Credits to Dave Engstrom 7/10/17
Is your money safe in the bank? Aside from our trust in God, yet still proclaimed on all of our currency, it may be our most sacred trust. That being the trust we have in our bank to hold our money and keep it safe. It is unthinkable to most, that you can put money in the bank and lose it. In fact, we were taught as kids, that you should save some of your money and for so doing you could earn interest on the accumulated balance.
On November 16, 2014, that all changed. On this date, the G20 formalized new standard procedures for handling bank failures to include bail-ins. No longer would taxpayers be called upon to bail out troubled financial institutions. Rather, the shareholders, bondholders, pensioners and creditors would be called on to bail-in their trusted financial institution, and in some cases, their country.
The standardized procedures for dealing with future bank failures that have materialized since the last banking crisis was in response to a cry for no more taxpayer bail outs. It was as if a battle had been won. Those considered “too big to fail” had finally been cut down to size. The victory reverberated through Wall Street. Even would-be Presidential candidates leaned on the victory to proclaim their belief that taxpayers should no longer bear the burden of having to bail out failed institutions.
Little did they know.
The term “bail-in” has been coined, even accepted, but is far from understood. You see, when it comes to bail-ins, everyone knows the definition of a shareholder, a bondholder, or pensioner. But, if you think you know how “creditors” is defined in this agreement to hold the aforementioned accountable when a bank fails, you may be shocked. “Creditors” includes “depositors.”
Remember Cyprus? Cyprus was said to be a one-off event. When the Cypriot bank failed, a bank holiday was declared – the bank closed its doors – and mayhem prevailed. Not only did the shareholders and bond holders of the bank find themselves listed in the loss column, but so did its depositors. A significant part of their deposits were taken to help “bail-in” the bank.
Let the Bail-Ins Begin
The Greek Saga The financial collapse of Greece has tested the bail-in process. Current rescue plans by the European Central Bank, the IMF and the European Union have commonly been referred to as bail outs. Make no mistake though, bail outs were accompanied by massive bail-ins. Publicly, the bail-ins have been referred to as “austerity”. And hardest hit? Pension funds and those currently receiving pension payments!
According to The Economist, “entitlements have been cut at least 10 times” since the Greek saga began in 2009. Greece’s social security system has also been reformed to increase social security taxes on those still working. Each time Greece needs another bail out to meet current debt obligations, creditors negotiate for even more “austerity”.
Some now fear a Grexit, which would constitute a default on current debt. The ramifications here are far-reaching. Early stories regarding the fall of Greece suggested a default could affect banks around the world, including U.S Banks. Later stories suggest the situation has been mitigated. According to a May 1, 2017 story in The Times, however, a desperate twist in the story has developed.
In a story titled, “Greece Stages Bank Raids in Hunt for Unpaid Tax,” we read,
“Authorities in Greece will raid bank safety deposit boxes to confiscate cash, bonds and even works of art as they move to collect billions of euros in unpaid tax.”
Now the bail-in becomes more real and apparent. On February 16, 2017, ZeroHedge reported the “Greek Bank Run re-accelerates.” Come July 2017, another 7 billion Euro debt payment is due. Faith is running out and so are depositors.
Then Italy As you can see, even after billions of Euros in bail outs and billions more in bail-ins, the situation in Greece still roils. Next!
In late 2016, the Monte dei Paschi di Siena bank, Italy’s third largest bank and the world’s oldest bank began to fail. The failure was triggered by a run on bank deposits. Within days, Italy’s cabinet, in an effort to restore confidence and stem the flow of cash out of the bank, approved a 20 billion Euro bail out. This deal was not immediately finalized.
As the crisis unfolded, the word bail-in was rarely used even though EU rules require junior bondholders to take losses before government can intervene with a bail out. Then on June 1, 2017, the bail-in word broke out. In a story released by the Financial Times, “Brussels and Rome Seal Rescue Deal for Monte dei Paschi,” an investor bail-in and deep restructuring was agreed to.
It appears, just as in the case of Greece and Greek Banks another taxpayer bail out will be accompanied by another bank customer bail-in for Italian bank, Monte dei Paschi di Siena.
THIS JUST IN!!
As I write, ZeroHedge just reported that two more Italian Banks just failed. Veneto Banca and Banca Populare di Vicenza. After a months long effort to save the banks via new sources of public funding, these efforts were abandoned. According to ZeroHedge, “stockholders will be crushed.” “Junior bondholders will likely get slammed hard.” At the same time efforts are being made to protect senior bondholders and depositors.
The bank closed on a Friday and re-opened business as usual on Monday. This in an effort to stave off a bank run. The story is developing and it is yet to be seen if a bank run can be avoided and if depositors can indeed be protected against bail-in actions.
On June 7, 2017, Banco Popular, a large Spanish lender was bought for the token sum of 1 Euro by Santander, Spain’s largest bank. The sale was induced by a run on the bank which was draining Popular’s deposit balances at a rate of $2.2 billion dollars a day. Popular’s Stock value plunged 50% in just 4 days before regulators declared it worthless.
Once again shareholders would be wiped out along with junior bondholders. So far, the takeover by Santander has spared depositors of participation in the bail-in. It appears Europe is holding bank deposits sacred in current bail out bail-in actions. One sniff of another Cyprus-style bail-in by depositors could begin a wave of bank runs across Europe and perhaps across the pond as well. Indeed it was the final days of a bank run that sealed Banco Populars’ fate.
Domino of European Bank Failures Falls Across the Pond
As reported by the Financial Post on April 26, 2017, a $600 million bank run (Canadian) on Canadian Home Trust, a subsidiary of Home Capital Group, was triggered by reports that Home Trust needed $2 billion of emergency funding. The funding was provided. It is reported that fears of a continuing bank run have been assuaged by news of the funding and a vote of confidence from Warren Buffett, who is said to have purchased $247.7 million worth of Home Capital stock.
At first blush, one may wonder why Warren Buffett is investing in a financial institution that just underwent a bank run that ultimately drained the institution of as much as 90% of its deposit reserves.
If we harken back to September 24, 2008, just days after Lehman Brothers filed bankruptcy, we see Warren Buffest made an historic bet on Goldman Sachs, injecting $5 billion of cash at a time when banks were failing left and right. Buffett bought warrants that by March of 2011, yielded him a $3.7 billion return on a $5 billion dollar investment. As we came to learn, Buffett’s move was back dropped by a massive taxpayer bail out of “too big to fail” U.S. Banks.
Is there a backdrop to his latest bet on Home Capital Group? Being federally regulated, Home Trust depositors are insured by the Canadian Deposit Insurance Corporation (CDIC). According to Rob Engen, as reported in Boomer and Echo, it also falls under the purview of Canada’s bail-in regime introduced in 2016.
Is it starting to make sense? Engen reports that the bail-in regime is designed to protect taxpayers and depositors in the worst of cases. However, in a Canada Free Press report, we see specifically the purpose of the bail-in legislation . . .
“In the crash of 2008 governments “bailed out” banks with billions of dollars. The next time around banks will be permitted to seize your deposits and exchange them for shares, shares in a failed bank.”
If warren Buffett’s 247.7 million votes of confidence indeed brought depositors back into the fold, or kept others from leaving, could those depositors have unwittingly become just the security Warren Buffett needed to seal this deal? Time will tell – It always does.
Make Gold a bigger part of your wealth security learn more here
Bank Runs and Bail-ins Coming to America
As the saying goes: when your neighbor loses his job we are in recession; when you lose your job we are in depression. Such is the perception when our global neighbors endure bank runs, bail-ins, austerity and raided pension funds. It’s too far away to affect us. We are America. It’s not happening here. Now the warning alarms are sounding and signs are appearing that America is not immune from another bank and credit crisis.
In his 2014 Letter to Shareholders, JPMorgan CEO Jamie Dimon, warned, “there will be another crisis.” In his 2016 Letter to Shareholders Dimon warns again, “There will be market panic again and it won’t just affect the banks . . .”
A recent JPMorgan report put the spotlight on a crisis that appears to be developing now right before our eyes: a deposit crisis. According to a May 8, 2017 Bloomberg article, JPMorgan says the period of time between 2009 and 2014 saw bank reserves swell with $2.5 trillion of excess deposits as a direct result of the Fed’s quantitative easing (QE) policies.
QE is a fancy way of saying “printing money to buy U.S. Treasuries and Mortgage Backed Securities.” The Fed bought government issued Treasuries to help fund the national budget and service the national debt. The Fed also purchased Mortgage Backed Securities from banks to relieve them of toxic assets and strengthen their bank balance sheets.
This created an abundance of deposit reserves enabling U.S. banks to pass “stress tests.” Tests administered by the Fed to ensure that in the event of another financial crisis, banks have enough reserves to avoid the need for more bail outs or bail-ins as the law now allows.
In October, 2014 the Fed brought quantitative easing to an end – or so it was said. However, QE never really ended as the Fed then pledged to re-invest proceeds from earnings on various bonds back into more bonds. Having ballooned to something near $4.5 trillion, Fed Reserve Chairwoman Janet Yellen just announced the Fed would begin to unwind its own balance sheet. No more re-investing.
This is what has spooked JPMorgan and prompted the warning to smaller banks. Just as the Fed’s easing policies pumped up reserves, an end to those policies will begin to drain deposit reserves. It’s like continually having to blow up that beach floaty toy, the one with a hole in it, in order to stay afloat. But, once you stop huffing and puffing the floaty toy sinks, taking you with it. Hence, JP Morgan’s warning of an impending deposit crisis once the Fed stops re-investing earnings from assets held on its balance sheet.
Bank Failures Cross the U.S. Border
“2017’s Elevated Bank Failure Figure Is Not A Cause For Concern”
This was the headline of a May 26, 2017 Forbes.com article. Famous last words, eh? By this date, the number of U.S. failed banks reported, equaled the total for the entirety of 2016 - five. The number may seem insignificant now, but if JPMorgan is right, these five fallen domino's may only be the beginning. In this article, failures were attributed to rising interest rates and a rising number of loan defaults.
Guaranty Bank was said to be struggling to maintain profitability. The bank catered to low and mid-level income customers. Bank assets were reported at $1 billion, an amount approximately equal to the total of deposits. In a rising rate environment, the outlook for maintaining a high level of deposits grows dimmer as depositors are forced to dip into their deposit reserves to service debt. Higher rates also inhibit loan growth, hence, bank profitability. In anticipation of this, regulators shut the bank down and transferred performing assets to First Citizens Bank and Trust.
In the process some 107 branches were closed, most of them located in retail locations such as grocery and general merchandise stores. Closing of these branches set off a run on the bank by customers who said it was no longer geographically convenient to deal with one of the 12 remaining brick and mortar locations. Frankly, however, it takes no stretch of imagination to see that many simply feared for the safety of their deposits in a failed institution regardless of who the new owners were.
It appears JP Morgan’s warning should be met with heed. Investment expert, Steven D. Hovde, chief executive of Chicago-based Hovde Group, said, as reported in the Milwaukee Journal Sentinel, “the U.S. Office of the Comptroller of the Currency ‘pulled the rug out’ from Guaranty Bank when it suddenly closed it down Friday night.” Hovde thought the shutdown of the bank was unnecessary.
It was reported the bank was shut down despite regulators knowing the bank was in the midst of a $100 million deal to recapitalize. Obviously, it was deemed “not enough” in light of impending rate increases which will make it even more difficult for the bank’s assets to perform – regardless of who owns the assets. If more and more of bank-customer deposits are drawn on to service debt, voila, bank deposits fall.
Bank Failure #6
Within days of the failure of Guaranty Bank, another U.S. bank bit the dust - Fayette County Bank in St. Elmo, Illinois. The bank was small with only $34 million in assets. Little was said about why regulators pulled the plug, but they did. And, while the size of the bank suggests this to be an insignificant failure, the implications here could be very dark.
The entire state of Illinois is – right now – in a deep crisis. For all intents and purposes, Illinois is BANKRUPT. Fortunately - or maybe unfortunately - while a state may be in de facto bankruptcy, states, as of now, cannot formally file for bankruptcy relief.
Currently, Illinois is said to be $15 billion in arrears on current liabilities, not to mention the estimated $203 billion of unfunded liabilities. You may wonder what options a state has to deal with debt if it cannot file for bankruptcy relief. The answer is simple. YOU DEFAULT! This creates a situation darker than a total eclipse. $15 billion of unpaid current liabilities suggests certain individuals and businesses have not been paid. That means, these individuals and businesses have been drawing down on bank deposits to either run their business or put food on the table.
We all know what that means. Yup! A statewide run on the banks has likely begun and Fayette County Bank may be just the first of many bank failures in the State of Illinois.
Are U.S. Banks About to Stress Out?
In June, results of U.S. bank stress tests were released. According to a June 22, 2017 CNBC report, “U.S. banks made it through the latest round of stress testing relatively unscathed.” These tests are part of the Dodd-Frank regulatory requirements. Among the bank assets under scrutiny are their levels of deposit reserves. All seems well in Mudville – or is it?
At a time of stagnant wage growth, an historically low labor force participation rate, and low GDP growth, how is it that banks are flush with cash? Let’s ask our billionaire buddies. According to another CNBC report, the world’s billionaires are hoarding cash. On average, the world’s 2,473 billionaires are hoarding 22.2 percent of their total net worth. An estimated $1.7 trillion dollars.
A May 16, 2017 Bloomberg report titled, Rich Retirees Are Hoarding Cash Out Of Fear, suggests growing apprehension over the markets and the economy. Yet another June 1, 2017 CNBC report would seem to confirm a trend into cash. The Spectrem Millionaire Investor Confidence Index fell 17 points lower in May than it was in just the month prior. Nearly 40% of millionaires planned to avoid investing in the near term.
All of this adds up to one thing. There is currently an abundance of cash, sitting in banks, afraid to leave the confines of safety. Billionaires are hoarding cash, millionaires are hoarding cash and the Fed, still engaged in quantitative easing, is keeping deposit levels artificially high. Why is this a precarious situation? If JPMorgan is warning of an impending deposit crisis, do you think millionaires and billionaires are going to keep holding cash? Even a small move out of cash by millionaires and billionaires could have a huge impact on the ability of banks to survive future stress tests.
We have already seen how a bank that caters to low and mid-income level clients has failed in anticipation of dwindling deposit reserves. We have also seen a small working person’s bank fail because of an apparent lack of liquidity. If the danger of a deposit crisis is real enough to cause JPMorgan to issue a warning, perhaps we should heed that warning. In this new era of the bail-in, one should be ever vigilant of another major bank crisis – indeed another debt crisis.
And if you don’t want to take my word for it, look what Jamie Dimon had to say about another potential Lehman event.
“It is instructive to look at what would happen if Lehman were to fail in today’s regulatory regime. Lehman would have far stronger liquidity and ‘bail inable’ debt.. . If Lehman failed anyway, regulators would now have the legal authority to put the firm in receivership (they did not have that ability back in 2007–2008). The moment that happened, unsecured debt of approximately $120 billion would be immediately converted to equity.
Converting unsecured debt to equity means bail-in. The banks pension fund would be raided and pensioners see the cash value of those assets converted to shares in the bank. Bondholders’ assets and depositors’ cash could also be converted, at least in part, to shares of stock in the failed institution.
The vigilant will see signs of another approaching financial crisis. In the absence of a possible bail out, I suspect most won’t stick around long enough to fund a bail-in. Let the bank runs begin! And, if that happens, where would the money go? The markets? Millionaires and billionaires appear to be avoiding the markets. That’s one reason they are hoarding cash. Real Estate? Data suggests real estate is back in bubble territory. Bonds? Perhaps, but money is currently fleeing bonds.
Contrary to what you may hear in the mainstream, more and more investors are turning to gold and silver. Foreign investors, foreign governments and foreign central banks are rushing into metals. And perhaps ironically, our own JPMorgan has reportedly amassed huge physical gold reserves as well as what may be the largest private hoard of physical silver. Now we know why.
Today, less than 1% of investable assets are held in gold and silver. If we are entering a new era of bank runs and bail-ins, watch out! The run into physical precious metals could be quick and powerful. It’s happened before - and in my humble opinion - it will happen again – ONLY BIGGER!
As ever spread your risk but no may be the time to secure gold as a bigger part of your wealth plan.
Learn more here
Bloomberg – May 16, 2017 https://www.bloomberg.com/news/arti...
ZeroHedge – February 8, 2009 http://zerohedge.blogspot.com/2009/...
The Economist – Feb 18, 2016 http://www.economist.com/blogs/econ...
The Times – May 1, 2017 https://www.thetimes.co.uk/article/...
Seeking Alpha – December 24, 2016 https://seekingalpha.com/article/40...
ZeroHedge – February 16, 2017 http://www.zerohedge.com/news/2017-...
Financial Times – June 1, 2017 https://www.ft.com/content/3c6e3cb8...
Seeking Alpha – December 18, 2016 https://seekingalpha.com/article/40...
Financial Times https://www.ft.com/content/be45ae28...
The Economist – June 10, 2017 http://www.economist.com/news/finan...
The Guardian – June 7, 2017 https://www.theguardian.com/busines...
ZeroHedge – June 24, 2017 http://www.zerohedge.com/news/2017-... The Conversation – April 26, 2017 http://theconversation.com/is-china...
The Guardian – June 25, 2017 https://www.theguardian.com/busines...
CNN Money – September 24, 2008 http://money.cnn.com/2008/09/23/new...
Bloomberg.com – May 8, 2017 https://www.bloomberg.com/news/arti...
Business Insider – March 19, 2011 http://www.businessinsider.com/warr...
Boomer and Echo – Rob Engen – May 8, 2017 http://boomerandecho.com/cdic-prote...
Canada Free Press – June 22, 2016 http://canadafreepress.com/article/...
Forbes.com – May 26, 2017 https://www.forbes.com/sites/greats...
Milwaukee Journal Sentinel – May 9, 2017 http://www.jsonline.com/story/money...
American Banker – May 26, 2017 https://www.americanbanker.com/news...
JP Morgan Letter to Shareholders - 2016 https://www.jpmorganchase.com/corpo...
CNBC – June 22, 2017 http://www.cnbc.com/2017/06/22/big-...
CNBC – August 10, 2016 http://www.cnbc.com/2016/08/10/bill...
CNBC – June 1, 2017 http://www.cnbc.com/2017/06/01/mill...
CBS MoneyWatch – January 12, 2017 http://www.cbsnews.com/news/most-am...
Looking for some motivation... head back HERE every time.... Lets go...!
I refuse to be distracted from my dream....
The world is a very different place compared to even 10 years ago.
Maybe its time stop banging your head against the same old products, communities and sales techniques - are your friends not sick of you yet? Of course if you are flying with the right product and teams this does not apply to you, however we know thousands fail with Network Marketing - not through poor products or companies, but because they have no real basis on which to ensure enough NEW prospects on a regular enough basis.
If this is you maybe a look at Affiliate and Online Marketing products is worth checking out.
Leave Networking and embrace leveraging the digital economy towards your financial future.
We offer access to a powerful platform - The Super Affiliate Network. Learn how I went from zero to over $1000 in less than 4 weeks with this platform, not because the product was anything extra special or I was some sort of marketing machine. I did it because I simply followed the training and applied the system - simples!
It sounds daunting doesn't it....but it basically boils down to you taking ownership and control of your financial circumstance, and, more importantly, your financial future.
You understand the challenges of "working for the man" but may not fully realise the opportunities that you have to take control. It is hardly surprising, we all of course were told by parents and teachers that if we worked hard, did as we were told, got the grades and got a good job all would be fine. We could expect to earn a good wage, work for 40 years, save for a pension and then retire comfortably into our twilight years.
Is this your reality?
We didn't think so. So what can the average 20, 30, 40 or even 50 something do about it - TODAY?
Well, the first thing to realise is that you need to move.....
You need to move from Employee to Business Owner - the image below sums it up nicely....
With the birth of the internet the jump from E to B, in fact to I too - is possible by the average person....
You see access to business systems in the digital economy has never been easier - we are proof of that here at DBM. We gained the skills, made the contacts, invested in our education and mindset, found the platforms, worked hard and then, finally, put ourselves in control of online business systems designed to operate in the key areas of education, e-commerce, investments and savings.
We take the income from our education and skills platforms, invest the same skills in e-commerce, scale the income then place the excess in investments - all online and hands free, before protecting our earnings in Gold. It works.... but let's not get ahead of ourselves, this takes focus, investment and determination. Our job at DBM - to help you break through.
For those still firmly entrenched in Employment - nothing wrong with that of course, we appreciate the last paragraph looks a little daunting. That's why we start with mindset, skills and education - I mean, where do you start with all this?
There is a process and it starts with YOU....
Once you have made the decision to "move" the first thing you need to do is understand the picks and shovels of your online business system. We have a saying at DBM - Systems Work, People Fail, hence having the right foundations and mechanisms in your business from the get go is crucial. The very best place to learn this is the 4% Group HERE - we provide a free 7 step video series that explains all in great detail - in fact the one and only Vick Strizheus (one of our mentors) will fill you with all the confidence and momentum you will need! Head over, Sign Up and we will pick you up on the inside.
So what happens once you have the skills and an initial product (the 4%Group) to sell? Well, then its time to get into cash-flow - business speak for generating more income than costs as soon as possible. Of course you will have to invest in YOU and YOUR business, and we want to keep this to a minimum. What better way to do that (with your new skills) than to leverage expenditure you ALREADY spend every month on food, household products and general stuff! That's where the ecommerce division of your business system kicks in. Over time you will simply use the money you already spend each month to buy the same "stuff", but this spend actually makes you a return. More on that later.
So now you have the skills, two income producing platforms and a fledgling business paying you everyday - even when you are asleep! What next.... well, we need to scale.
Our recommended way to do this is to take a stake in High Technology products and on this right now we run with Wearable Technology - learn all about Helo HERE and prepare to take your business to the next level.
So now you have 3 income vehicles - all utilising the same business systems and techniques to meet multiple customer markets. This is when things start to get serious and you are beginning to make money work for you (remember, as an employee YOU worked for money).
To accelerate this, and once you are generating cash in your business system, you are ready to move into the Investor section of the Quadrant - and this is where things really change in your monthly finances. You are of course welcome to invest anywhere you wish. At DBM we have property, shares and savings accounts, however we also continue the principle of "systems" by locating online mechanisms that provide us "hands off", passive income. This is where Questra comes into it own.
Finally and continuing the Investor - Money working for you - objective there is Gold!
Why gold, well there's a long story, but it basically boils down to security and the inevitable risk our Governments and Banks have put us all into in the false belief quantitative easing will lead to anywhere else other the high inflation.
(The irony here is that the hidden tax of inflation is the very reason you may be looking to earn extra income and hence how you found us!)
The only protection against the dangerous game the Federal Reserve, Bank of England, Deutchebank and any number of other Central Banks are playing is Gold - so now, the final play in your quest for Financial Freedom - use a business system that allows you not only to take ownership of gold but also create income from it by helping others understand the need to secure their future on this sound commodity. Take a look at THIS to learn not only how important this is but exactly how we do it every day.
So what are the Pro and Cons of Employment v. Business Owner?
Pros - Security? Steady Wage? 9-5 then the rest of your time is yours
Cons - High Taxes. Taxed before you get paid. Security? Commute. Working for someone else's success. Tied to one economy (£/$/Euro). You work for money.
Pros - YOU own a system that works for YOU. Passive income. Global reach. Scale as you wish to. Lower Taxes. Money works for you.
Cons - Requires new skills, risks and pushes you our of your comfort zone. Self reliance, no excuses, discipline. Operating Globally, 24/7
So there you have it - not only why you need to make the move from Employee to Business Owner and Investor, but also a road map on exactly how you do it.
The rest, as they say, is down to you.
We are very proud of our ability to share this value with everyday people and we love helping people take control of their future using online business systems.
Its time to create your own economy - lets talk
Digital Business Masters
Of course we all have different definitions of "success". For some it is to be happy and healthy, others gauge success on monetary wealth or status symbol while others place great focus on how much they help others. Maybe true success is the ability to achieve a mix of all three?
Whatever your definition is the fact still remains that humans vary greatly in their achievement of "success". But how much of this is self inflicted and how much is circumstance - moreover at what point in life to people resign themselves to the whim of others in influencing their achievement of success?
This is not a modern question - it has been a mystery to the average soul forever, nowhere is this made more apparent than in a recording from the 1950's from Earl Nightingale.
What makes men and women different? What drives some to success and others to complaining? What part does society play and are we better off with social support or does it undermine human enterprise and perseverance? Let's see what Earl thinks.....
Here at DBM we spend our time not only pondering this phenomenon but also doing something about it. First we help people wake up to what is happening around them, then we provide skills and support - focused on the digital economy so they can begin to create, then we support, then - once they too are in control and successful we help them help others.
A virtuous circle of learn - earn - share, we believe will soon replace the income based social welfare systems allow people not only to gain financial freedom - a real contender for the definition of "success", but also improve their well being through a sense of achievement and assistance of others.
Learn more about our "Life Quadrant" concept HERE and take your first steps towards gaining the skills, mindset and ability to answer the strangest secret.
Head HERE for more information or contact me direct HERE
P.s Find me on Facebook HERE
Let's learn more about why Gold is so important to your financial freedom and should be a key part of your investment portfolio.
Further, why Karatbars is such an excellent vehicle on which to save - it helps you build a residual income business system at the same time as helping others protect their futures....
It has never been more important to have a part of your savings - in fact to save in general - with gold.
The expansion of the global economy since WW2, combined with a proliferation of institutions and corporate control which in turn drives government and economic policy, makes paper money vulnerable.
The Fiat Money system has been abused and mis-handled - this makes hyper inflation a very real prospect in our life times. One way to protect yourself and your family from the effects of this is to hold a significant part of your finances in Gold.
There are two main reasons you need GOLD as a substantial part of your financial security;
1) Its value remains stable, and has done for 1000's of years
2) The effect of fiat money in the past 100 years leaves us, as a population, increasingly exposed to hyper inflation. To have substantial savings of gold is a crucial aspect of your financial security
So how do you go about investing in gold... it that not for the big money men, the established investors and governments? Don't we leave it to these institutions and we, as normal people, pick up the scraps via our bond savings, pensions and financial advisers latest whim? In short - NO!
No, no, no.... as with many aspects of income generation now coming in reach of the average man with the required financial education, gold can now be built up steadily just as you do the money you have left over from wages, investments, business systems or wind falls.
Yes it’s true, you can save gold gram by gram and get rich doing it with added security….! Money on the bank is NOT secure... savings in gold is.
So not only are you saving your hard earned cash in the most sensible way, you are protecting yourself from serious economic crashes.
But here’s the thing you can also be an affiliate for the buying and selling gold with Karatbars
You earn on your ability to share this message with others and in an affordable and steady way, month on month. Learn what Karatbars is HERE
I know, I was a bit sceptical when I first looked at it, but it’s completely legit....Here’s the thing it’s approved by the London Bullion Market Association (LBMA) and the Direct Marketing Association.
I am involved because I want to protect my hard earned "excess" from my online business system work AND I can leverage the same skills to earn more, whilst also helping others with their financial security. It's a win, win.
I’m also currently working on building out a marketing machine for this product, so all you need to do is promote it! If you join my team you will get first access to that and more!
It’s completely affordable to become an affiliate! So do you want to know more?
Cool, then just click away right HERE and hit Register as an Affiliate - I will see you on the other side.
Learn what Karatbars is HERE
Alternatively go to Contact Us and we can talk about the power of this system to you and your family.
To Your Success (and long term security)
www.MBoverview.netWith Christmas right around the corner two things
happen in the Moloney house....
1) When are we going Christmas Shopping?
2) How are we going to afford all these latest gadgets
the kids want? :-)
Answers to both these questions used to be a problem as Steph and I worked full time in JOBS so had to join the madding crowds each weekend like 90% of the population.
When it came to affording the excesses of the festive time of year it was a case of somethings gotta give...disappointed kids or a year of paying off the credit cards! Guess who always won!
So what changed? Well, we did!
We decided a couple of years back to take control and we are now are successful in driving in.come from several streams including affiliate marketing, online education and e-commerce. In fact our lives changed, not just Christmas!
With Christmas on us it is bonanza time when it comes to our e-commerce stream.... in fact with e-commerce being so powerful these days it is an amazing funnel of in.come all year to be honest!
So how did we get into running online stores? Well, it was not that difficult actually. Just as we have with our Affiliate products, first of all we chose the best, we then followed the instructions to a tee and least but not least we took massive action to ensure the results. Much of the skill being to utilise expertise we had already gained via our affiliate marketing work.
So here we are, not only without any problems when it comes to TIME - we can go shopping whenever we like now as we work from home and for ourselves. But also we can AFFORD whatever we like - in fact, thanks to Mighty Buyer we get access to massive deals on all sorts of stuff! :-)
My recommendation.... simply spend a few minutes listening to what the guys at Mighty Buyer have to say - it will get you excited about the simplicity of e-commerce and how YOU can be well positioned to make this Christmas the best ever!
Check out the detail in the short video HERE
To Your Success,
You are probably aware that there are several ways to
make a good income online.
The question is how do you start and how do you make sure of regular passive readies, every week, every month.
I am no stranger to ensuring this balance. Pick the wrong training or affiliate program and you fall on your face. Give up too soon, and you will never know how close you were. Concentrate on one product or income method and you are in danger of having all your eggs in one basket.
It is for this reason here at DBM we have spread our knowledge and abilities across two clear and distinct ways to feed the kids....
- Affiliate Marketing; working with Super Affiliate Network (SAN) and the Four Percent Group.
Each have their own merits, advantages and reasons you need to check them out.
Think even more streams of in.come, via some clever tools that solve individuals and businesses problems. I am a leader in SAN and are here to help you succeed too.
You are probably aware that there are several ways to make a good in.come online.
infinii.com/sp/dbmasters- E-commerce; more specifically drop ship and FBA (fulfilment by Amazon). Quite simply the most lucrative way for individuals to gain traction online. We use Infinii to manage all our listings. They also offer incredible training that we recommend you check out HERE
So there you have it... two incredible ways to take control, make a better life and feel you don't have to rely on an economic system that, lets face it, is about to get a whole lot more challenging!
As ever I am happy to talk you through the methods. Come find me on Facebook HERE
To Your Success,
It honestly doesn’t matter who wins today. The US GOVERNMENT is $19.5 Trillion in Debt. Yes, that's a T!
We can’t rely on anyone, let alone a Government to take care of us. We need to take control of our own future. So who is better for the Presidency? A Democrat or a Republican? Who cares.....
I don’t believe that a Republican or a Democrat residing in the White House determines what the economy is going to do. If you look at the US Debt Clock, you’ll find that the U.S. has $101 trillion in unfunded liabilities and $19.5 Trillion in Debt. It’s not just one party or administration that is responsible for this.
Just look at the UNEMPLOYMENT rates. Don’t believe what you’re hearing and the “numbers” that are being reported. The unemployment numbers in reality are through the roof. The entire system is broken and we’re truly on our own. So, here’s what we do…Here’s how we take CONTROL.
We turn to the CASHFLOW Quadrants. We graduate ourselves from being an “employee” to now becoming a business owner. This is exactly what we concentrate on at Digital Business Masters, we practice what we preach.
Listen, people, wealth is not something that just happens! We need to stand up and ACTIVELY take control of our own lives. Especially because it’s so much easier today!
Just 30 years ago…
- We needed MONEY to start a business…and a fair amount of it
- We needed to work DAY & NIGHT for a chance…
- We needed to be NETWORKED into the right people…
But, today, we have the INTERNET…
We have access to knowledge and teachers we’ve never had access to before. That education reduces risk drastically.
Today, we can literally start a business from our home and risk nothing more than $100. The only thing left is that there needs to be a SYSTEM that anyone can follow.
We teach people how to build an online business out of nothing more than your PASSION and/or a HOBBY.
There are just 5 steps to making this happen…
- There is no need to be good at TECHNOLOGY…
- There is no prior EXPERIENCE necessary…
- All that’s needed is DEDICATION & DETERMINATION…
Our mission is to teach as many people (as will listen) how to enter the DIGITAL age by creating an INFORMATION business (starting with just EMAIL).
You know my stance on this…
I've said for a while that the Industrial Age is over. As we are now in the Information Age, knowledge is the new money. It is so true. That turns information to power.
It's why I love THIS training (that we've already been through) so much…
This training reveals the EXACT steps to launch an INFORMATION business (with any passion or hobby) - right from a home computer. There are only 5 steps to doing it!
I’ve personally be on this training - I’ll be there to help you on the other side.
Access is 100% FREE - just click HERE and enter your Email address and get ready to change a reliance on a job or others to a reliance on YOU.
To Your Success,
Digital Business Masters