Why I’m offering you access to my $2, 999 advisory service without paying the subsc ription

Monday, 25 October 2021 —Gold Coast, Australia

[9 min read]

Dear Reader,

On Friday, I released some research on how to practically prepare for the end of the Everything Bubble.

If you’ve not read that yet, you can do so here.

What you’ll see at the end of that report is an invitation.

To join my newsletter, The Gowdie Letter, for just $99.

And receive a complimentary six-month membership to my ‘alternative financial planning service’, The Gowdie Advisory.

This is valued at $1,499.

A yearly subscription would normally cost you $2,999.

But you won’t pay a cent of that.

It’s a somewhat unorthodox move, to give away what we call in the financial publishing business a ‘back-end’ service.

So why am I doing it? And…

What is The Gowdie Advisory?

Where the focus of The Gowdie Letter is, in the words of reader CS, to ‘keep you abreast of where we are in the great scheme of the “everything bubble”’…

The Gowdie Advisory focuses squarely on WHAT YOU SHOULD DO.

As Advisory member DJP colourfully puts it:

‘If I knew back at the time of the GFC what I now know having followed The Gowdie Advisory I would not have lost $1.5 million following advice of a dumb-arse financial planner.’

Here’s what that $99 entry into The Gowdie Advisory gets you…

REGULAR ADVICE SESSIONS

The idea for this service came from an increase of personal advice requests from Gowdie Letter subscribers…

‘What should I do with my…?’

‘Where’s the best...?’

‘How do I protect…?’

‘Will our savings…?’

‘My self-managed fund…’

I can’t give personal advice under our publishing licence. But these intimate, live question and answer sessions are as close to that as we can get.

Every second Tuesday of the month at 6:00pm, you’ll be invited to attend a Zoom meeting.

What we cover will be based on what YOU ask me.

The fuel of the Advisory is the common issues/problems/queries members face...either emailed to me directly, explained to my Member Assistance Team on the phone, or left on the members-only website.

My team will then sort these submissions into what we call ‘Worry Silos’.

Specific, recurrent categories that are keeping you awake at night.

We cover questions like this one, sent to me by Gowdie Advisory member MP:

‘I think we could be seeing a permanent debasement of cash. And I’m worried, I’m quickly becoming quite poor (in relative terms) by sitting in cash. Thoughts?’

Whatever problems you have, we’ll look for solutions.

If you have $75,000 invested in the share market for your children’s future, what should you do with that money to protect it from a big crash?

If you’re worried about where a fund manager has your retirement wealth sitting right now, what should you do?

I know control over my retirement savings could soon be more important than ever. But I feel I don’t have the time or knowledge to self-manage. What should I do?

Is ‘shorting’ the market when it crashes a good idea or a can of worms?

You’re a commercial landlord with a tenant who’s consistently missing rent. You want to deal with it compassionately, given COVID, but what’s the best course of action?

These question-and-answer summits are the core of The Gowdie Advisory.

I’ll hit as many queries as I can (and drill down into specifics of each topic as much as possible without offering direct advice).

CUSTOMISED, NO-AGENDA FINANCIAL PLANS

With more than 80% of financial planners having direct or indirect ties to institutions…your plan is tied to the Everything Bubble, whether you think it will end or not.

This conflicted model was identified by the Banking Royal Commission as a major problem.

The Gowdie Advisory is a solution.

Over the next 3–6 months, I’m going to evolve for you a set of age- and circumstance-specific plans centred on seeing you through a turn in the cycle.

Again, these will be general in nature.

But unlike the mainstream planning industry, any adjustment to these plans will NOT be concluded with: ‘We have a product for that!’.

We don’t do that here.

The goal is to build bespoke but general plans that work for you and adapts to changing conditions.

As I keep saying, the decisions you make today could have serious repercussions in the years to come.

URGENT TOPIC DEEP DIVES

This is not an advisory about ‘hot tips’.

It’s about solving big problems as they arise for you. And thinking more deeply about issues of great importance to Australian wealth builders.

No one else is giving you unbiased insight on these issues.

As KB from the Gold Coast puts it:

‘I spoke to my broker regarding the collateral debt obligations and the subprime to be told I was his biggest worrier and the total debt was ONLY400 billion US.

‘I held on and lost 50% of my super as a result.

‘Your advice is Spot On in my experience and as a result I will follow your advice and renew my subscription when necessary.’

The problem is this…

Financial planners rely on economic and market information that comes primarily from two sources: investment institutions and research firms. Their solutions are offered to help themselves as much as you. And are largely predictable.

Institutional economists are no better. Just the media’s go-to people whenever market or economic commentary is required.

Most readers don’t realise the credible ‘expert’ being quoted actually works for an investment bank!

A big part of The Gowdie Advisory will be digging deep into issues, problems, and ideas these sources have a bias on…or just don’t go near.

We’ll cover estate and family wealth challenges…how to adjust your retirement income calculus for a low-growth environment…

Managing your property investments through a downturn…ways to get income that aren’t lining a product provider’s pockets…dealing with encroaching taxation and government overreach…and more.

Plus, you get to...

TAP MY ‘BLACK BOOK’ OF REAL EXPERTS

I’ve built a core contact group of independent thinkers who, in my opinion, apply critical thinking to economic and investment matters. People who saw problems before, rather than after, the event. People who deal with real issues facing real investors…without the bias or baggage.

A regular part of the service is bringing their expertise straight to you.

Over the past year, for instance, Gowdie Advisory members have had Zoom sessions with:

Family wealth expert, counsellor of super-high net worth families, and author Dr Joanne Stern.

Head of the billion-dollar Agora empire and financial contrarian Bill Bonner.

Australian property guru Catherine Cashmore.

Behavioural economist Dr Juliette Tobias-Webb.

Ex-hedge funder, now head of distribution for the Perth Mint, Jordan Eliseo.

Members get regular face time with some of the world’s most famous contrarian investors, including Harry Dent, Richard Duncan, and Dan Denning.

Occasionally I even bring in slightly left-field guests that tackle the mental toughness aspect of investing such as former Paralympian, Annie Williams.

Success in life is not so much about what you know, but who you know.

Which leaves the question…

Why give away $1,499 worth of access?

Simply: We are entering what I think will be a very challenging period.

Perhaps — and I don’t think I’m being hyperbolic here — the biggest downcycle since the Great Depression.

The Gowdie Advisory has been expecting and planning for this for some time now.

This is the very reason I set up this interactive service in the first place.

If the next six months is when the trend reverses, I want to make sure I can help as many like-minded people through it as I can.

This is your chance to see what we’re doing in The Gowdie Advisory — for six complementary months.

No, you will NOT be sent a bill at the end of that six months.

Nor will you be automatically renewed.

It’s an entirely complimentary membership.

Six months should be ample time for you to experience every aspect of the Advisory. And see how we’re attacking the looming bust head-on.

All that is required is a membership to my ‘front-end’ newsletter.

And that’s only $99.

AND it comes with the usual 30-day subscription refund guarantee.

So…if you’re a certain type of reader, thinker, and investor, this should be a bit of a no-brainer for you.

To grab both services now for just $99, go straight to this secure order form.

To read the full invitation while we still have it online, click here.

Regards,

Vern Gowdie,
Editor, The Rum Rebellion

Laramie, Wyoming

This is a public service announcement. All those ‘new freedoms’ you have now that lockdowns are over?

They aren’t new. You had them before. They are your natural rights as a human being.

All that’s happened in the last 18 months is that certain fearmongering sociopaths in government and the media have peddled the like that you get your freedoms from them, and that they can be taken away as punishment or given back as a reward for you submission and compliance.

It’s a big lie. Don’t think the lying is over. Already, devil Dan Andrews is hinting that unless you get your booster shot in Victoria, your six months of freedom (parole with conditions) will be over. I’ll come back to that in a moment.

But speaking of big lies, did you see the cryptic tweet from Twitter founder and CEO Jack Dorsey over the weekend? Dorsey tweeted that ‘Hyperinflation is going to change everything. It’s happening.’

That was it. No explanation. No elaboration. No clarification. What does it mean?

Dorsey knows that investors, savers, and retirees have been told a big lie. The big lie is that money printing, deficit spending, and bigger debts produce wealth. They don’t. They produce bigger debts and higher prices. Hence the warning about hyperinflation.

Is this how it begins, the normalising of outrageous prices, shortages, and scarcity? Most people in places like Australia and the US don’t give a second thought to the idea of hyperinflation. Most of them, to be honest, have never given it a single thought. Why should they? Why should you?

Walk into a grocery store and you’ll find the shelves always full, with a huge variety of fresh produce, meats, baked goods, and more. There’s always fuel for your car, although the price can spike with the seasons and because of events in the international oil markets. Our economy and our culture create the impression of perpetual abundance.

And it’s been true! Until now. Now, prices for meat are up. Signs are posted in stores that some items may be unavailable. Why? Maybe it’s the ‘supply chain’ shock. Maybe it’s producers unwilling to sell their goods when prices are rising at greater than 5% (consumer price inflation was 5.3% in the US in August).

I flew to Baltimore, Maryland, last week to talk things over with Bill Bonner, my co-author at The Bonner-Denning Letter and Tom Dyson, who works with Bill and me to turn our big-picture forecasts into trading opportunities. It was the first time since the outbreak of the pandemic in early 2020 that we were able to be in the same place at the same time.

We’ve been talking about inflation for quite some time now. And in fact, when Tom, Vern Gowdie, and I spoke in April of 2020, we concluded that the government response to the pandemic — massive lockdowns first and massive money printing second — would inevitably be inflationary. We were right, with a few twists.

The first inflation came in financial asset prices. And that was after the huge crash in global stocks — a crash which ‘priced in’ the slowdown in trade, travel, and commerce. Since then, asset prices (especially for assets priced in US dollars) have been on a tear. This was inflation. And it was fuelled by the loose monetary policy of the Federal Reserve (pumping US$120 billion a month into bond markets to keep interest rates down).

But now, 18 months into this ‘long emergency,’ the inflation is bleeding out of stocks and into the real world. Students of monetary history know how the story goes from here. Prices for rent, food, and fuel go up. The general public — even those who don’t own stocks and bonds — start to feel the pinch.

The government reacts by imposing wage and price controls. This results in even MORE scarcity. It happened in Weimar Germany in the 1920s, and more recently in places like Argentina, Zimbabwe, and Venezuela. Producers of farm goods go on strike. Shelves empty. Prices rise faster.

This sort of monetary chaos doesn’t happen in the ‘developed’ world of Australia and the US. Yes, you get soaring house prices. But this is ‘good’ inflation. It makes people wealthier by driving up the value of their real estate and retirement portfolios.

It’s almost impossible for most mainstream economists and media personalities to imagine prices for food, fuel, and imported goods spiraling out of control. In the US, the dollar is the world’s reserve currency. For hyperinflation to really take hold in the US, foreign investors would have to dump the dollar. There’s no way that’s going to happen, right?

We’ll see. Australia will be unsettled by any chaos in the US. A US dollar crisis can’t happen without there being a debt crisis. There’s nearly US$300 trillion in global debt, according to the Institute of International Finance. A debt crisis that became a dollar crisis would include crashing financial asset prices, a major ‘readjustment’ in the dollar’s value versus other currencies (and real assets), much higher interest rates, and soaring prices.

Is that what Jack Dorsey means? Is he looking at higher prices for rent, beef, and energy and seeing the leading edge of a process that’s now all but inevitable? A process that results in a financial crash, a currency crash, and a great reset of the world’s money system?

Those are some of the questions Bill, Tom, and I discussed last week. We recorded a round table with our colleague Chris Lowe in Portugal to address these important issues. That conversation will be transcribed and made available next week to readers of The Bonner-Denning Letter.

In the meantime, the big lie continues to pour out of the mouths of certain Australian politicians. The idea that your freedom depends on someone else’s permission is a perversion. It’s a perversion of the traditional relationship between you and your government. And a perversion of the relationship between language and truth.

There is no such thing as ‘fully-vaccinated freedoms’. The freedoms of speech, of the press, of the right of assembly, of religion, and to petition your government for grievances aren’t conditional on your vaccination status.

If Australians accept this moral and rhetorical sleight of hand, then you won’t have any freedom at all. What you’re allowed to do, indeed your very participation in civil society, will depend on submitting and obeying the public health order of the day or suffering the consequences for your refusal.

Don’t let it happen. Ever again. Enough is enough.

Regards,

Dan Denning,
Editor, The Rum Rebellion

The Bonner-Denning Letter is co-authored by Fat Tail Investment Research founder Dan Denning and legendary investment writer and publisher Bill Bonner. It connects the dots between markets, politics, and history as one of the only macroeconomic, ‘top-down’ newsletters in Australia. For a big picture perspective on the past, the present, and your investment future, click here for details on how to subscribe.