Why is the elimination of fees and royalties crucial in NatGold legislation?

To ensure the NatGold industry’s integrity and sustainability, it’s critical to eliminate ongoing state fees and royalties tied to traditional mining titles. Such ongoing annual costs, if applied, necessitate the issuance of new NatGold coins to cover them, risking the one-to-one correspondence between NatGold coins and certified gold resources. This could potentially dilute NatGold coins’ monetary integrity by introducing the possibility of inflation within the ecosystem. Therefore, abolishing these fees and royalties is paramount to preserving NatGold coins as a reliable and inflation-resistant store of value, safeguarding against the depreciation that could arise from ongoing state-imposed costs.

Enjoyed this news release? Subscribe to get Great Eagle News Updates! We’ll also register you to receive NatGold News & Insights from the International NatGold Council, featuring the latest industry news, expert analysis, and exclusive interviews. Subscribe Now!

Share This Story!

More Great Eagle Gold News