I was browsing social media when i stumbled on an ad for a gold subscription.

Seemed pretty interesting and so I did some further digging.
From the research I did they seem to be legit.

However im not really sure about the value proposition they offer.

How it works

You make an account and pay a one time $12 membership fee,
Then you select a subscription.

You have a choice of a 1,2.5,5 or 10 gram bar although its possible to have multiple subscriptions going at once
(even with the same bar) .

So lets say we go with the 1 gram bar subscription, we would pay 30 dollars a month (on top of the one time $12 member fee).And these 30 dollar payments would accumulate until the total was over the price of the bar plus the shipping fee , any remaining money will go towards the next bar.

Am i missing something where is the value proposition?
I dont see the use for this service since you dont lock in your bar price, one would be better off saving up towards a gold bar in a bank account that can give some returns or perhaps one with a higher risk tolerance could get some juicy returns in HBD or some other crypto stable.

I was going to give it a go but once i did some more digging i realized its a total waste and i would end up paying an even higher premium on top of the premium present in fractional gold.

Hive Canada

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