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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
Comment by GrandpaBrianon Jul 16, 2015 9:52am
89 Views
Post# 23929393

RE:PayPal and BitGold

RE:PayPal and BitGoldYou raise several pertinent points, v6tdaines. The payments market is measured in trillions (trillion is the new billion). It is serviced by all manner of players, from banks to credit cards to PayPal and Apple. Its a market in disruption and those who can add technological innovation will prosper.

Secondly, PayPal will be priced in the $40s and carry a multi-billion market capitalization. A good example for BitGold of what can happen if you get it right. In this light, the recent addition of Darrell MacMullin, former CEO of PayPal Canada, is significant.

Thirdly, you raise the prospect of BitGold becoming an acquisition target. No doubt there will be a number of companies out there already looking at this story and doing their calculations. Nevertheless, I hope BitGold (soon to be GoldMoney Group) remains strongly independent and true to their mision. There is more to BitGold than a payments system. The mission to empower people globally and offer a true gold currency requires focus, passion, and commitment.

Shareholders will be better rewarded by growing the company than by flipping it. Just ask Elon Musk what he thought about selling PayPal to eBay. 
Bullboard Posts