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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

Comment by michaelstlon Jan 31, 2021 7:50pm
138 Views
Post# 32433216

RE:RE:January Price & volume

RE:RE:January Price & volumeI do agree that is is a real value in a rising precious metals market.  They keep only enough fiat available to pay expenses etc.  The rest of their capital is tied up in the metals.  Plus they probably will really increase their business as people invest in physical metals vs paper.  In addition, they have the Mene investment which should do very well. The kicker is the technology that they have been working on: Totenpass.  Possibly it will be ready for introduction later this year and it really sounds interesting.  It really looks like it may be a revolutionary security type service which is needed during times like this.  Protecting valuable information.  I feel that if we can get a breakout of the silver moving up through the old high of around 29.50 that we will also get a move in gold and platnum which will increase the value of the Goldmoney stock.  They own about 1/2 of Schiff Precious metals which has been doing very well.  I am sure that during the past few days Schiff sold out of all of it's silver products along with the rest of the dealers.  Finally, this company looks to me to be safer than putting money in a bank.  I would rather have my money tied up in precious metals held at Goldmoney then in a bank.  I like Goldmoney only keep enough money at a bank to pay expenses.  GLTA
These are my personal opinions.  Please do your own due-diligence when deciding whether to buy or sell an investment.  
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