If you have been following this blog for some time you know that I have made numerous posts and have been an avid supporter of a company called Goldmoney Inc. (formerly BitGold). The following search links should provide some background:
Goldmoney is a game changing FinTech (Financial Technology) company with the goal of making gold useful as money again. Unlike all of the world’s paper (aka fiat) currencies, gold has held its value as money for over 5000 years. Goldmoney gives the average person the ability to save in gold with extremely low and reasonable fees. All gold held in Goldmoney is 100% allocated to users which means that every gram owned by every account user is physically stored in one of several vaults around the globe (you select which ones) and associated with each user. This is not “paper gold”, gold contracts, or gold ETFs. This is real gold. You can take delivery of your gold in a variety of forms (cubes, bars, coins, etc.) if desired. Buying and selling gold and transferring funds to and from your bank is quick and painless. The features and functionality provided by Goldmoney have expanded significantly in the two years or so since the company IPOed, as has its user base and assets under management. As a publicly traded company it is open to the highest levels of oversight and transparency.
The reason I am writing this today is that the co-founder and major share holder, Roy Sebag, has posted a request to the Goldmoney forum asking the forum members to combat the misinformation about Goldmoney Inc. that exists on the web. Much of this mis-information is merely ignorance of Goldmoney Inc. The rest is put forward by people with their own agendas.
All I ask of you, my good readers, is to keep an open mind and read Roy’s post below.
Many money, currency, and precious metals expects are predicting that gold could go to $10,000 an ounce in the near future as global currency wars, real wars (Syria, North Korea), and Trump policies (or failure thereof) come into play.
Ignorance is most certainly NOT bliss.
Information is power.
As John Pierpont Morgan said before congress in 1912 … Money is gold, and nothing else.
cb (aka @79Au197 on the Goldmoney forum and @d4t4wr4ngl3r on Twitter)