Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

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

Bullboard Posts
Post by cavedweller54on Aug 08, 2015 12:18pm
136 Views
Post# 24000276

Right now gold backed debit cards are a gimmick.

Right now gold backed debit cards are a gimmick.
The next stage will be a fad if they catch on. I don't like astronomical fantasy projections so it's up to each individual to decide what a fad is worth. Then they could always revaluate what gold's best use would be in the world economies of today. Transparency is a good word. Gold would certainly be able to help with that. Gold would also be an excellent insurance premium. Economically it makes no sense to back up a currency with 100% gold but there is a case to be made for a 5% backing in a lot of situations. Ironically a perfect world is not an all or nothing scenario.
Bullboard Posts