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jinbi joj - Dividends From Gold – It’s Now Possible Using Jinbi Token

Dividends From Gold – It’s Now Possible Using Jinbi Token

Dividends From Gold – It’s Now Possible Using Jinbi Token


jinbi joj 760x400 - Dividends From Gold – It’s Now Possible Using Jinbi Token
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

Ever since the birth of society, gold has always been an important part of how the world works.

Global history tells a narrative of how gold has always been the main antagonist and centrepoint of most conflict, development and power dynamic of what runs the world. As they say, the golden rule is he who has the gold makes the rules.

Ever since the 11th Century in China, civilizations have slowly been moving away from gold, to modern currencies.

Currency was almost always gold backed, or had its value tied to some other precious metal. It began as a promissory note so that when exchanged, whoever received the note could then trade it in for a fixed amount of gold at the bank. This saved the need for carrying around gold which would be burdensome as well as a great security risk.

A New Type of Money

The US dollar was totally removed from the gold standard by 1971. It’s a complex maneuver that was designed to help with economic stimulation during times of recession. One thing that it did achieve however, was that holders of US dollars no longer had any fixed entitlement.

The dollar which had always functioned in the same manner as a promissory note for a fixed entitlement of gold. Now that the dollar had no anchoring, underlying asset attached to it, the dynamics of holding it long term changed. Possibilities for hyper-inflation, over printing of notes by the reserve and many other forms of devaluation were now possible for the dollar.

While its flexibility as a means of exchange and stimulus for economic growth had grown, the dollar was no longer valuable to hold as an asset. With all countries around the world moving away from the gold standard, global and domestic macroeconomics started to grow complex.

Gold has remained the world’s most consistent and most sought after resource but the dynamics around its use have changed. One of the fundamental principles of macroeconomics is that the price of gold tends to increase overall in the long term but trends downwards in terms of high economic growth and increases during downturns

Because of gold’s stability and lack of reliance upon other economic factors, people tend to purchase it during times of economic uncertainty to avoid other less stable markets, driving its price up during recessions.

Gold Can be a Bit Useless?

So if gold is such a wonderful asset due to its stability, long term growth and counter-cyclical market movements, why isn’t it more popular as an investment?

Gold is fundamentally used a safe form of security during times when other markets can’t be expected to perform well or consistently. It’s one of the greatest assets available, possibly the best in the world though it is a very poor speculative investment due to its stability.

The same reason that make gold a very viable long term prospect, make it rather dull in the short term. At least with most shares, the owner can collect annual dividends where gold owners can’t.

Until now that is.

Dividends With Jinbi

The reason you can’t collect dividends from owning gold is startlingly simple. Bullion don’t tend to multiply inside the vault.

This is one of the primary areas where Jinbi differs from simply owning gold

Owning Jinbi tokens involves you in the entire process. Jinbi holds off-take agreements with the original facilities where the gold is mined. They then have agreements with Kaloti and PAMP, two of the world’s most renowned gold refineries. From there, arrangements with logistics and secured storage providers take over where the gold is then annually audited for quantity and quality by Bureau Veritas.

When you buy gold conventionally, it has already gone through all of the above channels with price markups at every step before it then goes on to wholesalers and resellers. Buying gold retail comes at a significantly higher cost.

Jinbi tokens go well beyond just providing the means of buying gold at reasonable rates. Due to the nature of ICO’s, token sales and the like, token purchasers are also buying into the business as if they were buying shares in a publicly listed company.

Jinbi is designed in such a way that there can be some upwards volatility in price due to speculation on the company’s profits, though down size risk is eliminated beyond the price of gold relative to each token. For example, if a token was attached to $10 worth of gold, it will always remain at that minimum price because if it fell any lower, traders would purchase it for an instant profit.

With this sort of business activity occurring, Jinbi uses the liquidity for purchasing further amounts of gold and refining their business contracts to larger, more competitive quantities. When this occurs, the additional gold is added to the value of each token and token holders will receive annual dividends.

There is a basic criteria that has to be met for these events to occur. The first 100,000 ounces has to be bought, refined and tokenized and the first payouts are expected in the first quarter of 2019.

Assuming Jinbi meet their intended criteria for initial tokens sold, it is expected that production targets will be met fairly quickly.

Real Gold Dividends

The amazing thing about Jinbi dividends is that they;re are real dividends of gold, not just the monetary equivalents. Owners can elect to receive them as additional tokens, physical gold or for their gold to be sold at the market rate and to receive cash instead.

Gold has never been so flexible as to not only have dividends, but to also be able to elect whether you want cash, tokens or gold.

https://t.me/JinbiTokenOfficial

https://jinbitoken.io/

https://ico.jinbitoken.io/

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