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Dear Readers,

Bitcoin hit an all-time high this week. I am sure you don’t need me to tell you as it has been front page news everywhere since it happened.
Source – Australian Broadcasting Corporation.

Cue the usual insane and emotion fueled rhetoric we always seem to get bombarded with when similar news breaks.

It looks like, once again, I will need the lens of the 18.6-year Real Estate Cycle to cut through the heavy propaganda surrounding this.

What’s the real truth here?  What is it that everyone is missing from this story?

Because, believe me, this story is as old as time.

Even amongst Bitcoin’s biggest supporters, the story behind how we got here is rather mixed. When any asset hits all-time highs, the path of least resistance is up.

Is this your last chance to get in before it truly blows? Or have the public at large walked straight into a trap? Let’s find out.

Land of confusion.

PSE Director Phil Anderson’s seminal work, The Secret Life of Real Estate and Banking, provides the ideal backdrop to this investigation:

Never aspire to be a part of ‘the public.’ The public ignorance condemns it to perpetual slaughter.

As stated, a story as old as time. Since bitcoin (BTC) hit its latest all-time high, creating a market cap above $2.5 trillion now, the crypto press has been quick to provide the reason why.
Source – AInvest.com
The issue here though is there appears to be real confusion in the messaging. Are the big investors buying? Or is it someone else. Take a look at the following alternative viewpoint.
Source – CryptoSlate.com
So, which is it? Is it institutional investors or retail (in other words, you, and me)? Or both? The crypto world can’t seem to agree here.

The above AInvest article is a true masterpiece of pretension, vanity, and a sprinkle of self-importance. Terms such as strong institutional interest, growing positive sentiment, institutional endorsement are mentioned multiple times just in one article.

A perfect encapsulation of the mania or ‘winner’s curse’ phase of the current real estate cycle.

However, it does also state the following quote.

Despite Bitcoin’s consecutive highs this week, retail investors appear to be notably absent from the market. 

Well, that is instantly refuted by the next article above from CryptoSlate. Quoted from the above article.

Wallet-level (or retail investors) data revealed that short-term holders, many of whom are new market entrants, triggered the breakout. However, retail accumulation laid the groundwork by draining exchange balances for months.

So, what is it? You may contend that, as a BTC holder yourself, the ‘why’ is of little consequence. And I am simply playing a game of semantics with readers.

Well now, let me show you why it makes all the difference.

‘Is Don, is good?’

US president Donald Trump proudly proclaims himself as the US’s first “crypto president”. And no doubt the crypto-friendly policies his administration is trying to push through congress have contributed to BTC’s price rise.

I suspect that The Donald knows bugger-all about crypto, bitcoin, the blockchain etc. What he DOES know, given his real estate background, is how to borrow stupendous amounts of other people’s money to fuel investments.
Source – Financial Times
This is in addition to American Bitcoin, which is backed by Eric Trump and Donald Trump Jr, who announced an all-share merger with Gryphon Digital Mining to create “the most investable bitcoin accumulation platform in the market.”
Trump Media & Technology Group (TMTG) has enlisted the help of financial advisor Brandon Lutnick, the son of Trump’s commerce secretary Howard Lutnick, to help find institutional investors.

You cannot make this stuff up! This is nepotism at its finest.

It’s precisely what the public can’t, or won’t, see that ensures their utter destruction. And it all kicks off with the best signal of all, the land price peak then downturn.

Can you see it? The proof is staring at you in the face here. BTC has an Achilles heel, one of the biggest vulnerabilities in history, and by the time it’s all over we will all see it.

What ultimately breaks this market is not the crypto coin itself, even though that likely will crash in the ensuing downturn.

But the real danger will be the billions’ worth of margin loans, leverage, convertible bonds and so on that are using a form of collateral that has zero earnings.

Even if people want to hold onto their BTC when the market is crashing, the margin calls that investors will face will mean they are forced to sell their holdings. Which will make it crash even more.

And because nobody studies the land market, when the land price-led recession begins, you won’t ever see it coming.

The public ignorance condemns it to perpetual slaughter.

My advice? Don’t be ignorant—get educated. Become our latest Boom Bust Bulletin (BBB) member. Let the BBB guide you on the inherent timing of the economy only knowledge of the land market can give you.

Each month this history and knowledge will be yours via monthly written editions and video postcards that will help explain the real estate cycle like never before.

When the squeeze is on, lenders want their money back, yesterday. Your only option then is to sell the underlying assets.

You have to know your timing and avoid doing what the public are doing. Learn how to both profit and protect yourself and your family. That’s what the BBB can teach you.

Sign up now.
Best wishes,
Darren J Wilson
and your Property Sharemarket Economics Team

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This content is not personal or general advice. If you are in doubt as to how to apply or even should be applying the content in this document to your own personal situation, we recommend you seek professional financial advice. Feel free to forward this email to any other person whom you think should read it.