The brand-new book entitled “Cashgold vs. Diamanten und Immobilien” (Cashgold vs. Diamonds and Real Estate) by Dr. h.c. Harald Seiz, CEO and founder of Karatbars International GmbH, is a book that advises you to do some serious thinking. The financial market is volatile, real estate is overvalued and diamonds as an investment are only suitable to a limited extent. Nevertheless, it cannot be denied that more and more investors are looking for a safe haven and are investing their money in tangible assets. Since real estate and diamonds are among the most frequently chosen forms of investment, the author has chosen to give his book the title “Cashgold vs. Diamanten und Immobilien” (Cashgold vs. Diamonds and Real Estate). Cashgold is a means of payment that was developed and introduced to the market by Karatbars International GmbH. What this gold-based and gold-containing means of payment is really about is explained by the author at the end of the book. In his introduction, Dr. h.c. Harald Seiz looks at the current state of affairs from a global perspective, as well as the imminent uncertainties with regard to the financial market. He describes the lack of confidence in banks and the general and widespread concern that cash will no longer play a role in the future. The infrastructure and the economy are also unstable, so that crises are inevitable and global business can no longer be imagined without them. It is here in “Cashgold vs. Diamonds und Real Estate” (Cashgold vs. Diamonds and Real Estate) that he suggests diamonds as an alternative and as an investment option in times of crisis. He touches on the history of gemstones and the diamond trade and writes an extensive chapter about genuine and fake diamonds. He then goes on to provide advice on whether diamonds are a suitable investment and whether they can provide security even in times of crisis. In the second part of his book, “Cashgold vs. Diamanten und Immobilien” (Cashgold vs. Diamonds and Real Estate), Dr. h.c. Harald Seiz, deals with the real estate industry.
Real estate investments – worthwhile or a risky business?
Among all tangible assets, real estate is currently in very high demand. Why is the real estate market booming and why are people taking out loans to invest in real estate, exposing themselves to the uncertainties of the market? In Cashgold vs. Diamanten und Immobilien (Cashgold vs. Diamonds and Real Estate) the author describes the pitfalls of real estate, the uncertainty of rental payments and the associated risks for the investor, but also the bureaucracy involved in the acquisition of property. In “Cashgold vs. Diamanten und Immobilien” (Cashgold vs. Diamonds and Real Estate), he writes about overvalued real estate prices and the problems associated with the rise of a property bubble. Although industry experts are not currently anticipating that the real estate bubble will burst, Seiz assumes that the real estate market in Germany has long been facing a serious problem. In the United States, we have seen how quickly a property worth millions can lose its value and lead its owner to financial ruin. Another point is the problem that most real estate is financed on credit and thus paid for out of fiat money. This factor has a lasting effect on the risk of the occurrence of a real estate bubble, which is why it is explained in more detail in “Cashgold vs. Diamanten und Immobilien” (Cashgold vs. Diamonds and Real Estate). In the book “Cashgold vs. Diamanten und Immobilien” (Cashgold vs. Diamonds and Real Estate), the real estate section directly leads to the section with information on Cashgold as a means of payment.
Cashgold – Value stability and means of payment with real gold
Gold bars and coins tend to be rather unsuitable for regular payment transactions. In his book, “Cashgold vs. Diamanten und Immobilien” (Cashgold vs. Diamonds and Real Estate), Harald Seiz advocates the micro-currency Cashgold that he has developed. What is Cashgold? This question is answered extensively, as is the history of micro-currency and Karatbars International GmbH. Dr. Seiz describes Cashgold as a means of payment whose value remains stable solely due to the integrated 24 carat gold in the banknote. Conventional cash currencies are only paper with an imprint. Cashgold contains gold and is therefore the only currency to date, whose value cannot diminish and can fall to zero in the wake of inflation.