State pension funds have roughly $2.6 trillion in assets… that’s $1.4 trillion short of what they need to cover total pension liabilities.
To solve this problem, could they be about to invest in cryptocurrencies?
Glenn Beck and I believe so. Here’s why…
Two weeks ago I was at a private event at a castle in Tuscany. Only 65 people were invited.
And I met a gentleman who used to run a $20 billion state pensionfund.
So I asked him, “How are state pension funds going to come into crypto? Because if you buy crypto and it goes down, you’re going to lose your job.”
Confidentially, he revealed to me the reason why he left his job was to start up a whole new money management company.
He’s setting up what’s known as a “fund of funds”—a kind of backdoor that will allow big institutions to bet major money on cryptos without having to hold cryptocurrencies directly and without violating state rules…
And that’s only the beginning of what the big money has planned for crypto moving forward.
If global institutions invested just one percent of their assets under management into cryptos, we’re talking about going from a multi-billion-dollar industry to a trillion-dollar industry.
Incredible fortunes will be made.
(Note: This is a shorter “highlight reel” of our main event last week. The longer video is no longer available to view.)