Thursday, October 1, 2015

Got Karatbars? Banks around the world are in conditions just like 2008 during the 'Lehman Moment'

Back in 2008, the entire global financial system went from stable to collapse in the course of just four days.  I remember watching an interview on CNBC on the Wednesday prior to the collapse when the CEO of Bear Stearns strongly informed the talking heads of the network that they had $26 billion in capitalization, and there was no chance of them going insolvent.

However, four days later not only did Bear Stearns cease to exist after over 100 years of being in business, but Lehman Brothers also collapsed and the people of the United States were introduced to the 'New Norm' of government intervention through bailouts, money printing, zero interest rates and a program that has yet to be implemented, Bail ins.

Yet even after this intervention led to over $30 trillion of money being spent to prop up banks, $27 trillion to buy equities in the stock markets, and currencies being devalued to protect individual exports, the world stands on the cusp of an even bigger implosion, only this time it looks like it will begin in Europe.

Three banks and commodity trading desks in Europe are quickly heading towards financial crisis, and one in particular could be the domino that knocks down banks all across the world.

Experts are beginning to warn of the dire financial impact across the mining and metals space if Glencore, one of the world's largest resource companies, is unable to control its skyrocketing debt load. 
"Glencore is like Lehman Brothers, they have the most sophisticated trading desk when it comes to metals, coal, copper, iron ore. They're not just a company processing ore from the ground. If it was to unravel, that could have a global impact," Frank Holmes, CEO and chief investment officer at U.S. Global Investors, told CNBC on Tuesday. - CNBC

Judging by what happened less than two months later, it appears that we have our answer: for now at least, Glencore, which is now flailing and which Bloomberg reported moments ago is set to meet with its bond investors tomorrow (supposedly to allay their fears of an imminent insolvency), is firmly the "answer" to our rhetorical question.  
And yet, something stinks.  
First, a quick look at Trafigura bonds reveals that the contagion from the Glencore commodity-trader collapse, which "nobody could possibly predict" two months ago and which has rapidly become the market's biggest black swan, has spread and we now have a new contender. And while Trafigura's equity is privately held, it does have publicly-traded bonds. They just cratered: - Zerohedge

Deutsche Bank
My best German source informs me that 3 major banks are in trouble, and these 3 banks are fighting every single night to fight off insolvency and failure.  He says CitiGroup in New York, Barclays in London, and Deutsche Bank in Germany- every single night are in trouble.    
The important thing to keep in mind about Deutsche Bank is that it won’t go down alone if it goes down at all.  If it fails, it will take along with it 3,4,5,6 or 10, or 15 other banks!   It will be 1 or 2 quickly, then a 3rd and 4th a few weeks later, another, then before you know it, all of Italy and their major banks would be kaput.  
My belief is that Deutsche Bank and its constant overnight risk of failure is somewhat tied to derivatives related to LIBOR, and also a risk related to their FOREX derivatives.   In other words, derivatives that the banks use to balance off the currencies. Believe it or not, in the derivatives world, gold is treated like a currency.  Isn’t that ironic? 
The FOREX derivatives that the banks are involved in are very much tied to gold. - Jim Willie, Silver Doctors Interview

In addition to Jim Willie's inside information on Deutsche Bank, analysts at the Economic Collapse Blog are also seeing the European power as a strong catalyst for the next global financial crisis, and has laid out their take on how and where it might start.

One has to wonder if this specter of 2008 occurring once again that is causing nations around the world to suddenly and without warning attempt to keep people from taking gold out of the country, especially as they seek more stable financial infrastructures to hold their wealth as the banks once again threaten to bring down the entire system.

There are limited options for the common man to protect their wealth, be prepared for whatever may come, and be fungible in whatever system or currency may emerge in the aftermath of the next collapse or paradigm shift.  And that option is in a form of money that has lasted over 5000 years, and is accepted in every single country on the planet.  And the best way to be prepared for all contingencies is through a company called 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.


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