Asset and Wealth Protection
Personal Liberty focuses on conservative Americans who understand the importance of independent thought in the quest to grow and protect their financial assets, and are seeking to achieve financial freedom.
Thinking of cashing annuity for deposit in Canada credit union or bank or buying gold coins. Your thoughts and are there an problems moving money to Canada?
In any dealings with the Internal Revenue Service, and contrary to American jurisprudence, you are first considered guilty unless you can prove your innocence. There is little that sends more chills down the spines of American “taxpayers” than a letter or call from an IRS functionary.
My husband and I are both 76 and have very bad hearts. I feel that after January we won’t be able to have our heart medicine refilled. We are thinking about moving to Panama to have a chance to live. What do you think? Also, can you tell me how to get gold out of the United States?
(I began publishing my monthly newsletter The Bob Livingston Letter™ in 1969. The following is an excerpt from the June 2002 issue in which I advised readers to buy gold and gold stocks and get in on the bull market in gold. Over the next 10 years, gold gained an incredible 500 percent before its price was manipulated down over recent months. The gold stocks I recommended brought incredible returns.)
Gold is in phase one of a new bull market. Few people know it. The public won’t know it until phase three, after the dollar price of gold and gold stocks have skyrocketed.
If you have big losses in the big market now, switch to the gold market. Any broker or discount broker like TD Waterhouse can buy and sell gold stocks. You may have a chance to recoup your losses and accumulate generous profits by phase three of the gold bull which will be two to three years out.
The IRS/Tea Party Scandal doesn’t hold a candle to the size and scope of IRS abuses… So, it sheds no light on anything. Let’s boil this scandal down to simple words; words like “Tea Party” and “Patriot” and “Constitutional”; words that when used in paperwork to become tax exempt organizations, keep the people filing from being treated fairly.
When I lived and worked in Spain under the regime of Generalissimo Francisco Franco, cash was king. When I later moved back to North America, I continued to use cash whenever possible. You will not find me downtown with less than $500 on my person; and if I’m on a flight overseas, I’ll have much more. There are advantages to paying cash.
You refer to gold and silver coins in your letter (The Bob Livingston Letter, subscription required). What about those of us that have invested in 100 oz. silver bars? How do I fare when the boom is lowered?
(I began publishing my monthly newsletter The Bob Livingston Letter™ in 1969. The following is an excerpt from the May 2001 issue in which I advised readers to get out of the crashing Nasdaq market and put money in gold. The Nasdaq suffered three crashes over the next nine years, while gold has gained an incredible 434 percent. The Nasdaq is up only 52 percent from its May 2001 mark and is still down more than 34 percent from the dot-com bubble high.)
Gold and gold stocks are beginning to move up again. Gold has had so many false starts that nobody has any confidence in a gold bull market starting again. Gold has had a 21-year bear market after a 1980 blow off.
I read via “Human Events” e-letter yesterday that on 4/30/13 the Fed will proclaim that the US is now a CASHLESS SOCIETY. Can you comment on the truth of this and what the affects will be on Cash on Hand, people’s investment choices, etc.? Thank you.
If you own gold and silver, don’t panic over the recent price pullback. The “experts” now telling you to dump your gold and silver are the same “experts” who said things were rosy just before the fall 2008 crash. If you’re smart, you’ll do just the opposite of what those “experts” tell you to do.