“The total value of U.S. private pensions stands around $18 trillion, more than 25% of that in IRAs — no coincidence that figure is not far from the fast-growing U.S national debt, currently at $16.8 trillion. As our nation’s debt is projected to skyrocket to a mind-boggling $35 trillion by 2025, you can bet Washington politicians are eyeballing this mountain of pension cash. One way to protect your IRA or other retirement plans is to move your plan out of the jurisdiction of the United States and locate your assets and their management offshore, or start a new plan offshore.”
http://sovereign-investor.com/2013/04/18/obama-has-a-new-401k-yours/
Related posts:
Understanding Gold Market Dynamics
Bill Bonner: A Secret Only a Tiny Number of Investors Understand
Calling All Patriots…
Pepe Escobar: Manning guilty; war criminals on the loose
QE3 – Pay Attention If You Are in the Real Estate Market
Obama to Issue Disastrous "Cybersecurity" Executive Order
Public Sector Pensions Are a National Issue
Justin Raimondo: Police-State ‘Progressivism’
The Seeds of War Have Been Sown
What You Don't Know About Immigration Can Hurt You
Outrageous HSBC Settlement Proves the Drug War is a Joke
'HELP: Detroit is Waiting to be Rescued!'
How Do You Like Your Central Planners, Bookish or Flamboyant?
The case of Brandon Raub: Can the government detain you over Facebook posts?
Jim Rogers: At What Price You Should Start Buying Gold