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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 > bye bye Goldmoney
View:
Post by wictory on Nov 09, 2021 2:18pm

bye bye Goldmoney

I have just recently purchased even more  shares BUT after this disappointing report i sold every single position of this company with loss. it is time to move on after holding xau shares for years and missing other opportunities where i could have made huge returns.

Also i am gonna close my goldmoney account as their fees are so high and open an account with onegold probably. 

Although i still believe at some point in the future xau will rise again with precious metals.
Comment by cory881 on Nov 09, 2021 2:40pm
smart move.. I need to do the same
Comment by FukDaFed on Nov 10, 2021 5:56pm
 Adios amigo. You're going to miss huge returns.
Comment by michaelstl on Nov 11, 2021 9:14am
I disagree!  Bad report out of the way and everything turned on now!  Gold, Silver, Patiinum all on fire!  This is one stock that makes good money when this happens.  Mene is doing great and should benefit from this also.  The Totenpass is up in the air but could be a win also.  
Comment by wictory on Nov 11, 2021 4:15pm
yes I agree that company could do better /well when the metal prices are on the rise. I didn't say that it wouldn't. I just can't see goldmoney being competitive with their fees and capitalize sufficiently on the metal market to reward shareholders .. xau could do well when the energy cliff put miners in trouble and everyone prefers physical metals over miners