Earlier this week we mentioned the fact that one of the primary gold and silver markets in the world (London) was virtually out of precious metals, and in a bind to provide delivery for the growing number of contracts that are accumulating around the world. And with India's import ban having been lifted in recent months, the nation where over 1.4 billion people hold their wealth around their necks in physical gold is well on their way to draining the rest of the West's remaining reserves, and putting the precious metals market on life support.
In the month of August 2015, India imported 126 tonnes of gold and 1,400 tonnes of silver, according to data from Infodrive India.Gold import into India is rising after a steep fall due to government import restrictions implemented in 2013.
Year-to-date India has imported 654 tonnes of gold, which is 66 % up year on year. 6,782 tonnes in silver bars have crossed the Indian border so far this year, up 96 % y/y.
Gold import is set to reach an annualized 980 tonnes, which would be up 26 % relative to 2014 and would be the second highest figure on (my) record – my record goes back to 2008. - Bullionstar
Of course, what is interesting in all of this vast demand by countries and peoples around the world is the fact that the price has hardly budged, and in fact has gone down according to the baseline of the long-standing London Fix committee. This of course bring an interesting paradox to the concept of supply and demand, but when you realize the Comex spot price that is the current determiner of precious metal commodity prices is one of the most manipulated markets in history, one has to take the view that the purpose behind this is to both dissuade those who might move their savings into gold, and to protect the dollar which is the foundation behind all U.S. policy just as silver was to Britain during their reign in the 19th century.
Yet tomorrow may be a turning point for gold and silver, and it rests on the critical decision that will be made by the Federal Reserve in regards to the raising of interest rates on Sept. 17. Because no matter what choice the central bank decides to make, it will have an incredible effect on both the price of gold, and the demand for gold since a yes vote to raise rates will cause the equity markets to drop precipitously, and a no vote will contradict the Fed's rhetoric that not only is the economy not continuing in recovery mode, but that their analysis via data dependency means they will soon have to embark on QE4 and even greater money printing than was done from the previous five years combined.
So with the Fed caught in a trap no matter if they raise rates or not, and the results of their decision having vast effects on price inflation, the global currency war, and corporate lending and job creation, what options are left for the common people to protect their money and wealth against all contingencies, and provide even a modicum of security for the uncertain and chaotic roads ahead?
The answer lies in 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.
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 individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.