My name is Steve Dobson, and I am a leader and an Affiliate with Karatbars International. Many will think that I am biased in my review because I have a relationship with Karatbars International. My intent with this review is to provide you with information so that you can make an educated decision on whether Karatbar International is a company you want to do business with.
Karatbars International GmbH
Karatbars International was founded by Harald Seiz in 2011 and its Headquarters is in Stuttgart, Germany. Like any start-up company Karatbars has experienced growing pains and is not the same company they were back in 2011. In the 80’s and 90’s Harald made a name for himself in the financial services, insurance and real estate business. In 2008 he joined a company in the precious metals industry and within seven months, he was number one in the company which was only active in Germany. Harald had a vision that was bigger than the company he was with and wanted to make gold available in small units worldwide.
GmbH – Gesellschaft mit beschrankter Haftung – is a company with limited liability or limited company. It is a legal entity in Germany governed by federal law. It is basically the same type of entity as a LLC in the United States.
What exactly is Karatbars International?
Depending upon who you ask, you will get one of several different answers.
Some will call Karatbars International a SCAM?
Those are people that don’t know the difference between a legitimate business and a SCAM.
A SCAM is when someone cons you out of your money and you get nothing in return.
With Karatbars International, you get a product of value when you exchange your paper money for 24 karat pure gold. You can sell it back to Karatbars or exchange it for paper money at any of the K-Exchange Centers in your area.
Some will call Karatbars International a Pyramid Scheme because the organization that most entrepreneurs draw to depict the type of organization you can build resembles a pyramid. It also because they don’t know what a Pyramid Scheme is.
Pyramid Schemes are illegal and are fraudulent schemes where you pay money to the person that recruits you to join, and in turn you will be paid by the people that you recruit to join. Another name for a Pyramid Scheme is a Ponzi Scheme. Bernie Madoff went to jail for running one of the biggest Ponzi Schemes ever where he took billions of dollars from people.
With Karatbars you don’t pay the person that refers you, you set up a free account where you can exchange your paper money for gold.
Karatbars International is an e-commerce business with an Affiliate Program just like Amazon, Amway, and the many other legitimate businesses with an Affiliate Program.
- Free customer accounts allow you to exchange your paper money for gold
- Gold has a 5,000+ years history as a Currency
- Free Gold Storage or Delivery to over 100 Countries
The Purity of Gold
Karatbars International specializes in the sale of small 999.9 pure 24 karat currency grade gold bars.
- 999.999 (six nines fine) The purest gold ever produced. Refined by the Perth Mint in 1957.[1][2]
- 999.99 (five nines fine) The purest type of gold currently produced; the Royal Canadian Mint regularly produces commemorative coins in this fineness quality of gold
- 999.9 (four nines fine) E.g., ordinary Canadian Gold Maple Leaf and American Buffalo coins
- 999 (24 carat, also occasionally known as three nines fine) E.g., Chinese Panda coins
- 995 The minimum allowed in Good Delivery gold bars
- 990 (two nines fine)
- 986 (Ducat fineness) Formerly used by Venetian and Holy Roman Empire mints; still in use in Austria and Hungary
- 958.3 (23 carat)
- 917 (22 carat) Historically the most widely used fineness for gold bullion coins; currently used for British Sovereigns, South African Krugerrands and American Gold Eagles
The purer the gold the more money you are going to pay for it. An example of this would be a 24 inch 10 karat gold chain would cost less than a 24 inch 24 karat gold chain.
How sound is your bank, how safe is your money?
The 9 Banks that are too big to fail have over 228 Trillion in derivative debt on their books, and make assets under their control vulnerable. This is the type of information that most don’t know about or fail to pay attention to and is another example of not putting all your eggs in one basket.
Karatbars International small bar pure gold grams gives you wealth protection by coupling your money to gold.
Karatbars International offers you the opportunity to exchange your worthless fiat currency for 999.9 pure gold bars.
Why Karatbars International?
Failed economic policies in the United States and other nations have lead to the current financial crises and some will say it started with President Nixon taking the United States off the Gold Standard on August 15, 1971.
On that mid-summer day the U.S. dollar went from being backed by gold to being a fiat currency. Since the U.S. dollar was and still is the world’s Reserve Currency, President Nixon effectively put all countries in a Fiat Currency status since all countries have the US dollar as its reserve currency.
Prior to August 15, 1971, you could take your money into a Federal Reserve Bank and be paid an equivalent amount in gold.
A fiat currency is any currency that is not backed by anything of value. As of 2013 there is not a country in the world that backs its currency; making all currencies Fiat Currencies. Since the use of currencies as a means of paying for goods and services, no Fiat Currency has survived longer than 30 years. The exception is the U.S. dollar, and it has lasted this long because the Federal Reserve keeps printing money
Karatbars International offers you the opportunity to exchange your worthless fiat currency for 999.9 pure gold bars.
There are three things you should consider when evaluating an opportunity you’re thinking about representing:
- Leadership
- A Product or Service that is in Demand
- A company that is positioned for growth
Leadership – Karatbars International has a leader that has been successful in other industries and is a visionary. Harald Seiz has the qualities that a leader should possess and has a vision to take Karatbars to all nations of the world and help people achieve financial security.
A Product or Service that is Demand – with the state of the world’s financial situation people are looking for a safe haven to protect their wealth. Gold has always been the place where people put their money when they are worried about losing their wealth. After the U.S. Housing market crash gold was trading for between $700 and $800 an ounce, within two years it was trading for $1900 an ounce. Why, people were worried about losing more of the money they had in their retirement accounts, 401k’s, IRAs, and in the stock market. Most people think that they can’t afford gold, but that’s because they believe that they have to buy it by the ounce (approximately $1300 an ounce), Karatbars specializes in selling gold in small, affordable gold bars for a very reasonable price.
These small, affordable gold bars are in demand because people want to build, protect, and preserve their wealth, and gold is the perfect product to allow them to build, protect, and preserve their wealth.
A company that is positioned for growth – Karatbars has only been in business since 2011 and is active in over 100 countries, but there are only about 100,000 active representatives and customers worldwide. Karatbars is a long way from being saturated like some of the bigger companies that have Affiliate Programs which means there is room for the company to grow and for you to grow your Karatbars International business.
Karatbars International Compensation Plan
There are seven ways to make money with Karatbars International if you chose to participate in Karatbars International’s Affiliate Program. Watch the video below to find out how you can get paid if you decide to participate as an Affiliate:
I hope that this Karatbars International Review has provided you with enough information to make an educated decision about Karatbars International.
If you would like additional information about Karatbars International click here.
Or click the banner below to open your free Karatbars account.
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Hi…im interested to join karatbars n i opened up an account with them through one of the webpage i found. Its aproved my registration but my kyc was still pending even after i download all the details n documents as required. Can you help me on that matter please. Thank you