Nomi’s Note: For today’s Inside Wall Street, I’m handing the reins once again to my colleague Phil Anderson… And for good reason.
As a master forecaster, Phil is not the type of guy who makes predictions lightly. And his incredible track record speaks for itself.
He forecasted the dot-com bubble, the 2007 stock market peak, and even the March 2009 low of the Great Recession…
In 2018, before Covid was a blip on the radar, Phil predicted a short-lived downturn followed by a profitable 18 months…
And in 2023, when every expert called for a recession, Phil said there’d be no recession… and that stocks would hit new highs.
It all happened exactly as he said. And just this morning, Phil went on camera with his next big prediction. Watch it here.
Then, read on to learn more about the 18.6-year cycle Phil follows to make such accurate calls…
The signs are everywhere…
The 18.6-year real estate cycle is accelerating. Too bad that most investors won’t be able to become part of this.
They don’t get it… they’re still worried about interest rates and inflation, and some are still seriously discussing the probability of a recession.
There won’t be one anytime soon.
On the contrary… if you look for the right signs, you’ll see that the cycle develops just as I predicted. And right now, we’re in one of the most exciting stages of the cycle.
It’s the melt-up phase…
Did You Miss This News?
I said in the past that one of the most reliable signs to look for to understand where we are in the cycle is when strange things that nobody understands soar in value.
Enter Bitcoin…
Just recently, the U.S. has approved several ETFs based on spot Bitcoin.
Its price fell afterward, but I wouldn’t draw any long-term conclusions based on that.
However, in one region of the world, Bitcoin and other crypto assets are all the rage.
In China, investors feel burned by equities. The country’s stock market has been in decline for three years.
So their answer is… crypto.
From Reuters:
[M]ore and more Chinese investors are using creative ways to own bitcoin and other crypto assets that they believe are safer than investing in crumbling stock and property markets at home.
But it gets better…
[Equity analyst Charlie] Wong believes Chinese officials are cognisant of how disruptive bitcoin can be and yet aware of its huge potential, and hence their endorsement of crypto trading in Hong Kong, to keep a toehold in the crypto business booming in financial centres such as Singapore and New York.
Chainalysis reckons the developments “have created speculation that the Chinese government may be warming to cryptocurrency and that Hong Kong may be a testing ground for these efforts.”
Do you understand what this means?
China Keeps Pushing the Cycle Forward
If millions of desperate investors from China start rushing into Bitcoin, it will be back in the news like there’s no tomorrow.
For now, Western investors haven’t paid too much attention to this.
But they will, eventually. And whatever happens to crypto on the opposite side of the world will create more Bitcoin buzz in the U.S.
Do Chinese investors understand it better than the U.S.-based ones?
I bet they don’t. They buy it not for what it is (does anyone even know?) but for what it isn’t.
It’s not stocks, it’s not bonds, it’s not gold.
They buy it for what it isn’t… which tells me that we’re in the stage of the cycle where people don’t really understand what they are getting into… and don’t care enough to do so.
That’s exactly how this stage works. And for those who know where to put their money, it’s about to become really profitable.
How do you become one of the people “in the know”?
Find out for yourself right here.
Regards,
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Phil Anderson
Contributing Editor, Inside Wall Street With Nomi Prins