preface
Calculations show that given the inflation adjustment, the current ounce price is not the highest real ounce price in history. Excluding the $ 850 inflation rate, the ounce price in 1980 would be $ 2,800 at current value. The figure that ounces must reach 38% to reach. Also, the current price of an ounce did not even reach the ceiling of $ 1921 in 2011, even without inflation. The historic ceiling for 2011 reaches $ 2,100 at current prices. Therefore, gold market analysts consider these price restrictions important in the possible trend of gold.
During the Corona epidemic, governments injected billions of dollars into the economy to mitigate the economic effects of the crisis, but the amount of funding provided by the US government was unprecedented throughout history. The US Federal Reserve, on the other hand, has recently adopted policies such as sharply lowering bank interest rates and easing lending conditions to protect the economy from the Corona crisis, but economists believe that these policies, along with the billions of dollars that the government Injected into the economy can lead to rising inflation, and rising inflation in the world means a loss of cash value.
Many capitalists seem to be worried about rising inflation. In the United States, we are expected to experience rising inflation in 2021, which is a serious crisis, and in this situation, investment in the gold market will increase. In fact, gold is a source of wealth, and capitalists will flock to the market not to make a profit but to prevent a decline in the purchasing power of their assets. The influx of people to buy gold will increase in the coming months due to rising inflation or declining purchasing power due to money printing. Meanwhile, governments are constantly printing money to fight the corona virus. While everyone is trying to buy safe havens like gold, the real problem is that protecting those assets is a challenge. Protecting gold requires safe havens, and even if we overcome this problem, the problems of converting gold into money as well as protecting assets when transferred to an exchange are very important. This is a big problem for big money.
Digital Gold will help you to overcome
Digital Gold is a token on the ETH network that has been verified for security, anonymity and speed. Each digital gold token is equivalent to 1 gram of real gold with a purity of 99.99%. The manufacturer of this token has provided safe rooms where all its gold is stored. This means reducing the cost of maintaining gold. As respects that the digital gold tokens are offered on the ETH platform, buying and selling them can be unlimited and done at a very low cost. On the other hand, no tax is levied on this sale. Transfers on the ETH network are very fast. The token also ensures that the amount of gold stored matches the amount in addition; the gold token can be converted to other types of digital currencies. This allows you to easily increase your gold volume if you are interested in trading digital currencies. You can also convert your other coins to gold when the market falls. All these activities and transactions are done easily in the ETH platform, while to keep your physical gold, you have to find a reliable source and on the other hand pay storage costs. Storing gold at home or at work also greatly increases the risk of keeping it. But with the purchase of digital gold tokens, you will be assured of the security of your gold, and the cost of maintaining your savings will be to store more gold. As you know, the more assets are protected from market fluctuations, the more valuable they will be, and you can rely on these types of assets. Gold is the best case for this purpose. And digital gold will guarantee the future of assets. Gold tokens are designed to have the stability needed to prevent asset value fluctuations. These tokens are printed at the same rate as in guaranteed gold safe rooms. The stability of the tokens creates the advantage that these tokens can even be used to convert other coins such as bitcoins and so on. Because ETH smart contracts have been used to store, distribute, and match tokens and gold reserves in secure rooms. Various wallets support this token, including Ledger wallets, My Ether Walt wallets, Trust wallets, and more. In general, any wallet in which the ETH can be held and the private key provided to the user can also be used to hold gold tokens, which makes it easier to use the tokens when cashing. Among the mentioned wallets, My Ether wallet seems to be the most suitable option. Because it provides a great user interface and helps facilitate password-based transactions. Smart contracts are also available. The gold trade also has its own problems that we cannot magnify. These problems include security, taxes, costs, order restrictions and so on. So in this case, two solutions will remain: using a third party for business or using blockchain technology. Blockchain is better because it has high security.
why you must use Digital gold?
in summry you have good reasons to invest on digital gold token because:
1 token = 1 gram of gold 99.99 purity
Low cost and no transaction fee
remaining private
100% backed by physical gold
High liquidity
road map
in below fig you can study the digital gold white paper
sourcess
Site: https://gold.storage/en/home
White paper: https://gold.storage/wp.pdf
Telegram: https://t.me/digitalgoldcoin
BTT profile: https://bitcointalk.org/index.php?action=profile;u=298521