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xbullion – The Ideal Pandemic Investment

xbullion – The Ideal Pandemic Investment

15 May 2020 zipmexteam Opinions EN

When WHO declared a pandemic situation, the virus resulted in a disastrous economic meltdown that created a considerable profit void in the market. However, there was one commodity that stood almost unaffected, and despite some niggles, recovered with a zap – gold.

Prices of other commodities seem to be on a roller-coaster, and the volatility of shares is ever-increasing amidst the pandemic. Therefore, it doesn’t come as a surprise if you are one of the investors considering investing in gold as the way ahead.

Investing in Gold is a Great Option

The most obvious reason for this is the less volatile nature of gold. Yes, gold has not come out unscathed in this pandemic situation. Every asset has seen a sudden fall, so has gold. However, as a long-term investment, gold is one of the most trust-worthy commodities on the market.

The recovery in gold prices post WHO’s announcements may have been slow, but it has been steady. Also, the fall-rate with gold has been significantly lesser compared to other metals.

How the Markets Fare

Some Asian markets have seen gains since April, owing to the China PMI data, and other Asian countries are slowly recovering as well. Non-Asian countries, especially the United States and Australia, have seen a constant steadiness in the rise of rates. While investing in other commodities and coming out with gains might be tedious, investing in gold can lead to potentially better future yields.

The World Gold Council reports that, “Gold ETFs saw the highest quarterly inflows for four years amid global uncertainty and financial market volatility. Holdings of these products reached a record high of 3,185t by the end of Q1.”

The time, therefore, is now – as markets are slowly recovering but are still hard-hit, gold is at that ideal stage, where the price is just right for buying. You can think of it as a long-term investment option, a safe short-term keep, or a profitable conversion of money.

The conversion can be undertaken through selling other stocks and investing that money in gold, thus ensuring the up-and-down risky market is safer to trade, especially since intra-day trading presents even more risks at this point in time.

The Ideal Mode of Investing In Gold

Due to the global scenario of social distancing, the best way to invest in gold is to invest in digital gold – Bitcoin. Methods of investment and profit-attainment have been revolutionized since the introduction of digital assets.

Since its establishment way back in 2008, Bitcoin prices have soared. The safest bet in these times has been investing in digital assets and gold, and for a few years now, companies have sprung up that let you use either one to buy the other.

The raging debate of “which is better, investing in Gold or Bitcoin?” holds far less significance than it used to around two years ago. The new discussion has now become what digital assets to use, and why?

Some traders do not take into consideration factors such as insurance and liquidity of the currency. Zipmex has very recently partnered with xbullion to provide a platform to deal with and trade in gold tokens.

Why Zipmex xbullion?

xbullion is the first gold token in the world that is insured and audited by BDO. Zipmex has the credibility base covered, having received the coveted AUSTRAC stamp of approval. Owning xbullion gives rights to the token holder to access the physical bullion, recorded via serial range, and stored with this unique serial code assigned to each buyer. Also additionally providing insurance, audit, liquidity across the world, and ease of transferring the same.

Investing in gold tokens through xbullion ensures a secure investment in the physical bullion and maybe a direct rival to ETFs and fractionalized products and services that offer highly competitive pricing in terms of the spot price.

Another advantage is the fact that with xbullion, the management fees they procure from you is relatively much less, especially for bulk and institutional investors and traders. These benefits have already earnt the start-up Zipmex many pre-registrations of clients considering investing in gold.

Xbullion acts like a total currency, allowing for the peer-to-peer transfer of the full quantity of tokens, thus making trading with xbullion not only secure and insured but user-friendly as well.

Given the secure transfer nature of the blockchain technology, these digital bullions can be redeemed as per your requirements at any point of time for physical bullion – all you need is your identity verification and the serial number of the xbullion. This makes it an ideal digital blockchain platform for investing in gold.

Zipmex actively works with governments wherever it has branches to build and support infrastructure that allows the digital assets market to flourish. One of the co-founders, Akalarp Yimwilai, is a lawyer with ten years of experience in Finance. Thus he makes sure the company always adheres to the rules and laws of the land.

“Physical, vaulted, audited, insured, private, decentralized, redeemable”, is how the official xbullion website describes their first-of-its-kind digital currency, having covered all bases that investors look for in a digital assets that supports gold-toke-trading.

With markets still far from normal and stock prices still rocky and unpredictable, it is clear that gold is the way to go. The recovery rate after the falling prices in the first week of WHO’s announcement is a clear indication that it is as bankable an investment as it can get.

Investing in gold right now will push you well ahead of the race, more so due to the weakness of the dollar. While the US dollar may be the ideal global reserve currency, people tend to move to gold in times of crisis for that cushion of security.

Also, while the prices may move up and down a bit, neither rise nor fall will be meteoric when it comes to gold, as was witnessed in the initial days of the pandemic. The only thing that may be a problem later on is, well, regretting not investing in it.