Great concept but lacks security
The idea of tokenizing physical gold in the way they have is amazing. You can hedge against the South African rand and own a certificate that you are entitled to the physical metal. However, the gold is stored in a facility governed by the state which entitles the government to seize the gold if they see fit for any circumstance. Then to take delivery of the physical metal, you are required to provide your bank login details to make a payment for the high courier fee. Investing in gold is the safe haven bet, it needs to be a sure thing. I feel there are too many holes in Troy gold to move away from buying the physical metal myself from dealers. Fantastic idea but they have missed the sole purpose of investing in gold for me.
