[Money-matters] FW: [Money Matters Newsletter] Money Matters Update- Financial Newsletter: Read. June 2, 2013
Marc Cuniberti
bayareaprocess at att.net
Sun Jun 2 16:28:54 UTC 2013
_____
From: Money Management Radio [mailto:news at moneymanagementradio.com]
Sent: Sunday, June 02, 2013 9:28 AM
To: "marc"
Subject: [Money Matters Newsletter] Money Matters Update- Financial
Newsletter: Read. June 2, 2013
<http://moneymanagementradio.com/files/moneymn/shell/simplenews_header-660.j
pg>
Money Matters Update- Financial Newsletter: Read. June 2, 2013
<http://moneymanagementradio.com/files/moneymn/editor/MM-Twitter-bkgd_0.jpg>
Markets still going nowhere although it is getting a bit dicey.
Feds did claim they would slow asset purchase money programs (money
printing, also called QE) and that weighed on the markets but now the Feds
are backing off that threat.
I keep saying "it wont be enough" and they will never stop. If they try,
much like they tried raising interest rates, it won't be long before they
have to re-start the programs.
If you recall when interest rates were raised over a dozen times by the FEDS
in the mid 2000's which caused the housing crash, I said over and over they
would drop them again because the US economy could not stomach increasing
rates because of all the debt.
As foretold, it could not and the rates came back down but the damage was
done to the housing market- it crashed.
Now they talk about slowing the money printing programs but they cannot. The
stock market will crash.
What is interesting here is that interest rates are rising even though the
US FED and the Japan (Fed) is trying hard to LOWER RATES. Much like swimming
against the tide, one day they will not be able to swim any longer and rates
will rise despite their efforts.
Could this be happening now?
It may be in Japan. (See the previous Money Matters update). Despite Japans
efforts to lower rates they are rising!
We will see if this is taking hold in the US. If it is, bad things are
coming sooner then I expected. They will never stop printing until they have
to but they MUST stop to avoid the catastrophe that is coming:
<http://moneymanagementradio.com/files/moneymn/editor/RowOfStopSigns.jpg>
(How many times must we say this!)
Markets:
For now we wait. I think a market minor set back is in the near future.
Maybe 10 % or more so be careful. Set your stops and protect profits. Do not
add a lot of stocks here. Only nibble.
Always make sure you have enough gold and silver in possession and consider
moving money offshore for protection and privacy. Here is some information
on how to do it.
I am also planning a class on this which will be the next Money Class. Email
me to attend. Cost is $199.00 with an early sign up discount of $50.00 bucks
if you mail in your payment before the end of June. The money class will
cover:
Real Estate, Offshore Money, Swiss Annuities, How to open a Canadian Bank
Account. (We may also plan a group trip there to get everyone who is
interested up there and at the right bank! We will also make hotel
reservations if you like). We will also go over more gold questions, Apple
questions, stock brokerage issues, opening a brokerage account, AND take as
many questions as you have in the time allowed. This smaller setting allows
me to talk more personably with those attending and answer specific
questions. I will also be open to any and all questions in this smaller
setting. We will probably limit class size so I can answer all questions.
Mail us your payment to PMB 101, 578 Sutton Way Grass Valley Ca 95945.
Include your email address and what class (1 or 2) you prefer.
Email us who is interested or mail in payment to reserve your spot.
How to get your money OUT of the US:
Moving money offshore has a negative connotation conjuring up visions of tax
cheats and drug money but in actuality it can offer a unique option in asset
diversification for investors willing and able to take advantage of it. It's
entirely legal for US citizens to establish foreign accounts but you must
follow the IRS reporting requirements which are fairly simple for a
qualified accountant.
Maintaining an offshore account or 2 may provide added protection from
lawsuits and also offer a degree of privacy that domestic investments do
not. They also can diversify you in non US dollar assets that may offset
loss of purchasing power from a falling US dollar. (Inflation)
There are many options available for investors and a variety of firms ready
to assist you.
The easiest to conceptualize and implement is a simple savings account at a
bank in another country. Canada is the closest and both HSBC and Royal
Canadian Bank welcome US citizens. You must go there and show identification
but once you done that, you can mail in deposits and do banking in the
account from the privacy of your home.
Your money is converted to Canadian dollars and insured by the Canadian
Central Bank, much like our FDIC insurance here. Being in Canadian dollars
offers you a hedge against holding a lot of US dollars here should the US
dollar fall in value.
Safe deposit boxes are also available at any bank you open an account with.
You can buy annuities in a foreign country and the Swiss Annuity is a
favorite of mine. Unlike American annuities (which I don't recommend), a
Swiss annuity has no tie up period, is devoid of the massive fees annuities
here can have, and usually pay you a dividend and an interest rate. You can
denominate them in a variety of foreign currencies which again help offset
any loss of value from a potential plunge in the US dollar. They are treated
somewhat like an IRA here so there may be age requirements for withdrawing
the funds. Check with your accountant. (You may have to search around for an
accountant familiar with offshore investments but they are out there).
Managed accounts which offer a variety of investments are also available and
these may offer more options as to where you can place you money. You can
invest in commodities, real estate, bonds, gold, silver and a host of other
options once the paper work is established. Your money might be in
Switzerland, Lichtenstein, Sweden or a host of other locations, all of which
is selected by you in conjunction with the firm you decide to do business
with.
You can buy gold or silver offshore and a variety of programs offer both
allocated and unallocated accounts for the discerning investor. Unallocated
means you buy into a large cache of metal with other investors and there are
no storage charges. Allocated means you actually pick the coins or bars you
wish to buy and you are then provided a serial number of every item you
purchased and a small storage fee is charged.
There are many other options available to US investors and although the IRS
is making it more difficult to invest offshore, as of today it is still
entirely legal. The minimum requirement for investing can be well within
reach of almost any investor depending on what you buy. Having at least some
funds out of US borders and invested in non US assets offers yet another
level of privacy and diversification and the more you have of those 2 the
better.
Email me if you have questions as always,
All the best and thanks for the kind notes concerning my mom passing.
Take Care and Money Matters airs this Thursday at noon, PST on KVMR.
Marc
_____
Do Not Reply to newsletter messages directly.
Direct all questions or comments to Moneymatters at kvmr.org.
All comments or questions must be less then 3 sentences in length and must
not contain any links or articles.
You can access past updates at: http://www.moneymanagementradio.com
Disclaimer:
The views expressed here are opinions only. It is a private email
subscription and is produced by Bay Area Process Inc. All issues regarding
this email should be sent to Marc Cuniberti and/or his agents.
This article is strictly for informational purposes only. It is not a
solicitation to make any exchange, buy or sell any precious metal products,
commodities, securities, stocks, warrants, options or other financial
instruments. Marc Cuniberti, author of this article, does not accept
culpability for losses and/or damages arising from the use of this
publication or any information contained herein. You are responsible for
your investing. Perform due diligence on any firm you plan to send money to.
Mr. Cuniberti makes no claim as to the validity or soundness of any firm or
institution mentioned herein or on any of his publications or shows.
Investing involves risk. You can lose money. Please order up the prospectus
on any and all securities you may be planning to buy and do your own
research before investing. Mr. Cuniberti may or may not hold the securities
listed. Some companies mentioned or exhibiting advertisements or banners on
Money Management Radio material may offer a consideration for their
advertising space and/or referrals from such promotions.
If you wish to send Mr. Cuniberti an email, please keep your emails to less
then 3 sentences and do not ask about specific holdings you may hold nor ask
him to comment on YOUR specific situation. You may submit general market
questions or concerns. He answers EVERY email sent to him within the
confines of these rules. Someone will respond to your email regardless of
what it contains so you will know we received it. We care about your
participation in Money Management Radio and Money Matters.
If you like what you hear on Money Matters, check out what else is happening
on your community radio station, KVMR, on Facebook.com. You'll be kept up to
date on special programming, events, discussion opportunities, and lots
more. Go to Facebook and type KVMR in the search bar. You can become a fan
of MONEY MATTERS on Facebook by going to:
<http://www.facebook.com/profile.php?ref=name&id=1602502823#/pages/Money>
https://www.facebook.com/KVMRFM
Produced and Hosted by Marc Cuniberti
Web Site: http://www.moneymanagementradio.com
Money Management Radio is the sole property of Bay Area Process Inc. and all
rights are reserved. Money Matters is produced and written at KVMR FM in
Nevada City and all related information given under Money Matters is through
KVMR FM Radio.
"Money Matters" and "Your Money Matters" is aired throughout Northern
California and the State Capitol.
Marc and Money Matters has been featured on NBC and ABC television and on
various news programs and documentaries.
Northern California's # 1 "alternative" economic show.
"Know the Truth and the Truth Shall Set You Free" John 8:32
Carried on bandwidths: 89.5 105.1 95.1 103.7 90.1 91.9 FM Radios throughout
Northern California and the State Capitol.
Worldwide on the web at KVMR, <http://WWW.KVMR.ORG> KZFR <http://kzfr.org/>
, KQNY <http://www.kqny.org> , KFOK <http://KFOK.org> FM RADIO and
affiliated stations.
His newscasts are available nationally at PRX:
http://www.prx.org/users/133307-marccuniberti
Where I buy some of my gold and silver: What I call "Possession Gold". See
below.
At this time, email me if you wish to buy physical gold or silver at
marc at moneymanagementradio.com. or for infomation on moving money offshore.
Follow Marc Cuniberti on Twitter <http://www.twitter.com> for daily Money
Matter updates.
Unsubscribe
<http://moneymanagementradio.com/newsletter/confirm/remove/8b23f23f4919t5>
from this newsletter
- - - This is a test version of the newsletter. - - -
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://mailman.jtan.com/pipermail/money-matters-l/attachments/20130602/4231c329/attachment-0001.html
More information about the Money-matters-l
mailing list