While it is rather unlikely that the U.S. would dare to eliminate cash altogether, like with guns, it is one of the last remaining freedoms that Americans would come out en masse to protest and fight for. But the U.S. financial system is no longer simply a domestic entity, and the 21st century global economy affects every nation in one form or another. So as the world in general rushes headlong into negative interest rates, capital controls, and a war on cash, we as Americans will be affected by their actions since we are both a creditor nation, and one that relies heavily on global imports.
Negative interest rates? Big deal. Over long periods of time the relative value of gold accelerates vs. all other currencies when real rates are negative. When the Fed takes nominal rates negative the price of gold/silver will begin to go parabolic. Will that happen immediately? Of course not. The Fed will try to cap the price movement of gold with B-52 payloads full of paper gold. When this happens, take as much cash out of the banking system as possible and convert it into physical gold and silver bullion coins.
The rampant proliferation of “war on cash / negative interest rate” warnings are little more than the childish rants of alternative media propaganda artists. It’s like a repetitive announcement that the earth is round and circles the sun. Yes, we know that the Government is going to digitize the currency system and take interest rates negative in an attempt to channel bank balances into consumption or the stock market or Treasury bonds.
But whatever measures the Government takes to implement capital controls and increasingly exert more control over your life can be offset if you move as much cash as possible out of the system now and into precious metals. – Dave Kranzler via Silver Doctors
Just like with Bitcoin and facilities such as Paypal, more and more business models are emerging that allow people to function outside the traditional and antiquated banking system. And more importantly, many of these facilities and companies are structuring themselves outside the purview of governments and banks, and provide a means for people to bank, store their wealth, and above all, protect their wealth in the only money that is not affected by inflation, deflation, negative or zero interest rates and central bank or government policies.
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.