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.

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Goldmoney Inc > Precious Metals under Management

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Post by pftmkron May 17, 2024 6:00pm

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Post# 36046566

Precious Metals under Management

You would think that Goldmoney Inc will have a substantial increase in revenue due to the price of Gold, Silver, Platinum moving up which will increase their vaulting fees. In addition the value of the precious metals that they hold in inventory for themselves and Mene should contribute. Acquisition of shares in the open market will also help by reducing the shares outstanding.
Please tell me where I am wrong about this opinion? I think that I saw a price to book value as of today of