What 'Today's Toddler' Can Do to Survive

More debate about the 'American Rescue Plan'... What to do with your stimulus check – especially if you don't need it... Get your house in order... Looking at 'free money' through a different pair of glasses... What 'today's toddler' can do to survive... [Stansberry Research Logo] Delivering World-Class Financial Research Since 1999 [Stansberry Digest] Editors Note: We hope you have been enjoying your subscription to our free daily e-letter, The Stansberry Digest. [Click here]( if you would like to unsubscribe from The Stansberry Digest. --------------------------------------------------------------- More debate about the 'American Rescue Plan'... What to do with your stimulus check – especially if you don't need it... Get your house in order... Looking at 'free money' through a different pair of glasses... What 'today's toddler' can do to survive... --------------------------------------------------------------- We're still talking about the ['American Rescue Plan'](... And we're doing it in three different ways today... One, we'll address the idea of stimulus checks and what to do with them. Two, we'll discuss what the American Rescue Plan likely means for the economy and the U.S. stock market over the short and long runs... And three, at the end of today's Digest, we'll continue to share more of your feedback... which we started to do last Thursday and Friday. The messages are still coming in... After all, there is plenty to say... A few days ago, I was talking to the leader of a small insurance business. And it wasn't long before the topic came up... This person employs a handful of people – all of whom are getting stimulus checks and none of whom had a direct financial hardship from COVID-19. Of course, they're thrilled. We know this is a common story. But this is our most critical point... It's not that everything in the $1.9 trillion bill is unnecessary or unhelpful for people who need it. We know a lot of people and businesses could use the help. (To this point, [click here]( to find out if you are eligible and when you can expect the stimulus check.) Our feathers are simply most ruffled at the idea that a lot of money – similar to plenty of government spending before this bill – will go to people or things that don't need it and will still spend it as they wish. (And that is anyone's right... that much we can agree on.) We get the picture that we're not alone here in concern... Based on your feedback, this sentiment is common... even from a lot of people who are actually getting another round of "free money" from the U.S. Treasury. There is something uneasy about the precedent being set here, too... We know things that are "temporary" – like the idea of rescuing America, in this case, with more direct payments – tend to become permanent over time, as financial-newsletter seasoned veteran Bill Bonner wrote in his excellent [Diary e-letter earlier today](... No, there's no example in history where money-printing has proven successful at creating sustained, real economic growth and prosperity. No, there's no way to stop the money-printing. Households, businesses, and the government now rely on it. No, there's no painless way to return to normal interest rates and normal fiscal/monetary policies. No, there's no plausible reason to think that this won't end in disaster, just like every other episode of runaway money-printing in history. That's the big picture. But like it or not, we also can't ignore the short-term reality... As crazy as this stuff seems, it is happening today... For one, the free money is supposed to go to roughly 160 million U.S. households in this round. These folks will have more money than they did before, and they will either spend it or save it... To think that won't have a direct impact on the economy in the short term would be unwise. As we've said before, 70% of the U.S. economy comes from consumer spending. As our friend Enrique Abeyta at our corporate affiliate Empire Financial Research [pointed out today]( $1.2 trillion will hit the economy by the end of September. That's 5% of U.S. gross domestic product ("GDP")... And already, the Atlanta Fed's GDP growth estimate for the first quarter of 2021 is 8.4%. Secondly, based on your e-mails to us over the past few days, one practical matter keeps popping up that we want to address... It seems many of our subscribers don't need a stimulus check, but they're getting one anyway. Here's paid-up subscriber Sherwood B., for example... I am 85. I received the earlier check and invested it. My actual living costs have gone down as I was coerced to quit driving anywhere and quit eating out and going to movies. I will get another check soon and will invest it! IE, I don't really NEED either check. The money should go to small- to mid-size businesses forced to close. BUT even then, this bill is WAY too heavy on BS not related to the Pandemic. My kid's kids will pay for this! So we want to pose a question, and not in jest... What should you do with your stimulus (or "stimmy") check, including if you don't necessarily need it? (That's a sentence we almost never thought we'd type.) First off, we'll take the opportunity to say this one more time... Make sure 'your financial house is in order'... This is timeless advice that our Director of Research Austin Root loves to share. If you're gifted $1,400 or more from Uncle Sam or anybody else, our first suggestion if you are serious about taking control of your finances, today or anytime, is to make sure the basics are covered... As Austin wrote [in the July 2020 edition of our Stansberry Portfolio Solutions products]( this guidance may seem repetitive for longtime readers. But even if he stressed this point every month, he says it may not be enough... Investing in risky assets like stocks and corporate bonds should never be the first step you take in building wealth and establishing financial freedom. It should be one of the last. All investors – and I mean all – must go through these mission-critical preparatory steps first... These "mission-critical preparatory steps" include defining your investment goals (do you want to get wealthy, stay wealthy, or generate steady current income?), know your time horizon, understand your risk tolerance, and "clean up your personal balance sheet." Most people need to do that last thing the most, Austin says... This might be the most important prerequisite to investing. And yet countless folks with student loans and credit-card debts are avoiding it. In short, before you put real money into any stock or bond, you must first pay off your high-cost debt. Given where markets and prevailing interest rates are today, I suggest you use this rule of thumb... List any and all debts you owe that carry an annual interest rate of 6% or more. First, look to consolidate and refinance these debts to a rate below that threshold – rates for residential mortgages and home-equity loans have never been lower. But for those debts you cannot refinance, pay them off before buying even that "slice" of Apple on your Robinhood trading app. Don't skip over this part. Once you have that covered... You could make any number of stock, corporate bond, gold, or bitcoin investments... depending on your goals, investing timeline, and level of risk tolerance that you've defined. These are the more traditional ideas that our editors share every day in our newsletters – like our flagship Stansberry's Investment Advisory and the Portfolio Solutions products that Austin manages. But how's this for a different idea? We're about to take a hard left-hand turn... In response to Thursday's Digest, we received this e-mail from paid-up subscriber Mike S. He has decided to give his $1,400 check away and is urging others to consider the same... I read your posts from some of your readers about their thoughts on the "American Rescue Plan" and noticed one common feature of many of them, and that's that our government is sending checks to many of us who don't need it. I was concerned about that in the first round of checks mailed last year, and again with this round of government checks being issued to many citizens who are not in need of it. Therefore, I've started a Facebook page entitled the "American Rescue CHALLENGE" and am inviting my friends, family, and acquaintances to donate the amount of their government-issued funds to their favorite charities. I'd like to challenge you and your readers as well. The reason for the Facebook page (American Rescue Challenge) is so that participants can post which charitable organizations their funds went to (bragging rights). Thanks again for your article. It was informative, and inspiring! This idea was an unintended consequence of our essay... but a welcome one. And if you ask us, it's a reflection of widespread sentiment about this bill. It might not be the top choice for everyone (paying taxes is up there, too, from what we've seen), but we won't argue with donating money to good charities. And it turns out Mike wasn't the only Digest reader thinking of it... Jeffrey C., a Stansberry Alliance partner, had a similar thought in response to our essay... One friend of mine got a stimulus check who in my opinion didn't need it. He's debt free, retired and owns a lot of real estate and a significant portfolio of stocks. Kind of made me mad. So, yes, there is waste in the system. But we also live in times where I see need all around me. The reasons for this need are varied and numerous. I don't have solutions or even suggestions at this point. I am overwhelmed. What I am doing is giving to the homeless charities in my area. It's a big problem. I will be getting $190 in stimmy and that's where it will go. I am reading and trying to think for myself. Stansberry's help is much appreciated. Both intellectually and financially. I have been reading and learning MMT [Modern Monetary Theory], because it is the approach our leadership is taking. It scares me. It's all a bit too much. With the help of your team, I am adjusting my portfolio accordingly. I feel super fortunate in my life right now. My past decisions, including becoming an Alliance member, living within my means, and yes thinking for myself seem like a "well duh"! You said you like hearing from us and reading what we say. So this was a bit long. In response to a long Digest. LOL. First off, we're thrilled that your Alliance membership has paid off for you, Jeffrey. We're happy to hear we've helped at least in a little way in your financial independence. Secondly, yes, these recent Digests have been on the longer end – and again today, I admit. But you all have a lot to say and great perspective to bring to the table. As you'll see here... Paid-up subscriber Dave M. challenged folks to look through a different pair of 'glasses'... Here's what he said about the American Rescue Plan... The glasses that rest on my face to view this world were all that I wanted from my wife's Grandfather. I had to change the lenses to fit my prescription. He was a B-17 pilot in WWII. Flew 25 missions (average was three & dead). The day he left on his 25th mission they moved the goalpost to 28 before you could go home. Shot down on mission #25, Easter Sunday... Eighteen months in [a] concentration camp, where the most important thing in his life at that time was to fight his fellow prisoners for two to three squares of toilet paper that the guards would lob in so he could write down and describe his and fellow prisoners' treatment. The man survived to the age of 99. Worked an eight-hour day in his small newspaper business until the age of 97. Wrote a book on his war episodes. Never took social security benefits and used his VA benefits less than five times, as both those programs were for those worse off than him. I'm sure that if he were to have received a check for $1,400.00 from the Commander in Chief he would have sacrificed it and invested it in the next generation. Being that the next generation is already $84,000/citizen in debt can you please explain the path that today's toddler must take to make this $1,400 stimulus check pay off his debt load prior to becoming a [financially] responsible adult. Onward we go. Wow, Dave. Thank you to your wife's late grandfather for his service... Sacrifice is selfless. And thank you for your wisdom, which is practical and big-picture all at the same time. We're not totally sure if you were looking for specific ideas to your last point about "today's toddler" paying off his debt load before adulthood. But your words challenged us to think about it anyway... Unfortunately, we fear the $84,000 per U.S. citizen in debt will assuredly grow as today's toddlers become, say, 18-year-olds. But we must start somewhere to follow this point, so here it goes... How can you turn $1,400 into $84,000 in 18 years? That would be a 5,900% gain, or 327% per year, with no compounding. The odds are against most asset classes to produce those types of returns for nearly two decades... With the magic of compound interest though, things get a little more realistic. Of course, with the way our government has decided to do things today, interest might feel like a relic of the past. The Federal Reserve has already said that it won't raise interest rates until maybe next year at the earliest... And central banks around the world are singing the same tune. They keep buying massive amounts of bonds, keeping yields low. Today, investors looking for yield that can compound over the long run are not getting a significant return to put money to work in most places. So what's a toddler to do? Based on the universes that our editors cover, the best bet we see is to go "outside the system" that is letting a lot of people down today... And that leads us to the world of cryptocurrencies – a place you don't want to travel alone. Elements of the 'old' system are new again... We've written before how certain cryptocurrency "coins" – called stablecoins, pegged one-to-one to the U.S. dollar – can generate about 8% in annual interest. You know, the type of interest that you used to be able to get for your savings in a federally-regulated bank. It's part of the "DeFi," or decentralized finance movement that Crypto Capital editor Eric Wade has written about as [the real crypto boom to watch in 2021](. And it's a part of the crypto world that a lot of folks don't quite understand just yet. This comes to mind again today. Let's start here... One of our favorite exercises is to play with a "compound interest calculator" that can tell you how much you could make by earning consistent interest on investments. Ironically, [this calculator]( is from a government website. Here's an example... If you invested $1,400 in a stablecoin yielding 8% annually – even compounding monthly, which they do – in 18 years, your investment would be about $5,000... Now, that's well short of our $84,000 goal. But – and this is a big but – if your financial house is in order as Austin says... if your debts, except for maybe a mortgage, are largely paid off... if you feel comfortable taking the risk... and maybe most important, if you are spending less than you make and still have money left over... it's possible... If you invested $1,400 in an 8%-yielding stablecoin and were able to save regular amounts of money each month to put toward today's toddler's future, you can get there... By investing $165 per month (admittedly a large amount for some people, but not as large for others) in an investment with an 8% yield, compounding monthly, for 18 years... the toddler's nest-egg would grow to $85,095.02 by the end. Now, I am not suggesting you go out and do this blindly today... If it sounds interesting to you and you are an Alliance member or existing Crypto Capital subscriber, be sure to give Eric's service a look. He walks folks through, in great detail, what these stablecoins actually are... the risks involved... and how you can buy them. (And if you're not already a subscriber, you can learn more about Crypto Capital [right here]( That brings us back to our main point... Of course, anyone who did this would also be part of widening the "wealth gap" between the haves and the have-nots, between those today who have this kind of knowledge and those who don't... or at least, don't take advantage of it. As we said in Thursday's Digest, if everyone were playing the same game, we would be a lot better off. Specifically, the more people who have a basic financial education – not necessarily government-created money in their pockets – the better. Because what is the true value of free money if people don't spend it wisely? Not much... It's just more of the same, done a different and more expensive way that ultimately costs everybody down the road. Of course, judging from your feedback – good and bad – on the American Rescue Plan, if you're reading today's Digest, we presume we're largely preaching to the choir... You decided to invest in yourself and take control of your finances – either long ago or more recently. That's the best move of all. You don't even need to sacrifice much to do it. And as Dave said earlier... Onward we go. The Founder of 'WallStreetBets' The reverberations of trades in a single heavily shorted stock – GameStop (GME) – are still being felt on Wall Street... and in Washington, D.C., where lawmakers are debating if the story indicated an underlying threat that could collapse an entire system. The crosshairs are on individual investors – like the ones on the now-famous "WallStreetBets" message board – that pushed the wild price swings in shares of GameStop and other previously left-for-dead stocks. But do individual traders really wield too much power... or is it the other way around? As the drama about the story unfolds on Capitol Hill, WallStreetBets founder Jaime Rogozinski joined American Consequences publisher Trish Regan to examine the roots of the controversy in a brand-new podcast... [Click here]( to listen to the entire podcast now. And you can find much more from Trish, P.J. O'Rourke, and more every day over at [AmericanConsequences.com](. --------------------------------------------------------------- Recommended Links: [Are you prepared for a 2021 Melt Down?]( If you don't have an exit plan for stocks, think about what a 50% hit to your portfolio would mean... Would you have to delay retirement by 10 years? Downsize your home? Tell your grandkids you can't pay for their college? Dr. Sjuggerud says that could be the case for most people who don't [take this ONE simple step today](... --------------------------------------------------------------- [Get Rich Off This Crypto? (Hint: NOT Bitcoin)]( There's one crypto investment that a top expert recommends you get into first – and it's NOT bitcoin. He projects 5 times gains and calls it an "unstoppable computer" that has already made a $100 million fortune for its founder. Early investors could make a small fortune... but the window is closing soon. [He explains everything, right here](. --------------------------------------------------------------- New 52-week highs (as of 3/12/21): American Financial (AFG), Altius Minerals (ALS.TO), AutoZone (AZO), Concrete Pumping Holdings (BBCP), Blackstone Mortgage Trust (BXMT), CBRE Group (CBRE), Colony Capital (CLNY), Cubic (CUB), Dropbox (DBX), Dow (DOW), Enstar (ESGR), Eagle Materials (EXP), Expeditors International of Washington (EXPD), JPMorgan Chase (JPM), SPDR S&P Regional Banking Fund (KRE), LGI Homes (LGIH), Cheniere Energy (LNG), Markel (MKL), MakeMyTrip (MMYT), Altria (MO), MasTec (MTZ), Annaly Capital (NLY), Oshkosh (OSK), Flutter Entertainment (PDYPY), Invesco High Yield Equity Dividend Achievers Fund (PEY), VanEck Vectors Russia Fund (RSX), Sprott (SII), ProShares Ultra S&P 500 Fund (SSO), Suncor Energy (SU), Trip.com (TCOM), Texas Pacific Land Trust (TPL), Travelers (TRV), Valmont Industries (VMI), Vanguard S&P 500 Fund (VOO), and W.R. Berkley (WRB). In today's mailbag, more of your thoughts on the "American Rescue Plan." What say you? Send your comments and questions, as always, to feedback@stansberryresearch.com. "It is astonishing that both senators from my home state of Arizona voted for this legislation. Mark Kelly is a former astronaut and pretty respectful person. It doesn't look like he is the second coming of John Glenn though. "When the Republicans had a majority four years ago they passed tax reform which created a wider deficit in the face of wildly out of control debt. Now that the Democrats are in charge they are doing the same with their priorities and the debut is much, much more out of control. In either case, both parties seem to be not mindful of the ever increasing debt. No one knows how this debt will ever be paid – I don't believe anyone thinks it will be. "So, I don't think anyone knows how we get out of this mess, it seems like we are just squandering years of hard work by the American people (the hard work that enabled us to be able to create all this debt) to maintain and distribute a standard of living that isn't being produced by the normal means of production anymore. It probably takes a very painful crisis to someday start over with a more normal lifestyle of hard work, creativity and saving money." – Paid-up subscriber Bill A. "What do you think of the 'American Rescue Plan'? This is a great question because I was already looking at things in October of 2019. I just didn't feel like things were headed in the right direction then. Since then, I have been buying mostly hard assets. I started buying gold again and have continued on a monthly basis. I started looking at buying farmland. I made a couple of tries and along came COVID. Instead, I bought another house and paid cash. I have been uncomfortable with financing because of all of the Fed manipulation of the buck. Obviously, it has gotten much worse. "I even did something I never planned on doing. I started buying bitcoin. The idea of owning an asset that the government won't mess with is very appealing. I have been moving out of the bond market because of the diminishing value of the buck. Long term interest rates are making even more motivated to exit that market. "I continue to trade options because they are almost always short-term positions. My stock portfolio has always been filled with high quality stocks that pay dividends. Truth be told I have done well thanks to Stansberry Alliance. It was money well spent. Thanks so much to all of you." – Stansberry Alliance member Jeff S. "In 1959 when I was a high school senior in Orange County, California, I made this comment to friends... 'The biggest difference between the political parties that I can see is that the Republicans want to drive us over the cliff to socialism at 25 miles per hour and the Democrats want to do the same at 50 miles per hour.' "Talking with a friend recently, I updated that statement... 'the Republicans want to drive us over the cliff to Socialism at 40 miles per hour and the Democrats want to do the same at warp speed.' All of this is an effort to prepare the people for Universal Basic Income." – Paid-up subscriber Mike R. "Republicans had no problem passing Trump's tax cut. Trump doubled the deficit with one bill. Republicans think it is OK to give help to wealthy Americans who own 40% of the wealth. "What is wrong with helping people who are unemployed through no fault of their own? There is nothing wrong with helping families pay for childcare (the costs are exorbitant). What is wrong in helping people pay for healthcare insurance? "Conservatives seem to have forgotten people do two things with money – spend it or save it. Both of these are good for the economy. The previous 'COVID-19 relief bills' obviously did nothing to stimulate the economy nor control the virus. At least Pres. Biden is doing something. I hope you print this as a contrast to all of the 'conservative' viewpoints." – Paid-up subscriber Wendy W. "Corey: I want to make one comment after reading [Thursday's] Digest. It has to do with tax cuts for Corporations. I am not making a comment on tax cuts for wealthy individuals. "The tax cut for corporations reduced the maximum corporate tax rate from 35% to 21%. I believe 35% was the highest in the world at the time, it usually was a contest between the U.S. and Japan for the highest rate. Most of the rest of the world has a rate of 15% or less. This made the U.S. uncompetitive and was a factor in business (and jobs) locating in other countries. "Here is an example... Suppose you are on the interstate and you are almost out of gas. You definitely have to get off at the next exit and get gas. There are two stations, one selling gas for $3.50 a gallon and the other one $1.50. Which one will you go to? If we assume they both sell quality gas, the choice is obvious. "Well that was the tax situation the U.S. was in. On $10 of profit, the U.S was charging tax of $3.50 and the rest of the world was charging $1.50. "Some people need the money, but it went to everyone. I think of the video that first introduced me to Stansberry, "The End of America." I don't know if it is still available, but the video outlined the history of socialism in Argentina. In short, in 1895 and 1896, Argentina had the highest per capita income in the world. In 1916, Argentina elected their first Socialist and now per capita income has fallen to close to 60th." – Stansberry Alliance member Bill M. "I am certain the overwhelming majority of Americans support a relief package that sends direct stimulus checks to lower income Americans, relief to hard hit small businesses, and aid to other institutions hit hard by our response to COVID-19. In fact, most of us support more than $1,400 being given to the poorest among us. The problem is not with the stimulus checks or the aid being given to individuals and businesses in need. The last time I looked at the Democrats' rescue plan, these direct payments and other direct COVID-19 relief totaled somewhere between 600 and 800 BILLION dollars... This leaves between 1.1 and 1.3 TRILLION dollars unaccounted for! COME ON! "People are not opposed to helping those affected by our response to COVID-19. They are opposed to extravagantly spending twice as much on OTHER things, some of which do not need to be spent until 2024 and beyond! "How much should an individual receive? It's pretty hard to assess another person's personal finances. It is, after all, PERSONAL! Therefore, a one-size-fits-all solution will never be fair. My wife and I (no kids) live in rural Colorado with an income of $80,000. We will have received checks for $2,400, $1,200, and $2,800. We LOVE getting these checks! But do we actually need them? No! But we have been able to help our poor adult children, and with this latest check we will purchase cryptocurrencies! However, there is no way that I can know if a family of four living in California with an income of $160,000 needs the checks or not. "The problem with extravagantly spending more than is necessary for COVID-19 relief, and not wisely targeting the stimulus money... is the staggering cost. Most of us have never tried to grasp the amount of money involved. How much is 1.9 TRILLION dollars? In order [for a person] to amass this much money, over 80 MILLION dollars would have to be set aside EVERY DAY for 65 years! Should not every American think long and hard about this, rather than just glibly calling the 1.9 TRILLION dollar expenditure a compassionate necessity?" – Paid-up subscriber Jim W. "Does any person with any common sense really think the United States of America will ever pay off or pay down the National Debt! According to the U.S. Debt Clock, the 'US Unfunded Liabilities' is $159 Trillion, or only $483,697 per CITIZEN. Every time I hear a politician say [we're] giving debt to our children and grandchildren to pay off, [it] has got to be one of the biggest lies out there. "How Much is a trillion dollars? $1 every second of every day, $60 a minute, $3,600 every hour = $31,536,000 every year. It would only take 31.71 years to get a BILLON Dollars. And it would take another 31,696.08 (yes, 31 Thousand) YEARS to get to a TRILLION." – Paid-up subscriber Roy P. All the best, Corey McLaughlin Baltimore, Maryland March 15, 2021 --------------------------------------------------------------- Stansberry Research Top 10 Open Recommendations Top 10 highest-returning open positions across all Stansberry Research portfolios Stock Buy Date Return Publication Analyst BTC/USD Bitcoin 11/27/18 1,425.7% Crypto Capital Wade ETH/USD Ethereum 12/07/18 1,300.1% Crypto Capital Wade POLY/USD Polymath 05/19/20 1,108.6% Crypto Capital Wade ONE/USD Harmony 12/16/19 1,032.3% Crypto Capital Wade CVC/USD Civic 01/21/20 967.1% Crypto Capital Wade BNB/USD Binance Coin 09/17/19 852.1% Crypto Capital Wade MSFT Microsoft 11/11/10 828.5% Retirement Millionaire Doc DSLA/USD DSLA Protocol 12/15/20 823.6% Crypto Capital Wade SI Silvergate Capital 01/31/20 778.3% American Moonshots Root MSFT Microsoft 02/10/12 710.2% Stansberry's Investment Advisory Porter Please note: Securities appearing in the Top 10 are not necessarily recommended buys at current prices. The list reflects the best-performing positions currently in the model portfolio of any Stansberry Research publication. The buy date reflects when the editor recommended the investment in the listed publication, and the return shows its performance since that date. To learn if a security is still a recommended buy today, you must be a subscriber to that publication and refer to the most recent portfolio. --------------------------------------------------------------- Top 10 Totals 7 Crypto Capital Wade 1 Retirement Millionaire Doc 1 American Moonshots Root 1 Stansberry's Investment Advisory Porter --------------------------------------------------------------- Stansberry Research Hall of Fame Top 10 all-time, highest-returning closed positions across all Stansberry portfolios Investment Symbol Duration Gain Publication Analyst Band Protocol crypto 0.32 years 1,169% Crypto Capital Wade Terra crypto 0.41 years 1,164% Crypto Capital Wade Inovio Pharma.^ INO 1.01 years 1,139% Venture Tech. Lashmet Seabridge Gold^ SA 4.20 years 995% Sjug Conf. Sjuggerud Frontier crypto 0.08 years 978% Crypto Capital Wade Nvidia^ NVDA 4.12 years 777% Venture Tech. Lashmet Rite Aid 8.5% bond 4.97 years 773% True Income Williams PNC Warrants PNC-WS 6.16 years 709% True Wealth Sys. Sjuggerud Maxar Technologies^ MAXR 1.90 years 691% Venture Tech. Lashmet Constellation Brands STZ 5.45 years 631% Extreme Value Ferris ^ These gains occurred with a partial position in the respective stocks. You have received this e-mail as part of your subscription to Stansberry Digest. If you no longer want to receive e-mails from Stansberry Digest [click here](. Published by Stansberry Research. You’re receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberrycustomerservice.com. Please note: The law prohibits us from giving personalized investment advice. © 2021 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 or [www.stansberryresearch.com](. Any brokers mentioned constitute a partial list of available brokers and is for your information only. Stansberry Research does not recommend or endorse any brokers, dealers, or investment advisors. Stansberry Research forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Stansberry Research (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation. 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