I'd go by the buy prices of GOLD and Bitcoin; it could be more accurate since the graph
may be a median. (That's something only GOLD team can tell).
So if I buy 1 GOLD for bitcoin
at the official marketplace it costs 0.00820182
BTC, which means about 53.02 USD.
A bit bigger than 51.95. And I guess that the market will adjust in time.
You are right. Chart is not what i should look at. Your calculation is much more accurate but it still looks like you can buy GOLD token with 4% discount over the bulionstar price. If its because of boulding supply much earlier when gold was cheaper than it's very nice of GOLD team that they share their profit from good trade with investors - because that's what it is.
2. I have made my research and confirmed that you actually have 19000+g of gold in the bullionstar vault, this is great. How do people who purchase your tokens confirm that they are true owners of the physical portion of the gold in your care? Any legal documents in case? These are things that settles the mind of the holders.
Fair point. That's what i'm also concerned about.