It's a regulated & new york company. PAXG is audited. Monthly third-party audits are conducted to ensure the physical gold reserves match the circulating PAXG token supply. You can gain access to insane leverage (more than options) via crypto futures if you want to trade it.
One of the use cases of where crypto and traditional finance are becoming more intertwined. USDC is another example.
This years influenza: AU Covid
Some are calling it gold fever. People who get the virus want to be near gold.
This yearning is justified because the only known cure is buying an ounce and rubbing it against your skin.
Extra points for rubbing it on your member.
I’ve trimmed my initial investment off the board already. Letting the house money ride, I think this is just the beginning of the rare earths bull market unless orange guy gets on his knees and gives Beijing whatever the fuck they want. It’s a significant amount of leverage the Chinese have, because we don’t mine/refine shit
Maybe if you looked how much energy is needed in the next 10 years and the current bottle neck for ai/datscenters you would understand . Nuclear energy is the future and micro reactors are the iPhone moment of energy .. so either you invest now and get in early or end up buying for smaller gains in the future. Even if the “bubble” pops do you think all these data centers will just disappear ?? And our country will no longer want the cheapest and best source of energy ?