To protect your wealth from rising taxes, governments desperate for revenue and out-of control US debt.
Featuring Doug Casey and David Galland of Casey Research, with special guests Peter Schiff, Kevin Brekke, and Mike Maloney
"I cannot stress strongly enough that anyone who hopes to survive financially needs to internationalize."
Truer words were never spoken.
If everything you have is sitting within the borders of your home country – your job, investments, bank accounts, the house you live in – then you're wedded to the whims of that government.
Whether it's new taxes... regulations that slash your net income and reduce your purchasing power... or restrictions on how you can legally manage your capital... you're stuck.
The risks are especially grave for US citizens. The government here shows no signs of working to reduce the staggering national debt, now at $16.6 trillion and growing by the day. Over $5.56 trillion of that debt is held by increasingly nervous foreign investors, who sooner or later will want a better return on their money.
The government's solution? Pay back Treasury holders with truckloads of newly printed greenbacks, which further dilute the value of existing dollars and erode your purchasing power.
But there's much more to worry about than the national debt and out-of-control money creation. With the government's increasing intervention in the economy and its penchant for waging war, a disaster of historic proportions is brewing for dollar-dominated assets.
There's only one way out if you're concerned with wealth preservation – internationalize your assets now.
That's the sole purpose of Internationalizing Your Assets, a video event that will show how to give your hard-earned assets immunity from the shenanigans of your country's politicians.
Make no mistake – they will ramp up their efforts to steal what you've worked so hard for in the face of worsening economic conditions and increasing debt. As a result, all governments are virtually certain to impose restrictions on moving wealth abroad.
Failure to protect your assets while you still can leaves you exposed to:
Asset seizure – government agencies can lock you out of your bank account, your brokerage account, your business – even out of your own home. This can happen over a disputed tax bill, or if the way you handle your money gets you branded as a potential terrorist.
Consider this troubling Wall Street Journal article...
August 2, 2011 Wall Street Journal: Some 400 federal statutes – a near doubling, by one count, since the 1990s – empower the government to take assets from convicted criminals as well as people never charged with a crime. Last year, forfeiture programs confiscated homes, cars, boats and cash in more than 15,000 cases. The total take topped $2.5 billion, more than doubling in five years, Justice Department statistics show.
Investment controls – What if the government makes it illegal to buy or keep assets outside of the US? This may sound preposterous, but in the 1940s and 1960s, the US imposed restrictions and special taxes on owning foreign investments.
And it appears the government is paving the way to play this game again...
March 28, 2010 Zero Hedge: (H.R. 2487) requires that foreign banks not only withhold 30% of all outgoing capital flows ... but also disclose the full details of non-exempt account-holders to the US and the IRS.
Rising taxes – With exploding federal deficits, Americans are all but certain to be paying higher income taxes (during World War II, the maximum federal income tax rate hit 91%, and it didn't recede from that level for 18 years)
And now that Obamacare is the law of the land, this will likely happen sooner rather than later...
July 25, 2012 Committee on Ways and Means, Chairman Dave Camp: New estimates by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) confirm what America already knows – that the Democrats' health law is a trillion-dollar tax...the recent Supreme Court ruling left in place 21 tax increases as a part of that law...
Outrageous estate taxes – In the last 10 years, the top estate tax rate has been changed six times, with a peak of 49%. And consider that paying the tax won't be a one-time experience for any family that succeeds in accumulating wealth. The tax will grind away for generations...
Predatory lawsuits – A heavily indebted government isn't the only threat to wealth locked inside your home country. Anyone with substantial assets is a potential target for the lawsuit industry...
Senate Chuck Grassley (R-Iowa): "Every year, billions of dollars are wasted on frivolous lawsuits, costing jobs and damaging the economy. According to one analysis, the 2002 tort system's direct costs were $233 billion, the equivalent of a 5 percent tax on wages. Today that number is even higher; the annual direct cost of American tort litigation exceeds $250 billion."
These are just a few of the dangers you face by leaving everything you own within one political jurisdiction.
Here's another one that really hits close to home if you're an American...
On October 7, 2010, Congress held a hearing on a proposal to take over 401(k) plans and IRA accounts and roll them into a government-managed Guaranteed Retirement Account (GRA). The stated goal of the bill was to more "fairly" distribute taxpayer-funded pensions, but in reality it was designed to bail out troubled union pensions.
Those talks went nowhere, but now they've resurfaced...
January 18, 2013 Bloomberg: The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agency's first foray into consumer investments.
"That's one of the things we've been exploring and are interested in in terms of whether and what authority we have," bureau director Richard Cordray said in an interview.
As more unions face pension troubles, you can bet that calls for the government to do something will escalate. So if you have a well-funded 401(k) or IRA, the government one day may well have the power to determine what happens to it, because it's just not "fair" that you have a larger pension than the next guy.
You'll be glad you have your money out of the reach of desperate politicians if that comes to pass.
But if your retirement fund is trapped in the US, you can count on being forced to buy low-yielding US Treasuries that will lose value as the dollar depreciates... hardly a recipe for a comfortable retirement.
The gargantuan US debt is growing unabated, as is the nervousness of those who hold that debt. Meanwhile, the Fed continues to create mountains of new money – since the start of the Great Recession in 2008, the US money supply has skyrocketed over 60% and continues to rise.
Clearly, the government is intentionally driving down the dollar...
February 6, 2012 Forbes: The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years.
Potential pension takeovers... over $16 trillion in national debt... a continual erosion of purchasing power... escalating tax burdens... crony capitalism... senseless wars...
When you add it all up, it's clear that you need to start protecting your assets now.
This critical investor's briefing features five of the world's top finance and geopolitical experts, who show you how to legally protect your assets abroad:
These experts' insights have been cited in the Wall Street Journal, Bloomberg, Businessweek, the Washington Times, Newsweek, and many other renowned publications.
In this video, they reveal actionable advice on how to protect your assets from an ever-intrusive government...
Registering is easy and only takes a few seconds.
It's no secret – the government doesn't want you to move your wealth outside of your home country, and as it gets more desperate it will resort to measures that will make it increasingly difficult for you to do so. That's why it's critical that you take steps to protect yourself now.
And it all starts by signing up for Internationalizing Your Assets.
Chairman, Casey Research
Doug Casey is a highly respected author, publisher, and professional investor who graduated from Georgetown University in 1968. Doug literally wrote the book on profiting from periods of economic turmoil: his book Crisis Investing spent multiple weeks as #1 on the New York Times bestseller list and became the best-selling financial book of 1980 with 438,640 copies sold, surpassing big-caliber names like Free to Choose by Milton Friedman, The Real War by Richard Nixon, and Cosmos by Carl Sagan... Read More
CEO and Chief Global Strategist for Euro Pacific Capital
Peter Schiff is one of the few unbiased investment advisors (not committed solely to the side of the market) to have correctly called the current bear market before it began and to have positioned his clients accordingly.
As a result of his accurate forecasts on the US stock market, economy, real estate, the mortgage meltdown, credit crunch, subprime debacle, commodities, gold, and the dollar, he is becoming increasingly more renowned... Read More
Michael Maloney is the founder and owner of GoldSilver.com, a global leader in gold and silver sales and one of the world's most highly regarded investment education companies since 2005. He is author of the best-selling precious-metals investment book of all time, Guide to Investing in Gold and Silver, published in 2008.
Mike Maloney was born in Willamette, Oregon, and spent most of his youth in the Los Angeles area. He is a lifelong inventor and entrepreneur. At age 17 he traveled all over the US selling mini-bikes and go-karts...Read More
Managing Director, Casey Research
Over the course of his varied career, which includes a stint at the fabled Climax mine following college, David Galland has worked as a conference director for the world's largest investment conference (National Committee for Monetary Reform, 1979 to 1987), as a financial-newsletter publisher or editor (Gold Newsletter, the Aden Analysis, Wealth Magazine, Outstanding Investments, among others), as a founding partner and director of a successful mutual fund group (Blanchard Group of Mutual Funds), and as a founding partner and executive vice president for EverBank...) Read More
Editor, World Money Analyst
From his strategically positioned office in Switzerland, Kevin monitors the latest developments in his European back yard and digs deep on issues related to financial privacy, global precious-metals storage opportunities, the best financial houses to do business with, and other special situations.
Since joining Casey Research in 2007, he has assisted the senior editorial and research staff on several Casey publications... Read More