In today’s issue:

• This site is about to become one of the most important locations in the British economy
• A £39 billion investment – but why?
• The chance for you to be ahead of the curve

This morning, I’m back in the office, but my mind is still racing from what I witnessed yesterday.

I’ve now returned from a secure location in Oxfordshire, a place that – on the surface – doesn’t look like much.

No fanfare, no public announcements, no flashing neon signs declaring what’s about to happen there.

But make no mistake: this site is about to become one of the most important locations in the British economy – and hardly anyone knows about it yet.

Right behind me in this photo is ground zero for a £39 billion investment – a project that is set to unleash one of the biggest growth opportunities in the markets over the next few years.

But here’s the thing: security at this site was unlike anything I’ve ever experienced before.

A highly guarded secret

When my team and I arrived outside the facility, we barely had time to take in our surroundings before security was on us. We were asked to move almost as soon as we stepped out of the car.

This place is protected by military-grade surveillance. It has a 24-hour armed security presence. It’s clear that what’s going on here is highly sensitive, incredibly valuable and deeply important to those behind it.

I’ve been to industrial sites before. I’ve seen projects on the verge of breaking ground. But this? This felt different.

Even though the project itself is still under development, what’s about to be built here will be transformational.

And yet, almost no one outside of the investment world is talking about it.

That’s because this isn’t government spending. This isn’t a publicly funded infrastructure project that requires months of debate in Parliament.

This is about private capital moving at an almost unprecedented scale.

Some of the biggest and most powerful companies in the world have quietly poured billions into this location and others like it – not for short-term speculation, but because they see what’s coming.

A £39 billion investment – but why?

The sheer scale of what’s being built across the UK is difficult to put into words. The financial backing isn’t coming from just one or two players.

As I mentioned yesterday, this investment is being driven by some of the biggest names in global business, companies that have a track record of shaping the future before the rest of the world catches on.

In total, £39 billion is flowing into this industry at an unprecedented pace.

This is more than just a single project. This is an entire sector being built from the ground up.

And the best part? It’s happening right here in Britain.

While other parts of the economy are facing uncertainty – stagnant growth, inflationary pressures and declining investment – this industry is surging ahead.

The opportunity of a lifetime

I’ve covered major investment opportunities before. I’ve seen how certain industries quietly explode in value before the majority of investors catch on.

Take the early days of the internet boom.

In the mid-90s, most people didn’t fully understand how transformative companies such as Amazon, Google and Microsoft would become. But the few who recognised what was happening – who understood what was being built before the masses – ended up in an entirely different financial position.

Or take the clean energy boom. In 2019, when the UK government committed to net-zero targets, very few investors took notice. Those who backed key hydrogen, battery and wind companies in those early days saw stocks surge by 500%… 800%… even over 1,000% in some cases.

Today, I believe we are at the start of another moment just like that.

A new sector is emerging. The groundwork is being laid. And in a few short years, this could be one of the biggest financial success stories of the decade.

But right now, almost no one is talking about it.

The companies behind this aren’t hyping it up. They’re quietly making their moves, positioning themselves for what’s coming. And those who recognise the opportunity first could stand to gain the most.

Why is this happening now?

One of the most important things to understand about this investment boom is why it’s happening now.

Unlike other industries that rely on government incentives, subsidies or policy changes, this is being driven by pure necessity.

The companies involved need this infrastructure to exist. They need to build it now – or risk falling behind their competitors.

That’s why money is flowing into this sector at an average rate of £200 million per day.

That’s why investors who act now will be ahead of the biggest economic shift Britain has seen in decades.

What happens next?

Later today, I will be revealing everything.

I’ll show you exactly why this site in Oxfordshire is so critical – and why this industry is about to explode into public consciousness.

I’ll be letting you know how to get details on the companies behind this transformation – some well known, others poised to become household names in the coming years.

And I’ll explain why this moment in time could be one of the biggest financial opportunities of the next decade.

This isn’t a story about small-scale growth. This is a once-in-a-generation investment boom.

So, make sure you’re ready and keep an eye on your inbox.

Because if you want to be ahead of the crowd on this – before the media catches on, before the wider public realises what’s happening – this could be the most important financial briefing you see all year.

Stay tuned. This is just the beginning.

Until next time,

James Allen
Contributing Editor, Fortune & Freedom

Forget the Tariffs

Bill Bonner, writing from Baltimore, Maryland

How it brings back memories!

Back in the 1970s, as head of the National Taxpayers’ Union, we thought we could shame Congress into reducing spending by pointing out all the many wasteful, and often silly, ways the money got spent.

Highways to nowhere… ‘studies’ of the obvious… fraud and improper payments – millions of dollars were being wasted. But who cared? The purpose of the federal government is to transfer money from the public to the special interests. ‘Waste’ was just part of the deal.

And now the amounts are in billions and Elon is hard at work trying to eliminate ‘waste’ and ‘inefficiency’ – along with sending men to Mars, boring huge holes in the ground, dominating the electric car market and doing $100 billion mergers and acquisitions.

Is he sincere? Is The Donald behind him? Or, are they both just putting on a show?

We don’t know. But it will take more than just grandstanding to change the course of history. And it will require more than a sneaky tax hike to bring deficits under control. Herewith, among other things, is what we learned 50 years ago.

“Tariffs are going to make us rich as Hell,” says Trump. Nobody believes it. Tariffs benefit select insiders with good lobbyists who are able to sell mediocre products at higher prices. In no case in history have tariffs ever made consumers better off.

And now this. Forbes:

Trump Says Value-Added Taxes Will Be Considered Tariffs

President Donald Trump said Saturday value-added taxes, taxes levied to goods during each stage of production which are widely used in Europe, will be considered tariffs as part of the reciprocal tariff plan he argues would level the playing field in global trade—though economists project they would increase inflation this year.

Huh?

The president proposes ‘reciprocal tariffs?’:

“They charge us, we charge them. It’s the same thing, and I seem to be going in that line as opposed to a flat fee tariff.”

Poor Mr. Trump… he doesn’t know where he’s going. No compass. No star to steer by. Tariffs for friends and foe. For immigration control… drug wars… foreign policy scams… 25%… 60%… 10%… whatever.

He now says that when a foreign country taxes its citizens with VAT, he should do the same… but as a ‘tariff.’

‘Reciprocal’ sounds fair. But if King Herod decides to murder all the children of Judea, should we murder our children too, just to stay even? In the 1960s, should we have let our central planners take charge… forced Americans to do pointless work… and made them all poor – just to keep up with the Soviet economy?

Trump is right about one thing. A tariff is a tax. But it doesn’t make us rich; it makes us poor, falling mostly on our own households… not foreign countries nor big corporations.

As we showed last week, real incomes are dropping, not rising, under the weight of 9% everyday price inflation. Even the feds’ inflation numbers show prices on the rise. CNN:

US inflation heats up to 3% for first time since June

Consumer prices rose 0.5% from December — the fastest pace since August 2023 — resulting in an annual inflation rate of 3% for the 12 months that ended in January….

“The long national nightmare of inflation isn’t over yet for consumers, businesses, and investors,” Chris Rupkey, chief economist at FwdBonds, wrote in commentary issued Wednesday morning. “There could be some seasonality that pushes prices up at a faster clip in January, but today the news for [Federal Reserve] officials is all bad.”

Further evidence comes from Bloomberg:

The share of outstanding US consumer debt that’s in delinquency rose in the fourth quarter to the highest in almost five years, according to a Federal Reserve Bank of New York report. Total household debt — which is primarily composed of mortgages, student loans, auto loans and credit-card balances — rose 0.5% to a record $18 trillion.

We’ve gotten no call from the White House. But if Mr. Trump asked for our advice, we’d give it to him straight: Forget the tariffs. What really matters is the total amount of a society’s output that is crippled, diverted, or wasted by the feds. The more the feds take… the less is left for everyone else.

The challenge is simple to understand, but hard to do: you have to reduce spending, regulations, taxes (including tariffs), and inflation… not add to them.

And don’t squander your time squabbling with federal employees or trying to root out ‘waste.’

Instead, just cut the budget. Spending must be reduced, not by a few billions here and there, but by trillions of dollars. Milei in Argentina cut government spending by 40% in his first year in office.

So much hot air and smoke coming from the DC area, but is there a burning desire to reduce the size and the reach of the federal government?

Back in the ‘70s, we might as well have been rubbing two wet sticks together. We got nowhere. Then, Ronald Reagan was elected. His budget director, David Stockman, made a valiant effort to slow spending, too. When that failed there were various rear-guard actions up to and including the Tea Party movement in this century.

But the feds won every battle. Then as now, big government makes it possible for elites to get something at others’ expense. They won’t give it up until the money runs out.

Stay tuned.

Regards,

Bill Bonner
Contributing Editor, Fortune & Freedom

For more from Bill Bonner, visit www.bonnerprivateresearch.com