Best time to start a new Karatbars gold business
Whenever the financial situation in the world looks gloomy, the price of gold tends to take a leap. Uncertainty in the markets at present is mainly due to the fact that inflation is once again moving upwards.
Ronald-Peter Stoeferle, joint manager at the Swiss company Incrementum AG says that gold has not traded so high ($1400/ounce) since September 2013 and could hit highs of up to $1500/ounce later this year. Gold prices saw a drop during the last quarter of 2016 but have risen steadily since the beginning of 2017. Stoeferle manages 30m SF in the Incrementum Inflation Diversifier Fund, which started in 2014.
The inflation risk has its roots in fears that Donald Trump will be unable to complete his election agenda, coupled with European uncertainties about Brexit which was initiated today, March 29 2017 by UK Prime Minister, Teresa May.
It isn't a universal view though, some forecasters only have it as high as an average $1230 across the whole of 2017 so it would be wise to keep checking the actual response to current inflation, especially if you are planning to buy.
Where it takes time for bank based savings products to respond to the market, gold will react more sharply to the economic climate.
The average person usually does not have easy access to a gold market other than by buying 'investment jewellery', as bullion dealers typically require a large minimum process.
Karatbars allows purchases as small as 1gram at a time, conveniently set into a 'credit card'. There is a buyback system in place when you wish to withdraw and you need not worry about security in your own home. Karatbars will also hold your gold savings if you wish. There are also 2.5g and 5g variants of the basic cards.
An additional feature is the collectors card range which grows all the time. The latest collectors item is a card celebrating the most famous motor race in the world, the Monaco Grand Prix.
Another new interesting product recently released is a paper currency with the gold insert, again this comes in 1g, 2.5g and 5g variants.
As a business, Karatbars is going from strength to strength, allowing the affiliate partner to add both customers and new affiliates to their business group and to buy into higher commission rates and a wider earning potential via the package system.
Unlike many product based businesses of this type, there are NO monthly purchase requirements for the individual but the low start point for gold products makes it possible for even the most modest saver to get started.
FIND OUT MORE ABOUT STARTING A KARATBARS BUSINESS OR SAVING WITH GOLD
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