News and Insights

There’s been a lot of press about gold lately. And a lot of interest in Rush Gold. Find out more including our market insights.

Liquidity. Liquidity. Liquidity.

Liquidity. Liquidity. Liquidity.

At Rush Gold we have always believed that one of the big advantages for owning gold through Rush is liquidity.

Liquidity. Simply put, an asset is liquid if you can buy or sell as much as you need, anytime you need, at a reasonable price.

Gold is one of the most liquid assets in the workd. The daily trading volume in the gold markets even exceeds the daily share trading volumes in the entire S&P 500 index:

By contrast, the headlines about liquidity in the cryptocurrency markets are not very positive at the moment:

Token Liquid-ity Plummets Leaving Bag Holders High and Dry

We’re big believers in the promise of blockchain record keeping and distribution channels when coupled with a top-quality asset like gold bullion. Gold has proven, deep, highly-liquid markets and broad usage and ownership across a variety of different industries. There’s gold in the smartphone in your hand, in the NASA Rover that landed on the surface of Mars this week, and in the vaults of the biggest investors and governments in the world.

We think these are advantages that will be difficult for any new software algorithms to match.

SendGold is focused on becoming a strong stablecoin contender with SendGold Coin (SGC)

 

Related News

Making Sense of the FTX Collapse

By now most people have heard about the collapse of the FTX cryptocurrency exchange and empire, but the implications for…

Read Full Article

Price Versus Value: Choosing Wisely

A comment by Warren Buffet may hold a key to reaching your financial goals Legendary investor Warren Buffet once noted…

Read Full Article

Adding PayID capability for Rush Gold customers – in or out of the Rush app

Rush Gold takes pride in providing customers with a user-friendly platform to buy, sell, send, and gift real gold in…

Read Full Article