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Date: November 10, 2009
Subject: Escape from America (With Your Cash)


This is
G&G Associates
Tax and Financial Consulting Services
e-Newsletter


Imhotep (Wisdom To You) G&G Readers,

As you’re probably well aware already, the last decade has seen an alarming trend in which the U.S. government has slowly but surely snatched up the freedoms of its citizens.
Passport restrictions,investment restrictions, a full-scale war on financial centers,etc.
With all these newfound wealth restrictions, is it really any wonder that hard-working Americans are clamoring to get outside the U.S. and take their assets abroad?

I applaud their efforts. There’s never been a better time to absorb information on how to move and invest abroad. But today, I want to talk to those of you who may be concerned about the state of affairs here in the U.S., but perhaps aren’t ready to make the leap to banking or investing outside the United States.

If so, you can still take your assets outside the United States, to capitalize on the stronger markets abroad. It’s as easy as investing outside the U.S. dollar.

Sounds Too Simple Right?

Let me explain…

For the moment, the U.S. government has at global monopoly on the world’s cash, by holding the world’s reserve currency. That means Uncle Sam can use the dollar to pay for any number of economic initiatives. That includes social security, Medicare, healthcare reform, any number of wars, trillion-dollar bailouts, etc.

All these initiatives cost money. And for the most part, the U.S. government can simply print more dollars to pay for those initiatives. The unfortunate byproduct of this system is it tends to depreciate the U.S. dollar. (That’s why the dollar has lost more than 21% of its purchasing power since the year 2000 by the way.)

But any investment in a foreign currency not only takes your wealth outside the U.S. dollar, it also gives you the chance to capitalize on those stronger, better-performing nations worldwide. It’s similar to taking your cash abroad only you can do so from the comfort of your home.

5 Ways to Move Your Cash Offshore Now

Here are my top five ways to escape America with your cash:

1. Buy Gold and Silver on Any Dips: Yes, I’m well aware that gold hit another all-time high this week($1100). But the harsh truth is gold is the least manipulated “currency” on earth. It’s also one of the best long-term stores of value you’ll find. So if you want to take your cash “offshore,” I would start with buying the “international currency” gold on any dips.

2. Buy Foreign Stocks: Again, easy way out of the dollar. Any investment in a foreign stock is technically also an investment in the local currency, so you have the opportunity to profit twice – off stock appreciation and any currency appreciation against the U.S. dollar. Also, most major U.S. stock brokersstockbrokers handle foreign stocks on at least the London exchange.

3. Invest in Foreign Bonds: Most people don’t consider foreign bonds, but it’s a relatively easy way to buy foreign currencies. Just like buying Treasuries, a foreign sovereign bond is backed by a foreign government. You’re actually buying a foreign government’s debt, so they have an obligation to pay you back at a specific yield (should you hold your bond to maturity). However, keep in mind you only want to buy foreign bonds when the country is looking to hold rates steady, so avoid the countries that are hiking rates right now (ex: Australia, Norway, New Zealand soon).

4. Diversify into Several Currencies at Once with a CD: Just like dollar CDs, foreign currency CDs allow you to buy and hold foreign currencies over the long haul. Most foreign currency CDs are 3-month commitments, but then you can rollover the CD for as long as you want. On top of that, a foreign currency CD generally pays higher interest and gives you tax advantages.

5. Buy 25 Different Currencies, Through Your Stock Account: It doesn’t get much easier. Pick a foreign currency you’re interested in, and buy the ETF right on the NYSE through your regular stock account. Right now, there are over 25 ETFs to choose from (including several that invest in a couple currencies at once).

Again, there are countless ways to take your cash abroad. But the easiest way to start is to trade up your dollars for stronger foreign currencies. To learn how you can earn anywhere from 1-300% return on your money a day in the FOREX market...setup an appointment and I'll show you how.

For more details on how you can purchase American Eagle Gold & Silver Eagle coins at 25-35% discount off the US Mints website, click on the following link and get started ASAP: http://www.publicgold.com/gngpreciousmetals

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Until next time...protect your wealth.

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Narmer (Think With A Unified Brain and Mind)

Gary Gray
Tax & Financial Consultant, RFC
G&G Associates
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"A Prudent man foresees the difficulties ahead and prepares for them; the simpleton goes on blindly and suffers the consequences."

Proverbs 22:3 -- Living Proverbs



LEGAL NOTICE: This work is based on SEC filings, current events, interviews, corporate press releases and what I've learned as a financial consultant. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. G&G Associates gets paid a commission from a membership purchase at www.publicgold.com/gngpreciousmetals.

 

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