Protect Your Gold From the Government, Simple Asset Protection Secrets from Switzerland
Commodities / Gold and Silver 2010 Nov 15, 2010 - 08:11 AM GMTSteve Sjuggerud writes:
As you read this, I'm in Zurich, Switzerland...
My publisher is hosting a seminar there for our lifetime subscribers. We're covering the best ideas in asset protection today.
From what I've seen, most Americans these days haven't even thought about protecting their assets.
Until now, your assets have been safe in America. But it wasn't long ago that they were unsafe here... In the 1930s, the U.S. government confiscated everyone's gold. I'm not kidding!
Today, your assets might not be as safe as you think... Our government is deeper in debt than ever. And the U.S. dollar is bound to lose value as our government is left paying its debts through the printing press.
In this situation, a little asset protection (some of it outside the jurisdiction of the U.S. government) could go a long way...
That's why we're in Switzerland.
In short, Switzerland is the traditional home of asset protection. (For example, since the early 1970s, the Swiss franc has appreciated nearly fivefold against the dollar.)
While we're in Zurich, we're going to hear from some of the world's top experts in safeguarding your wealth. And we'll report on some of the best ideas in later issues of DailyWealth.
But today, I wanted to share one of the best little asset protection secrets out there... I'm talking about Perth Mint Certificates.
In short, when you own a Perth Mint Certificate, you own physical gold held at the Perth Mint in Australia.
The asset protection benefits are simple with this...
First, it's easy. You can buy it right here in the U.S. My longtime friend Michael Checkan helped create this program with the Perth Mint. And Michael is based here in the States.
Second, you're protected from confiscation. You most likely hold gold offshore, in Australia, out of reach of the U.S. government.
Third, it's easy to exchange. You can redeem it for cash in the U.S. or elsewhere in the world.
Fourth, it's discrete. It's a lot easier to cross borders with a paper claim to gold than with a pocketful of gold coins.
Finally, I can tell you that I've been to the Mint in Perth. I've seen the gold. It's an impressive operation. Your investment is guaranteed by the government there and insured by Lloyds of London.
By holding a Perth Mint Certificate, you hold gold outside of the U.S. You have some simple offshore asset protection.
You might not have considered wealth protection before. But now it is time. Look for more DailyWealth essays on this idea all week...
Good investing,
Steve
P.S. For more on the Perth Mint Certificate Program, visit Michael Checkan's website at www.assetstrategies.com.
The DailyWealth Investment Philosophy: In a nutshell, my investment philosophy is this: Buy things of extraordinary value at a time when nobody else wants them. Then sell when people are willing to pay any price. You see, at DailyWealth, we believe most investors take way too much risk. Our mission is to show you how to avoid risky investments, and how to avoid what the average investor is doing. I believe that you can make a lot of money – and do it safely – by simply doing the opposite of what is most popular.
Customer Service: 1-888-261-2693 – Copyright 2010 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
Daily Wealth Archive |
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.