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They argued for a currency based entirely on tokens, with no link to an underlying physical commodity.
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But no actual trading of the physical commodity needs to take place.
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More than a physical commodity, gold is a symbol, harking back to the times when the world's monetary systems were based on it.
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These are essentially presale of the physical commodity for an upfront cash payment and a guarantee to deliver the oil or gas at future dates.
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For those of you investing directly in ETFs that track commodities like gold, oil and platinum, a word of caution: Many popular ETFs that were designed to track commodities like gold, oil and platinum may NOT be in tight lockstep with the price changes of the underlying physical commodity.
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This makes it difficult for sellers and buyers to settle futures contracts by physical delivery of the commodity rather than by cash.
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Thus, the primary focus of the strategy is the defense or protection of the physical information infrastructure and the commodity that it stores and transmits.
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Deutsche Bank AG announced this week that it planned to launch a physical rhodium ETC (Exchange Traded Commodity).
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At times, it even moves beyond just thinking about defense of physical infrastructure and information-as-commodity to address the role of information operations more broadly conceived, including PSYOPs, deception, etc.
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The former method puts a burden on the investor to store physical gold, while the latter is a play on gold rather than direct access to the commodity.
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