RE:RE:RE:GoldMoney vs Spot PriceYou raised a good question. In the markets, everything is related, even when they are not.
Rumour has it that about half of the people signing up for a BitGold account have not bought gold beofre. I submit that these folks found it a lot easier to add to their holdings when the gold price is going up.
Looking in the rearview mirror, if GoldMoney Inc had launched four years ago, I doubt it would have survived four years of declining markets. It certainly would have been harder to grow as fast as we have seen this year. A rising tide lifts all boats?
That being said, spot gold is one market and XAU.V is quite another.