A little doom, a little gloom and a little advice about protecting your Money.

Everything you've inherited, earned, built and saved is at stake. Most governments are ineffective, corrupt or both. Disquieting news continues to flow:

• The U.S. Dollar that is supposed to be underpinning the world economy is weakening on almost a daily basis. The British Pound is trading for $1.96 per pound and the Euro at $1.49 per Euro. To add insult to injury, the Singapore Dollar now trades at 1.43 per USD. On 9/11 it was trading at 1.75. Does this mean the Singapore dollar is safer than the U.S. Dollar these days? Well, no. On 9/11 1 USD would buy you 1.11 EUR. Now it will buy you only 0.68 EUR. Smart people are abandoning the dollar now before the stampede starts.
• The Taliban is resurgent in Afghanistan as Pakistan and Afghanistan, Pakistan and the United States bicker over who is to blame. Pakistan's democracy is on the ropes and Osama bin Laden bides his time until he can acquire a few Pakistani nuclear weapons.
• Words flow as thousands continue to die in the Darfur genocide which is, in reality caused by global warming: Farmers and herders who once shared the land now fight for its meager output as each year the drought grows worse.
• OPEC signals its happiness with the current level of oil output. Of course they are. They can't raise their production and the high prices are putting off the day when they have face mobs of angry and impoverished citizens. Both oil and gold prices have taken off. We could be seeing $100/bbl oil and $1,000 per ounce gold by year end.
• The U.S. Treasury Secretary travels abroad trumpeting the strength of the U.S. economy as America's worker's face their fifth straight year of decline in their real incomes.
• Russia threatens to pull out of its agreements with foreign oil companies, putting the damper on foreign investment. More oil nationalism can't help but to push up petroleum prices.
• Switzerland moves to the top of the class in the competitiveness league while the U.S. drops from 1st to 6th, now behind Singapore. Just another signal that America is on the wrong track and may pull down the whole world economy.

We aren't here to give you investment advice but more...

What you need to know about the European Union Savings Directive:

Claiming to be fed up with seeing their citizens avoid taxes on the interest they receive on their offshore savings, the central bankers of the EU have gotten together and issued a directive that requires all EU members, dependent states, territories and associates to provide to the EU personal and financial information regarding all clients receiving interest on their deposits. This cuts to the heart of banking privacy laws in many jurisdictions including Jersey, the Isle of Man, Guernsey, the British Virgin Islands and so forth. Switzerland is affected as well, however they have reached an agreement which permits them to remit the tax on interest without revealing the private information of their depositors. Had they not done so it is likely that Switzerland would quickly have been in crisis.

As a result of the EU Savings directive, the options for confidential banking, particularly for businesses, has been drastically reduced. In spite of that, we are able to offer several banking options that still maintain good confidentiality laws.

Go offshore for theß right reasons:

• Avoid burdensome regulations.
  
• Protect your assets.
  
• Avoid lawsuits.
  
• Reduce or eliminate taxes.
• Build a legacy.
• Gain control of your financial future.

Irrespective of your reason for going offshore, you are in good company. Many of the largest businesses in the world structure themselves in offshore jurisdictions and use offshore banks to reduce their tax exposure and to protect their assets. They often spend millions to accomplish this. It isn't necessary, though, you can establish your offshore identity and banking network for a thousand times less than the typical cost to a big company. We Check our comparison and price list to see what it costs to put the structure in place that will meet your needs.

BANK IN EUR, CHF OR GBP IN AN OFFSHORE ACCOUNT.

We alluded to the current weakness of the U.S. dollar above. It makes sense to consider moving into a stronger currency until the U.S. gets its economic house in order, which is unlikely to be any time soon. Our Swiss Bank Investment account makes it easy to maintain an account in EUR, CHF, GBP or USD and trade in many markets throughout the world.

Check out the Seychelles. Great location. Great price!
Seychelles advantages include:

• Bearer shares are still available and a likely to remain available for the foreseeable future.
• Low cost apostilles reduces your cost of opening accounts with many banks.
• Not subject to the automatic scrutiny and skepticism that affects Caribbean jurisdictions.
• Not economically dependent on either the EU or the United States so that it has more independence than more traditional jurisdictions.