Goldmoney Inc T.XAU

Alternate Symbol(s): XAUMF

Consumer Cyclical Specialty Retail

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.

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Goldmoney Inc

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Comment by jawcrusheron Jun 03, 2015 12:53am

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Post# 23792038

RE:math

Hold on. Gold can fall $24 and you can still beat the house. Chances are if gold falls $24 the currency used to purchase said gold will have gone down also, maybe more than 2%. Example... US dollar rises and gold drops accordingly as would the CDN dollar drop.

Hence, you get more cdn dollars as that currency falls relative to US currency. That's the beauty of it not being bought and sold in US dollars.

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