Making use of GoldMoney’s Pre-loaded Cards

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, July seven, 2016

At Goldmoney we have observed that account holders sell gold to preload their Goldmoney cards when gold rises.

This can make sense. Men and women are using their accounts as funds, which is exactly what they ought to be carrying out.

A Goldmoney payments account compliments a fiat currency account and offers men and women alternatives. Absolutely everyone who has a Goldmoney account also has a conventional debit or credit score card, the two of which they can use for day-to-day payments. By running a Goldmoney account alongside a conventional bank card, you give oneself additional payment flexibility.

Let us presume you plan to take an individual out to dinner. Beforehand you appear at the cost of gold. If it is up, measured in your typical currency, preloading your card to pay for your dinner will make it significantly less pricey than making use of your regular financial institution card, compared with yesterday. If the gold cost is down, you just use your bank card.
In other words, you use the income that provides you the ideal deal.

This is the point about cash. It is not an investment, so computing what you initially paid for gold and your profit or reduction on it is not the stage. You have to seem at it as a competing kind of money, which can give you an financial advantage.

I don’t feel any analysts have adequately described the benefits of becoming in a position to use two different forms of funds for day-to-day purchases, since this facility has been seldom accessible till now. …

… For the remainder of the report:

https://www.goldmoney.com/investigation/goldmoney-insights/using-goldmoneys-p…



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Gold Anti-Believe in Action Committee – Exposing the prolonged-phrase manipulation of the gold industry

GoldUSD 1,293.40   per Ounce
SilverUSD 17.28   per Ounce
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