Monday, June 24, 2019

Gold and AppleID

How do I invest in gold with the fastest transaction rates on deliveies?

I rad the trade press because the crypto world is issuing gold certificates with AppleID, bearer assets requesting gold delivery. I read the trade press because I buy blog posts anbout gols with my penny clicker, and truster 'miners' (delivery companies) (Notice the twisted metaphor takes us back to trusted gold banker).  But we have trusted delivery services for precious metals running on am online account basis, nothing more than that and it works because trusted market analysts resell trade press from trusted gold bankers with trusted relies yield digital secure collateral systems for risk equalization. Embedded, anonymous ID works wonders for personal contract management, including data access.

There are productivity improvements in moving precious metals, like portable assay machines, using complex pattern to stamp the mini-bars of precious metals. So, if my smart camera can look at a stamped mini bar it can get a good check on its condition and validity via image analysis. The precious metals dealer can facilitate over the counter exchange, minimize gold transactions in aggregate. Jewelry making will suffer lower costs, as will many delicate electronics and manufacturing.

Nothing wrong with holding precious metals as long as you know this is part of industry, not government. So its hedging effect gets a bit sticky, when stable the metals can get locked into their normal industrial use, and may not respond fast enough to hedge fiat. We just want government out of the precious metals market altogether

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