Know Your Gold: Not All Gold Is Created Equal
Gold IS Protection. Gold IS Financial Security. Gold can NOT be wiped out by identity theft, bank failures, currency failures, or crashing stock markets. Gold is not an investment, it is REAL money. While paper money has no intrinsic value, gold does. There is a finite amount of gold . . . you can’t simply “print” more. Because of this, while the dollar loses value, gold has held its value for thousands of years.
Compared to gold, the dollar has declined 98% since the creation of the Federal Reserve Bank of New York in the USA in 1913. But it is not only the dollar that has declined in value, all major currencies have lost 97-99% against gold since 1913. Until 1971, the US dollar was backed by gold. Since Nixon abolished the gold standard, money printing started in earnest and in the last 41 years the dollar lost 98% in real terms.
Gold is honestly the ONLY true money. That being said, not all gold is created equal. The type of gold I am referring to here is, Good Delivery Currency Grade Gold, which means it is 999.9 Pure Gold Bullion produced by a reputable certified LBMA refinery. ALL Karatbars gold is 999.9 Pure Gold Bullion produced by an LBMA certified refinery.
What is LBMA? It’s the London Bullion Market Association The on-going work of the Association covers a number of areas, among them, refining standards, trading documentation and the development of good trading practices. The maintenance of the Good Delivery List, including the accreditation of new refiners and the regular retesting of listed refiners, is the most important core activity of the LBMA. LBMA refineries produce Good Delivery Gold bars which are the only grade permitted for debt settlement between nations and central banks. To learn more about the significance of this certification CLICK HERE and view the LBMA website.
What is Bullion? It’s a term that can ONLY be used to define gold bars or ingots that are officially recognized to be at least 99.5% pure and is in the form of bars or ingots rather than coins.
Most economists will tell you that less than 3% of the population have any savings in gold. The reason for that is that most people think you have to buy gold by the ounce, and most can’t afford minimum orders from Brokers. Karatbars has created a solution by providing 999.9 Pure LBMA Gold Bullion available in small increments of 1 gram, 2.5 grams and 5 grams. With Karatbars, 999.9 Pure LBMA Gold Bullion is not only affordable, but available to EVERYONE!