The #1 Way to Own Gold Today…

As I write this, gold sits at more than $4,000 per ounce.

Back when I first started telling my readers to buy gold for America’s Reckoning to Come, buyers of the day were spending basically a grand per ounce—and most observers thought we buyers has lost our damn mind.

We were buying at the top, after gold had already gained 4x from its 1990s lows in the $250 range.

Over the entirety of the $3,000 uplift in gold’s price, I’ve been regularly and routinely urging, warning, cajoling, and darn-near begging anyone who will listen to me to pack their life with as much gold as they feel comfortable holding.

Didn’t matter that we were at all-time highs—because higher highs were coming.

And we passed those higher highs every time.

Now we’re north of $4k, on our way to $5k. Heck, Even JPMorgan’s golden sour-puss, Jamie Dimon, recently and begrudgingly said that gold “could easily go to $5,000 or $10,000 in environments like this. This is one of the few times in my life it’s semi-rational to have some in your portfolio.”

I mean, I thought it was semi-rational at $1k and here we are, a moment when even one of the biggest pooh-bahs on Wall Street agrees with a lowly Field Notes scribe who has been saying that gold will see $10k before it ever again touches $1k.

Not hard to see why, really, as America’s debt situation races toward a “Come to Jesus” shocker… as America’s political situation roots ever deeper into the muck… and as the world begins to extricate itself from a dollar-centric economic order.

Even central banks around the world have been dumping USD to buy gold. Gold is now the largest holding among central banks for the first time in at least 30 years.

That’s saying something.

Though what the something is ain’t so good…

To that end, I laid out at a recent event in Dublin all the ways that America is on the wrong road, and why it is that gold (along with bitcoin and Swiss francs) is the supersized umbrella you need to protect against the fecal storm that’s brewing.

As part of that weekend in Dublin, I shared a gold strategy with attendees that I called the single best way to own gold.

And I want to share that here, because the need to own gold is growing increasingly important by the day.

The best way: Buy gold on the blockchain. (In my upcoming Gold Masterclass, I’ll explain exactly how.)

Now, I recognize that there are couple of things going on here that might raise concern.

1. The blockchain is too complicated, so why would I subject myself to that headache?
2. How does something physical like gold trade on a digital superhighway made of ethereal electrons?

Both valid.

So let me answer those. Then you will see the opportunity.

First: If you can trade shares of Apple on Fidelity or E*Trade, you can trade gold on the blockchain. All you need is an account at a crypto exchange such as Coinbase, Kraken, or Gemini. Those are easy to open online.

Then, you just fund your crypto account from your personal bank account, and you’re ready to trade. Select the crypto asset you want, enter an amount you want to invest, and click “trade”… and Bob’s your uncle. That simple.

The second point is where this dispatch is suddenly more interesting.

If you head to Walmart.com right now to buy a one-ounce gold bar from Pamp-Suisse, one of the most respected refiners in the game, you’re going to pay $4,235.

The price of gold at the same moment is $4,020.

So Walmart is charging you a 5.3% markup.

If you want to buy just one gram of gold, also from Pamp-Suisse, the House of Bentonville will ding your debit card for $191, or the equivalent of $5,940 per ounce—a usurious 48% markup.

Reasons exist for this. It’s not just a Walmart thing.

Fabricating gold into smaller and smaller divisions for resale adds lots of fabrication costs to the process. So no matter where you buy physical gold, the markups are going to assault your pocketbook. (That said, dedicated metals dealers such as apmex.com, BostonBullion.com, BullionStar.com, and others generally have better prices by several percentage points. So I’d tell you to buy gold there instead of Walmart and Costco.)

But the blockchain is the savviest place to buy gold.

That’s because there are no fabrication costs. What you spend is exactly the amount of gold you get. Or phrased another way, the amount of gold you want will cost you exactly what it’s supposed to cost without the markups.

If you want one ounce of gold, for instance, you spend $4,020. For a gram, you’ll spend $129, which is a $4,020 troy ounce split into its component 31.1 grams.

With the ounce, you’ve saved more than $200. With the gram, you’ve saved $62.

This happens because blockchain gold is a digital doppelganger of a physical ounce of gold held in secure storage vaults underground. Only, the gold held isn’t actually a hoard of one-ounce bars and coins. It’s big kilo bars of gold you see bank robbers stuffing into duffle bags in all those heist movies.

Own blockchain gold, and you your own sliver of a kilo bar of gold collecting dust in a secure and audited vault.

No mucking about with fabrication costs that can rip you off.

Think about buying an ounce worth of gold in one-gram segments over time. We’ll assume the price of gold remains the same just to make the point. By the time you’ve nabbed 31 grams, that $5,940 you spent would have actually afforded you 1.477 ounces of physical gold held on the blockchain.

Quite the difference.

And I’m not even getting into selling your gold, when you’re going to face an equally vicious haircut on the price you have to accept from a gold dealer. Markups are going to gobble up a big chunk of whatever profits you collect.

But there’s another benefit: Portability.

Moving around the world, or even around the US, with a satchel of gold coins can be nerve wracking. And you have to find a place to store them securely, often incurring a cost.

On the blockchain… you can leave home and arrive anywhere in the world, log into your crypto account, and your gold is right there where you left it. No need to transport it anywhere. Wherever the internet exists, you have access to your golden wealth.

And that is why I told the fine folks in Dublin that having some gold on the blockchain is a great way to ensure some of your wealth is always safe, always secure, and always available anywhere in the world you alight.