A few weeks ago, the IMF backtracked on their previous statements where they said that China was not yet ready to be included in the bank's Special Drawing Rights (SDR) basket of currencies, and where they would be placed on hold for upwards of a year before they would re-address the Far Eastern economy's inclusion. However, as China has been accelerating their internal reforms and expanding the internationalization of the Yuan, IMF Chief Christine Lagarde changed her position and is now highly recommending the currency to be added to the SDR immediately.
And according to financial analyst Peter Schiff, this move to get the Yuan into the SDR is simply the first step in a long game where the ultimate goal is to replace or became an equal with the dollar as the global reserve currency, and eventually back their own currency with gold to bring about a return to a system of sound money.
For now, most investors and sovereign funds have stayed away from gold as and insurance policy for the ongoing currency devaluation and recessionary environments that are permeating through Japan, Europe, and even sectors of the U.S.. And in fact, this is one of the primary reasons why the dollar has ballooned to multi-year highs and sits on the precipice of 100 on the index.
But despite Wall Street's hatred of gold, central banks in Russia, India, China, and elsewhere, as well as individuals outside the U.S., having been buying physical gold at record levels in preparation of an eventual paradigm shift. And these people and institutions are working on the belief that the current system cannot sustain itself, just as the way every fiat currency has eventually collapsed throughout the course of history.
The return to gold based money will be a long-term proposition, as the advent of war, terrorism, and the fact that the dollar remains the king of the hill will keep nations in Europe and elsewhere from jumping on board until the very end. But just as there was to be a currency reset, and a re-pricing of gold back in January of 2014 before the Ukraine coup took place put it on hold, the events that took place in Paris last weekend have also created a roadblock that will push those resets down the road a little bit longer.
Yet just as people are programmed to plan in advance for their retirements by buying stocks, bonds, and other investments 20 to 30 years prior to the end of the working life cycle, why they are not doing that same preparation for the new monetary system that is coming outside the dollar shows just how much propaganda and ignorance controls how people spend or protect their money. And with gold prices being forced down over the past four years by those in power who desperately need the dollar to remain relevant, it is nearly the end of a chance of a lifetime for people to buy their insurance and be prepared to thrive when gold backed money returns to the world.
Shortages and record buying by a small percentage of people and entities threaten to leave the 99.7% of people who do not own a single gram of gold out in the cold when the dollar is devalued and the Yuan rises to power. But there is a way for you now to buy affordable gold, to keep it offshore and out of the purview of the corrupt Wall Street banking system, and even to earn money as a affiliate buy recommending others to protect their wealth in the oldest form of money in history.
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, Karatbars is working on a new e-wallet system 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.