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The Agora Financial Story
Agora Financial is a subsidiary of The Agora Inc., a “marketplace for ideas” that’s been around since 1979.
We trace our roots to three groundbreaking financial publications: Strategic Investment (1984)… Plague of the Black Debt (1992)… and The Daily Reckoning (1999) — one of the first free daily financial e-letters (that still exists today). We had racked up a long list of uncannily accurate economic forecasts by the time Agora Financial became an independent LLC in 2004.
Throughout our history, we’ve consistently beaten the mainstream financial media to the punch. Our readers were aware of the tech bubble, the housing bubble, the credit bubble, the excesses underlying the Panic of ’08, the pending collapse of Lehman Bros. and the 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.
Located in Historic Mount Vernon, Baltimore, Maryland
Agora Financial’s parent company, The Agora, moved to the historic Mount Vernon district of Baltimore in 1994.
Today its operations have grown to include over a dozen buildings in the area — including several mansions converted into office space. Founder Bill Bonner and The Agora added modern functionality to them while maintaining their opulent charm… and received many preservation awards in the process.
Agora Financial’s primary headquarters are at 808 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.
The Agora subsidiary that would become Agora Financial moved into the building in 2001. Among the many upgrades we’ve added to the building are a recording studio and a library featuring a collection of books that once belonged to economist Dr. Kurt Richebächer.