Goldmoney Inc. Investor Relations Presentation - December 2017
GoldMoney June 2013 - MiningMaven Presentation 05.06... · 2017. 4. 2. · GoldMoney’s products...
Transcript of GoldMoney June 2013 - MiningMaven Presentation 05.06... · 2017. 4. 2. · GoldMoney’s products...
June 2013
GoldMoney
Presentation Title 2
What is money?
• Replaces barter
• Must have no price
• Its use-value has to be constant today and in the future.
• Must be accepted by everyone we exchange goods with
• Must survive the Regression Test
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King Alfred’s jewel
“Aelfred mec heht gewyrcan”
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Snettisham torc
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Declaration of intent
“The U.S. government has a
technology, called a printing press
(or today, its electronic equivalent),
that allows it to produce as many
U.S. dollars as it wishes at no
cost.”
Ben Bernanke, Federal Reserve Chairman
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US money-printing
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Euro M1 up 150% since 2000
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Japan M1 rises 100% since 2000. Due to accelerate from
here under Abenomics
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UK M1 up 200% since 2000
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Economy
All major economies are failing under the burden of taxes, debt,
intervention and excessive regulation
Banks are insolvent
The purpose of zero interest rates is to value loan collateral at the
maximum. A rise in bond yields will wipe out bank capital.
Excess government spending
Governments are now financing their tax shortfalls by money-printing.
They cannot afford a rise in interest rates.
Welfare costs are escalating rapidly
Welfare costs are already out of control
The four big issues facing currencies
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Central banks are trapped. If they let bond yields rise,
government borrowing escalates just to pay the interest.
Banks would collapse under declining collateral values
and indebted businesses made bankrupt.
Yet this, in conjunction with the abandonment of welfare
spending is the action required to save currencies from
extinction.
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Central banks
Suppress the price of gold to de-monetise it.
Western central banks have sold much of their gold reserves without
declaring it in an effort to suppress the price.
Bullion banks
• Trading in paper gold is extremely profitable.
• Trading turns, commissions, fees, collateralised lending
• Focus on unallocated accounts for fractional-reserve gold banking.
Result
The expansion of forward settlement and futures trading activity
defuses demand for physical in Western capital markets and
suppresses the price.
The cover-up
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Western values
• Paper markets are the tail that wags the physical dog.
• Investors treat gold as a profit opportunity
• Increasing physical demand to insure against systemic risk
• Net effect: West undervalues gold relative to East
Eastern values
• Only interested in possession of physical gold.
• Middle East from 1970s oil crisis looked for safe haven from dollar
• India buyers from time immemorial
• Chinese citizens have been buyers since 2002
• SCO governments all adding to their gold reserves
• Net effect: gold flows from West to East
Result
Severe shortages of physical developing in the West.
The inevitable shortages develop
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Currencies are in entrenched bear market against gold. With accelerating money-
printing this is unlikely to change.
Price of currencies in gold
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US money-printing
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3 months free storage for Mining Maven attendees
We will waive the storage fees for all metals for the first 3 months after
opening an account with GoldMoney
How to make use of it
• To make use of this offer, contact Paul Buitink at
[email protected] for more details
• Paul will be available this evening for more information about
GoldMoney’s products and services and this special storage offer
Disclaimer
Going for Gold 17
Please note that the information contained in this presentation is only intended to provide a very general overview of
the matters to which it relates. It is not intended as financial advice and should not be relied on as such. Potential
investors should, before acting on any information contained herein, consider its appropriateness having regard to
their personal objectives, financial situation or needs. We recommend investors obtain financial advice specific to their
situation before making any investment decisions.
GoldMoney is regulated by the Jersey Financial Services Commission for the conduct of money services business
under the Financial Services (Jersey) Law 1998.
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