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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 Ecoveston Jan 12, 2022 2:17pm
152 Views
Post# 34309374

RE:RE:RE:RE:Cryptocurrency for Goldmoney/BitGold!

RE:RE:RE:RE:Cryptocurrency for Goldmoney/BitGold!Well, a cryptocurrency backed by gold was then, and still is now, the right strategy!

The sooner the company Goldmoney can revive and implement that strategy, the sooner it will achieve greatness.

A rebranding is certainly an option although the names Goldmoney and BitGold do have lots of appeal from a marketing perspective for a cryptocurrency.  The name BitGold in particular because of its similarity to Bitcoin.

Questions...what needs to happen for this strategy to be implemented? Do shareholders need to speak up at the next AGM? What can shareholders do to move this strategy along? Does Goldmoney need a strategic partner or a new major shareholder?

cory881 wrote:
I'm not sure about recently.. but back in the beginning Roy was very involved.. I'm guessing they pulled out due to troubles with regulations in Jersey?? so now that they are out hopefully they can bring back block vault.. maybe bring back Bitgold but this time as a crypto backed by gold.. it's all wishful thinking at this time.. Roy has disappointed a very large passionate group of people along the way so maybes a complete rebrand should happen.


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