[A letter from Daily Reckoning co-founder and Agora Financial executive publisher Addison Wiggin]
If you’ve made your way onto this page, odds are that you’re new to The Daily Reckoning and would like a little background… or perhaps you’re one of our long-suffering readers in need of a reminder of why you’ve stuck with us through the years.
Either way, you’ve come to the right place.
At The Daily Reckoning, we’ve been in the business of independent financial forecasting since 1999. We take a look at the world and markets, make an educated guess about where they’re headed and alert you to ways we think you can protect yourself and profit from the trends that the mainstream press has overlooked.
Our metier is forecasting booms, busts and bad endings on your behalf… patting you on the back when you do well by them… and owning up to it when we make hash of it.
It’s your money, after all.
Each day that the markets are open, we have the honor and privilege of writing to subscribers of our free daily e-letter with one big idea. One way you can profit from and make sense of (or at the very least, laugh at) the world of finance, economics and politics.
We publish your Daily Reckonings, sent by email, each and every afternoon.
If you haven’t signed up yet, I urge you to do so right here. And don’t worry. It’s 100% free — no credit card is required.
For a decade and a half, we’ve aimed to make these reckonings the most entertaining and informative 15-minute read of your day — and we still do.
But we must admit that we haven’t done it alone. We’ve had the distinct pleasure to work with the leading minds in publishing, mining, oil services, finance, banking, genetics, economics and even… (gasp!) government.
Our cast of characters has grown to the point that we simply can’t feature all of their insights in a daily email — instead, you can find our most interesting investment analyses for the day right here, on our site… along with insights from our “golden Rolodex” of industry contacts.
Everything from the latest advances in regenerative medicine… to the Fed’s next rate hike… to the future of energy… you’ll find it all right here. Because we know that the world of money isn’t just bankers and stock market moves. Or energy and technology. It’s all of these pieces together that make up the larger story.
Our goal at The Daily Reckoning is to help put the often confusing (and infuriating) world of finance into context… to help you connect the dots between your bank account and the decisions that are made in Washington.
Thanks for joining us,
Executive publisher, The Daily Reckoning
P.S. Keep reading for a look at how TheDaily Reckoning got its start…
It All Seemed So Simple in 1999…
Fifteen years ago, The Daily Reckoning was the first of its kind — a free financial e-letter bucking the analysis and advice of the mainstream financial press. We called it first and called it right when we said the U.S. was headed for a major financial crash.
Fast-forward to present day… a lot has changed. There’s a whole cottage industry producing financial forecasts… gloom about the end of America… predictions of financial collapse and the demise of the dollar. Simply put, there are more opinions, analysis and information for you to turn to than ever before.
But 99.9% of that information leaves you knowing less about how to safely build your wealth.
Today, the average American has access to such an abundance of useless facts and senseless data that everyone knows everything and almost no one knows anything.
Think about the knowledge you glean from a cable news network like CNBC or CNN.
By the time you hear the day’s investment ideas on CNBC’s Mad Money, those plays are too expensive. The real money has already been made. That’s because just about everyone has access to mainstream ideas.
It’s only the ideas outside the mainstream — the ones that aren’t widely known — that can deliver you the biggest returns. That’s where we come in.
Since 2008, our forecasts have been featured by The New York Times, The Washington Post, Bloomberg, Fox Business and many other outlets. With good reason, too.
We accurately predicted that oil prices were headed to all-time highs when crude was just $55 per barrel.
We beat the mainstream by four years, forecasting the ascent of biotechnology as well as personalized and regenerative medicine. We even called the advent of 3-D printing when you could still fit the whole “maker movement” in your living room.
Among the cast of characters whose insights will hit your inbox each day are a Harvard-trained geologist, a self-made billionaire, a Pulitzer Prize-nominated journalist, one of the world’s leading bond experts, an ex-banker to the presidents and the CIA’s currency war analyst..
There’s no shortage of ominous economic indicators, hilarious public policy snafus and Wall Street chicanery to alert you and our 500,000 other readers to. So we continue to do so — in the form of market-leading newsletters, international best-selling books and critically acclaimed feature documentaries, like I.O.U.S.A.
Like any prognosticators, we’re liable to get it wrong sometimes. But that just proves we’re human. (Although our forecast track record is impressive, to say the least.)
We don’t have a crystal ball — and we wouldn’t want one. (Where would be the fun in that?)
We can’t tell you the exact moment of the next stock market crash… pinpoint the weekday that the Federal Reserve will finally defrocked of its exorbitant privilege… or reveal when the dollar will cease being the world’s reserve currency.
What we can do is take a different approach than what you’ll find within the pages of TheWall Street Journal. We go deeper than simply reporting the events of the day. We bring it back to you.
Part of the world of money,” Bill said to us recently, “is not directly related to money; it’s about people.
“How people live, how they think, what they think about.
“And it’s all those things that give meaning to money.”
What Daily Reckoning Readers Are Saying…
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And here’s what the media has said about The Daily Reckoning…
“The Daily Reckoning is a freewheeling Web site for libertarians, gold bugs and doom enthusiasts of every stripe… [Addison] Wiggin offer[s] up his analysis with a confident and steady aplomb. And for good reason…”
— Stephen Metcalf of The New York Times Magazine.
“I am also a fan of a more modest site called The Daily Reckoning, an always interesting offering… The site’s daily newsletter, which is available by email, offers a charmingly mordant take on the stock news of the day, accentuated by philosophical maunderings…”
— David Futrelle of Money magazine.
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— John Mauldin, author Endgame: The End of the Debt SuperCycle and How It Changes
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