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Karatbars are an overpriced way to buy gold
syntaxmachine:
--- Quote from: 24KT on April 26, 2013, 07:39:46 PM ---"Goldie Locks" ;D Hahahaha I love it!
Don't Scream About the Upcoming Storm,
Instead, position yourself to dance in the rain!
--- End quote ---
That font is so big, how can I argue against it?!
I love rain as well, but there are a variety of cheap ways to profit during downturns which don't require buying physical objects at significantly higher than market prices, objects with no obvious connexion to inflation at all.
Chadwick The Beta:
--- Quote from: syntaxmachine on April 29, 2013, 01:00:52 PM ---That font is so big, how can I argue against it?!
I love rain as well, but there are a variety of cheap ways to profit during downturns which don't require buying physical objects at significantly higher than market prices, objects with no obvious connexion to inflation at all.
--- End quote ---
Judi/Samson thinks that arguing with her is "hate speech" ::)
pyramid scammer extraordinnaire
24KT:
--- Quote from: Vince G, CSN MFT on April 29, 2013, 10:26:45 AM ---
If that's the case, then it makes it a lot worse...it adds 3 extra ounces or about 210 dollars to the price of one ounce of gold
--- End quote ---
There's a big difference between price and value.
It's not what it costs that's important, ...the important question to ask is what is it worth?
It's worth far more than the price. As far as price goes, ...it's the lowest priced 1 gm piece in it's asset class.
You can always find cheaper gold out there, but cheaper gold isn't worth as much.
You can take two 20" gold rope chains. One is 10K gold, while the other is 18K gold. There'll be a price difference. You can't say the 18K gold chain is a rip off because you can buy a 10K for less. You're comparing two different qualities. That quality difference may not matter much when it comes to jewellry or mere pieces of adornment, but when it comes to protecting your money against currency debasement, the purity of the gold is paramount. 999.9 pure 24KT LBMA GDL gold is currency grade. It is the only type of gold recognized by gov'ts and financial institutions as good for settlement of debt. It's also the only grade of gold that gov'ts & central banks use to settle debts. That's an important factor to consider. If you're going to compare, you must compare apples to apples, because when it comes to gold, Karatbars bullion is in a superior asset class to an American Eagle or a South African Kruggerrand, or even a Canadian Maple Leaf.
24KT:
--- Quote from: syntaxmachine on April 29, 2013, 01:00:52 PM ---That font is so big, how can I argue against it?!
--- End quote ---
I've already started using my new nickname :D
--- Quote from: syntaxmachine on April 29, 2013, 01:00:52 PM ---I love rain as well, but there are a variety of cheap ways to profit during downturns which don't require buying physical objects at significantly higher than market prices, objects with no obvious connexion to inflation at all.
--- End quote ---
I think you missed where I earlier pointed out that Karatbars bullion is in fact the lowest priced bullion in it's asset class.
Not all gold is created equal. Sadly, far too many people are going to find that out a little too late. :'(
Karatbars are heads & shoulders above the rest in terms of value,
benefits and features, making karatbars the very best gold to own imo.
I put that in a larger font so you wouldn't be able to argue against it. ;) :-*
Karatbars Introductory Recorded Webcast <-- click me :D
btw, Karatbars doesn't do cheap, ...we do do economical, and we have a way for the average person to acquire currency grade gold in smaller, more economical / affordable, transaction friendly weights 1 gram at a time.
We're not looking to "make money" with gold, ...although we can make a lot of money with Karatbars.
Our program is about "saving money" using gold. It is about protecting and defending ourselves from the rampant currency debasement taking place all over the planet. No derivative paper currency is safe from the unwise decisions of politicians & governments. And thanks to the Great Cyprus Bank Robbery, we know paper currency sitting in the bank isn't safe either, so we pay ourselves first by converting paper currency into gold karatbars, and place it out of reach of insolvent banks or gov'ts willing to continue stealing from us, in order to make themselves whole . We're taking the counterfeit gold substitute issued by the Fed and turning them back into real money, 999.9 pure 24KT currency grade gold issued by Karatbars.
We still have our money, it's just in a more durable form, ...and in transaction friendly weights.
24KT:
--- Quote from: Vince G, CSN MFT on April 26, 2013, 05:55:18 AM ---I finally decided to do some research on Karatbars.....
One Karatbar is equal to 1 gram of gold.
--- End quote ---
Vince,
I would greatly appreciate it, if you would refrain from trying to represent my product.
If not out of professional courtesy, then do it out of courtesy & respect for the readers here.
You're NOT qualified to represent Karatbars, because you clearly don't know the facts.
That said, I can't believe I didn't spot the above highlighted inaccuracy before.
1 Karatbar DOES NOT EQUAL 1 gram of gold.
KaratbarsTM is a branded trade name, representing the company and grade of gold issued.
It represents 999.9 pure 24KT LBMA GDL gold with various security features & benefits
It is NOT a reference to the weight of the bullion piece.
KaratbarsTM are available in 1 gram, 2.5 gram, and 5 gram weights.
1 gram weight Karatbar
2.5 gram weight Karatbar
5 gram weight Karatbar
--- Quote from: syntaxmachine on April 30, 2013, 09:40:52 AM ---
Even if true, this doesn't affect the content of my post: it's still significantly above market price, and it's still much more expensive relative to other means of profiting during downturns.
--- End quote ---
:o Oh Nick! Have you been paying attention?
I stated the smallest denomination of KaratbarsTM, currently the 1g unit is priced between zero - 53.85 euro.
Karatbars account holders enjoy discounted pricing that can range anywhere from 3% - 100% off.
If one is paying ZERO for their KaratbarsTM, how is it still above the market price, ...significantly or otherwise?
The only other bullion that even begins to compare with KaratbarsTM is the UBS kinebarTM and their 1 gram piece is priced at 54.09 euro.
Since when is ZERO more expensive than 54.09 ???
Karatbars are without a doubt the lowest priced 1g bullion piece on the market with the highest buyback price.
UBS's 1g kinebarTM gold pieces don't even really compare to karatbarsTM when you factor in the additional benefits that come along with owning karatbarsTM, but they are the closest in terms of asset class (999.9 pure 24KT LBMA GDL hologrammed, serial numbered, certificated etc), and so the comparison is made. However, trying to compare KaratbarsTM gold bullion pieces to American Eagle or Kruggerrand coins is like trying to compare apples to oranges. It's the equivalent of comparing a 10KT twenty inch gold chain to a 18KT twenty inch gold chain of similar design. One will most definitely be priced higher than the other because one is of greater quality & purity than the other.
Let me state it another way. You can buy 2 pieces of land. Let's say they're even side by side in the same town
Lot A: A piece of land you own outright. You own the airspace above it, the mineral rights below it, and are not required to pay annual taxes on it. You can build any structure(s) you desire on it, or use the land for any purpose you desire without having to apply for building permits or be subject to zoning requirements.
Lot B: A piece of land that you are merely permitted to use in exchange for endless fees. You must pay additional fees if you want to erect any structures on this land, and you must pay additional fees to use the land for any additional purposes (provided you are even able to obtain permissions). This land has a mortgage on it. The lender can raise your mortgage interests rates whenever it wants, to whatever it wants, or foreclose at will and evict you. You do not own the airspace above it, or the mineral rights below it, and it is subject to seizure under emminent domain clauses. It is subject to annual tax assessments, determined by forces outside of your control, even if you manage to pay off the mortgage, ...any improvements you make to the land, will result in higher extortion fees payable simply for using that land, ...and if for any or whatever reason you fall behind in those annual extortion tax assessment payments that have been annually extorted from you, the land can be seized and sold right out from under you for a pittance. At the end of the day... or a 25 yr. mortgage, ...do you really own it, ...or are you for all intents & purposes just a mere tenant, a serf, subject to endless rental fees and whimsical permissions that may or may not be granted by the landlord?
Which piece of land would you prefer? Lot A or Lot B? I know which one I would prefer.
This to me is the difference between owning privately issued 999.9 pure 24KT LBMA GDL gold, recognized by gov'ts & financial institutions worldwide for settlement of debt, and owning gov't issued coins & bars of lesser purity issued by gov't owned or gov't controlled mints that are subject to counter party risk in the form of recall and/or sanctions. I want to own my gold outright, and not merely be the bearer of it, ...just as I'd want to own my land outright, and not be a mere tenant or serf.
--- Quote ---That font is too big, can't argue.
--- End quote ---
Good honeybunny, ...because I really don't like it when you argue with me. ;) :-*
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