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01/06/21
12:52
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Originally posted by 1for1:
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Just another derivative scam by the sounds, not surprised to see Perth Mint venture into these woods as its just another way to profit off "golds" name basically like all crypto claims. I think any unallocated storage these days should be considered as a means of not wanting you to buy and hold the real thing (which is so scarce they need other asset classes else it would be $20000 per ounce already.. luckily the investment pool for gold is spread out on these type of synthetic / futures schemes that actual gold investment can be kept as low as possible to best suit central bankers who push fiat.
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Had a read. Sounds exactly like a derivatives product. It you don't hold it you don't own it. I would suggest some insto's or bankster's may be playing games in that space, moving away from the traditional bitcoin bubble and inflating another one.Perth Mint Gold Token price today, PMGT live marketcap, chart, and info | CoinMarketCapWhat Is PMGT? Perth Mint Gold Token (PMGT), launched in October 2018, is an ERC20 token developed and issued by Trovio. Each unit represents 1 fine troy ounce of physical gold securely stored in The Perth Mint's central bank grade vaults.PMGT is a tokenized version of GoldPass certificates issued by The Perth Mint. GoldPass is The Perth Mint‘s full-service gold investment platform that digitizes physical gold in the form of digital certificates. PMGT is tradeable on Independent Reserve, transferable peer to peer, and enables a smart contract proving your title of gold held at the Perth Mint.