by Anna Von Reitz
Everyone who knows anything about me knows that I don't believe in money. I consider all the present systems of currency and exchange that exist to be fundamentally flawed, dishonest, subject to manipulation, idolatry, and fraud. Okay? It makes no sense to pass around I.O.U.s and pretend that they are "money" and it makes no sense, either, to choose one, two, or three commodities like gold, silver, and platinum and pretend that they somehow represent all other commodities including labor. Both systems are bonkers and it is only a matter of choosing between two forms of insanity until everyone throughout the world wakes up, looks at this, and like me says---- WTF???
Meantime, we are stuck with needing some means to exchange goods and services on a national as well as international level. You have the fiat currencies and the banking cartels and governments that support those v. the commodity-backed currencies and the banking cartels and governments that support those, and for various reasons, the line between wavers back and forth. Joe Average and Mom and Pop are stuck in the middle, wondering what to think and where to go.
I will be honest with everyone. I reviewed the Karatbars program back in 2011 and decided against it. I don't like Multi-Level Marketing schemes to begin with, and the entire Karatbars "niche" was obviously to repackage gold in small, known, trade-ready quantities suitable for making daily purchases---with the repackaging adding between 30-36% to the overall cost of the gold product being advertised. Why not just buy coins of various denominations and sock them away somewhere for a rainy day?
As I reasoned at that time, five years ago, about the smallest gold coins are a tenth of an ounce, but so what? That translates as around $130. Why would anyone have trouble using a coin worth $130----? The Karatbars advantage (and extra cost) of packaging gold is tiny quantities was not apparent to me.
Perhaps it is not apparent to you, either?
Let me review very briefly the history and motivations that got us into this mess.
In 1928 it cost about $30 to buy an ounce of fine gold. Today that same ounce costs around $1300. The difference is $1270 per ounce. That difference represents the depreciation in the value of the fiat currency since 1928.
This depreciation in value called "inflation" is a reflection of increased currency supply. It's like cutting a pie into smaller and smaller pieces. If you add three trillion "dollars" to the market, you decrease the value of the remaining "dollars" by a corresponding percentage.
Today, all over the world, there are organizations claiming to be the real "United States" or "United States of America". They are busily trying to counterfeit more "US Dollars" into the world marketplace to devalue the fiat currency some more.
The actual American version of the dollar is a fixed amount of fine silver, like a cup of water or ton of lead. This "Continental Dollar" also known as the "American Silver Dollar" is just the same as it has always been and that is our actual national currency, but the various governmental services corporations calling themselves the "UNITED STATES" and "THE UNITED STATES OF AMERICA" have gone their own way and traded on our good names and on worldwide public ignorance to peddle their own private script as if it had anything to do with us and our "dollar".
Our dollar is currently worth between $13 and $20 of theirs.
The Federal Reserve Bankers who are primarily responsible for this mess hatched the plan to do this back in the 1890's. The plan was simple--- outlaw, confiscate, steal, beg, borrow, all the gold and later, all the silver they could lay hands on----and force everyone to use fiat currencies instead.
They knew that all fiat currencies ever used in the history of the world eventually implode, either by hyperinflation or hyperdeflation, and in either case, destroy themselves. So all they had to do was enforce the use of "Federal Reserve Notes" via the "Federal Reserve Act" and wait for the self-destruction to occur.
They could then come forward as the "Saviors" with gold in hand and sell it back to the grandsons and granddaughters of the people they stole it from in the first place, at hyperinflated profits.
That is what they proposed to do in 1900 and that is what they have done. Their only change in the original plan is that they have moved their base of operations to China, because the Americans finally woke up.
Every time we pay them $1300 for an ounce of gold, they make a profit of $1270. So, everytime you buy gold, you reward the rats that did this to us all. You pay the thieves handsomely for their fraud and deceit and that is a very noisome circumstance, but until we all wake up and learn better and find the means to tax these profits right back out of the vermin, that is the way it is.
I wish I could say that paying $1270 per ounce to the criminals is the worst of it. I wish I could say that this circumstance did not apply to the whole world and every currency in every country---- but it does.
"Money" is a product like any other product. Its value is driven by supply and demand market forces. As people realize what has gone on, they will feel driven to invest in gold as an insurance against the increasing devaluation of the fiat currencies. This will in turn drive up the price of gold.
If we are all stupid enough to rush headlong into shifting all our assets into gold, this whole spiral will vastly accelerate, and gold prices could skyrocket as a result. A tenth of an ounce gold coin could suddenly fetch $1000 or more on the world market based on speculation alone.
Which brings us back to Karatbars and why American States and Nations Bank is partnering with them.
The bottom line of all this is that living people will always need a way to exchange goods and services. What we have at the present time is a failing system of commercial paper and a contrived, grossly manipulated system based on precious metals. Until we all wake up and create something better and less subject to manipulation, we have to deal with what is.
My concern as a Great-Grandma is that no matter WHAT comes down the pike, American families and business must still have a means to exchange goods and services. In the chaos that could result from a total meltdown of fiat currencies, Karatbars offers some significant advantages.
The cost of repackaging gold in those tiny gram increments may indeed prove effort well-spent. If a tenth of an ounce coin goes up from $130 to $1000 in value, it will be very handy and safer for local trade purposes to have gold in the much smaller gram amounts offered by Karatbars and it will also important to have it in a form that is of a guaranteed nature, quality, and assay.
Additionally, Karatbars offers a Visa/Mastercard option and since this card is based on secured gold holdings, it will continue to work and to be accepted anywhere in the world, even when and if the lights go out on all the fiat currency systems.
Imagine for a moment that the paper in your wallet is worthless and your credit cards won't work. Now imagine that each one ounce gold coin under your mattress is worth $15,000 and try to figure out how you are going to translate that into coffee and beans---especially without being robbed.
You will see why I consider the Karatbars option an increasingly desirable one. I do not desire to profit the men responsible for this craziness one iota and I do not propose any wholesale "flight to gold" as a solution to the actual problem of dishonesty and idolatry, but I realize and you must too, that inflation is eating away the perceived value of all fiat currencies worldwide, counterfeiting is adding to this problem, and at the end of the day, decisions must be made to protect yourself and your family.
If you have been laying awake at night wondering how you are going to live when the price of a loaf of bread hits $10, if you have been fretting about having your life savings or your 401(k) confiscated by a "bail in" or worried that your Social Security check will either cease coming at all or be issued in currency that is worthless, it is time to make tracks and do something practical to moderate against such risks and potentially evil circumstances.
Setting up a Karatbars account (which is free) through our American States and Nations Bank partnership and buying even a small amount of their pre-packaged small-increment gold can help guard what resources you have against inflation and provide you with a practical means of buying bread when other options fail.
If you decide to advocate Karatbars to others, you can get a gold-backed Visa/Mastercard and help your friends and neighbors purchase a little "insurance" for themselves, even help arrange the transfer of their 401(k) holdings and other long term investment holdings--- either all or in part---- to preserve their value and put them beyond the reach of greedy government officials.
All of this can be done privately and anonymously through a proven and at this point highly reputable German company and our own American States and Nations Bank.
When you go through American States and Nations Bank to set up your Karatbars account, you recoup another unseen benefit--- Karatbars pays the bank a portion of its profits so that our Article X bank can grow and develop all the free services you have come to expect from a bank. When we can offer you free checking, free currency exchange service, interest free loans, safety deposit boxes and other traditional bank services, that allows us to compete.
It helps you and your family insure against rainy days and it helps establish that rare thing known as an honest bank trading in lawful money. Wouldn't it be grand to have an American States and Nations Bank in your state? In your community? Our partnering with Karatbars is just one way that we can move forward to establish an honest American Banking System. As we take each step, we will explain what we are doing and why, and you can decide under conditions of full disclosure whether or not participating makes sense to you.
All the arrangements for this first step should be complete in a few days and I will announce when the "Doors Are Open" and exactly how you can set up an account. All accounts are strictly private, free, and transactions remain anonymous.
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