• Cindi

#60 - The Hard Truth About Karatbars

Updated: Oct 7, 2018

The Hard Truth About Karatbars - Video. (see bottom)

If anyone gets a question about Karatbars being overpriced you can share the following with them.... this essay came from a forum as an affiliate searched for an answer to a friend's objection on the price of gold vs. Karatbars: In the interest of clarifying your inadvertent misstatement, Karatbars are actually the lowest priced gold bullion in its asset class in the market. You cannot simply compare the price of a gram relative to the price of an ounce, not with this particular asset class. Other larger weight bars or coins do not in any way compare to the advantages and benefits of owning small weight gold, let alone one with all the benefits & features of Karatbars. You have to compare apples to apples. Karatbars gold is in a completely different asset class.  Also too, Gold is measured in troy ounces. There aren't 28 grams to an ounce, but rather 31.1 grams in a troy ounce. The price per ounce that we often see quoted, is the "paper price" of investment grade gold; a price that is determined by sales in multiples of as much as 100:1 of the underlying physical. In other words, if the various exchanges whether LBMA, Comex, etc. have 1 ounce, they will re-sell that same ounce to 100 different buyers raking in 100 times whatever they have determined to be the "spot price".  So if spot is $1,339 then the current true value to the bullion banker of 1 ounce of physical bullion is actually $133,900. At such a valuation, or even 1/10th that, I will be acquiring as much as I can. But here's the bottom line... GOLD is money. It always has been and always will be.  If you compare the price of a gold bar to other gold bullion in the same asset class, you will find Karatbars to be the lowest priced bullion in that asset class on the market. Karatbars also enjoy the highest buyback prices along with the most options for liquidity.  Prices fluctuate from day to day, however let's compare today's price between gold of similar asset class: Karatbars price out of pocket: 0 - 53.85 euro Karatbars preferred customer price: 0 - 52.09 euro Quantity Available: as much or as little as you want Available to 120+ countries Even if one were to pay the highest price Karatbars sells gold for, it is still less than all others. Not only is Karatbars the world's largest producer of 1 gram weights, we also have the ability to purchase as little as 1 gram, and have it delivered. Karatbars also has a K-Exchange program, and it’s Cash Gold that will facilitate using your gold to exchange for goods & services. In my opinion, Gram for Gram, NO OTHER GOLD even comes close to providing the hedge protection against the rampant global currency trends of paper money debasement than Karatbars.  I strongly encourage you and anyone else who hears about Karatbars to not dismiss it. Karatbars Facts

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