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

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Post by zeroboot1on Jul 06, 2015 11:15am

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Post# 23894664

Paypal looking for things to buy...maybe XAU?

As it prepares for its July 17 split from eBay (NASDAQ:EBAY), PayPal (Pending:PYPL) is on the hunt for international acquisitions to drive growth and fend off predators, chief executive Dan Schulman told the FT. "The balance sheet affords us the opportunity to look opportunistically where it makes sense to acquire," said Schulman. "I think there is a tremendous opportunity to look across the world." Last week PayPal announced it would spend nearly $1B to purchase Xoom, a digital money transfer provider, and more acquisitions now seem to be on the horizon.

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