Apogee/ Agora/ Addison Wiggins
by orvillew | February 22, 2012 9:33 am
Anyone else listen to and has anyone subscribed to this US credit doom scenario and his advertised special reports? or just any comments on this guys work?
Source URL: https://www.stockgumshoe.com/2012/02/microblog-apogee-agora-addison-wiggins/
He edits a newish investment letter called Addison Wiggins Apogee Advisory. It’s a macro newsletter which only occasional gives specific investment advice.
If you read Agora’s free daily emails the recommendations won’t be much of a surprise.
While I fundamentally disagree with his conclusions I find him an interesting read. If you are looking for specific investment advice I would say its best to look elsewhere.
I have just read the report cited. Selling a news letter in todays competitive market is difficult. However, as a long time reader and sometime subscriber to Agora, I discern consistency . Over the last several years, Bonnrers plan to sell shares and purchase precious metals has been extremely profitable. Given the unknown reactio to crisis and percieved crisis by the Fed and Adminstration, I feel very defensive. I anticipate QE3 in smaller doses. The just passed extension of FICA savings is an example. 100 B will be avaiable for cosumption. Will the Fed hesitate, in an eletion year, fail to respond to prop up the market, provide what ever funds necessary to stimuate and weaken the USD? I am not fearful of hyper-inflation at the present. Hopefully a new administration will address this problem. The extremes cited re IRA and 401ks is hyperboly. I do anticipate,
as noted, a rise in commodity prices, especially precious metals as the USD drops and the bond vigilanties restore bond prices toward the mean. Goodby bonds, hello safe havens.
purchased the newsletter a month ago – late starter- lost my job so i am finally able to read and understand this whole investment thing. i find it sorely disappointing. his initial pitch was very convincing and i thought i’d be getting intelligent information in a NEWSLETTER…instead i get a very politically slanted verbal/video doom messages with little viable information in it.
just my opinion…
i do like the Gold Prices and Silver Prices emails, Chris Martenson, Streetwise Report, David Morgan, Stockgumshoe and research on the net!!!
You have to keep in mind that most of these newsletter writers would like nothing better than to go back to the gold standard and pretty much all of them have a libertarian bent. Obviously that’ll colour some of their recommendation especially with a letter such as this which is very macro oriented.
I have followed the commentary from Wiggin and Bonner for years. I am an economics MA and I happen to agree with them. If Keynesian economics as currently practised was going to work Japan would not be where it is today. Japan been following the classic Keynesian script for 20 years – its a bust. Just as an aside: Keynes himself warned it would be. He said his methods would work best first time – less well thereafter – and he feared governments would get addicted to spending more than their income. He was obviously correct.
Please read the excellent “New Empire of Debt” Not many economics texts (and believe me I have read several) can be described as a page-turner. This one is.
HOWEVER what this column’s readers are interested in is specific stock tips and here neither Bonner nor Wiggin are particularly prolific. It could be they do not fancy stocks at all right now – they are convinced a mighty crash is coming. But are not too specific as to when.
I nearly subscribed to Bonner Family Office details, the concept I am familiar with but the details I would welcome. But for $10000! Not without a lot more specific info about what I would get for that very handsome ante.
thank you for the book tip…i am willing to do my own study, it helps to have a tip in direction (nursing was my field so WAY out of this subject, however… focused on doing my study)
i don’t necessarily disagree with the politics, just i felt it was given to me enough in the first “pitch” that i understood ideology, now give me substance to make some choices about investment so i can go research…that what i was looking for in the newsletter, not a lot of teasers that leave me hangin’ as where to start.
I guess you are in the US, Monica. In that case Bonner & Wiggin’s advice boils down to have 2/3 of your money invested in companies that earn most of their income outside the US. What you have invested in US domestic stocks should pay good dividends like MLPs.
Outside the US look for compaines in mining, food production, energy transmission. Bonner also recommends owning physical gold that is held in Canada or Australia outside the reach of Uncle Sam.
I live in the UK so the political risk is different. But I too look for most investments to be not UK market only stocks. The FT website Director Dealings page is free to access and cover the US stocks as well as UK, I like to pick stocks where the directors themselves are buying serious say 50k+ value of stock at the market price (not cheap options). After I applied that filter to B&W’s categories I came up with: Golar Shipping and Yara International (Norway), National Grid (UK), New Britain Palm Oil (Papua New Guinea but London listed), BHP Billiton (Australia), Antofagasta (Chile). CNOOC (China). Good since I bought them anyway.
ian, checking out those companies…thank you for a morning of research. i really liked the new britain palm oil and their focus on sustainability, participation in world economic forum (awards in 2011) price range!!! 😉 and antofagasta – there is much on gold silver mines but i think copper is of interest to me as well….and again, i have to look at my own family’s finances and go from there. still researchin’ just wanted to give a wink!!!
I trust Wiggins like I trust any politician. He sold me on “Iceland biotech-can’t miss” years ago. Decode Genetics was the loser. Thanks for your contributions everyone.
Jeff
i am also a Jeff and also a LOSER on Decode Genetics. that was a while back. but the money was real then too. Shame. I sucked it up. too bad I didn`t take the other rec. Intuitive Surgical.
just want to get a reply on any replies.
I just subscribed to the Apogee Advisory, in order to get the free Little Book of the Shrinking Dollar book. The two free reports can be summarized easily: “Use Everbank for currency diversification.” and “Use gold to keep your money away from the Feds (maybe).”
I know this is a macro newsletter, but the description says “Each month, you’ll have specific recommendations to protect your wealth and profit from everything you’ll learn.” I haven’t read the back issues yet, but the current issue appears to have a couple in-progress trades (both currently at a loss) which aren’t tracked in the portfolio. It also has musings about 401k confiscation (maybe, not yet), US expatriation (no way) and peer-to-peer lending (sounds interesting). The portfolio only has four items, all from Spring 2010, all showing at least an 8% loss, with an average 25% loss.
So, I’m probably going to cancel after the book arrives. If I want to read Addison’s not-so-actionable doom and gloom, I can get that in the free Daily Reckoning.
I want to thank everyone who posted here. I recently received a 20 page booklet from Mr. Wiggin, and I’ve never heard of him. So before I sent him money, I wanted to hear from others about this deal. Your feeback has convinced me that it’s probably not worth the money, so I think I will pass.
The only thing that really interested me was his special report titled, “set it and forget it.” Anything to it, anyone?
I received an Addison Wiggin insert dated Jan.2013 that also mentions his “set it and forget it” teaser, with its “two secret steps.” I too am curious whether anybody knows anything on this…
I just got another solicitation for this newsletter. It looks an awful lot like Agora, which I thought was awful.
I’ve had my absolute fill of these far-right doom-and-gloom Republican rags. They all have far more to say about politics than investing. I want to get a good return on my investment, not listening to some windbag harp on the guvmint and tell me the sky is falling.
I’ll say one thing for them though – they sure are popular. Just like Limbaugh, Hanniity, and Beck, and for the same reasons.
I have been a reader of Bonner’s daily reckoning for awhile. It is often nothing more than a hype for a newsletter deal or video. But, I find much of his musings hit a nerve lately. With the US debt past the 16Trillion mark and unemployment over 20%, and our dollars so over inflated, I do fear hyperinflation in the next few years if something doesn’t happen to the drunken spending spree of the Federal government. Let’s pray that Americans will wake up from their Fed induced stupor in time to vote out Obama before we are turned into a socialist state where even the property rites of individuals are taken away in order to save the butts of the politicians.
I have been swayed by the sheer maths of the “debt pile is to big to climb” arguement and I have about 55% of my assets in allocated gold, still waiting for the bubble (thats what it will be) to start inflating, Bill Bonner says that it is starting.
Can anyone explain exactly what his “set it and forget it” advice actually is??
While we’re on the subject what do you think of the latest hype, that on Jan 1st the banks can count all thier gold at face value instead of 50% at present. The arguement goes that this wll lead to all banks buying up all they can get. Could it be that they will only need half of what they have now in order to back up the same levels of debt and that a selling spree is the more likely outcome?
Or is the market rigged by the banks and speculators to the point where we, small holders will simply never win?
what i was looking for was coins being melted down and the metal being worth more latest from apogee advisory.
I believe he is hinting at the probable change to the composition of U.S. nickles and pennies. There was a report out earlier in the year from Geitner in which he talked of how the Treasury Dept. could save 200-300 million a year by changing the composition of these coins. I can’t say I am 100% correct but that is what I have concluded from what little research I have done on the subject.
This is June 15, 2014 and Addison’s report on how US Nickels are really worth 7 or 8 cents is, I found, not currently true. Look at Coinflation.com and see their online calculator to see what metals are currently worth. I checked today and a $100 worth of nickels is worth $95 !!! And, of course, you could get bags of them on the internet and pay a 12% premium!!
Not my idea of stellar research…