In last night’s State of the Union message, President Obama told us Americans that the rich should be taxed more to help the middle class. In order to do this, Obama will have to raise inheritance and capital gains taxes. But in a free market, this is where investment money comes from. Less investment money means less business startups, and despite what the media wants you to think, the ONLY way out of financial disaster is jobs creation so people earn money to spend.
Businesses create these jobs, not government. But for those of us Karatbar gold owners, who are simply accumulating gold or those Karatbar affiliates building a gold business, the impact is even greater.
This plan will systematically destroy the basic life-blood of what makes a free market move forward and will result in additional pressure for the Fed to create capital out of thin air, which they’re been doing over and over again. How’s that working out? The ONLY realistic impact of this move will be the further reducing of the value of the US dollar (and maybe trigger its inevitable collapse). Got 22 minutes? Watch this:
As Financial analyst Michael Pento says, “Gold is going up in all currencies because investors are coming to this realization, or epiphany, that you cannot trust central banks. In 2008, we had the Great Recession. We had the bursting of asset bubbles. We had the bursting of the housing bubble. We had the bursting of the stock bubble. The Federal Reserve came in, and it was not only the Fed, we had central banks from across the world increase debt by 40%. 40% since 2008 on a global basis, and they took interest rates, which were already low, down to 0% and negative % and left them there for going on almost seven years. People had the audacity to believe that this was going to be a success story. They are slowly learning we have solved nothing. We have just made all the problems associated with the great recession much, much worse. As that realization unfolds, people will be flocking back into hard money, and that means gold.”
Now you know why the price of gold has been rising. Gold has been a safe haven and storage of value since the beginning of recorded time. Why would anyone think differently today? Especially since there’s a global issue with fiat paper money that will surely come to a head soon, with drastic implications for those who have ignored gold’s safety status.
That’s why it’s important for you to look into Karatbars and start exchanging some of your fiat paper money into 999.9 real gold. Karatbar gold comes in small denominations, which will make spending it a lot easier should the unspeakable happen and we are all thrust into complete economic turmoil. Trust me, no one wants that, but it can’t hurt to be on the safe side – so register for a free account today, even if you just get going with a small purchase.
If Obama gets his way and his tax plan is implemented, it’s almost a surety that our economic problems will become much worse. And remember, YOU voted for these idiots in Washington DC who have no economic knowledge whatsoever. And also remember they probably don’t even care what happens, since they “play” with a magically endless supply of other people’s money – unlike you, who have to work for it. At least with the Karatbars Gold opportunity, you’re taking control of YOUR future instead!
The pessimist complains about the wind. The optimist expects it to change. The leader adjusts the sails.