LUXPAX Information

LUXPAX (light & peace) is an utreach to veterans and their families, assistance organization to feral animals and provider of aid to elderly inventors. Fundraising is an important part of our commitment to humanitarian and humane projects that we undertake. Here follows a description of how Collateral Gold Warehouse is expected to generate resources that will strengthen our ability to assist our people and animals: CGW Commercial Paper Collateral Gold Warehouse, looking to enhance collateralization of its members, shall credit and/or debit Collateral Gold to member accounts. The accounts appreciate and/or depreciate in grams CG equivalent to discount dollar-values of transactions. Members (aka originator-transactors) may issue Collateral Gold of their accounts to other members. Such issues are commercial paper within the CGW system, in that all deal-discount values (as occur within services like Groupon and Google Offers) are backed by the expected transactions of buyers as well as sellers. As transactions are registered, each originator-transactor account is debited or credited the amount of the discount of the deal, denominated in grams CG. Accordingly, Collateral Gold Warehouse calculates the gram-deal-discount value of every purchase and sale according to a formula that maintains CGW as sole repository and guardian of the precious metal / commercial paper values under its management.