By Teeka Tiwari, editor, Palm Beach Confidential Today, we’re in the middle of a robbery… Individuals are handing over massive wealth to institutions. Goliath-sized institutions are starting to run toward the crypto market while individual investors are running away. And I’ve seen this institutional blueprint for stealing wealth play out again and again: -
During 1994–1995, institutions outwardly scoffed about how “dumb” money was buying internet stocks. Meanwhile, they were loading up on “sweetheart” deals in private markets. -
In 2003, institutions bought up internet and technology stocks on the cheap following the dot-com crash. Yet on CNBC, they kept telling the public it was too early to buy. -
In 2010–2012, after the housing crisis, institutions bought up foreclosures by the thousands. But individual investors couldn’t get mortgages. Now, I don’t want readers to fall victim to this strategy. So today, I’ll tell you what institutions are doing – and why you need to position yourself ahead of them… Recommended Link | Do NOT Miss This — “Big T’s” First LIVE Crypto Training of 2019 Tonight, Teeka Tiwari — the #1 most-trusted man in cryptocurrency — will host “5 Coins to $5 Million.” This is his first LIVE crypto training of 2019. And you’re invited to attend for FREE. BONUS: Get the name of his new top crypto pick during the event. | | -- | Wall Street Is Coming After the so-called Crypto Winter of 2018, we saw bitcoin drop over 80%. However, in April, I noticed huge buying coming into the market. I pounded the table, saying bitcoin was getting ready to run. Since then, we’ve seen bitcoin break out of its downtrend and rise as much as 353%. What’s behind this turnaround? Well, it all has to do with large investors getting in this space. One of them is the most prestigious tech venture capital firm in the world: Andreessen Horowitz. With $2.7 billion in assets under management, it’s a serious outfit. (In fact, it was an early investor in Twitter, Facebook, Groupon, Airbnb, and more.) Last year, the firm raised $300 million for a crypto hedge fund. And before creating the fund, it’d already been investing in crypto assets for five years. According to published reports, it hasn’t sold a single investment. It invests with a 10-year time horizon. So this is some of the smartest money on the planet making big bets that crypto is here to stay. And it’s not the only “smart-money” firm getting into the space… Recommended Link | 597x more powerful than iPhone technology? You’re looking at a new chip that’s 597x more powerful than the one in the iPhone X. And it will soon unlock some amazing new “apps” on your phone or tablet. Like “virtual” assistants that are almost identical to humans… and can book your restaurant reservation while you play a round of golf. One expert says it could be “the biggest breakthrough since the microchip in 1959.” For investors, it means an incredible new opportunity… A chance to participate in a $15.7 trillion boom. Alongside Google, Amazon, Oracle, and just about every major company in America. | | -- | When Big Money Talks, It Pays to Listen I’ve been saying for years that we’d see every major institution add bitcoin and crypto assets to its portfolio to smooth out volatility and increase risk-adjusted performance. That’s why I called 2019 the year of Wall Street greed. And as you can see with bitcoin’s recent surge in price action, this narrative is emerging… -
Last month, Bakkt received regulatory approval to begin trading physically settled bitcoin futures. Its platform is set to go live on September 23. Instead of settling bitcoin futures by cash, it’ll settle them using bitcoin. That’s never happened before. (Remember, Bakkt is a subsidiary of the same company that owns the New York Stock Exchange.) -
Also in August, Coinbase CEO Brian Armstrong said institutional customers are now depositing between $200 million and $400 million in crypto per week to its new Coinbase Custody product. Since July 2018, Coinbase Custody has amassed over $1 billion in controlled assets. -
And this month, VanEck Securities and SolidX Management announced their plan to launch a bitcoin fund for institutional buyers – like banks and pension funds. Since this fund will target only accredited investors, it faces fewer regulatory hurdles. Bitcoin’s price will soar to over $20,000 as these players come into the space. Think about it… For the first time, institutions will have a trusted compliant platform they can use to buy crypto assets. Compare that to where we were back in 2016 – when people were sending me hate mail saying, “Why are you talking about this magic internet money that’s only used by pornographers, money launderers, and gunrunners?” So we’ve come a long way since then. What’s Next Right now, wealthy investors are preparing for a rare crypto market phenomenon that’s virtually assured to happen. I can’t get into all the details right now, but tonight at 8 p.m. ET, I’ll explain exactly what this event is – and why it’ll send certain cryptos soaring. This phenomenon won’t happen again for another five years, so it’s important you act now. The last time it occurred, you could’ve turned $500 into as much as $5 million… in just 10 months. Friends, I don’t need to work anymore. I don’t need to put myself through the stress of writing newsletters or managing such an enormous business. But I do it because of the value I know I’m providing to readers as we navigate through this market – together. Investing in cryptos isn’t something you want to go through alone. The emotional highs and lows can be debilitating. So you need someone who can just come to you and say, “You know what? Let’s take a deep breath and stay rational. Let’s build our portfolio, put our positions to work, and let time do the heavy lifting.” We’ve sat through 18 months of a horrible bear market. The hard part is over. The market is about to go crazy on the upside. So come join me tonight at 8 p.m. and I’ll explain exactly why the market is about to explode higher – and how you can potentially make millions from as little as $500. Let the Game Come to You! Regards, Teeka Tiwari Editor, Palm Beach Confidential P.S. During my 5 Coins to $5 Million event tonight at 8 p.m. ET, I’ll also give you the name of the top crypto on my list. Plus, for the first time, attendees will have the chance to win a free lifetime subscription to my elite Palm Beach Confidential service. You can register to attend for free right here. Reader Mailbag Today in the mailbag, readers respond to the latest Conversations With Casey, in which our founder Doug Casey explains why politically correct (PC) culture is tearing at the fabric of Western civilization: PC culture is not getting out of hand – it's been completely out of hand for years and is simply escalating to the point of complete insanity. It's not going to go away unless people STOP being cowards and stand up for themselves. And yes, that will take a civil war, I'm afraid, because we have also turned into a nation of cowards. – Mitch Thank you for speaking out about this subject. It seems that everyone is too cowardly to speak common sense about the PC stupidity. – Jorge Do you think PC culture has gone too far? Has America turned into a nation of cowards? Send your thoughts to feedback@caseyresearch.com. In Case You Missed It… The Name of Teeka’s New #1 Crypto Pick Is… Teeka Tiwari’s top five crypto picks could’ve turned $500 into $1 million. LIVE tonight at 8:00 PM ET, he’s revealing the name of his new #1 pick. Click here now if you want it for free (no purchase necessary). |
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