FOR INFORMATION PURPOSES ONLY-
I HAVE NO FINANCIAL INTEREST IN THE FOLLOWING ARTICLE.
The One Place Left Where
Goverment Can't Get Your Money
Dear Reader,
The statistics are outright scary:
A record 47.8 million Americans are on some form of food stamps—that’s 15% of the population;
The real unemployment rate, when you include people who have given up looking for work and who have part-time jobs but want full-time jobs, sits at 14%;
People dependent on government handouts now outnumber people with private-sector jobs in 11 states; and
About half of retired people in the U.S. now die with less than $10,000 in financial assets.
In fact, take Social Security out of the picture and one out-of-four Americans, 25% of the population, now lives below the poverty line, according to U.S. Census Bureau statistics.
Poverty in the U.S. has reached a 50-year high.
As sad as it is, poverty has become an epidemic in America.
And to help the growing millions (yes I said “millions”) of poor people, the Obama administration is handing out money to them at an alarming rate.
Welfare spending has exploded 41% since Barack Obama took office.
Entitlements to Americans under President Obama accounted for more than 62% of all Federal spending last year.
But here’s the bigger problem and why Americans are really worried:
The government doesn’t have the money to keep helping all these millions of poor Americans.
Everyone knows the game now.
To raise money to pay its bills (especially its entitlements to its citizens), the government issues bonds with a simple promise of repayment.
In the good old times, the Japanese, Chinese and Europeans would buy U.S. Treasuries and the U.S. government would fund its operations with the money it got from selling the T-bills.
But all these countries have their own problems these days.
So now, the government issues T-bills and the Federal Reserve buys these T-bills with money it simply creates out of thin air.
According to The Wall Street Journal, the Federal Reserve bought 61% of all the Treasuries the U.S. government issued in 2011. Hence, the majority of money the government needs is simply being printed.
At one point, this “Ponzi Scheme” will collapse the value of the U.S. dollar. Printing more paper money won’t work anymore, and the government will be forced to get the money it needs to maintain itself and help its poor from elsewhere.
The next logical step for a country that cannot print any more of its currency (if we look at the eurozone example) is austerity measures.
But austerity won’t work in the U.S. because we have far too many poor people; millions of them. Cutting the entitlements of the poor could cause civil unrest.
So what happens when the ridiculous concept of simply printing more paper money when you need it ends (and it will end very badly, crashing out financial markets)…
…when austerity in America is rejected by the masses…
The next step is for the government to tap the private retirement plans of its citizens.
Throughout history, when governments have gotten desperate, that’s what they’ve done; taken money directly from its people. In modern times, it’s happened in Argentina and Cyprus. America will be no different.
In fact, the U.S. government has seized private assets before.
We all know that, under Executive Order 6102, President Roosevelt declared it illegal for private citizens to own gold in any amount exceeding $100 per person.
Once the order was passed, U.S. citizens were given less than two months to turn in all of their gold to the Federal Reserve bank in return for $20.67 per ounce!
What few of us know is that on March 16, 2012, President Obama signed Executive Order 13603 which authorizes the U.S. government to confiscate from its citizens whatever it feels is necessary to protect the security of its nation. The ambiguous document authorized the use of martial law and the abolition of private property rights.
Executive Order 13603 was executed by the same president who pushed “Obamacare” right through Congress and who has been responsible for nearly 60% increase in our national debt since he took office.
Worse, Executive Order 13603 is just one of the policies the president has enacted that take away from the rights Americans were granted under our Constitution and our Charter of Rights.
Today, in this brief report, I'm going to show you how easy it is for the government to get to your savings and investments.
And most importantly, I’m going to show you the simple step you can take today to insulate your wealth against this action—and get your money in a place the government can’t touch it.
“Government Gone Mad?”
You might find this off the wall, but I believe we are headed to a period where millions of Americans will find themselves broke, without a prayer for the future.
The money they’ve taken years to save could be tapped by the government.
While many dark days are behind us—there are many worse days ahead.
But there is one simple strategy you can tap today to avoid heartbreaking losses while growing your wealth in safe, Uncle Sam-proof investment vehicles.
And no, I'm not talking about gold.
I'll explain more about that later. Suffice to say, there are solutions to the disturbing facts I'm going to share with you today.
First, it's important I give you the full story on what's really going on in the U.S.A.
The Only Way Out for the World’s Biggest Debtor Nation
As I check the National Debt Clock, the current U.S. national debt is just over $16.8 trillion. But if you stop there, you’ll miss the bigger picture.
On top of that outrageous amount of debt, the U.S. government is also sitting on $123.0 TRILLION in unfunded liabilities for Social Security, Medicaid, and other entitlement programs.
Added up, this brings the total debt to nearly $140 trillion.
Divided by every citizen of the U.S., this equates to more than $393,000 owed by every man, woman, and child!
The Obama administration has increased debt more than all the presidents from George Washington to George H.W. Bush combined.
This “unchecked spending” will be the road to disaster.
Right now, it’s estimated that the U.S. government borrows four out of every 10 dollars it spends.
As I said earlier, in previous times, the Japanese, Chinese and European countries would buy U.S. government treasuries. Those days are gone for two reasons:
Japan, China and the eurozone have their own economic problems; and…
All three countries have caught onto the game. They know the money they would lend to the U.S. would only be paid back with newly printed U.S. dollars.
And the more dollars in circulation, the less they are worth, the less Japan, China and the eurozone get back when they convert devalued U.S. dollars back into their own currencies.
Hence, the concept of having foreigners finance America’s debt has come to an end.
Over the last few years, it has been the Federal Reserve that has “lent” the government the most money...
The Federal Reserve's balance sheet has grown to a record $3 trillion; more than triple what it was before the financial crisis. And they've used the money to buy toxic mortgage-backed securities (thus bailing out the banks and the executives that run them) and long-term Treasury bonds!
For years, this process has kept the country afloat: the government needs money; the Federal Reserves prints new paper money and gives it to the government.
But that's coming to an end to as investors wake up to the shell game Washington and the Fed are playing.
Printing more paper money isn’t the answer. It’s actually the devil. The more paper money is printed, the more inflation is becoming a real problem.
The Producer Price Index, a measure of inflation at the wholesale level, is running at 8.4% a year. Corn futures at the beginning of 2007 were priced around $350 per contract. Today, they are running at $630—a jump of 80%!
Is History About to Repeat Itself?
Walk up to anyone you know and ask them if they remember Executive Order 13603.
Chances are you'll get a blank stare.
This highly controversial bill is the death sentence for everything America's founders dreamed. But I would wager 9 out of 10 people don't realize it was passed, or what's inside the order (I'll explain how Obama accomplished this shortly).
Of course, it follows in the tradition of a long line of Executive Orders pushed through during times of crisis.
During World War I, Woodrow Wilson pushed through Executive order 2697...making it a REQUIREMENT for you to file an application with the nearest Federal Reserve Bank before you could export your gold or bullion. That means you had to receive PERMISSION to move your money out of the country.
Then came President Roosevelt’s Executive Order 6102—making it illegal for private citizens to own gold in any amount exceeding $100 per person. Once the order passed, citizens were forced to turn in all their gold to the Federal Reserve Bank at a redemption price of just $20.67 an ounce.
Next, President Nixon used a declared state of national emergency to push through Executive Order 11615—instituting controls on wages, prices, salaries, and rent. (It was this executive order that effectively ended the gold standard.)
President Clinton would later use executive orders to wage war on the Federal Republic of Yugoslavia and the Republic of Serbia—without authorization from Congress.
Then, in September of 2001, President Bush—following on the heels of the 9/11 attacks—signed Executive Order 13224. This enabled the government to freeze the assets of a person or group that may be aiding a terrorist—and all depending on “who” the government defined as a terrorist.
These are just a few of the executive orders that have been used through the last century. And they all have one thing in common: they strip the freedoms of Americans while empowering the president beyond the powers he was given in the Constitution.
In fact, President Theodore Roosevelt, who passed more Executive Orders than any previous president, once said, “I think [the presidency] should be a very powerful office, and I think the President should be a very strong man who uses without hesitation every power the position yields.”
Now, President Obama has moved forward with an executive order that would make even Teddy blush...
The Greatest Freedom-Killing Law Ever Passed
On March 16, 2012, President Obama executed one of the greatest freedom-killing laws ever witnessed in America's 237 year history.
I'm talking about Executive Order 13603.
As Jim Powell, a contributor at Forbes, stated: “...more than previous national security orders, Obama's 13603 seems to describe a potentially totalitarian regime obsessed with control over everything.”
In short, Executive Order 13603 allows the president to ““issue regulations to prioritize and allocate resources.”
This means he can seize and ration “all commodities and products that are capable of being ingested”.
All food...water...fuel...civil transportation...medical devices...and much more, only during “the full spectrum of emergencies.”
And here's where you should start worrying. Little do most people realize, the United States has been in a declared state of national emergency since the year 2001!
On September 14, 2001, President Bush declared the United States to be in a state of national emergency, which President Obama extended just last year.
This means Obama has already given himself the right to confiscate national resources.
But that's just step one.
His next effort will hit even closer to home.
Obama's $19.5-Trillion Jackpot Ready for the Taking?
You see, the government could have its eyes on a juicy sum of money just waiting for the taking.
A $19.5-trillion windfall that he could use to cover all of the current “official” national debt.
It was Teresa Ghilarducci who first suggested the concept of a “Guaranteed Retirement Account” to the president.
This Guaranteed Retirement Account would allow the president to nationalize private pensions and fold them into a government-regulated account.
It would:
- End your ability to manage your own retirement account (cutting off your access to the money)
- Pay you only a fixed return of 3% a year (never a cent more)
- Lock your money up in a government-managed account
Does this sound familiar?
It should.
Social Security was formed under almost the same premise—and you see what the government has done with that.
Just like governments have used social security funds to finance their spending...the current administration could use the $19.5 trillion of this “retirement fund” to clear the debt.
Don't think this is possible?
On October 7, 2008, the House of Representatives convened to discuss eliminating tax breaks for 401Ks.
During the discussion, they moved into a debate on confiscating retirement accountsoutright.
Obama was too busy working on his election in the fall of 2008 to pay much attention to this.
But today, the situation is more critical as government debt has skyrocketed.
And the ball is already rolling.
A recent hearing sponsored by the Treasury and Labor Departments possibly marked the first step towards Obama grabbing hold of this jackpot—a jackpot that represents YOUR pension and YOUR retirement.
National Seniors Council Director Robert Crone, who was in attendance, remarked: “it is clear that this is the first step towards a government takeover. It feels just like the beginning of the debate over health care and we all know how that ended up.”
As we speak, there is a bill moving through Congress that would require employers to enroll their employees in these government IRAs—allowing the government to automatically deduct and deposit their money into this account.
Robert Crone explains: “If this passes, the government will be just one step away from being able to confiscate all these retirement accounts.”
As you have seen in this report, it only takes one executive order and the president will have whatever he wants.
And it’s happened before in other countries.
In 2008, Argentinean President Cristina Kirchner nationalized her country's private pensions—seizing over $29 billion of her citizen's private wealth to “pay off the debt.”
But that's not all.
The same is being done by Poland...Ireland...Bulgaria...France...Hungary.
Obama is not doing the unprecedented: he is simply following a trend of other totalitarian countries.
How to Protect and Grow Your Money
So the question is...how can YOU protect yourself from a government gone desperate?
Well, the worst thing you can do right now is sit on your hands and hope the government does the “right thing.”
To protect and grow your wealth, you need to be taking the necessary steps now.
Not only to make sure your savings and investments are not tapped by a government with no other alternative than to take money from its citizens, but also to protect your wealth as the government continues to borrow and print its way into an early grave.
The “New Switzerland” of the West
My name is Michael Lombardi and I live full time in Canada now.
It’s where I run several successful businesses including one of the world’s largest investor research firms, Lombardi Publishing Corporation.
We’ve been widely recognized as predicting five major economic events over the past 10 years.
In 2002, we started advising our readers to buy gold-related investments when gold traded under $300 an ounce.
In 2006, we begged our readers to get out of the housing market...before it plunged.
We were among the first (back in late 2006) to predict the U.S. economy would be in a recession by late 2007.
We even correctly predicted the crash in the stock market of 2008 and early 2009.
While it’s not known to many, Canada and the United States are the world’s largest trading partners and they share the world’s longest border.
But Canada’s economic structure and policies are very different than the United States. In fact, Canada is often referred to as the “New Switzerland” of the West.
Sure, many Americans could consider Canada’s banks to be a little “bland,” or even a little “boring” as far as risk-taking goes...
...But that wouldn’t be a fair description of a banking system whose policies avoided the toxic debt that tanked the U.S. banking system.
The strength of Canada’s dollar comes from more than sound management.
It’s also powered by resources the rest of the industrialized world is in desperate need of like gold, silver, timber, oil, graphite, copper and many other minerals.
The country is so rich with these resources that the larger players in the 11-year-old precious metals bull market are taking notice.
Peter Schiff, CEO of Euro Pacific Capital and host of the nationally syndicated broadcast, The Peter Schiff Show, has the following to say about Canada:
“I'm already investing in Canada. I personally have more money invested in Canada than I do in the U.S... There are a lot of resource names up here. Pretty much all the stocks I own in Canada are resource stocks”
But resources are only one part of the equation.
Another key aspect of Canada’s growth is its housing market – Toronto, its financial capital, is enjoying its 16th consecutive year of rising home prices.
You see, banks don’t lend so easily here.
Canadian home buyers are obligated to pay a substantially high down payment when they buy any property.
Money isn’t being thrown to people who can’t pay it back.
Last year, Canada’s finance minister even introduced a new set of rules to make sure all lending is kept in check.
This is a country that actually rewards people who manage their money responsibly.
How Smart American Investors Protect Their Wealth;
Making 25% on Their Money Guaranteed Up to $100,000
To get you on the right road, while America goes down the wrong road, my research firm has just put the finishing touches on a special report called, “How Smart American Investors Protect Their Wealth; Making 25% on Their Money Guaranteed Up to $100,000.”
In this research report, you’ll get the basics on how easily Americans are quietly stashing money in Canada and making big money doing so!
Over the past four years, the Canadian dollar has increased in value against the U.S. dollar by 25%. So if you did nothing but put $10,000 in a Canadian bank four years ago, today you could close that account and walk away with $12,500 U.S.!
Here’s the best part: That money invested in a Canadian bank account is guaranteed by the Canadian Government for up to $100,000.
We’ll also show you how easy it is for Americans to invest in Canada from the comfort of their own home or office.
For Americans: Three Easy Steps to Opening a
Bank Account in the New Switzerland” of the West
A second research report we’ve prepared, “For Americans: Three Easy Steps to Opening a Bank Account in Canada,” gives you the step-by-step essential details for getting some of your money into a Canadian bank.
Opening a Canadian bank account is a simple process. We’ll show you three different ways to do it.
The two reports I just mentioned will help you get some of your money outside of the U.S. into safe Canadian banks.
If the past four years are the same as the next four years, and the Fed just keeps printing money to pay for America’s past mistakes, you’ll make 25% on your money just by having it outside the U.S.!
Now, to get a steady, secure source of money coming into you each month…
Four Canadian Stocks all American
Investors Should Own for Income
A third special report we’ve put together, “Four Canadian Stocks all American Investors Should Own for Income,” recommends the crème-de-la crème of secure, high dividend paying Canadian income stocks.
My favorite in the group is a Canadian bank stock with a market cap in excess of $30 billion...a bank that makes a profit of about $3 billion a year and pays out about half that amount to its shareholders.
The best parts:
This bank has not missed a dividend payment in 182 years of making them! Last year it paid $1.4 billion out to its shareholders.
It pays out its dividend quarterly.
Buy this one stock right now and get a secure 5.1% per annum dividend yield right off the bat—-paid in Canadian dollars that are appreciating every day in value against the greenback!
The other three stocks in “Four Best Canadian Stocks All American Investors Should Own for Income” are blockbuster companies too, each with over 100 years of history, each with a proven track record of increasing their dividend payouts to investors.
Buy all four of these stocks and you’ll be getting a dividend check 12 times a year!
Top Three Canadian Gold
Stocks That Pay Investors
Finally, my research company is a huge bull on gold bullion.
In fact, I was one of the first to turn bullish on gold way back when it was under $300 an ounce. Here’s the exact text from an e-mail I blasted to my followers back on December 13, 2002:
“I’ve been pushing gold bullion and gold shares for over a year now. Back in January 2002, I personally started buying gold shares.”
As the Fed prints more money to the pay for the past sins of America, gold prices will rise and rise. And at some point the U.S. government may actually try to seize all the gold it can.
Sound far fetched? Not really. It’s happened before in the U.S. and it can happen again.
Back in March of 1933, under Executive Order 6102, President Roosevelt declared it illegal for private citizens to own gold (in an amount exceeding US$100 belonging to any one person) and U.S. citizens were given less than two months to turn in all of their gold to the Federal Reserve Bank in return for $20.67 U.S. per ounce.
But this time it might not just be gold bullion that the government goes after—-it could be the gold mining companies themselves that are at risk.
If, like me, you believe the unprecedented rise in U.S. government debt and money printing will push gold prices even higher as time passes, you’ve likely invested in some gold stocks already.
But to really protect yourself, you should own some shares of quality non-American gold mining companies located and trading outside of the United States.
“Top Three Canadian Gold Stocks That Pay Investors,” is the final of my four special reports I’d like to send you.
The gold companies we recommend in this special report are among the largest gold companies in the world. They are low cost producers who will benefit immensely as gold prices continue to rise. And the recent price correction in gold’s on-going bull market makes these stocks a streaming buy right now!
All three of these stocks pay out hefty dividends to their shareholders in Canadian dollars—-again a currency that has been appreciating rapidly against the greenback.
In total, there are four special research reports that I want to send you:
How Smart American Investors Protect Their Wealth; Making 25% on Their Money Guaranteed Up to $100,000
For Americans: Three Easy Steps to Opening a Bank Account in Canada
Four Best Canadian Stocks All American Investors Should Own for Income
Top Three Canadian Gold Stocks That Pay Investors
These research reports have been personally written by me. Each is eight pages long, well researched and very specific on what you need to do.
For reports like these (we’ve sold thousands of them through the years), we usually charge $195 each.
As part of this special offer, I’d like to send you all four reports, a $380 value.
I’d like to send these four reports to you within 48 hours.
All I ask of you in return is that you try the monthly financial newsletter my research firm publishes called Income for Life.
Income for Life shows you how to keep your retirement savings safe and how to get your hands on a steady stream of income that’s out of reach of the government’s ever growing tentacles.
Income for Life is written by Mitchell Clark, B. Comm., one of our top financial analysts here at Lombardi Financial Research.
Mitchell lives in Canada. And prior to joining me, Mitchell worked at one of the largest investment brokerages houses in Canada... so he knows more than a thing or two about successfully investing in Canada.
Now, you should be warned, Mitchell doesn’t make many recommendations in Income for Life. In fact, over the past four years, Mitchell has made 17 conservative income stock recommendations in Income for Life, only one pick a quarter.
Remember, this is about getting some of your money outside of the U.S. , somewhere the goverment can't touch it.
And it’s about creating a steady source of secure income.
We see no point in overwhelming our customers with stocks to buy when they’re likely just getting their feet wet with the concept of investing outside the U.S.
Here’s the most important thing I can say about Income for Life:
All 17 of Mitchell’s picks in Income for Life over the past four years have been winners—-that’s a 100% success rate at picking safe, income paying stocks.
With that being said here’s another very important detail I can tell you about Mitchell’s 100% success rate:
His 17 picks have generated an average profit of 56.1% each!
This track record has been 100% verified and fact checked by me.
We believe in as much transparency as possible with our customers.
That’s why we list our complete track record of open and closed positions in each issue of Income for Life.
A subscription to Income for Life comes with:
12 monthly issues of Income for Life with our buy, sell or hold advice. Each issue lists all our open and closed positions in chart format for your easy reference. All new recommendations come with complete analysis including stock price charts.
E-mail bulletins and alerts. Whenever there is important news that comes across our desks on one of our positions, we’ll send it off to you instantly. Any changes in our recommended portfolio that can’t wait for the monthly newsletter, we’ll e-mail them to you.
Private toll-free hotline. We understand buying Canadian stocks might be new for many of our customers. So we set-up a toll-free hotline you can call weekly for more handholding, more up-to-date information, and more tips on getting some of your money outside of the U.S. into Canadian stocks paying out big dividends in Canadian dollars.
Membership in Income for Life is regularly $295 per year. Through this special offer, because we’re so convinced you need to get some of your money outside the U.S. before inflation further deteriorates the value of the greenback, we’re prepared to slash $100 off the regular price and offer you one year of Income for Life for only $195.
If you don’t like what you see, if at anytime you’re not happy with the money you are making with Income for Life, you can cancel for a pro-rated refund.
To recap, you get these four new investor research reports:
How Smart American Investors Protect Their Wealth; Making 25% on Their Money Guaranteed Up to $100,000
For Americans: Three Easy Steps to Opening a Bank Account in Canada
Four Best Canadian Stocks All American Investors Should Own for Income
Top Three Canadian Gold Stocks That Pay Investors
You get…
12 monthly issues of Income for Life with our buy, sell or hold advice – our top-rated financial newsletter where all, that’s 100%, of the stock picks we’ve made over the past four years have been winning trades!
E-mail bulletins and alerts sent to your e-mail in-box as warranted
A private toll-free Income for Life hotline to call as often as you please
$100 off the regular price of $295, you pay only $195 for one-year of service.
An iron-clad money back guarantee: You can cancel at anytime if you’re not satisfied. Just call us and let us know you want to cancel, and we’ll give you an immediate pro-rated refund and the four research reports are yours to keep forever just for giving Income for Life a try.
Please, heed my advice.
Take action now to protect at least some of your assets from the long reach of the government.
And get a steady stream of secure, even guaranteed, income coming in to you and your family on a monthly basis – income the government can't get to!
All you need to do to get started today is hit the click-here-to-order button next to my signature.
Thank you for listening.
Yours truly,
Michael Lombardi Michael Lombardi, MBA Founder, Lombardi Publishing Corporation Celebrating 26 years of providing timely guidance to investors |
Dear Reader: There is no magic formula to getting rich in the stock market. Like all forms of investment, success in selecting stocks with the best prospects for price appreciation can only be achieved through proper and rigorous research and analysis of publicly available company and industry filings and news releases. The opinions in this advertisement are just that, opinions of the author. Warning: Stock trading involves high risks and you can lose a lot of money—you may even lose all the money you invested. So please, do not invest with money you cannot afford to lose. Past Results are not necessarily indicative of Future Results.
No comments:
Post a Comment