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Asset Protection - Gold in Australia

Posted by Matt in July 2nd, 2009 | 2 comments 

The Perth Mint is the ultimate in safely storing gold. We will be looking at the Perth Mint Certificate Program (PMCP).

The Perth Mint Certificate Program (PMCP) is operated by Gold Corporation, an international precious metals refining, minting and trading group wholly owned by the government of Western Australia. The PMCP is the only government guaranteed gold certificate and silver certificate program in the world.

The primary mechanism for retaining your wealth during a major crisis in America is to invest in gold at the Perth Mint in Perth, Australia. It has been around since 1899, and is wholly owned by the Western Australian government. One other reason – it is very far away from America.

You may want to open an account and just park the minimum necessary until you are ready to move most or all of your assets.

The downside of the Perth Mint is that you need $10,000 to open an account. Also, the minimum transaction size is $5,000.

http://www.perthmint.com.au

See the Google map of Perth, Australia.

The Perth Mint opened for business on June 20, 1899 as a branch of the Royal Mint in London. It is Australia’s oldest operating mint.

Western Australia’s population was growing rapidly (23,000 in 1869 and 180,000 in 1900) due largely to the discovery of gold in the Kalgoorlie, Coolgardie and Murchison areas of the colony. There was very little money available in Perth for which miners could exchange gold to pay for goods.

Although Federation occurred in 1901, the Mint remained under the jurisdiction of Britain until July 1, 1970, when it became a statutory authority of the Government of Western Australia. It is now owned by Gold Corporation which is wholly-owned by the Government of Western Australia.

Approved Dealers

Perth Mint Certificates are only issued to investors via the international Approved Dealer network. Your Approved Dealer can advise you how to open a PMCP account and purchase a Perth Mint Certificate, as well as liquidation, transfer and lost certificate procedures.

I’m listing one U.S. dealer below. See the website for additional dealers.

http://tinyurl.com/dmpzm7

Euro Pacific Capital, Inc www.europac.net

4667 MacArthur Blvd, Suite 450 Tel: +1 (800) 993 8350

Newport Beach, CA 92660 Tel: +1 (949) 863 9500

Contacts
Danielle Psarras, Precious Metal Manager
Matt Psarras, Precious Metal Account Executive

Peter Schiff is the president of Euro Pacific Capital. Peter predicted the 2008 housing crisis back in 2006. Check out Peter on YouTube and his website: http://www.peter-schiff.com/

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Meltdown 101: California’s budgetary troubles - BusinessWeek

Posted by Matt in July 1st, 2009 | no comment 

California’s budget shortfall isn’t just an abstract problem involving some out-of-whack numbers. It’s a serious crisis that’s threatening to hurt people in the wallet — in July alone, the state is talking about handing out $3 billion in IOUs to everyone from contractors to welfare recipients.

How exactly did California get into this mess, and what are state lawmakers and Gov. Arnold Schwarzenegger doing to try to get out of it? And what does the crisis have to do with the national recession?

Here are some questions:

Meltdown 101: California’s budgetary troubles - BusinessWeek

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Debit Crisis Articles

Posted by Matt in June 30th, 2009 | no comment 
  1. The next great crisis: America’s debt | 1913 Intel
  2. At this rate, your share of the load will be $155000 in a decade. How chronic deficits are putting the country on a path to fiscal collapse.

  3. Sovereign Debt | 1913 Intel
  4. Latvian debt crisis shakes Eastern Europe Telegraph.co.uk - Jun 3, 2009 … a sovereign debt crisis after failing to sell a [...]

  5. Latvian crisis deepens as Europe debates aid | 1913 Intel
  6. a sovereign debt crisis after failing to sell a single bill at a treasury auction worth $100m (£61m), prompting fears of a fresh storm in

  7. Great Depression | 1913 Intel
  8. The undeniable reality: The debt crisis that first appeared in the U.S. subprime mortgage market … then precipitated a Wall Street meltdown … and has now

  9. Entire World | 1913 Intel
  10. The undeniable reality: The debt crisis that first appeared in the U.S. subprime mortgage The debt crisis is driving the economies of Western Europe [. ...

  11. Looming Collapse of Russia, China and more … | 1913 Intel
  12. The undeniable reality: The debt crisis that first appeared in the US subprime mortgage market ... then precipitated a Wall Street meltdown ...

  13. Government Auction | 1913 Intel
  14. Read More… Latvian debt crisis shakes Eastern Europe Telegraph.co.uk - Jun 3, 2009 … a sovereign debt crisis after failing to sell a [...]

  15. Exploding debt threatens America | 1913 Intel
  16. Tags: pyramid scheme, ponzi scheme, national debt, financial crisis, credit crunch, budget deficit, national savings, dollar collapse,

  17. Nigeria’s oil curse | 1913 Intel
  18. Nigeria Pays Off Its Big Debt, Sign of an Economic Rebound www.nytimes.com Nigeria: the Burden of Debt www.pbs.org 1980s debt crisis:

  19. Wall Street is Starting to Worry About the Size of U.S. Debt
  20. US DEBT - FUTURE VISIONS - MARTIAL LAW - 2012 FEMA COFFINS ( might be exaggerations but Who knows ) Financial Crisis Explained.

    read more…..

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