Old time metal heads from the 1960's & 1970's......I'm not old I just started early! Always made sure to tell me to Always take physical possession of your metals! Always, otherwise what's the point, and that means holding outside of banking institutions. This is a very interesting topic.
If I take say a bag of 750 ounces of 90% and send it to these companies does that not kick into play counter party risk? Meaning my risk? If you want to speculate you do it in the futures, options and mining company's. But the future is now so we have to consider all our options.
Vince, regarding your claim of the stable coin having a cusip and not able to be used more than once..... I am willing to bet good money that defi platforms will create staking vaults where you can stake your gold-backed stable coin in exchange for a token that can then be used to stake elsewhere. It's just how it works..
Who is going to regulate Streamex? Does Streamex's many layers open the fraud windows?
Lets see they tell us Streamex will have gold to match token holdings, perhaps not?
Hi Vince.
This article is referring to Streamex is worth reading.
https://finance.yahoo.com/news/biosig-stock-surges-following-share-164200298.html
Vince, what do you think about the BRICS conference? Big nothing burger?
So how does Monetarymetals work....Who takes the risk. ?
Ready to grow your gold?
Start earning interest on gold and silver every month.
https://www.monetary-metals.com/earn-interest-on-gold-in-gold/
Is this a Ponzi ?
I was just looking at MonetaryMetals over the weekend and wondering the same. Good question.
Good Question !!
Wow! Sounds just like Bitcon.
Old time metal heads from the 1960's & 1970's......I'm not old I just started early! Always made sure to tell me to Always take physical possession of your metals! Always, otherwise what's the point, and that means holding outside of banking institutions. This is a very interesting topic.
If I take say a bag of 750 ounces of 90% and send it to these companies does that not kick into play counter party risk? Meaning my risk? If you want to speculate you do it in the futures, options and mining company's. But the future is now so we have to consider all our options.
Vince, regarding your claim of the stable coin having a cusip and not able to be used more than once..... I am willing to bet good money that defi platforms will create staking vaults where you can stake your gold-backed stable coin in exchange for a token that can then be used to stake elsewhere. It's just how it works..
https://www.armstrongeconomics.com/uncategorized/fractional-banking-v-matched-funding-2/