Your Government Registered Financial Advisor is Not Adequate for Today’s Market

[Editor’s Note: The following post is by TDV Editor-in-Chief, Jeff Berwick]

When I was a much younger man, two decades ago, I wanted to be a stockbroker.  I had been living in Vancouver, Canada and was surrounded by all the interesting characters who were making and losing hundreds of millions of dollars on the Vancouver stock exchange and I liked the environment.  Many would make millions one day and lose it all the next and billions of what was essentially venture capital money was being poured into all manner of ideas (from great to ludicrous).

I liked the chaotic order of it all.

I was still working at a Canadian bank as a small-time financial advisor, selling the limited bank-sponsored mutual funds that I had no idea about (and generally disliked… but I had no other options) to people and feeling quite uncomfortable about it.  But, most of my time was spent setting up Stockhouse.com which is still to this day Canada’s largest financial website.  It grew very quickly as we were the first website in Canada to offer online stock quotes on Canadian equities, but the site wasn’t making a large amount of money by 1994 as internet advertising was almost nonexistent.

So I decided to take all the government regulated courses you needed to be a financial advisor starting with something called the Securities course.  I didn’t know too much about the markets and Austrian economics but I found many things they were teaching to be totally incorrect.  For one, it stated that “markets always go up in the long run” and then showed the Dow since 1920 to today and showed that… without adjusting for inflation!

When looking at the Dow Jones Industrial Average over the last century priced in gold (a much more reasonable way of calculating long term valuation than using constantly inflated fiat dollars) it tells a much different story. *(thanks to TDVer, Charles Vollum and his excellent PricedInGold.com website.)

 

Ex-dividends, the Dow Jones was at the same level in 2012 as it was in 1927!  That doesn’t fit what the government tells financial advisors… at all.

For the record, we are expecting the Dow/Gold ratio to end well below 5:1… even at 1:1 as it has done in similar periods in the past like it did in 1933 (2:1) and 1980 (1:1).

The Dow/Gold ratio is currently at 11:1.

 

And the very realistic potential exists as we approach The End Of The Monetary System As We Know It (TEOTMSAWKI) for this chart to be irrelevant as dollars won’t even exist.

FINANCIAL ADVICE

Let’s get back to why having a typical government-registered financial advisor is so dangerous in this climate.

In the 80s and 90s they weren’t too dangerous because the market climate was in favor of what they have been taught, that “markets always go up”.

In today’s environment, you may be shocked to learn of the countless horror stories I hear from financial advisors who simply have no clue of the macro economic, monetary and financial events in play and are just telling their clients what they told them in the last few decades: “buy stocks and bonds”.

In fact, in today’s climate, it is much more important to have an expert advise you on how to internationalize your assets (to protect from your own government) than on “what” to invest in.  Although knowing what to invest in and having good advice is also important, the first step is to make sure you own assets outside of your own country and have them outside the financial system in things like precious metals (see “Getting Your Gold Out Of Dodge” – free to TDV subscribers) and foreign real estate (our favorite is Galt’s Gulch Chile).

We are currently in the process of starting up a financial advisory service who can manage your funds under the concepts espoused by The Dollar Vigilante… in the meantime, the first important step is figuring out how to internationalize your assets (and benefitting from legal tax options to greatly reduce tax liability or even receive paid (stolen) tax money back in the process).

For this reason we started TDV Wealth Management and have partnered with TDVers that understand exactly why this is so important and have worked in the field for decades.  You will not hear their kind of advice from any registered financial advisor we know of.  The great majority will parrot the government propaganda that we are in a recovery or there are “green shoots” and that you should “diversify” in stocks and bonds.

That kind of advice has the potential to destroy your entire asset base.  At TDV Wealth Management they will advise you on how to truly diversify… by getting your assets internationalized. And as they deal with top level accounting firms, they have the know-how and experience to do so in the most tax-advantageous manner.

You won’t hear any of that from your government-registered financial advisor.  First, they likely have no clue about the realities of the most dangerous time for capital in human history.  And even if they do, they are likely not allowed to give you advice on it as it would mean most of your funds leaving their firm.

To survive The End Of The Monetary System As We Know It (TEOTMSAWKI) you have to think for yourself and find the few experts who have the experience and knowledge to help you amidst the minefield of government regulation and taxation. 

If you have significant assets in places like the US and Canada you need to start moving quickly to truly “diversify”… and your government-registered financial advisor is likely not the person to whom you should be listening for information and advice.

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 including CNBC, CNN and Fox Business.

It is truly a new world.  A paradigm shift that not many are aware of.  If you don’t have the kind of assets (I would suggest over a few hundred thousand dollars as the minimum) to contact someone like TDV Wealth Management, have no fear.

We keep you up-to-date on all the ways to not only survive the coming dollar collapse but profit from it at the TDV newsletter.  And, many other options such as helping to internationalize your company or business at TDV Offshore.  Or how to internationalize your IRA, at TDV Self-Directed IRA.

That plus numerous other reports and services that you just won’t hear from your government-registered financial advisor.

As Jeff said, you need to take some control of your assets (and your own ass, by getting a second passport) at this moment in time to get through TEOTMSAWKI as in tact as possible.  This doesn’t mean doing it all on your own.  All of the reports, newsletters and services listed above can help… and there are people who understand today’s capital climate at all of TDV’s services to help guide you through the coming and ongoing storms.

But it starts with you.  If you have any significant assets whatsoever, I urge you to contact the much needed services above.

And, if you don’t have significant assets, subscribe to TDV newsletters like HomeGrown or the TDV Basic or Premium newsletter for weekly advice on making money, no matter where you live.

Regards,

Gary Gibson
Editor, The Dollar Vigilante