Donations being put to work in SC! Was a great visit. @Rhyno, a SC resident was a huge help. Met with lots of Reps and Senators, picked up bill sponsors. Donations still welcome!
Goldbacks are in 1/1000 Oz. Other Aurum in mg. I’d expect a Kinesis bills to be in mg to make it clearer the tie to KAU. I would likely be against labeling them as KAU. KAU is backed by lower premium bars so there will be a price/value difference. But would be cool to label them “can be...
Can’t guarantee it will be done this way but have been discussing with both Valaurum and Kinesis and that seems to be the plan. The fact UPMA already does it this way for Goldbacks shows that it can work. Also, fyi we are being careful with legislation to be inclusive of Aurum/Goldbacks as legal...
Goldbacks has on purpose normalized premiums. Ie while there is a larger manufacturing premium (percentage wise) they use the same premium on all bills. Via a robust buyback via UPMA that premium is sticky. Ie you don’t loose that premium.