Exclusive Interviews

What’s Tobacco Got to Do with NatGold™? More Than You Might Have Thought!

Introduction: Simon Langelier, based in Lausanne, Switzerland, adds significant senior executive expertise to the International NatGold Council, particularly through his leadership roles at Philip Morris International (PMI). From 2002 to 2005, as President of Philip Morris Eastern Europe, the Middle East, and Africa (EEMA), he managed operations across 87 countries, including those in the former Soviet Union, the African continent, and the Middle East. With a team of 8,500 and overseeing annual revenues of $6.9 billion, he was instrumental in strategic market negotiations and expansions in regions such as Russia, Ukraine, South Africa, Iraq, Algeria, Libya, Nigeria, and Senegal.

His executive journey progressed when he served as President of East Asia at Philip Morris Asia Limited in Hong Kong from 2005 to 2007. In this capacity, Langelier directed operations generating annual revenues of $5.7 billion and led a workforce of 3,500 across Japan, Australia, New Zealand, South Korea, and Greater China. His tenure is noted for successful negotiations with the Chinese monopoly that led to a joint venture for the international marketing of Chinese brands and a licensing agreement for Marlboro in China.

From 2007 to 2010, Langelier spearheaded PMI’s Next Generation Products and Adjacent Businesses as President. During this period, he was pivotal in the establishment of the department and significantly expanded PMI’s non-tobacco product line through strategic joint ventures. Langelier’s governance expertise is also demonstrated through his role as an independent non-executive director at Imperial Brands PLC, where he contributed to the Audit and Succession and Nomination committees until February 2023. Additionally, his tenure as a non-executive board member at Tribeca Asset Management in Colombia showcases his strategic foresight and oversight, further underscoring his valuable contributions to corporate governance and strategic planning.

INC: Welcome, Simon. It’s a pleasure to have you here, sharing your insights on the emerging NatGold industry – especially being a member of the Board of Directors of the International NatGold Council.

Simon Langelier: Thank you. I’m delighted to be here and excited to discuss the promising future of the NatGold industry.

INC: Your extensive experience in heavily regulated industries, particularly the tobacco industry, has given you a unique perspective on corporate governance. How do you see this experience benefiting the International NatGold Council?

Simon Langelier: My experience in the tobacco industry, one of the most heavily regulated sectors globally, has indeed been formative. The stringent regulatory environment required disciplined governance and adherence to strict ESG principles. This experience has given me a deep understanding of the importance of robust corporate governance, which I believe is equally crucial for the NatGold industry. My goal is to help the Council lead with integrity, transparency, and a strong commitment to ESG values, ensuring that NatGold becomes a trusted and respected player in the global market.

INC: Some might view your background in the tobacco industry as a potential negative. How would you address these concerns and turn them into a positive for the NatGold Council?

Simon Langelier: I understand that my background in the tobacco industry might raise concerns for some. However, I believe that the rigorous governance frameworks and disciplined approaches I learned there are highly transferable and beneficial to the NatGold Council. The principles of transparency, accountability, and sustainability that we applied in the tobacco industry can significantly enhance the credibility and operational integrity of NatGold. By leveraging these insights, we can ensure that the NatGold industry not only meets but exceeds the expectations of stakeholders worldwide.

INC: What excites you the most about the potential of NatGold and its role in the global economy?

Simon Langelier: The concept of NatGold is incredibly exciting because it modernizes gold through digital mining, aligning with contemporary ESG values. Gold has always been a reliable store of wealth and a key player in global economic systems. With the increasing skepticism toward national currencies, gold’s role as a monetary store of wealth is becoming even more evident. NatGold, as a digital commodity, offers a sustainable and innovative way to leverage gold’s intrinsic value in today’s economy.

INC: Can you elaborate on the importance of the Canadian National Instrument 43-101 technical reports and how they underpin the credibility of NatGold?

Simon Langelier: The Canadian National Instrument 43-101 technical reports are the gold standard in mineral resource reporting. They provide a level of transparency and reliability that is crucial for bankers and financiers when making decisions about mining operations. By adhering to these stringent reporting standards, NatGold ensures that its operations are credible and trustworthy. This is essential for attracting investment and gaining the confidence of stakeholders in the global market.

INC: How do you see NatGold addressing the challenges of traditional gold extraction methods and aligning with modern ESG values?

Simon Langelier: Traditional gold extraction methods often fall short of modern ESG standards, particularly in terms of environmental impact. NatGold’s approach to digital mining offers a more sustainable solution. By minimizing the environmental footprint and ensuring ethical practices, NatGold aligns with the growing demand for responsible and sustainable investments. This not only enhances its appeal as a modern financial instrument but also reinforces its position as a leader in the evolution of the gold industry.

INC: Why do you believe now is the perfect time to launch NatGold and transform the global market?

Simon Langelier: The timing for NatGold’s launch couldn’t be better. As public confidence in national currencies continues to wane and the world looks for more stable and intrinsically valuable assets, NatGold offers a unique and timely solution. By combining the intrinsic value of gold with the innovation of digital mining and a strong commitment to ESG principles, NatGold is poised to revolutionize the global market. It’s a novel and transformative effort that meets the current needs of investors and the broader financial ecosystem.

INC: Do you believe NatGold has the ability to compete head-to-head with Bitcoin and other pure cryptocurrencies?

Simon Langelier: Absolutely, I believe NatGold has the potential to compete directly with Bitcoin and other cryptocurrencies, though it will take time to fully realize this potential. The key fundamental here is that gold has served as a store of wealth and a hedge against economic and political uncertainty for thousands of years. This role wasn’t assigned by any government; rather, it is Mother Nature’s gift to humanity. Gold’s value has been recognized and reaffirmed through a natural process of human societies experimenting with various forms of wealth preservation over millennia, and consistently, societies have returned to gold.

You can see this enduring trust in gold reflected in its rising price, and many analysts predict this trend will continue. The time has come for a more rational and modernized way of “mining” gold’s value, which is where NatGold excels. The major criticism of cryptocurrencies like Bitcoin is their lack of intrinsic value, and this is where NatGold stands out. By combining the intrinsic value of gold with the innovative approach of digital mining, NatGold is poised to be a standout performer and could even potentially lead the entire digital assets sector.

INC: What is the International NatGold Council’s role in ensuring widespread adoption of NatGold?

Simon Langelier: The International NatGold Council has two fundamentally important and distinct roles in ensuring the widespread adoption of NatGold.

First, the Council’s primary mission focuses on developing NatGold industry legislative policies and setting integrity standards that govern the comprehensive NatGold tokenization and monetization ecosystem. These initiatives are critical in fostering a robust NatGold industry, underpinned by the highest levels of monetary integrity for NatGold coins. By establishing and maintaining these rigorous standards, the Council ensures that NatGold operates with the utmost credibility and trustworthiness, which is essential for gaining widespread acceptance.

Beyond its policy-making endeavors, the NatGold Council is dedicated to promoting the NatGold marketplace on a global scale. Through strategic marketing and targeted media campaigns, the Council aims to enlighten the global community about NatGold’s unparalleled benefits. This includes positioning NatGold as the premier asset-backed digital currency, highlighting its intrinsic value and the advantages it offers over other digital assets. By actively engaging with stakeholders and the broader public, the Council works to build awareness and drive the adoption of NatGold as a leading financial instrument in the digital economy.

INC: Thank you, Simon, for sharing your views with us today. We wish you and all of the International NatGold Council senior leadership team continued success in guiding this important new digital monetary asset forward.

Simon Langelier: Thank you. It’s been a pleasure discussing the exciting future of NatGold. I look forward to continuing our efforts to establish NatGold as a leading asset in the digital economy.

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Why does NatGold only recognize certified gold resources and not certified gold reserves when determining tokenization ratios?2024-04-20T23:34:04+00:00

The essence of NatGold’s valuation lies in its innovative approach to digital mining, which capitalizes on the inherent value of gold’s existence rather than its physical retrievability. This method relies on the assessment of certified gold resources, which quantify the presence of gold irrespective of its extraction feasibility. Conversely, certified gold reserves evaluate the economic viability of extracting these resources, a consideration irrelevant to NatGold’s mission. The International NatGold Council upholds a philosophy that sidesteps the environmentally and financially costly process of physical extraction in favor of a more sustainable, digital approach.

By choosing to tokenize gold based on its certified existence, NatGold challenges the traditional mining paradigm, rendering the debate over extraction viability moot. This shift not only aligns with environmental conservation efforts but also redefines the utility of gold as a store of wealth. It renders the act of extracting gold only to secure it in vaults both illogical and wasteful. Through digital tokenization, NatGold ensures that gold can fulfill its monetary role while remaining undisturbed in the earth, showcasing a practical commitment to ESG principles and making a clear case for the absurdity of conventional extraction methods.

What is NatGold?2024-05-03T15:18:49+00:00

NatGold, sometimes referred to as “green gold,” represents the concept of monetizing natural gold—gold that is left unextracted and remains in the ground. The distinctiveness of NatGold lies in the method of capturing its value, making it a superior choice for monetary purposes compared to its above-ground counterpart, which serves better for industrial, jewelry, and luxury uses.

The value of NatGold is realized through the tokenization of NI 43-101 certified gold resources, which are fundamental to all investment decisions related to gold mine financing for extraction purposes. By being digitally mined and kept in its natural state, NatGold provides a plentiful supply to meet flexible monetary demands without the need for the security, storage, transportation, and insurance required for physical gold.

Moreover, NatGold is ESG-friendly (Environmental, Social, and Governance), positioning NatGold as a positive force for sustainable finance, in stark contrast to the significant environmental and social impacts associated with above-ground gold extraction and processing.

Why is NatGold mining considered ESG-friendly?2024-04-21T15:42:57+00:00

NatGold mining is considered environmentally, socially, and governance (ESG)-friendly because it promotes the monetization of natural gold resources without the physical extraction of gold from the earth. This innovative approach involves the tokenization of National Instrument 43-101 (NI 43-101) certified gold resources, which are kept in their natural state underground. Unlike traditional gold mining, NatGold mining does not involve the environmentally and socially detrimental activities typically associated with the extraction and processing of physical gold, such as land degradation, water pollution, and the displacement of communities.

Furthermore, NatGold mining eliminates the need for the extensive security measures, transportation, storage, and insurance required for physical gold, thereby reducing the carbon footprint and enhancing the sustainability of gold as a financial asset. By leveraging digital tokenization, NatGold provides a stable, secure, and flexible supply of monetary assets that meets modern financial system demands without the negative environmental and social impacts of traditional gold mining practices. This positions NatGold as a pivotal component in sustainable finance, offering an ESG-friendly alternative to conventional methods of gold monetization.

Why is the elimination of fees and royalties crucial in NatGold legislation?2024-05-03T15:33:15+00:00

To ensure the NatGold industry’s integrity and sustainability, it’s critical to eliminate ongoing state fees and royalties tied to traditional mining titles. Such ongoing annual costs, if applied, necessitate the issuance of new NatGold coins to cover them, risking the one-to-one correspondence between NatGold coins and certified gold resources. This could potentially dilute NatGold coins’ monetary integrity by introducing the possibility of devaluation within the ecosystem. Therefore, abolishing these fees and royalties is paramount to preserving NatGold coins as a reliable and devaluation-resistant store of value, safeguarding against the depreciation that could arise from ongoing state-imposed costs.

What is a NI 43-101 certified gold resource report?2024-04-20T23:30:24+00:00

A NI 43-101 certified gold resource report is a comprehensive document independently prepared by “Qualified Persons” who serve as auditors of gold resource estimates, adhering to the standards set by the Canadian National Instrument 43-101 (Standards of Disclosure for Mineral Projects). This regulatory framework ensures that the public disclosure of scientific and technical information about the existence of gold resources is accurate, reliable, and follows consistent standards.

The report provides detailed information on a mineral project’s geology, exploration results, drilling data, and gold resource estimation. Specifically for gold, the report outlines the quantity, grade (quality), and other geological characteristics of the gold deposits within a project. It categorizes the resources into Measured, Indicated, and Inferred resources based on the level of geological certainty of the gold’s existence.

NI 43-101 certified gold resource reports are essential for investors and stakeholders in the mining industry, providing a trusted basis for investment decisions and ensuring transparency and accountability in public disclosures about mineral properties.