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
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andrewsimpson@shaw.ca

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.

cryptomaniac
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cryptomaniac

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… Read More »

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