Over the past decade, news of China's purchasing of gold from the Western banks has grown to the point where not only have they opened the world's largest physical gold market, but they also have accumulated a stockpile larger than most Western economies have combined. And while this can be seen or attributed by some as a financial play to backstop their ever increasing debt bubble, the fact of the matter is this has always been the first step in a long game of controlling the financial system, and returning it back to one of sound money.
And while many wait breathlessly for April 19th when China is expected to announce its own competitive gold price, other steps are being taken under the surface which signify a move to corner the gold market entirely.
The headlines for gold these last few years have all focused on physical gold accumulation by China, Russia and Eastern central banks… but what they have missed is a 7,000 year old strategy that China is doubling down on… According to data compiled by Bloomberg, in 2013 asset purchases by Honk Kong and mainland miners increased by $2.2 billion. China is buying gold mines at a record.
…By August of this year Chinese influence will have infiltrated the biggest financial institutions in the world with China only revealing their physical bullion above ground while saying nothing about their mine acquisitions. This explains their long-term strategy to implement some form of gold-backed currency. - Silver Doctors
In 1980 when the Hunt Brothers sought to corner the silver market, it drove the price up 20 fold to levels that were not seen again until 2010. So imagine what gold will do today in this much more inflated money system where debts are measured not in the trillions, but in the quadrillions?
This leaves you and I with some tough choices, and ones that are difficult to get our heads around since we have all mostly lived in a period where the dollar has been king, and the U.S. has been the most dominant economy in history. But just as most people, financiers, and economists never saw the 2008 crash coming, even fewer will see the usurpation of the American dream by Eurasia when it comes riding in on a golden horse.
So how can you protect what you and your generations have accumulated when the trumpet sounds for a new paradigm shift to a gold backed system, and policies that may emanate out of Shanghai and Hong Kong rather than from Wall Street and the City of London?
You can do this 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.