Mike’s note: Given the current downfall in the markets and the rise of COVID-19, we understand you may not want to invest your money right now. But Teeka Tiwari shares why you should be looking for prime opportunities to invest… that could potentially make you millions. Opportunities that have nothing to do with the stock market.
Teeka is a leading cryptocurrency expert and editor of Palm Beach Confidential. Teeka’s picked the #1 leading crypto coins since 2016… and he plans to do the same in 2020. His latest idea is to turn $500 to $5 million… with just five coins.
Click here to watch a replay of Teeka’s webinar where he tells you exactly how you can profit with this rare opportunity in the crypto sector. And read on for Teeka’s thoughts on the current market climate…
In moments like we’re in now, it’s easy to feel alone, forgotten, and abandoned by your broker, financial adviser, or newsletter editor.
I want you to know you’re not alone. I’m right here with you.
Each of us might have a different level of wealth… But we’re all feeling the same pain across our stock portfolios.
I’ve spent my entire adult life working in the financial markets. And even with all that experience, these meltdowns are still emotionally difficult for me to navigate.
If it’s still tough for me after 31 years, I can’t imagine what it’s like for you.
Here I am asking you to sit still through the biggest meltdown in stock prices we’ve seen since the 2008 Great Financial Crisis. That’s got to be hard advice to hear… and even harder to take.
I know frustrations are rising when I receive emails from readers angry with me for counseling subscribers to cancel their travel plans.
One reader accused me of putting him out of his job as an airline pilot. Clearly, it’s not rational… But it shows how frustrated and angry people are right now.
I get it.
Usually in a crisis, it’s clear who’s to blame. In 2008, it was the big banks. In 2000, it was the internet companies and crooked accountants.
But whom do we blame in 2020? The coronavirus?
This is the very definition of a Black Swan event – something completely beyond our control or ability to forecast.
But I want you to remember as far as Black Swan events go, we do have data on how long viral outbreaks last.
According to the CDC, flu activity peaks between December and February, although activity can last as late as May.
As I wrote last week, once we have an approximate date for a vaccine… the market will bottom and stocks will soar higher. To that end, you should know the first coronavirus vaccine human trials started on Monday.
It’s expected we’ll see a vaccine within 12–18 months. My bet is unlimited resources will be thrown at efforts to significantly shorten that time frame.
But between now and a firm vaccine date, I want you to expect more volatility.
The market will fluctuate between panic selloffs and panic rallies on an almost daily basis. The markets could end up down as much as 40–50% from the peak. I need you to emotionally prepare yourself for that.
The only other course of action I see that will blunt the market sell-off is if the U.S. embraces a China-type nationwide shutdown. Under that scenario, we could see the market recover virtually overnight.
I don’t know if the political will exists for that type of bold action.
President Trump would likely have to declare martial law. Loan payments, rents, mortgage payments, and utility payments would all have to be suspended for 30-90 days. Virtually every family would require financial assistance.
The Fed would have to provide unlimited lines of credit to banks, brokers, airlines, hospitality chains, utilities, etc. It would be a massive undertaking.
But if we look at China, we can see its draconian quarantine appears to be paying off.
If published reports are to be believed, industrial production is coming back online… restaurants are opening… and domestic travel has started up again.
Maybe that is all Chinese propaganda as some are saying. Sitting at my desk in sunny Puerto Rico, it’s easy to be an armchair general. And so, I realize there are no easy answers.
So, I’ll focus on what I do know for sure: We will overcome this viral outbreak… The U.S. economy will recover… And stock prices will fully recover.
How we get there remains up for debate. But there’s no question we’ll overcome our present circumstances.
The sun will shine again on America and the rest of the world.
Remember, the world overcame World War I… the 1918 Spanish Flu… World War II… and the Great Depression. Just like those past generations, we’ll triumph over this generation’s trials.
In the interim, my team and I will continue to be here with you and for you.
And while the stock market still has some more gyrations to go through before we feel comfortable pounding the table on massive buys, I want you to be aware of an opportunity emerging in the crypto market.
I’m running out of space in this article to talk about it, but you can click here to watch the official replay of my special event, on this tiny subsector of the crypto market…
So click here for all the details about an opportunity that has nothing to do with the coronavirus, the Fed, or the stock market.
Let the Game Come to You!
Editor, Palm Beach Confidential
P.S. Over the past six months, I’ve been on a world tour, interviewing my network of crypto insiders and billionaires to uncover what I call “The Final Five.”
These are five tiny cryptos I believe have the potential to soar so high, they can make you as much as $5 million with just a $500 stake in each. It all has to do with a rare phenomenon that strikes the crypto market every few years.
Given the rarity of this event, I decided to charter my own private jet to go to the epicenter of this huge opportunity. One of the security tricks I learned from a billionaire contact of mine was to switch out the jet’s tail number.
But I didn’t stop there… I hired my own security detail, headed by a former U.S. Air Force officer. I
did all of this to make sure my “Final Five” list stayed secret.
And finally, I’m releasing my 2020 Final Five buy list. To learn how you can access it, click here to watch the official replay of my special broadcast.