Post
Topic
Board Economics
Topic OP
Gold, Spot, Numismatic Value, Gold Mining, and Gold Certificates Explained
by
Tokenista
on 31/10/2020, 18:17:46 UTC
The person on the left in this video is Brother Polight. Brother Polight is the head of an Organization called Nu-Covenant, which is a descendant of the Nuwapian Nation.
https://www.youtube.com/watch?v=n8umSJkT3ro

In the Video he is talking to a Nu-Covenant Member who also works with Banks and Gold Mines, they talk about how Gold Trade and Silver Trade would work in an Economic Collapse situation, if Gold and Silver were our Currency again. They talk about how Gold has Market Value (called Spot) and Numismatic Value (Collectible, Sentimental or Historical Value).

They then discuss a Gold Mine owned by Nu-Covenant and how Gold can be stored, certificates can be taken out representing the Gold, and projects can be started by showing potential investors the Gold Certificates held.