My book “The Truth Behind the Investment Game” is a tell-all tome that tackles what I often refer to as “double speak,” which is when the top 2% of the world’s wealthiest say one thing to the masses yet but do something completely different with their resources.
The 2008 GFC devastated so many people and it was all created by the 2% who made a killing albeit through unlawful activities. And to this very day, no one has been brought to task.
As a matter of fact, the craziest thing about it was the only people that went to jail were the protesters on Wall Street, even though it was apparent in the movie “The Big Short” that they downright swindled their clients and profited from them losing money.
And now, they are up to their old tricks once again: “Wall Street Hates Cryptocurrencies!” What a load of crap!
Some of the most influential players on Wall Street spent the last year making jabs at the crypto market.
But the funny thing is the words coming out of their mouths don’t quite match their actions.
How do you know if a banker is sending out propaganda and BS? The answer: his lips are moving.
That’s why, today, I want to make sure you are armed with the right information before these guys give it to the masses again.
You see, what most people don’t quite see is that these Wall Street behemoths are subtly changing their tune (if they were ever against it that is).
They’ve started hoarding cryptos that would eventually send the whole market soaring perhaps sooner than you expect.
“Wall Street Hates Cryptocurrencies” are the biggest BS manufacturers.
Many Wall Street executives have shown their disdain for the nascent technology.
Take Ray Dalio, for example. He’s the founder of the world’s largest hedge fund, Bridgewater Associates.
He recently said Bitcoin was a bubble and too volatile to be an effective means of storage of wealth.
Larry Fink was just as dismissive. Fink is the CEO of BlackRock, the largest asset manager in the world. The firm has nearly $5 trillion in assets under management (AUM).
“Bitcoin just shows you how much demand for money laundering there is in the world,” Fink said.
ICOs are a new way of raising money instead of pre-IPO investing where the elite made millions. Think Facebook ,Uber, Airbnb, Paypal and many more. These were the only sophisticated elite that were allowed to be even shown these opportunities. Now, to use a popular phrase budget airline AirAsia uses in its marketing spiel – “Now everyone can invest.”
But more on that later.
UBS Chairman Axel Weber is doubtful as well. UBS is a worldwide investment bank with nearly $1 trillion AUM.
When asked about his skepticism, Weber explained, “It probably comes from my background as a central banker.”
Weber also doesn’t think Bitcoin can be a means of payment or a store of value.
The list goes on and on, but you get the point.
Wall Street has made it painfully clear that it thinks very little about Bitcoin and cryptocurrencies.
Here is the truth behind the investing game: Bitcoin and crypto currencies are a threat to the fat profit margins of conventional finance. You can send a million dollars across the Bitcoin network to anywhere in the world and it would cost you just a couple of dollars.
A million-dollar wire sent via a bank overseas costs around $70 and takes 3–5 days. Plus, you’ll lose 1–3% in the currency conversion! And don’t get me started on Western Union and how the migrant workers get raped and pillaged with reported costs of 10% and even more in some cases!
That means on a good day if you live in the UK and I send you a million dollars via a bank wire, you’ll actually get the equivalent of $970,000 to $990,000. This means that you stand to lose anywhere between $10,000 to $30,000 in foreign exchange fees. And don’t forget that this your money that you are jumping through hoops for and then, for some strange reason, it goes into cyber space for three to five days, while someone else is earning from that money.
With Bitcoin, you can conduct the same transaction, pay a few bucks in network fees, and get your money in 10 minutes.
Banks make hundreds of billions of dollars in profits from overseas wires and Bitcoin could snuff those profits out. No wonder the big banks are trashing the popular cryptocurrency.
If you listened to the advice of bankers, you’re likely sitting on the sidelines.
But that’s a huge mistake because behind the scenes, Wall Street is secretly embracing Bitcoin and cryptocurrencies.
You heard me say this before: “Some people make things happen while some people watch things happen. And then, there some people that wonder what happened.”
Be informed! In magical shows, this is called “misdirection” and that is what happened in just about every crash and boom “misdirection by the 2% club who control the media and the financial institutions, not to mention in many cases, control or at the very least influence the worlds major governments and elections.”
Trump broke that mold. Love him or hate him, he is not part of that Clinton, Bush, etc. club. They were all puppets controlled by the puppet masters and you can read all about that in my book “The Truth behind the Investing Game.”
JPMorgan and the “Bitcoin Bible”
On February 9 of this year, JPMorgan released a new research report on digital currencies entitled “Decrypting Cryptocurrencies: Technology, Applications, and Challenges.”
But some are calling it the “Bitcoin Bible.”
If you thought the report would state all the reasons why JPMorgan is against cryptocurrencies, you’d be wrong.
The report settled on some startling conclusions—notably, that cryptocurrencies “are unlikely to disappear.”
That’s huge news, because it suggests what we’ve known all along: Bitcoin and cryptocurrencies have real-world value. This is why—secretly, behind the scenes—we are seeing well-known institutions such as JPMorgan and Goldman Sachs publicly slam Bitcoin but are now actually buying it.
The “boys” are getting ready to send this market into the stratosphere as 60% of their accumulation has been off exchange so it doesn’t move the price. Well, not yet anyway.
Like a lot of things that involves Wall Street, you should take what it says with a grain of salt.
You Heard It Here First
Institutions are quietly picking up Bitcoin on the cheap so they can later recommend it to their clients. And if we’re right, they’ll make a fortune selling their cheap Bitcoin to their customers at much higher prices.
Through an extensive network of cryptocurrency experts, I have formed my Master Mind Group.
If Wall Street suggests that you should be allocating 5–10% of your portfolio to Bitcoin and other cryptocurrencies, which they will show that you can actually bring down volatility of your portfolio. That’s because Bitcoin is unaffected by crashes or booms in the stock, bond, oil, or gold markets.
Wall Street has a history of using “narratives,” to spark its investment decisions. Remember the Internet “new era” narrative and the housing “plateau of prosperity” narrative?
Research shows that Bitcoin is not tethered to other assets. That means the price movements by other assets, such as stocks and bonds, don’t actually impact that of Bitcoin.
And that’s huge news for Wall Street.
It’s realizing that adding Bitcoin to its portfolios would give it better risk-adjusted returns—which essentially mean, better returns with less volatility.
And that’s the new cart that JPMorgan and Wall Street would be pushing going forward.
What It Means for You
Consider for a moment, if Bitcoin and cryptocurrencies become part of global bond and equity portfolios.
The global stock and bond markets total $288 trillion.
Just a 1% allocation means almost $3 trillion coming into the cryptocurrency space. That’s 12 times more than the entire space right now. Our best guess is that this is what the institutions are hinging their wagon on—and they’ll make a fortune from it.
Today, you have an opportunity to still get in at the prices they are getting in at.
Right now, cryptos are under a lot of pressure so it is not the time to buy but prepare yourself.
I am big on the “Trend is your Friend” and when this baby turns, this could be the trade of a lifetime.
I am currently working on the first Luxury Resort ICO, which would have the best 5-star resorts behind it, with many of the most beautiful islands in the Asia Pacific region complete with luxury yachts and seaplanes! Now everyone can get a taste of luxury.
We are taking expression of interest from an initial group we would call Private Pre ICO investors. We are looking to start with an amazing island already owned by my partners in this so the downside is limited but the upside is unlimited, which is just the risk reward equation that I prefer.
Founders would get a very handsome offering and be able to visit any one of the seven island luxury lifestyle resorts.
Email by return to find out more or join my crypto alert club for the how and when to buy the cryptos before the “2% club” do their promo work and make their fortune! This time, you want to join them and prosper as well!
“Escape the Matrix” today!