International "SILK MONEY"

Dear readers,

WHEN it comes time to SELL your precious metals, SILK MONEY is the fastest and most reliable system to access your cash.
After months of planning and negotiating we have finally reached an agreement with the world’s largest and most trusted name in payment systems in order to bring you “SILK MONEY,” a one-of-a-kind precious metals backed membership payment card. Accepted around the world in multiple different currencies; CAD, USD, EUR, JPY, GBP, HKD, CHF.

ATTENTION EU citizens.

You can diversify your bank deposits through our SILK membership to protect yourself from the new "Bail-In" legislation effective January 1, 2016. Don't let the same thing happen to you as it did to the victims of Greece and Cyprus.

Inspired by The Ancient Silk Road

Silk Money is administered by Central Metals in partnership with the world's most trusted payment providers and allows you to create your very own GOLD standard, or silver standard or platinum standard or FX cash standard. We leave it up to you to decide which precious metal, or combination of metals is suitable for your situation, or if you just want CASH/CREDIT outside the mainstream banking system. Our goal is to provide you with the best possible and most reliable platform for a "medium of exchange." Silk Money enables you to perform transactions around the world under a fully insured system backed by physical precious metals stored in private vaults. There are no crypto-currencies or financial derivatives involved, just globally accepted money, settled on a trusted and proven payments platform.


For more information please contact us HERE

The Greatest Speech Ever Told

The coming Chinese "Year of the Goat" symbolizes creativity, intelligence, dependability and calmness.  Let these characteristics guide you this year and let's hope this video will inspire good changes in the world.

Sincerely,
Bosko Kacarevic

Inactive Bank Accounts Seized by Government

Link to article HERE

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The only "centsible" solution is our
 U-Vault Account.

Canada's ONLY privately insured currency vault.

Gold and Silver Financial Review 08/23 by Gold Radio Cafe | Finance Podcasts

Recorded LIVE Today at 12:00pm EST

Listen To Finance Internet Radio Stations with Gold Radio Cafe on BlogTalkRadio

Gold Money vs Paper Money

Gold Worth $40,000 Per Ounce?

Forbes

Some believe that the paper money printed by a government should be backed by real money. At a time, one could exchange one’s paper money for real money, whether gold or silver. Then, the United States government ceased exchanging paper money for gold and silver and instead issued gold certificates and silver certificates. In essence, although you can’t get gold or silver for your paper money, you can sleep well knowing that your paper money is backed by gold and silver that the United States government is holding. Then that stopped.   LINK...

A Rare Look Inside a Swiss Gold Refinery

http://www.bbc.co.uk/news/world-europe-20797917

PIMCO Calls Gold "Compelling Inflation Hedge"

Our bottom line: Given current valuations and central bank policies, we see gold as a compelling inflation hedge and store of value that is potentially superior to fiat currencies.

Read more: http://www.minyanville.com/sectors/precious-metals/articles/pimco-gold-currencies-gold-price-price/10/1/2012/id/44563#ixzz288kolaKl

Gold Moving Into The Monetary System

Mineweb
Author: Julian Phillips
Posted: Thursday , 06 Sep 2012 
If these changes are instituted, there is a danger of interference in the gold market price by the public, but on the upside not the downside. After all, it will be in the interests of the monetary system to see higher gold prices rather than lower prices that the powers-that-be appeared to want between 1985 and 2005. But they will want to see a level of stability consistent with that of currencies and other monetary assets in that situation. Their desire for this can be overwhelming, as we saw in 1933 when U.S. citizens were banned from holding most forms of gold in the interest of the nation's monetary system. It was not until 1974 that they were again permitted to do so; however, this permission came with the proviso that owning gold from then on was a "privilege, not a right" as though to warn us all that things could change again. Even though governments attempted to write gold out of the system, they made it clear that they considered gold as part of their domain.

This is a real danger and one that should not be overlooked by us all in all the nations of the world. Any government that feels it is in their interests to take their citizen's gold will do so even if it means changing their laws.   LINK...

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If you think your gold is safe in a bank vault, think again? The best solution, if it's "suitable" is at home in a safe or our private and fully insured U-Vault Account, outside the banking system.   BK

The U-Vault Account, Safer Than Money In The Bank

Recently there has been many financial institutions that have finally realized that gold is money, namely the FDIC, BIS, CME and LCH Clearnet. These institutions have either classified gold as a Tier-1 risk free asset or they have accepted gold as collateral for a loan. With that in mind consider the following:

FDIC insures cash deposits up to $250,000
(USA Bank deposit insurance)
CDIC insures cash deposits up to $100,000
(Canada Bank deposit insurance)

Gold & Silver in the U-Vault Account is insured up to $1 BILLION.
If gold is money, then where do you think it's safer to store your wealth?

Besides, FDIC is underfunded by $20 Billion.

A New Paradigm is Emerging

The "invisible hand" is losing control and humanity will succeed in freedom and liberty, as evidence the remarkable MARS landing of Curiosity. It shows the nature of human ingenuity and a new frontier in space. As in the financial world, GOLD will return as honest money as it always has. Be prepared for the new gold paradigm.   BK

The Solution is, The U-Vault Account

More and more talk about restoring Glass-Steagall and gold as a savings alternative to cash. Our Gold U-Vault Account is better than FDIC or CDIC insurance because it has practically no limit. If you deposit $1 million or $100 million in gold or silver then it's FULLY insured in the vault. Please call for more details today.   BK

China's Move into Gold and Silver Part of Global Monetary Plan

China's underlying financial policy is to sideline the U.S. dollar and build its domestic metals inventories, notably of gold and silver and using these to replace its huge dollar surpluses while prices are cheap.    LINK...

Why Gold?

Another great piece by our friends over at Thundering-Heard
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U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation.
–Ben Bernanke, Chairman, US Federal Reserve Board, from a speech in 2002

If the governments devalue the currency in order to betray all creditors, you politely call this procedure “inflation”
–George Bernard Shaw

At the end fiat money returns to its inner value – zero.
–Voltaire

Gold can make its way through the midst of guards, and break through the strongest barriers more easily than the lightning’s bolt.
–Horace

Three short segments on gold:

1. Why Did Gold Become Money?
Everyone knows that gold and silver were used as money for millenia. But those who despise gold as money, who call it the barbarous relic, who think government-created paper and electronic bits are the best money, claim that it was arbitrary that gold became money. Here is a scientific treatment of the topic, a link to a 6-minute video about why humans chose gold and silver as money versus all other substances available to them from the Periodic Table of Elements: Why Did Gold Become Money?  Continue...

No Political Will, says Frank Holmes

"Gold is Money, Everything Else is Credit." JP Morgan

So WHY is gold considered money?
By: Bosko Kacarevic

We've all heard that gold is money, but rarely does anyone explain exactly why gold is money.
In my experience I have never seen such a controversial financial topic as in the gold market. It's the only investment that disturbs bankers to the core. We never hear the financial industry down play any other investment as much as gold. We never heard them seriously criticize the Internet craze in the late nineties or the real estate craze in early 2000? But you mention gold to a banker or financial planner and they'll have a fit. WHY? Because they expect gold to produce interest and dividends like other investments, but money is NOT supposed to do this. It's supposed to be a store of value and a medium of exchange. Volatility is also another common criticizm of gold, however gold does not change, rather the currency it's being measured aginst is changing. Historically one ounce of gold will buy the similar amount of goods and services as in any time period.
The late JP Morgan himself said that "gold is money, everything else is credit." So why all the arguments about gold? After all, it has been considered wealth longer than any bank, government or stock market that has ever existed. 
So I decided to try and explain why I think gold is money. The best way to start is to define the roll of MONEY. Money, by definition is supposed to act as a medium of exchange and a store of value, so we don't have to return to the cumbersome barter system. In order for a medium of exchange to function successfully it has to be evenly divisible and consistent as a unit of measure, so when compared to other goods and services you have a uniform and consistent base to reference for prices. Gold performs in this regard perfectly because it can be purely refined to exactly one ounce or one kilogram or what ever unit of measure you require. Each unit of gold will be exactly consistent with another, so therefore it is successful in being evenly and consistently measured.  Yes of course there are many other metals and materials that can be evenly divisible but none are as rare as gold, or require as much labour and energy to produce. This was reported by the engineering department from Cambridge University and posted on this blog HERE. The fact that gold is RARE, make it valuable, just like a rare diamond or a rare piece of art. This is simple economics 101, supply and demand. Also gold cannot be counterfeit, although many have tried, none have succeeded in the art of alchemy.  Besides there are many simple ways to verify a pure gold coin or bar, you just have to take the time to test it. Also, gold cannot be CREATED out of thin air like today's electronic money and credit. The hard labour, technology, and energy going into the discovery and refining of gold is inherently built into it FOREVER and this is why gold ALWAYS has "intrinsic value."
Another important characteristic of MONEY is that it has to be a "store of value." Well, we just explained why gold has value, so what makes it STORABLE? Gold is the only material that can sit at the bottom of the ocean for 1000 years and still maintain it's original form. Gold does not rust, tarnish or corrode like many other metals so it can be easily stored in a vault, underground or at the bottom of the sea. Gold is not consumable like most other commodities so it has no real utility besides jewellery and gold lasts forever so this makes it the perfect form of wealth to be handed down from generation to generation. 
After all, Kings and Queens fought Wars to protect their gold and Central Banks around the world keep gold in reserve, WHY NOT YOU!


Below, Jim Rickards talks about some of the global issues surrounding gold as money and why it will continue to be the safe haven asset of choice by millionaire's and billionaire's alike.

"The Reason to Own Gold Never Changed." Eric Sprott

From Casey Research
An in depth interview with prominent money manager Eric Sprott.

Monetary System Will Go Gold Soon

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/14_Jim_Rickards_-_Monetary_System_Will_Go_Gold_Soon.html

On King World News, Jim Rickards talks about how we will eventually return to gold as an important part of our monetary system.   BK