❌ What are they preparing for?

Welcome, Anticitizen. Migration, gold, crypto, golden visas, and insane suggestions by politicians are all on the menu for discussion today.

Here are the main stories:

• Global migration is much lower than you think.

• Is India preparing for war or currency collapse?

• Greece’s golden visa processing time explodes.

• Biden vetoes crypto bill.

• ‘Road trip ban’ suggested in Canada.

Global migration is lower than you think.

If you had to guess, what percentage of the planet’s population do you think are migrants? In other words, people who live outside the country they were born in.

Whatever your guess, I’ll bet it was higher than the reported figure of only 3.6% of the global population. But according to the most recent statistics in the UN IOM’s 2024 migration report, that’s the figure.

If the numbers are to be believed, migration is rising. According to the UN IOM’s statistics, in 1990 it was a mere 2.87% of total population at that time. But still, that’s an increase of barely 25% in 35 years.

But if migrants only represent 3.6% of the population, why do many of us perceive it to be much higher? That’s likely because that number is the global average—migration is considerably higher in many nations, which is likely the case where you live.

In the United States and Estonia, 15% of the population are foreign-born. In Norway, the UK, Spain, Austria, Germany, Iceland, Canada, and Belgium, it’s somewhere between the 14-21% mark. In Finland, it’s only 7%.

Here are some of the nations with the highest rates of foreign-born residents:

Australia 🇦🇺: 31%
Luxembourg 🇱🇺: 48%
Kuwait 🇰🇼: 73%
Monaco 🇲🇨: 68%
New Zealand 🇳🇿: 29%
Saudi Arabia 🇸🇦: 39%
Singapore 🇸🇬: 43%
Sweden 🇸🇪: 20%
Switzerland 🇨🇭: 29%
Qatar 🇶🇦: 77%
United Arab Emirates 🇦🇪: 88%

And those with some of the lowest:

China 🇨🇳: 0.1%
Cuba 🇨🇺: 0%
India 🇮🇳: 0.4%
Indonesia 🇮🇩: 0.1%
Madagascar 🇲🇬: 0.1%
Morocco 🇲🇦: 0.3%
Papua New Guinea 🇵🇬: 0.3%
Philippines 🇵🇭: 0.2%
Sri Lanka 🇱🇰: 0.2%
Vietnam 🇻🇳: 0.1%

The most insane part of these figures for me is this: only 1-in-27 people on Earth live outside the country they were born in. This means most people are still trapped in (or have chosen to live within) a system they were born into by sheer dumb luck.

There are around 200 countries on our planet. The chance that you were born in the one with the most abundant opportunity, greatest freedom, highest ease of doing business, finest quality of life, or lowest taxes is zero. Your country probably doesn’t even hold the top spot in just one of those metrics, let alone all.

My forecast is that haven’t even begun to see the extent of where global migration will go in the next few decades, especially as our world becomes increasingly open and interconnected, while likely continuing to destabilise.

India brings its gold reserves back home.

For the first time since 1991, India has moved over 100 metric tons from its overseas gold holdings in the UK back to its home turf.

This follows the trend of Singapore, Poland, Turkey and others that are increasingly putting a heavier focus on gold—including China’s recent obscene buying spree, purchasing more of the shiny yellow stuff over the past 18 months than any central bank on Earth (while at the same time dumping U.S. Treasuries).

But this begs the question: what are they preparing for?

In my opinion, nations are buying and holding more gold to safeguard against two increasingly likely global events we may see over the next decade: a collapse or hyperinflation of the U.S. Dollar, or a major global conflict. The latter of which Ray Dalio predicts a 50% likelihood of occurring in the coming years in the form of a ‘hot world war.’

One thing is certain: gold is still the only form of money all nations equally agree has value. If governments are stockpiling it, you should probably pay attention (and maybe get some yourself).

Greece’s golden visa processing time explodes.

Ahead of Greece’s golden visa program entry requirements increasing by 60% at the end of this past March, the country received a flood of new applicants wanting to beat the price hike. This has resulted in processing times exploding to 18 months or more for people who get their applications in today.

Total yearly applications in Greece have more than doubled over the past few years with increased popularity. But with that, the backlog of applicants has skyrocketed to 30,000+ people. Over six times what it was just two years ago.

Argentina is experiencing a similar ballooning of wait times, with current citizenship and residency applications not being processed for up to two years—up from the nine months or so people were waiting in 2022.

The takeaway here? When it comes to any kind of visa, residency, or citizenship planning, sooner is always better than later. Start preparing before you think you need to.

Biden vetoes crypto bill.

The SEC’s SAB 121 was effectively a crypto-blocker, designed to stop banks from custodying cryptocurrency to “protect investors.” In an attempt to drum up support from crypto bros everywhere, President Biden said on May 22nd that he would not veto a new bill designed to overturn SAB 121.

But Biden didn’t stick to his word. Or quite possibly, just forgot what he said previously. Just days ago, he vetoed the only pro-crypto bill that had ever been proposed under his leadership.

The message here is that Uncle Sam doesn’t want to make it easier for individuals to own crypto. The U.S. government wants to ensure citizens remain reliant on the ever-weakening USD for as long as possible.

If elected this year, will Trump stick to his word of being a supporter of crypto as promised? Time will tell.

Canadian MP suggests banning road trips.

Finally today, Canadian MP Mark Holland has suggested banning summertime road trips for Canadians in the name of cutting carbon, because not doing so means our planet “will burn.”

However Holland (who I’m sure will surprise nobody to know is a member of Justin Trudeau’s cabinet), doesn’t seem to have a problem with the sitting Prime Minister taking holidays to tropical islands in a private jet at the Canadian taxpayer’s expense.

“One rule for thee, another for me.”

Some have suggested Holland was taken out of context, but you can watch his rant and judge for yourself.

Let’s make a deal: we’ll stop going on road trips when people like DiCaprio, Zuck, and the WEF-sponsored politicians who tell us we need to reduce our carbon footprint give up their yachts and private jets.

Written by Leon Hill.
Founder, Anticitizen.

P.S. — On the last story above, I believe personal carbon limits are five years away or less in much of the West, especially in Europe. If you don’t want your every move monitored and controlled by the state, and your ability to live a sovereign life hampered by personal carbon limits, it’s likely time to start thinking about a backup plan somewhere else.

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This newsletter is for educational purposes, and is not financial advice. Please do your own research, and consider risks involved with investing or purchasing any asset.