2.5 and 5 gram units of pure gold bullion now available from Karatbars! Karatbars has just expanded their product line to include the new 2.5 and 5 gram gold bars. All Affiliates and Customers are able to order these units as of right now. Delivery will be expected to take place within 6 weeks. As always, the 1-gram Karatbars remain available.
In a societal collapse, these small, user-friendly units could come in quite handy amidst all the bartering that historically takes place. Not only that, but an exchange of devaluing US Dollars for real gold is a GREAT way of storing wealth that will likely increase in value as time goes by.
So, what are you waiting for? I'll even complete your FREE Registration paperwork for you. Fund your FREE account whenever it's convenient, just like a Savings Account at a local bank.
Simply eMail miketummillo@me.com and provide your name. Do it now!
Will your financial condition serve you at all in the days ahead?
Sadly,
far too many Americans are trying to save for the future by placing
their money in one of the many prescribed government-approved
institutions.
Simon
Black, Publisher of Sovereign Man writes:
“If
I told you that your bank only held 1% of its customer deposits in
reserve, would you feel that your money was safe?
“If
I told you that the insurance fund which backed your bank deposit
only had enough cash to bail out 0.35% of the banking system,
would that make you feel any better?
“Probably
not. But this scam is the reality in the US banking system... and
across the West.
“As
an example, US Bancorp has $248 billion in total customer deposits
according to their most recent reporting, yet a mere $6.9 billion
in cash... roughly 2.8%.
“PNC
Bank holds just 1.8% of its customers' $248 billion deposits in
cash. And BB&T holds barely 1.0% of its customers' $131
billion deposits in cash.
“These
figures are indicative of the entire western financial system.
Banks hold a very small percentage of customer deposits in cash.
The rest is sitting in loans, bonds, and other securities of
indeterminable value-- mortgages that are still under water, shaky
commercial real estate deals, etc.
“Truth
is, nobody really knows what's on their books. Loan portfolios are
like a black box, and the liquidity structure doesn't leave a lot
of room for error.
“Think
about it. If the slightest thing goes wrong-- a spike in customer
withdrawals, a decline in bond prices or commercial real estate,
etc.-- banks simply don't have any rainy day funds set aside to
handle it.
“And
who can blame them...? The FDIC, one of the US banking system's
chief regulators, has a mere $33.0 billion reserve fund to insure
$9.3 TRILLION worth of deposits in US banks... a ratio of just
0.35%. And the FDIC is backed by the insolvent US government!
“Bottom
line, we simply can no longer afford to blithely assume that our
bank... our most intimate financial partner... is in good
financial condition.”
Truth
is, with so many manmade and natural disasters dotting today's
landscape, many believe, as I do, we'd all be better of EXCHANGING
our hard-earned money for physical gold, silver, long-term food -
things like that - than we would be trying to hang on to as many
US Dollars as we can.
Where
money is concerned, I suggest the REAL stuff and not the paper
play money we've grown used to. First, there's Junk Silver coins,
US silver coins dated before 1965. They're recognizable and
contain 90% silver. Second, small, affordable, user -friendly
1-gram units of pure gold bullion from Karatbars.
Ball's
in your court. I hope you're getting prepared.
miketummillo@me.com
Friday, February 15, 2013
No longer a Rich Man's game!
Folks, I talk to many people every day. Whenever the subject of today's dismal economy comes up (and it often does), I am glad to be able to offer them what I believe to be a very viable answer to what many experts foresee as a forthcoming economic collapse.
Sadly, far too many people hear the word "gold" and their brain seems to shut down. "Surely gold is for rich people, not people like me," they believe.
They're being deceived! Nearly a year ago, I slid a 1-gram Karatbars card into my wallet. Today, that gram of gold is now worth over $75! That tidbit of information ALONE beats the pants off everything your local bank has to offer. Besides, with a dollar devaluation projected to be coming soon to a nation near you, NOW IS THE TIME to get your hands on small, user-friendly units of 999.9% pure physical gold bullion.
NOW YOU CAN register for your FREE Karatbars account!! Though I'm 100% willing to assist, you don't need anybody's help to do this. It's just two easy steps:
STEP ONE, simply CLICK HERE for instructional video.
That's it! PLEASE use my Sponsor details in the FIRST TWO spaces labeled SPONSOR DETAILS and KARATBARS ID. Use the number 87633 in BOTH spaces. You can fund your account (exchange worthless dollars for gold) as often as you like.
The short video is VERY self-explanatory. If you like, let me know when you receive eMail verification that your information has been accepted and approved and I'll be glad to help you further or answer questions.
Talk soon... and CONGRATULATIONS!
Every blessing,
Michael Tummillo
miketummillo@me.com
Friday, January 18, 2013
As we noted earlier this month, the demand for both gold and silver 'physical' coins has been record-breaking as 2013 began. So much so, that now, after selling over 6 million silver coins in 2013 so far, the US Mint has run out of silver eagles and has suspended sales. It seems there are still a few who demand the wealth-preserving safe-haven of hard assets as the escalation of the currency wars shows no sign of abating.
How about YOU?
Authorized Purchasers,
The United States Mint has temporarily sold out of 2013 American Eagle Silver Bullion coins. As a result, sales are suspended until we can build up an inventory of these coins. Sales will resume on or about the week of January 28, 2013, via the allocation process.
Please feel free to call us if you have any questions.
Regards,
Jack A. Szczerban
Branch Chief, Precious Metals Group
Department of the Treasury
United States Mint
Have YOU exchanged YOUR worthless paper bills for Gold and Silver yet? Contact me and open your FREE Karatbars account NOW! miketummillo@me.com
Wednesday, January 16, 2013
Monday, December 31, 2012
SovereignMan.com
Date: December 31, 2012
Reporting From: Buenos Aires, Argentina
As we slide into the end of yet another year in which the nominal price of gold has posted a positive return, I thought it would be interesting to take a look back on history to get a better understanding of where we are today.
It's obvious that, for many reasons, the size of the global economy is far greater than it was decades ago. We learn in any basic economics course that, over the long run, enhanced productivity and increased technology drive long-term production gains.
Certainly, an economy can produce more widgets if you're a lean, mean, automated machine... as opposed to a blacksmith with a hammer and forge.
But there are other factors as well. Population growth. Accounting standards. And of course, the continued inflation of the currency. $1 today buys a whole lot less today than it did a century ago, so when comparing, it's important to find a better standard of measurement.
There are a number of pricing yardsticks we could use... like the cost of a New York City cinema ticket (25 cents in 1935, $20 today). But it would be awkard to calculate GDP in terms of billions of cinema tickets.
Gold is a much more appropriate (though still imperfect) long-term standard of pricing, with its history as a store of value dating back to the ancients.
With this in mind, I collected the appropriate data on gold prices, population, and GDP in the United States since 1791 and plotted GDP per capita denominated in ounces of gold. (You cansee the chart here...)
This measurement smooths out changes in economic growth due to currency inflation and changes in the population, making it much easier to compares apples to apples.
The results are rather startling. In its earliest days, US GDP per capita was a mere 2.6 ounces of gold per person per year. But this grew quickly, effectively doubling in the 20 year period from 1791 to 1811.
Most of the 19th century proved difficult for growth, as it took another seven decades (over three times as long) for GDP per capita to double again. This makes sense given that the 19th century was marked by several costly wars (War of 1812, Mexican War, Civil War, etc.)
An industrialized American economy began to take off in the 20th century; GDP doubled from 12.00 ounces of gold per capita in 1892 to 23.55 ounces of gold per capita in 1916. And by 1929, it had almost doubled again to 41.12 ounces of gold per capita.
We know what happened after that-- years of depression and economic stagnation. The economy bottomed in 1934 at 14.93 ounces of gold per capita, and then it began a multi-decade rise, peaking at 139.05 ounces of gold per capita in... 1970. This was right before Nixon closed the gold window. And the economy never touched that level again. How interesting.
Since 1970, it's been a series of peaks and troughs. The economy boomed during the 1990s, then ran out of steam quickly in the ensuring dot-com/housing/sovereign bust.
We have just ended the year at 28.40 ounces of gold per capita (based on trailing twelve month GDP data). This is an astoundingly low figure.
To put it in perspective, since the end of the Great Depression, US GDP per capita has only been under 30 ounces of gold two times-- this year, and 1980.
That's it.
In fact, the post-war average for the US economy is 72.83 ounces of gold per capita, so the economy today is an amazing 61% off this historical average.
Right now, the largest economy in the world is producing as much as it did in 1931, almost at the peak of the Great Depression. And no matter what the talking heads and politicians say, the data show that the trend is getting worse. Today's figure is worse than last year, which was worse the year before.
This trend of economic contraction goes back to 2001. Curiously, this time period also coincides with the greatest expansion of debt and the monetary base in history. Hmmm. Coincidence?
This is truly incredible. With all of our modern advances in technology and productivity, our criminal Ponzi scheme debt-based fiat monetary system is so destructive that it's turned the clock back seven decades on the economy. Mind blowing. If this doesn't scream "SYSTEM RESET", I don't know what will.
Please share this with your friends and loved ones.
