Over the weekend, I spoke at the EconoSummit in Las Vegas. I was there with my Eagle colleague and Fast Money Alert co-editor Dr. Mark Skousen, as we shared our thoughts with the attendees about the markets in a post-election, Trump/Republican dominated new world order.
Both Mark and I agreed that the new government is going to be much better for financial markets and the economy at large, and the chief reason is because of the impending deregulation wave and the likelihood that the current Trump tax cuts, which are set to expire soon, will be extended and become permanent.
And given the complete control of both chambers of Congress, Republicans will have an opportunity to prove to America that they mean business on the tax issue. So, ladies and gentlemen of the House and Senate, please act accordingly.
Both Mark and I also agree that the idea of imposing across-the-board tariffs of the kind President-elect Trump has flirted with is a bad idea, but hey, we can cross the tariff bridge when we come to it.
The most interesting question here for us, as investors, is how do we best ride the Trump tailwind.
As I told you in last week’s issue, my biggest election winner here is cryptocurrencies.
President-elect Trump is very pro-cryptocurrency, and he has embraced the asset class while he heavily courted the crypto community vote. In my view, this was a great decision because crypto is an unstoppable force driven by demand and technology that cannot be denied or ignored.
Now, judging by the market’s reaction to the Trump win, I think my thesis has proven spot on.
Chart courtesy of www.stockcharts.com.
This morning, Bitcoin hit an all-time intraday high of nearly $94,000!
Now, at the EconoSummit, I said that Bitcoin would hit $100,000 by the end of the year. Well, it appears now that it may do that by the end of the week!
The move higher in Bitcoin, which is up some 20%+ since Election Day, has really vaulted our portfolio holdings in my new advisory service, Jim Woods’ Crypto & Commodities Trader.
The service is off to a fantastic start, as we banked a 156% realized gain in the first six days!
This morning, subscribers to the Crypto & Commodities Trader were treated to two more big winners. This time, we didn’t have one, we had two triple-digit-percentage realized gains!
The first, a 200% win, came via call options in a company that specializes in Bitcoin mining. The second, a win of 221%, came via call options in a company that operates a cryptocurrency trading platform for individual investors.
Note here that while both of these companies are in the cryptocurrency space, neither is actual Bitcoin or other cryptocurrencies. Instead, these are “picks-and-shovels” companies that facilitate the crypto space, companies with real earnings, real revenue and real call options that move ultra-fast.
By knowing which companies, and which options, are most likely to deliver outsized gains for investors, we’ve been able to bank gains of 156%, 200% and 221% in our first three completed trades!
Do you want these kinds of gains in your portfolio?
I know the answer is “yes,” because as you read this, I know you are nodding your head along with me.
So, I implore you not to wait a minute longer. Learn how you can get the expert guidance you need to navigate the crypto and commodity space, and how you can put yourself on the path to riding the biggest Trump tailwind in this market, right now.
To do so, all you need to do is check out my new advisory service, Jim Woods’ Crypto & Commodities Trader, right now.
Character in Victory and Defeat
“Be humble in victory and gracious in defeat.”
–Christopher Earle
If you are happy with the results of the election, and I suspect that you are, then by all means, celebrate. But please, do so with humility and with grace. In 2020, Republicans showed less-than grace in defeat. Let’s face it, Donald Trump didn’t even accept defeat. This time around, I have not heard sounds of election fraud because there wasn’t any material fraud in 2024 –nor was there any material fraud in 2020.
If we want a more perfect union, we need to embrace the facts, be humble in victory and gracious in defeat. Because in life, you will find yourself on both sides of the victory/defeat ledger, and how you handle both will reveal a lot about your character.
Wisdom about money, investing and life can be found anywhere. If you have a good quote that you’d like me to share with your fellow readers, send it to me, along with any comments, questions and suggestions you have about my newsletters, seminars or anything else. Click here to ask Jim.
In the name of the best within us,
Jim Woods
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