Almost every day, new negative reports from world politics give rise to new worries. How stable is the conventional financial market, how crisis-proof are currencies such as the dollar and the euro? Dr. h.c. Seiz addresses people’s concerns in his book “Cashgold vs. Schuldwährungen” (Cashgold vs. Debt Currencies) and starts out with a look at the current political situation. The unstable banking system as well as the influence of wars or global crises on the financial market are also given a chapter of their own in his book. As author and founder, as well as CEO of Karatbars International GmbH, Dr. h.c. Seiz has a deep understanding of the financial industry and is one of the global players when it comes to value-stable alternative funds. To what extent is cash really under pressure and is there a risk that physical means of payment will be abolished? Investors and consumers are uncertain and have lost confidence in the banking and financial system. In his book Cashgold vs. Schuldwährungen (Cashgold vs. Debt Currencies), the author illuminates debt currency from all perspectives and explains the risks that arise with pure paper money that is not backed by real value. Debt currencies are nothing more than a number printed on paper based solely on a promise of a fictitious value and not on a real physical value.
The financial market is literally in a gold-rush mood. Real assets are booming and those who can, are investing their money – their debt currency – in gold bars, gold coins or “concrete gold”. However, these investments are not suitable as means of payment. The book Cashgold vs. Schuldwährungen (Cashgold vs. Debt Currencies) therefore directs the reader in a direction that shows him a revolutionary possibility for a means of payment using physical gold. Why debt currency?
When money is made out of nothing …
It is a well-known fact that the printing presses at the ECB have long been running hot and circulating money for which there is no equivalent countervalue. In Cashgold vs. Schuldwährungen (Cashgold vs. Debt Currencies), the author explains the history of debt, the elimination of the gold standard to secure money, and the danger posed by new fiat money created out of thin air. He reports on continuous mountains of debt and the loss of investor confidence in the market. Since debt currencies such as the euro or the dollar entail risks in payment transactions and in infrastructure and can be devalued by inflation overnight, today’s financial markets lack the desired security. The new market needs new confidence and a revolutionary solution, which the author and CEO of Karatbars International GmbH describes in his chapter on Cashgold. Cashgold is an innovation, it is practically a handy micro-gold bar for your trouser pocket and wallet. Before Dr. h.c. Seiz goes on to explain Cashgold, he takes the reader on a journey through time in the history of gold. Gold has always been a means of exchange and has proven its worth as a means of payment in the historical past. It is stable in value, as the author substantiates in the section on the price of gold, thus creating a further indication for the focus on Cashgold.
No debt currency will stand the test of time and prove to be a crisis-proof solution. In Cashgold vs. Schuldwährungen (Cashgold vs. Debt Currencies) Dr. h.c. Seiz presents the revolutionary means of payment of the future – Cashgold. Similar in appearance to a conventional banknote, Cashgold contains a micro-bar with 24-carat fine gold. Each note is worth just as much as the amount of gold incorporated into the carrier. This book is interesting, insightful and an eye-opener when it comes to the financial sector.