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Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

Goldmoney Inc. is a Canada-based company, which specializes in the investment and custody of enduring real assets. Through its subsidiaries, the Company offers precious metals trading services to clients, including secure custody and storage solutions. It also maintains diversified interests in property investment and jewelry manufacturing. The Company’s segments include Goldmoney.com, and Goldmoney Properties Limited. The Goldmoney.com segment 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. Goldmoney Properties Limited is a United Kingdom-based entity established to acquire long-life property assets with secure long-term income streams. Goldmoney Properties Limited owns six properties totaling 423,087 square feet (GIA) with annual contracted net rental income of £6.8 million ($11.8 million). Its subsidiaries include Goldmoney BVI Inc., Goldmoney Vault Inc., and others.


TSX:XAU - Post by User

Bullboard Posts
Post by forextrayderon May 18, 2015 7:23pm
156 Views
Post# 23739288

CEO had a target of 50 thousand accounts.11 thousand already

CEO had a target of 50 thousand accounts.11 thousand alreadyWouldn't you think there are at least 50 thousand wealthy folks in China alone? USA alone? See what I mean? And the 1% commission? That is 1% over, and over, and over, and over again. Every buy and sell of gold...... 1%. The difference between this and paper transaction ETF's..... this one is backed by physical gold. Stored in Brinks Lloyds of London vaults. In essence...... this is likely to be the platform where all global gold is transacted through. Take 1% of that amount..... Take 1% of a fraction of that total global gold. The potential share valuation here is astronomical. There is definitely a global appetite for this. Imagine the businessman in a foreign country ( Russia, Argentina, Zimbabwe etc. etc. ) that is paid 100 thousand dollars in his national currency. The next morning he wakes up to find his 100 thousand dollars is worth only 50 thousand dollars because of the currency de-valuations regularly happening around the globe. He will be diving at the opportunity to  open his account....... buy 100 thousand dollars worth of gold........ be confident his gold is always going to be gold, and the price is likely to increase dramatically with the money countries are continuing to print.......... he will get a bank card........ and use it like every other bank card out there. This is not handing over blocks of gold to buy a car. I think once the masses come to realize this........ that it is simply funding an account by securely purchasing gold...... and spending your balance. Anyways... do some research...... the model is so simple, yet so ingenious. This is big. Heck... don't you think there are 50 thousand gold bugs alone out there that would use this platform to buy physical gold? I do. Share price into the teens by the close of Friday's session in my opinion. 
Bullboard Posts