GoldSeek Radio Nugget: CEO Thomas Couglin and Andrew Maguire
Highlights
Andrew Maguire and CEO Thomas Coughlin, return with an update on the PMs rally. Andrew Maguire notes the increasing pressure on the LBMA to insure transparency in the paper gold market. The potential for decoupling of the paper and physical gold market implies increased default risk. Thomas Coughlin discusses the Allocated Bullion Exchange (ABX) a gold / silver bullion platform. ABX could disrupt the entire gold suppression scheme via Kinesis, exposing the opaque paper gold system. Kinesis was designed to usher in a sound currency alternative via a single, simple to adopt currency. According to company literature, Kinesis offers gold safety, blockchain transparency / decentralization. Accounts are eligible to earn one of three types of yield on their bullion. Interested supporters are encouraged to thoroughly review Kinesis Blueprint v.15 (figure 1.1.). The project hinges on a purely digital based and LBMA approved T1 asset as prescribed by the BIS. This interview is presented as informational content and must not be construed as investment advice; crowdsales are speculative / risky in nature; due diligence is strongly encouraged.Andrew Maguire and CEO Thomas Coughlin, Kinesis founder return with an update on the remarkable precious metals market rally as well as their work on Kinesis in another conference call recorded simultaneously on three continents. Andrew Maguire notes the increasing pressure on the LBMA to insure transparency within the paper gold market amid potential decoupling with the physical gold market, implying increased risk of a major default. The discussion shifts to CEO Thomas Coughlin of Kinesis and their Allocated Bullion Exchange (ABX) a gold / silver bullion platform poised to disrupt the entire gold suppression scheme via Kinesis, exposing the opaque, gold paper money system. The unique gold-backed cryptocurrency arrangement was designed to usher in a sound currency alternative via a single, simple to adopt currency with gold safety, blockchain transparency / decentralization, crypto anonymity, incentivized transactions, as well as interest yields. According to company literature, customers who deposit cash or bullion are eligible to earn one of three types of yield on their bullion. Andrew Maguire notes the project hinges on a purely digital based and LBMA approved T1 asset as prescribed by the Bank of International Settlements. Interested supporters are encouraged to thoroughly review Kinesis Blueprint v.15 (figure 1.1.). This interview is presented as informational content and must not be construed as investment advice; crowdsales are speculative / risky in nature; due diligence is strongly encouraged.
Figure 1.1. Kinesis Crowdfunding Event
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** Note. Disclosure - Goldseek.com is still in the due diligence phase regarding this offering. The Goldseek.com Radio host does not own or have any rights to Kinesis tokens. This interview is presented as informational / educational content and must not be construed as investment advice or as an endorsement of the tokens. Goldseek.com LLC and the host are not registered financial advisors and cannot accept liability for the outcome of any investment decision. Crowdsales involve extreme volatility and higher than typical risk. In accordance with new SEC regulations, non-qualified investors are restricted in the USA to $2,000 per account. It is advisable to discuss any investment plan with a registered investment advisor and thoroughly review the Kinesis Blueprint v.10.