It’s a new record. And it’s no coincidence…
It’s the result of same phenomenon that caused the U.S. stock market to grow six times faster than the real economy since the 2008 financial crisis.
This phenomenon is also behind today’s inflation crisis… as well as the wild spikes in parts of the stock, crypto, housing, and commodities markets.
It’s down to what former Wall Street insider Nomi Prims calls “conjured money” – the torrent of stimulus governments and their central banks have unleashed on the economy over the past decade.
This includes the $5.8 trillion in stimulus from Washington… and another $4.8 from the Fed… since the pandemic began.
The distortions all this stimulus has caused can be hard to navigate. But Nomi has pinpointed five sectors this stimulus money is gushing into… sectors she says have the potential to 10x your money.
And as I (Chris Lowe) will show you today, her top recommendation right now is something she calls the “oil of the 21st century.”
First, an introduction…
If you’ve been with us for some time, you’ll be familiar with our tech expert, Jeff Brown… our ace speculator and commodities industry insider, Dave Forest… and our crypto investing expert, Teeka Tiwari.
They’ve already given their paid-up subscribers the chance to really move the needle on their wealth.
For instance, Jeff’s top tech stock recommendation is up 704%… Dave’s top recommendation at our Strategic Trader advisory is up 1,526%… and Teeka’s top crypto recommendation is up 87,872%.
Those are the kinds of returns most hedge fund managers can only dream of. But here at Legacy, we haven’t been resting on our laurels…
We’ve been hunting for someone to help you further level the playing field between you and Wall Street.
Someone who can help us spot big-picture trends in the markets that our readers can profit from.
And that search brought us to Nomi.
As a child, she was a math whiz. This led to her first job on Wall Street as an analyst for Chase Manhattan Bank.
She went on to run the international analytics group as a senior managing director at Bear Stearns in London.
She also worked as a strategist at Lehman Brothers and a managing director at Goldman Sachs.
But after the 9/11 attacks, she left her seven-figure salary and set out to demystify money for regular investors.
Since then, she’s become a leading authority on the distortions central bank stimulus causes… and how they affect our daily lives.
She’s written two books on the influence central bankers have on our lives – All the President’s Bankers and Collusion: How Central Bankers Rigged the World.
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Nomi with her 2018 book Collusion
And she’s spoken at the Fed, the International Monetary Fund, and the World Bank on how to get banks to better serve the economy.
That’s despite the Fed’s recent interest rate hike of a quarter point (from 0.25% to 0.5%)… and its talk about raising rates even more. Nomi…
I used to think that, at some point, central banks would fail to deliver the bounty of cheap money the markets craved. I believed the markets and the economy would suffer epically as a result.
I don’t believe this anymore. Central banks’ behavior during the pandemic made it clear. When markets drop, there will always be a conjured-money cushion from which markets can spring back higher.
Now, we’re not saying this is good. Nomi says central banks’ monetary experiments have distorted the markets and the real economy – permanently.
Markets behave based on the money flowing from central banks, while real economies get only a small portion.
That presents negatives. For instance, the rich – who own most of the world’s financial assets – get richer. This leaves most folks behind.
But it also presents opportunities.
Nomi talked about it at our Legacy Investment Summit last week at the Mandarin Oriental hotel in Washington, D.C.
She’s identified key sectors that will surge as all that cheap money floods in.
And two of the sectors she’s most excited about right now are what she calls “New Energy” and Infrastructure. Here she is with more…
We’re moving away from carbon-producing energy sources to renewables. Whether we’re turning to solar, wind, or hydro power… or making carbon-based fuels activity cleaner… it’s all part of the New Energy trend.
The companies involved will get massive funding from Wall Street, retail investors, private companies, and governments.
Meanwhile, governments and private companies worldwide are investing more than ever in anything to do with infrastructure. That’s not just roads and bridges. We’re also building more efficient power grids and faster digital communications networks, such as 5G.
We mainly use copper in wiring. It’s one of the best conductors of electricity.
So we need lots of the red metal for the New Energy and Infrastructure megatrends. Back to Nomi…
The world has run on oil for the last century. But the 21st century will run on copper. By the end of the decade, every major part of the economy will need this metal.
It’s already part of personal electronics and construction. Now, copper demand in energy and transportation is growing.
It takes four to six times more copper to power wind and solar plants than what conventional power plants need. EVs, meanwhile, use three times more copper than internal combustion engine vehicles. And with countries around the world pushing for a cleaner future, the EV market is set to explode.
Consider picking up some exposure to copper through the United States Copper Index Fund (CPER). It’s an exchange-traded fund (ETF) that tracks the price of the metal.
It’s up 12% over the past 12 months. But Nomi expects even bigger gains ahead as the New Energy and Infrastructure megatrends take off.
Until tomorrow,
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Chris Lowe
April 6, 2022
P.S. Nomi says we’re on the brink of the greatest wealth transfer in the history of America. It’s a $150 trillion shift she calls “The Great Distortion.”
And Americans who see what’s coming could multiply their retirement nest eggs 10x with a few key U.S. investments she’s identified.
She’s put together a special briefing all about this $150 trillion wealth transfer. To watch it, follow this link.