America's Craftiest Bankers Bring a No-Risk 41% Gain to Our Readers
By Dr. Steve Sjuggerud
November 20, 2007
"I want to buy gold... with unlimited upside potential. I also want no downside risk," I told Frank Trotter a couple years ago.
"I think it can be done Frank. And I think you are the person that could create that product for my subscribers."
I knew that it would be a nightmare for Frank... I knew Frank was going to tell me "no." But he didn't. Think about it... I was asking Frank to create a guaranteed bank CD that's backed by gold. He had to get it approved by bank regulators, by securities regulators (the SEC), and by the commodities regulators (the CFTC) as well. And don't forget about his attorneys and auditors.
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It took him six months or more to finally get the okay from all the regulators. But he did it.
Frank unveiled the new MarketSafe Gold CD to the public for the first time at my Long Beach Gold conference. Subscribers who bought it then are now up 41%! Remember, their principal is protected – they had no downside risk.
Since then, other gold products have come out, like the gold ETFs. But Frank's is still unique – where else can you own gold with an FDIC-insured guarantee?
I like Frank. And I like his firm Everbank.
One reason I like Everbank is that it's willing to create unique products for my readers. In the latest issue of my newsletter True Wealth, I recommend two newer Everbank products. One of them is like the guaranteed gold CD... it's extremely unique, and Frank had to jump through some hoops and hurdles to get it created. Another one is a unique foreign currency bank account. Everbank is the only bank in America offering bank accounts in this particular foreign currency.
Last week, Everbank's top brass gathered in Florida for a corporate meeting. They invited your DailyWealth editors as the only "non-Everbanker" in their group.
One evening, after their meetings wrapped up, the Everbankers went for a kayak paddle in the Florida marshes. Frank and I chatted while we paddled. We've helped each other's businesses for over a decade now (he creates products nobody else is willing to, so I'm happy to recommend him).
After the evening kayak paddle, we cleaned up and went out to a late dinner. I sat with Chuck Butler. Chuck is the man who takes the calls at Everbank from my subscribers.
Frank told me that Chuck was a musician many years ago. So I brought a few exceptional guitars to dinner. (It's not something I normally do – I just thought Chuck would get a kick out of 'em.) Next thing you know, Chuck and I were onstage, the two of us, entertaining the restaurant (which was all Everbankers). The whole room was singing along.
I tell you this to let you know that I am comfortable with Everbank. I trust Frank and Chuck and their team (Chris, John, etc). They have been there for many years, and have taken good care of my readers.
I also want you to know that – in case you're curious – I have no business relationship with Everbank. My publisher Stansberry & Associates (which includes me) won't accept marketing dollars from Everbank, for example. We want our subscribers to know that we recommend products like Everbank's simply because we like them. Everbank is free to have marketing relationships with other publishing companies and websites, we've just chosen to forgo the marketing dollars and set ourselves apart as serving our subscribers first.
You ought to get to know Everbank...
They offer what I consider to be "holy grail" type investments – where your upside is unlimited and your downside risk is generally zero – and that's FDIC insured. They also offer foreign currency deposits and they deal in foreign stocks and bonds at great rates for online traders. And in the U.S., they do mortgages. They have a high yield "pledge" where their deposit interest rates will be in the top 5% nationwide. For many years, they've been voted "Best of the Web" by Forbes, with accolades from Money magazine and Kiplingers as well.
When you can, give Chuck Butler a call and ask him about some of Everbank's guaranteed products and how things work. Chances are, you'll become another happy Everbank client, with just about every investment need around the world (that's why I like 'em!).
Good investing,
Steve
Editor's note: Steve Sjuggerud is a regular contributor to DailyWealth, a free investment newsletter focused on the world's best contrarian opportunities. We write with a simple belief in mind: You don't have to take big risks to make big money with your investments.
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