From Conversations with Casey:
…Investment risks are huge in today's world. But political risks are even greater, and most Americans are completely unprepared. The biggest danger to your wealth isn’t the markets, as ugly as they are. The biggest risk today is your own government. The only way you can protect yourself is by internationalizing your assets.
So, while it is still possible – and I don't think it's going to be possible for very much longer – you should get as much money out of the U.S. as you can and put it into something that will be hard for them to force you to repatriate. If you open a foreign bank account or brokerage account, that's a step in the right direction, and you may be grandfathered somehow, but those things are liquid, so you could be forced to bring the assets back before you want to.
I think the best thing that you can do is to either buy foreign real estate or to buy gold coins and put them in a foreign safe deposit box.
Crux note: The brand new Conversations with Casey is required reading around the Crux office. It's free, and a subscription comes with Doug's brilliant "The End of the Nation State" report. You can sign up here.
More from Doug Casey:
Doug Casey on one of the biggest scams in America
Doug Casey's top place to live if things go to hell in the U.S.
A hilarious take on the giant new Homeland Security complex