mBridge / UNIT Vaults Will Store Serialized Gold Kilo Bars. No re-hypothecation allowed.

Here is the 50 page project MBridge document on the Hong Kong government website.

• mBridge/UNIT vaults will store serialized gold kilo bars.

• Each gram is tracked on mBridge DLT, and can/will be transported between vaults at the owners discretion.

• ZERO re-hypothecation allowed.

• The UNIT will be redeemable in gold, not just backed.

• Existing vaults are in; Shanghai, Dubai, and Hong Kong.

• Vaults soon to be incorporated; Mumbai, Moscow and possibly Singapore and Bangkok

• Sovereign gold backed bonds will come on line and trade at varying discount rates based on the probability of the associated sovereign currency devaluing relative to gold.

• Net surpluses with a strong currency = low interest rates

• Here is the 50 page project MBridge document on the Hong Kong government website.

smash the blue button below

end of that section

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Remember the adage (Once is happenstance, twice a coincidence, three times is a pattern)

1. The Comex Precious Metals have been hit three of the past four Fridays.

2. 5/31 Gold reversed to close down $22. Silver down $1.17

3. 6/7 Gold down $66. Silver down $1.93

4. Today Gold reversed to close down $33. Silver down $1.23.

5. Total of just those three Fridays: Gold down $121. Silver down $4.33