| By Teeka Tiwari, editor, Palm Beach Daily I’ve been a professional investor since the 1980s, and I’ve never seen a better environment for gold than right now… Every single metric I look at is arguing for higher gold prices – driven especially by the whole world embarking on the greatest round of money-printing we’ve ever seen. That trend was already in full swing before the pandemic hit. But it went absolutely ballistic last March, with an incredible $18 trillion of new money pumped into the global economy before the end of 2020. And it’s continuing full force this year as well. This month the latest U.S. stimulus package – worth another $1.9 trillion – was released and is working its way through the system. The influx of all of this new paper money reduces the value of the dollars already in circulation. And we’ve already seen this happening. It’s precisely why the greenback lost 13% of its purchasing power against a basket of foreign currencies last year. And that dollar devaluation – which will continue – has real consequences. It means your buying power is eroding at a rapid rate… It means staying in cash is a huge mistake… And it means people should be flocking to investments and assets that can protect their wealth against the ravages of inflation. | Recommended Link | | Teeka Tiwari Believes He's Discovered:
CRYPTO'S NEXT TRILLION-DOLLAR COIN And on March 31 at 8 p.m. ET, He Will Give You Its Name – FOR FREE Cryptos are booming! Bitcoin has exploded to all-time highs… Soaring past $10,000… $20,000… and even $50,000. Every media outlet is talking about it… Every so-called “expert” is telling you to buy it... But once again, they are late to the party. And if you listen to them now, it could cost you. On Wednesday, March 31, at 8 p.m. ET, Teeka Tiwari will reveal where he believes the real money will be made in the crypto boom of 2021. (It’s NOT bitcoin.) And he’ll give you the name of the next coin he believes will break the trillion-dollar market cap barrier – FOR FREE. | | | -- | The Former Guardian of Wealth Isn’t Cutting It Anymore… For thousands of years, the default choice for protecting wealth was gold. When things looked spooky in the market, investors flocked to gold. Yet look at this chart of the widely followed SPDR Gold Shares ETF (GLD), which tracks the price of gold bullion… 
As you can see, after a marginal rise, gold has fallen right back to about where it was when the pandemic hit the United States in March 2020. So even though the United States spent more than $9 trillion on coronavirus relief in the last year… and our stimulus spending (more than we’ve seen from any other country on the planet) is worth a staggering 42% of our annual GDP… gold hasn’t done a thing. This tells me three things: The yellow metal is no longer doing its job. People are no longer turning to it as a store of value as they have done for millennia. And gold is withering on the vine despite the most fertile conditions for growth I’ve ever seen. There’s only one reasonable explanation for what’s happening… Gold has finally been replaced by something better. And that something is bitcoin. Bitcoin Has Overtaken Gold For proof, all you have to do is look at this chart of the cryptocurrency going back to the start of 2020… 
That’s precisely what gold’s chart should look like based on the money-printing over the same period. Now, if you’re a gold bug, it might be hard to accept that anything – let alone bitcoin – could replace gold. After all, gold has thousands of years of history while bitcoin has only been around for a decade. But people also used horses to get around for thousands of years. Then, in less than a decade, cars rendered horses obsolete. As Scientific American explains it: In 1907, there were 140,300 cars registered in the U.S. and a paltry 2,900 trucks. People and goods still travelled long distances on land by railroad, and short distances by foot or horse-drawn carriage… Ten years later in 1917, there had been a 33-fold increase in the number of cars registered, to almost 5 million, and a 134-fold increase in the number of commercial, agricultural and military vehicles, to almost 400,000. Horses were now an imperiled minority on the roads… So it’s not hard to imagine that bitcoin is replacing gold in the very same way. When you break it down, you can see they function similarly and offer many of the same benefits. Bitcoin is equally scarce, durable, and private. But it’s more easily stored, transported, and exchanged than gold. So that makes gold the horse… And bitcoin the car. And as more people come to terms with that idea, we should see bitcoin’s price continue soaring higher and higher. We’ve already seen some of America’s oldest financial institutions align themselves to bitcoin. That includes stodgy names like the Bank of New York Mellon, which has been around for over 230 years. As I’ve written to you before, we know younger Americans will be inheriting $68 trillion from their parents and grandparents over the next 25 years. According to studies, we also know this group overwhelmingly prefers digital assets to gold. One study from DeVere Group, an independent financial advisory, reported more than two-thirds of millennials said they prefer bitcoin over gold as a safe-haven asset. The shift is already playing out right before our eyes. | Recommended Link | HOLY CRAP!
(And You Can Get His Next Pick…for FREE!) On February 22, Teeka Tiwari issued the above "Sell Alert." And while we're not promising gains this high (nothing in the market is certain)… On Wednesday, March 31 at 8 p.m. ET, Teeka is going to reveal his next big pick. | | | | My New Stance Is Very Clear:
Choose Bitcoin Over Gold in Just About Every Instance I’ve liked gold for as long as I can remember. And as recently as a few months ago, I was telling readers to increase their holdings. However, I’m not afraid to admit a mistake when the evidence is overwhelmingly against me. I’d much rather tell you I was wrong and get you on the right side of the markets as quickly as possible. This is one of those times. I no longer expect gold to adequately protect your wealth against the money-printing happening right now. I believe bitcoin and other cryptocurrencies are doing a far better job – and will continue to do so going forward. More than that, I believe they will benefit from tremendous demand as the rest of the world wakes up to the same realization. Now, am I saying this means you should sell every piece of precious metal you own? No. I think a very small allocation to gold still makes sense as “end of the world” protection – say, in the event of a complete power grid failure or something else equally catastrophic. Under some largely unforeseeable event like that, a tiny stake in gold could end up skyrocketing overnight and keep you afloat. However, I believe it’s critical you have a much larger stake in bitcoin and maintain exposure to other cryptos. If that means taking money out of gold, so be it. | Recommended Link | | 5X Higher From Here? (Get the name FREE) Crypto expert Teeka Tiwari believes he’s found the next trillion-dollar crypto by market cap. That would take its price 5X HIGHER than it trades for today. To put this opportunity into perspective… Teeka picked bitcoin when it traded for just $428. Early readers who listened to Teeka’s advice had the opportunity to multiply their money over 120X as bitcoin soared to $50,000 and above (becoming the first cryptocurrency to pass the trillion-dollar markby market cap). And on Wednesday, March 31, at 8 p.m. ET, he’ll give you the name of this next coin he’s pinpointed… for FREE! | | | -- | Increase Your Allocation to Bitcoin Every January, we release our annual asset allocation framework for PBRG. Our 2021 model included an up to 10% allocation to precious metals and an up to 2% allocation to cryptos. But as bitcoin continues to overtake gold, we’re adjusting our recommended weighting to up to 10% to bitcoin and up to 1% for gold. In short, I’ve been bullish on bitcoin and other cryptos for many years. My readers have already had the chance to make anywhere from 22,525% to 156,753%. But at the time of my earliest recommendation, bitcoin still had many risks. So, we combated those risks by using small position sizes. With the traditional financial system now embracing bitcoin as a serious asset, we can safely say bitcoin deserves a bigger weighting in the portfolio. My recommendation is to swap your gold allocation to bitcoin. For example, if you have 10% of your assets in gold and just 1% in bitcoin, I’m recommending you reduce your gold allocation to 1%… and up your bitcoin allocation to 10%. Don’t worry about the fact that bitcoin now appears “expensive” at around $58,000. In my opinion, we’ll see $500,000 bitcoin within five years. If I’m right, it means you’ll make a staggering compound annual return of 54% per year. Can gold do that over the next five years? I think not. Based on what we’re seeing play out at the moment, I’m now more bullish than ever on the entire crypto ecosystem. Because as I’ve told you plenty of times, as bitcoin goes… the whole crypto market goes. If appropriate for you, my recommendation is to increase your bitcoin exposure now. That is why I am raising the bitcoin buy-up-to price to $75,000. While we’ll see dips along the way, you can think of them as buying opportunities. As people come to understand – as I have – bitcoin’s superiority, we’ll be ready for the surge of investors flooding into it… and taking bitcoin to heights that will overthrow gold. Let the Game Come to You! 
Teeka Tiwari
Editor, Palm Beach Daily P.S. When I first recommended bitcoin in 2016, people thought I was crazy. Its market cap was just $6 billion. But this year, bitcoin became the first crypto to top $1 trillion. During this time, my subscribers had the chance to book gains as high as 16,377% – enough to turn $1,000 into $164,770. As I said above, at about $58,000 each, bitcoin can still 10x or 20x your money from here. And over time, I think we’ll see it do just that. But while the mainstream financial media is focused on bitcoin volatility, billionaires and market insiders are quietly pouring their money into a different crypto… One that I expect to take the entire crypto ecosystem to the next level… pulling up smaller coins 25x and even 50x higher from here. That’s why this Wednesday at 8 p.m. ET, I’m holding my next big event: Crypto’s Next Trillion-Dollar Coin. And just for attending this event, I’ll tell you – for free – the name and ticker symbol of Crypto’s Next Trillion-Dollar Coin. (As you might already know, my free picks have been sensational – with average peak gains of 883%.) So click here to reserve your free seat for Crypto’s Next Trillion-Dollar Coin. You don’t want to miss it.
Like what you’re reading? Send us your thoughts by clicking here.
Get Instant Access Click to read these free reports and automatically sign up for daily research. | 
没有评论:
发表评论