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: 

Click Here To Watch The Free EVG Presentation

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

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

Do You Have Enough Gold & Silver to Ride Out the Economic Crisis in Comfort?

With the fed promising to print more money until INFINITY, the window to buy gold and silver before prices skyrocket is quickly closing.


EVG Research Team here, and a fantastic question we often stumble upon is this:

“How much gold or silver do you need to ride out the economic crisis?”



Great question, and we’ll break it down for you below.

But first, know this.

The Elevation Group strategy isn’t just to “survive” the next economic collapse. And however much gold and silver you’ll need to ride out the financial storm is just the bare minimum you should buy.


The real EVG “black box” strategy is to collect your lion’s share of the wealth transfer that’s about to occur.


Let me explain...


Whenever an economic collapse occurs, real wealth doesn’t disappear, it just changes hands. That’s why more millionaires were created during the Great Depression than at any other time before in American history.


Purchasing gold and silver the right way... and then maybe the most important part, knowing when to sell at the right time... is how we at The Elevation Group plan to capture enormous amounts of wealth as it changes hands.


BUT... it’s also important to factor in how much gold and silver you’ll need just to keep up your way of life and pay your bills.


There’s an easy way to do that, but you have to understand...

The Gold & Silver Pricing Mystery

In a US Presidential debate last year, Rep. Ron Paul famously pointed out that you can still buy a gallon of gasoline for a dime...


...a SILVER dime, which all dimes were prior to 1965.


Paul told the astonished crowd that a silver dime and one gallon of gasoline were both worth roughly $3.50... and he was right!


As the price of gas, food, and other goods and services go up overtime, they do so only in terms of dollars. Priced in gold, they stay relatively the same.


And that’s been true for thousands of years.


For example, gold has long been tracked to the price of a man’s suit. This was true when the Romans ruled all, when Beethoven wrote symphonies, and when Jefferson penned the Declaration of Independence...


...an ounce of gold always seemed to hover around the price of a decent man’s suit.


Knowing this, a good rule of thumb to make sure you have enough gold and silver for a crisis is to...

Count Up Your Bills Priced In Gold

1) Get out those receipts and count up how much you spend each month on groceries, gas, rent, cable/internet, cell phones, utilities, entertainment, etc. Then multiply this number by 12 to get an annual figure.


2) Also factor in how much you spend per year on clothes, sports and other expenses that might be seasonal. No need to multiply it, just add this to the previous number.


3) Then add in an extra $500-$1000 for unexpected expenses.


One bill you do NOT have to factor in is your mortgage payment, if you have one. Unlike rent that can be bumped up every 6-12 months when your lease is done, your mortgage payment stays the same.


Same with a car payment. And that means when inflation drives up the cost of everything else, including gold, these expenses actually shrink in terms of gold.


OK, after following those 3 steps you should have your annual expenses totaled up.


Time to think about taxes...


Gold is considered a collectible for tax purposes, so when sold it can be taxed at up to 28%. (And actually, it can be taxed for more, but you can find out all those nitty-gritty details inside your member's area.)


4) So go ahead and multiply your annual expenses by 1.28, meaning 128%, just to be sure.


Got it?


5) Now divide that total by the current gold price: $1,776.


6) This new number is roughly how many ounces of gold you’ll need PER YEAR to get through the crisis without changing your standard of living. The next step is to...


7) Determine how many years the crisis will last, and multiply your current total by that. This will tell you how many ounces of gold you’ll need to ride out the crisis.


It’s impossible to know for sure how many years the crisis will continue. But during the infamous crisis of Germany’s Weimar Republic, high inflation lasted for 4 years - and that’s not a bad guide to use.


After you complete these steps, you should know how much more gold you need to buy to get prepared.

But Don’t Forget to Collect Your Share of the Wealth Transfer

Because again - at The Elevation Group, we’re not settling for “keeping our standard of living” during the crisis.


Instead, we’re using our knowledge of the looming crisis to position ourselves to collect the lion’s share of the wealth transfer.


With infinite money-printing on the horizon, there’s little time to lose. If you haven’t already, check out these strategy sessions on buying gold and silver now:


Everything You Need to Know About Buying Gold & Silver





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

12 More Signs Gold Is Ready For Take Off!

Gold has risen in price every year for 10 years straight. Yet in 2012, gold seemed to take a needed breather.

EVG Research Team here, and the breather looks to be over. Gold looks primed and ready to continue it’s historic climb upwards.

 

 

3 Kinds of Telltale Signs

When gold is getting ready to shoot higher, there are 3 telltale signs to look out for: increased demand, money-printing, and a global loss of faith in the US dollar.


And browsing the news this summer, these 3 signs seem to show up everywhere you look.


Here are just 11 we've spotted in the last 35 days.

• Former US Treasury Secretary Buying Billions Worth - John Paulson left the US Treasury to manage the world’s biggest bond-fund manager: Pacific Investment Management. And he just increased the companies gold holdings to $2.4 BILLION. (Reported Aug. 22)

• Central Banks on a Gold Buying Spree - In 2011, central banks around the world bought more gold than in any year since Richard Nixon was President. And this year, they’ll beat last year’s gold-buying record by nearly 10%. (Reported Aug. 17)

• US Dollar Running on Fumes - The dollar is falling in value fast. It’s at a 4-month low vs. the EURO - despite Europe’s current financial crisis. If it keeps up we’ll see $2,000+ gold in no time. (Reported Sept. 12)

• Hong Kong’s Shipments of Gold to China have DOUBLED! China hasn’t told the world how much gold it has since 2009, but sometimes Hong Kong can give you a clue. Their July reports showed gold exports to China DOUBLED from July of last year. (Reported Sept. 9)

• China’s Sneaky Gold Moves - Rather than buying existing gold off the market, China’s making bids for gold mining companies around the globe: in Brazil, Africa, Australia and more. So instead of buying gold, they can just mine and keep it. (Reported Aug. 17)

• European demand rising! The German Constitutional Court just ruled that the European Central Bank can keep printing money, pushing Europeans to buy more gold to protect against inflation. (Reported Sept. 12)

• India Begging Citizens to Stop Buying Gold - Gold is a big part of the Indian culture, and their demand for the metal keeps prices high. So now their central bank is practically begging citizens to stop buying gold. They warn it’s an awful investment because it’ll likely just be given away at a wedding anyway! (Reported Sept. 7)

• George Soros Doubling His Stake in Gold - He’s the infamous investor who first saw the English pound was weak... and then almost single-handedly brought the currency to its knees with a $10 billion short, making himself a cool billion in profit. Now he sees the future of gold, and he just doubled his fund’s stake in SPDR Gold Shares. (Reported Aug. 22)

• US Republicans Want to Return to a Gold Standard - The US Republican party platform was updated in August - and a commission to study a return to the gold standard was added. If enacted, a gold standard will make the price of gold SOAR. (Reported Aug. 24)

• World’s Largest Mutual Fund Agrees. The Total Return Fund, managed by Bill Gross, is buying gold now, and has been all of 2012. It’s the world’s largest mutual fund, and they expect gold to rise quickly. (Reported Sept. 4)

• World Gold Council Predicts A Move to Gold... and away from the US Dollar. Since the 2008 crisis, the US dollar has been the safe harbor to store wealth. But the World Gold Council now predicts the game is over - and gold will be the world’s currency hedge. (Reported Aug. 16)

And the NUMBER ONE Reason Is...

The Fed just announced a new round of “money-printing,” known as “QE3.”


It is, of course, the third time the Fed has tried “quantitative easing” - or money-printing - to fix the economy. And each time gold has jumped significantly higher.


But this time it’s even MORE BULLISH for gold.


When QE1 and QE2 were announced, the Fed let it be known upfront how much money they were willing to “print” beforehand.


This time, QE3 has no such limit. The Fed announced it’ll continue to add $85 billion per month - or $1 TRILLION per year - to the economy.


That’s when the M2 Money Supply shows there’s currently only $10 trillion in the economy. So the fed just promised us a 10% increase in the M2 Money Supply per year...


...otherwise read, a PROMISED 10% INFLATION per year.

That means if you keep your money in a bank account, you’re essentially LOSING 10% per year.

The best alternative is to buy gold & silver - two historical investments people flock to in times of a currency crisis.


In fact, in the hour following Ben Bernanke’s announcement of QE3, gold jumped by over $30! Overall, gold is up 10% since rumors of the Fed’s actions started swirling.


To find out more about buying gold and silver, jump back into this exclusive strategy session with Mike Maloney:

Everything You Need to Know About Buying Gold & Silver

And just as a friendly word of advice, this time it’s different. Not only did Ben Bernanke promise unlimited new money-printing to fix the economy, he also promised to keep going even after “things get better”:

“...a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economic recovery strengthens” ~ Ben Bernanke September 13, 2012

The time is NOW to protect yourself from Bernanke’s inflation and ride the gold boom upward.




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