Category Archives: finance

I Alone | Līve

Nostalgia

Twenty years ago (circa 1997), Number One Son and I went to a Līve concert at the Cynthia Woods Mitchel Pavilion. Number One Son was 14. The forecast was for rain. Our seats were in the uncovered part of the Pavilion. We brought rain ponchos and a large umbrella. We needed them. We sat in a torrential rain throughout the concert.

The Mrs had been diagnosed with Multiple Sclerosis the year before. My life, all of our lives, were changing in unpredictable ways. The Mrs was going downhill and I was grieving the loss of her quality of life, our quality of life. The medical bills and hospitalizations were taking a toll. Little did I know that it would get worse.

We sat in the pouring rain listing to Līve blast out their songs. I have very fond memories of that concert. I bought two of their albums, Throwing Copper and Secret Samadi  (I think I even bought Secret Samadi at the concert). I used to listen to those albums in the CD player of the Ford Windstar we owned at the time. Perfect music for grieving. I actually own a large collection of CDs that I no longer listen to because we have switched to iTunes. I should probably invest in an external CD drive for my MacBook and begin ripping my old CDs to iTunes, but have avoided doing so.

I heard I Alone earlier this evening in the playlist of a local sporting goods store’s PA system. It brought all those memories back with a vengeance. Music has a way of doing that for me.

Epilogue (Twenty years later …)

The Mrs and I have been married forty-one years. She still battles MS and the diabetes she developed as a result of massive dosage steroid treatments she has received over the years. Twenty years of MS have eaten up all of our finances … and continue to do so. If you and your family are in good health you have no idea how fortunate you are. If you are battling a life altering illness, you know what we have been going through.

I may go dig out my Līve CDs and put them in my car to listen to. I still have grieving to do …

The waiting …

I have been dealing with a variety of issues over the past year and a half that have been stressful, to say the least. My life has been plagued with, let us say … uncertainty. I used to say it was like being on a roller coaster, but now I think it is becoming more like a ride on the Vomit Comet.

To quote Arlo Guthrie (totally out of context) … “you may know somebody in a similar situation or you may be in a similar situation, and if you’re in a situation like that, there’s only one thing you can do … sing it the next time it comes around on the guitar …”

Goldmoney Q3 Results

TORONTO – (February 2, 2017) – Goldmoney Inc. (TSX:XAU) (the “Company”), a financial technology company and operator of a global gold-based financial network, today announced financial results for the third quarter ended December 31, 2016.

Selected Highlights

  • More than 1.35 million user signups with $1.7 billion in customer assets as at December 31, 2016.
  • Added the Royal Canadian Mint’s secure precious metal storage facility in Ottawa as a vault on the Goldmoney Network, and entered into an agreement with the Mint to explore future co-marketing activities that aim to boost awareness and accessibility of precious metals.
  • Completed the Schiff Gold Acquisition and entered into a Marketing and Service Agreement with Peter Schiff; results reflect 47 days of Schiff Gold operations.
  • Launched the new Goldmoney App for iOS and Android.
  • Entered the lending space with the launch of the Goldmoney Maximizer tool, which enables verified Canadian Goldmoney Network users to borrow select currencies against up to 85% of their fully-reserved gold assets.
  • Extend P2P transfer capabilities to Goldmoney Network users residing in the U.S and registered a U.S. subsidiary with the Financial Crimes Enforcement Network (“FinCEN”).
  • Reduced Goldmoney Network fees by 50%, enabling users to deposit, redeem, and make vault-to-vault gold transfers for 0.5% above the spot gold price.
  • Doubled user referral rewards for the Goldmoney Personal Golden Heart™ Program
  • Introduced a connection between Goldmoney Network and Wealth that enables Wealth clients to fund their Holdings with gold balances stored in their Goldmoney Network accounts.
  • Extended peer-to-peer transfers to 49 U.S. states, enabling verified Network users in the U.S. to send and receive gold transfers to and from verified Goldmoney Network users worldwide (excluding residents of the U.S. state of Vermont).
  • Announced Goldmoney Network accounts and Wealth Holdings had been endorsed as Shariah-compliant by the Shariah Supervisory Board of Amanie Advisors, which issued the fatwa in accordance with the Shariah Standard on Gold set by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and developed in cooperation with the World Gold Council.
  • Launched additional payment integrations allowing for direct-to-bank redemptions and credit card processing in Indian rupee for Goldmoney Network.

 Click HERE for the complete report

 

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https://www.goldmoney.com/newsroom/investor-relations

 
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