Convenience
Gold Backed Currencies (GBC) or Digital Gold Currencies (DGC) are a lot
easier and safer to trade than physical Gold. In fact, DGC's offer the
best of both worlds, as they can be bought, sold or exchanged in any
quantity from any computer connected to the Internet, any time, anywhere
in the world.
Actual
Gold
Unlike options and other gold derivatives, DGC's are a set quantity of
physical, stored, allocated physical Gold bars and bullions.
However, unlike Gold bars, coins or bullions, which can only be traded
for the whole bar, coin, or bullion price, thanks to DGC's, physical
Gold can be bought in any dollar amount, as the amount of Gold traded is
in fact the exact weight equivalent (in grams and milligrams) of the
dollar amount purchased at the time the trade takes place. Therefore,
accumulating physical Gold in any quantities at a time is not at all a
problem. Likewise, selling Gold can happen for any quantity, anytime,
anywhere.
Cost
It is cheaper to buy Gold through AnyGoldNow than buying Gold coins or
bullions.
Safety
Safety of the DGC is not an issue to the individual investor, as the
Gold bars backing your gold are kept in vaults for you. Storage fees for
DGC's are also minimal (1/12th of 1% per Month or less).
Mobility
Mobility of assets is paramount. With DGC's you can buy Gold from one
place and sell it at any other, for any currency. You can even redeem
your DGC to physical Gold and have it delivered to you in bars, coins or
bullions anywhere you want !
Privacy
Privacy is an other very important issue as well : «Digital Gold» can
be traded anonymously as DGC's have very strict privacy policies.
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