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palaypu0406

07/31/24 10:45 AM

#10417 RE: snow #10416

I do not know how to post the worksheet here but if RD can post, that will help so discussions will become more professional Snow...
I am not saying one is dumb or advanced -- Discussing on these matters need a thorough financial understanding as it inbuilds a very intricate mathematical algorithm ..
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RealDutch

07/31/24 11:21 AM

#10419 RE: snow #10416

It is complicated even for me, Snow. I don't think anyone will benefit if I post a complicated worksheet here.

The important thing to keep in mind is that we are trading 1,000 kg of gold. The more we trade, the higher the profits, the higher the value per SIRI token. 1,000 kg is a lot. That is like $75M in inventory. We didn't have that money that is why we were planning to start with 100 kg a year ago. But now with the help of the banks (financing most of it) apparently we are doing 1,000 kg. This is news to me too.

And the gain is also dependent on the cycle rate. You know this too. Laxmi just posted what the value is for certain cycle rates. At the end of the first year. That is the important stuff.

Price Expectation $253 $114 $81 $55 $28
Inventory Cycle 3 Days 5 Days Weekly 10 Days 15 Days

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LVerstee

07/31/24 11:44 AM

#10420 RE: snow #10416

To set the base buying price for one grain of gold, they use a formula that factors in the current market price (spot price) of gold. They adjust this price slightly (by 1%) and add a small fixed amount to account for additional costs. The final price is determined by selecting the higher value from two specific calculations:

1: The adjusted spot price per grain of gold is divided by 60%, reflecting both the intrinsic value of the gold and their premium.
2: A larger fixed amount (3.85) is added to the adjusted spot price per grain.

The resulting figure becomes the base buying price, where 60% covers the actual value of the gold and 40% covers the premium. This premium compensates them for facilitating the physical trading of gold and offering investment access through their platform.

Hope that helps.