Warning: Currency Wars Are Here

A New Monetary World Order  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

July 14, 2023 UNSUBSCRIBE

Warning: Currency Wars Are Here Good Morning Reader, Happy Friday! Every week, our experts all get together to exchange ideas.  We also try to take some time on Fridays to answer some of your pressing questions.  So let’s dive in… One reader asked, “Besides gold,what should we convert our U.S. cash to?”  We do beat the gold drum pretty hard here at the Daily FWD. But, as you pointed out, that’s not the only place your cash can go into.  Here’s what Jim Rickards has to say: If Not Gold… What? JIM RICKARDS Outside of gold, you can hold other hard assets like land, silver, fine art and farms that will retain their value in inflation.  A second option is to hold stocks that invest in hard assets such as companies in oil, natural gas, agriculture, mining, transportation and defense — I recommend allocating about 30% of your portfolio in these areas. I’m actually going to be broadcasting live this coming Tuesday, the 18th, to discuss more ways you can play this market — without gold.  You see, I’ve been watching the situation that’s developing with the global currency market… and I know there are ways you can protect and grow your wealth as this all plays out. This has nothing to do with the gold market. In fact, the returns on the investments I’m going to show you could dwarf anything you could get in the gold market. It’s a free event where I’ll be briefing you on everything about the current currency wars… and the steps you can take to make sure you’re positioned correctly for what’s coming.  Tuesday at 6:45 PM ET might be your only chance to see it LIVE. Click here to save your seat. Clicking the link above automatically registers you for Live from Pentagon City, but does not obligate you in any way to attend the event. By reserving your spot, you will receive event updates. We will not share your email address with anyone. And you can opt out at any time. Privacy Policy. See you there! Jim Rickards Another one of our readers asked a pointed question we thought needed addressing… he said, “We do not care who lit the fire, where is the exit? Explain the situation, forget the blame. Tell us what we have to work with and how.” You’re right in that it doesn’t really matter why you need to protect yourself, but we’d never want you following blindly. We still want you to know where the danger is coming from so that you’re not left in the dark.  That being said, you can take immediate steps to ensure your future. Here’s what our expert Sean Ring has to say: Free State of Me SEAN RING You never know when the opportunities will vanish. So taking advantage now ensures you will have exhausted every avenue to build, preserve and pass on your wealth. Here are a few ideas to consider: Move from a high-cost location to a low-cost location. If you haven’t yet, trade high-inflation places for low-inflation places. Trade NYC for eastern PA. Trade Austin for Tulsa. Trade Boise for Montana. You’ll be shocked at how your housing and consumption costs drop.  Hire an accountant, a lawyer and a virtual assistant. A good accountant will coach you on what’s deductible and what’s not. You’ll be shocked at what’s legal. A good lawyer will coach you on how to use your companies (next item) to your greatest advantage. A virtual assistant completes stuff you don’t want to do for $15-$20 per hour. That frees you up for the business-building you need to do. Start a company. Even if you don’t have a viable business yet, you can use the company to shield your assets. Putting your house inside a company may or may not be the best move. That’s why you hire a lawyer. But just getting used to owning a company changes your mindset. Minimize your healthcare costs. A friend of mine told me his family’s Obamacare costs were $36,000 per year. I almost fell over. Do you think he gets $36,000 worth of medical care? Of course not. It’s a complete rip-off. When you’re looking at locations, take this into account. Remember, health insurance should be a call option on big disasters like surgery. Pay your doctors as well as you can without using insurance if you can. You’ll be shocked at how differently they treat you. Minimize your taxes. One of your biggest costs is probably your taxes. If you’re in a blue state, you may want to join the hundreds of thousands of former blue-staters who are now red-staters. If you stay in America, you can’t escape federal tax. But these eight states have no state income tax: Wyoming, Washington, Texas, Tennessee, South Dakota, Nevada, Florida, and Alaska. Offshore some of your assets. If you’ve got the kind of wealth that merits it, try to offshore some of it. That can be as simple as taking cash from one of your accounts and buying a nice apartment in Lisbon. The USG can’t confiscate an apartment in Portugal. Or Spain. Or Italy. Or anywhere outside the US. Thanks for the question! Sean Ring Now that we’ve covered that, let’s get into some of what our editors have been looking at this week…  Jim Rickards: New World Monetary Order, De-dollarization and the Role of Gold The difference between gold and US dollars as a reserve asset is: The textbooks refer to the latter as “inside money” and gold as “outside money”.  When you hold gold and you physically hold it in your country, you control that monetary base.  But when you hold reserves in the form of US dollars, you ultimately are going to hold those in either bank deposits in a bank that’s ultimately controlled by a state. You’re not really in control of that money — you’re always at the mercy of someone giving you access to it and basically reneging on that access and that promise. That is one reason why the world is looking at alternatives. Plus, foreign countries hold U.S. dollars as FX reserves because at the end of the day you need to have some currency in reserve that you will be able to tap into as a country to import essential goods. This is lining us up for a new world order… and, ultimately, a currency war like we’ve never seen. ⇒ Read More Here

Recommended Reads: Warning: Will "Bidenflation" Destroy Your Retirement? If you’re like most Americans, you’ve worked hard for decades to build your financial legacy.   And now, as a result of Biden’s disastrous money printing policies, that’s all at risk.   According to one top retirement expert, “Bidenflation” threatens to destroy your retirement and make your hard-earned savings worthless.   That’s why you must take action right away to protect yourself…   Click here now to get the simple, step-by-step actions to survive “Bidenflation.” ⇒ See More Here

Byron King: 'Several Things Have Shocked Me' Ex-Insider in China Tells All Conditions in the Chinese economy are worse than the world thinks, a self-exiled property entrepreneur told The New York Times. Sales across industries, even those thought to be insulated from any slowdown, are falling, and the economic outlook among Chinese consumers is so dire that executives are reporting blatant acts of theft by employees. His description of conditions on the ground in China provide an inside look at stagnating growth, as the country's post-pandemic recovery has fizzled dramatically since the first quarter. ⇒ Read More Here

Dave Gonigam: Utilities to Biden's carbon capture money: Meh The country’s largest utilities may choose to shutter their fossil fuel plants rather than take advantage of the generous tax credits the Biden administration is offering for installing carbon capture. Out of the ten largest companies that control the largest coal and natural gas fleets in the U.S. — only one has active plans to adopt technology to snare their greenhouse gas pollution.  So what gives? ⇒ Read More Here

That’s all for today. We’ll be back on Monday with more of our top articles.  Enjoy your weekend! Looking forward to your financial future, The Daily FWD feedback@paradigmpressgroup.com

Recommended Reads: URGENT: Your $608 Credit Is Now Available I am pleased to announce that you've got an immediate $608 credit for our research you can take advantage of… Please click here immediately to learn how to claim this credit. **DISCLAIMER: Please note, this offer is limited to the first 1,000 that take advantage today** ⇒ Read More Here

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