, he turned to Vladimir Putin to protect Russia.

How might knowing the truth change the way we think about Putin and the war in Ukraine?

Martin Armstrong is the internationally recognized economist and former hedge fund manager behind Armstrong Economics and Ask-Socrates, a global economics and political environment analysis platform.

Martin is a former hedge fund manager and internationally recognized economist with more than 40 years of experience monitoring and forecasting market behavior.

On this episode of The Wiggin Sessions, Martin joins me to discuss his latest book, The Plot to Seize Russia, and describe how the current call to overthrow Putin will only make things worse.

Martin explores Ask-Socrates’ predictions of World War III and another global recession, explaining how the WEF influences elections and why we need a free speech platform like Twitter.

Listen in to understand what differentiates Martin’s economic theories from those of Klaus Schwab and learn how to protect your wealth in a tumultuous political and economic environment.

Key Takeaways

The purpose of the World Economic Conference and why Nigel Farage calls it the antidote to Davos

What differentiates Martin’s economic theories from those of Klaus Schwab

How Martin’s software predicted the outcome of the midterms and why he sees it as ‘the most corrupt election in American history’

What Ask-Socrates is saying about the war in Ukraine and the potential for WWIII

How the Fed is likely to react to the recession Martin’s forecasting model predicts

Martin’s theory that Bitcoin was started by the government to acclimate us to digital currency

The story behind Martin’s new book, The Plot to Seize Russia, and what really happened after the collapse of the USSR

Why Martin calls the conflict in Ukraine the climate change war and why overthrowing Putin will only make things worse

Martin’s support of making Twitter a free speech zone for discussions counter to the narrative

What individual investors need to understand about how international capital moves in wartime

Armstrong Economics

Ask-Socrates

Consilience Financial

Be sure to follow The Wiggin Sessions on your socials. You can find me on—

Facebook @thewigginsessions

Instagram @thewigginsessions

Twitter @WigginSessions

5 Minute Forecast

The Plot to Seize Russia: The Untold History by Martin Armstrong

2022 World Economic Conference

‘Zelensky & World War III’ in Armstrong Economics

The Memoirs of Herbert Hoover: The Great Depression, 1929-1941 by Herbert Hoover

“We wanted to find companies and assets that stand on their own two feet. To show you can have an environmental mindset while still making money, delivering value, and capturing something that will have longevity,”—Mark Rossano

The Green Movement, fictitious capitalism, and declining investments in manufacturing and transportation are causing a breakdown in all areas of the economy.

Right now, there is not enough heavy distillate crude to make diesel and heating oil. We have a worsening food crisis. And methods of transporting the goods we need to live are about to become very expensive, if not impossible.

Mark Rossano is a financial industry veteran and renowned expert on global financial markets and supply chain analysis. As Founder and CEO of C6 Capital Holdings, Mark provides investment and consulting services to clients across multiple sectors with a pronounced focus on global product flows.

I invited him onto The Wiggin Sessions today to help us unpack the key pieces we need to look at to get the complete picture of the energy market.

We discuss the fossil fuel market, the political headwinds determined to move us into green energy, and how he looks at that as an investor. And he’ll explain Rossano’s proprietary frac spread count and why it’s important.

Plus, how you can go beyond Main street reporting and follow Mark Rossano’s global product flow analysis at Freedom Financial Daily.

Key Takeaways

What was the motive behind cutting crude production

The key pieces to look at when discussing the energy market

How the increase in output affects the price consumers pay at the pump

The #1 reason that’s keeping gas prices higher than they need to be right now

How the excessive floating storage is driving up prices AND supply chain issues

Why the East Coast heating crisis isn’t just about a lack of heating oil

Mark shares what could happen if you live in New England and Mother Nature decides to send us a Polar Vortex in January

Why Mark created his private equity fund to invest in diesel in 2019

The impact of low interest rates and inflation on the energy markets

Why we need to be diligent about our investment in green energies

Mark shares what he looks for when he’s making an investment

Why it’s vital to invest in tangible things that will exist on the other side of a recession

How Mark and C6 Capital Holdings factor political factors into their investment decisions

Mark explains what the Frac Spread Count is and why it’s important

C6 Capital Holdings

Email Mark

Mark Rossano on Twitter

Primary Vision Network - YouTube

Freedom Financial Daily

Consilience Financial

Be sure to follow The Wiggin Sessions on your socials. You can find me on—

Facebook @thewigginsessions

Instagram @thewigginsessions

Twitter @WigginSessions

Jones Act

Mark Rosanno—What the Nord Stream Sabotage Means for Global Energy Markets

Share the Wiggin Sessions on Apple Podcasts