In the movie the Big Short, narrator Jarred Vennett implied that prior to the discovery and creation of the Mortgage Backed Security (MBS), banking was a boring occupation where financial advisers offered safe products like government and municipal bonds, or dividend paying utility and energy stocks to investors. In fact, until the 1980's when Gordon Gecko's 'greed is good' mantra permeated the American psyche, high finance was something very few strived to make their life's work.
But something changed in the early 80's on Wall Street and it may have all started with Alan Greenspan and the Federal Reserve. This is because a decade after the dollar was removed from the gold standard, America's central bank began their policies of lowering interest rates which vastly increased lending via cheaper money. And speculation, fraud, and a departure from fiscal responsibility became the fuel that made banking not only a profitable venture, but the new way to become rich with limited liability.
That of course was until the 1987 when stock market crash occurred, and began a different cycle of booms and busts that culminated in even greater and greater explosions, such as the Savings and Loan scandal, the Dot Com bubble, the Housing Bubble and 2008 stock market crash, and in 2016, a derivatives time bomb that could soon destroy the wealth of every individual except for a select few.
But there have been signals along the way for those who actually pay attention to their money instead of simply giving it to Wall Street 'experts' for 30 to 40 years and hoping that at the end it will fund their retirements. And the very asset that has been both a barometer and a safe haven signal in all of these events has been gold.
Both central bankers and Wall Street hate gold because it not only limits their ability to leverage capital far beyond the boundaries sound money would allow, but it does one other important thing which is to put authority over money back into your hands. And in the end it is the ultimate rebellion against a corrupted financial system, which in today's world owns most politicians, and can con government's into using taxpayer money to bail them out from their fraud and mistakes.
We’ll be blunt: most financial asset investors really hate gold.
Anything – even leaving money in the bank – is better than owning gold since at least society has access to your capital through the banking system. Once you buy physical gold, no one has access to that sliver of your portfolio.
Of course, that’s actually a feature for the owner since physical gold is no one else’s liability.
So the notable rally in gold is essentially a protest vote against the global financial system, the equivalent of taking your ball and going home.
This only happens when investors think central banks have lost their way, and that’s not good news. Think of gold as a super-duty dive watch. It can go places humans can’t actually even dive. The watch will outlive the person wearing it. Kind of cool, but you don’t necessarily want to test it yourself. - ConvergEx's Nick Colas via Zerohedge
Gold: Best performing asset of the 21st century, and one of the top 3 since 1971
Because gold was disconnected from money, an interesting thing has occurred which has only been seen a few times in history when precious metals were relegated as commodities rather than as a currency. It has become a form of investment as well as simply being alternative money or wealth protection, and in fact, has been the best performing asset of the 21st century despite the massive stock, bond, and housing bubbles created through the use of debt and low interest rates. And it is also one of the top 3 performing assets since its disconnect from currencies beginning in 1971.
So... gold has not only been one of the best investments of the past 45 years, and especially the past 16, it is a way to protect and hedge against inflation and against central bank manipulation of currencies, and lastly it is the one true way to tell Wall Street and bankers to 'shove it' by taking your money completely out of their rigged game, and limit their ability to increasingly leverage debt and steal your money by removing the capital foundation they use in the markets.
And with more and more people finally waking up out of the Wall Street programming that helped fuel their greed by conniving people to trust them with their money by giving it to them for decades under the guise of mutual funds, 401k's, and IRA's, how can you achieve nearly every financial need and desire you have through the purchasing and holding of gold?
You can do so with a company called 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, 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.