Want To Be A Millionaire? Buy Inflation‑Hedging PAX Gold

The article argues that PAX Gold (PAXG), a tokenized ERC-20 representation of physical gold, is an attractive inflation hedge that could attract investor flows away from physical bars and traditional gold ETFs. It highlights PAXG’s advantages — 24/7 tradability, lower custody fees (0.18% vs. GLD’s 0.40%), direct redeemability for physical gold in certain conditions, and lower storage/insurance costs — and cites historical gold performance (≈160% over five years; 1,140% over 30 years) to suggest PAXG could turn long-term investors into millionaires. Market impact: wider adoption of tokenized gold could increase demand for gold exposure outside ETF channels, compress costs for retail investors, and shift some liquidity onto crypto venues and Ethereum rails.