Digital gold as an object of your investments

When people look for an object of investments, they need to take into account different factors in order not to make a mistake with such choice. Investors can choose perspective but dangerous actives that can bring fast profit to you, but it can also lose its cost in the same fast way. But people can use also more reliable actives that were checked with time. One of such actives is gold.

The history of gold has been interwoven into cultures of different nations for many years. Coins that contained gold were started to use about 800 B.C. And 300 years later, the first pure gold coins were struck. It was in the times when King Croesus was the political leader of Lydia.

Nowadays we have different kinds of money in the world. And new kinds of money also use the advantages of backing by physical gold. Today you can use digital gold for investments. Let’s see what advantages of investments in gold we have in a modern world, and what positive features investments exactly in digital gold have.

What are reasons to invest in gold?

People investing in gold do it in according with different reasons. Here are some of them.

Inflation hedge. Gold has been really good hedge against inflation from ancient times. The price of this active rises when the cost of living increases. In addition, gold represents a good store of value. People tend to purchase gold when they worry about the lost of value of their national currency.

Deflation protection. Deflation represents a period where prices decrease, and at the same time business activity slows and excessive debt results in an economic decline. During such processes, the relative purchasing power of gold can soar when the cost of other actives decreases abruptly. It is easy to explain: people strive to hoard cash, and gold represents the safest active to hold cash.

Geopolitical uncertainty. The periods when world tensions rise can influence on different investments in a negative way. But gold can save its cost during not only financial uncertainty, but also geopolitical uncertainty.

Supply constraints. The selling of gold by global central banks decreased much in 2008. And the production of new gold from mines started to decline since 2000. Reduction in the supply of gold provokes the rise of gold prices that makes it an excellent object of investments.

Portfolio diversification. Diversification supposes the choice of investments which are not closely correlated to one another. Gold stands out from other actives because it has a negative correlation to stocks and similar financial instruments.

What are the advantages of digital gold?

Project Digital Gold offers people an opportunity to store, buy, sell or transfer investment grade gold. In order to use such opportunities, you need to buy GOLD Ethereum-based ERC-20 tokens which are 100% backed by physical gold stored. Every token equals to 1 gram of gold (99.99% fine). You can check amount of physical gold stored here at any moment. And you can purchase or redeem GOLD tokens here.

Here are some advantages of buying GOLD tokens:

Low costs and absence of transfer fees. You don’t have to pay transaction fees while making payments in GOLD. Service costs can be compared to storing gold at a depository or bank or even lower.

Secure. Thanks to the fact that tokens are backed by physical gold, you can forget about anxiety connected with the future of this active. Additionally, the insurance covers different risks at full replacements. The insurance is provided by Chubb Insurance. It is one of the world’s greatest insurance specie underwriters.

High liquidity. The liquidity of this active is exceptional. You can buy or sell GOLD tokens at any moment at the website or partner exchanges.

Privacy-conscious. You can purchase and commit different operations with GOLD tokens without demonstrating your personal data. It is a serious advantage in comparison with the purchase of physical gold when you have to disclose your personal information and comply with local regulations that differ from place to place.

Links to the resources connected with Digital Gold:

Website: https://gold.storage/

Twitter: https://twitter.com/gold_erc20

Telegram: https://t.me/digitalgoldcoin

White paper: https://gold.storage/wp.pdf

The article was written and published by Arcadio707 (https://bitcointalk.org/index.php?action=profile;u=2426003)