Showing posts with label gold. Show all posts
Showing posts with label gold. 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

How to Invest in a World of Peak Energy

 While everyone’s eyes stay glued to the boob-tube, watching entertainment “news” obsess over the global financial mess...


...there’s another silent economic threat inching closer by the minute. But we may be the only one warning you about what scientists already know.



The threat breathes a stench of industry, sulfur and dirt. It speaks the sounds of clanking metal, overwhelming electric hums, and men who curse like sailors as they work.


But the scariest part comes when the awful stench and rackety noise are replaced by fresh air and silence. When the ruckus stops, the economy dives into a tailspin.


What is the threat?



The Silent Economic Growth Killer Is...



Peak energy; or more specifically, peak oil.


Peak oil is when the rate of oil being extracted from the earth maxes out.


http://theelevationgroup.net/presentation/register.php?a_aid=36cc7d72&a_bid=e6b01db8&chan=gec
At that point, the number of barrels produced each day will start a steady decline. Eventually we’ll run out completely or abandon oil for another energy source - which will take precious time to develop.


It’s a disaster waiting to happen for economies that assume the energy needed for growth is simply unlimited.


This faulty assumption is made by economists all the time.


But as economist and scientist Chris Martenson puts it, “Classical economics tried to convince me that growth depended on such things as capital, production, labor...but never really accounted for resources. They just show up on time in the desired quantities. Actually, as a scientist I know that all growth and complexity depend on energy.”


And he’s right.


Just look at this chart showing how oil consumption flatlines or drops dramatically during recessions, but then reaches a new record level during periods of growth:



Source: United States Energy Information Administration


This chart illustrates for an economy to grow, their must be enough oil to fuel the expansion.


And once the oil stops flowing, the industries that depend on it - and that’s virtually all of them - will have to change drastically or close up shop.


Now, I know what some of you are thinking...



“Is Peak Oil Real? Or Just Another ‘Whacko’ Claim?”



Some people equate “peak oil” with “global warming,” and dismiss both as politically motivated agendas of environmental “whackos.”


But as Chris M. says, anyone who’s ever had a drink with a straw understands the basic concept behind peak oil. At some point, the source always runs dry.


And far from a conspiracy theory, it is now accepted fact that we are on the verge of peak oil... if we haven’t reached it already.


Even the International Energy Agency - who’s known for painting rosy pictures about oil - is admitting oil production might drop 25% before 2035.


And to make up the difference, we’d need to find new oil fields that produce twice as much as all the middle eastern countries combined produce now.



How Will This Affect EVG’s “Black Box”

Investment Secrets of the Ultra-Rich?



That’s a good question.


And a savvy EVG member recently wrote in with a similar question. He specifically asked how peak oil will affect the “Bank of You,” an EVG strategy that PAYS you to borrow money.


Here’s the question from Mike H, edited for brevity:


Is a "Bank of You" account still a good choice in a world of peak energy? Exponential economic growth depends on surplus energy. But, if we are in fact past peak energy, will it still be able to provide these strong rates of return? 
 -Mike H.
Pensacola, Florida


Good question, Mike.


We asked Paul Haarman, the EVG expert and certified financial advisor who brought us the “Bank of You” strategy. Here’s what he had to say...



Can the “Bank of You” Survive Peak Oil?



Paul Haarman: That's completely irrelevant. It's completely irrelevant. Because you need to look at the Bank of You’s intended use.


I'm using it as a foundational operational account.


When your parents first tell you about one of the basic, most foundational things you need just to function in society - it’s a checking account. The “Bank of You” is like a checking account.


But I call it an operating account. This is operating capital. And you're also going to be able to leverage the account.


So rather than settling for the 1% or 2% that a bank is willing to give you, you're able to take control of it.


The money is guaranteed against any loss of principal. It is liquid and you're getting a reasonable amount of return.


Woah, woah, woah. That’s a lot to cover, so let’s break it down.


Most EVG members first experience with a bank is a checking and savings account. The “Bank of You” is very much like a checking and savings account.


The money is easy to access - meaning it’s liquid - just like a checking account. But it also provides a much higher return than the 1%-2% of most savings accounts... as high as 10%, sometimes even more.


And one of the cool things about the “Bank of You” is that it’s also an asset. That means you can “leverage” your account by borrowing against it. And because of its special structure, you actually GET PAID interest TO BORROW.


The best part is, you can use that borrowed money to invest in other EVG investment strategies. So then, not only are you earning interest on the borrowed money, but you’re also getting an additional return from an additional EVG investment strategy.


That’s leverage, and that’s the secret to real wealth.


So what happens if peak oil causes the economy to stop growing and the previously hot investments do not work anymore? We asked Paul, and he said...


Paul Haarman: You go to the next big thing. There's always something. And if not, you throw your money back in the “Bank of You” and now you're earning whatever rate of return that's going to get.


When peak oil hits the economy like a wrecking ball, it’ll be because our transportation infrastructure is designed for oil. And businesses that depend on it will go under.


But at the same time, there will be opportunity. Because a new infrastructure will have to be built based on a new energy source. So even when disaster hits, the economy will need MONEY to reinvent itself.


And if you have money in the “Bank of You,” then you’ll be able to lend that money to growing industries and earn a return.

And besides...


Even Our “Peak Oil” Expert Agrees...



...that you should have a decent chunk of your wealth as cash in a bank.


Chris Martenson - economist, scientist and peak oil expert - is 20% in cash. And the “Bank of You” allows you to be almost as liquid as cash under a mattress - it’s that accessible.


So thanks for the question, Mike H. It was a good one.


All in all - the “Bank of You” strategy is another EVG investment that successfully navigates the the economic crises coming our way... including Peak Oil.


If you want to learn more ways to prosper in a time of Peak Oil, check out this EVG strategy session with Chris Martenson now:

How to Invest in a World of Peak Energy

Why Gold Could Be WAY More Profitable Than Just An Inflation Hedge


We’ve repeatedly made the case that precious metals, especially gold, are not so much an investment, but a hedge against inflation.


And having an inflation hedge is very important.


It preserves your hard-earned wealth from being nibbled away by yearly price increases ... or from being completely devoured by future runaway inflation.


But there’s a nasty little reality many people don’t talk about: At it’s best, an inflation hedge only keeps you “level.”


In other words, a hedge is more of a wealth preservation tool than an investment vehicle.


A good inflation hedge means that your purchasing power isn’t diminished.


Since most people own an automobile, let’s use gasoline (petrol) as an example.


Gold as a Hedge Against Gasoline Inflation



Let’s wind the clock back to April of 2009.


The world was just recovering from the bottom of the great stock market crash of 2008 (the bottom actually came in March of 2009).


All kinds of bailout money and stimulus funds were flooding the market. All those cash injections made people feel that the worst was over and that life might actually get back to normal.


Here are three key numbers from April of 2009 we are going to use to make our comparison:


1. The average price of gas was $1.95 per gallon in the U.S.


2. Gold was at $890 per ounce.


3. The average hourly salary for U.S. workers was $18.53.


Using these numbers, it would have cost $975 for a year’s worth of gas (using the US government’s estimate of 500 gallons per year for the average American).


That means the average worker had to work 52.6 hours per year just to pay for his yearly gasoline requirements.


However, the price of gas has steadily risen over the last three years.


In fact, the price of gas went from $1.95 per gallon to $3.85 in April 2012. That’s a 97.4% increase! Talk about inflation!


During that same time, the average hourly wage earner has only seen a 6.3% increase in wages.


That means you have to work a lot more to buy the same amount of gas. Here’s the table that shows it:





So, you now have to work 45.1 hours MORE each year to pay for the same amount of gas.



During that same time, the price of gold has risen 85.3%. So gold has actually been a very good hedge for gasoline prices.


Here’s another way to look at it. If you had taken the yearly amount needed for gas in 2009 ($975) and put it in a savings account, you’d now have $1,005 (at 1% interest).


If instead you had used that $975 to buy gold, your gold would now be worth $1,808.


So now your gold would still purchase about a year’s worth of gas. But the cash you kept in your bank account would only buy a half-year supply of gas.


So once again, using gold as an inflation hedge for gasoline has been great over the last 3 years.


But that’s a pretty small sample of time ... and it’s only measuring one commodity.


When we start to look at the bigger picture, we find that....


Gold Is NOT a Great Inflation Hedge


I know that probably sounds crazy coming from us here at EVG. After all, isn’t that exactly what we’ve been saying for the last two years?


Well, yes and no.


As we’ve already shown, gold HAS been a fantastic inflation hedge over the last decade or so.


But if gold were a TRUE inflation hedge, it would always protect against price inflation.


But it hasn’t.


Here’s a case in point.


Back in April of 1987, you could buy an ounce of gold for $440. During the next 17 years, the U.S. experienced a 3.5% annual inflation rate. By 2004, the price of almost everything went up by a lot...


Except gold.


If gold were a true inflation hedge, that ounce you bought in 1987 for should have gone up in price. Instead, it was only worth $405 in April of 2004.


In fact, during those intervening years, your 1987 gold purchase never once kept pace with inflation.


So why do we encourage adding gold to your investment portfolio now?


Because even though gold is a hit-and-miss inflation hedge ...



Gold Is an Awesome “Chaos Hedge”



You see, during times of economic uncertainty, gold acts like a collecting spot for all the wealth being lost elsewhere.


And if economic conditions get more chaotic in the future (we’re sure they will – see below) gold is going to blow the socks off any mere inflation hedge.


Here’s an illustration that might help:


Think of wealth like cups of water lined up on a counter top.


One cup is labeled “Stocks.”


Another is labeled “Treasury bonds.”


There’s also a “Municipal bond” cup, a “Corporate bond” cup, and a “Real Estate” cup.


They all are filled with varying amounts of water.


During times of economic stability, each cup would be about equally filled up to the halfway point.


But as economic cycles shift, the water changes cups.


Certain conditions cause investors to transfer wealth from the “Bond” cups to the “Real Estate” cup.


Other economic factors might cause people to sell their “Real Estate” and pour the proceeds into the “Stock Market” cup.


And so on.


When an economy is healthy and stable, the amount of wealth in the cups remains fairly well balanced.


But as economic conditions change, one cup gets filled too high, spills over, and causes a big mess.


That’s what happened in 2007 when the housing cup got too full. Then in 2008, the stock market cup overflowed.


A lot of that wealth overflow spilled into a cup labeled “Gold” ... which is why the price of gold has gone up so much since 2007.


Gold has simply been “collecting” much of the wealth lost in those two bubbles that burst.


But believe it or not, the gold cup is still only partially filled. And other, big bubbles are getting ready to burst.


How Full is the Gold Asset “Cup?”




Some experts say the gold cup is a quarter full. Others say even less than that.


Any way you look at it, gold is NOT the bubble that’s ready to burst now. (It will, in the future. More on that below.)


But, many people are still “afraid” of gold...or ignorant of its wealth-collecting properties. They think the cup has already reached its limit.


But during times of economic uncertainty, when no one is confident that ANY of the cups are a safe place to store their wealth, people start selling off assets and pouring that wealth into the cup labeled “Gold.”


This happened once in recent history, back in the late 1970s and into the early 1980s. Gold became so popular that everyone wanted it. Lines at coin shops snaked around corners for blocks and blocks.


Every janitor, school teacher and garbage collector wanted gold. People who knew nothing about gold were trying to buy as much as they could afford.


We aren’t anywhere near that level of gold “awareness.” In fact, despite all the publicity gold has received, the majority of people still do not own gold, and have no plans to.


But they will.


Just like in 1981. It will happen sometime in the near future ... when every other asset is considered “untouchable.”


That day is still off in the future. But it’s coming.


There are still sound reasons why the price of gold has shot up over the past four years ... and why it should continue to rise for the foreseeable future.


It’s not any ONE thing. It’s a collection of economic conditions and government reactions like:


• Soaring sovereign debt in Europe, the U.S. and throughout the world.
• Rampant deficit spending that continues to push the national debt higher rather than lower
• Unsustainable growth projections Wall Street has imagined
• Mounting student debt and consumer debt,
• Stagnant home prices,
• High unemployment,
• High (but sneaky) inflation,
• Negative yields on treasuries,
• Excessive money printing


This is NOT stability. Frankly, our economy is on the brink of chaos (and remember, gold is an AWESOME chaos hedge).


Eventually one of the above problems will hit critical mass and start a domino effect of financial crisis.


Like 2008. Only worse.


Then true chaos will hit. People will panic, and they’ll start to empty all their cups – stocks, bonds, whatever.


And not finding any other safe place, they’ll likely dump it much of it into the one remaining safe haven – the “Gold” cup.


That’s when gold will be king.


Eventually, the “Gold” cup, too, will reach the top and start spilling over.


When that happens, it will be time to sell your gold. The great wealth transfer will have commenced. At EVG, we’ll let you know exactly when we’re there and when we’re selling.


In the meantime, understand that we aren’t even close to that point yet. Gold has a long way to go.



Creating Your Own Chaos Hedge Now



As we’ve mentioned before, we don’t try to “time” our gold purchases perfectly.


If you are able, buying a set amount of gold each month is a great way to create your chaos hedge without getting emotional about the price.


And if you haven’t started yet, now is likely a great time to get in before gold rockets higher.


But before you make the plunge into gold, get educated. There are good types of gold to buy and bad types. (And you don’t want to get caught with the “fools” gold when chaos hits. It won’t help).


No worries...


Your EVG membership site has two complete (and very thorough) modules on buying and selling gold you won’t find anywhere else.


The most recent update from Mike Maloney (2012 Precious Metals Update With Michael Maloney…) also talks about the looming Wealth Transfer.


Another great review is How To Profit From Hyperinflation – An Exclusive Webinar With Gonzalo Lira


In short, you’ll learn all the ins-and-outs of how to buy at the best price, in the proper form, where to store it, and how to maximize your tax advantage when selling your gold.

Paul Haarman's View on the Shift Economy

There is so much to gain from this group. I highly recommend that you click on the link below and soak as much information in as you can. We have a small window of time to maximize our profits as the currency continues it's decline. Some of us will be wiped out economically. But some of us will come out on top. It's a matter of educating yourself and making certain choices today.



Click HERE for more information.

Facebook Founder’s “Vanishing Act” Has Many Riled Up

Facebook’s recent initial public offering (IPO) generated a lot of media buzz. But the actions of one of its founders created a public outcry.


Facebook’s recent IPO made instant billionaires out of all four of the original Facebook founders.


You’ve likely heard of Mark Zuckerberg. He’s the main founder and current CEO of Facebook.


At the tender age of 28, his net worth soared to $19 billion after Facebook’s IPO in May.


Eduardo Saverin is one of the lesser-known founders or Facebook with less than a 5% stake ... but he’s still worth an estimated $3 billion dollars after Facebook’s IPO.


In case you missed the news ... last September Eduardo did what many feel is the unforgivable sin.


He renounced his United States citizenship.


The IRS revealed Eduardo’s decision in April 2012. The public outcry was immediate.


Angry citizens flooded blogs and message boards calling Eduardo a traitor. They accused him of being unpatriotic.


Maybe you’re angry at him too.


After all, a young kid makes billions of dollars, benefits from the American way of life, and then renounces his citizenship?


Sounds pretty selfish. Greedy. Un-American.


“Running away to avoid paying taxes?” they complain. “Shame on him!”


But once you hear Eduardo’s backstory and understand his family history, you may change your mind about his actions.


And even if you don’t change your mind about Eduardo, you’ll definitely learn an important lesson about your own “sovereignty”...


...and how it could mean the difference between the Poorhouse and Easy Street for you and your own family in the coming financial crisis.


The First Flight Was to Protect the Family’s Life



To understand Eduardo Saverin’s decision, you have to go back two generations.


His grandfather, Eugênio Saverin, was a hard working and industrious entrepreneur. But being a Jew living in Germany during the 1940’s didn’t mix well.


Rather than face concentration camps, Eugênio snuck his family out of Hitler’s reach and resettled in São Paulo, Brazil.


Eugênio brought nothing with him except his entrepreneurial spirit.


But that was enough.


By 1952, he founded the kidswear brand “Tip Top,” which went on to become the most popular brand of children’s clothing in Brazil.


The Second Flight Was to Protect the Family’s Fortune



Eugênio had a son, Roberto, who grew into the family business.


Using the entrepreneurial spirit he inherited from his father, Roberto grew Tip Top into a successful franchise of retail chain stores in Brazil.


He increased the family’s wealth by investing in real estate and in some of Brazil’s vast natural resources.


But in 1993, Roberto packed up his bags, took his wife and child (Eduardo) and fled the country.


He did it because of the economic chaos brewing in Brazil at that time. Then President Fernando Collor had just frozen all savings accounts.


Roberto knew more capital controls were coming.


Rather than hand his family’s fortune over to people who hadn’t worked for it, Roberto migrated to the United States. He and his family started a new life in Miami, Florida.


Eduardo Saverin was 11 years old at the time. A few years later he and his family went through the legal process of becoming U.S. citizens.


Up until September, 2011, Eduardo maintained a dual U.S. citizenship along with his native Brazilian citizenship.


(Here’s an interesting side note. Many internet sites claim that Eduardo’s family fled to the U.S. because young Eduardo’s name was found on a list of possible kidnapping targets due to his family’s wealth.


The story spread like wildfire after the book "Billionaires by Chance" presented it as fact.


While it’s a compelling story, we did a little more digging to find out if it was true. What we found was a recent interview (June 2012), given in Portuguese for the Brazilian news magazine, Veja.


In that interview, Eduardo explains that the names of his father and grandfather had been found on a kidnapping list, but the family only found out about it years after moving to the U.S.


(Just thought you’d like to know the real story.)


How America Made Eduardo Rich



Eduardo spent his teenage years growing up in the Miami area. He was a top student and a chess prodigy (The International Chess Magazine featured him after he beat a chess grandmaster at the age of 13).


He enrolled at Harvard University in 2003 to study economics. That’s where he met Zuckerberg and became the first investor in Facebook.


The rest is history. Facebook has gone on to become the most popular website on the planet. During its rise in popularity, Eduardo watched his own net worth skyrocket into the multi-billion dollar stratosphere.


He’s now one of the top 100 richest people in the world.


So it’s easy to see why people are mad. It seems obvious that Eduardo gave up his U.S. citizenship to avoid paying taxes on his newly acquired Facebook fortune.


That’s not entirely true, though.


He’s been living in Singapore since 2009 and loves it there. It’s the place he’d like to make into his new home.

The Third Flight Was to Protect the Family’s Legacy


And that’s why many tax experts think Eduardo’s strategy has nothing to do with avoiding taxes ... at least not right now.


You see, he’s NOT getting off scot-free. The U.S. requires everyone who renounces his or her citizenship to pay a 15% exit tax.


That means Eduardo will be paying hundreds of millions of dollars in taxes to the U.S. – even if he doesn’t cash in his Facebook stock.


Here’s how Eduardo describes it in his Brazilian interview (translated from the Portuguese):


“The decision [to denounce his U.S. citizenship] was strictly based on my interest in living and working in Singapore. I am obligated and I will pay hundreds of millions of dollars in taxes to the American government. I already paid and I will keep paying whatever taxes I owe based on my time as a U.S. citizen.”


Paying the exit tax now will likely trigger a bigger financial hit on Saverin than if he had kept his U.S. citizenship.


You see, according to United States law, you don’t pay taxes on capital gains until you cash out. Many wealthy people simply borrow against their unrealized capital gains and live tax-free until after their death.


But, once you die, your estate can get hit with a 35% inheritance tax.


Tax experts are guessing that Eduardo would like to pay his exit tax now rather than give away a third of his fortune after his death.


They feel Saverin is using his family history of global mobility to put himself in the best situation to carry on the family legacy.


It’s hard to say, but that seems to be Eduardo’s sentiment. In the Veja interview he said: “I was born in Brazil, I was an American citizen for about 10 years. Now I live in Singapore. I’ve always thought of myself as a global citizen.”


Like him or hate him, you have to admit he’s got a fascinating family history.


And as a mobile, sovereign, global citizen, Eduardo Saverin is simply carrying on a family tradition: he’s taking care of himself, his fortune and his family legacy. All at once.


How This Relates to You


Listen, you don’t have to renounce your citizenship to protect your wealth. And you don’t need to be a billionaire either. Almost anyone can diversify his or her assets overseas.


This is NOT about evading taxes.


Lesson 5 - How and Why I'm Diversifying My Assets Overseas in The Elevation Group member site lists four reasons for investing overseas:


1. Diversification
2. Privacy
3. Asset protection
4. Tax efficiency


You can start small now by protecting just a portion of your assets overseas.


And if you want to protect more, Rob Wolmer can help. He’s the lawyer from Lesson 5 who specializes in protecting your wealth by diversifying you internationally.


He can tailor-fit a plan based on your specific needs. You’ll find his contact info in Lesson 5 ... or in the EVG Rolodex under the Resources tab. Mr. Wolmer's contact info at the bottom of the page under “International Investing.”


Setting up foreign accounts and tax entities can make a huge difference to your bottom line ... if you structure it right. But if you do it wrong, it can cost you a fortune.


Whether you’ve already built your fortune or are just getting started ... this is information you don’t want to miss.


Some of you may have dismissed this strategy thinking you don’t have enough money to make it useful.


Don’t make that mistake.


Even if you can’t use the information now, it’s part of your education that will help you start thinking like the wealthy. It may also become very useful for you down the road.


Click Here to review this strategy as outlined in your member’s area.


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

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

The “Secret Pact” That Could Make You Rich ... or Poor!



The American Dollar has powered the global economy for the last half century or so. And it’s made the United States the most
powerful nation in the world.

But that may all be soon coming to an abrupt end.

For the last 68 years, the U.S. Dollar has enjoyed a unique status as the world’s reserve currency.

But... for the last 39 years, the US Dollar has been artificially propped up by a “secret pact” made between former US president Richard Nixon and Saudi Arabia.

That pact has made America the richest country in the world. Americans have enjoyed unprecedented wealth as a result.

One problem. The secret pact was non-binding. Either party could walk away without getting in trouble.

As nations start to abandon the agreements made in that “secret pact,” only one outcome will be possible:


The Death of the US Dollar


When the US Dollar dies, it’ll cause the most massive wealth transfer the world has ever seen.

It will affect every person in the world ... no matter what country you’re from.

If you’re prepared, you could end up extremely wealthy.

If you’re not prepared, you’ll likely end up dirt poor. All your hard-earned money will get transferred to someone else.

We’ll give you all the details of the “secret pact” in a moment.

But first, to properly understand why it will be so devastating ... and how YOU can get on the correct side of the wealth transfer ... we have to take a little trip back in time.

So hold on tight. We’re going on crash-course through modern economic history today.

Don’t worry, it’s short and sweet. But it could be the most important ... and profitable history lesson you’ll ever learn.

Let’s start by answering a question many of you may have (but were afraid to ask...)


What’s a Reserve Currency?


A reserve currency is the money central banks hold in their vaults throughout the world. It’s the money other nations use to set the price of their own currency.

And most importantly, it’s the currency that nations use to trade goods among each other...

Like natural resources (oil, copper, timber and grain)... and manufactured goods like cars, electronics, clothing and processed food.

These things get traded throughout the world between many nations.

For the last 70 years or so, most countries have traded their goods with other nations using US Dollars.

Doesn’t matter if it’s Spain trading with Argentina. Or Saudi Arabia with China.

These countries trade with each other using American dollars, because that’s the reserve currency.

So how did the US dollar get this important distinction?


The Rest of the World Eagerly Gave the US Dollar This Status


In 1944, while bombs were still dropping on European soil, leaders from the Allied nations gathered to plan for the end of World War II.

Their goal was to establish an economic system that would help quickly rebuild the war-torn areas of Europe.

At that time, they chose the United States as the most financially stable country.

So in July of 1944, the 44 Allied nations signed an agreement giving the reserve currency status to the United States.

In turn, the US promised to exchange each US dollar for a fixed amount of gold. For each $35 you cashed in, the US Treasury promised to give you one ounce of gold.

This was an advantage to the countries ravaged by war. Europe (and then Japan after the war) needed to rebuild.

They did it by devaluing their own currency against the US dollar. This boosted their exports to America. It created jobs for their citizens and growth in their economies.

It was a great boon for these countries in the post-war recovery. And the US loved its new role as the world’s economic powerhouse.

It all worked reasonably well until the 1960s.

The problem was, the U.S. government was only backing about 25% of its money supply with actual gold. Yet it was promising to redeem every dollar in circulation with real, physical gold.

In the 1960s, some people started noticing the growing discrepancy. One of those guys was the president of France, Charles de Gaulle.

He began emptying French banks of every last US dollar he could find.

Then he plunked the cash down at US Treasury headquarters and demanded gold, citing the 1944 agreement.

The US Treasury had no choice. They backed their trucks up to Fort Knox and began emptying the vaults. They ended up shipping hundreds of tons of gold bars to France.

Other nations took notice... and it started a run on gold in the late 1960’s.

During that time, foreign countries plundered more than 50% of the United States’ gold reserves. A total collapse of the system seemed imminent.

The Nixon Shock


So in 1971, US president Richard Nixon decided to end the 1944 agreement to convert US Dollars into gold.

Dubbed as the “Nixon Shock,” this decree turned the US Dollar into a pure fiat currency.

That means the only thing giving value to the U.S. dollar since then is the promise of the US government. No gold. No nothing. Just a promise. It’s really kind of scary.

And yet, strangely, that move did not hurt the strength of the US Dollar.

In fact, the demand for the dollar only increased.

Here’s why.

The Saudi Arabian Connection


In 1973, U.S. President Nixon and King Faisal of Saudi Arabia signed a pact that created the petrodollar system.

Nixon asked Faisal to accept only US dollars as payment for oil. He also asked him to invest his excess profits in US Treasury bonds.

In exchange, Nixon pledged to protect Saudi oil fields from the Soviet Union and other potential aggressors (like Iraq and Iran).

This “secret pact” created immense international demand for US dollars.

Nations who bought oil needed Amercan dollars to buy it. Nations who sold oil bought US Treasuries to protect their interests.

This petrodollar agreement played a huge part in boosting the dollar's valuation.

But more importantly, it created an almost endless pool of demand for US Treasuries.

This was how countries around the world maintained stores of petrodollars. And international investors looking for a safe haven investment always turned to US Treasuries.


The Tide Is Turning Against the Dollar


Fast forward to today. Countries still do most of their international trade in US dollars.

Why? Mostly because that’s how they’ve always done it. The system is in place thanks to Nixon’s secret pact.

But some countries are questioning the system. If an African country is trading with China, why are they using American dollars as the trading currency?

So over the past few years China, Russia and other emerging powers have been quietly making agreements to move away from the US dollar in international trade.

And nations that dislike America see ditching the dollar as a good way to reduce American influence in the world.

They’re right.

How It Will All Unravel


Many Americans don’t realize that the petrodollar system has given America an unfair advantage for the last half a century.

It’s enabled the U.S. to print as much money as it wants. Why? Because there’s always been a huge international demand for it’s debt (treasury bonds).

But the shift away from the Dollar as the world’s reserve currency is changing that demand.

It won’t happen overnight. Buying US Treasuries is a long-standing habit for many foreign countries and investors.

But once a large country decides to cash in its US Treasuries, it will be like the run on gold that France started back in the 1960’s.

Other countries will start cashing in ... and everyone else will panic and want to do the same.

When that happens, the value of the dollar will plummet. Most likely the International Monetary Fund (IMF) will step in and create a new world reserve currency to stave off a world-wide crisis.

But it will be too late for the dollar.

The US dollar may still survive as a local currency. But it will no longer have the worldwide power and influence it has enjoyed for the last 70 years.

What Will Be the Fallout?


In the United States, there will be massive inflation and high interest rates.

The huge spike in the cost of food, clothing, and gasoline will make the 2008 recession look like nothing more than a bump in the road.

The US government will be unable to finance its debts.

The house of cards, built on the assumption that the world would rely on US dollars forever, will come tumbling down.

It is a scary proposition in many ways. But it’s also a huge opportunity.


How YOU Can Prosper


Recent stories in major financial magazines have warned about the potential death of the US Dollar as the world’s reserve currency.

But they don’t tell YOU what to do about it.

Everything we teach in the Elevation Group prepares you for the inevitable outcome of this story.

The investment strategies we promote in EVG will not only help you survive ... they’ll position you to prosper and come out on top.

See, the death of the dollar will be part of the massive wealth transfer we constantly talk about. It’s setting up to be the most massive wealth transfer in the history of mankind, and we plan to be on the proper side.

Now is a great time to jump back in to the Members Area and review some of the lessons.

Remember, this is one of the ways you get to “hang out with the rich.” The more you read through the lessons and diaries, watch the videos and listen the interviews, the more you’ll start to adopt the mindset of the wealthy.

If you haven’t gone through Lesson 1 on the coming wealth transfer recently, that would be a great place to review the HUGE opportunity waiting out there for those who are prepared.



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/
Related Posts Plugin for WordPress, Blogger...