Our beat here at The Daily Reckoning is money - but a lot of what we write about isn’t directly related to money. It’s really about people.
In our business, we try to think of the relationship we create with you, the actual person who opened this email. Mostly because we’re looking for solutions to complex questions just like you are.
Scientists who’ve studied probabilities and plotted them on a chart typically find a bell-curve distribution — in which the most likely events bunch up in the middle of the curve.
But a funny thing happens out at the ends of the curve, where the rare events are registered.
“Scientists have found small bumps and bulges,” explains the aforementioned Bill Bonner. “Things that were not expected to happen very often actually happened more than they thought.”
“‘Hundred-year floods,’ for example, happened every 88 years. ‘One in a million’ shots hit their mark every 700,000 or so. Statisticians refer to these odd bulges on the extremities of bell-shaped curves as ‘fat tails.’ Instead of tailing off as they are supposed to, the rare events seem to swell up where you don’t expect them.”
Our mission is to anticipate these fat-tail events, or what many call “black swan” events — while the mainstream media sit in the middle of the bell curve, where it’s nice and safe.
How many mainstream sources anticipated the Great Financial Crisis of 2008? Hint: not many. But Bill Bonner and Jim Rickards did.
How many in the mainstream predicted the 2016 election of Donald Trump or Brexit? Same answer. But Jim Rickards predicted them both.
The thing is fat-tail events may be more predictable than you think. Not perfectly — that’s not possible even with perfect information — but to a reasonable, very helpful degree.
Will You Survive the Great Reset?
Mark has fixed, flipped and developed over $25 million in real estate, invested in private business, gold mines, oil fields and new technologies. And he’s accomplished all this through three different bear market cycles. So he knows what he’s doing.
Now Mark’s passion is helping others prepare for the “Great Reset” — so they can thrive when most can only hope to survive.
Maybe you’ve heard of the Great Reset. It’s basically Build Back Better on a global scale. Elites would be in charge, transforming society in their technocratic vision. You’d be just a cog in a vast globalist machine.“If I told you what their plans are for this,” Mark says, “you would think I’m crazy and you’d want to lock me up.”
Sounds scary.
Change is happening fast, more than most people realize. And according to Mark, it’s not just about the pandemic:
Obviously, anybody that’s halfway paying attention understands that tensions are high across the world. There’s talk in the United States about another civil war or a national divorce. We have protests happening in every country of the world. And it’s not because of the pandemic. This is a key piece. Most people think around the world, they’re pushing back on mandates and lockdowns. They are, but before the pandemic, there were 10 countries with over 1 million people each in the streets protesting, so it was already happening. They’re still in the streets protesting, just on a different subject. But the key piece is that the entire world is pushing back. Again, it’s not just a black swan event.
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