What Is The New Banking Rule Set to Affect 234 Million Americans? [Teeka]

Teeka Tiwari has been promoting a presentation with the heading “New Banking Rule Set to Affect 234 Million Americans.”

In it, he posits that the Office of the Comptroller of the Currency has made an important rule change that will enable investors to mint a fortune if they know how best to handle the news.

Having gone through the pitch in its entirety, I put together this review to give you an overview of what Teeka Tiwari discussed to enable you to better decide whether you should follow his advice.

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What is the New Banking Rule Set to Affect 234 Million Americans?

When Teeka Tiwari released a presentation about “The New Banking Rule Set to Affect 234 Million Americans,” he wanted to bring to our attention a change to the banking system that he thought would change the lives of many Americans. On the other hand, he warned that those who would fail to prepare for the change would have to endure devastating consequences.

New Banking Rule Set to Affect 234 Million Americans

So, what does Tiwari think caused the new banking rule change?

He believes that the stimulus plans instituted by the government and the Fed are what caused it, but not directly.

Since the government had to exercise its mandate to cushion the economy against the adverse effects of the coronavirus lockdown, one of the ways it achieved that was to issue stimulus checks.

This involved what analysts like Teeka refer to as careless minting of money “out of thin air. They say that this could cause dangerous inflation that will decimate people’s savings – this was the warning he was giving to people who would fail to heed his warning.

What exactly is the new banking rule?

The new banking rule that has been passed by the Office of the Comptroller of the Currency (OCC) allows all banks in the US to offer a new type of account that will enable investors, particularly the major players, to transact cryptocurrencies seamlessly.

Tiwari says that before this new rule was put in place, the by-lays of most big investment funds prohibited them from investing in assets that were outside the scope of federally-chartered banks.

Since digital currencies fell under this category, it was like a de-facto ban on institutional investors trading cryptos.

But now that the OCC has allowed them to open those accounts, Tiwari tells us that those investors will want to participate in cryptocurrencies.

Cryptocurrencies are seen as a sort of a hedge, much like gold. The main reason for this is that major digital assets like Bitcoin have a finite supply; it is embedded in their code that there is a cap on the total amount of it that will ever be mined.

Therefore, it is widely believed that they are not prone to the kind of inflation affecting fiat currencies – because they can be “created out of thin air” limitlessly.

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How he wants his followers to handle the rule change

What if you take his warning seriously and want to do something about it?

His solution is to invest in cryptocurrency.

He believes that as institutional investors participate in the market, large amounts of money will be flowing in, pushing the prices higher.

To be fair to him, many analysts believe this could be what is causing digital currencies to do as well as they have, thus far in 2020.

But Tiwari also believes that the prices could go even higher; for example, he says that Bitcoin could hit $100,000 “sometime in the coming months.”

He has written a report called Blockchain Millionaire: How to Turn $675 into $1 Million With My Top 3 Small Cryptos for 2021 detailing how you ought to invest.

Note how he wants you to invest in “3 small cryptos” rather than Bitcoin. These are usually called Altcoins (short for “alternative coins” – digital currencies that are not Bitcoin).

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Who is Teeka Tiwari?

Teeka Tiwari is the lead analyst at Palm Beach Research Group, which is affiliated with Agora Financial.

He is the leading editor of a couple of newsletters published by the firm, including Crypto Income Quarterly, The Alpha Edge, Palm Beach Confidential, and The Palm Beach Letter.

Among the investment gurus I have encountered, he is one of the key proponents of investing in cryptocurrencies as this presentation proves. I have even reviewed a few of his presentations on the same, including Tech Royalty Retirement Plan and Project Deepwave.

Teeka Tiwari used to work on Wall Street before he decided to “help retail investors make better decisions with their investments.” He was once employed by the now-defunct Lehman Brothers.

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How to access Tiwari’s recommendations on the New Banking Rule Set to Affect 234 Million Americans

To access his report on the three cryptocurrencies he wants us to invest in, you have to subscribe to his newsletter, The Palm Beach Letter.

If you sign up for it, you can expect to receive insights from Tiwari regarding the biggest market trends. He also shares recommendations every month and these can be anything from cryptocurrencies, dividend stocks, to growth stocks.

In summary, here is what subscribing to The Palm Beach Letter gives you:

  • 12 months of newsletters (every month, you receive a copy).
  • A copy of his course, My Crypto Master Course. It shows you how trading digital currencies work.
  • Access to the members-only website and the model portfolio.
  • Free copies of special reports like My Top Plays for Blockchain’s 295,000% Revolution and My No. 1 Way to Own Gold. These are in addition to the main one about the three cryptos.

Subscription Fee to join The Palm Beach Letter

The annual subscription fee is $49

Does Palm Beach Letter have a Refund Policy?

They have a 60-day money-back guarantee.

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What I like about the New Banking Rule Set to Affect 234 Million Americans presentation.

It alerts us to the potential profits to be made investing in cryptocurrencies.

What I didn’t like about the New Banking Rule Set to Affect 234 Million Americans presentation

Teeka Tiwari requires you to sign up for his newsletter to reveal the three cryptos he is teasing in the presentation.

Is the New Banking Rule Set to Affect 234 Million Americans legit?

I think “New Banking Rule Set to Affect 234 Million Americans” is a legitimate presentation by Teeka Tiwari.

He states that institutional investors have effectively taken to cryptocurrencies, which is true in 2020 (whether or not this has to do with a new rule or internal changes to investment strategies is hard to say). The bottom line is that more of them have ventured into the market and the prices have inevitably gone up.

That being said, this does not guarantee that following his advice and buying his three recommendations will make you rich.

My Final Word on New Banking Rule Set to Affect 234 Million Americans

If you intend to follow Teeka’s advice and invest in his three altcoin recommendations for 2021, you need to research them before you plow your money into them.

All digital currencies have “rules” that are set in their code that determine things like whether they have a finite supply (some altcoins have no limit), what they were created for and other details. You should get this information from their white papers. You also need to be wary of cryptocurrency scams.

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