The key decision when investing is asset allocation. LB Now offers strategic asset allocation advice. This advice focuses on the increasing importance of understanding purchasing power. Client portfolios will typically be well diversified across traditional financial assets, but also have a dedicated exposure to gold bullion. Gold is not an investment as such, but a store of purchasing power outside the fiat financial system.
Investing is not what it used to be. LB Now firmly believes that we are in the midst of a global systemic crisis and that a monetary reset is in the making, for now slowly, but surely. What percolated in 2007 as a credit crisis in the US, then morphed into a near collapse of the global financial system in 2008, is far from over. The landmark year was 1971, when gold was exiled from the global monetary system and thereby prevented ever since from discharging its natural function as the ultimate extinguisher of debt.
Central banks are now engaged in a desperate battle against a systemic collapse as a consequence. There is a direct cause and effect relationship between that event in 1971 and the present global financial and monetary disorder. Central banks continue to defy the inevitable with seemingly endless additional ‘liquidity’ to hold back the latent losses in the bloated credit system. To make matters worse, governments everywhere are also endlessly adding to their debt, as if their their ongoing fiscal irresponsibility was to be no real detrimental effect on the purchasing power of their currency.
Currencies are fast becoming less and less reliable measures of value, making it highly problematic for investors to invest prudently, as inevitably all investments are denominated in one or another currency. In other words, to invest now is to be fully exposed to the systemic risk in fiat currencies. Indeed, LB Now believes it is now more prudent for investors to take some money ‘off the table’ and, in so doing, choose to not be fully invested, than to remain fully exposed to the ongoing debasement of fiat currencies or ‘all in’.
LB Now recommends gold and silver bullion, as the ideal money to own outside the fiat system. How much money should be set aside in bullion now varies and necessarily depends on client circumstances, needs, preferences and risk tolerance. Irrespective of those differences however, LB Now’s strategic advice to all clients is to create and maintain two separate portfolios:
first and foremost, create a Bullion Portfolio, consisting of London Good Delivery gold and silver bars held in allocated and insured storage within the LBMA Chain of Integrity network of vaults;
then, maintain an Investment Portfolio with only the remaining assets and broadly diversify those between financial and other assets exposed to systemic risk, knowing purchasing power is protected.
LB Now bullion services are available to private and institutional clients of all sizes. Such services are available and provided whether or not the client also requires LB Now to provides investment services.
LB Now investment services are available only to wholesale clients, as set out in section 5C of the Financial Advisers Act 2008.