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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 27, 2016 12:42pm
130 Views
Post# 25088896

RE:RE:Jeff Nielson's articles

RE:RE:Jeff Nielson's articlesBy all means if you think combining digital technology with gold to offer the world a functioning alternative to fiat currencies is a dumb idea, then you should short Goldmoney. If offering a PayPal-like service backed by gold sounds like a dumb idea to you, then going short should be a slamdunk.

if making it possible for billions of poor people to buy, save, and spend gold even at a dollar or two a time sounds stupid to you, then short the hell out of it for sure.

while Peter Schiff will be an active advocate for Goldmoney, it will continue to be managed and controlled by Sebag and Crumb and its existing board of directors. If you think that going against invedtors like Sprott, Soros Brothers, and some funds that have a trillion under management is a no-brainer, then take the plunge and short the hell out of it.

i, on the other hand, am not as brave as you appear to be. Please let us know how going short works out for you.
Bullboard Posts