The Surprising New “Safe Haven” Asset

As banks failed, investors bought this... [TradeSmith Daily]( The Surprising New “Safe Haven” Asset After the failures of Silicon Valley Bank and Signature Bank, our friends at LikeFolio made a stunning discovery. And with threats like a potential recession, a Fed-triggered market crash, and a Washington debt crisis all around us, it’s a discovery you may be putting to use sooner than you think. Let’s start with the banking crisis. The LikeFolio team found, through their proprietary social media data, a sharp uptick in mentions of bank withdrawals: Mentions were up 82% on a year-over-year (YoY) basis, to be exact. RECOMMENDED LINK [New A.I. Does THIS 212X Faster Than Humans]( When people heard one A.I. lawyer was competing against a team of the most brilliant NDA-review lawyers in the country, most people probably laughed it off as a marketing stunt. But then, when the A.I. scored nearly a perfect score every single round AND did it 212X faster than the average lawyer... It left everyone stunned. And now we’re seeing this kind of technology make its way to you and your retirement. With the brand-new system we reveal in [this short presentation...]( Results like these examples from the recent market are possible... And starting today, you can have the chance to experience these results too. [Click here now to see why]( After such an unnerving event, this is hardly unexpected. But you might be surprised by where folks were putting those withdrawals. They weren’t using money-market funds or U.S. Treasuries as their “flight-to-quality” target. Now, they did turn to gold as a safe-haven asset: Buyers bid the yellow metal from $1,827 an ounce on March 1 to $1,969 by the end of the month – a 7.7% jump in just a few weeks. But another asset – a newer one that’s still part of the “Wild West” of investing – saw an even bigger price surge during that same stretch. We’re talking about the cryptocurrency Ethereum (ETH), which jumped 13.4% during the month of March. That brings us back to LikeFolio and their proprietary data. Consumers who mentioned buying or considering buying Ethereum soared a stunning 284% year-over-year (YoY): As the chart above shows, Ethereum mentions started to climb at the start of the year. But they went vertical in March – just as banks started their collapse. This seems counterintuitive. On the continuum of risk, bank deposits – cash – are traditionally viewed as one of the safest things around. At the other end of the spectrum, you’ve got cryptos – one of the newest financial assets and, thanks to the whipsawing volatility, one of the riskiest. And yet, once banks began to topple, investors yanked their deposits and used the proceeds to buy Ethereum. Talk about a turn of events. It seems like this is a “bizarro” investing world... Or is it? RECOMMENDED LINK [Top market research firm: “A Gold Storm is Coming”]( Some of the richest men in the world are jumping in right now. One firm says: “We are in the early stages of a mania – the calm before the storm.” [Click Here]( Crypto’s Promise The crypto industry is by no means perfect, as evidenced by its various scams and epic collapses, like when Sam Bankman-Fried’s FTX exchange “lost” $8.9 billion in customer funds. When an establishment is being disrupted — especially the financial system, which has operated much the same way for hundreds of years and is slow to adapt to new technologies — you’re going to have a few flops. But you’re also going to have some winners, and at its core, the underlying technology of cryptocurrencies helps provide things the banking sector does not: - Decentralization - Accessibility - Security - Transparency As with any financial investment, you never want to invest in what you don’t understand, and you don’t want to get in over your head. Cryptos have earned a reputation for being volatile for a reason. But when you think about the flaws in the traditional financial system — banking failures, currency manipulation, and the overprinting of money — it’s easy to understand why many folks are starting to see crypto as a hedge against “bad financial behavior” by banks and policymakers. Enjoy your Monday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith Time to Adapt Change is difficult. Especially when it comes to investing. Until the 2020 market crash, most people got comfortable just buying any stock and watching it go up. But we are in a completely different ball game now. This is a stock picker’s market, and like you just saw with LikeFolio’s data, you need an edge to find the winners and keep the wannabes on the sidelines. You need a nimbler strategy to keep up with the fast-paced world we’re living in, one that allows you to adapt to the mood swings of the market and actually use them to your advantage. A strategy where you can get paid right now instead of waiting months or even years for a profit that may never come. We’ve fine-tuned one such strategy here at TradeSmith. And once you discover the freedom and control you gain with this new way to trade, you may never return to your old ways again. [Learn how to level up your investing approach before the markets close today](. [Download now on the Apple Store]( [Get It On Google Play]( More Investable Information at Your Fingertips [TradeSmith’s 2023 Guide to Beating Inflation]( [Bitcoin Is Far from Dead (Here’s Proof)]( [This Could Be the Amazon of Gene-Editing Stocks]( [Electric Vehicles Passed This 5% Tipping Point – Here Are 2 Investments to Make]( [Customer Support: 866.385.2076](tel:+866-385-2076) | support@tradesmith.com [Mailbag Questions](mailto:Keith@TradeSmithDaily.com) ©TradeSmith, LLC. All Rights Reserved. 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