Friday, May 8, 2015

With China about to challenge London for gold price discovery, there has never been a better time to own Karatbars

One of the biggest obstacles in getting people to recognize the value and potential of gold is that both our currency, and our markets, have discounted the precious metal for the past 40 years.  And with the U.S. Comex and London fix ensuring that the spot paper price remains beaten down to protect their derivatives market, gold is seen as a random gamble in any retirement portfolio, or as a worthy investment.

However, gold has never changed its status as a monetary metal despite the fact that Western central banks have used great leverage to make people believe it is little more than a barbaric relic.  And in a move that is sure to change the entire metals playing field, and make gold the best growing asset in the world, China completed their testing of a new price discovery mechanism at the Shanghai Gold Exchange on May 6, and are preparing to challenge, re-price, and perhaps even take over the global means of price discovery within a very short amount of time... perhaps even by the end of the month.

China conducted trial runs for the planned launch of a yuan-denominated gold fix last month, three sources familiar with the matter said, in a sign the world's second-biggest bullion consumer was moving closer to creating a benchmark price.
The state-run Shanghai Gold Exchange (SGE), on whose international platform the fix will be launched, conducted the trial with major Chinese banks and a few foreign banks, the sources said this week…
China plans to launch a yuan gold fix this year through trading of a 1 kg contract on the SGE, Reuters reported in February.
"The launch of the fix is towards the end of the year ... Banks were invited in April to test the fixing process," said one of the sources directly involved in the process.
The SGE will act as the central counterparty, unlike the London fix where the bullion banks settle trades amongst themselves, the source said.
If the Chinese fix becomes a success, it could add to the pressure on the London benchmark, which is used worldwide by producers, refiners and central banks to price holdings and contracts, although the two could exist side-by-side. - Zerohedge
 
What this means for you as an investor is that the potential for Western manipulation of gold and silver could be settled and done with over the next few months.  China has painstakingly worked to accumulate as much physical gold as they possibly could over the past five years, and believe that Western central banks, including the Federal Reserve and ECB, have little left to counter the Shanghai Gold Exchange by arbitraging gold through the respective price differentials.
 
And if China wins out on wresting price discovery from the Comex and from London, they will instantly raise the price to between $3000 - 4000 overnight, and more than double what the current spot price is held at.
 
Gold will become the foundation of the next global monetary system, and the intention for the global currency reset is to tie all currencies back to gold, and away from the dollar which has been the
standard since its acceptance as the global reserve 70 years ago.  And when this happens, all dollar denominated assets like stocks, bonds, mutual funds, and cd's will become nearly worthless, or devalue by a large percentage, and the only performing asset will be gold for those who have it.

This is why Karatbars is so vital.  Besides being a company that sells gold at affordable sizes and prices, it is also an affiliate business that allows you to bring others to invest in gold, and to make substantial earnings by becoming a business owner in the company.  Even if you can't afford to purchase a single ounce of gold at the current price of $1198, you can easily find two people, along with yourself, who can invest around $350 each in a business that is both international, and protected from U.S. banks and governments since you can choose to have your gold delivered at any time, or stored for free in any one of their three offshore vaults.



Look, the new Jobs Report proved that the only employment being found today is part-time, and at near minimum wage levels, and the only way to survive and even prosper is to find that niche business that doesn't require you to invest a lot of money to grow and succeed.  And if 2008 didn't show us how vulnerable the entire system is, imagine what the next collapse will look like after $30+ trillion was printed by the central banks, which has only made things exponentially worse.

You can learn more about Karatbars by signing up for a free account.  If you simply wish to purchase gold in 1, 2.5, and 5 gram sizes, select Customer when clicking the link below.  But if you wish to both grow a business that is international and can be run completely from the comforts of your home and computer, and build wealth in the most recognized form of money in the history of the world that will ensure you will be above the fray after the global currency reset, then select Affiliate and purchase one of four packages (recommended silver) that opens up your window to receive commissions from anyone you sign up who then purchases gold or their own package.

Check out this video to learn just 1 of the 7 ways you can earn money through Karatbars, and click on this link to become a customer or business owner. - https://www.karatbars.com/signup.php?s=argonath




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