Due to rampant debt growth and falling tax receipts, the U.S. government is looking to take more of your hard-earned money. So now is the time to ask yourself:
Does Your Bank Account
Speak Spanish?
Why you need to internationally diversify NOW,
and the 5 best ways to do it...
Dear Reader,
In today’s economic climate, it is downright foolish to put all your eggs in one basket – whether that basket is a single stock... a single market sector... a single investment category... or, for that matter, a single country.
Even the least savvy brokers and financial advisors will urge you to keep at least 25% of your stock portfolio invested outside of the U.S. – in emerging markets, the eurozone, the Pacific Rim, and other countries.
But stocks are only part of the picture. To TRULY diversify, you have to think out of the box... and go way beyond equities.
It’s easy to see why.
As established as it is, and with massive government and private debt looming over the economy, the stock market is no longer likely to produce the great upside for investors that it once did.
And not only is there less upside, there is a very real chance that there is much more downside to come.
But there are some secrets of diversification that the investing masses are blind to. I would like to invite you to expand your idea of what it really means to be a global investor with a wider view of the world.
That’s why I’m writing this letter today... because it is now more crucial than ever to learn ALL you can about internationalizing your wealth and safely getting at least part of your assets out of the country.
In these pages, you’ll discover the 5 best ways to diversify in order to protect your hard-earned money.
Let’s start by spelling out what exactly it is you’ll be protecting yourself FROM...
The U.S. Economy – to Hell in a Handbasket?
Unless you’ve been living in a bunker for the last three years, you know of course what I’m talking about:
Economy on a downhill slide
Unlike Washington pundits who claim that the recession is over and an economic recovery is surely underway, the numbers don’t lie.
According to the Bureau of Labor Statistics, unemployment had reached 9.1% in May 2011.
In mid-January, the Philadelphia Inquirer reported that foreclosures in the United States reached 1 million at the end of 2010 and 1.2 million homes are expected to be repossessed by lenders in 2011 as the housing market continues to struggle.
Losing their jobs and homes, many people have no choice but to file bankruptcy. Non-business bankruptcies were up more than 10.5% in Q1 2011, compared to Q1 2009.
Eternally indebted
Gone are the quaint times when you still heard awe in people’s voice while mentioning millions of dollars of government spending or even “billions with a capital B.” In the last few years, we’ve gotten so used to talking about 13- or 14-digit numbers, billions barely seem real money anymore.
The Congressional Budget Office (CBO) projects that federal debt will reach 62 percent of GDP by the end of this year – the highest percentage since shortly after World War II – and will grow from $7.5 TRILLION in 2009 to $20 trillion by 2020.
If you find it hard to wrap your mind around those numbers – and who wouldn’t – consider that the government intends to almost triple the current debt in just 11 years.
The Fitch Ratings agency says it expects the combined state and federal debt to reach 94% of GDP in 2011... up from 57% at the end of 2007. At the same time tax revenues are dropping.

As the orange line shows, the tax base is only growing as fast as the economy itself. The ever-widening gap between the two lines spells serious problems, as the only way the debt can be sustained is through higher taxes.
But the best chart I’ve recently seen comes from the St. Louis Fed itself – it’s a historical account of federal surpluses/deficits. Hold on to your chair...

Note the precipitous drop at the end – now $1.4 trillion and counting. If you follow the business news, you‘ll see more and more financial experts stating that we are so deep in the hole, we may never find our way out.
Dollar devaluation
Somehow those mind-boggling deficits have to be financed, of course. The government’s “solution” is printing its way out of the dilemma, which has led to a vast increase in the U.S. money supply... which in turn will lead to rampant inflation down the road.
The Federal Reserve stopped publishing the M3 – the total money supply circulating in the economy – in 2006, allegedly because it was too costly to track.
John Williams, a consulting economist for Fortune 500 companies and economic whistleblower, thinks it’s because the Fed doesn’t want you to know what’s really going on. According to his calculations, M3 has grown from $10.4 trillion in 2006 to around $14 trillion in 2010.
That’s an increase of 3,600,000,000,000 within four years!
Our own financial experts at Casey Research don’t have a rosy outlook on the dollar either. After crunching the numbers, Chief Economist Bud Conrad thinks rapidly rising inflation cannot be far away.
In the worst-case scenario, we could see hyperinflation as in Zimbabwe or the Weimar Republic in the 1920s, where a wheelbarrow full of money couldn’t even buy a newspaper.
Foreigners losing faith in the U.S.
In 1970, there were almost no foreign holders of U.S. debt. Since then, their share of our national debt has steadily increased – today, foreign governments and international investors own almost 35% of U.S. debt in the form of Treasuries.
Of the $14 trillion in current U.S. debt, foreigners hold approximately $4.5 trillion, with China and Japan as our biggest creditors.
And as long as the United States was the economic leader of the pack, they were quite happy to buy our debt instruments.
But that picture has changed.

You see that the major drops in Treasury buying started around May/June 2009, especially for China and the rest of the world minus Japan and the UK. Britain saw a freefall in purchases at the same time, but buying has since climbed a bit.
This may only be the beginning: with the U.S. economy in shambles, the Fed printing money by the ton, and interest rates artificially kept at an all-time low, foreign investors are increasingly reluctant to buy Treasuries.
BBC News reported in February 2011 that “China has reduced its holding of US Treasury bills for a second consecutive month, cutting holding by $4bn in December and $11.2bn in November.”
With QE2 ending at the end of June and the Fed – which recently has been the largest buyer of U.S. debt – dropping out of the picture, the number of foreigners buying Treasuries would have to vastly increase for the U.S. government to make ends meet.
That is highly unlikely, unless interest rates rise drastically to give those foreigners some “bang for their buck.” The same rising interest rates, however, would make it that much harder for the government to ever pay back the debt... and further hurt the already wounded economy.
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 U.S. economy could come crashing down, and soon.
That’s why you should look to internationalize your assets as soon as possible. Remember, the prepared are spared.
Of course I and the entire Casey Research team hope that we’re wrong in our dire predictions – but we also believe that it’s better to be prepared for the worst and nothing happens, than to not be prepared and get wiped out.
And I assure you, the odds for a worst-case scenario are rising by the day.
So let me tell you what your 5 best options are – but first, allow me to briefly introduce myself...
Taking lessons from the “International Man”
My name is Olivier Garret, and I’m working with the original “International Man.”
His name is Doug Casey, and he is the founder and chairman of Casey Research, the company whose CEO I’m proud to be.
Move a significant portion of your assets out of your home country...
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.
Doug Casey, December 2009
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.
He’s also something else: 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 gathered experts around him that are cut from the same cloth.
This team of experts at Casey Research have put together an all-new report called GOING GLOBAL.
In this report, they detail all the different ways you can protect your assets by moving them – and maybe yourself, too – out of the country.
5 Pillars of Global Investing
Many mainstream investors think that buying a couple of stocks trading on Canadian exchanges or adding another mutual fund is diversification. They’ll be the ones hurting the most when the full impact of the economic tsunami hits.
But this doesn’t have to happen to you.
So let me tell you about the five best ways to TRULY diversify your assets that you’ll find in our book-length GOING GLOBAL Report.
I’ll tell you more in a moment, but here’s a brief overview for starters:
- How to Properly Diversify with Currencies
Do NOT buy euros! Which currencies to root for... and the #1 secret most investors never even consider (but should). - Where to Buy Gold and Where to Keep It
Crooked vs. honest dealers and how to recognize them. Storing your metal: the safest place in the world. - Foreign Stocks, Funds, and More
How to assemble a portfolio that can really protect you... Stocks, funds, and some really “outlandish” investments your bank account will love. - Foreign Companies and Trusts
How forming a limited liability company or a foreign trust can splendidly work in your favor. - Bye-bye, USA
Benefits of expatriation; the perks of dual citizenship; renouncing U.S. citizenship — pros and cons.
You see, most of these are opportunities your broker or financial adviser likely 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 U.S. government... providing handouts and bailouts to the undeserving... raking up trillions of dollars in debt that can never be paid back... passing slews of new restrictions, regulations, and taxes... and in the process wrecking the U.S. economy and impoverishing the productive part of the population.
And it’s only going to get worse...
The New Rallying Cry: “Eat the Rich!”
The Obama administration, in a desperate attempt to shore up some much-needed funds, has been starting to stick it to the “rich.” And make no mistake: we’re not just talking about billionaires here.
- President Obama is raising taxes for high-income earners – that's everyone with an income over $200,000 per year ($250,000 for couples) – to pre-2001 levels.
- Also coming: a limitation on itemized deductions and a 20% tax rate on long-term capital gains and qualified dividends.
- Under the health care reform bill, high-income earners will pay several thousand dollars more per year in Medicare payroll taxes, starting in 2018. Unearned (read: investment) income, now exempt from the payroll tax, will also be subject to a 3.8% levy.
- Then there are the states wanting their share of the pie: the Washington State Senate, for example, is thinking of imposing a 4.5% tax on income above $200,000 ($250,000 for couples). In New York, joint filers earning more than $300,000 would pay 7.85%, and those earning above $500,000 would pay 8.97% -- up from the current maximum tax rate of 6.85%. In other words, legalized robbery, soon coming to a state near you.
- And if you’re unlucky enough to own a business, the health care bill may well ruin you. Karen Kerrigan, president of the Small Business and Entrepreneurship Council, said, “Small business owners got tiny scraps from this legislation, which in no way make up for the crushing taxes and burdens they will face if the bill is fully implemented.“
Reason to despair?
Not for savvy investors who know how to get around the many obstacles the government throws their way...
The Special Report That Leaves Nothing Out
This book-length Report the experts at Casey Research have assembled is absolutely the best of its kind.
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 the 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.
For example...
How to protect yourself
from dollar debasement
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 recent debt disaster in Greece that threatens to spread across the other PIGS countries (Portugal, Italy, and Spain), it is becoming clear that the eurozone may be in greater peril than the U.S.
One currency that is still stable – and likely to remain that way – is the Swiss franc. Switzerland is the neutral player in Europe; it’s not an EU member and famous for its secure banking facilities. And that shows in the strength of its currency.

There are two more bullet-proof currencies the Casey Research team recommends in their Special Report GOING GLOBAL.
There’s a number of different avenues to hold currencies as well:
- You can buy them outright and keep them in cash
- You can invest in a foreign-denominated Certificate of Deposit (CD)
- Or you can buy shares of foreign-currency ETFs
But maybe the most important consideration is WHERE to keep the currencies you have.
Do you have a bank account in another country? If not, you should hurry to get one.
Holding foreign currency 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 U.S. 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, desperate to get a grip on your money, enacts even stricter controls.
You’ll find all the information you need in GOING GLOBAL... and I urge you to read it today, for the sake of your financial security.
But as useful as foreign currencies can be for diversification, you have to keep in mind that they’re still only paper money.
Here’s the one asset that will never become worthless and that no smart investor should go without...
Gold: real money for a rainy day...
but make sure you keep it safe
Greek philosopher Aristotle laid out the five measures what a good form of money should be like:
- Divisible
- Durable
- Convenient
- Consistent
- Intrinsically valuable
That’s why artwork, wheat, or real estate don’t make good money. For that matter, neither does paper currency that’s not backed by anything, as we have it now all over the globe.
Throughout the millennia, gold has been a safe store of wealth, especially in times of economic crisis... and in past recessions and depressions, the gold price has moved opposite to the purchasing power of the dollar.
That means the lower the dollar goes, the more gold rises in value. And if our paper money ever reaches its intrinsic value, zero – and the chances of that are increasing by the day – the price of gold will shoot to the moon.
So make sure you have some coins or bars stashed away... the Casey Research team recommend keeping 1/3 of your overall wealth in physical metal.
But how safe is your gold within the United States?
Sure, you can keep it at home or store it in a safe deposit box at your local bank. But there is a remote possibility that at some point, the 1930s gold grab might repeat itself.
In 1933, President Roosevelt outlawed the private ownership of gold. Every U.S. citizen and resident had to exchange their gold for dollars, at the “official” value of $20.67 per ounce. Then FDR proceeded to raise the fixed gold price to $35/oz – which meant an instant currency inflation of almost 70% for the U.S. dollar.
Well, tough... after all, it was for “the good of the country,” wasn’t it?
While we at Casey Research aren’t convinced that those old days will return, you can never be too careful – especially if you own a fairly large amount of gold as a crisis nest egg.
Our Special Report, GOING GLOBAL, details all the alternatives where to store your gold and how to keep it out of harm’s way.
After reading it, you’ll agree that, as Shakespeare said, “discretion is the better part of valor.”
Expatriation – tricky but rewarding
If you’re thinking of leaving the United States for good, don’t just pick some paradisiacal spot you 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.
In GOING GLOBAL you will learn how to find the best place for yourself to live, invest, and keep your money – and which practical steps you need to take to set up shop in your country of choice.
The most important thing:
Even if you’re completely disgusted with the government’s handling of the economy and your tax money, it’s a tough decision whether or not to give up your U.S. citizenship.
On the one hand, it is true that the U.S. is one of the few countries in the world that make their citizens pay income taxes even if they live abroad.
On the other hand, the “penalties” for renouncing U.S. citizenship can be steep.
If the government assumes that you leave for reasons of tax evasion – and it most certainly will if you have above-average means – you can be taxed to the hilt.
We'll tell you all the pros and cons of giving up your U.S. passport so you can make an informed decision.
And it can be very beneficial to have dual citizenship. With a bit of luck, you may even be entitled to a foreign passport and not even know it.
GOING GLOBAL guides you through the steps and tells you which countries are the best candidates to obtain citizenship of.
This is exactly why we decided to publish this Special Report... to help investors like you keep their hard-earned money and allow for wealth creation, not depreciation.
There are many more crucial topics in GOING GLOBAL, like:
The Most Ingenious Ways to Keep Your Money Out of the U.S.
- What you need to know about foreign
- How LLCs can manage your money
- Trusts are good, control is better
- Teach your IRA to travel
... 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...
A Well of Tried and Tested Knowledge...
for Only $99
And I guarantee you, that’s a great deal.
You see, the information you’ll find in GOING GLOBAL is not just some theoretical claptrap that we read in books.
It is first-hand knowledge acquired by jetting around the world... talking to international lawyers, real estate experts, brokers, and asset managers... and putting our money where our mouth is.One of our authors, for example, is a renowned authority in the field of annuities and mutual funds. Another is so well-versed in all things gold that the investment media call him to ask his opinion on the latest market swings.
GOING GLOBAL gives you the names of authorities in their respective fields that we’ve worked with and trust, as well as the names of companies we have found to be reliable partners in our quest for wealth preservation.
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.
GOING GLOBAL provides you with numerous links to additional Casey Research publications – our most essential reports on
- Buying Gold on the Comex
- Your Own Offshore Trust
- And more
Click here to order GOING GLOBAL right now...
or read on...
I’ve already listed many reasons why you want to start today to truly internationalize your assets.
Here’s the latest example of how the U.S. government infringes on your personal wealth...
(a) IN GENERAL.—The Internal Revenue Code of 1986 is amended by inserting after chapter 3 the following new chapter:
“CHAPTER 4—TAXES TO ENFORCE REPORTING ON CERTAIN FOREIGN ACCOUNTS [...]
“(a) IN GENERAL.—In the case of any withholdable payment to a foreign financial institution which does not meet the requirements of subsection (b), the withholding agent with respect to such payment shall deduct and withhold from such payment a tax equal to 30 percent of the amount of such payment. [...]
“(C) in the case of any United States account maintained by such institution, to report on an annual basis the information described in subsection (c) with respect to such account,
“(D) to deduct and withhold a tax equal to 30 percent of—
“(i) any passthru payment which is made by such institution to a recalcitrant account holder or another foreign financial institution which does not meet the requirements of this subsection, and
“(ii) in the case of any passthru payment which is made by such institution to a foreign financial institution which has in effect an election under paragraph (3) with respect to such payment, so much of such payment as is allocable to accounts held by recalcitrant account holders or foreign financial institutions which do not meet the requirements of this subsection.
The Stealth Bill that Holds Your Money Hostage
On March 18, 2010, Congress signed into law a seemingly insignificant little stimulus bill, cleverly titled the “Hiring Incentives to Restore Employment Act” (HIRE, or H.R. 2487).
It was just another multi-billion-dollar act in the endless flow of useless legislation to curb unemployment and revive the economy. Nobody really cared about it, and nobody even bothered to read it.
But if anyone HAD read it, there would have been an outcry in the investing community.
You see, buried in this bill was a chapter named Offset Provisions – Subtitle A – Foreign Account Tax Compliance.
This chapter requires foreign banks and financial institutions to withhold 30% of all outgoing capital flows from every foreign bank account owned by a U.S. citizen (and probably send it straight to the IRS).
But it’s much worse than that because the bill also forces the same financial institutions to report every detail of all their non-exempt U.S.-owned accounts.
If an institution refuses to do so, it will be forced to close the account.
In other words, we have been sold out and turned into financial prisoners of the U.S. government.
GOING GLOBAL shows you how to escape this dilemma... through perfectly legal loopholes that will enable you to get your money out of the U.S. and could potentially save you tens of thousands of dollars or more.
And as a special bonus, with your purchase of this powerful Special Report...
I’ll immediately send you, as a FREE gift, Doug Casey’s report on “Getting Out of Dodge.”
In this practical guide, Doug describes, in his inimitable writing style, his personal choices for the best countries to live and invest in – as well as the countries he advises you to avoid.
It’s certainly possible to be happy living your whole life in the place you were born and grew up. But unless you were born a member of the lucky sperm club, it’s almost always suboptimal, and sometimes it can be disastrous. I suspect now is one of those unhappy times.
Doug Casey, “Getting Out of Dodge”
Doug Casey at his best, talking about what he loves most... you don’t want to miss it.
Again, you’ll pay only $99 for...
- Your book-length Special Report, GOING GLOBAL, chock-full of priceless insider information
- FREE: 2 additional reports on how to invest, linked to in GOING GLOBAL
- FREE: Doug Casey’s report “Getting Out of Dodge,” with a list of countries and their pros and cons
Click here to receive your special reports right now:
I wish you much enjoyment reading GOING GLOBAL... you’ll be glad you did.
Yours,

Olivier Garret
Chief Executive Officer
Casey Research, LLC
P.S.: Famous investment pros like Doug Casey, Bill Bonner, and Porter Stansberry 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 that can assist you doing so.
Also consider owning foreign real estate. At a minimum, you may find the property to be an enjoyable vacation spot, and in the worst circumstances, you may find it a safe hideaway. Plus, foreign real estate holdings aren’t reportable for Americans and most others. With that as a foundation, you can advance further.
Doug Casey, December 2009
Order GOING GLOBAL today and let the experts help you out in internationalizing your wealth.


