How to Exploit the
‘Great Gold Lag’

Dear Fat Tail member,

Most decisions come and go. But a few shape everything that comes after.

A big career change.

A relocation.  

Choosing to forgive (or hold) a grudge.

Finally taking control of your health.

A teenage decision to ask your future wife on a date.

A 50’s decision to get the hell out of your marriage!  

If you’ve lived a little, you know these crossroads.  

Often you only recognise their importance years later.

As Fat Tail Investment Research enters its 20th year, we are standing at such a crossroads.

So are global markets.

And maybe you are, too.

Today, I’m going to ask
you to
make another decision

It’s part of what we’re calling our ‘Year-20 Manifesto’.

Let me explain — and then you can choose your road.

We opened for business in 2006, in a disused hat factory near the St Kilda gardens…

We began with an informal ‘manifesto’: to give Australians independent, contrarian guidance on the biggest challenges and opportunities they faced as investors.

Back then, interest rates were rising, household debt was soaring, and there were signs of property market stress.

Property developments such as Westpoint were collapsing and harmed thousands of small investors.

We maintained early on that these were probably overblown.

Property would likely keep rising. And peak in… wait for it… the distant year of 2026!

While the 2026 peak prediction remains to be seen…

…that was one aspect of our ‘First-20 Manifesto’ we were right about.

An average house in Melbourne cost you $375,000 when we started our first 20-year gameplan.

Today, it’s pushing a million dollars.

Our 2006 Manifesto also focussed on being an antidote to poor financial advice leading to unsuitable superannuation switches and lost money.

At the time, ASIC was intensifying enforcement against misconduct including 102 illegal schemes involving $788 million and 5,000 investors.

A big part of our remit was to be an alternative to the ‘bad buggers’ in this space and their deeply conflicted interests.

TICK!

We’ve done our job there very well over the last two decades.  

Also in 2006, there were more property dangers further afield…from a mortgage market on the other side of the world in the United States.

Few understood them at the time. Even on Wall Street.

We did.

And a huge part of our early manifesto was to get you through the credit crisis that was coming with the least amount of damage.

That’s another tick.

I’m pretty sure we did that better than most others on the scene in Australia as the “GFC” unfolded.

For instance, we issued a blanket sell on all North American-listed positions a full year before the Lehman Brothers collapse.

But our First-20
Manifesto wasn’t built on
fear.
It was built on opportunity…

The 2000s mining boom was not new when we came on the scene.

But few understood the exploration stage that was to come. 

Our First-20 Manifesto included getting you positioned early for a ‘Big Dig’: the final, most profitable, exploration phase of the China-driven mining boom.  

(This is one full-circle moment. As you’ll see below, the cycle has turned again. And we’re approaching a similar phase going into 2026…)

Today, there are new challenges.

The AI bubble being the first cab-off-the-rank.

But there are untold new opportunities.

Many of which you can’t even possibly imagine right now!

As we commemorate our
20th year, it’s time
to generate
a NEW 20-year masterplan…

It incorporates some of the following…

• Navigating you through a possible systemic correction in the market due to the first AI bubble with the least amount of collateral damage to your portfolio…

While at the same time…

• Keeping you three steps ahead of the opportunities and advantages AI is going to provide over the next two decades. Not just stocks that could be the next Nvidia in terms of industry disruption. But using AI in a ‘Fat Tail’ way to make better investing decisions. (BIG plans afoot here for 2026, working title ‘The Signal’…)

• Doubling down on our ‘Big Dig 2.0’ exploration resurgence thesis. We got this right the first time. This time, AI — rather than China — will be the key driver.

That said;

• The Middle Kingdom is a central player in our new Year-20 Manifesto. The mainstream, in our opinion, is missing this emergent theme like it did the subprime bust in 2006. We have a new initiative here we’re calling initially ‘China Unlocked’. And we’re searching for a Fat Tail-thinking China geopolitical and economic specialist to get this off the runway in 2026…

We have some even bigger tricks up our sleeve for the next twenty. As you’re about to see.

But that’s a small taste of our new Manifesto.

It will be formally unveiled at a meeting we’re staging early next year called FT1.

Just 160 places will be made available to our subscribers.

Aussie investors getting a seat here will be the equivalent of famous people getting into the Met Gala.

Many will miss out!

But the decision before you today will give you a great chance at being there on the day with us if you wish. Let me explain…

It’s ‘beer o’clock’
AGAIN in Australia….

‘The seeds of disaster are sown in boom, not recession…it takes two generations to forget the lessons of the last recession.’

Trevor Sykes, Two Centuries of Financial Panic

That was how our first Publisher, Dan Denning — who formulated our First-20 Manifesto — started his last message before he moved back north to work with the legendary Bill Bonner. 

The subject line of Dan’s final missive was:

‘It’s beer o’clock in Australia.’

He opened…

‘And so it ends pretty much the way it began. With an empty desk, an empty brain, a keyboard, a modem, and a pressing date with happy hour.

‘Almost nine years later, today’s Daily Reckoning has the exact same task as the first Daily Reckoning I wrote in Australia on December 20th, 2005: to try and figure things out with a lot of thinking and a bit of humour….’

You might not know Dan.

Trust me, you want to.

And I can announce now that he’s promised to come down to FT1 for one last round…

There’s no better person to help us frame our next 20 years than the prime architect of the last.

Dan will be our keynote speaker at the Windsor Hotel.

And then we’ll let our analysts loose on their grand visions.

This time, with input from YOU, if you’re with us on the day.

Like I say, just 160 seats for this one, as this, by deliberate design, is a very intimate affair.

What gives you the best chance of getting one?

That brings me to the choice you need to make today.

For the first time since 2023,
we are
doing a small active
membership intake of
something
called The Fat Tail Alliance

The Alliance is our most valuable membership.

It typically accounts for just 2% of our readers.

Alliance members will get first refusal on seats at FT1.

Everyone else will miss out. 

We hardly ever have a special, discounted intake into this this elite club. Because the value we’re giving away over the years is so massive.

But we’re doing so for five days only to celebrate our 20th year and to get like-minded folks in the fold onboard with our Year-20 Manifesto.

So, what exactly is the Alliance? 

A single one-time joining fee gives you full, unrestricted access to everything we currently publish — automatically.

Every advisory. Every password-protected section of our website. Every new service launched in 2026. Permanent access to replacements, where possible, if an advisory closes. No more subscription renewals, ever.

It started with a simple idea back in 2013: give people lifetime access to our research so they can build a long-term relationship with our analysts and thinking.

Over the years, it has evolved into something far more valuable than even we expected.

Rather than describe it myself, it’s better to hear from the people who have experienced it for years.

---

‘Alliance is easily the most
trustworthy and
comprehensively
informative source that I
have
ever heard of or subscribed to.’

‘I find my Alliance membership to be excellent, I value it highly, and I'm very glad I spent the extra sum to join it in 2014.

Since that time, the growth in both the number of services and the improvement in the quality of the overall offering has been incredibly good.

My Alliance membership is easily the most trustworthy and comprehensively informative source that I have ever heard of or subscribed to.

‘The only real difficulty I have is deciding which of the services and their recommendations to focus on, they are all so good.’

Roger M.

---

‘The best decision
I have ever made.’

‘The best investment decision I have ever made is joining the Fat Tail Alliance Membership back in 2017.

It's allowed me to steadily grow my super and personal investments over the years including 40% growth in the last 12 months.’

Gabriel

---

‘Definitely one of
my best investments.

Highly recommended.’

‘Becoming a member of The Fat Tail Alliance has definitely been one of my best investments, not just for the investment tips but for the education on becoming a better investor. Highly recommended.’

Dave H

---

‘Only wish I’d done
this years’ earlier!’

‘As I had quite a few subscriptions over many years, it was a no-brainer for me to jump to full Alliance Membership a couple of years ago.

Only wish is that I should have done this years earlier. So glad I did.’

Paul E

---

‘Without doubt one of the
best investments made.’

‘Really enjoy the variety of views on both individual stocks and the broad market in general.’

LM

---

‘Super confident about securing
my financial future, and the Alliance
Team will play a huge
part in
supporting my success.’

‘I know I have the service for life and it will see me through many, many cycles.

I followed you guys for 5 years before putting down my hard earned — through Covid, lithium, A.I, and gold bull markets, and now into the commodity cycle and whatever else the financial markets throw at us.

I am super confident about securing my financial future, and the Alliance Team will play a huge part in supporting my success.’

Jase R

---

Alliance membership is not for everyone.

But if you appreciate what we do here at Fat Tail… and want to be aligned with the vision we are setting for the next 20 years…then the Alliance may be the single most valuable financial decision you make from here.

When we launched Alliance, our entire stable of advisories cost $3,071 per year.

Today, the combined ANNUAL value of our services is $23,688.

Those first Alliance members are now receiving nearly $24,000 per year in research for a joining fee they barely remember paying over a decade ago.

To put that in perspective, our Small Cap Systems advisory alone costs $3,499.

On its own.

For a single year.

That’s more than the membership fee to join the Alliance when we first opened it!

Multiply that across more than 10 advisories, and the numbers become staggering.

Alliance literally costs us money over time. That’s why we rarely do these special intakes.

---

‘I’ve seen them deliver
in a well-rounded,
honest
manner time and time again.’

‘One of the best no-brainer decisions I’ve made for my journey. It suits me and I’ve found it tremendous value.

I’ve known most of them for a long time which helped me with the trust issue as I’ve seen them deliver in a well-rounded, honest manner time and time again.

Their opinions can differ but that is honest and allows for freedom of expression.

I don’t give good references easily…’

John C Scott

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‘Taking the ‘Alliance road’
was just what I
was look for.
And so reassuring.’

‘Taking 'the Alliance road' with independent investment research,education and vision was just what I was looking for and so reassuring. It has added so much value to our SMSF with informative information. Thank you.’

Graeme R

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‘When people ask me what shares

to buy. I direct them to Fat Tail.’

‘I have been a member for well over 10 years and can say your service has certainly changed my investment approach and increased my knowledge far beyond what I ever expected.

When people ask me what shares they should invest in I direct them to Fat Tail.  Great service and great team, please keep it that way.’

Mick T

---

So, there you go.

There might be a chance you agree with what all these people are saying… but remain happy to stick with your few, selected subscriptions.

That’s all good. Most people will do that.

But if this proposition piques your curiosity:

Then we have a very special Year
20
Alliance joining offer for you

It’s a very small window for you to come inside The Fat Tail Alliance… for life. And experience all the benefits and feelings the people outline above.

This window last opened in 2023.

It may not open again till 2027.

And it’s only open for five days.

Here’s what you’ll IMMEDIATELY
get… for
life... with this rare
Fat Tail Alliance intake…

Let’s begin with an advisory… and a very talented operator… who’s leading Fat Tail Investment Research into our second epoch…

Australian Small-Cap Investigator

Blistering track record.
Analyst at peak powers.

Our oldest advisory has always been our most popular.

But since Lachlann Tierney took the reins, it’s ‘levelled-up’ spectacularly. Every targeted section of the Australian Small-Cap Investigator portfolio is firing like a Formula One engine.

ALLIANCE VALUE SO FAR:
$299 Y/R

For instance, the Innovation and Technology section is currently sitting on a blistering average gain of 248%.

Remarkable given the recent selling in the sector.

But Lachy’s not a ‘tech’ guy, as such. He lives and breathes the high-risk world of small capitalisation stocks. And his superpower is his contact book…

A key part of our Year-20 Manifesto is to team up with A-Players who are pre-eminent in their fields.

I can tell you now, that’s Lachlann Tierney. In 20 years, I’ve not worked with an analyst with more connections…and who actually uses them on a weekly basis to get leads, confirm hunches, and greenlight recommendations.

He gets in the faces of CEOs…hits up brokers, money raisers and the serial company-launchers on the Aussie scene…

Most of all, Lachy uses his insider status to put feelers out for which way the wind is blowing… which is crucial in the small-cap space.

For instance, he was recently speaking to one wealthy private investor who just made his “lunch money” in 30 minutes by shorting the ASX 200… on the expectation that the Japanese market would sell off on open and drag the top Aussie stocks with it.

He told Lachy: “liquidity is cooked”.

And to not bother buying “the smallies” until Australia Day at the end of January! Well, Lachy has different ideas there. So, they had a healthy debate.

But these are the circles he moves in, and as Publisher I’m absolutely delighted this is the direction our flagship advisory is moving in, too.

Lachy is already doing the business for Australian Small-Cap Investigator members…

He came in hot with his Lithium’s Final Run thesis.

Those stocks are already up 10%, 14%, 48% and 53%.

But if you were paying attention in the After AI sessions, you’ll know that Lachy is only just getting started…

He believes we’re only at half-time in this AI-driven investing cycle. He has some AI plays up his sleeve there for the New Year that he reckons have a ‘force field’ around them if there’s a sell-off in the AI majors.

He’s three steps ahead of the coming ‘agentic AI’ build-out.

He has moves in the pocket for a rebound in gold and gallium stocks in 2026. (Gallium will be used in the next wave of AI chips.)

This is part of an overall thesis of Lachy’s that the second half of the AI driven bull run will see the market’s focus shift to the commodities that enable it.

He has some other intriguing set-ups I’ve been sworn to secrecy on for now.

But I will stress loud and clear: a lifetime subscription to Australian Small-Cap Investigator on its own is a complete no-brainer. But we’re just getting started…

Diggers and Drillers

Exploration Boom 2.0.
A geologist leading you through it. 

James Cooper knows more than the rest of us ever will about how new mining exploration booms form.

And which small miners are likely to benefit most.

ALLIANCE VALUE SO FAR:
$598 Y/R

Mining investment has been starved across the board for years. From precious metals, industrial metals, energy and even those commodities related to agriculture.

There’s not enough capacity to meet rising demand in 2026. Especially with AI datacentre and chip building putting the squeeze on critical mineral supplies.

James can see the setup clear as day.

Because he’s been here before…

James is an exploration geologist with two decades experience in the mining business — working with everyone from tiny rock-hunters trading for 6 cents a share... all the way up to multi-billion-dollar operations.

He earned his stripes during the early 2000s, working his way up through companies like Monax Mining and Crosslands Resources... before becoming Senior Project Geologist for Barrick Gold.

James helped head up Barrick’s massive operation in Zambia: 20 rigs, 18 geologists, and around 100,000 metres of drilling through some of the harshest conditions you can imagine.

Back then James used his geological expertise to make mining companies and their executives even richer.

Today, he uses his superpowers to help Diggers and Drillers members make the right moves…just as the mining exploration cycle starts to heat up in 2026.

As Darby puts it:

‘James is one of these decent honest blokes you can trust. He’s not up there with the shiny pants mob pretending, but down in the dirt, where he can see, hear and smell what’s going on... I have been an investor for over 40 years, and you get to know who you can trust. I trust this bloke.’

Lorna agrees. She says:

‘James is the real deal. He explains everything in plain English... He is a great geologist with a keen understanding of commodity cycles. I definitely trust his judgement.’

Fat Tail appears to be entering our next 20 years in much the same way as the first 20…with a cresting mining exploration boom.

Now, mining has always been a high-risk industry, in booms and lull periods. But some of the risk/reward profiles in this market look better in 2026 than they have in the last decade.

But this cycle won’t play out in just 12 months. If James is right, it’s just getting started.

Diggers and Drillers costs $299-a-year.

You will stop paying that annual subscription and get it for as long as it’s published (and we’ve had iterations of this advisory since we began 20 years ago…) if you take this opportunity to join The Fat Tail Alliance today.

Worth pointing out this chance to lock in everything for life today doesn’t just apply to our inexpensive, entry-level services. You get EVERYTHING (with just two exceptions, for practical reasons, which I’ll explain shortly.)

Which brings us to another man sitting on a scorching track record right now, Mr Brian Chu…

The Australian Gold Report

& Gold Stock Pro

551%. 303%. 153%. 247%. 40%. 150%.
All banked since January…

Check out that rolling value counter to the right. It’s creeping up, isn’t it! Your Fat Tail Alliance membership — should you accept this special invitation today — is already worth collective dues over $4k PER YEAR… in perpetuity.

And we’re just getting started!

ALLIANCE VALUE SO FAR:
$4,096 Y/R

Joining the Alliance will grant you lifetime memberships to both Brian Chu’s Australian Gold Report and his elite gold stock trading advisory Gold Stock Pro (which would normally cost you $499 and $2,999-per-year respectively).

Put simply, if you want to know EXACTLY how to manage the gold and precious metal equity component of your overall investing strategy over the next ten years, Brian is the Gold Jesus.

He’s brilliant at picking points in the cycle when gold and silver should take a back seat… when to increase physical exposure… when to attack speculative opportunities…  and when to scale back and bank your profits.

2025 was very much a ‘bank profit’ year for Brian and his members. The Australian Gold Report has liquidated the following positions since January:

Southern Cross Consolidated 551%
Gold Road Resources 303%
Adriatic Metals 153%
Spartan Resources 247%
Evolution Mining 40%
Genesis Minerals 150%

Just a SINGLE stock sold for a loss this year, Vault Minerals, and that was just for -35%.

Just screen those numbers one more time.

They show a true maestro at work.

Even with all those profits secure, the current open portfolio is still sitting on an average gain of 153% across 13 open positions.

Gold Stock Pro focuses on even more speculative plays.

This is for the slightly more sophisticated gold stock trader.

Its current open position figure on the Explorer section of the portfolio?

Up 637%.

The average gain on his Near-Producer positions?

275%.

The Producer section a little more mixed with five open positions at: -15%, -18%, -18%, +114% and +124%.

Overall, the current open positions record from both of these advisories is jaw-dropping.

Now, the caveat of ‘Past performance is not a guide to future performance’ should always be pointed out when citing track records.

But it actually applies in another way here.

Brian doesn’t think 2026 is going to produce the same results as 2025 in terms of gold equity plays.

Show me a gold bug anywhere who will admit that!

And that’s Brian Chu’s superpower. Precious metals and the companies that find them and bring them to market are his wheelhouse and life-passion. But he’s not a permanent cheerleader.   

Gold’s phenomenal rise in 2024/25 from US$2,065 to over US$4,000 an ounce 2025 may have a breather in 2026.

That’s not something mainstream gold bulls will freely admit.

Brian is cautious about chasing new opportunities aggressively at this stage.

And that’s precisely why he’s the only precious metal specialist you should put your trust in.

He’s going to be selective on adding more explorers to the roster in 2026. And is focussing instead on developers with mature deposits that have proven resources.

But as Fat Tail enters the next 20… and the world’s financial system becomes more debt-clogged than every… you’re going to want this gentleman stewarding this part of your portfolio.  

The same goes for perhaps our most beloved analyst, Mr Murray Dawes. As an Alliance member you’ll receive both his premium trading advisories… for as long as they’re published… without paying any further subscription  dues.

Retirement Trader

& International Stock Trader

Supercharging your ASX nest egg.
And our first analyst to ‘Go North’…

As you can see, annual Fat Tail Alliance value has now breached the $10k mark.

You’re perhaps beginning to see why this is an elite club worth joining in the very rare times we do special intakes like this one..

ALLIANCE VALUE SO FAR:
$11,094 Y/R

As Alliance member Gavin M says:

‘I don’t know why I didn’t become an Alliance member sooner, it's awesome.

‘I appreciate the value and guidance I get from all the contributors, I read ALL the newsletters religiously.

‘As a result, I am well informed and able to make all my investment decisions, whether in the short, medium or longer term with more confidence, while also keeping the bigger picture in mind as well as my retirement goals.’

RETIREMENT GOALS are a primary focus of Murray Dawes, but with an active trading edge.

Retirement Trader uses Murray’s decades of experience from starting in the Sydney Futures Trading Pits… as well as his toolset of technical trading ‘dark arts’ to help you supercharge the ASX part of your trading portfolio.

If there’s an AI correction next year, the ASX won’t be immune. But it WILL be shielded somewhat…with the resource sector firing up again.

Murray knows this market like the back of his hand.

With Retirement Trader (which normally costs $2,999-a-year) Murray’s aim is to help you make, on average, a 30% return on your money, every year...while only risking 2% of your capital on any one trade...and only trading around 15 times a year.

His International Stock Trader (which normally costs $3,999-a-year) debut a few months ago was our most popular advisory launch in years.

This is where Murray takes that exact same toolset…and unleashes it on the global markets.

The beauty here is, if an area or market or theme is facing headwinds, you can decamp and look for openings elsewhere.

Wherever there is growth…he’s chasing it.

No opportunity, jurisdiction or index is off-limits. We expect this advisory to really start delivering the goods in 2026.

As you can see to the right, Murray’s readers swear by his methodology and trust him implicitly.

Alliance member Wayne F writes:

‘My alliance membership paid for itself…

The thing is you have something for everyone whether it’s blue chips or speculative stocks or something in between you can build a solid portfolio from any or your analyst.

I particularly like Murray Dawes, he does a fantastic job educating people on how to build a successful portfolio and derisking your positions…

…but I have made plenty of money utilising all of your analysts at one time or another.

So for me, happy days, and thank you for services.’

Look.

You don’t get testimonials like that ANYWHERE in this scene.

Ever.

If you can find any feedback like this on a super fund or manager or broker or financial advisor, I’d love to see it!!!

This is your chance to lock in with our ethos at a one-off buy-in and get it all for life.

But we must hear from you now.

We hardly ever offer special Alliance intakes like this one. And when we do it’s only briefly.

This current intake ends at

midnight, Tuesday 9 December

If you’re aligned with what we’ve been talking about in recent weeks, and with our values and mission here at Fat Tail, this is an opportunity worth seizing with both hands.

If you do, you’ll likely be sending us messages like this in the future…

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‘Best decision ever made.’

‘Joining the Alliance has truly been one of the best decisions I’ve ever made.

When I look back at my account and see how well my share trading performed last year, I know it’s no coincidence.

You must be doing something right, and I’m grateful to be part of it.’

John N

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‘An elite, diverse, harmonious,
collaborative team.’

‘It has provided in dollar value more than the original one-off sign-up fee and yearly maintenance cost I have invested in my membership over the years I have been a member (I was a founding member).

The education and learning in the financial, investment, and economics worlds, has been outstanding.

You have recruited an elite, diverse, harmonious, and collaborative team at Fat Tail. Congratulations. Keep up the high standards.’

Bruce S

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‘Made profits in the last eight years,

especially with gold stocks.’

‘More than happy with the range of investment opinions and recommendations. I have made profits during the last 8 years especially with gold stocks.

I feel most comfortable with the trading style of Murray Dawes and hard-headed investing thoughts of Greg Canavan.

‘I do love following the variety of options provided by James Cooper, Brian Chu and now Charlie Ormond and Lachlann Tierney in my separate more speculative mini portfolio. Many are still in the green and awaiting more upward drives before some profit taking in 2026.’

BS

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‘You feel ahead of the herd

and just a bit special…’

‘Great value, excellent commentary, you can pick and choose which publications you want to concentrate on. Alliance membership makes you feel ahead of the herd and just a bit special. ‘

Ross. F

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Part of ‘feeling special’ is forming partnerships with special people.

In our first 20 years, we made that a priority.

Fat Tail was an exclusive Australian publisher of Harry S. Dent Jr., the famous American economic forecaster best known for using demographic trends to make long‑term market and economic predictions.

We were the first to publish the controversial land cycle theories of Phillip J. Anderson (now continued by our friend Catherine Cashmore, who gives a quarterly cycle podcast ONLY for Alliance members).

In the past, we’ve brought the likes of Satyajit Das and even the legendary Jim Rogers down for our conferences.

Part of our Year-20 Manifesto is to double-down on this strategy of teaming up with likeminded (and sometimes already-famous) superstars in their field.

We’re lucky to have two such characters with us, and hitting peak form going into 2026. And, as an Alliance member, you’ll get their advisories for life as well for as long as we publish them…

Jim Rickards’ Strategic
Intelligence Australia,
James
Altucher’s Investment Network
Australia
& James Altucher’s
Early Stage Crypto Investor

Global investing legends.
Unique Aussie focus.

If you don’t already have these mercurial fellows feeding you their leading specialist insights, you should. Especially going into 2026.

If you’re already a member, you should take this chance to lock in these advisories for life before this window closes at midnight on Tuesday, 9 December.

ALLIANCE VALUE SO FAR:
$15,691 Y/R

Jim’s reputation as an economic analyst precedes him.

He’s a portfolio manager at the West Shore Group... an advisor on financial threats to the US Department of Defense and intelligence community...

And he was the facilitator of the first financial wargame at the Pentagon.

Jim and his Australian analyst Nick Hubble believe a HUGE factor with the AI boom that everyone is underplaying is the US mid-term elections next year.

Jim has also just identified that he is “beginning to believe they will prove more important than any investment or geopolitical theme you encounter in the next five years.”

James Altucher is tapped into the bleeding edge of AI as much as Jim is to Washington DC.

Early in his career he contributed to the chess computer that evolved into IBM’s Deep Blue, the system that famously beat world champion Garry Kasparov, giving him front-row experience with the first wave of machine intelligence.

He’s a former hedge fund manager, and has used AI-driven software to design and test trading strategies, long before “AI quant” became a buzzword. 

Wherever AI goes in the next few years…you can bet James will have you a few steps ahead.

With both these advisories, we have two brilliant guys (Nick Hubble and Charlie Ormond) on the ground here in Australia filtering the advice for you…and sometimes providing additional recommendations.

Both Jim Rickards’ Strategic Intelligence Australia and James Altucher’s Investment Network Australia cost $299-a-year each.

And you will also have lifetime access to James Altucher’s Early-Stage Crypto Investor, which normally costs $3,999-a-year.

This is where James uses his expertise and Silicon Valley connections to get you into early-stage projects and stablecoins connected to blockchain innovations, digital payment systems, and other next-generation crypto technologies

Join the Fat Tail Alliance today and you will no longer pay the above individual  subscriptions. Ever.

Nor will you with:

Greg Canavan’s
Fat Tail Investment Advisory

The quiet achiever. Year after year.

Greg’s the director and bedrock of our entire analyst team, as is his personal advisory.

Greg’s helped me steward Fat Tail through the first two decades, and is pivotal in refocusing the business for the next 20.

ALLIANCE VALUE SO FAR:
$16,190 Y/R

We have some big plans for the Fat Tail Investment Advisory in 2026.

If you appreciate the art of value investing, and ‘quaint’, old-fashioned metrics such as return on capital, dividend payout ratios, and reinvestment rates… all used to spot undervalued businesses temporarily knocked down by short-term factors… then Greg is a valuable ally. Especially in this chaotic, trend-chasing, growth-obsessed era.

Alliance member MG is one of those people, and emailed in November to tell us:

‘I value the Alliance’s investment focus because it feels more “set and forget” than other advisories.

That makes the process more relaxed, while my investments continue to grow steadily.

I don’t have all my capital with the Alliance since I like to use a mix of newsletters, but I’ve stayed with the Alliance because it works for me.’  

The Fat Tail Investment Advisory fits the role here for members with this mindset. It’s our quiet achiever, with an annual average return among open positions of 24% and 5% dividend return.

It’s a vital resource for the less speculative-minded investor.

And we have ambitious plans for 2026 and beyond for our classic, linchpin service… expanding Greg’s expertise out into the wider world, much like we did this year with Murray Dawes’ International Stock Trader.

Stay tuned on that…

So, now we’re at $16,190 in ANNUAL value already.

But we’re not done by a long shot.

Before I show you what else you’ll enjoy as an Alliance member (it’s not just lifetime subscriptions) let me briefly explain how this elite tier works…

How The Fat Tail Alliance works

For a one-off investment made right now, you get lifetime access to everything we currently publish.

With just two exceptions. Our microcap advisory. Where the thinly-traded nature of those stocks require a strict cap on membership. And third-party products we might occasionally endorse which are not our own. Apart from that, you get everything. For as long as we publish it.

That’s not marketing fluff.

It’s literally access to every current service, plus anything we launch next year, and a like-for-like replacement where possible if any advisory ever closes.

Now, the buy-in fee is not insignificant (as you’d expect).

And there is a modest ongoing maintenance fee.

But once members are in the door, the vast majority can’t believe their good fortune… and wish they’d joined far sooner.

As Alliance member Steve B just emailed:

‘For the many years I have been an Alliance Member, I have never been disappointed with my decision.

Although I do not always agree with the commentary, I am continually impressed by the fact that each contributor is honest even if contrasting in the face of common mainstream opinion.

And it always makes you think!

I consider my Alliance Membership as one of the best investments I have made.’

Member John echoes that:

‘It is one of the best investment decisions I have made.

And this message from Dave perfectly sums up the opportunity you have today:

‘Very happy. Found it to be an absolute magic service.

Gives various views on a range of issues that I can then think about and make my own decisions based on our specific circumstances.

Being an Alliance member for a number of years now (one of the original ones) has changed my thinking after losing big, big dollars in the GFC due to very poor financial advice (by others) at the time.

(Now I’m) a longer-term thinker and focusing more on the unintended consequences and winning by not losing again, as we cannot afford at our age to take another big hit.

I enjoy all the various publications so keep up the good work you do — it is appreciated — thank you.’

Read that testimonial above
again. It
sums up the Alliance
in a nutshell…

This club is about more than just saving tens of thousands of dollars in future subscriptions.

It’s a super-weapon that will give you a significant advantage for the rest of your investing life.

You pay the entry fee now (we’ll get to what it is shortly).

And get ‘comped’ to all current advisories in perpetuity.

Without ever having to renew an individual subscription at the end of each year.

You will also get everything Fat Tail  launches in 2026.

NO EXTRA CHARGE.

It’ll just be added to your Alliance stable as soon as we launch. (And we have some serious plans in motion here, which I’ll expand on in a second).

After next year, your Alliance membership will give you PRIORITY ENTRY and AN ALLIANCE DISCOUNT OF A MINIMUM of 50% on every new service we launch in 2027 and beyond.

From 2027, when a new arm of our stable is added, you’ll pay that one-time, heavily discounted fee.

And then that service, too, will be added to your lifetime membership.

Unlike everyone else, you’ll never have to renew your subscriptions.

As member Vincent explains:

‘Being an Alliance member has given me access to an increasing number of publications over the past years. That means a broader range of views at a lower cost.’

And 2025 has been a very good year for many Alliance members.

We certainly can’t and won’t claim full credit here.

The markets as a whole… and the Aussie mining and gold sectors in particular… have certainly helped.

But the Alliance had the right
advisories —
and the right analysts
— already in place to
help members
take maximum advantage

As member Chris D. just told us:

‘The advice I have received from Brian Chu and Murray Dawes has helped me improve my shareholding value during the last two years.’

As I say, the buy-in fee I’ll reveal shortly is not chicken feed.

But look…

If, like member Chris D. you’ve had an OK two years with your portfolio, serious investors reinvest their gains.

That’s how wealth compounds.

Think of it like a business: if a company takes 100% of profits as dividends and reinvests nothing, the business doesn’t grow. The share price stagnates.

Investors are the same.

If they’ve had a good year — which plenty of our followers have had, not just Alliance members (have a look at some of those track records we talked about above) — the smartest thing you can do, depending on your individual circumstances, is reinvest a portion of those gains into your future investing capability.

If you’re up $30k this year, putting, say, $15k down in a one-off joining fee to get in the Alliance door is not a “cost”.

It’s the equivalent of
reinvesting just
half your
gains into the next 5, 10, 15,
20
years of your investing life

(And, as you’ll soon see, the buy-in fee is much lower than $15k…)The ‘rolling’ total of annual Alliance value… how much you’d need to dish out to subscribe to every service for just one year… stands at $16,190.

And we haven’t even finished adding to it.

The final total as it stands is much higher.   

And that’s just for a single year.

You get that saving… year after year after year. 

I’ve not mentioned our aggressive, for-serious-traders-only exploration stock advisory.

It was launched for the exact phase we’re moving into in 2026 and 2027. And this is another service you’ll be permanently subscribed to if you join The Fat Tail Alliance in this little window that closes midnight, 9 December…

James Cooper’s Mining: Phase One

An advisory custom-built for 2026.
Strap yourself in…

Annual value of this Alliance membership intake breaks the $20k mark. And if ever there was time to secure permanent entry into THIS advisory, it’s 2026.

Here, James Cooper is on the hunt for a very specific type of mining stock.

ALLIANCE VALUE SO FAR:
$20,189 Y/R

The Phase One explorer.

As an exploration geologist, these companies are his specialty.

Even when the commodity cycle is in a lull, the right Phase One explorer can make crazy gains.

When it’s heating up… like right now… those gains can amplify even further.

For instance, James was involved in a gold ‘Phase Oner’ operating in the WA Eastern Goldfields, near the town of Leonora.

This company had what he calls a ‘Phase One Graduation’… propelling the stock from 1 cent to 17 cents.

But that was over a three-year period.

And it happened mostly while prices for many resources were pretty tepid.

Going into 2026… with the general commodity cycle turning… and investors switching from AI stuff to real assets… the kind of Phase One breakouts James is targeting could be much more frequent.

The current average gain across 18 open positions is 28%.

Which is great for an average holding time of 322 days.

BUT WE SET THIS ADVISORY UP FOR A SPECIFIC PERIOD IN THE CYCLE. AND WE ARE THERE… RIGHT NOW…

And it’s starting to show in the advisory’s portfolio.

That average gain across the Small Cap Miner segment has just reached 38%.

Let’s just do a reality check for context here…

Do you know how many Collins Street brokers would KILL for an average gain of 38%?

And, yet, here we deem that as a low-bar compared to what we expect from this advisory in the context of the exploration revival in 2026!

Ideally, we want to see that average gain TEN TIMES HIGHER by this time next year!

No guarantees, obviously.  Mining stock investing is always a risky business, whichever part of the cycle we’re in.

But after three long drought-stricken years for Phase One mining stocks, conditions are starting to turn.

You’ll have this advisory in your Alliance arsenal for years to come as that plays out. And another one. Not to toot our own horn here, but this was a First-20 call which we got bang on and very early…

Small Cap Systems

AI-assisted stock trading.

You heard it here first…

Going into 2026, the mainstream’s blabbing about AI stock-picking tools from risk management to growth play decisions.

AI is reshaping how both individual and institutional investors approach their portfolio management.

ALLIANCE VALUE SO FAR:
$23,688 Y/R

But, surprise surprise, Fat Tail was ahead of this curve several years ago.

We’ve been providing our own take on AI-powered stock picking well-before AI-powered stock-picking was a thing. 

AI-powered being the key two words.

You still need an exceptional human stock-picker to analyse, greenlight and manage every move.

Small Cap Systems is our AI-assisted trading advisory.

Set into motion years before artificial intelligence soaked into everything, everywhere, all at once.

Fat Tail Alliance members got enrolled into this experimental advisory as soon as it went live. Back then it seemed a bit like wonky science fiction.   

We got an algorithmic trading specialist— the former Google engineer and creator of a platform that used AI-driven models for dynamic portfolio management in US market — to make us a custom-designed trading alert service for our interested Aussie investors.  

It targets small-cap stocks under $2 billion market cap for momentum-based trades.

I’m sure there were some outfits experimenting here even before ChatGPT… but Small Cap Systems was definitely on the vanguard.

Even with how things have matured in the space since we launched.I doubt you can find an AI-powered trading advisory with our track record and years of logged data and experience.

It’s an ever-learning model that analyses the smallest stocks on the ASX to find the highest-probability trades in any given month.

And — like most of our other advisories right now — the Small Cap Systems results are heating up. The average gain on  ALL closed Small Cap Systems speculative positions for 2025 is 47%.

An indication of a system, already punching above its weight, which could come into its own in a volatile 2026.

But AI doesn’t sit still and neither do we. We’re currently working on some developments within the algo, and look forward to unleashing version 2.0 on the market in 2026.

To be privy to these trades, you normally need to pay $3,499 each year.

Join The Fat Tail Alliance in this intake, and you’ll have lifetime access at no further subscription charge.

So that’s $23,688 of annual value…

year-after-year… locked in today

Multiply that out over ten years and you’re talking $200,000+ of research in a decade.

And it’s hugely important to stress:

We haven’t even gotten to the other benefits, privileges, priority accesses and future-launched services that Fat Tail Alliance membership entitles you to!

As member Kim puts it:

“Promise of "free for life"
seemed unlikely.
You've not only
been true to your word.
You
increased the value…”

‘Apart from the huge diversity of information, which is just sensational and probably not available in that form anywhere else, I really like the honesty of the company and the people who write the various publications.

‘When I joined, the promise of "free for life" seemed unlikely, but you've not only been true to your word, you increased the value of the membership.

‘As to the editors, it's great that they don't try to hide or gloss over their mistakes but more importantly you learn an enormous amount from them - even if it's not to follow their advice!! Truly fabulous service.’

Kim

So, to the big question:

In this little window where open up Alliance at a hugely discounted buy-in fee …

What’s IS that buy-in-price?

Here’s a full account of the value that you’ll get over time — just by securing lifetime access to our current services. (Not including the additional benefits we’ll cover in a second):

With that in mind you could say that $23,000… roughly the value of our current stable of services for just one year… would represent insane value.

The one-time buy-in price today isn’t anywhere near that.

Wrap your head round that for a second.

That buy-in… paid just once… is $13,689 less than what you’d pay for our current advisories for a single year.

$9,999… (a 57% discount on the normal membership dues over 12 months)… gets you in the door for life.

Now, as I’ve mentioned, there IS an annual maintenance fee.

This is just to partially offset the (not inconsiderable) basic admin and fulfillment costs of servicing our elite members.

This fee is normally $749 p/y.

But for this special 2025 intake, you will receive two things regarding this fee.

You will lock in a permanent 20% discount, to $599 p/y. (A yearly saving of $150).

And we will defer it for one year. Meaning you won’t start paying it until Year Two of your Alliance membership.

$9,999 is blindingly-good
value.
You can see why we
don’t do this often…

Still, I understand $10k is hardly pocket change.

We’ve never claimed Alliance is for everyone.

For instance, you may be perfectly happy with the current few subscriptions you might have. And that’s perfectly fine.

Or you might be more aligned with Alliance member JD, who writes:

‘I joined many years ago. 

There is a lot of (excellent) material that comes through and although it is nigh on impossible to read it all (I am a slow reader to start with) I do look at all the different types and varieties of trading. 

I not only check out those that are within my current budget, but also those that are outside my budget at any given time.  Sometimes reading one report gives me some insight into other areas that I am interested in investing in. 

I appreciate the variety of reports available and all the time and the effort that goes into creating them for me to read, learn from, and then select those trades that I think suit. 

On occasions when I have had a query, my questions have been responded to timely, professionally and appropriately.

So, to all concerned, please keep up the excellent work.’

GET STARTED NOW

Now…

Let’s get to the OTHER perks
and privileges
that $9,999 locks
in for you today…

First and foremost, you’ll get every new service (excluding anything we do with a third party) we  launch in 2026 automatically. No extra charge. You’ll simply be automatically enrolled. For life.

Now these plans are all in various stages of development at this stage. But we are aiming for these new additions to make their debuts next year. Starting with an as-yet unnamed project that we’re calling (for now):

THE SIGNAL: Fat Tail’s Untitled,
AI-Assisted
Stock Move Detection
Project Aimed at Putting
You Into
Multiple, Multi-Day Runners

This one’s got me salivating…

You might have noticed that AI is increasingly deployed in tools that forecast stock price moves days or weeks ahead.

Often outperforming traditional methods through neural networks, sentiment analysis, and intermarket data.

There are mainstream platforms like Trade Ideas , VantagePoint A.I. , and Danelfin that appear to have been achieving predictive edges in 2025.

But what if we partnered up to create just such a system ourselves… Fat Tail-style?

As you’ve just seen, your lifetime Alliance membership already includes Small Cap Systems, where a custom-designed AI black box is combined with Charlie Ormond’s expert — but human — oversight to get you into and out of medium-term trades.

This will be different.

Our developing vision is a Fat Tail system that scans pinpointed raw data to alert you to IMMEDIATE potential moves in certain stocks.

Not medium-to-long term AI-assisted trading.

This is for the short-term speculation junkies!

Now, let’s not jump ahead of ourselves. We’re not even in the beta/backtesting stage of development yet.

But this could be one of our big Year-20 Manifesto unveilings of 2026. Flagging:

• The earliest “blips” of smart money entering certain small capitalization stocks
• Spotting short-term downward reversals
• Sector-flow intelligence (where capital is rotating in real time)
• Weird trading volume changes in some stocks that are unexplained by public-domain info.

I’ve only sat in on a few initial development meetings on this.

But it’s exciting, and my mission is to get it live in 2026.

We’re not sure yet what the price point is for ‘The Signal’.

But whatever it is, it will be a premium service, and accordingly in the $2,000-range. Well, provided you accept this Alliance invitation today… you won’t pay it.  

Not initially. And not in renewals. You’ll be enrolled in ‘The Signal’ for the lifetime of the advisory if we successfully launch it in 2026.

PROJECT C: James Cooper Attacks
the
2026 ‘Cyclic Convergence’

2026 sits at the intersection of several “big cycle” clocks – Gann-style time counts, Williams’ seasonals, and modern interpretations of Kondratiev/Livermore long waves.

Many cycle theorists… including Fat Tail friend Catherine Cashmore… frame next year as a potential reset or inflection point.

So, it’s a perfect time for James Cooper to finally breathe life into a mysterious project he’s been thinking about for a while now…

A highly-specialised trading service fusing overlapping ‘master cycles’ with technical analysis. James will also be drawing on his deep first-hand experience of how cycles drive the commodity markets… although, this will NOT be a pure resource stock advisory.

It’s about pinpointing major turning points when several harmonies line up, and identifying where key support and resistance levels are likely to form.

Says James:

“Markets sometimes turn at predictable moments in time.
When you know those indicators to watch you can put probabilities
(not certainties) on your side as an investor or trader.’

This would help you trade:

• Long term support and resistance levels
• Key break-out zones
• Tactical shorts in tougher markets

The essence of James’ strategy it to limit downside risk, often to less than 10% of your overall trade or investment… while keeping upside infinite.

It’s a completely new flavour for us — and could be perfectly suited to the choppier, cycle-driven environment expected into 2026. As will:

The Fat Tail SHORT REPORT

Shorting is back in the conversation.

As you probably know, shorting stocks involves borrowing shares, selling them at the current price, and repurchasing them later at a lower price to return to the lender.

You’re betting on a stock falling as opposed to rising.

In our first 20 years we were tempted to find the right person and strategy for a dedicated shorting advisory.

Going into 2026, with AI where it is… valuations in certain stocks elevated to the historic extreme… and volatility off the charts… the time is right for us to provide a Fat Tail take on profiting from price falls.

Goes without saying this won’t be for everyone.

Shorting stocks is risky because losses can be unlimited if the stock price rises instead of falls.

But there are BIG benefits, for the right investor. At the right time in the markets. And there also many interesting ways these days to bet against markets, sectors and stocks WITHOUT using leverage, too.

A few of you have been very interested for a few years in adding this to your set of options.

So, in 2026, we‘re exploring how we do that. But in our own unique way…

Shorting's going to play an increasing role for slightly more sophisticated investors in hedging volatility from Fed policy shifts and AI tech swings.

The in-development Fat Tail Short Report aims to identify overvalued, fragile, or momentum-fading stocks before they crack. Covering:

• Red-flag accounting
• Loss of momentum patterns
• Bubble stocks ripe for correction
• International short opportunities
• Tactical ways to hedge portfolios
• Optional short trades for sophisticated traders

If we can do it, this would likely be a limited-window product designed specifically for a maturing cycle.

It will be specialized. And it will likely be one of our more expensive offerings.

If we give this advisory the greenlight, you won’t pay the entry fee, or the ongoing renewal dues. If you join The Fat Tail Alliance it will be automatically added to your Alliance stable for as long as we publish it.

China Unlocked: A New
Fat Tail Advisory
Focussed
on the Middle Kingdom

I can also announce now that we are searching for a Fat Tail-thinking China geopolitical and economic specialist.

We dearly want to get this off the runway in 2026, and the sooner the better.

But it entirely depends on the discussions we’re having with some leading China experts who are in line with our Fat Tail ethos.

America — with Trump and AI — gets all the news-flow.

When, in reality, the world’s next biggest superpower is going to have a far-bigger sway over your portfolio in the next 20 years.

China is the single most influential external force on the Australian economy — yet almost no one covers it properly for Aussie investors.

So, we’re exploring an idea for a research service led by someone who truly understands China’s economy, domestic politics, policy cycles, resource demand, supply chains and geopolitical tensions.

We will not launch this advisory until we have found the perfect person to helm it. Watch this space…

PROJECT “Trader’s Alchemy”:
A New Mentoring

Service by Murray Dawes

We’ve been talking about developing a formal way for interested traders to tap Murray’s brains and decades of experience for some time now.

This will be it.

Still very much in the planning stages. But this won’t be a trading service. It’s potentially even more valuable than that, for a certain type of investor looking to get smarter and make their own decisions (Teach a man to fish…)

No hype, no monthly essays, no long issues — just practical, real-time trading instruction. From a legend in the field.

At this stage we’re looking at a format where ‘students’ would:

• Send in one stock they’re looking at.
• Murray picks several then shares his screen as he analyses it using TA in real time, thus imparting his knowledge.
• He’ll break down the price action, levels, pivots, the psychology behind the trade.
• Teach you risk management, trade management, how to set up and structure trades, and even suggest levels on where he would look to buy or sell based on his system.
• The idea is to show how Murray thinks, not just what he trades

Murray reckons he’ll be giving away 90% of his system.

While keeping the “secret sauce” — the actual calculation —and specific trades — for his two trading advisories.  Not for everyone. But if it launches in 2026, it’ll be yours, permanently, at no extra charge.

So, just to be clear:

We’re anticipating at least $7,000 in potential combined value — added on to the current annual value of $23,688 — next year alone

That’s not all.

New eligible advisories released from 2027 onwards…

…you will be given priority entry for a guaranteed minimum 50% discount off the publisher price.

And unlike other subscribers, that will be a one-time fee.

Meaning, you pay a 50% discounted price once. And it’ll simply be added to your Alliance 'lifetime collection' membership.

So, the value totals we mention today just keep rolling higher and higher. Look at everything you get, just right now:

Remember, when you join the Alliance you don’t pay these individual subscriptions...ever again.

Same goes with everything that debuts in 2026.

Plus, lock-in a 50% discount on any additional publications, which grants you a lifetime membership to everything thereafter.

And then there are the other privileges.

As I mentioned, you will have ‘first right of refusal’ on seats at FT1 at the Windsor Hotel next year.

There are only 160. We will not able to accommodate everyone. But then… not all Alliance members will be able to make the time and location.

But as you’ve seen, this is going to be the hottest ticket in town that night. And we’ll set up a system where Alliance folks who are absolutely sure they can make it will have a really good chance of scoring one.

You will have similar priority
access to
FT2… FT3… etc… as
well as any other special
Fat Tail
conferences and events

There’s one more benefit that your one-off $9,999 buy-in locks in today: THE ALLIANCE LEGACY PROGRAM.

‘What happens to my membership when I kick the bucket?’

Not the most pleasant of thoughts.

But we’ve thought about this. And while it’s technically a lifetime membership… we’ve actually elected to extend it BEYOND your life.  

Meaning:

As an Alliance member, you can bequeath your membership to your spouse or child — even a grandchild, if you wish.

So that the people dearest to you can enjoy all the benefits of Alliance membership for years and generations to come.

So, there we are.

What do you say?

Whatever you say, please say it reasonably quickly.

The future value we sacrifice when we open Alliance is immense. Which is why we only do it every few years, and only for a few days.

To get THIS, we must hear
from you before
midnight,
Tuesday 9 December

This is not for everyone.

But I don’t think I’ve come across a single member who regretted making the decision you have before you right now.

‘After 10 years of investing, I have doubled the value of my portfolio and received about same value in dividends.’

William F.

‘My Alliance membership has helped me to live a comfortable life financially.’

Margaret

‘I have definitely gotten good return on my Alliance Membership so far… ‘

DM

‘I am enjoying the wide service and find it very informative. A great way to follow the market and invest wisely for the little guy.’

Andy T

‘All in all, value for money and delivered as promised.’

Sunny

‘I started… mainly to enhance my share buying for my SMSF, at the time around 2014…

…my portfolio is up significantly now.

I thoroughly enjoy reading about investment ideas even if I don't implement them. An open mind and contrarian approach is always helpful.’

DA Parkinson

‘I have learnt so much, and invested in a much larger range of industries, with overall, a very profitable result.’

G. Wilson

‘Being an Alliance member has given me access to an increasing number of publications over the past years. That means a broader range of views at a lower cost.’

Vincent

‘Great ideas… Your team is fabulous’

MP

As I’ve said many times, there’s much more to joining the Fat Tail Alliance than simply saving a ton of money...

It’s a commitment to financial
freedom
and independent thought

In a critical year where we are celebrating our 20th birthday…

…and recalibrating and ‘levelling up’ for the next 20.

It’s hard to wrap your mind around this…

But if you accept this $9,999 lifetime membership now… you’ll have access to ideas and wealth opportunities years in the future when the ‘first AI boom’ is a distant memory in the rearview mirror!

We launched the Alliance because we felt that Australian investors were crying out for a trusted source that would look outside of a mainstream perspective and explore other possibilities.

That’s never been more needed — or more valuable — than it is going into 2026.

Mainstream explanations for things all too often come with hidden agendas. And in the financial world, these explanations often come too late for most people... after you’ve lost money.

Now, of course, I can’t promise that we’ll always be right, or that our guidance will always make you money. No one really knows what’s going to happen in the next ten years.

I can and will promise you, however, that we’re never going to be lazy, and we’re never going to be unimaginative. And we’re always going to be building, evolving, looking as far as we can ahead of the crowd.

Thanks for reading.
 
Remember, this Year 20 Alliance opening — to join the Alliance for under $10k — is only available for a short time.

At midnight AEDT on 9 December, the invitation will be withdrawn.

The next time you see an Alliance intake like this could likely be years down the track, and with a much higher buy-in fee.

So please go ahead and click on the button below now and we’ll take care of you from there.

Or, if you’d prefer to speak to someone over the phone, we have a dedicated Alliance line open all this week.

Cheers,

James Woodburn,
Publisher, Fat Tail Investment Research

GET STARTED NOW