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So i noticed this the other day when looking at currency options XAU is there.
not that this is something that would be of any use to me, but I was curious how this works exactly?
is this just a pricing in gold for anyone curious, if so, is there a point since there are no offers for it and, as far as i know, you wouldn't be able to do any kind of commodity transfer?
How? Simple.
  • take a tungsten or lead bar
  • cover it in a thin level of gold
  • send it in a nice package and with a fake certificate.
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you will receive your fake gold bar in the mail in 3 - 6 weeks
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I think you can input all kinds of currencies, but there's very few that actually have offers (USD, EUR, Brazilian Real, and a few others).
Maybe post a question on the telegram channel, or the Simplex chat channel, see what people have to say...
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yeah, I see most liquidity in the usual suspects; it's just a surprise to see xau in there. ill have a look on simplex too
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That's Gold Tether I guess.
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