What Digitization Means for Gold Ownership

Fergus Hodgson, June 10, 2019 rss iTunes SoundCloud-logo Bitchute


Gold as physical money has withstood the test of time, but does it have a future in an increasingly digital world?

Kenneth Lewis, CEO of OneGold and ApMex, one of the world’s leading online dealers of precious metals, has no doubt. Websites and apps are making it easier than ever to hold gold. He even foresees the end of credit cards as we know them.

Be it through direct ownership, vaults, or ETFs, he argues that any kind of metals exposure is a useful portfolio diversification strategy.

gold digitization

Soon there will be debit cards and other financial products allowing owners of gold to use it in transactions. (Pexels)

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Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.