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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 Oct 17, 2015 2:28pm
171 Views
Post# 24201530

Heads up!

Heads up!Im wondering how secure Bitgold/Goldmoneys gold deposits are if with Wells Fargo Bank. Everyone with gold on deposit should read the following and ask them as per the following warning: https://www.321gold.com/editorials/thomas/thomas101615.html EXCERPTS: banks have become less attractive and even suspect. Last year, US banks began notifying their depositors that cash and precious metals would no longer be acceptable in bank safe deposit boxes. Some investors recognised that they were being pushed by the banks to convert bullion to cash and put cash on deposit. Those who were well-informed were already skittish, as the US, like the EU and Canada, has passed bail-in legislation that allows banks to confiscate depositors money. Consequently, many wisely chose to take out their cash and bullion and move it to wealth storage facilities. JT: And the reason why they would be safer? MY: It may be legal for the banks to confiscate your money, but it certainly isnt legal for a wealth storage facility to do itsavvy clients will not store their metals in a commercial bank. Theyll seek a private depository that specializes in precious metals storage Some investors recognised that they were being pushed by the banks to convert bullion to cash and put cash on deposit. Those who were well-informed were already skittish, as the US, like the EU and Canada, has passed bail-in legislation that allows banks to confiscate depositors money. Consequently, many wisely chose to take out their cash and bullion and move it to wealth storage facilities
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