At a time when overindebted governments are making increasingly desperate grabs for their citizens' money, keeping all your assets invested in one country – and denominated in one currency – is a very bad idea. So now is the time to ask yourself:
"Remember, your government... considers you a milk cow. And history has shown, if they need to, they'll use you a beef cow, as well."
Internationalizing Your Assets
If you're alarmed by the growing threat – from your own government – to your financial health and personal freedom, I can't blame you.
In fact, I'm afraid that as budgets are shrinking and deficits rising, desperate grabs for the money of taxpayers and depositors will only accelerate.
No matter how well you think your money is protected, how sure can you really be?
As Cypriot banks were teetering on the edge of a cliff, officials decided to confiscate ordinary bank depositors' money to help prop up the wounded giants. The luckier customers only had 27% of their savings taken from them – others likely won't see any of their money again.
Think about it: As the customer of a bank, you enter into a business agreement of mutual trust. Your bank agrees to keep your money safe for you, and you agree to let them loan it out and collect interest. And should you want any or all of your money back, your bank agrees to give it back to you, no questions asked.
But recent events in Cyprus have destroyed that trust. Now bank customers around the world have to wonder if they'll be next in line as "unsecured creditors" due for a haircut.
But in the United States, the Federal Deposit Insurance Corporation (FDIC) guarantees that your bank account is insured up to $250,000... isn't that proof that your money is safe?
Only if you believe that the FDIC itself is safe. For an eye-opener in that regard, you just have to look at the chart below.
As you can see here, the FDIC has $25 billion in reserves to pay out in case of a bank failure.
The "insured" amount of US bank deposits, on the other hand, is $9.3 trillion. I'm sure you can do the math.
And if you consider the red bar on the right of the chart – the total exposure of US banks to risky derivatives, a whopping $297.5 trillion – then the word "insecure" doesn't even begin to describe the kind of risk American depositors are facing.
In other words, if you want to sleep well at night knowing your money is perfectly safe, just about the only avenue left to you is to spread it around, and to do so wisely.
And that doesn't just mean dividing your nest egg between different banks and asset classes within your country. To really diversify, you have to think outside the box – and outside US borders.
In our comprehensive report, GOING GLOBAL 2013, we show you the 7 best ways to internationalize your hard-earned wealth – and yourself, if you're so inclined.
Many mainstream investors think that buying a couple of stocks trading on Canadian exchanges or adding another mutual fund is diversification. But they'll be the ones hurting the most when the economic tsunami hits that Peter Schiff, Mike Maloney, and the other speakers at our webinar, Internationalizing Your Assets, are warning about. (If you haven't seen the webinar, I urge you to watch it now.)
But this hurting doesn't have to happen to you.
So let me tell you about the seven best ways to TRULY diversify your assets that you'll find in our book-length GOING GLOBAL 2013 report.I'll tell you more in a moment, but here's a brief overview for starters:
Most of these are opportunities your broker or financial adviser won't tell you about, simply because they're beyond his realm of expertise.
But diversifying in the way I outlined above is now more important than ever.
Because what's hampering your ability to acquire wealth and keep it is the endless meddling in your life by the US government... providing handouts and bailouts to the undeserving... racking up trillions of dollars in debt that can never be paid back... passing countless new restrictions, regulations, and taxes... and in the process wrecking the US economy and impoverishing the productive part of the population.
But outright taxation is not the only form of tax...
Peter Schiff calls it the "inflation tax." Doug Casey calls it "theft by printing press."
If you've been following the Federal Reserve's insane money printing (or, in government-speak, "quantitative easing" or "QE"), you know that the grand plan of our masters in Washington is to inflate their way out of the unsustainable debt they've piled up over the last decade.
"The Federal Reserve is now 100% committed to the destruction of the dollar. Anyone with wealth in the US dollar should be concerned that economic leadership is firmly in the hands of irresponsible bureaucrats who are committed to an ivory tower version of reality that bears no resemblance to the world as it really is."
In November 2012, the Fed's balance sheet stood at $2.85 trillion – though that was before "QE4eva" started, which obliges the Fed to buy $45 billion of US Treasuries per month.
And while Fed Chairman Bernanke is spreading his "helicopter money" around, your dollars are losing purchasing power every day.
Right now this trickle-down loss is so gradual that most savers and investors are not even aware of it. But if you want to know how much value the US dollar has really lost, here's another eye-opening chart for you:
As the Fed's excessive money printing continues, rampant inflation – perhaps even hyper-inflation – is baked in the cake. And if it stops printing, the US government is going to drown in its own debt.
It's the classic "rock and a hard place" scenario. Whatever happens from here on out, there is a very good chance that the whole US economy could come crashing down, and soon.
That's why you should start internationalizing your assets right away. Remember, the prepared are spared.
Of course I – along with the entire Casey Research team – hope that we're wrong in our dire predictions. But we also believe that it's better to be overprepared than unprepared... and wiped out.
And I assure you, the odds for a worst-case scenario are rising by the day.
In a moment, I'm going to tell you more about how to best internationalize your wealth – but first, allow me to briefly introduce myself...
My name is Olivier Garret, and I'm working with the original "International Man," Doug Casey, founder and chairman of Casey Research.
Doug is not just a well-known contrarian investor and self-made multimillionaire, he is also a true citizen of the world. In the 1970s, he wrote The International Man, a book on investing and living in foreign countries. His next book was the acclaimed Crisis Investing, which became the best-selling financial book in 1980.
Today, Doug is a sought-after speaker at investment conferences across North America, and usually it is standing room only during his speeches.
Here's something else about Doug: his unique expertise makes him the master of diversification – the kind of diversification that can truly make a difference for your life and wealth. And over the years, he has established a network of specialists that are cut from the same cloth.
By far the most effective way to ensure your personal and financial freedom is to have your citizenship in one country, your bank and brokerage accounts in another, your residence in another, and your business activities everywhere else. That's an ideal, of course, and it isn't practical for most people.
What is practical for everybody, and totally necessary, is to move a significant portion of your assets out of your home country. . . .
The storm that's just now breaking has been building for a long time. It's not too late to take shelter. But it soon will be. I don't mean to be alarmist, but – notwithstanding temporary reversals – things are going to be unraveling for years to come.
This team of experts has put together GOING GLOBAL 2013, a special report filled with specific advice and in-depth descriptions of all the different ways you can protect your assets by moving them – and maybe even yourself – out of the country.
This book-length report our experts have assembled is absolutely the best of its kind.
Kevin Brekke, editor of World Money Analyst, a Mauldin Economics publication focused on international investments.
Nick Giambruno, CFA charterholder; contributor and investment analyst, The Casey Report; editor at International Man.
Terry Coxon, economist; contributing editor, The Casey Report; president of Passport Financial, a firm helping investors set up international structures for optimal asset protection.
Jeff Clark, senior editor of the BIG GOLD newsletter, which focuses on the best ways of buying and storing physical metals, as well as large-cap gold stocks and funds.
Frank Suess, CEO and Chairman of BFI Capital Group, which provides private banking, wealth management, and investment advisory services.
It's an unparalleled compendium of financial intelligence you won't find anywhere else – need-to-know facts for any investor thinking about saving his hard-earned money from the long arms of a greedy government.
But I also have to tell you what it is not: It is NOT a handbook on how to evade taxes or to cheat the government. A lot of people have tried to do that, and today they're the smartest guys on the cell block.
That's why we're keeping it real – providing feasible (and legally sound) guidance and actionable advice to ALL rational investors.
We already talked about the Fed's excessive money creation, which is diluting the money supply and laying the foundation for over-the-top inflation.
In the past, many investors have bought euros because they perceived them to be a more stable currency. But with the ongoing debt disaster in the PIIGS countries (Portugal, Italy, Ireland, Greece, and Spain), it is becoming clear that the Eurozone may be in greater peril than the US.
One currency that is still stable – and likely to remain that way – is the Australian dollar. Australia has abundant reserves of natural resources, and its close proximity to the fast-growing economies of Asia guarantees long-term demand for its exports and industry.
Even more important, Australia's government runs a lean operation, with a 2012 debt-to-GDP ratio of just 10%, the lowest of the world's developed nations.
There are four more bulletproof currencies the Casey Research team recommend in the special report GOING GLOBAL 2013.
There's a number of different ways to acquire and hold foreign currencies as well:
And perhaps even more important, you'll learn WHERE to keep the currencies you have.
Do you have a bank account in another country? If not, you should hurry up and get one.
Holding foreign currencies in an account outside of the United States is the way to go if you REALLY want to diversify your assets internationally – but in the last few years the US government has left no stone unturned to make it harder for investors to get a foreign bank account.
It's not too late, though – there are still feasible ways to open one. But you have to act quickly, before Washington enacts even stricter controls in a desperate grab for your money.
You'll find all the information you need in GOING GLOBAL 2013... and I urge you to read it today, for the sake of your financial security.
But as useful as foreign currencies and bank accounts can be for diversification, here's one safe and convenient way to protect your wealth that I'm pretty sure your broker will never mention...
Foreign annuities and life insurance policies offer an array of benefits that you can't get from US insurance companies.
These types of policies provide a high level of asset protection... a convenient way to diversify internationally... increased confidentiality... as well as a safe and flexible way to bequeath wealth to your children.
The favorable tax rules that apply to US policies usually also apply to policies issued by carriers abroad. Depending on the type of policy you choose, a foreign product will give you the same tax deferral on investment returns, tax-free withdrawals, or tax-free death benefits as the domestic policies you're familiar with.
GOING GLOBAL 2013 tells you all about:
And of course no internationalization guide would be complete without this...
Having a second passport is a benefit you shouldn't underestimate. For one thing, it will let you live and work indefinitely in the country whose citizen you become, without visa restrictions or limits to business or real estate ownership, as some countries have.
If you check your ancestry, you may even be entitled to a European or other passport without knowing it.
An Italian, Spanish, or German passport, for example, would allow you to live in any EU member country of your choosing, and it would give you access to benefits - like visa-free entry to many non-EU countries - that Americans don't enjoy.
GOING GLOBAL 2013 guides you through all the necessary steps and tells you which countries are the best candidates to obtain citizenship.
One word on real estate: If you're thinking of setting up a bolt hole outside of the United States, don't just pick some paradisiacal spot you've vacationed in before.
It's important to do your homework about the country, its economy, its government and policies, the local mentality, and much more before you jump.
In GOING GLOBAL 2013, you will learn how to find the best place for yourself to live, invest, and keep your money - as well as practical steps you need to take in order to set up shop in your country of choice.
There are many more crucial topics in GOING GLOBAL 2013, like:
The Most Ingenious Ways to Keep Your Money Out of the US
... and much more.
Now, our experts have worked for months on putting this handbook for international investors together. As a result, it is so stuffed with valuable, down-to-earth information that Casey Research could easily sell it for $200 or more.
But I decided that we should make this material available to as many investors as possible, so here is my special offer to you...
And I guarantee you, that's a great deal.
You see, the information you'll find in GOING GLOBAL 2013 is not just some theoretical claptrap that we read in books.
It is firsthand knowledge acquired by traveling the world to consult with international lawyers, real estate experts, brokers, and asset managers... and by actually implementing their strategies in the real world.
So, yes, $99 is a steal for this kind of practical guidance that you can only get from people who have been there, done that.
And that's not all.
When you purchase GOING GLOBAL 2013, in the "Resources" chapter you'll find links toadditional special reports written by our experts – free for you:
Click here to order GOING GLOBAL 2013 right now.Click here to get GOING GLOBAL 2013 now
... or read on for some more excellent reasons to diversify.
Heavily indebted and desperate for funds as they are, it should come as no surprise that the US federal and state governments are constantly looking for new ways to fleece the taxpayers (you and me). And the methods they employ are getting ever more creative...
"If you knew what's good for you, you'd buy US Treasuries – you know, the stuff we can't get anyone but the Fed to buy – for your IRA and 401(k). Since you obviously don't know what's good for you, we'll do it for you."
That's my plain-English translation of the Obama administration's argument that it should be handling our pension funds for us. (To be fair, the Bush regime made a similar move, but it died in Congress at the time.)
"Retirement USA is basically an effort that amounts to nationalizing 401(k)s and IRAs."
–David John, senior research fellow, Heritage Foundation
Don't you just love our gentle, caring government?
The first step has been taken by the Service Employee International Union (SEIU), which "has mounted an effort to create government-mandated worker retirement accounts as an entitlement program," reports World Net Daily.
In other words, US companies, already bogged down with Obamacare, would be required by law to provide retirement funds for employees – with workers paying half of the tab.
Under this program, patriotically named "Retirement USA," the government could then demand that part of the retirement contributions go into a government-created annuity funded by purchasing Treasury debt.
To see the flaws in this plan, we only have to look to Hungary, which in November 2010 gave its citizens an ultimatum: move your private-pension fund assets to the state or lose your state pension. The ostensible purpose of this extortion scheme: reduce the country's budget deficit and public debt. Bloomberg reported that "workers who opt against returning to the state system stand to lose 70 percent of their pension claim."
Do you really want to bet your retirement fund on the hope that something like this can't happen in America?
I think I've presented more than enough compelling arguments on why you should diversify, diversify, diversify – across different countries, brokers, exchanges, currencies, banks, and asset classes.
Our comprehensive special report, GOING GLOBAL 2013, gives you all the tools you need to do just that.Click here to get GOING GLOBAL 2013 now
I wish you much enjoyment reading GOING GLOBAL 2013... you'll be glad you did.
Chief Executive Officer
Casey Research, LLC
P.S. Famous investment pros like Doug Casey, Peter Schiff, Jim Rogers, and others have worked on getting their money "out of Dodge" for years.
But it's critical to know the right places to put it and the right people who can assist you in doing so.
Order GOING GLOBAL 2013 today and let the experts help you out in internationalizing your wealth.Click here to get GOING GLOBAL 2013 now