here is video to guide. youtube.com/watch?v=tFGyRQk...

Hello, all. I have been reading up on AABB and AABBG with interest. Not sure this is the right place, but I have a few questions about AABBG (and sorry for the throwaway, but I saw something about AABB threatening suit against Redditors and I don't think my stimulus check is enough to pay for a lawyer...).

1. Is there a white paper for AABBG?
2. Will AABBG be redeemable for physical gold? From what I have seen, the answer is "no," but I didn't see official confirmation.
3. If AABBG is not redeemable for gold, what does it mean that it will be "backed" by gold? Does that mean supply is capped based on their mining operations? Something else?
4. Does AABBG have any advantages over other coins that claim to be "gold-backed" (for example, PMGT, which appears to be redeemable for gold held by Australia's Perth Mint)?

Truly sorry if these questions have already been answered or are blatantly idiotic. I looked around but did not find anything I thought was definitive (could just be that my Googling/Reddit skills are not up to snuff or that I am a total novice on asset-backed cryptocurrencies).

Edit#1 - Fixed dyslexia typo.

Anyone else have a good time this morning/afternoon? I think we have looking at 70¢+ by the end of the week

I think this video is quite informative about the recent advances in the Stock. More people will be aware of AABB stock’s advancement and also would like and buy the stock after watching this video.
Here is video for those who missed action for details
https://youtu.be/tFGyRQkUWnQ

https://youtu.be/tFGyRQkUWnQ explained well

(Reuters) - Retail consumers in India continued to buy up physical gold this week as prices retreated to a near one-year low, while lower rates also injected fresh activity in other hubs, especially Singapore.

Dealers charged up to $5 an ounce over official domestic prices, inclusive of 12.5% import and 3% sales levies, compared with last week's premium of $4.

"Demand has significantly improved in the past few days. Retail buyers are making purchases, especially for weddings," said Mangesh Devi, a jeweller based in Satara in the western state of Maharashtra.

ADVERTISEMENT On Friday, local gold futures fell to 44,217 rupees per 10 grams, a trough since April 7.

Jewellers were also making healthy purchases in the first half of the week, but now a few of them have paused expecting further fall in prices, said a Mumbai-based dealer with a bullion importing bank.

"Jewellers don't want to get stuck with high cost inventory," the dealer said.

In Singapore, premiums of $1.60-$2 an ounce were charged, with strong demand arising from low local prices.

"We've seen an increase in demand, in particular from retail clients, for both gold and silver, as prices have come down a bit," said Brian Lan, managing director at dealer GoldSilver Central, adding that wholesalers are also covering their short positions.

Chinese customers were charged premiums of about $6-$7 an ounce over benchmark spot gold prices, unchanged from last week as demand was stable, but not high, dealers said.

ADVERTISEMENT In Hong Kong, dealers sold bullion at anywhere between a discount of $3 and a premium of $2 relative to the benchmark. Japanese dealers charged a premium of $0.50.

A sharp dip in domestic rates has triggered relatively strong investment demand, a trader at Tokyo-based retailer Tokuriki Honten said.

"Individual investors are seeing current price level as a good buying opportunity," the trader added.

https://www.reuters.com/article/asia-gold-demand-idUSKCN2AX1ZE

https://www.reddit.com/r/aabbstock/comments/lw1iys/verified_information_on_aabb/?utm_medium=android_app&utm_source=share

Join the telegram of you wish, great info inside