Chris’ note: I promised you more insight into the global gold shortage I put on your radar in yesterday’s dispatch. And I’ll get to that in future updates.
Today, I have an urgent update for you from world-renowned crypto investor and colleague Teeka Tiwari.
We saw a blistering rally in stocks on Tuesday. And as I type, that rally continues. After a 3% plunge, the Dow is up 16% since the start of the week.
Teeka says you should continue to own stocks and hold for the long run. But from a risk-reward standpoint, he says another investment is a much better bet right now. And he’s speaking from experience. It may sound hard to believe. But as you’ll see, he was able to personally transform $1,000 into as much as $1.6 million in this investment. That’s how powerful these tiny bets can be…
Now, over to Teeka…
Just a few days ago, the world as we knew it was ending…
But suddenly, a ray of light hit the markets. The Dow skyrocketed more than 2,000 points on Tuesday.
It was its biggest one-day percentage jump since March 1933.
Friends, I’m not going to say the bear market is over… But clearly, the world’s governments will not tolerate the stock market collapsing.
Between the Federal Reserve’s unlimited credit lines and the federal government’s $2 trillion stimulus package… the financial tools are in place to get through this dark time.
Companies will have lines of credit and Americans will have money to pay their bills.
The stock market won’t go up in a straight line (expect at least one retest of the low). But my bet is we’ll see new highs within 18 months.
So, certainly, you should have exposure to stocks. But are stocks the best place for you to be right now?
From a risk-reward standpoint, my answer is no.
The lowest-risk, highest-reward investment in the world right now is emerging from the crypto market.
As regular readers know, I’ve been voted America’s No. 1 crypto expert. And to my knowledge, I’ve minted more new millionaires with my recommendations than any other newsletter editor in the country.
For instance, I first recommended bitcoin (BTC) and ether (ETH) to my Palm Beach Letter and Palm Beach Confidential readers in April 2016, when each crypto was trading at around $400 and $9 respectively.
Today, bitcoin trades for $6,646, and ether trades for $135… gains of 1,560% and 1,400%.
Don’t worry if you missed out on these. I see more life-changing gains on the way…
The stock market may have gunned 11% higher on Tuesday. But last week, the crypto market leapt 25%.
And a handful of coins I recommended last week collectively moved up as much as 175%.
Regular Cut readers know that, during the last three weeks, I’ve been pounding the table on what I call my “Final Five.”
These are five tiny cryptos I believe have the potential to turn a few $500 investments into as much as $5 million.
Let me be clear: I’m not saying don’t buy stocks.
I’m saying on a risk-reward basis – even if stocks hit new highs tomorrow – you’d make only about 40%. As I mentioned already, we made as much as 4x that in crypto just last week.
And that’s the beauty of crypto. Because when you can make that big of a gain that quickly, you can keep your position sizes small – really small.
That’s how I was able to personally transform $1,000 into as much as $1.6 million. It’s also how many of my subscribers were able to change their lives with grubstakes as small as $400.
Outside of crypto, there’s no asset in the world with that potential.
And if you’ve thought about joining me at my flagship crypto service, Palm Beach Confidential, but just weren’t sure if it was worth it… I have a special invitation for you.
Tonight at 8 p.m. ET, I’m holding a live Q&A. I’ll be answering your most pressing questions on everything crypto.
During the event, we’ll talk about many things – including what’s happening behind the scenes that powered last week’s massive gains in the crypto market.
I urge you to join me and learn exactly how you can transform a handful of $500 investments into as much as $5 million.
Ask your questions… do your digging. I expect you’ll come to the same conclusion I did: There’s nowhere else in the world of investing where an opportunity like this exists.
Let the Game Come to You!
Editor, Palm Beach Confidential