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Bullboard - Stock Discussion Forum 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... see more

TSX:XAU - Post Discussion

Goldmoney Inc > Goldmoney vs onegold
View:
Post by wictory on Dec 31, 2020 7:38pm

Goldmoney vs onegold

it looks like onegold is better in many ways? https://www.onegold.com/goldmoney-vs-onegold So why goldmoney instead of onegold ?
Comment by michaelstl on Jan 03, 2021 6:42pm
There aren't very many companies that store precious metals in vaults all over the world. There aren't very many companies that own majority of an online 24 carat Gold Jewelry, (plus platinum) In addition, Gold money keeps only enough fiat currency to pay bills etc.  They invest in Gold, Silver Platinum in stead of holding fiat.  (It's like a Gold Bank) Company should do very ...more  
Comment by wictory on Jan 04, 2021 2:55pm
I understand these points but i was thinking from a customer point of view not as an investor. Goldmoney has lots of fees one gold don`t.  
Comment by megabid on Jan 04, 2021 3:10pm
I have not looked at the fees, but remember some of the crypto holding exit scams. Goldmoney is publicly traded with a rock solid balance sheet. You do not want to wake up one morning and can't get your money because the regulators have found some issues. I know personally as a client and shareholder Goldmoney follows all the rules. I am not saying Onegold is not following regulations, but I ...more