Best of the Week
Most Popular
1. Market Decline Will Lead To Pension Collapse, USD Devaluation, And NWO - Raymond_Matison
2.Uber’s Nightmare Has Just Started - Stephen_McBride
3.Stock Market Crash Black Swan Event Set Up Sept 12th? - Brad_Gudgeon
4.GDow Stock Market Trend Forecast Update - Nadeem_Walayat
5.Gold Significant Correction Has Started - Clive_Maund
6.British Pound GBP vs Brexit Chaos Timeline - Nadeem_Walayat
7.Cameco Crash, Uranium Sector Won’t Catch a break - Richard_Mills
8.Recession 2020 Forecast : The New Risks & New Profits Of A Grand Experiment - Dan_Amerman
9.Gold When Global Insanity Prevails - Michael Ballanger
10.UK General Election Forecast 2019 - Betting Market Odds - Nadeem_Walayat
Last 7 days
This Invisible Tech Stock Threatens Amazon with 800,000+ Online Stores - 21st Nov 19
Crude Oil Price Begins To Move Lower - 21st Nov 19
Cracks Spread in the Precious Metals Bullion Banks’ Price Management System - 21st Nov 19
Why Record-High Stock Prices Mean You Should Buy More - 20th Nov 19
This Invisible Company Powers Almost the Entire Finance Industry - 20th Nov 19
Zig-Zagging Gold Is Not Necessarily Bearish Gold - 20th Nov 19
Legal Status of Cannabis Seeds in the UK - 20th Nov 19
The Next Gold Rush Could Be About To Happen Here - 20th Nov 19
China's Grand Plan to Take Over the World - 19th Nov 19
Interest Rates Heading Zero or Negative to Prop Up Debt Bubble - 19th Nov 19
Plethora of Potential Financial Crisis Triggers - 19th Nov 19
Trade News Still Relevant? - 19th Nov 19
Comments on Catena Media Q3 Report 2019 - 19th Nov 19
Venezuela’s Hyperinflation Drags On For A Near Record—36 Months - 18th Nov 19
Intellectual Property as the New Guild System - 18th Nov 19
Gold Mining Stocks Q3’ 2019 Fundamentals - 18th Nov 19
The Best Way To Play The Coming Gold Boom - 18th Nov 19
What ECB’s Tiering Means for Gold - 17th Nov 19
DOJ Asked to Examine New Systemic Risk in Gold & Silver Markets - 17th Nov 19
Dow Jones Stock Market Cycle Update and are we there yet? - 17th Nov 19
When the Crude Oil Price Collapses Below $40 What Happens? PART III - 17th Nov 19
If History Repeats, Gold is Headed to $8,000 - 17th Nov 19
All You Need To Know About Cryptocurrency - 17th Nov 19
What happens To The Global Economy If Oil Collapses Below $40 – Part II - 15th Nov 19
America’s Exceptionalism’s Non-intervention Slide to Conquest, Empire - and Socialism - 15th Nov 19
Five Gold Charts to Contemplate as We Prepare for the New Year - 15th Nov 19
Best Gaming CPU Nov 2019 - Budget, Mid and High End PC System Processors - 15th Nov 19
Lend Money Without A Credit Check — Is That Possible? - 15th Nov 19
Gold and Silver Capitulation Time - 14th Nov 19
The Case for a Silver Price Rally - 14th Nov 19
What Happens To The Global Economy If the Oil Price Collapses Below $40 - 14th Nov 19
7 days of Free FX + Crypto Forecasts -- Join in - 14th Nov 19
How to Use Price Cycles and Profit as a Swing Trader – SPX, Bonds, Gold, Nat Gas - 13th Nov 19
Morrisons Throwing Thousands of Bonus More Points at Big Spend Shoppers - JACKPOT! - 13th Nov 19
What to Do NOW in Case of a Future Banking System Breakdown - 13th Nov 19
Why China is likely to remain the ‘world’s factory’ for some time to come - 13th Nov 19
Gold Price Breaks Down, Waving Good-bye to the 2019 Rally - 12th Nov 19
Fed Can't See the Bubbles Through the Lather - 12th Nov 19
Double 11 Record Sales Signal Strength of Chinese Consumption - 12th Nov 19
Welcome to the Zombie-land Of Oil, Gold and Stocks Investing – Part II - 12th Nov 19
Gold Retest Coming - 12th Nov 19
New Evidence Futures Markets Are Built for Manipulation - 12th Nov 19
Next 5 Year Future Proof Gaming PC Build Spec November 2019 - Ryzen 9 3900x, RTX 2080Ti... - 12th Nov 19

Market Oracle FREE Newsletter

$4 Billion Golden Oppoerunity

Offshore Shakedown: FATCA, The Panama Papers and Why You Need a Self-Directed IRA

Politics / Taxes Jun 21, 2016 - 12:26 PM GMT

By: Jeff_Berwick

Politics

I recently sat down for an interview with TDV Offshore‘s Managing Director Paul Seymour to discuss the worsening worldwide situation for financial privacy and economic survival. Topics included the Panama Papers, precious metals, self-directed IRAs, 401Ks, The Foreign Account Tax Compliance Act (FATCA) , offshore bank accounts, offshore corporations and Paul’s belief that a financial catastrophe may loom as soon as October 2016.


You can see the video below.

The main thrust of our discussion involved ways people can protect themselves from laws and regulations being passed throughout the West that are stripping savers and investors of their financial privacy. Once financial privacy is removed, it is easy for government to confiscate funds on a massive scale. It’s happened over and over throughout history. Paul believes, as I do, that it’s going to happen again in the West, and relatively soon.

Paul used to work for mainstream financial shops but became increasingly upset with the lies and corruption. Eventually, he decided to quit and recently renounced his American citizenship entirely. He is urging clients to get themselves and their funds offshore while they still can. That’s a great idea.

With the advent of the Panama Papers hack supposedly showing that important individuals were placing their funds offshore to avoid taxes, new regulations have been passed to compel the public presentation of corporate structures. Around the world, financial privacy is basically… finito.

Additional laws and regulations are often aimed at banks, and with the same intentions. The idea is to compel banks around the world to strip away customer privacy by demanding an enormous amount of information before an account can be opened or a transaction can take place.

The most notable example of this is FATCA, which compels banks to closely track their American customers financial dealings and extract taxes from American accounts to send to the IRS. Many banks around the world won’t do business with Americans as a result. US citizens are having more and more trouble setting up private and corporate accounts and keeping them active.

Toward the latter half of the interview, Paul and I discuss solutions that Americans can take advantage of to help secure their wealth and retirement incomes. These include, most importantly, opening up offshore IRAS and corporate accounts that are difficult for the US to confiscate.  Paul believes that anyone who can get their IRA or 401K out of the US ought to do so as soon as possible.

He is sure that once a financial crisis hits the US, the federal government will likely react by freezing and then reinvesting people’s retirement assets. Instead of stocks and bonds and other asset classes, Paul believes public assets will be dumped into Treasuries yielding little or no interest… or even worse, negative interest where you pay the US government to loan them money for their War of Terror. This is a no-brainer. I’m sure it will happen.

Also, Paul adds, at the same time, the Federal Reserve will begin to inflate aggressively. Whatever assets people have left will be enormously depreciated. None of this is by accident. The idea is to make people so poor they can’t afford to leave the US even if they want to.

“They want to trap you,” Paul says. “Make it so you can’t afford to leave anymore.” He finds it hard to believe that with everything going on, more people aren’t being aggressive about moving their money offshore. He has the tools to be incredibly helpful to TDV-ers. He points out, for instance, that he can create offshore, tax-deferred accounts. Once created, funds can be reinvested in tax-deferred investment vehicles.

“Or you can simply sit in the United States with your money and take a 30 or 40 percent hit on your tax-deferred savings when you finally decide to cash out,” he warns.

When financial disaster strikes. It will be too late.

Paul finishes our interview by giving out his email address which is pseymour@tdvoffshore.com. That’s a handy email to keep around. I urge you to use it ASAP.

In addition to contacting Paul, if you are not a subscriber to the TDV Newsletter, you should be. It provides up-to-the-minute information about critical events, regulations and even cash confiscations taking place. It also suggests gold and bitcoin investments that have been enormously profitable for subscribers in 2016. Our financial guru Ed Bugos is in charge of the TDV portfolio, and he’s been on fire this year. The portfolio is up more than 50 percent. You can subscribe HERE.

And take a look at the video, here it is:

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2016 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules