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The Attraction of Physical & Digital Gold – Why Now?

Managing editor of Real Vision Roger Hirst joined Kenneth Lewis, CEO of One Gold and APMEX, to talk about why now could be an exciting time to invest in digital gold. Currently, many investors are looking at physical gold or a financial asset such as an ETF – but now could be the time to consider investing in a digital format alongside physical bullion. Why Digital Gold? Why Now? And how to play it.

Kenneth Lewis is the CEO of One Gold and APMEX. Companies that over the last 15+ years, have sold more than 130 million ounces of Gold and Silver in more than 60 countries around the world. Since opening its doors in 2000, APMEX remains one of the largest sources in the precious metals industry, providing buying, selling and educational resources.

“While much of the world has been in lockdown, financial markets have continued to operate, often with spectacular results. For investors, some of the greatest opportunities of our lifetime will unfold in the coming months and years. This is not a time to shy away from investment ideas. This is the time to embrace them and investigate their potential for our investment portfolios. We’ve asked experts from across a range of different markets about why we should invest in them and why now.

Gold is currently one of the hottest investment themes with a large number of leading institutions and high profile hedge fund managers actively engaging in this space. Central banks, particularly the US Federal Reserve, have gone into overdrive with their money printing activities. Its balance sheet has expanded at an extraordinary pace, with many estimating that it will top 10 trillion by the end of this year.

Economic uncertainty, fiscal and monetary accommodation at record levels and increasing concerns that we may see extreme forms of either inflation and deflation or both is the backdrop that should be extremely supportive of gold. But once you’ve decided to buy gold, you still need to decide what form that should take. ETF, physical or digital. Many investors want to take ownership of physical gold rather than as a financial assets such as an ETF.

I asked Kenneth Lewis, CEO of at Maxim Won Gold, about the various forms of bullion can take and in particular why digital gold is an exciting alternative and why now is the time to start thinking about a digital format alongside physical bullion. What is the attraction of physical and digital gold compared to obtaining exposure through instruments such as an ETF like the G.L. deal? Why physical, metal or digital metal?”



This post first appeared on BlockPublisher, please read the originial post: here

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The Attraction of Physical & Digital Gold – Why Now?

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