Many of us have heard about the shortages going on in the physical gold and silver markets as Mints, brokers, and local dealers all attest to the fact that one or many entities are buying the metals in record numbers. In fact, a new chart out for the beginning of 2016 shows that not only is this year turning out to be a rush to safety for people in precious metals, but it also appears likely that major banks and wealthy buyers are behind the run on gold.
First-day sales of American Eagle gold bullion coins were also strong at 60,000 ounces, compared with the 81,000 ounces that sold in the entire month of January 2015, mint data showed.
On Monday, spot gold prices traded just below $1,100 an ounce, which is up about 5 percent from the near six-year-low of $1,045.85 reached in early December. - Reuters
While Yellen served as the regional bank chair for San Francisco she voted along with other members of the Fed to maintain low mortgage interest rates, which were one main contributing factors to the housing bubble.
For a while, it appeared this was stimulating the region’s economy by creating construction jobs and reducing unemployment. But some feared serious problems once the bubble burst — a fear Yellen did not share.
On the eve of the financial crisis in 2007, she reassured the public that the U.S. economy was safe from the fall of the housing market, which at that point had already been in decline for six months. – Daily Caller
Unlike in 2007-2008 however, people cannot say they have not been warned of what is coming as the internet has made it possible to provide vital information and analysis free to anyone looking for direction beyond the mainstream agenda of protecting the status quo. And just as Europe is realizing today that not only are their banking systems insolvent once again, but that depositors will be the ones rather than the government to bail out these destructive speculators, so too are large portions of people in the East preparing themselves for a monetary power vacuum as the world moves away from the dollar, and into a monetary system that more than likely will be backed by gold in some capacity.
So if as we are seeing in the stock markets that equities and other paper assets are screaming for a sharp decline, and multiple large banks are even telling their clients to sell everything, what possible safe haven is there for you to move your money out of a collapsing system and into something that has stood the test of time through every crisis in financial 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.