When Rich Guys Go Off Script

This past week, the Oracles of Omaha made some savage comments about bitcoin. Warren Buffett likened the world’s most popular cryptocurrency to “rat poison.” Not to be outdone, Charlie Munger, his right-hand man, said it was as bad as “trading freshly harvested baby brains.” 

We think Warren and Charlie are out of their league here. But they’re not the only billionaires who made controversial statements… Tesla CEO Elon Musk is on our list, too. Read on to find out why…

High Volatility Is Here to Stay
In 2017, the market suffered from record-low volatility. The average intraday move was less than 0.4%… Over the past month, the S&P 500’s trading range has been about 4%. What a difference a year makes


America’s Economic Refugees Are Fleeing to These Three States
Between 2015 and 2016, more than a half-million economic migrants fled to states like Florida, Nevada, and Texas. They’re not fleeing tyrannical governments. They’re searching for better job prospects and higher living standards


Avoid These 10 Companies During Income Extermination
In the second stage of Income Extermination, we’ll see unprofitable businesses with lots of debt start to fail. If you have debt-laden companies in your portfolio, you’ll want to dump them as soon as possible


Bitcoin Is “Immoral” and “Stupid”
Legendary investor Charlie Munger recently called bitcoin a “combination of dementia and immorality.” He also said bitcoin is worse than “trading freshly harvested baby brains.” Munger isn’t the only smart guy to trash bitcoin, but we’ll show you why they’re wrong


Has Elon Musk Lost His Mind?
Tesla CEO Elon Musk is in no mood to answer tough questions from investors. That’s because his business is bleeding cash. And now he’s facing stiff competition from traditional automakers getting into the electric car race

Regards,

Nick Rokke, CFA
Analyst, The Palm Beach Daily

P.S. Regular readers know longtime PBRG friend Bill Bonner as our go-to guy when we look for big-picture analysis. But you may not know that Bill also runs a vineyard at his Gualfin ranch in Argentina.

Last year, Bill was kind enough to send me a bottle of his Tacana Malbec. It’s a manly wine full of intense flavor with a slight jammy finish. It paired perfectly with the steak I had that night. I still savor it to this day…

And Bill’s just released this year’s vintage. I highly recommend you try it.

You can order a case of Bill’s Legendary Gualfin Tacana Malbec right here… And if you don’t think it’s the best Malbec you’ve ever tasted, Bill says he’ll send you your money back. No questions asked. So the very worst that could happen is that you drink Bill’s wine at his expense. You can’t lose.

Bill only has 3,300 bottles of Tacana Malbec in stock. And last year, he sold out in less than 24 hours. So don’t delay—it won’t last long. Order your case today

 

Our Best-Selling Research


Upsetting Message, Live on Video…
Hey, James here.

And believe me… you need to see the video at this link.

First, because it goes away at exactly midnight this Sunday evening.

But more than that, because this could be your last chance to discover the strange "income phenomenon" that pays real cash to regular investors, week after week.

We’re talking about the potential for as much as $36,000 or more in extra cash, over the course of a year.

Access to this information shuts down on Sundayclick here before it disappears.

Silicon Valley Money Manager’s “Master Secret” Used To Generate Millions for the West Coast’s Top Pro-Athletes, and Execs…
Generates 1,093% MORE MONEY on average than his typical trades.

Only happens once per year – and that time is now.

Click for Full Details.

Rare Refined Powder Can Return 10x More Profits Than Bitcoin?
Take a look at this image. Bet you don’t know what it is…

It’s a rare commodity that’s no longer produced in the U.S… but it’s 100% essential to nearly every item used by our military today.

When Pentagon officials turn to the only company that can supply this powder, shareholders could multiply their money by 10x or more…

To learn how to access the name of this company and its ticker, click here.

Posted in Palm Beach Daily