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Simple Asset Protection Secrets from Switzerland

By Dr. Steve Sjuggerud
Monday, November 15, 2010

As you read this, I'm in Zurich, Switzerland...
My publisher is hosting a seminar there for our lifetime subscribers. We're covering the best ideas in asset protection today.
From what I've seen, most Americans these days haven't even thought about protecting their assets.
Until now, your assets have been safe in America. But it wasn't long ago that they were unsafe here... In the 1930s, the U.S. government confiscated everyone's gold. I'm not kidding!
Today, your assets might not be as safe as you think... Our government is deeper in debt than ever. And the U.S. dollar is bound to lose value as our government is left paying its debts through the printing press.
In this situation, a little asset protection (some of it outside the jurisdiction of the U.S. government) could go a long way...
That's why we're in Switzerland.
In short, Switzerland is the traditional home of asset protection. (For example, since the early 1970s, the Swiss franc has appreciated nearly fivefold against the dollar.)
While we're in Zurich, we're going to hear from some of the world's top experts in safeguarding your wealth. And we'll report on some of the best ideas in later issues of DailyWealth.
But today, I wanted to share one of the best little asset protection secrets out there... I'm talking about Perth Mint Certificates.
In short, when you own a Perth Mint Certificate, you own physical gold held at the Perth Mint in Australia.
The asset protection benefits are simple with this...
First, it's easy. You can buy it right here in the U.S. My longtime friend Michael Checkan helped create this program with the Perth Mint. And Michael is based here in the States.
Second, you're protected from confiscation. You most likely hold gold offshore, in Australia, out of reach of the U.S. government.
Third, it's easy to exchange. You can redeem it for cash in the U.S. or elsewhere in the world.
Fourth, it's discrete. It's a lot easier to cross borders with a paper claim to gold than with a pocketful of gold coins.
Finally, I can tell you that I've been to the Mint in Perth. I've seen the gold. It's an impressive operation. Your investment is guaranteed by the government there and insured by Lloyds of London.
By holding a Perth Mint Certificate, you hold gold outside of the U.S. You have some simple offshore asset protection.
You might not have considered wealth protection before. But now it is time. Look for more DailyWealth essays on this idea all week...
Good investing,

Further Reading:

In May, Porter wrote a two-part essay comparing the depreciating paper currencies of Europe and the U.S. "When the credit bubble finally bursts," he says, "it doesn't destroy just one or two banks' house of cards. It wipes out the entire system, which is linked together by the currency itself."
But Porter does offer one simple solution to protect your fortune. And he believes this advice is the most important thing he's ever written. Read Part I of Porter's series here and Part II here.

Market Notes

Cameco (CCJ)… uranium
Denison Mines (DNN)… uranium
Hathor Exploration (HAT.V)… uranium
Uranium Energy Corp (UEC)… uranium
Vista Gold (VGZ)… gold
Keegan Resources (KGN)… gold
ATAC Resources (ATC.V)… gold
Virginia Mines (VGQ.TO)… gold
Tata Motors (TTM)… Indian automaker
StoneMor Partners (STON)… cemetery operator
Teekay Offshore (TOO)… oil shipping
Baytex Energy Trust (BTE)… energy trust
CARBO Ceramics (CRR)… picks and shovels of shale gas boom
Chipotle (CMG)… fast food
Amazon (AMZN)… online retail
PowerShares Oil Services (PXJ)… oil services ETF
Gold, Silver, Copper, Platinum, Palladium, Sugar, Cotton

Not many… it's a bull market!

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