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Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

Consumer Cyclical Specialty Retail
Goldmoney Inc. is Canada-based company with focus on the real economy. The Company, through its ownership of various operating subsidiaries, is engaged in precious metal sales to its clients, including arranging of precious metals trading to its clients, including arranging for custody and storage of precious metals for its clients. The Company’s segments include Goldmoney.com, SchiffGold, and Goldmoney Properties. Its Goldmoney.com is an online platform that provides clients with access to their Holding to purchase and sell physical precious metals and arrange for their custody and storage. Its Schiff Gold LLC is a United States-based dealer in precious metals that offers to its clients the purchase and sale of physical precious metals in the form of bars, coins, and wafers with direct-to-client delivery. Its Goldmoney Properties Limited is a United Kingdom-based company that acquires institutional grade property assets with inflation-protected cash flows.


TSX:XAU - Post by User

Goldmoney Inc
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(23)
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Comment by fleamarketon May 27, 2015 12:19am
108 Views
Post# 23767940

RE:RE:RE:RE:RE:Question..

RE:RE:RE:RE:RE:Question..
osirus1 wrote: Mine you need to read the whole post you are running things together. The merchant pays the transaction fees not the card user. i do know merchants that pay 1%.

They already confirmed they hedge gold in the CC.

The belief I have is they are buying that hedged gold at a further discount to the market price even if it is only 5% and I explined why I believed that using the gold company I am in several days ago.



Even as a merchant they will get a huge discount from any company knowing most purchases will be over a few hundred dollars not a 1.65$ coffee.
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