This has come up a few times and somehow people can come to the wrong conclusion but they not comparing Karatbars gold apples for apples.
What do we mean Karatbars gold ‘apples for apples’? Well if we take a Mercedes and a Ford car – the bottom line is they are both cars, BUT the reality is one costs more, is worth more, and retains its value way better than the other. Karatbars gold, gold bars, gold coins, and gold ingots are all GOLD, but they come in varying purity, weights, with or without certification all of which makes some more valuable than others.
Comparing Prices With KARATBARS Gold Bullion
The first point when comparing the price of ANY commodity is to understand that you need to do a fair comparison – what is termed an ‘apples-to-apples’ comparison. Example: if you are going to buy a pint of milk you must compare the price with other single pints of milk. You don’t go look for the best price for a GALLON of milk (which, for the sake of this example is £3) and then divide £3 by 8 pints to give you the price of a single pint of milk!! Any product purchased in bulk will generally attract volume discounts.
So of course if you are going to buy gold in ‘bulk’ then you would go find a bullion dealer who can supply larger weights. Now the reason bulk prices for gold are less per ounce is quite simple: there is more labour cost to produce several units versus one large unit, HOWEVER, the flexibility and benefits of buying small weights such as 1, 2.5 and 5 gram gold bars are significant and should be part of any gold saving strategy.
So you absolutely cannot take the ‘spot’ price of gold and divide it by 31.1 (there are roughly 31.1 grams per troy ounce of gold) to get an accurate price comparison. You must compare apples to apples and take into consideration the MANY benefits that come with owning a flexible transaction-friendly 1-gram Karatbar.
Helpful Example: Check out Bullion by Post – 1 gram of gold is generally about ¢5 more expensive than karatbars.
So is the Price of KARATBARS Gold Bullion competitive?
Well, we have just provided an example to prove that it is. With gold and silver, you will pay more for smaller weights regardless of your source, just as you pay more for 1 can of beer instead of a case of 24 cans. The more you buy, the better price you get – that just economics.
So if you want to compare apples to apples, ask a broker what their price is for a 999.9-grade 1-gram gold bullion produced by an LBMA-certified refinery? We’ll tell you now, no one can touch Karatbars gold prices! Karatbars has consistently maintained a 2 – 4% better price but here is the real kicker for your broker – can they give you FREE gold for referring others? No, we don’t think so!
Here are some other examples of price comparisons for similar quality and same currency:
Swiss PAMP Gold Bar Weight 1 gram
UBS Gold (Kinebar) Weight 1 gram
KARATBARS Gold Weight 1 gram
The Karatbars gold program is NOT for traders, it is for SAVERS and when someone asks “what does it cost“? remember that is a poverty mentality because a wealthy mentality asks “what is it worth”!
Help people to understand the following:
Most people when looking to BUY Gold, ANY gold, usually deal with RETAIL, so all they typically see or know to compare is the price. Some retail outlets may give them a special discount for a purchase, but it’s still retail without other financial rewards. When the deal is done, IT’S DONE.
So without knowing the power of Karatbars gold and all the features and benefits, they may jump to conclusions because they don’t know. For some, it may not be that important to them, but for others, they need to get the facts, and our job as Affiliates is to help them understand that Karatbars has changed how we save gold!
- Because they have NEVER been exposed to anything like this before.
- KARATBARS gold is a Category-Creator. Nobody is doing what Karatbars is doing globally.
- So LOGICALLY, without some explanation, someone may ASSUME that Karatbars is in some kind of “BAKE SALE” and simply include it with other “gold” companies.
- It’s LOGICAL…But NOT TRUE
So don’t only look at price to make an accurate, informed complete comparison? Karatbars gold has the lowest price within their gold category so make sure you compare Mercedes to Mercedes, not Ford to Mercedes (Google: kinebar grade 1 gram gold)
There are good reasons why owning a 1-gram Karatbar makes far more sense in this economy than owning a 1-ounce bar, even though the same amount of gold may be lower in price. When you get that, and work towards sharing Karatbars with everyone, over time you will join the thousands of Karatbars Affiliates who are building their personal gold reserves for FREE with the most flexible and secure currency grade gold.