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NotRichYet2

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NotRichYet2

Re: None

Monday, 03/29/2021 9:05:41 AM

Monday, March 29, 2021 9:05:41 AM

Post# of 106268
Anybody "KNOW" what mines get paid for the actual physical GOLD they produce ? Doubt they get paid the current SPOT PRICE.
Reason for the question is that if the demand for these gold tokens stays higher than what the AABBG mine can produce than the only way to meet that demand would be for the company to BUY PHYSICAL GOLD on the open marker or from a different producer to meet demand. That way they would not miss out on any 2% transaction fees
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