Gold backed commerce is now here outside of government and central bank policies

For years there has both a political and financial debate regarding a return to the gold standard, and a transition away from debt based fiat currencies.  However, because both the elites and the government have become addicted to increasing money supplies to accommodate their greed and political agendas, this argument has at best been tabled in ‘committee’, or held back from entering into a real national debate.

But as is the nature of the free markets, entrepreneurs, and men (and women) of ideas, will still seek alternative ways to conduct commerce despite the manipulations of those in power.  And while government and financial policies work hard to retain the status quo and fight against any form of gold backed money, three companies are now doing just that and allowing the common man to function in the marketplace with their own independent versions of a currency that is backed by precious metals.

Karatbars:

Started by a visionary name Harold Siez in 2011, Karatbars evolved out of the 2008 Credit Crisis as a means for consumers and savers to purchase affordable gold in 1, 2.5, and 5 gram increments.  And in addition to being able to have gold delivered or stored for free in any one of Karatbars three vaults, customers and affiliates who sign up as members can have access to an e-wallet that works just like an offshore bank account, and can purchase on their own, or receive from their commissions, a Debit Mastercard in which they can use to both purchase or liquidate gold for use in any currency deemed necessary.

And since Karatbars is incorporated under the World Trade Organization they are protected from sovereign banking laws such as FACTA and I.R.S. regulatory controls.

In addition, people can sign up for free as either a customer or affiliate, and receive commissions for recruiting others to sign up with the company.

karatbar image                Karatbars Mastercard

Bitgold:

In May of this year, Bitgold acquired Gold Money and all their affiliations to create an organization focused on providing customers an opportunity to have their finances function in a gold backed system.

We’re advancing the digital payments revolution by helping people securely acquire, store, and now spend gold with unprecedented simplicity. Accounts are free and can be opened in minutes. We provide users with a secure vault account to purchase and hold gold, the ability to make and receive instant gold payments, and a prepaid card for spending gold at traditional points of sale. Through our network of ATM’s customers can fund their accounts with local-currency. All gold is fully redeemable as 1kg Bullion Bars or 10g GoldCubes®

And like Karatbars, people can sign up for free as either a customer or affiliate and earn commissions with Bitgold for recruiting new members to the company.

gold cube         bitgold-debit-card

Euro Pacific Bank:

Well known financier and economic analyst Peter Schiff opened an offshore bank that is now functioning with the same general ideas that Karatbars and Bitgold are offering, but with one important catch.  American citizens are unable to become members of Euro Pacific Bank, and are not eligible to open an account thanks to draconian laws, regulations, and capital controls placed upon citizens of the United States.  But for those who have expatriated, or are of another nationality, this company offers people the chance to purchase gold and store if in their vaults for free, while at the same time spend this gold like money in any currency, and in real time where the monetary amount is simply subtracted from your gold holdings at the time of a transaction.

On top of these three gold backed forms of commerce is of course Bitcoin and the myriad of other crypto-currencies that are moving out from the fringes and becoming more mainstream everyday.  In fact, a former head commodities trader for J.P. Morgan chase has left the bank to become CEO of a blockchain technology company dedicated towards electronic finance in the new paradigm that is emerging in the world of crypto currencies.

Thanks to technology and innovation, the world no longer needs to simply wait for programs and policies of governments and central banks to provide direction in how commerce is performed in both a micro and macro environment.  And with the BRICS and other Eastern economies seeking to disconnect from the dollar, and move towards a return to a gold standard in some fashion, having the ability as an individual to not only protect your savings and wealth, but to also transact commerce in the new emerging financial system that is here and now, may be your best alternative to what is both occurring, and coming soon, to fiat currencies as they rush headlong into massive devaluation and collapse.

Kenneth Schortgen Jr is a writer for Secretsofthefed.comExaminer.com, Roguemoney.net, and To the Death Media, and hosts the popular web blog, The Daily Economist. Ken can also be heard Wednesday afternoons giving an weekly economic report on the Angel Clark radio show.

HERE IS A LIST OF EVERY SINGLE TIME OBAMA COMMITTED AN IMPEACHABLE OFFENSE THAT DEMS & MEDIA COVERED UP “Impeach!” It’s been more than eight years since Democrats uttered that word – long enough for anyone to wonder if it was still in their vocabulary, considering the deafening silence through the dozens of serious scandals during President Obama’s administration – but now that President Trump is the man in the White House, it’s back with a vengeance. . . Democrats everywhere are wildly slinging the “I” word, hoping to nail Trump for high crimes and misdemeanors after the New York Times claimed a memo written by former FBI Director James Comey said the president urged him to end the federal investigation into former national security adviser Michael Flynn. . . Some members of Congress are getting in on the action. They include Reps. Maxine Water, D-Calif., and Al Green, D-Texas. Even a Republican, Rep. Justin Amash, claimed Wednesday there are grounds to impeach President Trump. House Oversign Committee Chair Rep. Jason Chaffetz, R-Utah, asked for the alleged Comey memo and other documents. Chaffetz tweeted that he is prepared to subpoena the information. And Sen. John McCain, R-Ariz., invoked “Watergate.” . . Now the Democratic Party is reportedly poll testing impeachment as a 2018 election issue. More than 1 million people signed a petition calling on Congress to impeach Trump. . . Wasting no time Wednesday, the mainstream media sprang into action, enthusiastically echoing the left’s impeachment calls. MSNBC launched a Watergate ad implying Trump is America’s new Richard Nixon. . . “Watergate. We know its name because there were reporters who never stopped asking questions,” says MSNBC host Chris Hayes, who hinted that Trump is next on the impeachment chopping block. “Now, who knows where the questions will take us. But I know this: I’m not going to stop asking them.” . . Meanwhile, some overzealous members of the left plastered fliers around Washington, D.C., demanding all White House staffers resign Wednesday. . . The posters read: “If you work for this White House you are complicit in hate-mongering, lies, corrupt taking of Americans’ tax money via self-dealing and emoluments, and quite possibly federal crimes and treason. Also, any wars will be on your soul. … Resign now.” . . But constitutional scholar Jonathan Turley, who voted for President Obama, warned “impeachment” enthusiasts not to get ahead of themselves with President Trump. Why? . . At this time, there’s no evidence Trump actually committed a crime. . . “The criminal code demands more than what Comey reportedly describes in his memo,” Turley wrote in a May 17 opinion piece posted at the Hill. Turley explained: . . For the first time, the Comey memo pushes the litany of controversies surrounding Trump into the scope of the United States criminal code. . . However, if this is food for obstruction of justice, it is still an awfully thin soup. Some commentators seem to be alleging criminal conduct in office or calling for impeachment before Trump completed the words of his inaugural oath of office. Not surprising, within minutes of the New York Times report, the response was a chorus of breathless “gotcha” announcements. But this memo is neither the Pentagon Papers nor the Watergate tapes. Indeed, it raises as many questions for Comey as it does Trump in terms of the alleged underlying conduct. . . A good place to start would be with the federal law, specifically 18 U.S.C. 1503. The criminal code demands more than what Comey reportedly describes in his memo. There are dozens of different variations of obstruction charges ranging from threatening witnesses to influencing jurors. None would fit this case. That leaves the omnibus provision on attempts to interfere with the “due administration of justice.” . . However, that still leaves the need to show that the effort was to influence “corruptly” when Trump could say that he did little but express concern for a longtime associate. The term “corruptly” is actually defined differently under the various obstruction provisions, but it often involves a showing that someone acted “with the intent to secure an unlawful benefit for oneself or another.” Encouraging leniency or advocating for an associate is improper but not necessarily seeking an unlawful benefit for him. . . -Obama’s Iran nuke deal -Obama knew about Hillary’s private email server -Obama IRS targets conservatives -Obama’s DOJ spies on AP reporters -Obamacare & Obama’s false promises -Illegal-alien amnesty by executive order -Benghazi-gate -Operation Fast & Furious -5 Taliban leaders for Bergdahl -Extortion 17 -‘Recess ‘ appointments – when Senate was in session -Appointment of ‘czars’ without Senate approval -Suing Arizona for enforcing federal law -Refusal to defend Defense of Marriage Act -Illegally conducting war against Libya -NSA: Spying on Americans -Muslim Brotherhood ties -Miriam Carey -Birth certificate -Executive orders -Solyndra and the lost $535 million -Egypt -Cap & Trade: When in doubt, bypass Congress -Refusal to prosecute New Black Panthers -Obama’s U.S. citizen ‘hit list’