Analysts within the alternative media have for year's spoken on the attributes and outright necessity of owning gold, especially when central banks have engineered vast money printing programs and regular banks have shown themselves insolvent. But when a mainstream financier goes public and calls for people to get out of paper assets like bonds and stocks, and get into cash and gold because of a foreseeable financial calamity coming on the near horizon, then it is a signal that that 'stuff' is really about to hit the fan, and protecting yourself from what is to come is imperative.
On June 20, a Bond fund manager for one of the largest bond firms in both Britain and Europe, is urging his investors to get out of the very paper assets his financial institution sells, and get directly into either cash or gold, and as he so eloquently implied, to keep some wealth under the mattress.
The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress.
Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for Fidelity, including the flagship Moneybuilder Income fund, is concerned that a “systemic event” could rock markets, possibly similar in magnitude to the financial crisis of 2008, which began in Britain with a run on Northern Rock.
“Systemic risk is in the system and as an investor you have to be aware of that,” he told Telegraph Money.
The best strategy to deal with this, he said, was for investors to spread their money widely into different assets, including gold and silver, as well as cash in savings accounts. But he went further, suggesting it was wise to hold some “physical cash”, an unusual suggestion from a mainstream fund manager. - Telegraph.co.uk
Spreadbury's reference to Northern Rock is in relation to the British bank that helped start Europe's version of the 2007 Credit Crisis, as a run on the bank triggered financial problems all across Britain, and the rest of the Eurozone. And while the only run on banks that is taking place right now is happening in Greece, a sovereign bank failure in this Southern European country could trigger over $75 trillion worth of derivatives held by other major banks, and lead to a bank holiday or bank bail-in that would wipe out your savings and investments in a single day.
The bond markets for more than a month now have been signaling extreme risk, as seen in the Eurozone's most stable country Germany. In just the past four weeks, the German Bund (sovereign bond) has bounced back and forth by more than 70 basis points (bps), which is an unprecedented event outside of a systematic breakdown.
To add fuel to the fire on Ian Spreadbury's warning, precious metal analyst Bill Holter went public in an interview on Friday stating that Monday is a black letter day for the global markets, as the Greek situation is reaching a climax, and the results could very easily lead to a systematic global meltdown.
Even if central banks and sovereign governments are able to stave off any potential collapse that may come in the next few days, the writing is clearly on the way that the entire global financial system is headed towards a new crisis, and will not last without a breakdown before the end of October. So between now and then, if you have money in a bank, or wealth that you need protection for, there are only a few solutions outside of cashing in your investments and trying to find outlets to buy physical gold and silver.
But there is one entity that can provide for everything you need to do this, and protect your wealth in the event of a bank crisis, or systematic financial meltdown.
That entity is Karatbars.
Buying gold through Karatbars is one of the easiest things on the net. In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.
And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system. From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.
Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet. And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.
But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate. Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.
Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.
How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money? And there is never a mandatory requirement to buy beyond what you desire, on your own schedule. And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.
How to make money in both the Dual and Uni-level systems of Karatbars
How to make a six figure income using Karatbars in just 7 weeks.
The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold. And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?
To learn more about Karatbars you can contact the Finance Examiner at email@example.com, or create your own account free account with Karatbars as either a customer, or an affiliate (business builder), by clicking the link below, and filling out the one page document.