Tag Archives: money

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

 

View the Real Time Audit


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

 
Learn more and signup using the special URL   https://Goldmoney.com/r/niKIos   to earn a bonus of 5% additional gold on your first deposit (up to a maximum of 0.5 grams of bonus gold) if you make that deposit within 7 days of signing up.  Please note that wire transfer deposits are not eligible for the first deposit bonus.

 

Make Money Great Again

Sign the petition at https://www.mmga.org/

A petition to be presented to President Donald Trump to sign an Executive Order that allows a choice in currency consistent with the spirit and intent of the Constitution. https://www.mmga.org/#choice

THE PETITION

We The People request the new administration Make Money Great Again; that gold and silver may freely be used as money alongside United States dollars.

The Constitution explicitly recognizes gold and silver as money. We therefore petition that:

  1. All tax discrimination against gold and silver must cease, including the removal of all capital gains tax on holdings of, and transactions in gold and silver, and;
  2. That all impediments to using gold and silver as constitutionally-recognized money be removed.

We Petition the Administration to sign this Executive Order to Make Money Great Again.

 

The full text of the proposed executive order is below and HERE (PDF)


Sign the petition at https://www.mmga.org/

Hidden Secrets of Money Episode 1

By Mike Maloney (2013)

Money vs Currency (26 minutes)

Episode 1 of a series. These are excellent primers on money, the history of money, and an analysis of where we stand today. At under a half hour it is well worth the time to watch. I hope that you will find these as enlightening as I have.

I plan to post the entire series on a day-to-day basis. If you are impatient you can find them on YouTube at 

http://www.youtube.com/user/whygoldandsilver

or at https://goldsilver.com/hidden-secrets/

Four Horsemen

Today’s Four Horsemen

  • socially organised violence
  • debt, 
  • iniquity
  • poverty

From Rotten Tomatoes 

The Four Horseman is a independent cinematic feature documentary which lifts the lid on how the global economy really works. Living in the age of consequence unfettered growth and profit seeking have pushed humanity to the brink. Today’s Four Horsemen – socially organised violence, debt, iniquity and poverty control all of our lives. They’re gathering momentum, decimating communities and compromising future generations if they are not arrested the planet will gallop to a logical conclusion.

  
  

  

http://www.fourhorsemenfilm.com

Interview with Roy Sebag

October 2015 interview with Roy Sebag Founder of BitGold and CEO of GoldMoney

This is a one hour interview with the founder of BitGold. Roy Sebag is a smart, knowledgable, articulate dude.  

Regardless of your current feelings about gold, if you work and want to safeguard the value of your earnings you owe it to yourself to watch (listen really) to this video. Roy talks about concepts of money, value, investments, and of course … the BitGold platform. 

No hype. No scare tactics. Just information. 

I hope you find it interesting.

  

For more info go to https://www.bitgold.com

PS   I was just notified that this was my 1,000th post 😎

How Much is Enough

Today on the Summer of Reblogs  … a double-reblog treat. A reblog of a reblog. I originally reblogged this back in January of this year. It is a short tale of the American Dream … work hard, grow rich, retire to a life of leisure … but with a twist. 

It is a parable we should all keep in mind as we chase the dream.

The American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.

See the rest of the story at

https://contrafactual.com/2015/01/05/how-much-is-enough-a-story-from-jimmy-johns/
PS one of the commenters observed that the story is a variation of http://en.m.wikipedia.org/wiki/Anekdote_zur_Senkung_der_Arbeitsmoral another that it was the basis of a Kenney Chesney song, The Life.