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Getting out of Dodge
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Viralata Offline
Sparrow

Posts: 75
Joined: Apr 2011
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Post: #1
Getting out of Dodge
Some quotes from an interesting article...

http://www.mining.com/2012/01/04/doug-ca...-of-dodge/

"One should be actively and vigorously looking to expatriate assets, cash, and even one’s self. A prudent person will always be diversified politically and internationally."

"Set up foreign bank accounts in places you like to travel, while you can. Set up vault arrangements for physical precious metals outside the US. Buy foreign real estate that you’d like to own, because it can’t be forcibly repatriated. Offshore asset protection trusts are a good idea too. Become an International Man. Let me emphasize that US taxpayers should stay within all US laws, because the consequences of breaking them are unbelievably draconian."

"Generally, one simply must internationalize one’s assets. The biggest danger investors face, by far, is not market risk – huge as that will be – but political risk. The only way to insulate yourself from such risk is to diversify yourself politically and geographically."
01-05-2012 01:33 AM
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