Tag: Palm Beach Letter Reviews

By Teeka Tiwari, editor, Palm Beach Daily

Telling people what you believe versus what they want to hear might be among the most difficult things we humans have to do.

It’s even harder when facing hundreds of people in a live audience.

That’s exactly what I had to do in late 2014. At that time, virtually everyone was bearish on the stock market. The scars of the great financial crisis were still fresh. And no one wanted to hear anything good about stocks.

The presenter before me had literally told everyone to bury their money in the backyard. And here I was about to go on stage to say we were at the doorstep of a massive sustained rally in stock prices.

— RECOMMENDED —

JEFF BROWN’S FIRST EVER ACCELERATED TIMED STOCK RECOMMENDATION

Thanks to the federal government, this tiny stock has a preset “timer” attached to its share price.

This timer is set to hit zero on July 30, at 8:30 a.m.

And anyone who gets in ahead of time could make $142,000 in the coming weeks… starting the exact moment – down to the second – this timer hits zero. All thanks to a Timed Stocks acceleration phase that’s happening RIGHT NOW…without almost anyone realizing it.

Get all the details on Jeff’s FIRST EVER Accelerated Timed Stock Recommendation now

The pressure to conform to the widely held bearish view was intense.

Yet, I stood there and told the audience we’d see a massive bull market for the ages.

People thought I was nuts. Even worse, some people thought I was delusional. Since then, of course, we’ve seen the market rise almost 80% – if you include dividends.

More recently, I came under intense scrutiny for counseling “do nothing” when stock prices collapsed in March. I pointed out that if you were a long-term investor, you should just leave your money alone and go enjoy your family.

So far, that’s been proven to be sound advice.

What’s my edge?

All of my career, I’ve been a contrarian. While the news media reports one thing, I find it much more profitable to take the other side.

Access Dark Market Insights – 24 Hour Trades exploding as Much as 1,360%+

After all, most media personalities (including many newsletter editors) don’t have my years of experience in the financial markets.

They’ve never run a hedge fund. And they certainly don’t have the resources… connections… or knowledge I’ve built up over my 30-plus years in the markets.

So what is the media missing this time?

Despite the pandemic, one sector is going through a remarkable revival. It’s defied national lockdowns. And it’s seen sales grow 22% since last year.

By 2024, one study projects it’ll swell to a $103.9 billion global industry – a 511% increase from here. Today, I’ll tell you what it is…

— RECOMMENDED —

Why Everyone is Getting Rich Right Now … And You’re Not

Thousands of Americans have been hit by a wave of wealth in the wake of COVID-19. Stocks are up 40% since the crash, yet some lucky retirees have the opportunity to see 100%+ gains because of what’s coming next. How are they doing it?

For the first time in history, two millionaire investors have joined forces to help you learn the secret moneymaking strategy of the wealthy and connected.

Click here to watch their presentation

An Essential Business

COVID-19 has pushed many industries to the brink of failure. But others are experiencing unprecedented demand for their products and services.

One of them is cannabis.

Regular readers know I’ve been bullish on cannabis for more than a year. And despite 2019’s crash, I believe several tailwinds are lining up to ignite a huge rally.

Let me explain…

The entire industry was left for dead after last year. The benchmark Horizons Marijuana Life Sciences Index ETF (HMLSF) fell 50% from July to November 2019. And major companies like Canopy Growth and Aurora Cannabis dropped 54% and 68%, respectively.

But the pandemic has hit government coffers hard. And I believe they’ll turn to cannabis companies to fill them.

Trader Legend Reveals “3-Stock Retirement Blueprint”

According to the National Association of Counties, local governments will see a $198 billion loss in tax revenues due to the COVID-19 outbreak. That’s not even taking into account losses at the state and federal levels.

In 2019 alone, the legal cannabis sector generated $17 billion… created more than 200,000 jobs… and pumped $1.9 billion in taxes into state and local governments.

But this is just the tip of the iceberg…

A report from Prohibition Partners projects the global cannabis market will swell to $103.9 billion by 2024. That’s an annual growth rate of nearly 50% – roughly double previous estimates.

That’s a potential $10 billion-plus honeypot of tax revenue.

Plus, the pandemic is creating a tailwind for cannabis.

While many other businesses close their doors indefinitely, some states deem cannabis businesses “essential”… just like grocery stores and pharmacies.

And many cannabis retailers are thriving – seeing a boost in online sales and offering delivery services – despite the pandemic…

For instance, in March, cannabis sales in Canada climbed 19%. In California, sales have averaged 53% higher than last year. And Oregon has posted a 58% increase in sales from last year.

But an even bigger catalyst may come this fall…

— RECOMMENDED —

You Could Make 843% in Your Sleep From 24-Hour Trades

You could have massive overnight gains throughout this entire crisis.

“Blitz Tracker” shrinks your exposure by controlling your time spent in the market and regularly delivers powerful 24-hour gains.

Click HERE now to see how to join folks already making money during this market chaos

More Tailwinds Ahead

In November, several states will vote on cannabis laws. And the one I’m watching closely is New Jersey – home to 9 million people.

Medical cannabis is already legal in the state. But this fall, recreational use will be on the ballot.

If the measure passes, it’ll attract millions of dollars in revenue from neighboring New York. So a win in New Jersey means New York will have no choice but to legalize, too. We’ll likely see similar efforts in Pennsylvania and Connecticut as well.

The dominoes are starting to fall. I believe we’ll see cannabis federally legalized in the next two years. The budget holes are too big, and the opportunity to fill them with cannabis tax revenue is too large for politicians to ignore…

Still, investor sentiment in the cannabis space remains in the gutter… even as we’re seeing skyrocketing demand for legal cannabis.

When sentiment finally catches up to the reality of booming sales, we’ll see a new upcycle that’ll take this sector to new highs. Companies trading near their bottoms could soar five, 10, or even 100 times or more when investor sentiment flips.

One easy way to get involved in this trend now is by owning HMLSF. It holds a basket of top legal cannabis names… And it will give you exposure to the entire space.

— RECOMMENDED —

The Wall Street Legend Who Picked Apple in 2003 and Bitcoin in 2016 – Shares #1 Pick for the 2020s

It’s not 5G, artificial intelligence, or the internet of things.

The answer will surprise you. And, for those who take early action, it could lead to an eventual $1.6 million payout.

See #1 Pick

As I mentioned above, many quality cannabis companies are poised to not only survive this time of uncertainty… but thrive, once bullish sentiment returns to the overall cannabis market.

But while the market’s shake-up has left cannabis stocks undervalued, the best setups are in the private space. Even if the market remains volatile, these companies can stay private until the conditions are more favorable.

And right now, you can still get into three of these private deals for as little as 75 cents per share. But you must act now. These companies will be closing their doors to new investors soon…

By Teeka Tiwari, editor, Palm Beach Letter

The nation was in ruins…

In October 1929, the Dow Jones fell 24% over two days. The panic marked the start of the Great Depression.

Unemployment climbed to 25%… Economic growth fell by more than half… And millions of Americans fell into poverty.

Here’s the thing…

— RECOMMENDED —

The Wall Street Legend Who Picked Apple in 2003 and Bitcoin in 2016 – Shares #1 Pick for the 2020s

It’s not 5G, artificial intelligence, or the internet of things.

The answer will surprise you. And, for those who take early action, it could lead to an eventual $1.6 million payout.

See #1 Pick

The Great Depression also starved the government of tax revenue.

At the time, the U.S. was still on the gold standard. And the Fed couldn’t just crank up the money printer like it can today. It needed to get creative.

So it turned to one of the few industries flourishing at the time: Bootlegging.

According to some estimates, mob boss Al Capone made $60–100 million per year selling illegal booze. In today’s dollars, that’s more than $1 billion.

When Franklin Roosevelt ran for president in 1932, he vowed to repeal Prohibition, saying it would boost “federal revenue by several hundred million dollars a year.”

A year later, the U.S. repealed Prohibition. And the illicit proceeds once flowing to the mob were redirected to Uncle Sam.

The end of Prohibition was a boon for the U.S. Treasury. It used that tax money to help rebuild the country.

Today, U.S. alcohol sales are around $254 billion. The industry employs more than 4.4 million people and generates about $69 billion annually in taxes.

It’s also turned small companies into powerhouses.

In 1933, when Prohibition ended, Anheuser-Busch generated just $330,000 in sales. By 1938, sales were up to nearly $5.5 million – a 1,551% increase. Today, the industry giant brings in over $50 billion per year.

I’m telling you this story because we’re seeing a similar setup today.

Just like during the Great Depression, sales in this illicit sector are booming. And politicians are taking notice, too…

— RECOMMENDED —

You Could Make 843% in Your Sleep From 24-Hour Trades

You could have massive overnight gains throughout this entire crisis.

“Blitz Tracker” shrinks your exposure by controlling your time spent in the market and regularly delivers powerful 24-hour gains.

Click HERE now to see how to join folks already making money during this market chaos

History Repeating Itself

On March 11, the World Health Organization declared the COVID-19 outbreak a pandemic.

Since then, we’ve seen unemployment reach 14.7% – the highest in modern history… GDP shrank 4.8% in the first quarter of 2020… And millions of Americans now face poverty.

We estimate the government has spent $6 trillion in order to rescue the economy.

But while the Fed cranks up its printing press and Congress passes stimulus bill after stimulus bill… state and local governments are facing bankruptcy.

Unlike the feds, they can’t print their own money. So they’ll have to look elsewhere for tax revenue. And they’re targeting another emerging industry: cannabis.

In the U.S., 11 states allow recreational cannabis use and 33 allow medical use.

Here’s why I believe politicians will turn to cannabis…

In 2019, the legal cannabis sector generated $17 billion… created more than 200,000 jobs… and pumped $1.9 billion in taxes into local governments.

But this is just the tip of the iceberg…

A report from Prohibition Partners projects the global cannabis market will swell to $103.9 billion by 2024. That’s an annual growth rate of more than 50% – roughly double previous estimates.

That’s a potential $10 billion-plus honeypot of tax revenue. Plus, the coronavirus pandemic is creating a tailwind for cannabis.

While many other businesses close their doors indefinitely, some states are deeming cannabis businesses “essential” – just like grocery stores and pharmacies.

And many cannabis retailers are thriving – seeing a boost in online sales and offering delivery services – despite the pandemic…

For instance, in March, cannabis sales in Canada climbed 19%, and in Michigan, sales doubled. And California saw a 159% spike by mid-March.

With so much potential tax revenue up for grabs, we believe politicians will have no choice but to act – just like they did with alcohol prohibition.

— RECOMMENDED —

A Sneak Peek Inside Apple’s 5G iPhone?

5G will really kick off on September 22. That’s when Apple is expected to release their first 5G iPhone.

Details are scarce. But this video gives you a sneak peek at what’s inside.

And there’s one piece that’s critical to these phones.

Silicon Valley’s top angel investor, Jeff Brown, thinks one company behind this piece could be the #1 Tech Stock of 2020.

Click here right now

The Stage Is Set for Legalization

Evidence is piling up of politicians preparing for the legalization of cannabis. Consider the following:

• Last month, the House included cannabis banking legislation in its latest coronavirus stimulus bill. The legislation is identical to the SAFE Banking Act, which protected banking institutions that provided loans, accounts, and other services to legitimate marijuana businesses.
• In New York, lawmakers are urging Governor Andrew Cuomo to pass the Marijuana Regulation and Taxation Act to help offset lost tax revenue.
• And in New Mexico, Governor Michelle Lujan Grisham says the state lost out on a projected $100 million in recurring revenue when the Legislature blocked a cannabis legalization bill this year. She’s pushing for legalization again to help fill the budget gap created by the coronavirus pandemic.

Investor sentiment in the cannabis space remains in the gutter, even as we’re seeing buying frenzies and skyrocketing demand.

But when sentiment finally catches up to the reality of booming sales, we’ll see a new upcycle that’ll take this sector to new highs. Companies trading near their bottoms could soar five, 10, or even 100 times or more when investor sentiment flips.

Long story short, after spending two years being the market’s whipping boy, pot stocks are about to come back in favor big time.

One easy way to get involved in this trend now is by owning the benchmark Horizons Marijuana Life Sciences Index ETF (HMLSF). It holds a basket of top legal cannabis names… And it will give you exposure to the entire space.

America’s #1 Stock Picker Reveals Next 1,000% Winner (free)

As I mentioned above, many quality cannabis companies are poised to not only survive this time of uncertainty… but thrive once bullish sentiment returns to the overall cannabis market.

But while the market’s shake-up has left cannabis stocks undervalued, the best setups are in the private space. Even if the market remains volatile, these companies can stay private until the conditions are more favorable.

And right now, you can still get into three of these private deals for as little as 75 cents per share. But you must act now. These companies will be closing their doors to new investors soon…