Agora Financial provides independent economic commentary, analysis and market forecasts through print and email publications, books, documentary films and conferences.
Our Story

For over 25 years, Agora Financial, a subsidiary of Agora Inc., has been a leading innovator in the financial publishing industry. Not only have our economic forecasts been uncannily accurate, but we’ve consistently beaten the mainstream financial media to the punch.
Agora Financial readers were aware of the housing bubble, the credit bubble, the excesses underlying the Panic of ’08, the pending collapse of Lehman Bros. and last year’s bankruptcy of American Airlines well before they happened — and in many cases, were able to prosper while other investors got blindsided.
Executive publisher Addison Wiggin, a New York Times best-selling author and the driving force behind the critically acclaimed documentary film I.O.U.S.A, and our editorial team continue to challenge traditional publishing outlets by offering irreverent, insightful commentary where others fear to tread.
Agora Financial editors’ consistent ability to stay ahead of the mainstream has earned recognition from dozens of media sources, including The Wall Street Journal, The Economist, Financial Times and others.
Publications
With over 20 publications ranging from natural resource to small-cap stock recommendations, “buy and hold” value to speculative option-trading recommendations, Agora Financial offers a full range of print and email newsletters publications. Our independent, unbiased research focuses on Economics & Politics; Gold, Oil & Energy; Crisis & Opportunity; Growth, Technology & Medical; and Options Investing. In addition to award-winning paid publications, Agora Financial publishes free daily e-letters The Daily Reckoning, The 5 Min. Forecast, Daily Resource Hunter, Laissez-faire Today, Trend Playbook and Tomorrow in Review.
Authors
Executive publisher Addison Wiggin leads a diverse staff of financial analysts. Wiggin is the editor The 5 Min. Forecast and publisher of The Daily Reckoning. He authored three international best-selling books and two books co-authored with Bill Bonner: Financial Reckoning Day and Empire of Debt. He also founded Agora Entertainment, which produced its first feature documentary in 2006, I.O.U.S.A., to critical acclaim.
Byron King is a Harvard-trained geologist who provides a unique perspective on the myriad investment opportunities focused on energy, resource and mineral exploration.
Chris Mayer, a former corporate banker and author of Invest Like a Dealmaker: Secrets From a Former Banking Insider and World Right Side Up: Investing Across Six Continents, provides a unique market perspective.
Patrick Cox joined Agora Financial in 2008 and today lives deep inside the world of breakthrough technology, talking to and meeting with prescient thinkers and business leaders in order to guide his readers toward exponential portfolio gains by investing in “the next best thing.”
Dan Amoss, CFA, is a student of the Austrian school of economics, a discipline that he uses to identify imbalances in specific sectors of the market. He tracks aggressive accounting and other red flags that the market typically misses.
Ray Blanco is an expert in advanced robotics, avionics, genomics and biotechnology. Blanco was raised in Miami, Fla., after his family fled Cuba in the 1960s. He offers a pragmatic look at companies creating nearly unbelievable technologies.
Greg Guenthner heads up Agora Financial’s small-cap division and is the founder of one of the only independent OTC research advisories in the industry. A graduate of George Mason University, Guenthner joined Agora after several years as a journalist.
Neil George focuses on income investing, including dividends, covered calls and fixed income. Additionally, he covers MLPs, ADRs, utilities, consumer staples and tobacco.
Jonas Elmerraji brings his readers extensive expertise in small-cap stocks and broad market moves. A Big Four public accounting alum, Elmerraji’s specializes in blending fundamental and technical analysis.
Steven Sarnoff took over the role of his father: legendary author, researcher and options expert Paul Sarnoff, who pioneered the Japanese candlestick charting technique — an ancient and accurate style of technical analysis.
The complete list of authors and their publications is available here.
Books
Through multiple best-selling books, Agora Financial authors Bill Bonner, Addison Wiggin, Chris Mayer and Kate Incontrera not only accurately forecast major economic events — they also instruct readers how to protect themselves, and ultimately profit, from these events.
Bill Bonner and Addison Wiggin’s Empire of Debt, published by John Wiley & Sons in 2005, went on to be a New York Times best-seller in two editions. In 2006, the book served as inspiration for the feature documentary I.O.U.S.A.
Bonner also published Mobs, Messiahs and Markets with Lila Rajiva in 2007 and Dice Have No Memory in 2011.
Wiggin authored The Demise of the Dollar in 2005 as well as the I.O.U.S.A. companion book with Kate Incontrera in 2008.
In 2008, Christopher Mayer published his first value investing book, Invest Like a Dealmaker: Secrets From a Former Banking Insider. His next book, World Right Side Up: Investing Across Six Continents, will be published in April 2012.
Laissez-Faire Books
Agora Financial acquired Laissez-Faire Books, the nation’s oldest libertarian bookstore, in early 2011 and relaunched later that year under the direction of Jeffrey Tucker, who was named executive editor and publisher. Tucker filmed an introductory video to LFB readers in December 2011, which can be viewed by clicking here.
Agora Entertainment
Founded in 2006, Agora Entertainment’s first movie project, I.O.U.S.A., was based on the international best-seller Empire of Debt. I.O.U.S.A. was nominated for the Grand Jury Prize at the Sundance Film Festival and the Critics’ Choice for Best Documentary in 2008. Agora Entertainment is currently putting the finishing touches on its newest film, RISK!
Located in Historic Mount Vernon
Agora Financial’s parent company, Agora Inc., was founded in 1979 and made the move to historic Mount Vernon district of Baltimore in 1994. Throughout the years, founder Bill Bonner and Agora Inc. have received many preservation awards. Today, Agora Inc. occupies eight buildings in the Mount Vernon area, including Agora Financial headquarters at808 St. Paul St.
The 808 St. Paul St. location was originally built as two separate homes in the 1850s. Later, the homes were merged, and in the 1920s, the building became the temple of the Order of the Sons of Italy in America. This was the first Grand Lodge of the state of Maryland and served as their headquarters until the 1950s.
After that, 808 became the Midtown Home, a home for aged and infirm patients. A large rear wing was added to house more occupants, but this was damaged in a fire. During the building’s renovations, the wing was demolished to return the house to its original form.
Rancho Santana
Developed by Agora and its partners, Rancho Santana is a residential community set on rolling hillsides and dramatic cliffs rising away from the mighty Pacific Ocean. Its world-class site provides amazing ocean, mountain and valley views from countless lots that have been strategically plotted for the best views and maximum privacy.
Rancho Santana is the perfect setting for people who like the idea of owning, enjoying and profiting from one of the most spectacular stretches of coastal land in the world. Located just 50 miles north from the Pacific border of Costa Rica in the southwest corner of Nicaragua, this stunning 2,700-acre reserve boasts more than two miles of Pacific Ocean coastline and five distinct beaches, three of which are landlocked in this private gated community. At Rancho Santana, you can enjoy world-class ocean living, oceanfront dining, spectacular beaches, nature trails, an authentic horse and ranch atmosphere and breathtaking sunsets. And you can have all this for staggering financial value.
