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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 lamothzeon Feb 16, 2018 9:14pm
150 Views
Post# 27576273

RE:RE:Goldmoney community highlights

RE:RE:Goldmoney community highlightsAs a customer:
I have used the "Personnal/Network" account since its very beggining. I have not converted to the holding because the process is too complex compare to what I would get by doing to switch and some basic features are not even on par yet with the Personnal account like ACH transfers (I think, I haven't checked in a while). I still use that account just to store gold without storing fees.

I have used it multiple times (around 50 times) to load on my USD and also EUR mastercard when travelling. I never had any issues to load my cards. My USD card was cloned once and I reported the transactions and it was solved right away like any other mastercard. The only weird thing was that the number to reach at the time was in Germany. But all the rest was fine.

I also use the ACH transfer from and to my US and Canadian Bank account regularly. Both work without any incident multiple times. For one of my bank account, I had enterred the wrong number (I was missing a number the one you can only find on a check) and the transaction was reverted automatically without me even reaching out to support.

I would probably use the holding to buy crypto or silver but I'm not willing to go over all the checks they require.

I have stopped using the cards simply because I don't want all the taxable events and I don't need a USD and EUR card these days


As a shareholder:
I think they moved away from the mass market (users like me) and more toward the big $$ like the old Goldmoney was. As a shareholder, I'm ok with that, I think they tried but they saw it was not the best. I'm looking forward for the Mene spinoff in summer, I was not really for Mene at first but now I like it and it seems to be doing fine (no hard numbers to prove it).

I'm happy they moved away from crypto speculation it was unclear and kind of strange and it probably part responsible from the last drop from 7-8$ to 3-4$. I bought low enough not to be bothered too much but the up and down swings of this stocks.
Bullboard Posts