On the subject of the Karatbars combo packs offer...
And I had intended for the email I sent out two days ago to be my last but a guy who is really good with figures sent me some information that I simply had to share. The Combo Pack offer ends 25th November.
There is still some disbelief at even the possibility that an organisation could make a guarantee about the future worth of a crypto and actually mean it. That guarantee, of course, is that 100 KBC coins will be worth 1 gram of gold come 4th July 2019.
There are various reasons for that disbelief and I don't intend to go into them all here but the main one is a matter of mathematics and I can now share something with you courtesy of Malcolm (thank you sir).
Rather than break it down myself I have simply copied his email to me here:
Hi John, Thanks for the update. I have been wondering about the guarantee like some others, and I just thought I would run some really positive numbers by you for comment please. Brian McGinty's email from Monday stated :- "What I found out over the weekend is that he is currently in Africa sourcing even more gold to add to the 70,000kg he has already secured! There is a lot going on behind the scenes." So, if I understand correctly Harald has got 70,000 Kg of gold bagged for extraction from the mine(s) ? ( John - that is mu understanding)70,000 Kg = 70 Tonnes ? (John - It is)According to Forbes, India, as a typical example, currently has gold reserves of 560 Tonnes :- FORBESSo Harald has got 12.5% of the total amount of gold reserves in India - impressive ! Secondly, I understand that there are 12 Billion KBC in circulation. 12 Billion / 100 (100KBC = $40) = 120 Million lots of 100 KBC. So that's 1 gram of gold for every 100 KBC X 120 Million = 120 Million grams of gold required for the absolute element of the guarantee. 70,000 Kg - 70 Million grams, so the insurance and promissory notes would only need to cover the remaining balance of 50 million grams. (John - if of course everyone wanted to take up the offer then)That means that Harald has a 58% holding of real physical gold. Compare that to the 2% or thereabouts used in fractional reserve banking !! (John - and we trust that system seemingly without hesitation)If you agree with these figures, why don't you email them out to your list to dispel any FUD and other doubts that folks may have. I think this is a cracking good ratio, and I'm sure Harald's backers would jump at the offer of getting into bed with such a good prospect as this. What do you reckon ? p.s. If Harald's looking for a financial analyst, you can also copy him in on this email, and ask him if he wants to hire me !! - this is what we need to convince folks - hot facts !! Cheers, Malcolm
Malcolm kindly agreed to let me share this so I figured I would. I also need to add that I am not doing this to open up some lengthy debate so I will make my position on this totally clear so there is no misunderstanding.
We can all be fooled, no-one is immune to that and sometimes we suffer from a need to be right and an almost desperate need to make the right decision in life. If we are right more than 50% of the time we have done well. If not, we need to take heed.
We all need to take whatever path we feel is the best path we can see to improve and secure our own future and the future of our families and it is quite right that if you have doubts you should act on them just so long as this is not now simply "habit" and you can never see any other way.
From my perspective, I share things that I genuinely believe are good and I am not easily moved to make these sharing decisions. The fact is, I reject 95% of what I see and have done for a very long time.
I hate the idea of anyone being hurt by any financial decision they make. These are not simply words, I have been following this view for several years and, as a result there are even people getting this email that have been following me since 2003.
I will be the first to admit that sometimes, some recommendations, given time, prove to come up short of expectation but, fortunately, that doesn't happen all that often. All we can ever do, any of us, is go as far as we can to be sure. I have now met Harald, the CEO of Karatbars 3 times.
I have spent a lot of time with Brian McGinty (a big influence on my decisions about Karatbars) who, when you meet him, is as genuine as anyone you are ever going to meet and he is of much assurance to me about the aims, goals and direction of Karatbars.
Ultimately, they are in the business of getting gold into the hands of ordinary people and everything they do, ultimately, is driven by that goal. It is this aspect of karatbars that attracted me to it back in August last year when talk of their own cryptocurrency hadn't even begun.
I will leave you with this final thought on the subject of the Karatbars Combo offers. Cryptocurrency is built on, mainly, a promise of what might be - every cryptocurrency falls into that department. They all work on the principle of a promise that they will be good for you. Most of them sadly fall way short in the end.
In my opinion, here's one that might just be a game changer as, one way or another, KBC will be backed by gold and an ever increasing amount of it over time.
Any questions - send them to me at:
support@profitmagnets.com
The video of Harald making the guarantee in Miami:
That's it, I may come back to the subject of Karatbars again in the future but I will not be talking about Combo Packs any more.
John
| 
