Liberty Gold International (LGI) is a New Zealand-chartered financial technology firm that combines the global payment platform and consumer precious metals markets.
The platform provides a spendable “unit of account” that functions at par with the US dollar and can also be used as a universal means of exchange. The patented card system (US 8,296,226) permits the “gold dollar” to remain in sync with the spot gold price and function in parallel with the fiat US paper dollar. This unique card system offers clients the convenience of electronic payment coupled with physical ownership and redemption.
A typical transaction will involve a client buying gold online at an attractive premium above the spot price and then selling that gold back at the new spot price at the moment the card is swiped.
LGI embraces a new paradigm where technology solves the liquidity, security, and access objections most precious metals buyers face.