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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 stitch1956on Sep 08, 2015 10:01am
98 Views
Post# 24085022

RE:RE:So many reviews at trustpilot

RE:RE:So many reviews at trustpilotUnfortunately regarding financai literacy, you do not seem to understand money. A fractional reserve system is just what it sounds like: there is not enough money in circulation to honor the claims on a bank.
Bit gold if it were a currency would be 100% backed commodity money.  

Regarding gold iitself, since 2000 gold has a 10% annualized return, the S&P is roughly 4%. Go back to 1971 as a start date, same result gold outperforms stocks.

However, gold is a store of vlaue and should be measured against the dollar and we know the answer there as well. $35 an ounce to $1100 since going off the gold standard.
Bullboard Posts