I've seen a number of articles either from the WGC or about the WGC's proposed digitization of Gold.
I even downloaded & read the WGC White Paper ( Damn heavy reading full of technical bullshit/gibberish ) which when scrutinized is just a cover for the COLLATERALIZATION OF GOLD !
The latest pushes to get " Safe Haven " Gold into the Financial Markets ( too be played with ) is to " Tokenize/Digitize " Gold. Once Gold is tokenized/Digitized it enters into the " Financial System ". The true aim of this is to suck Gold into the Financial System so that it can be " Collateralized ", then it becomes just another asset to be used & abused by the Big Market Players.
When a Financial Episode ( turns to
) occurs, ur Tokenized/Digitized/Collateralized Gold will just be another " ASSET " to be carved up to the secured creditors. U as & unsecured creditor will be left holding an empty bag
The Big Banks/Financiers/Derivatives Markets are sweeping the World looking for Collateral that they can suck into the Markets to prop up their need to keep expanding
I even downloaded & read the WGC White Paper ( Damn heavy reading full of technical bullshit/gibberish ) which when scrutinized is just a cover for the COLLATERALIZATION OF GOLD !
The latest pushes to get " Safe Haven " Gold into the Financial Markets ( too be played with ) is to " Tokenize/Digitize " Gold. Once Gold is tokenized/Digitized it enters into the " Financial System ". The true aim of this is to suck Gold into the Financial System so that it can be " Collateralized ", then it becomes just another asset to be used & abused by the Big Market Players.
When a Financial Episode ( turns to
) occurs, ur Tokenized/Digitized/Collateralized Gold will just be another " ASSET " to be carved up to the secured creditors. U as & unsecured creditor will be left holding an empty bag The Big Banks/Financiers/Derivatives Markets are sweeping the World looking for Collateral that they can suck into the Markets to prop up their need to keep expanding