written by reader Casey’s Gold

By magicweaver, December 15, 2018

I saw a teaser for Casey’s Gold. It is a crypto currency backed by gold. Any idea which of the gold backed coins this is?

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andrewsimpson@shaw.ca
Irregular
September 11, 2019 1:31 pm

saw an article today promoting this but with a price tag of nearly 2,000 dollars to Crisis investing it’s a little rich to get the answer. If someone is already subscribing to this newsletter perhaps they could give us a clue.

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cryptomaniac
Member
cryptomaniac
September 23, 2019 9:38 pm

Not a subscriber, but after browsing the cryptos listed on goldscape.net (link below) it could be Digix Gold Token (DGX) and its companion governance token DGD.
– Digix web site cites fabricators Metalor, Valcambi and PAMP all based in southern Switzerland
– DGX is backed by 1 gm gold custodied in Singapore which does not report directly to the IRS under FATCA (but does report indirectly under an IRAS
– DGD pays out a quarterly distribution, but US citizens are not eligible to participate in governance
– DGX runs on an Ethereum blockchain which is 40-50% faster than the bitcoin blockchain
– DGX/DGD are not listed on major exchanges, but DGX can be purchased directly from Digix. DGX is also available on Livecoin, Hotbit, Bitfinex, Kryptono and Tokocrypto although Livecoin may be the only one to allow US customers. DGD is available on Binance (but not Binance.US), AOFEX, Coinbene, VinDAX, Huobi Global (again, not US), OKEx and WhiteBIT. Not sure which if any of those allow US customers, but you can find links to them at coincodex.com and do your own due diligence.

– cc
www dot goldscape dot net gold-blog/gold-backed-cryptocurrency

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