{"id":20880,"date":"2023-05-10T17:00:54","date_gmt":"2023-05-10T21:00:54","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=20880"},"modified":"2023-05-10T17:00:54","modified_gmt":"2023-05-10T21:00:54","slug":"this-87-year-old-american-icon-holds-clues-for-a-once-in-a-lifetime-profit-opportunity","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/this-87-year-old-american-icon-holds-clues-for-a-once-in-a-lifetime-profit-opportunity\/","title":{"rendered":"This 87-Year-Old American Icon Holds Clues for a Once-in-a-Lifetime Profit Opportunity"},"content":{"rendered":"

Andrew’s Note:<\/strong> Today, we have a special guest essay from our colleague and macro expert Nomi Prins. <\/p>\n

Nomi is a best-selling author, financial journalist, and former global investment banker. She reached the upper echelons of Wall Street before setting out to demystify the world of money.<\/p>\n

Nomi recently spoke with over a dozen government insiders. And with record-low fuel reserves… and natural disasters pushing our energy grid to the brink… America is ready for a secretive energy tech known as “SMR.”<\/p>\n

Tonight at 8 p.m. ET, Nomi will reveal a way to play this trend for just $2 – and she believes it could become the highest-returning stock of her career.<\/p>\n

To find out more, RSVP for Nomi’s “Power Shift 2023” with one click.<\/a><\/p>\n

\n

I stood 726 feet above ground as the mighty Colorado River roared below me.<\/p>\n

Red mountain peaks towered in front of me as far as I could see… And for a moment, I was speechless.<\/p>\n

<\/p>\n

\"Image\"<\/p>\n

If you’ve ever been to the Hoover Dam, you might know the feeling.<\/p>\n

I’ve traveled all over the world, from Brazil to Thailand. I’ve seen hundreds of historic landmarks – from the Great Wall of China to the Sydney Harbor Bridge in Australia.<\/p>\n

And the Hoover Dam still blew me away.<\/p>\n

But as I’ll show you below, there’s more to this American icon than meets the eye. In fact, it holds moneymaking clues today – if you know where to look.<\/p>\n

So let’s take a step back in time. Because the past can show us a once-in-a-lifetime profit opportunity, which is unfolding as I write this…<\/p>\n

Where Public Money Goes, Private Money Follows<\/h2>\n

The Hoover Dam was a feat of bipartisan support and private companies’ efforts.<\/p>\n

It stemmed from President Herbert Hoover’s decades-long push to rein in the power of the Colorado River.<\/p>\n

A government agency called the Reconstruction Finance Corporation (RFC) financed the project. Funding was just shy of $49 million (about $903 million in today’s dollars).<\/p>\n

Yet the government didn’t set up the RFC with the dam in mind. It was a finance vehicle designed to help Wall Street weather the Great Depression.<\/p>\n

But because of one of five key RFC provisions, funding for the Hoover Dam became a reality.<\/p>\n

Under Provision 4, private companies could help the government with public infrastructure projects. That included “bridges, tunnels, docks, waterworks, canals, and markets devoted to public use.”<\/p>\n

The Hoover Dam ticked that box.<\/p>\n

Now, the government provided the initial funding for the project. But that doesn’t mean the government built the dam.<\/p>\n

First off, companies had to put their own skin in the game.<\/p>\n

If a company wanted to bid on the mega-project, it had to cough up $2 million. Then it had to shell out another $5 million to back a performance-related bond. This was to guarantee it would keep to the job, no matter how difficult it became.<\/p>\n

At the time, the nation was stuck in the Great Depression. So the idea of paying up for a juicy government contract was enticing.<\/p>\n

That was especially true in the construction industry. There, the Great Depression was eating into jobs and forward-looking business strategies.<\/p>\n

But the dam was too expensive and complex of a project. No single company could pony up that much money for the contract… or guarantee the project’s completion.<\/p>\n

So, in the end, the contract didn’t go to just one firm. Instead, on February 19, 1931, a group of companies formed a coalition.<\/p>\n

The Six Companies That Built the Dam<\/h2>\n

Six Companies Inc., as it was called, won the $49 million contract.<\/p>\n

At the time, it was the largest contract of its kind. And the largest public-private partnership in the history of the United States up to that point.<\/p>\n

The winners were all relatively small or family-owned companies. But one name in particular stands out: the Bechtel Corporation.<\/p>\n

You might recognize the Bechtel name as a multinational mega-company. But it wasn’t anywhere near that back then.<\/p>\n

Until the Hoover Dam project came along, Bechtel was a tiny family road construction company founded in 1898.<\/p>\n

But it seized the challenge of the Hoover Dam project. And – together with Henry J. Kaiser Co. of California – Bechtel put $1.5 million into the dam.<\/p>\n

The Bechtel family grew into a global construction, energy, and technology company on the wings of that project.<\/p>\n

Today, Bechtel is the second-biggest construction company in the United States. And it’s one of America’s largest private companies, with a $40 billion market cap.<\/p>\n

It was in the right place at the right time.<\/p>\n

<\/p>\n

\n
\n

Free Trading Resources<\/strong><\/p>\n

Have you checked out Jeff’s free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career \u2013 at zero cost to you. Just click here<\/a> to check it out.<\/p>\n<\/p><\/div>\n<\/div>\n

<\/p>\n

What This Means for Your Money Today<\/h2>\n

Now, I’m not suggesting that you buy Bechtel. After all, it’s a private company. So even if we wanted to, it’d be nearly impossible.<\/p>\n

Instead, I’m telling you this because we’re at another crossroads for our nation’s infrastructure.<\/p>\n

In the 1930s, the Hoover Dam gave small companies the chance to grow bigger. And right now, legislation coming out of Washington is creating a similar opportunity.<\/p>\n

Except this time you can position yourself to profit.<\/p>\n

See, I found a tiny company in the energy sector with the power to transform the U.S. energy grid.<\/p>\n

It’s pioneering a new fuel breakthrough called “SMR.”<\/p>\n

This breakthrough is 2 million times more powerful than oil. It’s also 3 million times more powerful than coal. And yet the coal industry is lining up to invest…<\/p>\n

I’ve spoken to at least a dozen government insiders. I’ve been on Zoom calls with lawmakers. And based on these conversations, I think new “SMR” legislation could funnel substantial profits to this company.<\/p>\n

It has secured the first and only <\/em>federal license to sell “SMR” in America…<\/p>\n

In other words, like the Bechtel Corporation in the 1930s, this tiny company is in the right place at the right time.<\/p>\n

And right now, you can play it for less than $2 per share.<\/p>\n

That’s why tonight at 8 p.m. ET<\/strong>, I’m holding a special Power Shift 2023 <\/em>briefing. (RSVP instantly here.<\/a>)<\/p>\n

I’ll dive into the details of this tiny company. And I’ll show how it could hand you as much as 20x your money in the long run.<\/p>\n

To make sure you don’t miss out, reserve your spot here with one click.<\/a><\/p>\n

Happy investing, and I look forward to seeing you tonight!<\/p>\n

Regards,<\/p>\n

Nomi Prins
Editor, Inside Wall Street with Nomi Prins<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

I stood 726 feet above ground as the mighty Colorado River roared below me.<\/p>\n","protected":false},"author":55,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"service":"","footnotes":""},"categories":[1],"tags":[],"publication":[10],"person":[79],"newsletter-type":[],"ticker":[],"class_list":["post-20880","post","type-post","status-publish","format-standard","hentry","category-market-minute","publication-market-minute","person-nomi-prins"],"acf":[],"_links":{"self":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/comments?post=20880"}],"version-history":[{"count":0,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20880\/revisions"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=20880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=20880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=20880"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=20880"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=20880"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=20880"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=20880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}