Doorbell – New Tampa Republican Club….Need to watch….something for all…E-mail to Admin/Cpe Coral

Doorbell – New Tampa Republican Club.

Folks  - click on this link and watch – it’s a short one but very informative…….

God Bless America

Money, Money, Money……Washington, D.C….Money, Money, Money….Admin/Cape Coral

Money and our Country……Waste of Money and our Government…It’s getting to be a very ugly combination…..

Have you seen the list of the latest “Regulations” that are proposed by the government??
Does this list make you all warm and fuzzy inside???
Does this list make you ask about the originators and who they are???
Does this give you more confidence for your daily routine to keep Body and Soul together??
Are you a business owner who will have to take these regulations and put them into practice??

You know, it really turns my stomach to realize that it has become so easy to by pass our elected congress and give birth to more and more reg’s by “Fiat”, executive order if you will, by just the snap of a finger!!!
Citizens, this has to stop!!! WE must begin to make our voices heard to stop the momentum of this steam roller that has overtaken common sense.

IDEA…..Just thought of this….So many of us have personal computers and we tend to take good care of them so that they will serve us really well at all times.

If most or some of you use a process called “Defrag” then you will know what I mean.

America, it’s time to use the  ”DEFRAGMENTER ” on the government….Get rid of the deadwood, get rid of the offices and departments that have served their usefulness.Begin the process of ending outrageous spending , turning it into super savings for all our benefit. We will be able to use this and just think, it will be available in 2012, November time frame. Lets make sure we push all the right buttons so that our country can again have a more positive start in January of 2013.

America, it has been and always shall be, the light of the world… Do not let it get any dimmer.

God Bless America, One Nation under God, with Liberty and Justice for ALL

Sovereign Man Notes from the Field Date: August 30, 2011 Reporting From: Malta

Sovereign Man

Notes from the Field

Date: August 30, 2011
Reporting From: Malta

Despite the mind-numbing mantra we constantly hear from our political leaders and central bankers that inflation does not exist, there are certain parts of our lives where even a freeze-dried coffee bean can see that prices are clearly rising: At the grocery store. At the doctor’s office. At the gas pump.

One of these places is also our hallowed institutions of higher learning. It’s no secret that the cost of university education, especially in the United States, is staggering. Tuition at private schools in the US averages $30,000 annually, and students often graduate over $50,000 in debt.

This leads to a fancy form of indentured servitude; students with this kind of debt load are forced to take the first paid work they can find, and they’ll work for the next 14-years of their life just to start back at zero.  For parents footing the bill, the prospect of huge tuition fees can keep people up at night for years fretting about the payments.

Graduate schooling can be even more painful. Top MBA programs can charge $50,000 per year or more, and for those who still cling to the idea of working their way up the corporate ladder, this has become a necessary step.

Especially now in the midst of a severe recession, it has become a new trend for people to head back to school, firm up their credentials, and wait out the economic downturn.

I have a better solution for you to consider: head overseas.

Going to a school overseas ticks a lot of boxes– for one, it’s a hell of a lot cheaper, and you don’t emerge deep in debt like you would back home.

Second, the quality of the education is as good if not better than what you would otherwise receive.

Third, and most importantly, it’s just more interesting. The experience abroad will be much more fulfilling, and it will distinguish you from the pool of other candidates who all have generic resumes.

Let’s say you’re an Ivy League type. Why pay Harvard $52,000 per year when you can go to theUniversity of Cambridge in England for around $19,000 per year? Cambridge is consistently rated as one of the top universities in the world: same quality education, a fraction of the price.

If that sounds like too much, consider a place like Hong Kong University . Tuition at Asia’s top school is around $15,000 per year, and there are plenty of scholarships and financial aid packages available. Not to mention you’d be networking with future movers and shakers in the region.

Still too much? Look at Erasmus University in the Netherlands, whose Rotterdam School of Management is one of the top business schools in Europe. Tuition in the all-English program is around $11,500 per year, 73% less than Notre Dame’s Mendoza School, and 26% less than Michigan’s Ross School of Business.

Still too much? Try Qatar University , where there are numerous English-language programs in disciplines such as business and engineering. Tuition for foreign undergraduates is just $4,000 annually, and you’d be spending formative years in one of the world’s most thriving, opportunity-rich economies.

Still too much? Try Albert Einstein’s Alma Mater, the Swiss Federal Institute of Technology (ETH) in Zurich. If you make the cut, ETH’s tuition fee is a whopping $750 per semester for both undergraduate and graduate programs, and the school is typically ranked among Europe’s top 5 universities.

Here’s the bottom line– if you’re facing an uphill battle for prospects and opportunities, get creative; don’t simply follow the same path that everyone else is taking. The world is a big place– stop limiting yourself by geography and start looking overseas for solutions.

Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com 

This article appears courtesy of SovereignMan.com: Notes From The
Field, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

Sovereign Man Notes from the Field Date: August 29, 2011 Reporting From: Santiago, Chile

Sovereign Man

Notes from the Field

Date: August 29, 2011
Reporting From: Santiago, Chile

[Editor's Note: Our Chile correspondent Dr. John Cobin is filling in for Simon today]You’ve probably heard that old saying– ‘if you’re not a socialist by the time you’re 20, you have no heart. If you’re still one by the time you’re 30, you have no brain.’

This is true everywhere in the world. Even in capitalist bastions like Hong Kong, there is a misguided minority that believes they should prosper from others’ labor.

Usually this attitude fades with age and career progression, right around the time someone strokes his/her first check to the local tax authority. After all, it’s much easier to be a socialist when you’re on the receiving end of benefits, not the one footing the bill.

Here in Chile, my adopted home for many years, it’s no different. A market-oriented society with a thriving economy, Chile has had remarkable growth over the last 20-years. Its economic expansion has been no doubt due to this market-based model, as well as surging demand for copper, Chile’s prime export.

People in Chile recognize that their standard of living is much higher than it has ever been, especially compared to their neighbors who still dabble in socialism.

Just over the mountains, for example, Argentina is a hopeless basket case whose government makes a sport of fleecing its people and maintaining the elitist mafia-like plutocracy.

Now– the last few weeks in Chile have showcased student protests over the cost of their university education; they demanded that the government provide free tuition to all students, and they weren’t going to take NO for an answer.

At first, most of the country supported them. Local polls showed that Chileans were proud of their kids standing up to the government and letting their voices be heard… even if they didn’t agree with the politics.

You see, Chile is a pretty conservative place. There are definitely pockets of socialism throughout the country, as there are just about everywhere, but if Ron Paul were running for President here, he would do quite well… and certainly get all the media coverage he could handle.

For the most part, Chileans were just happy to see their kids get off Facebook for a few days and stand up for an issue that was important for them. After all, that’s what those impressionable university years are for.

Then Chile’s socialist CUT union came along to exploit the student protests and capitalize on the wave of turmoil around the world in order to advance their agenda.

CUT escalated the protests into violent riots. They attacked the police, they looted some shops, they destroyed some property, and they attempted (and failed) to shut down city traffic in Santiago.

All the while, the police kept a cool head. I’ve seen videos of G20 riots and austerity protests in the US,Greece, and Spain where the police mercilessly club and beat protestors into submission. That’s not how it works in Chile.

In fact, the Washington Post ran an article criticizing the Chilean government for being too soft on the protestors, saying that the government “looked powerless to curtail the anger in the streets.”

Powerless? Because cops kept their cool? The photo in the Post’s article shows a student protestor physically taunting one of the policemen at the scene. How fast would this guy have been clubbed where you live?

Frankly I’m happy to live in a place where the police refuse to squash people like bugs… where people are not afraid of their government like they are in North America and Europe.

Yes, one person died in the riots. Considering the tens of thousands of people who were in a confined space flinging rocks in every direction, though, this is pretty much a miracle.

Things here seemed to have calmed down now, giving everyone some time to reflect on the events that transpired. Here’s my takeaway given years on the ground, my local family, and my experience in Santiago as a university professor:

1) Of the 3.5 million students in Chile, only a small percentage of them were protesting.

2) The rioters do not reflect the attitude of the nation. Recent clippings from La Tercera summed up the event as “[a] work stoppage which found no public support” and “reprehensible opportunism that the public is unwilling to accept.”

3) While there will always be people everywhere who want something for nothing, Chileans are quite happy with their economic prospects. They have no desire to return to the hyperinflationary socialist experiments of the past.

4) When things turned violent, many of the student protestors actually turned on their fellow CUT rioters and tried to prevent them from looting and destroying property. Chilean media published these accounts. Foreign media did not.

5) I credit the police here for protecting private property and dealing with the violent rioters in a very professional way.

6) Despite foreign media accounts that it was a war zone down here, most of Santiago was business as usual. Throughout the events, I was never personally inconvenienced because of what was happening.

As Simon Black often says, no place is perfect, and neither is Chile. But I have never once regretted my decision to move here. Ultimately, Chile remains a free, respectful, market-oriented, opportunity-rich country on a long-term uptrend, and that hasn’t changed one bit.

Until tomorrow,

Dr. John Cobin
Correspondent, SovereignMan.com 

This article appears courtesy of SovereignMan.com: Notes From The
Field, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

Sovereign Man Notes from the Field Date: August 25, 2011 Reporting From: Zell am See, Austria

Sovereign Man

Notes from the Field

Date: August 25, 2011
Reporting From: Zell am See, Austria

As usual, the CNBC hosts were completely dumbfounded.

Phoning in from Sao Paulo, Brazil, investment guru Marc Faber was a guest on CNBC last week, once again telling the unvarnished truth about the state of the world economy and bankrupt western nations.

This time, Faber had a very clear message : that everyone should own *physical* gold… and what’s more, they should store it outside of the United States.

“I prefer if investors hold physical gold in a safe deposit box, ideally outside the US, in various locations… Switzerland, Singapore, Hong Kong, Australia, Canada… I think it’s important in today’s very uncertain world to diversify, not only the various asset classes… but also the custody of your assets should be in different jurisdictions.”

His hosts couldn’t believe it. -NOT- store in the United States, the bastion of freedom and security??!?! What lunacy!

CNBC: “Uh, so do you thus not trust US banks or US custodians? Do you think they might fail or abscond with the gold?”

Guffaws and incredulous snickers emerge from the hosts.

Faber: “I don’t trust anyone.”

Uncomfortable silence.

CNBC: “Hmmm. Interesting.”

Completely devoid of anything intelligent to say on the topic of sovereign diversification, they quickly changed the subject to talk about equities… but Faber soon came back to his original point.

Among other things, he mentioned that banks in Asia are FAR more stable and sound than they are in the west for not having invested so heavily in dead weight assets like Greek bonds or US mortgage-backed securities.

I couldn’t agree more.

This is a point I’ve been pounding on from day 1: internationalization, what I frequently call planting multiple flags, is absolutely critical to reducing your risk.

You won’t ever hear about it from the talking heads on state-sponsored media like CNBC. They refuse to look at the real world where America is no longer the center of the financial universe or the safest place to put money.

Truthfully, though, bankrupt nations like the United States pose the greatest risk of all to our prosperity and livelihood, regardless of whether we’re just starting out or have already achieved it.

This is because politicians will stop at nothing to maintain the status quo; the more they try to ‘fix’ things, the worse the situation becomes. They think they can borrow their way out of debt and spend their way out of recession. When these tactics don’t work, they just borrow and spend more.

In recent remarks during an official visit to Japan, Vice President Joe Biden said that China became the world’s second largest economy only because of US troop presence in Asia.

This line of reasoning only makes sense to a politician: China’s growth has nothing to do with its huge population, massive accumulation of savings, burgeoning technology, or culture of productivity… and everything to do with US military installations in South Korea, Japan, and Okinawa.

Such logic truly tests the patience of rational, thinking people, yet it exemplifies the kind of out-of-touch, mindless bureaucrat who is running the country.

Marc Faber has it absolutely right: entrusting the preponderance of your assets to these moronic sociopaths is a foolhardy endeavor. Own physical gold as a hedge against their idiotic fiscal policies, and store it overseas to make sure they can’t get their thieving hands on it.

Here in Austria, there’s a great secure storage facility in Vienna called Das Safe. You can rent a safety deposit box from them completely anonymously, and the box contents are insured for up to $50,000.

This is financial privacy at its finest… and if you want to take Marc Faber’s advice, you should definitely consider Das Safe. As an aside, Austria is also a great place to buy gold; you can purchase the gold ‘Philharmonic’ coin at almost every bank in the country at premiums as low as 3%.

If you’re serious about doing this, you should check out last month’s edition of Sovereign Man: Confidential. I covered a lot of detailed information about moving and storing gold overseas, including specialized contacts and obscure regulations that you need to know about.

You can learn more about taking a risk-free trial here.

Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com 

This article appears courtesy of SovereignMan.com: Notes From The
Field, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

The EPA , better known as the “Unfriendly Environmentalists”….by CapeCoralAdmin

Folks; what are your feelings about the EPA??
Has it produced super results for this country so far?
Has it provided the necessary tools for the enrichment of our country lately?
Has its performance record, relative to showing us the way to rightly maintain our nations resources, been written positively? or have we slipped into a more negative stance??

These questions are just the tip of the Ice Berg!!
I am sure there are so many many more.

To quote Moses – “Let my people go” let my people go and do the right thing for this country’s survival. This gets me to the proposed pipeline from Canada, our neighbor to the north through to the Texas, Louisiana area. WE really need this, not only for the fuel proviso but to fuel our economic needs with regard to JOB creation.
WE all need to get behind this effort not only to instill folks with the needed drive but also to provide the needed drive mechanisms to rebuild this USA, our great country.This nation cannot afford to keep this lifeline out of reach because of unfriendly regulations made by individuals who do not really have our best interests at heart.
Lets stand together and get this job done so that more good will follow.
What are your thoughts????? Write them here and be sure to forward them to your political reps.

May God Bless America, one nation under God, with Liberty and Justice for all…….
Amen

Sovereign Man Notes from the Field Date: August 29, 2011 Reporting From: Santiago, Chile [Editor's Note: Our Chile correspondent Dr. John Cobin is filling in for Simon today]

Sovereign Man

Notes from the Field

Date: August 29, 2011
Reporting From: Santiago, Chile

[Editor's Note: Our Chile correspondent Dr. John Cobin is filling in for Simon today]You’ve probably heard that old saying– ‘if you’re not a socialist by the time you’re 20, you have no heart. If you’re still one by the time you’re 30, you have no brain.’This is true everywhere in the world. Even in capitalist bastions like Hong Kong, there is a misguided minority that believes they should prosper from others’ labor.Usually this attitude fades with age and career progression, right around the time someone strokes his/her first check to the local tax authority. After all, it’s much easier to be a socialist when you’re on the receiving end of benefits, not the one footing the bill.

Here in Chile, my adopted home for many years, it’s no different. A market-oriented society with a thriving economy, Chile has had remarkable growth over the last 20-years. Its economic expansion has been no doubt due to this market-based model, as well as surging demand for copper, Chile’s prime export.

People in Chile recognize that their standard of living is much higher than it has ever been, especially compared to their neighbors who still dabble in socialism.

Just over the mountains, for example, Argentina is a hopeless basket case whose government makes a sport of fleecing its people and maintaining the elitist mafia-like plutocracy.

Now– the last few weeks in Chile have showcased student protests over the cost of their university education; they demanded that the government provide free tuition to all students, and they weren’t going to take NO for an answer.

At first, most of the country supported them. Local polls showed that Chileans were proud of their kids standing up to the government and letting their voices be heard… even if they didn’t agree with the politics.

You see, Chile is a pretty conservative place. There are definitely pockets of socialism throughout the country, as there are just about everywhere, but if Ron Paul were running for President here, he would do quite well… and certainly get all the media coverage he could handle.

For the most part, Chileans were just happy to see their kids get off Facebook for a few days and stand up for an issue that was important for them. After all, that’s what those impressionable university years are for.

Then Chile’s socialist CUT union came along to exploit the student protests and capitalize on the wave of turmoil around the world in order to advance their agenda.

CUT escalated the protests into violent riots. They attacked the police, they looted some shops, they destroyed some property, and they attempted (and failed) to shut down city traffic in Santiago.

All the while, the police kept a cool head. I’ve seen videos of G20 riots and austerity protests in the US,Greece, and Spain where the police mercilessly club and beat protestors into submission. That’s not how it works in Chile.

In fact, the Washington Post ran an article criticizing the Chilean government for being too soft on the protestors, saying that the government “looked powerless to curtail the anger in the streets.”

Powerless? Because cops kept their cool? The photo in the Post’s article shows a student protestor physically taunting one of the policemen at the scene. How fast would this guy have been clubbed where you live?

Frankly I’m happy to live in a place where the police refuse to squash people like bugs… where people are not afraid of their government like they are in North America and Europe.

Yes, one person died in the riots. Considering the tens of thousands of people who were in a confined space flinging rocks in every direction, though, this is pretty much a miracle.

Things here seemed to have calmed down now, giving everyone some time to reflect on the events that transpired. Here’s my takeaway given years on the ground, my local family, and my experience in Santiago as a university professor:

1) Of the 3.5 million students in Chile, only a small percentage of them were protesting.

2) The rioters do not reflect the attitude of the nation. Recent clippings from La Tercera summed up the event as “[a] work stoppage which found no public support” and “reprehensible opportunism that the public is unwilling to accept.”

3) While there will always be people everywhere who want something for nothing, Chileans are quite happy with their economic prospects. They have no desire to return to the hyperinflationary socialist experiments of the past.

4) When things turned violent, many of the student protestors actually turned on their fellow CUT rioters and tried to prevent them from looting and destroying property. Chilean media published these accounts. Foreign media did not.

5) I credit the police here for protecting private property and dealing with the violent rioters in a very professional way.

6) Despite foreign media accounts that it was a war zone down here, most of Santiago was business as usual. Throughout the events, I was never personally inconvenienced because of what was happening.

As Simon Black often says, no place is perfect, and neither is Chile. But I have never once regretted my decision to move here. Ultimately, Chile remains a free, respectful, market-oriented, opportunity-rich country on a long-term uptrend, and that hasn’t changed one bit.

Until tomorrow,

Dr. John Cobin
Correspondent, SovereignMan.com 

This article appears courtesy of SovereignMan.com: Notes From The
Field, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

America, I know we have some TIME but, ELECTION 2012 IS COMING….Are you thinking about it?????

ELECTION 2012 IS COMING
A Nation of Sheep Breeds a Government of Wolves!
I’M 100% for PASSING THIS ON!!!
Let’s Take a Stand!!!HERE IS ALL I WANT, I’M NOT ASKING FOR MUCH.

Obama:Gone!
Borders: Closed!
Language: English only
Culture: Constitution, and the Bill of Rights!
Drug Free: Mandatory Drug Screening before Welfare!
NO freebies to: Non-Citizens!
We the people are coming

Only 86% will think about it and send this on.

Should be a 100%.
What will you do?

Sovereign Man Notes from the Field Date: August 26, 2011 Reporting From: Zell am See, Austria

Sovereign Man

Notes from the Field

Date: August 26, 2011
Reporting From: Zell am See, Austria

Greetings from sunny Zell am See, easily one of the most tranquil places on the planet. Before I launch into this week’s questions, I first want to give kudos to our Asia partner and Chief Investment Strategist Tim Staermose. 

As you may know, Tim runs our 4th Pillar investment service, a low-risk proprietary trading system that he developed over years of experience… and he just scored yet another big win for his subscribers.

Tim got his readers into Australia’s QMastor Limited, a small software development company that is now being acquired for a huge premium. 4th Pillar subscribers will now rake in a 41% return in just 90-days , all without any downside volatility.

Congratulations to Tim and his subscribers– another great call for the 4th Pillar.

On to this week’s questions. First, Jennifer asks, “Simon, each day you are writing from some exotic location; what are you doing in these places? I mean, I know you’re working on something, but what exactly are you doing? Why do you travel so much?“

It’s true, I keep a hectic travel schedule. In fact, looking back over the conversations we’ve had just from the last two months, I’ve been through the UK, Spain, Andorra, France, Hungary, Bulgaria, Serbia, Kosovo, Greece, Albania, Bosnia, Montenegro, Croatia, Lithuania, and now Austria.

Simply put, it’s our business to put boots on the ground around the world–  checking and rechecking what are the best opportunities that each country has to offer, building solid contacts, and taking the pulse of what’s really happening in the world.

To give you an idea, this part of Austria is an excellent, cost effective safe haven location that has ample real estate income opportunities.

I’ve been investigating a few boutique hotels in the area that can be acquired for a small down payment and cheap financing (as low as 3%), even for foreigners. The properties are so cash flow rich that you’d have to try very, very hard to not make money.

Earlier this summer I was in the UK investigating two exciting business ventures that I wrote to you about several weeks ago, as well as meeting with some fund managers.

From Andorra, I told premium subscribers about the country’s strong, stable banking system, as well as cost effective residency options.

In the Balkans, I’ve been working hard to bring members a second passport opportunity that could be even faster and cheaper than the St. Kitts economic citizenship program.

From Kosovo, I found three different business ideas that could be extremely profitable in the country and offered to co-finance any of them for qualified managers.

Tomorrow I’m leaving for Malta where I have some meetings set up about the country’s citizenship possibilities, fund management infrastructure, and unique gold storage options. If I have time I’ll head over to Tunisia to update you about what’s going on there.

You get the idea. My network of global correspondents and I believe that this kind of first-hand intelligence is critical to taking action and staying abreast of what’s really happening in the world.

Furthermore, due to the rapid pace of change, information can become stale very quickly.  You can’t stay on top of things by sitting in North America and parroting what you read online… or by taking a rare field trip overseas.

Simply put, we keep moving because the world keeps moving, and we’re dedicated to providing the highest quality first-hand intelligence we can… hence the hectic travel schedule.

Next, in case you have been reading the mainstream media’s pitiful and overblown coverage of the protests in Chile, our correspondent Dr. John Cobin just wrote me with this:

“Simon- I just got back from downtown Santiago; it was like nothing had happened over the last two days. The streets are bustling with people conducting business as usual, and it’s clear that the protestors accomplished absolutely nothing… and probably ended up with a black eye for their foolishness.”

We’ll have more to report on this early next week.

Last, Johnson T. asks, “Simon, I can see what’s happening to the country and want to do something to protect what I have while I still can. What advice do you have for someone who is just getting started?“

Every day, more people are waking up to the reality that this big, bloated, bankrupt government is the greatest threat to their livelihood. Earlier this week, in fact, I referenced an article in the Wall Street Journal entitled “Federal Asset Seizures Rise, Netting Innocent With Guilty”.

The article title says it all– in the land of the free and home of the brave, you don’t even have to do anything wrong for the government to relieve you of your livelihood.

They can take away your entire life, leaving you without any means to prove to them that you’ve done nothing wrong in the first place.  This is why I think the most important defensive measure is to open a foreign bank account.*

(* US taxpayers must file form TDF 90-22.1 and schedule B 1040 if they have a foreign bank account)

The idea here is to have some money in a place where you can’t be locked out of it instantly by some bureaucrat.  Again, this is not something that is just for the rich and jet set , there are a number of places that have low (or no) minimum balance requirements.

Many banks will open an account without you having to leave town. Caye Bank in Belize is one example. Bendigo and Adelaide Bank in Australia is another. Capital Security in the Cooks is another.There are a lot of options if you have the will to act.

Have a great weekend.

Simon Black
Senior Editor, SovereignMan.com 

This article appears courtesy of SovereignMan.com: Notes From The
Field, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

Sovereign Man Notes from the Field Date: August 25, 2011 Reporting From: Zell am See, Austria

Sovereign Man

Notes from the Field

Date: August 25, 2011
Reporting From: Zell am See, Austria

As usual, the CNBC hosts were completely dumbfounded.

Phoning in from Sao Paulo, Brazil, investment guru Marc Faber was a guest on CNBC last week, once again telling the unvarnished truth about the state of the world economy and bankrupt western nations.

This time, Faber had a very clear message : that everyone should own *physical* gold… and what’s more, they should store it outside of the United States.

“I prefer if investors hold physical gold in a safe deposit box, ideally outside the US, in various locations… Switzerland, Singapore, Hong Kong, Australia, Canada… I think it’s important in today’s very uncertain world to diversify, not only the various asset classes… but also the custody of your assets should be in different jurisdictions.”

His hosts couldn’t believe it. -NOT- store in the United States, the bastion of freedom and security??!?! What lunacy!

CNBC: “Uh, so do you thus not trust US banks or US custodians? Do you think they might fail or abscond with the gold?”

Guffaws and incredulous snickers emerge from the hosts.

Faber: “I don’t trust anyone.”

Uncomfortable silence.

CNBC: “Hmmm. Interesting.”

Completely devoid of anything intelligent to say on the topic of sovereign diversification, they quickly changed the subject to talk about equities… but Faber soon came back to his original point.

Among other things, he mentioned that banks in Asia are FAR more stable and sound than they are in the west for not having invested so heavily in dead weight assets like Greek bonds or US mortgage-backed securities.

I couldn’t agree more.

This is a point I’ve been pounding on from day 1: internationalization, what I frequently call planting multiple flags, is absolutely critical to reducing your risk.

You won’t ever hear about it from the talking heads on state-sponsored media like CNBC. They refuse to look at the real world where America is no longer the center of the financial universe or the safest place to put money.

Truthfully, though, bankrupt nations like the United States pose the greatest risk of all to our prosperity and livelihood, regardless of whether we’re just starting out or have already achieved it.

This is because politicians will stop at nothing to maintain the status quo; the more they try to ‘fix’ things, the worse the situation becomes. They think they can borrow their way out of debt and spend their way out of recession. When these tactics don’t work, they just borrow and spend more.

In recent remarks during an official visit to Japan, Vice President Joe Biden said that China became the world’s second largest economy only because of US troop presence in Asia.

This line of reasoning only makes sense to a politician: China’s growth has nothing to do with its huge population, massive accumulation of savings, burgeoning technology, or culture of productivity… and everything to do with US military installations in South Korea, Japan, and Okinawa.

Such logic truly tests the patience of rational, thinking people, yet it exemplifies the kind of out-of-touch, mindless bureaucrat who is running the country.

Marc Faber has it absolutely right: entrusting the preponderance of your assets to these moronic sociopaths is a foolhardy endeavor. Own physical gold as a hedge against their idiotic fiscal policies, and store it overseas to make sure they can’t get their thieving hands on it.

Here in Austria, there’s a great secure storage facility in Vienna called Das Safe. You can rent a safety deposit box from them completely anonymously, and the box contents are insured for up to $50,000.

This is financial privacy at its finest… and if you want to take Marc Faber’s advice, you should definitely consider Das Safe. As an aside, Austria is also a great place to buy gold; you can purchase the gold ‘Philharmonic’ coin at almost every bank in the country at premiums as low as 3%.

If you’re serious about doing this, you should check out last month’s edition of Sovereign Man: Confidential. I covered a lot of detailed information about moving and storing gold overseas, including specialized contacts and obscure regulations that you need to know about.

You can learn more about taking a risk-free trial here.

Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com 

This article appears courtesy of SovereignMan.com: Notes From The
Field, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com