I have been following this with interest to see where this coin goes.  Seems like it has gotten to the end of the line now.

Looking on the bittrex trades most of them are trading "dust".  The majority of trades are less than $5.  It looks like someone is trying to "squeeze" all they can out of this as long as they can.

If this was really backed by gold and I say "if" since I don't believe it is we should all be tripping over each other wanting to buy it and just cash out.  Why would anyone in their right mind not want to buy gold at 1/2 price?  That makes no sense, the company itself should be buying all of it up themselves since it is literally FREE money.

If someone told you that they are selling USD or EUROs for 1/2 price who would not buy?

Anyways I am not a crypto expert but got involved in this early on when I got emails from somebody...