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Freedom, Privacy and Prosperity in the Offshore World
Five Reasons to Get Out of Dodge Before It's Too Late
November 8, 2007


Thursday, November 8, 2007 - Vol. 9, No. 265

Five Reasons to Get Out of Dodge
Before It's Too Late

Welcome to a special edition of A-Letter! Today's comment is by Chuck Dolce, our on-the-scene reporter at the Offshore Advantage Academy on Paradise Island, The Bahamas.

Dear A-Letter Reader,

If you've never been to the Atlantis resort here on Paradise Island, let me tell you it's HUGE.

I took a wrong turn out of the grand ballroom this evening and walked five minutes before I realized I was heading in the wrong direction. Looking at today's markets, it seems like I wasn't the only one heading the wrong way.

  • The stock market got crushed with the DOW losing 361 points - its fifth biggest decline this year and the second 300-plus point decline in a week

  • The dollar index hit an intraday all-time low of 75.075  -  breaking new ground against individual currencies. It topped US$2.10 against the British pound for the first since 1981 and soared to 1.4731 against the euro  -  the weakest it's been since the currency's inception in 1999.

  • Crude oil inched closer to US$100 a barrel soaring to another all-time high of US$98.62. This year alone oil is up 60% and has tripled since only 2003.

  • Gold rallied another US$10.10 to US$833.50  -  just over US$16 from its all-time high of US$850 set in January 1980.
  • Morgan Stanley piled on to the US$1 billion in losses it has already taken announcing another US$3.7 billion write-down.

  • AIG, the nation's largest insurer, reported a 37% drop in profits for the third quarter.

  • GM announced it lost US$39 billion in Q3.

Where does it all end? Reading all those headlines, it's nice to be out of town. It's even better to be here at the Offshore Advantage Academy.

The event kicked off with Erika Nolan offering some introductory remarks. One comment in particular hit home with me. She said that investing these days was a whole new ballgame. Basically if you're NOT looking offshore, you're doing yourself a terrible disservice. I couldn't agree more.

Looking at the financial reports from today, the need to explore different ways to protect, diversify and grow your wealth is absolutely critical. In fact, she covered five key reasons why you should be looking offshore right now.

The U.S. Stock Market is Toast

First and foremost, taking your investments offshore offers you much better investment opportunities with higher returns. Let's face it, the U.S. stock market is no longer a good bet.

Teetering at overpriced highs, the market has lagged against the rest of the world for years now. She mentioned a chat she had with Sovereign Society's Investment director Eric Roseman. He told her the MSCI EAFE index - the preeminent benchmark for international equity performance  -  has outperformed the S&P500 by 3 to 1 for the past five years!

And the U.S. market has been falling out of favor with the rest of the world. Mike Burnick, Research Director of The Sovereign Society shared a statistic that I'll bet nobody knows. In 1970, the U.S. market represented 66% of global stock market value. Today it's only 34%. That's a 50% drop. Now is definitely not the time to be entrenched in U.S. stocks.

Beat the Dollar Woes

Offshore investments offer currency diversification. Opening any offshore account in a different currency immediately limits your dollar risk. I had a chat with Currency Director Sean Hyman earlier in the day.

Sean noted that the U.S. Dollar Index has been in a constant bear market since the U.S. abandoned the gold standard in 1971. Thirty-six years of heading lower. And new all-time lows today!

Of course it's no wonder with the Fed cranking up the printing presses whenever the crisis du jour rears its ugly head. Everyone worries about their investment returns, but no one thinks about what the dollars they get back will be worth. What good is a 25% return on your investment if the dollars you get back are devalued by 50%?

Two Words  -  Safety and Security

Offshore investing offers more safety and security. The credit crunch (actually crisis may be a better word) is threatening almost every financial institution in the U.S. these days. Dozens of banks and brokerages are staring over the edge of the cliff just waiting to see if the sub-prime disaster will send them hurtling into the abyss.

Offshore banks and investments offer much higher levels of liquidity. And they have much less exposure to the effects of the current liquidity crisis the U.S. is experiencing. Tens of billions of dollars have already been written off  -  gone without a trace  -  as a result of the credit crisis in the United States. And more and more is still to come.

Seeking that kind of security only makes sense these days.

Ex-Wives, Husbands and Business Partners...

Offshore structures offer better asset protection. And not just from economic threats. Legal dangers are lurking everywhere too. Erika mentioned there are approximately 20 million lawsuits a year in the United States. Many are frivolous. But nonetheless these suits result in untold financial losses.

Taking your money offshore can allow you to create virtually "judgment proof" structures that will protect your capital in advance of any trouble. Many of the best asset havens in the world simply don't take U.S. legal judgments at face value. That means to most offshore entities, a legal judgment in the U.S. isn't worth the paper it's printed on.

Nobody expects to end up in court. But if you're ever the target of a legal action, an offshore structure could very well save the day.

Your Business is Your Business

Finally, taking your money offshore offers you much greater privacy. In the U.S. these days, almost anyone with a little ambition can get all the information on you they want. Both personal and financial.

The best asset havens understand the value of keeping that information private. In some countries financial privacy laws are written into their constitution. In others, it's a criminal act to disclose your information. 

You simply can't count on that kind of protection anywhere in the United States.

Meet Your Investment Needs to a "T"

Sure there are important reporting requirements where offshore investing is concerned. But they're just as simple as filling out a 1040 form in the U.S. if you know what you are doing.

And the flexibility they offer is incredible. Different offshore havens offer different advantages. There are tax havens, asset havens and banking havens. Each one is perfectly legal.

Plus, you can mix and match the advantages of different jurisdictions to meet your specific investment needs. In many cases, solutions can be quite simple. There's no need to over structure your offshore accounts.

It was an incredible wealth of information of an opening session, set against a backdrop that absolutely punctuated the need for it all!

And we've only just started.

After sitting through just one session today I can't stress enough how important it is to get at least a portion of your money offshore. With U.S. stocks looking like they're ready to implode, the dollar collapsing to new lows everyday and oil screaming to new highs, I'm sure I don't need to tell you how much the information that is being revealed at this Offshore Academy is worth. To your wealth, protection and privacy.

Get It All For Yourself

Which brings me back to the special offer I mentioned yesterday. The Sovereign Society is putting together a recording of the entire conference. Every minute of every presentation.

Like I said, it's only the opening session and we're already off to an incredible start. And there are seven more sessions to come. All packed with vital information for getting your money offshore. I could probably write until my fingers fell off and not relay all the ground we'll cover.

But it doesn't matter because you can get the conference for literally pennies on the dollar. All the speakers, all the information all the slides and charts. For only US$127. A fraction of what attendees are paying to be here on Paradise Island will get you the MP3 recordings as soon as they're available. If you'd prefer to have a set of CDs, that's only US$147.

But this offer is for a limited time only. Until the end of the conference. After that, prices are going up. I don't know how high, but I can guarantee you this, you'll never see this offer again.

Sure, with all the information I'm sure will be packed into them, they'll be a bargain at whatever the post-academy price may be. But why wait until then when you can get it all at this fantastic discount?

Don't wait to see what kind of disasters tomorrow's headlines will bring. What kind of damage stocks will do to your portfolio. How much your dollar holdings will be devalued once again.

Click here right now to take advantage of this terrific offer and reserve your recordings right away.

But that's enough for now. Tomorrow will be another information packed day covering the ins and outs of setting up offshore accounts and other legal entities. Right now I'm off to the exhibit hall to do a little socializing with fellow attendees and have a cocktail or two. Till tomorrow...

Cheers,

Chuck Dolce
Your Offshore Conference Connection

P.S. Erika's also told me that your satisfaction is 100% guaranteed. You risk absolutely nothing. And the advantages you'll gain will be priceless. Don't wait for the price on these recordings to double or go possibly even higher. Reserve your copy right now for US$127. You'll be assuring your financial privacy, protection and growth for years to come. Click here to reserve your copy now.




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