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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 Sinbobon Jul 20, 2015 12:06pm
125 Views
Post# 23940824

Price is what you pay ... value is what you get.

Price is what you pay ... value is what you get.Barrick Gold just hit its 1990 low price of about $10.50 and is down from its $54 dollar high in 2011. When all this fantasy trading ends and real price discovery resumes, I look for ABX (and its peers like Goldcorp) to be at least 10 baggers in short order. The paper capitulation area is near (this Fall?) as the money printers just today doubled down from last Thursday and puked up over $2.7 billion in sudden notional paper sales in the weak overnight Asian markets to continue to criminally suppress gold (and silver) with flash crash bravado. Of course all this is in the face of the fact that there are now almost 100 owners for every ounce of real gold for sale via the COMEX. So, if only two contracts were to claim their physical gold, there would be a default or the second one and the other 98 would have to accept degrading $US paper promises or IOUs. Physical demand for both gold and silver is much greater than supply globally. Central banks in the East have been devouring gold for years now with China grabbing over 2000 tons/year for years (despite what they say they hold). Gold is not phantom collateral. It is no ones debt. It is globally, immediately accepted as a medium of exchange and store of value. It is real collateral versus the banks phantom collateral. Bitgold nimbly expedites the process of exchanging real value/collateral utilizing todays rapid, universally accessible technology. Talk about a safe haven! Thank goodness it is not U.S. located or dependent. The U.S. and other markets are overbought, over bullish and over valued as the internals continue to deteriorate. Gold and silver and their stocks are extremely oversold, undervalued, pessimistic to the extreme (and ready for a huge reverse). As so many qualified experts have been saying, this will all end very badly for the unprepared, those left without real things/assets and dependent upon a bank.
Bullboard Posts