Many people are faced with a fundamental question when it comes to cash-independent investments. Currently, real estate is booming, although valuations for houses have long since shot through the roof, far beyond the property’s real value. The author of the book Cashgold vs. Diamanten und Immobilien (Cashgold vs. Diamonds and Real Estate), Dr. h.c. Harald Seiz, illuminates the topic from various perspectives. In addition to focusing on real estate, his book also focuses on the benefits and risks of investing in diamonds. Even if the diamond is safe as a financial investment due to its rarity and popularity, investors have to reckon with problems that should not be underestimated. Authenticity, but also the fair mining of the diamonds are aspects which, in addition to the historical effects of the diamond trade, is dealt with in the book “Cashgold vs. Diamanten und Immobilien”(Cashgold vs. Diamonds and Real Estate). When viewed as a crisis currency, diamonds are only of limited suitability because they are hardly ever appropriate as a regular means of payment. Real estate shares the same fate. Buyers who opt for real estate property as a capital investment accept expensive financing and have to face excessive bureaucracy. Since money is becoming increasingly scarce among the population, an investment is uncertain due to a lack of rental payments and the associated risk. In the past, the consequences of the overvaluation of the real estate market could be clearly observed in the United States. In Cashgold vs. Diamanten und Immobilien (Cashgold vs. Diamonds and Real Estate) Dr. h.c. Harald Seiz sees a similar situation in Germany and expects a real estate bubble in the very near future.
Physical values, but in tailor-made denominations are on the rise
The extent to which real estate and diamonds represent security certainly depends on the individual case. In his book, “Cashgold vs. Diamanten und Immobilien” (Cashgold vs. Diamonds and Real Estate), Dr. Seiz addresses real estate for owner-occupiers as a safe and forward-looking purchase. However, it should also be noted here that the purchase of real estate cannot be financed by everyone. A safe investment should not depend on financial background or credit. Cashgold offers several advantages, as the author writes and explains in his book “Cashgold vs. Diamanten und Immobilien” (Cashgold vs. Diamonds and Real Estate”). Before he discusses microcurrency as a solution to investment and as a secure means of payment, he briefly digresses into the history of gold and Karatbars International GmbH. From this perspective, he leads directly to Cashgold that Karatbars International GmbH has introduced to the market as a value-stable means of payment designed with genuine gold. Neither real estate, nor diamonds, nor cash can exhibit such value stability. Cashgold is practically a banknote, but it has a special feature. In the book Cashgold vs. Diamanten und Immobilien (Cashgold vs. Diamonds and Real Estate), Harald Seiz goes into more detail about this special feature and describes in detail how each banknote is filled with a certain amount of 24 carat fine gold. Cashgold is more than a number printed on paper, although it is a valid and in the future certainly very important means of payment at an international level. Demand is already high, says the author in his book Cashgold vs. Diamanten und Immobilien (Cashgold vs. Diamonds and Real Estate). This comes as no surprise, since gold is one of the precious metals that was used in the past for payment as well as a hedge in times of crisis.
The financial market, as well as the real estate industry and the diamond trade, are all truly less than suitable in this respect. Banks have lost the confidence of their customers, real estate buyers have to expect up to 30% overvalued properties. Those who invest in diamonds rarely have the guarantee that they are not blood diamonds. A further point is the cost.
This is not the case with Cashgold, since every interested party can purchase his micro currency in the preferred denomination and quantity. The book “Cashgold vs. Diamanten und Immobilien” (Cashgold vs. Diamonds and Real Estate) presents a new perspective, which however continues to focus on tangible assets.