Showing posts with label Wealth Transfer. Show all posts
Showing posts with label Wealth Transfer. Show all posts

Finally a Presidential Candidate Points the Finger at Money-Printing






It took nearly 2 years of constant campaigning, but finally one of the men set to be President in 2013 said the words we’ve been waiting to hear.


EVG Research Team here, and we’ve been watching Mitt Romney and Barack Obama closely to see if either has a clue about the coming crisis. Or if they do, the courage to speak about it.


But so far, not one has mentioned the $1.5 trillion dollars waiting on hold at the Federal Banks, just waiting for the right moment to flood the economy with inflation.


Not one has suggested lowering the debt; not even with an empty campaign promise. They only promise to lower the deficit, in other words, the speed at which we grow more debt.


Not one has mentioned how we’ll manage to pay the interest on $16.2 trillion in debt when interest rates rise.


Inflation, runaway debt and sky-high interest rates will threaten hopes of retirement for a generation. 



The Elevation Group has a plan: Click here to discover our solution.


It seems the only option America will soon have is to honestly default on our debts and restructure them... or continue to manipulate our currency by printing more money to pay our debt.


We’d like to know which option the candidates would prefer, but for so long they were silent on money-printing and currency manipulation.



And Then it Finally Happened...


Someone mentioned currency manipulation. It was Mitt Romney, and he said...


China has been a currency manipulator for years and years and years. And the president has a regular opportunity to label them as a currency manipulator, but refuses to do so.


On day one, I will label China a currency manipulator, which will allow me as president to be able to put in place, if necessary, tariffs where I believe that they are taking unfair advantage of our manufacturers.


Wait. Someone finally mentions currency manipulation and we point the finger at China?


Wow. Let’s take a look...


Mitt Romney is suggesting China is a currency manipulator. Their crime is printing money to intentionally devalue the Yuan. In theory, this will make their exports cheaper and attractive to nations like the United States.

And that’s true. They did this for decades. BUT, this mostly stopped in 2005 when China depegged their currency from the dollar. Since then, the Yuan has been steadily growing in value.

In fact, in the last 7 years the Yuan has gone up in value 23% in dollars.


And on the EXACT DAY that Mitt Romney said these words, the Yuan set an opening record high versus the dollar.


So we have Mitt trying to protect us from China weakening the Yuan (when it’s actually getting stronger). And yet...


Who’s Going To Defend Us
Against the Weakening Dollar?


And why isn’t either candidate standing up against the currency manipulation of the Federal Reserve?


Since China has depegged their currency from the dollar, our Federal Reserve has had the printing-machines cranking at full gear... TRIPLING the base money-supply in just a few years.


And it was AFTER this happened that Mitt Romney said, “I think (Ben Bernanke) is doing as good a job as he thinks he can do.” And, “But look, I’m not going to spend my time going after Ben Bernanke. I’m not going to take my time and focus on the Federal Reserve.”


Yes, we can tell, Governor Romney.


How About The Other Guy?



And neither is President Obama, who reappointed Ben Bernanke even after all the money-printing skyrocketed.


To us at The Elevation Group, this is a clear sign that we should...



Find a Lifeboat, and Get In


That $1.5 trillion dollars is anxiously waiting to flood the markets, and the dam could break at any time. When it does, through “Fractional Reserve Banking” that $1.5 trillion could turn into $10-$15 trillion in no time.


That’ll send inflation through the roof and interest rates to the moon.


The only way to survive rising rates and prices is to find a lifeboat and jump in.


At The Elevation Group, we like to see ourselves as that lifeboat.


Our founder, Mike Dillard, watched his friends and family lose dearly in the 2008 financial crisis. And since then, he’s been circling the globe in search of contrarian financial experts to teach him and his family how to invest in these strange times.


And it’s worked. In the last 4 years of implementing these “black box” investment strategies of the ultra-rich... Mike has earned an average 77% annual return.


If you’d like to find out more about these “black box” strategies... AND how to climb into The Elevation Group’s lifeboat before the crisis really hits, then go here now: 

The Legal Lie Banks Tell You

Is Your Money Really Safe?




Did you know each time you deposit money into a bank, they’re legally allowed to...

* look you in the eye and lie, with a wink and a smile
* sell you a line of bull about how your money is kept safe in the vault
* and give you a kick in the rear on the way out?

EVG Research Team here, and we might be kidding about the last one.

At The Elevation Group, we fancy ourselves as adventure-seeking truth-tellers. That means we’ll go places others won’t dare to uncover lies, distortions and old-ways of investing that just don’t work anymore.

And this lie could be the biggest one of all.

It’s not a new lie. It’s been legal since 1913 in the United States. And it’s legal in most other countries, too.

Yet people don’t know about it because politicians only talk about it using big words in wonkish, boring speeches.

But when it’s brought down to the human-level - and you realize it’s your money they’re lying about - you just can’t look away from...


The Legal Lie Banks Tell You


The money you deposit in a bank, isn’t in their vault. It’s not in a vault across town. It’s not in a vault at your bank’s headquarters either.

It’s not in a vault at all. In fact, outside of a computer, your money doesn’t even exist.

It sounds weird, but that’s how most banking systems in the world are set up today.

It’s called Fractional Reserve Banking and it works like this...

When a person deposits say, $1,000, into a bank, that person believes their money is still there. After all, their account balance still says $1,000.

But the truth is, the banks are lying to you.

They are legally allowed to loan out 90% or more of your deposits to other customers and STILL tell you that your $1,000 is in the bank.

And the Federal Reserve, who regulates the banks, not only says it’s “OK” for the banks to tell you this lie... they’re the ones who made it possible.

They set a number called the “Reserve Ratio.” And if it’s set at 10%, then banks can reloan 90% of your money without telling you.


And This is the Real Scary Part...



Of that $1,000 you deposited, we know the bank can lend 90% of that to other customers. That’s $900.

So say a person borrows that $900 from your bank to buy a motorcycle. The borrower leaves the bank with $900 cash and gives it to the bike owner.

The former bike owner, happy to be rid of his bike, then goes and redeposits that $900 cash in the very same bank.

Now two people have deposits - one for $1,000 and one for $900 totaling $1,900 - that came from the same exact $1,000 cash deposit. The extra $900 was “BORROWED into EXISTENCE.”

This process...

 

Created the Housing Bubble and Global Financial Crisis



When money is created so easily out of thin-air, it leads to bubbles in asset classes.

Since the United States completely left the gold standard in 1971, we’ve had one bubble after another. There was the early ‘80’s gold bubble, the stock bubble of the 90’s, and just recently the housing bubble.

The current global financial crisis is in large part due to all the money that was “borrowed into existence” to buy homes at inflated prices.

But when the housing bubble popped, it set off a massive deflationary event.

People who were no longer able to make their house payments walked away from their mortgages.

And because we have a monetary system where money is “borrowed” into existence, when a borrower refuses or can’t repay the debt, the money simply VANISHES from the system.

It’s called a currency contraction, and that is deflation.

At this point, there are only...



2 Possible End Games-— and Both End Badly...



In response to the deflation from the housing crisis, the Federal Reserve quickly started “printing” more money to try and replace all the money that was vanishing.


They literally doubled the money supply in just a few weeks following the 2008 panic. And since then, the money has tripled pre-meltdown levels.


But unfortunately for the Fed and all its victims, the problem seems to be too big this time.


The money-printing isn’t working. And If they keep up the pace, we’ll see massive inflation... or even hyperinflation.


Or the Fed may recognize the problem is too great and try something more honest than money-printing. They may decide to default on our debts the honest way, by telling our creditors we can’t pay and restructuring the debt.


This would cause massive deflation as all the money borrowed into existence vanishes.


So those are the two endgames, massive inflation or massive deflation. Both of which will make the current global recession look like a walk in the park.


And it All Could Have Been Avoided



...had we just stuck with the gold standard. Instead we drifted away starting in 1913 with the creation of the Federal Reserve Bank. And we completely severed the dollar’s ties to gold in 1971.


A dollar backed by gold means money can’t be borrowed into existence to cause a global financial crisis. And it’s actually written into the US constitution that states are not allowed to use anything but gold and silver as legal tender.


We’re happy to see a major US political party announce that their party platform will call for a gold commission to study the gold standard.


To find out more about fractional reserve banking and what it’s done to our economy, jump back into the first strategy session with Michael Maloney:


How to Profit From the Greatest Wealth Transfer in History

What Happens to the “Bank of You” if the Dollar Fails?

http://theelevationgroup.net/presentation/register.php?a_aid=36cc7d72&a_bid=e6b01db8&chan=gec


The “Bank of You” is one of the most popular...and successful strategies that Elevation Group members have been using to secure their financial future.

But there are also some concerns about how the “Bank of You” will hold up if we have another 2008-like economic crisis...or worse.

Here’s a great question from an EVG member about what will happen if the US Dollar tanks:

Regarding the Bank of You, Paul Haarman said it takes around 5-7 years to break even, and after that is when things start to take off. But the Lesson #2 video was made back in 2010. So at this point in time, with our fiat currency heading ever more towards to the brink, is it advisable for anyone to start investing in the Bank of You? Will the US Dollar even be around in another 5-7 years? Thanks in advance for your help on this question.

Mary D.Paul is the EVG expert on the “Bank of You,” and he says he gets this question a lot.

But his answer is a little more complex than a simple “yes” or “no.”

Here’s why:



Everyone’s Concept of Financial Collapse is Different


When some people think of financial collapse, they envision total mayhem...

A kind of post-nuclear holocaust where everyone wanders around aimlessly...

Abandoned ghost-town cities. Smoking piles of debris littering the landscape...

People clad in dirty rags ... picking their way through heaps of junk for a morsel of food.

Is that how you see it?

If so, then realize that no investment will thrive in that reality.

Not even gold.

In that scenario, mere survival will be the only thing that matters.

But that is NOT how Paul envisions the coming financial collapse.

Why?

Well, none of the biggest financial collapses in our world’s recent (or past) history have ever looked like that.

Yes, there is always a temporary chaos as wealth transfers hands.

And yes, there are tough times for the masses ... sometimes for extended periods of time.

But in the end, a new order is always established ... and in the event of a currency collapse, a NEW currency is always formed.

Like it or not, we will most likely have to live with some form of fiat currency during our lifetime.

So even if the present form of your country’s currency collapses, there will be a new currency that takes its place.

At that point you’ll get something in exchange for your old money.

But that’s assuming a total financial collapse.

Paul feels it’s more likely that we’ll get high inflation rather than total collapse. In that case...



Interest Rates Will Move Up With Inflation


The second thing to remember is that interest rates and inflation generally go up in lock-step.

So if we start seeing 10% annual inflation, the interest rate you earn in your Bank of You will also go up.

Some readers may remember the high inflation of the late 1970’s into the early 1980’s.

Back then you could earn 17% on a one–year Certificate of Deposit (CD).

Right now, inflation is at 2.5% and you can earn around 10% in a Bank of You.

That’s a 7% spread.

Once inflation hits 10%, you should easily be able to earn up to 17% in your “Bank of You.”

Which brings us to the final point...



The “Bank of You” Protects You During Inflation or Deflation


A properly set up “Bank of You” will protect you from future high inflation...

...but it can also save you if we get deflation.

We’ve already seen how deflation could be part of our future in a recent newsletter.

Most investments work well only in one scenario or the other. Either in deflation or inflation.

In fact, many investments will completely crash if used in the wrong situation.

Not the “Bank of You.”

Properly set up, a “Bank of You” steadily increases your wealth during either scenario.

It works that way because it has the income-producing abilities of an inflation hedge, and the cash-like qualities of a deflation hedge.



Final Thoughts


No one can say with 100% certainty what the future holds.

Will there be high inflation? All signs point to that.

Will there be deflation? At least one realistic scenario exists where that could be our fate.

With most investments, you have to make an educated guess which scenario is coming.

At EVG, we’re betting more heavily on the inflation side.

But with a “Bank of You,” you’ll be protected either way.

It won’t matter if the US Dollar tanks ... or even disappears.

Frankly, you’ll never get the timing of any investment absolutely perfect.

What’s more important is understanding the Wealth Cycle we are in and how that will affect your long-term investment goals.

Once you are convinced in your own mind that a particular investment makes sense, the final step is actually committing to it...pulling the trigger and making the investment.

Now is a good time to review Lesson 1 on wealth cycles and Lesson 2 on the Bank of You.

If you have specific questions about setting up your own “Bank of You,” give Paul a call.

As a member, you have access to his contact information on the Resource Page in the members area.






This article is reprinted courtesy of The Elevation Group. To find out more, please visit their website at:http://theelevationgroup.com

How To Create a Billion Dollar Family Legacy

As you increase your wealth, there will come a day when you begin to think about how you can pass on your life's work to your children.

You start to think about how you can leave a family legacy that will last for years.

This is important stuff. And the sooner you start thinking and planning, the better off you'll be.

Because, as you well know, you can't take it with you. ;-)

The question is: What's the best way to leave it all behind?

And how do you structure your wealth and assets so that the maximum amount goes to your children--and the least amount goes to the tax man?

Last but not least, how do you make sure that what you leave behind doesn't ruin your kids?

These are the questions we answer in Lesson #4: How To Empower Your Children To Create A Billion Dollar Family Legacy.

For this lesson, investment expert Paul Harman joins me once again. As you watch the videos, you'll discover:


What you should pass on to your kids and why.

What Ayn Rand said -- The one principle you MUST understand about the nature of inheritance and the heirs that receive it.

How to teach your children to grow their inheritance into a Billion dollar fortune within 3 generations.

How to use this strategy to bring your family together, and develop your children into leaders.

The 100% fool-proof way to increase the size of your family's wealth every single generation (just like the Rothschild family has done).Along with the 3 training videos, you'll also receive 3 supporting documents available as PDF downloads.

Go ahead and begin Lesson #4 here.




This article is reprinted courtesy of The Elevation Group. To find out more, please visit their website at:http://theelevationgroup.com/

Is it Too Late to Collect Your Share of the Wealth?



EVG Research Team here, and there’s a question we've seen come in from EVG members that need to be answered.

But first some background...

...Every week hundreds of take-charge individuals join us at the Elevation Group (EVG) to both protect and grow their wealth.

They realize a storm is brewing; and that...

  • Debt crises in the US and Europe threaten the global economy...
  • The 2008 crash will be DWARFED by the next crash, set to hit in 6-36 months.
  • Keeping your wealth in dollars or any other currency at a time like this is risky...
  • IRAs and 401ks used to work for retiring “middle class” - but don’t anymore.

AND most importantly...

  • That you must take proactive steps to make sure you’re not wiped out by the next great wealth transfer.
So at EVG, we don’t just plan to survive the next financial crisis... we plan to thrive and prosper.

Because of the financial experts we’ve assembled, we know that...

  •  The safe play is buying gold and silver and holding for the time being...
  •  A traditional bank account is no place to put your wealth.
  • The “Bank of You” can produce 6%-10% returns with zero risk.
  • Twenty-percent returns or more are possible when you know how to stack investments.
  • And taking on long-term fixed rate mortgage debt is a fantastic idea as we head into hyperinflation, when paying back loans will be super easy.

But the most common question we get is...
“Is it too late to start all this now?”
Absolutely not. And that’s one reason why we were so happy to see this message come in from Joe D.
“At first I was overwhelmed simply because I'm young, don't have any money saved up, and was at that moment living paycheck to paycheck. With the little changes that I've made, I've gained more and more confidence.
~ Joe D.Joe D. is young. Had no savings. And has none of the advantages an older investor might have...

...but HE got started! And in my book, he’s well on his way to not just surviving - but THRIVING - during the next great wealth transfer.

Joe had nothing financially when he joined The Elevation Group. And now look at his progress!

I've invested in precious metals, purchased a few firearms and have taken courses on how to operate them as they carry a tremendous responsibility.
The great thing about Mike and The Elevation Group is that they decisively select the most important topics today and present them at the right times. We're not being given all the information at once and for me it's great that he gives us just enough time to learn each lesson before moving on to the next.
It's still a little difficult being that I started practically with nothing but with what little money I was able to save up from my paychecks I invested back into myself and my future business...
...There's no doubt in my mind today that I will have a business in real estate and hopefully not as an agent but as a true investor. EVG has given me the proper information and tools to take action and be a successful entrepreneur. It is with faith that I can share with the EVG community that the day will come when I can quit my job and be an entrepreneur like Mike and his partners/colleagues. 
Thanks Mike and The EVG!!! Regards, Joe D.

SilverSaver(R) - Save Physical Silver and Gold

Joe is using Elevation Group lessons to save, invest in precious metals, start a business and even protect himself if the US turns into Greece.If you’re starting from scratch with no savings, you can follow Joe’s lead by becoming a member and growing a solid financial foundation.

And if you have wealth that you need to grow and protect in this economy, jump back into one of our 20 lessons revealing the investment strategies of the ultra rich.

There's plenty here to take you to the next level:

Click Here to Go to the Members Area Now



This article is reprinted courtesy of The Elevation Group. To find out more, please visit their website at: http://theelevationgroup.com/

How to Invest Like the Rich




Government deficits, weakening currencies and economic chaos are waking people up to the sad  truth that it’s getting harder to leave your children with a higher quality of life than you had. If not down right impossible; or so it seems, but we are going to look at why there is hope for the the economic future of the next generation.

Recently, a Fox News scientific poll revealed that about 57% of Americans believe their children will be worse off than they were and are. If this is true, it will be the first time in generations. Does this concern you? It should!




And it’s the same everywhere around the world. Studies show Britain living standards stopped rising nearly a decade ago and that this current generation already has it worse off than their parents. This really shouldn’t come as a surprise since the American dollar is basically the standard world wide. When every nation does the same thing, using similar economics, why would we expect a different outcome? The definition of insanity is doing the same thing over and over again while expecting to get a different result. Apparently propping up the economy with fiat money is not the answer we are looking for.


If you wish to leave your family with more than you were given, then you need to shake things up. You need to invest differently than the Average Joe. You need to invest like the rich. Lets take a brief look at two of the richest families in history. We will see how one saw its fortune pass on and grow from generation to generation, and the other… well, read and find out.


Mayer Amschel Rothschild grew rich in the mid 1700’s by starting a bank and keeping it in the family. He sent his five sons to set up a “bank branch” in five different economic hubs in Europe. And each was very successful. Instead of letting later generations simply inherit wealth for them to squander, the Rothschilds continued to start banks run by members of the family. Just 100 years later Rothschild banks filled all corners of Europe: Paris, London, Frankfurt, Vienna, Naples and more. At least 6 branches of the family were elevated to royalty. And even today the world is littered with Rothschild businesses, banks and charities. The Rothschild family legacy has gone on for 300 years and it still seems to be going strong.


While I don’t agree with many of the philosophies the Rothchilds hold to, their multigenerational thinking has led to a great economic future for their posterity.


Now contrast this with Cornelius Vanderbilt, whose shipping and railroad empires made him one of the richest men in the world in the mid 1800’s. Cornelius Vanderbilt lived modestly. But his offspring built lavish mansions and blew through wealth as fast as it came in.

The Vanderbilt fortune was squandered in just a handful of generations. It is said a direct descendant of Cornelius died broke just 48 years after he did. And there are no millionaire Vanderbilt’s alive today who didn’t make their money on their own.



So what made the difference?


The Rothschilds passed along much more than just their money from generation to generation. They transfered a value to thinking long term, to consider the next generation and the economic future. AND YOU CAN TOO!



Click Here - This is valuable information that will change your life and the way you think about money, education, assets, family, government, etc.








This article is reprinted courtesy of The Elevation Group. To find out more, please visit their website at: www.theelevationgroup.net
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