If there is a global collapse, as Max Keiser predicts, I don't know that your little plastic-wrapped gold flakes will be any good. Especially if you don't have them on hand. After all, should such a collapse occur, one wonders whether you'll be able to go online to "trade fractions of a gram" for anything.
These are very reasonable questions.
First off let me state they are not "little plastic-wrapped gold flakes" They are 1 gram ingots sealed in plastic cards, the size of credit cards, that contain numerious security features that make them tamper-proof.
Tungsten laced gold bars popped up in China, then Europe, ...and now in Manhatten. Years ago the Tungsten laced gold bars were traced based on their serial numbers and they came from the US Mint. Karatbars are non-counterfeitable and tamper-proof, but more importantly, ...they are produced by a LBMA refinery. The certification for it's weight & purity travels with the actual gold piece itself.
This is important because 24 KT 999.9 LBMA Good Delivery Gold is accepted by banks & governments
worldwide as a form of payment, and for the settlement of debts. No other gold enjoys the same level of acceptance worldwide.
As for the other half of your off-shore storage which will, supposedly, keep your "wealth" from being stolen by thieves and governments... Is that storage facility located in a country with no government?
And besides, in a case of a collapse, who guarantees you that the very people "guarding" your "wealth" won't steal it? After all, it's valuable, and amidst the chaos and confusion, who or what would stop them! And in the aftermath of a global collapse what recourse would you have against them?
If one wonders whether you'll be able to go online to trade fractions of a gram, or if the independent storage facility that is part of the World Gold Council won't simply steal your gold, ...well that is a reasonable supposition, however, the same question can be asked of cash in paper money bank accounts, as well as any other electronic trading account. Especially in light of the MF Global scandals, LIBOR, etc., skepticism is understandable. If that is someone's concern, then I would think that the solution to that would be to simply take delivery of the gold bars and store them yourself. The choice is up to you. Just like you have a choice to put your paper money in a bank, ...or stuff it in your mattress. Your gold account, your choice whether to keep it in storage, ...or take physical delivery.
And the simpler question - in the aftermath of a global collapse, like the one that you fear, what makes you think anyone would even care to trade for gold? Historically, during disasters, civil unrest, etc. the things that go up in value are the essentials of survival: clean water, food, salt, preserved meats, etc. Not shiny metals with little practical value in the aftermath of a global collapse.
I believe that an economic reset will occur, and gold will HAVE to revalue. When it does the value of karatbars goes up as well.
That means that a karatbar that previously was valued at $60 could quickly be valued at $300+ keeping pace or surpassing the rate of inflation because karatbars are not backed by gold, karatbars are GOLD. They are the highest asset class of gold, in the highest purity, ...and at the lowest price available.
What karatbars brings to the table is not simply the ability to protect the purchasing power of our money, ...but also a means of exchange using gold. With our K-Exchange centers (businesses, merchants etc who have agreed to accept karatbars as a form of payment in exchange for goods or services) popping up all over the world, those who hold karatbars, have a convenient location where they can exchange their karatbars back into cash should they find themselves with a quick need for cash, ...or a place where they can exchange those karatbars for goods or services.
Again if Max's prediction of gold rising to $7,000 oz comes to fruition, that $60 karatbar becomes valued at $300+
I realize that would be small comfort if that bottle of wine goes from $60 in Sept 2012 to $300 in 2015, however, the purchasing power of the $60 of fiat paper that you exchanged into a karatbar in 2012 will have maintained it's purchasing power.
Karatbars is NOT about making money on the buying & selling of gold. It is about creating a form of protection
using gold, which preserves the purchasing power of our money. It is in my opinion the only safe haven left standing for individuals, families & business entities to defend / protect themselves from the misguided, or improper decisions of bankers and politicians regardless of whichever party is in power.
If people are empowered with a hedge against inflation, or imminent hyperinflation, which appears guaranteed now that the Fed has announced a policy of QE to infinity, commerce does not come to a standstill during any difficult or challenging period of economic reset. Karatbars doesn't seek to compete against governments. Infact, karatbars may actually assist governments.
In the event of an economic collapse, where the paper money goes the same route as Zimbabwe currency, having a supply of transaction friendly weights of tamper-proof gold that people can exchange for goods & services means less people turning to the government for support.
As for what makes me think Gold will have any value in an economic collapse? ...it's track record for the past 6,000 yrs.
It's has proven itself to be a solid inflation free stabilizing form of exchange that in the end always wins out over any other form of currency because of it's unique qualities. Gold above all else is uniquely positioned to serve as money, and has throughout all previous episodes of economic upheavals proven itself. Fiat paper currencies have a consistent track record of their own as well... Of the 4,000 fiat paper currencies previously issued... every single one of them has gone to their true value of zero. I think it would be rather arrogant & presumptive of us to think the Federal Reserve note will somehow miraculously be any different and will somehow manage to escape the same fate as all the previous fiat paper currencies that came before it.
If food, fresh water, salt etc., go up in value, I think it's safe to say that you better have karatbars so you can afford to get more food, fresh water, salt etc.,
if when troubles occur.
This is the only post I will be making about
karatbars in this thread. This thread is about Max Keiser's prediction. Please do not try to steer it off topic.
If you'd like to know more about
karatbars, why not simply
www.ViewTheInfo.com 
