The Deep Woods: Crypto and Commodities Equal More Freedom

You are receiving this email because you signed up to receive our free e-letter The Deep Woods, or you purchased a product or service from its publisher, Eagle Financial Publications. [The Deep Woods] [Successful Investing]( [Bullseye Stock Trader]( [About Jim]( In This Issue: • Crypto and Commodities Equal More Freedom • ETF Talk: ‘Mining’ a Cryptocurrency ETF • Toxic Tarriff and Tax Talk • U Can’t Hold No Groove Crypto and Commodities Equal More Freedom by Jim Woods Editor, [Successful Investing]( and [Bullseye Stock Trader]( 09/18/2024 Sponsored Content [The most powerful trade you've NEVER heard of]( 310F: These four characters could hold the secret to the most powerful trade you've never heard of. It's released every Tuesday and could DOUBLE your money by Friday. One trader has been quietly using it to generate spectacular, consistent results, making money 99.1% of the time. [This shocking video exposes how you too can use this trade to double your money week after week.]( Money equals freedom. That’s a line I often use when I give talks at the [MoneyShow](, or at [FreedomFest]( or at the [EconoSummit](, as it puts the quest for more wealth into its proper perspective. You see, accumulating more money isn’t so you can go out and buy stuff to show off for others. That’s what I call a “second hander” mindset, and it’s the kind of mindset I find reprehensible. The mindset I embrace is something I call “rational moral happiness,” which means the pursuit of one’s own rational self-interest for one’s own sake, as man is an end in himself. But to be happy, one must have as much freedom as possible. I mean, how are you going to be happy when someone else is telling you what to do, what to think or what to feel? Yet to have the freedom to do what you want, think what you want and feel what you want, you have to have the autonomy to do so. And in our world, the best tool for enhancing one’s personal autonomy is having a whole lot of money. Now, investing in the equity markets is one of the best ways to grow your money, and by extension, to grow your freedom. It’s not the only way, but it’s a very good way, as it’s relatively easy, and it’s easy to understand. Yes, bonds are a great tool for investors who are looking for income. Real estate is a great way to build long-term wealth, too. I own all three of these asset classes, and that’s one reason why I have the freedom to do what I love, which is writing about the world and making sense of it together with you. Notably, I have yet to mention two other asset classes that can also be incredible tools for enhancing your freedom. I am referring here, as you may have guessed, to cryptocurrencies and commodities. In last week’s issue of The Deep Woods, I introduced you to my newest project, one that is designed to make you more prosperous, and to thereby supercharge your freedom. This new project is the upcoming debut of my newest trading service…  [Jim Woods’ Crypto & Commodities Trader]( As the name implies, this new trading service is all about how to profit from two of the most exciting, and potentially most profitable, segments of the global economy today -- both of which are not directly correlated with the broad stock market. This soon-to-be-launched service will go live in just over a week, and in our first issues we will have several outstanding ways on offer for you to profit from the rise in Bitcoin, precious metals, industrial and agricultural commodities and even from companies whose existence represent great “picks and shovels” plays on the crypto and commodities space. And because it’s a trading service designed to achieve maximum alpha, we will also use instruments with leverage, including options and leveraged exchange-traded funds (ETFs) to supercharge our returns. If you would like to be among the first to find out more about this service, and get immediate access to my new special report: America’s Freedom Multiplier: How to Use Crypto & Commodities to Attain Financial Freedom, then all you have to do is [simply click here](. You will be sent to a no-obligation landing page so that you can download this report, compliments of your editor. Oh, and by the way, I am not shy about saying this is one of my favorite things I’ve ever written, as it lays out the importance of using all the beautiful tools at your disposal to help make you a freer, more prosperous individual. And speaking of this report, I’ve already received a deluge of positive comments from readers who have already joined our “hotlist” and have read the new report. These comments have been tremendously gratifying, as they independently validate my evaluation that this is some of my best work.Today, I thought I’d give you a little sneak peek of the report by allowing you to read a few excerpts. So, here we go. On Bitcoin and America… America was founded on the principle of the supremacy of individual rights, i.e., the state isn’t in control of its citizens, the citizens are in control of the state. And while that beautifully moral and liberating idea has suffered mightily over the past two-and-a-half centuries due to the encroachment of bad collectivist ideas, the truth of this principle remains salient today, and the idea that Americans still understand the words “to make money” is the essence of what makes us special. Interestingly, the term “to make money” has taken on another, more literal, meaning over the past decade and a half. And to be very precise, the term “to make money,” was taken to its literal extreme, and actually became a reality on January 3, 2009. It was on this date that the Bitcoin network was created, and it started when the mysterious creator of Bitcoin, (possibly even a group of individuals) known as Satoshi Nakamoto, created the first block of the “blockchain” that then “mined” the first Bitcoin.” On government and Bitcoin… The removal of currency from government is a dream state for a libertarian mind such as mine, and of course, I am by far the only one who sees this as a most-laudable societal development. And hey, what is more American than to extricate its citizenry from the heavy hand of government control? We did it with the British monarchy in 1776, and we began to do so monetarily on January 3, 2009, with the advent of Bitcoin. On the importance of commodities… It takes the genius of man’s mind and the implementation of thought and action devoted to the mastery of the elements to turn what the earth gives us into what we need to live successfully on the earth. That principle alone is reason enough to have commodities in your portfolio, but the other, more salient reason, is that invested in properly -- with the tactical and technical skill required for success -- commodities can also be an amazing force multiplier in the service of your money. As you can see, I love writing about cryptocurrencies and commodities, not just because they are “cool,” but because of the added freedom they can bring you -- if you know how to properly use them. And properly using them is what [Jim Woods’ Crypto & Commodities Trader]( is all about! Once again, to get your copy of my brand-new, free special report, America’s Freedom Multiplier: How to Use Crypto & Commodities to Attain Financial Freedom, and to put yourself on the “hotlist” to be among the first to know more about the new release of the Jim Woods’ Crypto & Commodities Trader, [simply click here](. [China’s Global Conspiracy to Destroy the American Dollar]( China is nearing the end of its 40-year plan to dominate the world’s economy. Only one obstacle remains: The U.S. dollar. But not for long... because China has enlisted many co-conspirators to sink the dollar: Russia, India, Brazil, Argentina, Germany, and even Canada. And – no surprise – the International Monetary Fund (IMF) wants to jump in to help China win. This means China now has the power to crush the dollar almost overnight... and bankrupt America. But there’s still time to protect the money and retirement of investors. [Click here now to find out how... before it’s too late.]( ETF Talk: ‘Mining’ a Cryptocurrency ETF About a year ago, Reason magazine posted a debate between Alex Gladstein and Lawrence White entitled "Bitcoin Is an Effective Tool for Liberty.” Alex argued the affirmative, pointing out Bitcoin’s allure in the Global South, where the official exchange rate is far higher than the exchange rate on the street, not to mention the empowerment that Bitcoin can give to those apostles of liberty who hold it -- a form of exchange out of reach from governmental control. Lawrence argued the negative, stating that Bitcoin is not going to be replacing fiat money anytime soon, and pointing out that gold would be a far better tool to advance liberty than it. Who won? [You decide.]( In our most recent sojourn, FreedomFest, we had our own debate on the future of Bitcoin -- which I attended and can assure you was just as intellectually thrilling as the one in Reason. While the schedule for this year’s FreedomFest has yet to be posted, I am confident that discussions, questions and ideas about this new form of currency will very likely return -- and in many more FreedomFests to come. Perhaps you may want to add Bitcoin or other cryptocurrencies to your investment portfolio, but in an indirect (and therefore less risky) form. The good news is that, as my [Successful Investing]( subscribers know (and if you aren’t one, why aren’t you?), there’s an exchange-traded fund (ETF) for that: the ProShares Bitcoin Strategy ETF (NYSEARCA: BITO). The most important thing to underscore about BITO, though, is that although it aims to produce returns that correspond to Bitcoin’s price fluctuations, BITO’s basket contains no actual Bitcoin itself. It only invests in Bitcoin futures. The fund is actively managed and is set up to hold these futures contracts during times that Bitcoin is doing well and times when its value is falling. As of Sept. 17, BITO has been down 0.11% over the past month and down 11.75% for the past three months. It is currently up 34.30% year to date. Chart courtesy of [www.stockcharts.com](. The fund has amassed $1.75 billion in assets under management and has an expense ratio of 0.95%. At the same time, Bitcoin (like any commodity) has a flip side. The value of Bitcoin is always subject to gyrations due to factors beyond the fund managers’ control, including interest rates, the status of the global economy and much more. So, it’s important to carefully consider the risks and potential returns before making any investment decisions. As always, I am happy to answer any of your questions about ETFs, so do not hesitate to [send me an email](mailto:askjim@successfuletfinvesting.com). You just may see your question answered in a future ETF Talk. [Where are the record-setting stocks going?]( Wondering if you should be bullish or bearish on Nvidia for the remainder of the week? Don't worry about "buying the news" or getting scared into selling when the A.I. can guide your way. In other words, be rational. The same A.I. that predicted the banking crisis, housing market crash and Covid crash recently forecasted 2 massively bullish moves for Nvidia. [Join me LIVE to learn how we're trading this ticker and 3 more with this A.I. forecast](. In case you missed it… Toxic Tarriff and Tax Talk Hey America, did you hear that sound? You know, the all-too-familiar sound of politicians planning to pick your pockets while telling you that they’re doing it all for you. Last week, the country was “treated” to some very toxic tariff and tax talk by the two candidates vying for the position of most powerful human on the planet. I say toxic because both promulgate falsehoods when it comes to economics, and both want you to believe that what they want to do isn’t what they are actually going to do. Let’s start with Vice President Kamala Harris, as her position on taxes is a bit more straightforward to understand in terms of its tried-and-true toxicity. Harris says she wants to raise the corporate income tax rate from the current 21 percent to a more perniciously high 28 percent. Her justification for this is to “ensure the wealthiest Americans and the largest corporations pay their fair share.” Aside from the cliché abuse she’s guilty of via the bromide “pay their fair share,” Harris’ proposed increase of the corporate tax would represent a big hit to non-wealthy Americans, who also happen to be corporate employees, consumers and investors. Here’s how the non-partisan think tank the [Tax Foundation assess the Harris proposed corporate tax hike consequences](: “A higher corporate tax rate would raise revenue; however, any revenue would come at a high price of lost economic output, investment and wage growth. For example, under a 28 percent corporate rate… we estimate that for every $1 of higher revenue on a conventional basis, GDP would fall by $1.84.” Here is a news flash for Harris and anyone who thinks higher taxes are good for America: They result in a net-negative for the economy. Now, as for former President Donald Trump, he is also proposing higher taxes, he’s just shrouding them in the deceptive cloak he calls tariffs. During the debate, Trump doubled down on the tariff pledge, threatening “substantial” new tariffs on other countries and claiming, “I took in billions and billions of dollars, as you know, from China.” No, Mr. Trump, I don’t know that. Yes, you “took in” billions of dollars from the tariffs, but it wasn’t from China -- it was from American companies, the actual entities that pay the tariffs. Here, once and for all, I want to make clear how tariffs work, because there is a grotesque misunderstanding about this issue that keeps being falsely promulgated by the Trump camp. And apparently, many people either do not know the truth, or they’ve just chosen to go along with the Trump spin on this issue. Tariffs are paid by U.S. companies. Full stop. In fact, there has never been a single penny sent from China to the U.S. Treasury as a result of a tariff on U.S. imports. When a tariff is placed on imported goods from China (or anywhere else) into the U.S., that tariff is paid by U.S.-registered firms directly to the U.S. Customs agency. Perhaps a better term to use, which is much more clarifying and much less subject to Orwellian language manipulation, is to call a tariff what it actually is -- and import tax on U.S. companies. Of course, U.S. companies don’t just treat import taxes as a static cost of doing business. Instead, like all forms of tax increases, these companies usually pass the costs on to their customers by raising their prices. Higher prices mean higher inflation, and higher inflation means more constrained and more restricted economic activity. And then there is the damage to investors, as these higher import taxes pressure corporate profits, and that throttles earnings per share growth, which hamstrings share prices. Finally, I must relate to you a personal anecdote regarding this subject, one that captured a lot of kudos from fellow members of the investment community. A few months ago, I attended an investor event at Mr. Trump’s Mar-a-Lago resort, in Palm Beach, Florida. I wrote about this event in The Deep Woods, which you can [read more about here](. At dinner that night, our group heard a speech from one of the architects of the Trump import tax, U.S. Trade Representative Robert Lighthizer. Lighthizer spoke for about 30 minutes, and most of his talk was aimed at dispelling what he called the “free-market myth” that tariffs hurt the economy. After citing some rather unconvincing examples, I became disenchanted, which impelled me to act during the Q&A period. It was then that I was handed the microphone, and asked Mr. Lighthizer the following question, which, of course, I already knew the answer to: “Can you please clear something up for me: Who, exactly, pays these tariffs? Is it the Chinese government, or is it the American company who has to write a check to the U.S. Customs agency?” Like any nimble politician, Lighthizer saw the dangerous waters he was about to wade into with my direct inquiry. So, rather than give me a direct answer, he pivoted and started talking about how tariffs don’t cause inflation and that this was one of the myths floating around the free-market worldview. After dinner, and much to my delight, I was approached by multiple colleagues who congratulated me on my direct question. You see, these are sophisticated, and in many cases free-market, libertarian-leaning investors, writers and businessmen who also know that tariffs are a form of taxation, and that they are not good for America. If former President Trump wants to regain office, I think he should consider doubling down on taxes by offering more of what he did in his signature achievement, The Tax Cuts and Jobs Act, which was a significant overhaul of the tax code that he signed into law in 2018. That very good piece of legislation included some of the biggest changes to the tax code in some three decades. We need more policies like this, and fewer import taxes. Tax cuts versus tax hikes. That’s the binary choice we should be facing in this election. Instead, we face a [Hobson’s choice]( of Trump’s import tax hikes versus Harris’ corporate tax hikes. In either case, America loses. Now, because I’m all about America winning, I can’t just leave you on that downbeat note. That’s why, today, I am thrilled to be able to tell you about my newest project, one that is designed to make Americans prosperous regardless of who wins this presidential election, or any election, for that matter. So, today, I am pleased to announce the upcoming debut of my newest trading service… [Jim Woods’ Crypto & Commodities Trader](. As its name implies, this new trading service is all about how to profit from two of the most exciting, and potentially most profitable, segments of the global economy today -- both of which are not directly correlated with the broad stock market. This soon-to-be-launched service will go live very soon, and in our first issues we will have several outstanding ways on offer for you to profit from the rise in Bitcoin, precious metals, industrial and agricultural commodities and even from companies whose existence represent great “picks and shovels” plays on the crypto and commodities space. And because it’s a trading service designed to achieve maximum alpha, we will also use instruments with leverage, including options and leveraged exchange-traded funds to supercharge our returns. If you would like to be among the first to find out more about this service, and get immediate access to my new special report: America’s Freedom Multiplier: How to Use Crypto & Commodities to Attain Financial Freedom, then all you have to do is [simply click here](. You will be sent to a no-obligation landing page so that you can download this report, compliments of your editor. Oh, and by the way, I am not shy about saying this is one of my favorite things I’ve ever written, as it lays out the importance of using all the beautiful tools at your disposal to help make you a freer, more prosperous American. Once again, to get your copy of my brand-new, free special report, America’s Freedom Multiplier: How to Use Crypto & Commodities to Attain Financial Freedom, and to put yourself on the “hotlist” to be among the first to know more about the new release of the Jim Woods’ Crypto & Commodities Trader, [simply click here](. Together, will make America, and your portfolio, flourish! ***************************************************************** U Can’t Hold No Groove  You can’t hold no grooveIf you ain’t got no pocket --Victor Wooten, “[U Can’t Hold No Groove]( Victor Wooten is one of the best bass players in the world. I had the honor of meeting him at the NAMM music convention earlier this year. A virtuoso player as well as a premier music educator, Wooten is in the pantheon of great musicians the way Tom Brady is in the pantheon of great quarterbacks and the way Muhammad Ali is in the pantheon of great boxers. Yes, he’s that good. In his song, “U Can’t Hold No Groove,” Wooten displays the kind of technical prowess you’d expect from a master. But he also infuses the piece with a subtle, yet powerful, mention about the importance of being “in the pocket.” This song got me thinking about the wider application of this thought in everything we do. You see, you can’t hold a groove in anything you do in life if you ain’t got no pocket. Translation: You can’t get things done if you don’t love the doing. So, whatever you do in life, love the doing! 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](mailto:askjim@successfuletfinvesting.com) to ask Jim. In the name of the best within us, [Jim Woods] Jim Woods Editor, Successful Investing & Bullseye Stock Trader About Jim Woods: [Jim Woods]Jim Woods has more than 25 years experience in the markets, as a stock broker, hedge fund money manager, author, speaker and independent analyst. Today Jim serves as editor and investment director of the long-running newsletters [Successful Investing](, [Bullseye Stock Trader]( and a new Live Coaching service offered exclusively to his readers. His articles have appeared on many leading financial websites, including StockInvestor.com, InvestorPlace.com, Main Street Investor, MarketWatch, Street Authority, and many others. About Us: Eagle Financial Publications is located in Rosslyn, VA. – Blocks from the Capitol. Our products have been helping investors build their wealth for several decades. Whether you’re a long-term investor or short-term trader, you’ll find the right strategy for you, including how to earn more steady income to spend now, preserve and grow your capital to enjoy later, and whatever other investment goals you have. Visit Our Websites: - [StockInvestor.com]( - [DividendInvestor.com]( - [DayTradeSPY.com]( - [CoveredCall]( - [MarkSkousen.com]( - [GilderReport.com]( - [BryanPerryInvesting.com]( - [JimWoodsInvesting.com]( - [InvestmentHouse.com]( - [RetirementWatch.com]( - [SeniorResource.com]( - [GenerationalWealthStrategies.com]( - [[YouTube] Visit our YouTube Channel - Eagle Investing Network]( To ensure future delivery of Eagle Financial Publications emails please add financial@info2.eaglefinancialpublications.com to your address book or contact list. This email was sent to {EMAIL} because you are subscribed to The Deep Woods. To unsubscribe from this list please click [here](. To stop receiving emails simply click [here](. If you have questions, please send them to [Customer Service](mailto:customerservice@eaglefinancialpublications.com). View this email in your [web browser](. Legal Disclaimer: Any and all communications from Eagle Products, LLC. employees should not be considered advice on finances. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized advice on finances. Salem Media Group - Eagle Financial Publications | 1735 N Lynn St, Suite 500, Arlington, VA 22209-2016 [Link](