Karatbars International Global Affordable Gold Money Exchange System
Karatbars International Affordable Gold Money Solution the World Has Been Looking For
Affordable Gold Money is private, independent, running parallel with monetary systems now in place worldwide. LBMA (London Bullion Market Association) is the most recognized accreditation body in gold markets in the world. Atasay astonished LBMA and crowned its brand and name (Karatbars) with LBMA’s London Gold Delivery (LGD) Certificate.
The London Bullion Market is the most important off-exchange trading center for gold and silver, and one of the major global commodity trading places in London. It states since 1919 the world market price for gold, and since 1897 the world market price for silver. Trade co-ordinates the London Bullion Market Association (LBMA).
London Bullion Market Association History
London was the first time the global center of gold trade when Moses Mocatta in 1671 sailed from Amsterdam to London to deal in gold and diamond. Mocatta & Goldsmid took his bank in 1684 on their business, ten years before the founding of the Bank of England.
1717 imposed by the English master of the mint, Sir Isaac Newton in London to a low gold price of silver and thus the “cornerstone” of the gold standard, which should have for about 200 years to come. The consequence was that in England silver gradually disappeared from circulation.
1809 NM Rothschild & Sons began trading in gold bullion and gold coins. In the Napoleonic wars, the Bank smuggled gold coins across the English Channel to finance the advance of British troops in France. Nathan Mayer Rothschild earned a fortune in the war and became the most influential financier of the British government. With the London Silver Fixing the Gold Fixing in 1897 and 1919, the market structure as it exists today. Founding members of the gold and silver Mocatta & Goldsmid Fixings, Samuel Montagu & Co. were, Pixley & Abell and Sharps & Wilkins.
On 12 September 1919 NM Rothschild & Sons took over the presidency at the Gold Fixing. Among the audience were the dealers once a day in the banking house of Rothschild, to determine supply and demand. If both are found in equilibrium, the participants lowered their British flags, and the price of gold of the day could be fixed.
The Financial Services Authority and regulated since 1987, the London Bullion MarketNach outbreak of the Second World War, joined the London gold market on 3 September 1939, the silver market came under the sole control of the Bank of England. 1946 was a partial resumption of trade silver and the silver market in 1953, was fully opened. On 22 March 1954 took place in 15 years instead of one Gold Fixing.
When the British government in November 1967, a devaluation of the pound sterling decided, then the most important reserve currency after the dollar sat at the London Bullion Market is a rush for gold. On 17 March 1968 was therefore an agreement on the division of the gold market was signed. The price one could remain free to adapt to the market, the other was fixed. Occurred after two weeks of closing on 1 April 1968 the reopening of the London Bullion Market. Since that time, there is another daily meetings to the gold price to the opening time of the U.S. stock markets again to determine.
In 1987, the London Bullion Market Association (LBMA) was established in
close consultation with the Bank of England, which was then the regulatory authority for the precious metals market. The primary regulator in the UK since the Financial Services Authority (FSA).
Since 1999 the price of silver and gold since 2004, the price is set by telephone. In April 2004, NM Rothschild & Sons pulled back after 200 years of the total commodity trade and thus also from the gold trade in London. As a basic income were lower called the Commodity Futures Trading: 1999, the commodity trade contributed 8.8 percent of total revenue for the London area of the bank, in FY 2003, the proportion was only 2.2 per cent.
Gold is money and money is a currency. Therefore gold is a form of currency, its acceptance in 194 countries, is of this world.
Many people know the importance and hedging of treasury assets in gold in recent decades has been lost. Without gold, there would be no money, because when they started to trade in gold, it was deposited in banks and evidence was obtained as a receipt for the amount of the stock. These were the first unofficial banknotes of the world. The trading of bank notes was thus born, and quickly recognized banks, such that gold deposited banknotes were playing an increasingly important role in society, and soon led the first official notes have been deposited with the gold one.
Today, the world has no money whose value is backed by gold and paper money is only one currency that has no real value.
The gold standard corresponded to the beginning of the 20th Century 1.504632 gram of gold = $ 1. Due to the compounding effect has been the gold standard in the coming years, after the introduction, is constantly changing and in 1971 abolished entirely.
Top Reasons to Exchange 4 Karatbars
- Karatbars Gold Money bars are affordable
- Karatbars Gold bars offers security & insurance to hedge against inflation
- Karatbars Gold is and will remain unimpaired, as the limited resources and are not reproducible
- Global demand for gold is higher than supply
- The purchase and sale of investment gold is exempt from VAT (Value Added Tax)
- Karatbars Gold is the security for you and your family and should exist in every household as capital protection.
Karatbars International does not charge fees on currency exchange. Accounts are easy to set up at no cost to have a look around with no fees for storage as you see fit or have it delivered to your door if that makes you feel more comfortable. The small user friendly gram size is easily affordable for everyone. A business opportunity is available with account as an Affiliate opportunity not MLM. Karatbars International is not a pyramid scheme.
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Karatbars International (formerly KB Gold) has no competitors. And also offers a no cost inflation proof business opportunity where you earn by showing/referring others to this new, fresh and different gold buying plan. Companies and non profit groups, 401c3’s, merchants, online business, & brick n mortars can set up accounts and plans with commissions coming back to company, employees, customers and members via our Karatbars K-Exchange Centers.
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