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Up an astonishing 1,192.8% with no end in sight

Get rich from the world's most BORING stocksI just published a report on my top 5 dividend stocks. One is up 630.8% since we added it to our portfolio. Another, I call “America’s best cash machine” because of its 8.2% yield. And a third is up 1,192.8%… with no end in sight. Best of all, these wonders pay juicy dividends and rake in top-notch gains in both bull AND bear markets. Get their names here.

 

Brother, Can You Spare a Bitcoin?

By Benjamin Shepherd on March 20, 2017

Many exotic exchange-traded funds (ETFs) have emerged over the years, ranging from ETFs that only hold closed-end funds, invest in obscure commodities or track industries that, honestly, nobody’s particularly interested in.

The latest award for weirdest ETF idea goes to the Winklevoss twins, Cameron and Tyler (yes, those Winklevoss twins) for their Bitcoin ETF.

There’s a new manifestation of capitalism on the rise: digital crypto-currency, exemplified by Bitcoin. And as the early adopters are betting, Bitcoin just might make money obsolete.

Bitcoin is two complicated concepts amalgamated into one simple, friendly technology. It’s a digital, alternative currency — a type of money that lives only on the Internet — and a safe, instant way to make payments.

Bitcoin is fully “decentralized,” meaning that no bank, not even the Federal Reserve, controls how many Bitcoins can be in circulation or can set new rules. The number of Bitcoins is strictly limited by math, with the number growing at a steady but slowing rate.

Bitcoins are dependent upon a highly encrypted algorithm which, at least theoretically, makes them impossible to manipulate. They’re also entirely unregulated.

Given all the recent revelations about NSA hacking and the surveillance state we seem to live in, it’s not hard to see why Bitcoin would appeal to some folks. It’s not subject to the whims of central bank policies and remains next to impossible to confiscate, resulting in a more secure store of value than gold.

That’s precisely why I thought it was odd that the Winklevosses (made infamous by the 2010 movie The Social Network) applied for SEC permission to create a Bitcoin ETF. Earlier this month, the SEC turned them down.

Created in 2009, the technology is still in its infancy. And while there are online exchanges where you can buy and sell the currency, they generally operate more along the lines of rare coin exchanges than the NYSE. Those are by no means bad things, but it wasn’t hard to predict that the SEC would put the kibosh on the idea of a Bitcoin ETF.

Bitcoin represents a disruptive technology. Considering that its value can’t be tied to inflation in the U.S., the government reserves in Japan or any other metric that affects the value of traditional currencies, it could be a stable medium of exchange. It’s also reportedly impervious to theft, making it a lot safer than stuffing cash in your mattress, and some banker can’t make off with it.

Bitcoin’s fortress-like security also puts it largely beyond regulation, which is precisely why the SEC denied its approval for the ETF.

Still, bitcoin is an interesting investment idea and there are reputable, even if small, exchanges where you could buy a bit to tuck aside as a purely speculative bet.

For instance, there’s the Winklevoss’s own Gemini Exchange, which is one of the most prominent. It also happens to be the largest of the very few exchanges that operate in the U.S., which gives Bitcoin investors better protections than using overseas exchanges beyond the reach of many laws.

While the SEC may not have approved the creation of a Bitcoin ETF, we haven’t heard the last of this idea.


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Here’s What’s Really Going to Crush the Market

Most folks understand the basic concept of inflation… things cost more money. But tragically, most don’t understand the real implications of what it means for their financial future. 

Or just how dangerous it’s becoming right now. Today.

And there are two reasons for that…

First, the U.S. government’s calculations barely take into account two of the things you and I are paying more and more for every day: energy and food.

Second, since inflation really hasn’t been an issue for the past 30 years here in the U.S., most analysts won’t dare to say it’s on the rise because they’ll suffer professionally. 

But I’ve made a name for myself by always saying what needs to be said. Which is why I’ve prepared a new special report that’ll give you simple instructions on how to protect yourself from the coming storm.

And better still…

It gives you the full story on the six types of investments that are destined to soar 275%… 375%… even up to 575% over the next few years as the winds of inflation flatten the U.S. economy.

You can get your free copy here.

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