Update - March 29, 2022
Why Our Crypto Continues to Outperform
It’s funny how the mainstream press picks its battles. It’s almost like it has a narrative it’s trying to push…
Golly.
Sticking my head out to look around all those filters, I see some very interesting things happening.
The yield curve, of course, is sending serious warnings. But now the pundits are picking and choosing exactly which spreads it is that must invert to accurately predict a recession.
Is it the two-year and the 10-year? The five-year and the 30-year? The two-year and the five-year?
The press seems to be picking the spreads that best fit its narrative.
It’s silly.
It doesn’t matter. It’s like debating whether it’s partly sunny or mostly cloudy. The final result is the same.
Something is casting a shadow.
The bond market – one of the “smartest” markets around – is predicting trouble. Like I said back in the January issue, the drunken shenanigans from the pandemic won’t come without a hangover.
It’s on its way.
But here’s what the market is not seeing… and what’s failed to make the headlines.
With rates on the long-term end of the spectrum refusing to budge higher, investors are expecting the easy-money regime to continue.
Even the Fed’s dot plot showed as much earlier this month. It depicted a quick reversal coming as soon as next year.
So of course stocks are going to rise. That’s what they do when money is cheap. Debt pushes everything higher.
But it won’t be just stocks that go up. That’s the key.
Look at crypto… and look at it closely. Loose monetary policy pushes everything higher.
Bitcoin is once again closing in on $50,000.
Better yet, Monero (XMR), our long-term crypto play, continues to be a market leader. It’s been outpacing Bitcoin by nearly 3-to-1 over the last month.
It’s not hard to see why the privacy coin is doing so well (we’re up 135% on it).
First it was the folks in Canada confiscating money from protestors. Then it was the financial lockdown in Russia.
Monero, of course, was designed to sidestep such issues. It keeps transactions – and the identities of the folks behind them – private. It may not be good news for a heavy-handed government looking to keep angry truckers out of its streets, but it’s good news for folks who think they should be able to do what they want with their money.
This one will continue to be a long-term winner.
But it’s been the only play in our crypto portfolio for too long. I’m changing that.
With real yields still deeply negative, our allocation to crypto must remain robust. That’s why I’m adding a unique and powerful token to our portfolio in the next monthly issue.
A full description of the play – and an explanation of why I’m so excited about it – will hit your email inbox this time next week.
But you don’t have to wait to get in on the next big thing. In fact, the little-known opportunity I revealed yesterday deserves your immediate attention.
On Monday, we went live with my conversation with famed radio and TV pundit Buck Sexton. It’s called The Generational Wealth Summit.
If you haven’t watched it yet, do so now.
This is the biggest thing Manward has ever done.
In it, I reveal a brand-new opportunity… and one of my favorite ways to play it right now. The pick is entirely free.
If you like crypto, you’re going to love this. I think the market potential is 10 times bigger.
Some folks go even further. Global bank HSBC estimates this market could grow 2,400,000% in the next five years alone.
That’s huge.
And you can play it today for less than $5.
Note: Set a reminder for 2:30 p.m. ET tomorrow. That’s when I’ll be hosting a very important Manward “town hall” event. With so much going on in the world and the markets, it’s important you stay informed. More details will come. For now, clear your calendar.