Pooling Gold In London

/ The Calandra Report / By

The World Gold Council is proposing digital gold tokens for investors. See White Paper

The proposal would create Pooled Gold Interests that allow investors to own a share of physical gold stored in vaults. 
Essentially: tokens with gold values. The mechanism would permit ownership of fractional amounts of gold.

The digital gold proposal out of London comes with gold prices at or near all-time highs Monday-today.

The market for gold globally is said to be $15 trillion.

The World Gold Council on Sept. 15 released an Elton John documentary about the performer’s experience with gold — TouchedByGold.com.

— Thom Calandra

 

Thom Calandra is a writer and an investor. Research and material are meant as editorial opinion. He is not a professional investment adviser. Please do not consider his reporting as a recommendation to buy or sell securities. The Calandra Report, in its 13th year, offers a one-price, $139 yearly fee for all newcomers. Earlier subscribers keep their original cost. Sob stories listened to. No refunds after three weeks of service. Exceptions: groceries, mistaken ambitions.