I told you Friday’s we’d go out with a bang!
Many of you who have missed the contest information about the free gold watch giveaway, I wanted to share the link so you can have a crack at it… It’s fun, easy and you will be helping others to have the access to the great information that is provided to you from The Silver News Surfer.
Simply click on this link and it will take you right to the contest rules and how you could have a chance to win a free gold watch and free silver too! Also, you can past this link on your Facebook page or in an email that you send to all your contacts.
Now, onto the business of protecting your wealth…
With all the information I have been sending this week, there have been lots of emails and phone calls asking “how do I preserve my wealth and protect my purchasing power… What’s the easiest and quickest way to get started?”
These are very good questions and as your trusted precious metals adviser, I thought I would take this time to outline the exact steps on how you can get started right away and it’s much easier than you think…
In this confusing and uncertain time we live in, I for one would do what every person has done in the history of mankind… I would want to create wealth, protect the purchasing power of my wealth and hope to have some left over to create generational wealth for my kids and grands and the only way to do that today is to buy silver and gold, especially at these great levels and entry points!
First, Start moving your Savings Accounts, CD’s and Money Market accounts to precious metals accounts one at a time; Here’s how:
1. Start with these accounts because here you are earning only up to 1-2% so in essence you are earning 1-2% with the risk of losing up to 40% such as the case of Cyprus, if you don’t think that can be done here… think again! It is being done here! You see guys, since 2008 and the first TARP, then the bailouts, then QE1, QE2, QE3 and now we are up to QE4 – don’t be fooled, we have had our wealth confiscated… just over a period of time, not overnight like Cyprus, but if that does happen here, we are royally screwed! Why take the chance when you don’t have to?
Look at starting with percentages. I would look at $100,000 in these mentioned accounts and recommend 50% (or $50,000) to purchase silver at these levels. Out of that percentage, I would buy $20,000 worth of silver and have it shipped home. Then I would take the $30,000 and use a liquid trading account where the metal will be in storage in an independent depository (outside the banking system) so as to be able to buy low and sell high as the market moves up and down and this is something that I personally specialize in.
Then I would leave about $25,000 in your bank because you need to pay bills and such. Then take the remaining $25,000 and buy a safe and put your cash in it along with the physical precious metals that you just purchased. Again, we are using a strategy to protect your wealth and preserve your purchasing power from the thieves who are stealing it from you… this is how you become your own central bank!
2. Next, I would look at your stock accounts because the DOW & the S&P 500 are at all time highs and we are approaching May… and you know what they say about May (Sell in May and go away!) Why take the chance of being the last one out… start you equity exit strategy now, and again, work with percentages.
Here, I would be more conservative. I would be allocating only 30% into physical precious metals although I would liquidate 70% of the equities and wait for a pullback in the summer to buy back into equities when buying opportunities present themselves again.
3. Lastly, I would be sitting down this weekend and reviewing that IRA and/or 401K and start shifting about 50-60% of those funds into a precious metals IRA account. Obviously, the IRA & 401K accounts are for long term wealth preservation and there is no better vehicle on the planet to preserve wealth through all periods of time than the physical silver and gold vehicles… 5,000 years of history has already proven that!
Closing Reflections & Recommendations…
Are you hesitant to take such a drastic step? Hesitant to step outside your comfort zone – I can guarantee that the people of Cyprus wish they had an adviser who shared this information with them even just 2 months ago – let alone since 2001 when they could be looking at a 600% return today!
I do realize this is not easy and you may still feel on edge about the whole notion of shifting your investment strategy, but rest assured you are not alone – I’ll walk you through the reasoning, the importance and the process in a private one-on-one private no obligation consultation. Again, It’s a big step to take but you’re not alone; I’m here to help.
Call me at 954-639-3059
How to Hide Your Money Where the Bankers Won’t Find It -Unless you have been on vacation the past few days or out of touch with the never ending news media we live in you have seen or heard about the event in Cyprus. For those who haven’t heard, the short story is that the IMF has pushed for a “wealth tax” in Cyprus which would involve taking money directly out of the bank accounts of the people. That’s right, stealing in broad daylight with no apologies whatsoever.
The IMF is saying that the people of Cyprus need to pay back the bankers who stole and lost their money. This is done with the threat of being kicked out of the Euro zone if they refuse. Make no mistake, this is a trial run and they will be coming for money in your accounts very soon.
So, what can you do about it? Can you put your money in stocks? What about investments like property or fancy cars? My opinion is that nothing is safe. If your money is out of your reach and stored in any type of financial institution it can be stolen. Before I go any further let me state what should be obvious to most of you.
Central Banks are buying more gold than ever – shouldn’t you be too? – Based on current data, the net increase in central bank gold buying for 2012 was 14.8 million troy ounces – and that’s before the final 2012 figures are in for all countries. This is a dramatic increase, one bigger than most investors probably realize. To put it in perspective, on a net basis, central banks added more to their reserves last year than since 1964. The net increase – so far – is 17% greater than what was added in 2011, which was itself a year of record buying.
Matterhorn Switzerland – “We are in unprecedented times. What we are seeing right now could be the end of a 2,000 year cycle, or possibly the end of a 300 year cycle. We also have the end of the 100 year cycle which is based on the creation of the Fed in 1913. The confluence of these cycles will cause unimaginable turmoil in the future.
This is why it is so important for investors to protect themselves and not plan on any government looking after them. Also, you must own physical gold and silver to get through this difficult period.
It’s “head for mattress time” for savers worldwide! – The real big canary singing out an extreme danger warning to all traditional savers who wish to entrust their wealth to banks and other paper vehicles – stocks, bonds, etc., is the incredible emergency banking shutdown in the tiny island nation of Cyprus.
What is important to understand here, though, is that this same game plan has been occurring for several years now in many countries throughout the world. Here is the short list of some of the transgressions that unscrupulous governments, under pressure from their major bank lenders, have perpetrated, and continue to perpetrate upon unsuspecting savers.
May Health, Wealth & Success Be Yours!