Andrew Maguire’s “Kinesis”: Safer Than GLD and SLV?

In the gold and silver world, many investors are concerned about whether paper and digital products like GLD and SLV are really safe alternatives to physical precious metals.

Similarly, with Andrew Maguire’s Kinesis, a gold and silver-backed cryptocurrency, is this a safe way of storing wealth? Are the proper audit procedures in place?

I asked Andrew directly, and in this video you can find out what protocols are in place to guarantee that the metal is stored on a 1-1 unallocated basis.