Imagine having to pay your bank to save your money with it… I’m not talking about fees. I’m talking about a negative interest rate on your savings. Instead of paying you interest… your bank confiscates a percentage of your nest egg every year. It sounds like a version of capitalism from Alice in Wonderland. But it’s the grim reality millions of German savers face today. As The Wall Street Journal reported on Monday… Germany’s biggest lenders, Deutsche Bank AG and Commerzbank AG, have told new customers since last year to pay a 0.5% annual rate to keep large sums of money with them. The banks say they can no longer absorb the negative interest rates the European Central Bank charges them. […] That is creating an unusual incentive, where banks that usually want deposits as an inexpensive form of financing, are essentially telling customers to go away. German savers aren’t going to do much better by buying German government bonds, or bunds. The yield on the 10-year bund is minus 0.3%. You have to pay to loan your hard-earned cash to the German feds. And they get paid to borrow. That’s about as through the looking glass as it gets… You may not care too deeply about the plight of German savers. But as I (Chris Lowe) will show you in today’s dispatch, today’s Germany is tomorrow’s America. As you’ll see, one savvy investor sees negative rates coming as soon as 2022. Fortunately, there’s a way to sidestep negative rates… in the crypto market. With one simple move you can make today, you can pick up fat income streams – no matter where interest rates go next. | Recommended Link | Write Down This Ticker Symbol… There's a new way to make money in cryptos. And top crypto expert Teeka Tiwari says it could mint millionaires in the months ahead. It's not Bitcoin… or any other crypto asset you've likely heard of. It's a special new subsector of crypto Teeka calls "Tech Royalties." To learn how to get in on the ground floor… | | | | First, a quick shoutout to new readers… Every week, thousands of new readers sign up to one of the 19 paid investment advisories we publish at Legacy Research. It’s the publishing alliance among Palm Beach Research Group, Brownstone Research, Casey Research, and Rogue Economics. If you’re one of our new readers, congratulations. You want access to the most explosive investment opportunities in the market today. And you know you’re not going to find those kinds of ideas in the mainstream financial press. That’s where The Daily Cut comes in… Each day, I bring you the best “curated” moneymaking ideas from Teeka Tiwari, Jeff Brown, Dave Forest, Nick Giambruno, Jason Bodner, and the rest of the Legacy team. Jeff Brown's #1 stock for this $11.9 trillion revolution And I don’t write to you only about opportunities to grow your wealth. I also look out for threats to your wealth. And right now, vanishingly small… or negative… interest rates are one of the biggest challenges you face as a wealth builder. We’ve been warning about negative interest rates for years… In June 2014, at a subscriber conference in France, Legacy cofounder Bill Bonner described the world of negative interest rates as “Neverland,” after Michael Jackson’s ranch in California. Both, Bill said, were “places where anything can happen… and something bad always does.” Now, nearly seven years after Bill’s warning, mainstream investors are waking up to the threat. Scott Minerd is one of them. He’s global chief investment officer at fund manager Guggenheim. He manages $310 billion of client funds there. And he has the best market intelligence money can buy. As he told CNBC’s The Exchange this week, a model his firm uses to make investment decisions is flashing an important warning… Our work shows […] we’re going to have a 10-year yield that’s negative. The mean expectation is for it to be about negative half of one percent. Minerd’s model shows the yield on the 10-year Treasury note going negative by next year. And he isn’t the only smart investor sounding the warning… Warren Buffett is also worried… Buffett is arguably the greatest investor alive. He heads up investment company Berkshire Hathaway (BRK.A). Since he took over the firm in 1965, it’s racked up average annual gains of 20%. If you had invested $10,000 in BRK.A at the end of 1964, you'd now have over $270 million. Over the weekend, Buffett warned his shareholders about disappearing income in the bond market… And bonds are not the place to be these days. Can you believe that the income recently available from a 10-year U.S. Treasury bond – the yield was 0.93% at yearend – had fallen 94% from the 15.8% yield available in September 1981? In certain large and important countries, such as Germany and Japan, investors earn a negative return on trillions of dollars of sovereign debt. Fixed-income [aka bond] investors worldwide – whether pension funds, insurance companies or retirees – face a bleak future. | Recommended Link | | Join “the $1 Billion Man” on March 10th at 8 p.m. ET After managing almost $1 billion for his wealthy clients, legendary trader Larry Benedict is now ready to share his “7-day blitz secret” with everyday folks like you. He expects a blitz of gains in the third week of March… gains like you’ve never seen before. And it’s all thanks to a strange phenomenon that will be enforced by an organization that’s regulated by the U.S. government. He’ll explain everything on Wednesday, March 10th, at 8 p.m. ET. He will even give you the ticker you need to trade during the event… no strings attached. | | | -- | Luckily, there’s a way to escape negative rates… It’s easy. It’s available to everyone. And it’s in the crypto market. I know that may sound strange… Bitcoin (BTC) and other cryptos are known for their rocket-like price appreciation… not for being steady income investments. But over the past three years, a growing group of pioneering investors have been earning fat income streams from their crypto. You may have learned about one type of crypto income opportunity we call “Tech Royalties” from colleague and crypto investing expert Teeka Tiwari. He hosted an online summit about them last week. And it was a big hit among your fellow readers. (You can catch a free replay here.) But today, I want to focus on a different, super simple way to pick up income on cryptocurrencies you own. And that’s depositing them with a crypto lender. The biggest and best-known is BlockFi… It operates in all 50 U.S. states. And it allows you to use the cryptocurrency you own to earn annual interest rates of 3% up to 8.6%… You just open an account with Block-Fi… and deposit your crypto in it. BlockFi then lends out your crypto to trusted institutional and corporate borrowers. These loans are all over-collateralized. Borrowers have to put in enough collateral to cover potential losses in case of default. This makes loaning out your crypto on this platform extremely safe. BlockFi pays you 6% a year on bitcoin deposits… That’s about 4x the income available today on the 10-year U.S. Treasury note. It’s 30x the average yield of 0.2% available on a 1-year CD in a regular bank. And bitcoin is only the start… You can earn 5.25% a year by depositing your ether (ETH) with BlockFi. It’s the world’s second-most valuable cryptocurrency, after bitcoin. And you can earn 8.6% by depositing your Paxos Standard (PAX) with BlockFi. It’s a so-called stablecoin whose value moves in lockstep with the U.S. dollar. You can even earn income on gold with BlockFi. It pays 5% a year on PAX Gold (PAXG) accounts. Each PAXG coin is backed by one fine troy ounce of a 400-ounce gold bar, stored in vaults run by Brink’s. Signing up for an account with BlockFi is easy… and takes just minutes. So if you own crypto, and you want to boost your returns with streams of income, it’s worth checking out. There’s a lot more to say about this opportunity. But I’m running out of space today. So stay tuned for more tomorrow – including how the income you earn in the crypto market can explode higher. In the mailbag: “Teeka’s advisories are the best investment I ever made”… Teeka – or “Big T,” as his subscribers call him – is on a mission to mint more new millionaires than any other newsletter writer. And he’s been doing just that with his crypto recommendations. It’s no wonder his mailbag is filled with grateful messages from his readers… Just a quick note to say thank you to Teeka. I’m sitting on $1.2 million after bitcoin’s pullback – and grinning ear to ear! Back in 2018 when things tanked, I waited it out until the bottom, then bought more of all my holdings in ’18-’19. And now comes the payoff. I did take just a little off the table early this week, but won’t take a lot off the table anytime soon. – Kevin B. Big T, thank you, thank you, thank you. I have pulled down probably a little over $2 million already – and we are just getting started. Keep it coming, my friend. – Tony C. My total crypto portfolio has grown from $10,000 a year ago to $325,000 at this latest peak. I’m super excited about the boom we’re going to see throughout this year and onward. Thank you Teeka, for your guidance and coaching… You’ve changed my life BIG-TIME! – Rick G. I sold a small portion of a few of my coins. After taking out the amount I bought them for, I was still up between 500% and 1,000%. I even sold 20 ether and made $38,400 on a $600 investment. I paid off my wife’s Jag F-Pace and still had a large sum of money in my account. Thanks, Teeka! – David C. As of today, our bitcoin is up 8x our original investment. This is a massive return – the best we have had in 40 years. I believe we are at just the beginning of the run-up of bitcoin. We’re here for the ride up to the moon. – Gerald K. I started investing in crypto in 2018. It was a really tough time to stay invested. I was down well over 60%. But because of Teeka and his updates, I not only held on to my original investment, but bought more bitcoin at the 2018 market lows. Today, I couldn’t be happier with staying the course. I am now up $350,000. For me, this is mind-blowing. I have never had a six-figure return on any other investment. It has been a volatile ride, but also an incredible one. I truly appreciate all you do and look forward to what comes next. – Kevin L. I’ve paid for advisory services before – with guys who talked big, but delivered small. Teeka talks big, but he delivers big. The gains I’ve made in six months (328%) would have taken 10 years or more using typical investments in growth stocks. Signing up for Teeka’s advisory services has been the best investment I ever made. – Michael H. Has Teeka helped you move the needle on your wealth? Let us know at feedback@legacyresearch.com. Regards, Chris Lowe March 3, 2021 Bray, Ireland Like what you’re reading? Send your thoughts to feedback@legacyresearch.com. IN CASE YOU MISSED IT… Sad Day For America No American will be spared from this potential dark plan, UNLESS you take these simple steps to protect yourself and all you’ve worked for. Click here to learn how to "Escape the Great Reset"  Get Instant Access Click to read these free reports and automatically sign up for daily research. |
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