The value of digital gold backed by deliverable, legal tender physical gold is worth a lot more than the same weight in gold nuggets.
Last night in a live broadcast with Connie Willis on Blue Rock Talk I found myself giving a little tutorial on how we layer value onto a digital gold product that can sell for more than the "spot price" of Gold. It all takes place in 5 minutes between the time tags of 32:00 min and 37:29 min in the video.
In the video clip I explain how value increases as you layer on refinements to a gold product from:
- raw gold in the ground
- nuggets of unstructured gold of unknown weight and purity
- plain blanks of gold of known weight and purity
- blanks stamped with an official government brand - like the US Gold Eagle
- custom artistic medallions with additional branding value
- all of the above made digitally transportable to anyone in the world in three seconds with all the legal work done to make it have favorable tax treatment associated with legal tender.
Check it out at quintric.com