The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label demand. Show all posts
Showing posts with label demand. Show all posts

Thursday, June 1, 2017

Silver demand in 2016 was greater than supply as production output declined for first time since 2002

For those individuals who have been fretting over why silver prices have been depressed for so long, the answer is not because of oversupply.  In fact, for the first time in 14 years silver production declined in 2016, and demand for the metal was actually higher than supplies.

No the primary reason that silver has not soared higher despite the fact that it is both an industrial metal as well as a monetary metal, is because of the vast manipulation in the futures and derivatives markets which are used by the banks to protect sovereign currencies from being exposed by the metals.

Last week, the Silver Institute and the research team from GFMS at Thomson Reuters said that silver mine production declined in 2016 for the first time since 2002.  The gap between supply and demand also turned negative with 1,007.1 million ounces of supply and 1,027.8 million ounces of demand, creating a 20.7 million-ounce deficit, which puts upward pressure on silver prices.  The largest five silver producers, in order, last year were Mexico, Peru, China, Chile and Russia.  On the demand side, industrial fabrication made up over half (55%) of the demand - 562 million ounces. Jewelry was a distant second at 207 million ounces (20%), while coins and bars accounted for another 206.8 million ounces (20%).  The final 52 million ounces (5%) of demand came primarily from silverware and other decorative uses. 
Unlike gold, silver is an industrial metal as well as a precious and decorative metal, so the new industrial applications for silver provide the biggest boost in the demand curve.  Last year, for instance, demand for silver in photovoltaic applications rose 34% to over 76 million ounces, driven mostly by a 49% increase in solar panel installations last year.  At one time, investors feared what would happen to silver when the photographic process no longer demanded so much silver, but technology always moves forward, not backward, so these new industrial applications of silver have taken the place of photographic demand. - Townhall

Wednesday, March 22, 2017

Silver mint sales skyrocket this week as gold to silver ratio remains at 70/1

There has been much discussion over the past 30-45 days of the decline in the purchasing of gold and silver bullion from the U.S. Mint.  And there are many factors that could be driving this decline in demand which include institutions going full bore into stocks (as we saw with the Dow going from 20,000 to 21,000 in record time), and also the fact that retail consumers are desperately out of money to buy non-necessity items.

But something interesting happened on Monday which may be showing that the past month's declines in silver buying was perhaps just a blip on the radar as reported sales on Monday, March 21 were alone more than three times the total amount of Mint silver sales from the previous week.

Image result for silver better investment than gold
Silver at just $17.50 per ounce remains about 1/ 70th of the price of gold at $1,230/oz today. This gold silver ratio of 70.3 continues to drive silver ‘stackers,’ value investors and those seeking a better return than gold to accumulate silver at what are seen at these still relatively cheap levels. 
This is seen in continuing robust demand for the very popular silver bullion coin this week. The U.S. Mint sold 715,000 of Silver Eagles ( 1 oz) this week, to bring the year to date sales totals for 2017 to a robust - 7,557,500 Silver Eagle coins. 
We have seen very robust demand for silver again this year, especially from clients in the UK and Ireland buying silver bullion coins (now VAT free) such as Silver Eagles. We are seeing even greater demand for Silver Maples and Silver Philharmonics. - Silverseek
US Mint Bullion Coin Sales (Number of coins)
Monday SalesLast WeekFeb SalesMar Sales2017 Sales
Silver Eagles
(1 oz)
715,000220,0001,215,0001,215,0007,557,500
Gold Eagles
(1 oz)
4,0002,50021,00010,000117,500
Gold Buffalos
(1 oz)
1,5002,50015,0004,50051,500

Friday, December 23, 2016

Indicators for gold the best in 16 years as oversold markets show disconnect between bid and price

Well known and respected precious metals analyst Dave Kranzler published some new research derived from the recent and near unprecedented drop in the gold price for the past seven straight weeks.  And in his determination, gold indicators are flashing the best environment for a strong move upward in perhaps the past 16 years.

In addition to the factors outlined from Kranzler's work, when you look at the imploding currency and debt issues throughout the world that are even affecting China right now, along with the crashing of bonds in the U.S., evidence points to the world very soon rushing into gold as the only real safe haven left to protect one's wealth.

Dave Kranzler: I was looking at a lot of data as I was writing up this latest issue of the mining stock journal, and there are several indicators screaming buy about as loudly as I've ever seen a buy signal in the 15 years I've been doing this market. 
These indicators are both technical indicators and some are contrarian indicators.  For instance, I was chatting with Eric King the other day and I said to him just looking at the intra-day action, whenever they try to take silver below $16, and gold below $1130 it bounces back, and that's been the case now for at least a week.  And he said that if gold closes down this week, it will be the first time that he can recall ever that it's closed down seven weeks in a row on a weekly basis.
In the video below Kranzler lays out many of the indicators he has discovered that point towards a vastly oversold market, as well as a growing disconnect between the paper and physical markets.  And despite the continuous beat down in the gold price during the past seven weeks since the Presidential election, the one factor that hasn't changed is that demand for physical gold has increased during this time, and the current price does not reflect this supply and demand factor.

Thursday, December 15, 2016

Following the Fed rate hike and spike in the dollar, the gold price spread between London and China soars to $50

Gold prices were once again beaten down in the United States following the Federal Reserves decision on Dec. 14 to raise rates by .25 bps in only the second move by the central bank in the last decade.  And while gold was sold off on Wednesday as well as early Thursday morning in New York, markets in Shanghai have not followed the same path as those in London and the Comex.

In fact with the London AM Fix coming out just a few hours ago, the price spread between the physical and paper markets have now spiked to a record $50 difference.

Shanghai Price Fix


London Price Fix


As mentioned earlier this week in another article, the divergence in official prices are also being expanded by record amounts of premiums placed upon gold by the market makers in China.  In fact, according to analyst and statistician Dr. Jim Willie, the premiums necessary to purchase large quantities of gold have forced prices right now to exceed $2000 per ounce in the physical markets.

As the dollar continues to strengthen the price of gold in nearly all other currencies and markets will continue to rise, and in some cases break through record levels.  And what we are seeing right now in the price of gold out of both London and the Comex is not indicative of the record demand being created all across the world which is the primary basis between the spreads in price we are seeing between the London fix and the one coming out of Shanghai.

Tuesday, December 13, 2016

Gold spread between London and Shanghai now $36 as premiums in India and China reach 50% over price

The gold price spread between the London paper markets and the Shanghai physical markets continues to climb as the divergence between China's PM fix and London's AM fix reached $36 on Dec. 13.

Shanghai Gold Fix

London Gold Fix

Yet these prices are not truly indicative of what is really going on in the physical markets since the bullion banks crushed down the spot price following the election of Donald Trump back on Nov. 8.  This is because geo-political and economic events in both India and China have caused demand to surge immensely over the past month, and dealers and jewelers in both countries are incorporating premiums sometimes as high as 50% over the designated price.

Last week saw news of reported gold import curbs in China (and looming capital controls) has sent gold premiums in China near three-year highs amid limited supply of the precious metal (as Reuters reports)... 
The import curbs may be part of China's efforts to limit outflows of the yuan after the currency's slide to its weakest in more than eight years, traders say. China allows only 15 banks to import gold, including three foreign lenders. 
"There is severe restriction on the banks' quota to import gold into China. Each one of them have to justify their need," a Hong Kong-based banker said. 
Gold was sold in China at about $24 an ounce above the international spot benchmark this week. Premiums went as high as $30 last week, the most since January 2014, according to Thomson Reuters data. - Zerohedge
Over in India the shortages and demand are much more extreme, with premiums skyrocketing as government officials threaten consumers and dealers with cuts to imports, and even outright confiscation.
In November the country's gold imports jumped to around 100 tonnes, the highest in 11 months. 
Jewellers and bullion dealers are deferring purchases and gold imports in December could fall to 30 tonnes, down from 107 tones in the same month a year ago, said a Mumbai-based dealer. 
It is estimated that one-third of India's annual demand of around 800 tonnes is paid for in "black money" - the local term for untaxed funds held in cash by citizens that do not appear in any official accounts. 
And this has sparked a surge in physical demand (amid limited supply concerns)... (as Reuters reports) 
There have also been reports of people rushing to buy gold by paying as much as a 50 percent premium above official prices using their unaccounted money to skirt the note ban.

Wednesday, December 7, 2016

Despite fall in paper price, gold demand at 5 year high as fears of a supply shortage causing global scramble for the metal

By now most precious metals investors should have realized that the old standard 'spot price' that once dominated gold and silver is on its way out, and acts as little more than a paper value for derivative contracts.  And this can be seen by the price divergence in spreads between the London Fix, and its competition over in China at the Shanghai market.

But until the London/Comex price is gone for good it still controls the buying and selling costs here in the West.  And thanks to the tremendous shorting that has occurred in the paper markets since the Presidential election that took place on Nov. 8, the over $200 drop in price has done little to depress the appetite of gold purchases as the month of November saw the highest amount of buying in the last five years.
Gold demand in November soared to its highest level since the end of 2011 as investors took advantage of a steep drop in prices for the yellow metal following Donald Trump’s win in the U.S. election, according to data from BullionVault released Tuesday. 
The Gold Investor Index, run by Internet-based metals exchange operator BullionVault, jumped to 59.3 in November—its highest level since December 2011. the index stood at 56.8 in October. - Marketwatch
What is making up this increased demand for gold are not just China and Russia, who have continued their massive buying of gold through November of this year, but the inclusion of several other nations such as Britain, Vietnam, the U.S., and of course, India, who have joined in to start exchanging their currencies for gold in their reserves.

Much of this buying is also coming from the fact that outside the dollar, people are losing confidence in global currencies, especially after this year's Brexit event, Venezuelan hyperinflation, and the more recent attack on cash by India's Prime Minister Modi.  And the increase in purchasing worldwide has suddenly revealed incredible shortages that could soon be the catalyst for breaking Comex control over their depressing the spot price of gold.
“For the first time in history, gold supply into the future is under enormous pressure.” The warning from Mark Bristow, chief executive of London-listed Randgold, encapsulates the gold mining sector’s woes. 
Bullion’s only modest price recovery this year compared with other commodities has led the industry to cut spending on exploration dramatically to less than $4bn from almost $10bn in 2012. 
Petropavlovsk, a gold miner with assets in Russia, is a case in point. It has cut its exploration budget by two-thirds. 
“There is a chronic shortage of exploration money and as usual the gold price is not acting in the way everyone thought it would do,” says Peter Hambro, chairman of the company. 
This backdrop has left many in the industry forecasting a supply shortage by the end of the decade. - Financial Times
As an investor it is not the time to be fooled by the paper selloffs or shorting that is occurring in the Comex and other Western markets, but rather a time to take a serious look at supply and demand, and the consequences of dying confidence in most global currencies.  Because the lowered price that is also being coupled with dwindling supply right now is a an opportunity of the decade for the precious metals, and should prove to be very profitable once the world moves completely away from London and New York's control over the market.

Saturday, December 3, 2016

Demand for gold in the U.S., China, and India on fire as lack of trust in currencies signal a new coming crisis

In just the past month, and especially since the Nov. 8 Presidential election, the demand for gold throughout the world has increased at a rapid pace.

We have already documented the intense scramble for gold in India over the past three weeks as Prime Minister Modi began implementing the banning of some cash, and the institution of capital controls. But even with the selling off of gold in the Western paper markets that has seen the spot price drop by more than $200 in the past four weeks, it has done nothing to effect the physical gold markets where premiums have spiked to three year highs, and where a record number of U.S. gold eagles have been sold just in November by the U.S. Mint.


Graphic courtesy of SRS Rocco Report
Investment demand for Gold Eagles surged during the last day in November pushing sales to a new monthly record.  Not only did Gold Eagle sales for November reach a new record high for the year, it surpassed sales during the same month last year by 52%. 
It seems as if investors are once again taking advantage of lower gold prices.  I had planned to publish the article on Wednesday (last day of the month) showing that November sales hit a new record high, but the U.S. Mint updated their figures yesterday reporting another 20,000 Gold Eagles oz were sold on the 30th. 
So, as of Nov 29th, the U.S. Mint Gold Eagle sales reached a new high for the year of 127,500 oz.  Then they sold another stunning 20,000 oz in one day for a total of 147,500 Gold Eagle oz for November: - SRS Rocco Report
Over in China the process to exchange dollars for gold has shifted into high gear as the country that runs the world's largest physical gold market dumped hundreds of billions of dollars worth of Treasury reserves and used them to import nearly 1,000 tons of gold in just in the last quarter.  And premiums at the Shanghai Gold Exchange have soared to well over $30 per ounce as seen by the spread enacted between the Shanghai and London AM/PM price fixes.

While paper gold traders can't seem to dump the precious metal fast enough, physical gold demand is soaring around the world. India retail premiums are spiking (amid demonetization), local China premiums soar to a 3-year-high (as capital controls loom), and coin sales from the US Mint have risen for the 4th straight month, accelerating post-election to the highest since July 2015 since Trump's victory at the election. 
Following the initial panic-buying across India after Modi's demonetization effort shook the nation's faith in fiat currency (sending local gold premiums soaring), news of reported gold import curbs in China (and looming capital controls) has sent gold premiums in China near three-year highs amid limited supply of the precious metal (as Reuters reports)... 
The import curbs may be part of China's efforts to limit outflows of the yuan after the currency's slide to its weakest in more than eight years, traders say. China allows only 15 banks to import gold, including three foreign lenders. 
"There is severe restriction on the banks' quota to import gold into China. Each one of them have to justify their need," a Hong Kong-based banker said.
Gold was sold in China at about $24 an ounce above the international spot benchmark this week. Premiums went as high as $30 last week, the most since January 2014, according to Thomson Reuters data. - Zerohedge
When a market or sovereign government manipulates the price of a commodity, security, or equity contrary to the demand of that asset, the end result is always the same... a run on those assets similar to the way a populace would rush to clean out a grocery store in the advent of a natural disaster.  And as nearly all global currencies start to be rejected by their people in lieu of this year's concerted efforts to ban or restrict the use of cash, the worldwide run on gold appears now to be in full swing, and only 1% of the global population is aware of it.

Tuesday, October 11, 2016

Sharia law standards for Muslim gold ownership expected to be completed by end of the year

One of the biggest and perhaps most under reported events in the gold spectrum is very close to completion as on Oct. 11, the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) announced the primary draft that would allow for gold ownership by Muslims under the stricture of Sharia Law.

Worldwide there are around 1.6 billion Muslims, many of which follow Sharia Law in their cultural and financial lifestyles.  And for centuries gold ownership was limited to both jewelry and currency, as any investment in the precious metal carried the potential of earning interest above the value of the metal, especially in areas such as futures and other paper gold markets.

But now the AAOIFI has laid out new guidelines that will become the standard under Sharia Law, and are expected to become fully functional by the end of 2016.  And with this new opportunity opening up for a significant portion of the Islamic world, expectations are that both the gold price and demand could skyrocket as nearly 25% of the world's population would have access to gold ownership and investment for the first time.

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) plans to finalize several new standards by the end of the year, as the standard-setting body works through a revamp of its guidance for the $2 trillion industry.
Bahrain-based AAOIFI has published a draft sharia standard for gold-based products with a one month consultation period ending Nov. 9, the industry body said in a statement. The project was started last year by the World Gold Council, a London-based market development body. 
AAOIFI issues guidelines that are followed wholly or in part by Islamic financial institutions globally, a sector that has grown fast but remains fragmented across its core centers in the Middle East and Southeast Asia. - Reuters

Tuesday, September 6, 2016

Despite declines in gold price in August, demand for the metal hit a four year high

Now that the summer market doldrums are over following the turning of the calendar on Labor Day, gold is acting as it normally does heading into its biggest price months of the year.

In fact, so far on the first trading day in September, gold is up over $14 and should go much higher very soon since economic data from manufacturing just about assured there will be no Fed rate hike when the FOMC meets later this month.

Live New York Gold Chart [Kitco Inc.]

Yet despite the fact that gold lost some of its gains during August, an interesting statistic emerged on Sept. 6 which puts alot into perspective for the rest of the year.  And that is that demand for gold by individuals hit a four year high last month, meaning that new support is now in the market to take gold much, much higher.
Private investor appetite for gold hit a four-year high last month, swelling net purchases on the BullionVault trading platform by almost half a tonne. 
The financial jitters triggered by the Brexit vote and record low interest rates have spurred demand for the safe-haven commodity over recent months, driving total holdings at BullionVault to 35.7 tonnes. 
Although the number of private buyers slipped 6pc in August, those willing to reduce the holdings they have built up over summer dropped 49pc to boost the net demand. 
As a result BullionVault's Gold Investor Index up to a new 3-year high of 56.0, reaching its highest level since April 2013 from July's 53.4 reading.
Adrian Ash, head of research at BullionVault, said: “Private investors continue to grow their gold holdings against a trend of both rising prices and rising financial risks. 
“Last time net gold investing demand was this strong, prices were retreating hard from the late 2012 rally. August 2016 in contrast marked the fourth time running that average monthly gold prices rose against the dollar, a pattern not seen since the metal peaked with the global financial crisis in summer 2011." - Telegraph

Monday, August 1, 2016

Gold supplies declining as the cost to mine the metal continues to increase nine years after reaching Peak Gold

It was determined back in 2007 that the world had reached the point of Peak Gold, which means that the majority of easily accessible metal had already extracted from the earth and that going forward, mining costs would invariably increase just to be able to get smaller and small amounts from new gold discoveries.

Eight years later, analysts are now predicting that the industry has reached a new plateau of Peak Gold Production, and that supplies to the market will continue to decrease as well, leading to a drive up in price as demand remains steady and supplies dwindle.

This year gold has traded so strongly with the jitters in other markets that it’s easy to forget its own fundamentals. 
And that might be a mistake. Because they are looking interesting. 
Discoveries peaked in 2007 and production will shortly do the same, according to Canadian investment firm Sprott Asset Management. New finds have collapsed between then and now, but not for want of looking. Indeed, “exploration budgets rose 250% from 2009 to 2012,” Sprott’s gold team wrote in a recent note. 
It looks as though 2015 may be the peak year of global production - about 95 million ounces. On an annualised basis, the decline would be about 2.2% a year out to 2024 it said. 
This will be supportive of gold prices, which are already up more than 24% this year. But it also looks interesting for miners. It is likely that there will be a “significant wave of M&A (mergers and acquisitions) within the industry” because “companies need to replace both reserve and production ounces”. - News Markets
As the economy and banking systems tread water in their reliance for continuous quantitative easing and negative interest rates, more and more people who have discounted gold for many years will one change their tune and seek the security of wealth protection that only gold can provide.  And when that day soon comes, the problem that will hang over them is not if they can afford the price of buying the metal, but will there be any metal available to them when the flood gates open from the rise in consumer demands.

Thursday, May 12, 2016

Gold demand for first quarter of 2016 is the highest on record

As the numbers come in for the gold industry in the first quarter of 2016, demand for the precious metal, both in physical purchases and paper equities is the highest total amount on record.  And with institutions such as J.P. Morgan publicly calling a new bull market in full swing, chances are likely that not only the second quarter, but the rest of the year, will see massive inflows of buyers into the gold markets.

Demand for gold soared at the start of the year, the strongest first quarter on record, the World Gold Council (WGC) has said. It predicted that negative interest rates, global uncertainty and a good monsoon season in India would bolster buying further in coming months. 
Demand surged 21% between January and March, as negative interest rates in Japan and Europe, which have led to rock-bottom savings rates, slower global growth and stock market turbulence drove investors to bullion, seen as the ultimate safe haven. 
The WGC’s report [pdf] noted that China’s devaluation of the yuan had fuelled fears over the country’s economic health and the impact on the global economy, and that the pace of US interest rate rises was widely expected to slow. - The Guardian

Saturday, April 30, 2016

Islamic world and sharia banking will soon have a gold backed currency and financial system

We have talked extensively on how China, Russia, and many of the BRICS nations are preparing for a return to the gold standard in both trade and currencies.  But a new report out from the Middle East shows that the Islamic world is also forging out protocols to institute the use of physical gold in sharia banking.

The significance of this new program is that to accommodate Islam's religious mandate for gold backed money, a new and extremely large buying program will have to take place among several Middle Eastern nations, with demand for gold stretching already short supplies to a breaking point, and where prices will skyrocket from this new source of demand.

“Shariah-compliant gold demand may be `hundreds of tons’  …  Gold products used in Islamic finance would need to be physically-backed and allocated to the underlying asset, according to a draft of a standard for Shariah gold being developed.  “We are almost there” with a final proposal, said Mohd Daud Bakar, a Shariah scholar who is writing the draft for the Accounting and Auditing Organisation for Islamic Financial Institutions, the Bahrain-based industry group that sets Shariah standards in finance.”
Shariah finance is non-interest based finance. It’s religiously unacceptable to extract interest from others if you are a Muslim - that’s usury, also known as riba. So financial instruments have to be tailored to Islamic communities to ensure that they are not in violation of the Koran. 
Shariah compliant gold investing will be configured so no precious metals are borrowed, loaned out or earn income.  Thus the investor - consumer or institutional - will be confident that the actual gold holding consists of physical precious metals. The bars will be numbered and noted. The only profit to be earned will be based on the value of gold moving up. This will involve physical precious metal purchases, but ETFs can be structured similarly and already have been. 
The Bloomberg report quoted above indicates the committee formed to develop the Shariah standard is moving fast. It will “meet once more next Sunday and then submit the proposal to AAOIFI’s Shariah Board.” The physical gold backing is the most important aspect and disqualifies COMEX gold futures. However, the Singapore gold contract will qualify as Shariah compliant, according to the Bloomberg analyst. - Dollar Vigilante

Wednesday, September 16, 2015

Got Karatbars? Amidst metal shortages, India buys 126 tons of gold in August alone

Earlier this week we mentioned the fact that one of the primary gold and silver markets in the world (London) was virtually out of precious metals, and in a bind to provide delivery for the growing number of contracts that are accumulating around the world.  And with India's import ban having been lifted in recent months, the nation where over 1.4 billion people hold their wealth around their necks in physical gold is well on their way to draining the rest of the West's remaining reserves, and putting the precious metals market on life support.

In the month of August 2015, India imported 126 tonnes of gold and 1,400 tonnes of silver, according to data from Infodrive India.Gold import into India is rising after a steep fall due to government import restrictions implemented in 2013. 
Year-to-date India has imported 654 tonnes of gold, which is 66 % up year on year. 6,782 tonnes in silver bars have crossed the Indian border so far this year, up 96 % y/y. 
Gold import is set to reach an annualized 980 tonnes, which would be up 26 % relative to 2014 and would be the second highest figure on (my) record - my record goes back to 2008. - Bullionstar


Graphic courtesy of Bullionstar.com

Of course, what is interesting in all of this vast demand by countries and peoples around the world is the fact that the price has hardly budged, and in fact has gone down according to the baseline of the long-standing London Fix committee.  This of course bring an interesting paradox to the concept of supply and demand, but when you realize the Comex spot price that is the current determiner of precious metal commodity prices is one of the most manipulated markets in history, one has to take the view that the purpose behind this is to both dissuade those who might move their savings into gold, and to protect the dollar which is the foundation behind all U.S. policy just as silver was to Britain during their reign in the 19th century.

Yet tomorrow may be a turning point for gold and silver, and it rests on the critical decision that will be made by the Federal Reserve in regards to the raising of interest rates on Sept. 17.  Because no matter what choice the central bank decides to make, it will have an incredible effect on both the price of gold, and the demand for gold since a yes vote to raise rates will cause the equity markets to drop precipitously, and a no vote will contradict the Fed's rhetoric that not only is the economy not continuing in recovery mode, but that their analysis via data dependency means they will soon have to embark on QE4 and even greater money printing than was done from the previous five years combined.



So with the Fed caught in a trap no matter if they raise rates or not, and the results of their decision having vast effects on price inflation, the global currency war, and corporate lending and job creation, what options are left for the common people to protect their money and wealth against all contingencies, and provide even a modicum of security for the uncertain and chaotic roads ahead?

The answer lies in 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, you can have the power to move your money into a free e-wallet 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.

Sunday, September 13, 2015

Got Karatbars? Your options to get physical gold are now limited as even London is virtually wiped out

Over the past several months, the run on physical metals such as gold and silver have been as great as the demands of 2008, and even those that took place in 1980.  And besides the fact that sovereign mints such as those in the United States and in Canada have halted sales of bullion coins to brokers and dealers since early summer, even independent dealers and mints are experiencing backlogs of nearly six weeks to get their customers any physical metals.

But as the financial signals spreading from Asia to Europe, and again to the U.S. scream of a market and currency collapse, or at the very least a severe recession coming upon us, North America is not the only place where physical gold and silver is getting scarce, and according to well known metals analyst Koos Jansen, it is nearly impossible to get it from ground zero... ie... London.

Just after my colleague Ronan Manly wrote a very extensive article on how much gold is left in London (not much), Petropavlovsk Chairman and Co-Founder Peter Hambro discusses gold at Bloomberg Television. He, like Manly, concludes there is very little physical gold left in London. From Mr Hambro:
My baseline is they [the Chinese] have been buying and the Indian have been buying in enormous quantities. It’s virtually impossible to get physical gold in London to ship to those countries. We get permanent requests from Russia, would we please sell our physical gold to India and China. Because there is no physical, only endless promises. And I really worry that the market, that paper market, could be stamped on and people will say “sorry we’ll have a financial close out”, and it’s all over.
Perhaps this quote explains why UK gold export directly to China in June was not a net outflow from the UK - because there is little gold left in London (Manly, Hambro) and thus the UK had to ramp up import from the US in June to send forward to China.
The Financial Times reported on similar gold shortages in London. From the FT (2 September):
The cost of borrowing physical gold in London has risen sharply in recent weeks. That has been driven by dealers needing gold to deliver to refineries in Switzerland before it is melted down and sent to places such as India, according to market participants.
“[The rise] does indicate there is physical tightness in the market for gold for immediate delivery,” said Jon Butler, analyst at Mitsubishi.
I’ve also asked BullionStar CEO Torgny Persson in Singapore what he’s currently seeing in the precious metals markets. He replied there are shortages in both the gold and silver market. From Mr Persson:
I just got off the phone with A-Mark which is one of the world’s largest wholesalers. They are reporting that they have no gold and silver at all live available, that they have stopped taking orders for Silver Maples and Silver Philharmonics altogether and that Silver Eagles are available first in the end of November. ForPamp, there is similarly long delivery times for all minted gold bars.
We still have most products in stock because we stocked up as massively as we could in the last weeks but for many products, we are unable to replenish as of now when we run out.
Big squeeze with shortages starting now both on the wholesale/retail level and at the bulk level… Unless the paper price is reverting up, it may not subside this time around and then the paper fiat mess (including paper prices of gold and silver) is in trouble. If it goes to the point of shortages at the bulk level like 1kg gold bars and 1000 oz silver bars, the emperor will stand without clothes. - Bullion Star

So if you are still looking to get some physical gold now that demand is at a near all-time high, and supplies are so scarce that delays are upwards of two months before delivery, what alternatives do you have to not only secure your wealth, but protect yourself from the coming paradigm shift that will end the era of fiat currencies and bring a return to the gold standard?

The answer lies in 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, you can have the power to move your money into a free e-wallet 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.