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Lost a dear friend and mentor this month, the world will miss him. Found out today that Gene Guarino passed away last week.
He was famous for many things and cherished for more. I will miss his warm heart and his generous spirit.
This is my tribute.
Bitcoin is hitting it's all time high and will go higher. Will it go up 10 or 20% no. It will go up 10-20X because it's an exponential technology and based on a network that becomes exponentially more valuable as it grows. Doubling the network of users will make Bitcoin 10X more valuable. This applies in our lives too, build a network and watch the value of your impact explode exponentially. No more 2X thinking, lets think about 100x and using the power of the network and Metcalf to free the world.
It's official, Fed Chair Jerome Powell and SEC Chair Gensler has blessed Americans by deciding not to regulate Bitcoin like China. Wow, thanks guys, you do know it's decentralized right? Love the arrogance of these overlords. Another Overlord, Senator Manchin will Only allow $1.5Trillion for the recon bill in Congress, wow, now he's conservative :-) Student loans being forgiven, Exponential tech changes and asset price thinking are all packed into this episode.
Congress is about to blow up Self Directed IRAs with the reconciliation bill. This ONLY impacts IRAs (both traditional and ROTH).
Two main things:
Checkbook control SDIRA's that own an LLC will be banned.
Self Directed IRA's will be prohibited from investing in private placement syndications. No more apartments etc.
Ticking time bombs.
Want to fix this? Learn more at eqrp.co
They (Democratic Congress) want to kill the ROTH, disqualify IRA's from investing in apartments, raise everyones income taxes, keep people poor, grow the government and keep you trapped and addicted to the politicians, while they go to $30,000 Gala's a the Met - yes AOC!
Crazy but true and all will happen in the next 2 weeks - by end of September 2021) under the reconciliation process with a simple majority vote, no filibuster option.
This legislation could crash the stock market, big changes coming
The last 20 years changed everything.
A divided nation, between Makers and entitled Takers.
The volume of Takers is exploding, taking $ from the federal government and the nation is addicted, forced out of survival to do whatever Uncle Joe demands, commands OR ELSE die.
Since 9/11, we've allowed the degradation of American authority through endless wars, a Patriot Act that's destroyed liberty and freedom and an entitlement system crushing Americas secret hustle sauce.
Time to wake up.
Ever have someone offer a free lunch or encourage you to invest, or push something on you without really knowing why they're so focused on you doing their thing?
Money.
The world is full of snake oil scheme artists and advisors with their slick plans to help you avoid tax and boy do they sound good! But be weary and careful that you have the rest of the team too, the narrow experts like CPA's and Attorneys. No wealth strategist or tax advisor replaces all these narrow experts.
Why were Americans in Afghanistan? Was it to fight terrorists or was it for something bigger and nefarious?
It was for one purpose money.
The war was for minerals that China now has a direct ability to tap into as they share a border with Afghanistan.
More today on what to do with misinformation being pushed by the talking heads at CNN and the truth being censored.
How do you know when something is too good to be true?
Investments or Wellness, it's always a question you have to ask yourself and watch yourself when your initial reaction to some new info or opportunity is: It's Too Good to be true.
Is it or are you just not seeing it because you're skeptical and afraid of making a mistake?
Senator Dick Richard Shelby pulled the ultimate move to crush Crypto this week to give more bacon to the military. What an absolute idiot! More on this today and what we need to do to protect our wealth.
From the publisher's feed