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Its time to say good-night to you funny people.
OY!
The Power of a Private-Banker is at Your Fingertips
September 19, 2022
Chad Butler, President & COO of Marygold & Co
The banking industry is rapidly changing, and fintech solutions are revolutionizing how we interact with financial institutions. The modern banking experience is about more than just financial transactions — it’s about convenience, security and style......
https://www.globalbankingandfinance.com/the-power-of-a-private-banker-is-at-your-fingertips/
What are the benefits of a private banker?
How the digital age is transforming banking and financial services
The future of banking is now
Marygold & Co
https://marygoldandco.com/
$MGLD
https://themarygoldcompanies.com/
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We can't express how thrilled we all are that you managed to get MGLD shares at the low yesterday and possibly again earlier today, DrD. With your recent MGLD purchases added to your existing holdings, what does that give you now for a share total.........around 2-3 thousand?
If you keep up this buying spree much longer, ELAL will start to get jealous. Our New Jersey friend doesn't like anyone to be within half a million shares of his own holdings! I also am going to have to sell a decent six figures of MGLD just to stay in his good graces.
Ready for $MGLD earnings? Got my bargain priced shares today, nearly at the bottom, just took a while. (Thank you for waiting, the Dr. will be with you soon.)
Just stop it already lol. Poor DrD means well and technically has been the only one finding anything to share, even at times when others are wondering how on Earth did he find that and then question upper management as to why wasn't it news worthy enough to share. The man means well and I talk to him frequently. Let's not be mean to him for trying!
Trust me, at times I text him and tell him to stop it, but he wants the best for us all and has skin in the game as one says, wink!
We've all made our beds and some were messy at times, I'll be the first to call myself out for that!
Agree to disagree, but let's all work together and be respectful to one another and then we all can just get along as one said it best decades ago, wink!
Hey, DrD, its just after 1 pm here in Manhattan and our MGLD stock is $1.4625 which is up $0.0225 or 1.6% so far today.
Can you give us some guidance as to what you feel about this being a newsworthy enough item for you to bring to the attention of our shareholders?
Diet Coke it is!
ELAL, I don't live or die by what adheres to the MGLD wall as far as what I say here. I let others have THEIR own reaction as to either honorably and honestly accept it for what it is, or run and hide in the woods. Either way, the salient points were made clear about how we view unnecessary MGLD board fodder and it evidently must have stung. Let's count ourselves among the brave who have thick skins and do not run or slink away from confrontation.
Diet coke and we have a deal!
It was reposted since I checked and it too was victim of you-know-what.
See you this week. Giving you a Mazel Tov this evening over a glass of Coke.
Shavua tov!
Not sure why you made sure to put that up a second time. I don't see it getting tossed. Just asking in case I'm missing something.
Take ANY prospectus with a grain of salt the size of a volleyball, Dr.D. I've read a library full of these over the years. They're not not putting these out for the purpose of doing charity work. They need your capital by first gaining your trust. That starts with a well-crafted sales pitch known as a prospectus.
And just what is a PROSPECTUS? The term is obviously derived from the words "prospect" or "prospective", words that in themselves have the same connotation and about as much assurance as an old miner "prospecting" for gold or a wildcatter "searching" for oil. A PROSPECTUS is where a company puts its best foot forward to the reader while verbally being extra-careful to avoid revealing any weaknesses or vulnerabilities in its business plan.
Then they protect themselves with this "safe harbor" disclaimer BS which is, on its face, worthless. Now, tell me, is MGLD's prospectus any great departure from what I've said above?
Fox, the AUM's (or more directly total NAV) of the funds are important because the average NAV totals of each USCF fund determines the management fees collected. Part of those fees go directly to the net income of the holding company (MGLD). More specifically the Gold fund is new so all those fees represent a new income stream, (same goes for the new Dividend Income Fund, and there are yet more funds pending release). The best example of course is USO still in the billion's of $'s of total NAV on its own, a few fractions of a % fee adds up quickly there. In addition each time a large group of shares (baskets) are created or redeemed there is yet another fee. So more fund shares, more total NAV, more fees. Seems at least as good as compound interest.
But don't take my word on all of this, here is a prospectus on USO from a few months back:
USO https://www.uscfinvestments.com/documents/united-states-oil-fund-pro-20220429.pdf
Hopefully that will change in time. Have you ever reached out to Nick or Dave about your concerns and did they just brush you off?
While I agree that the majority of Dr.D posts are useless ( no one cares if the gold etf aum jumped 5000 that day). He does on occasion come up with some useful info like the last article he posted. At least he is trying to get us some awareness unlike the company whose main goal it seems to me is to hide postive events . Only company in my 40 years of investing whose goals it seems is to keep investors in the dark. Sickening !!!!!
Right back at you! Wealthy and Healthy OUT, too!
Agree and have asked this certain person to stop posting, since nobody really cares about the day to day posts and even the company seems surprised by them. Shabbat Shalom, ELAL out!
Curious why you've changed the tone of your voice in less than a month... Just saying...
"The short sellers will pay a signicant price within the next few weeks. Major events unfolding."
You are right on point. But I presume the few of us on this board are all playing with house money after taking a considerable profit and buying back at a 3rd of the price. With that being said lets hope for another run and the success of the Marygold App if it rolls out in our lifetime.
Concerning MGLD's foray into the fintech realm, let's all at last get real, shall we?
There is in actuality very little new ground being broken by Gerber and Co. with MGLD's direction in this area. Perhaps a few enhancements to existing models? Yes, but nothing proprietary, which means that others can copy anything we do and perhaps do it even better.
I don't know if it is because of a lack of overall risk/reward experience in heavier financial matters as to just how many other companies there are that are doing exactly what MGLD is attempting to do that makes some go gaga over their efforts, but the point demands clarification right here and now.
Just where did you think Gerber and Co. got their ideas to go into this field in the first place? From companies that already existed with successful track records. They sensed what could be for them a cash cow without a significant outlay of money into an arena where the times are definitely leading us.
Yet, it is MGLD's cheapness that may make all the difference between success or failure. Keep in mind that the fintech world is being populated with heavy players who have the green to pay far more in customer acquisition costs than MGLD. Business school acumen teaches one this.
Nevertheless, I applaud their efforts because it may yet be possible for them to pull it off, but I stop there because some of you MGLD people, without knowing through real-world experience how things really work in competitive markets, seem to get a little carried away by the aura of potential success without thinking things through from a higher perspective. One cannot minimize this fact.
MGLD's subsidiary Marygold & Co, Facts-&-FAQs
"Marygold & Co. is an all-in-one banking and payment services app offering FREE FDIC-insured accounts with a Debit Mastercard"
https://marygoldandco.com/
Marygold & Co. FAQs
https://marygoldandco.com/faqs/
New US fintech Marygold & Co to provide ‘all-in-one’ payment service
https://www.fintechfutures.com/2021/10/new-us-fintech-marygold-co-to-provide-all-in-one-payment-service/
What Is A Neobank?
https://www.forbes.com/advisor/banking/what-is-a-neobank/
MGLD
https://themarygoldcompanies.com/
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A "HENRY" program? Maybe some will fall for this. I'm sure we'll fill that lending need.
I hope this won't make MGLD's affiliate like so many of these legal lenders who charge exorbitant interest rates for short-term loans. However, my admiration is for those who know how to accumulate capital while specializing in non-borrowing of this kind.
Let's call them "HEDNY's" (High Earners, Don't Need You)
Oh HENREY
New Neobank For ‘HENRYs’ Supplies Its Own Fintech Capital.
"Marygold & Co. plans to bring an unusual mix of banking, payments and investment services to 'High Earner, Not Rich Yet' customers.".....
https://thefinancialbrand.com/news/fintech-banking/new-neobank-for-henrys-supplies-its-own-fintech-capital-152723/
Marygold & Co
https://marygoldandco.com/
MGLD
https://themarygoldcompanies.com/
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MGLD's subsidiary USCF at Future_Proof event September 11-14, 2022 Huntington Beach, California
Future Proof
https://futureproof.advisorcircle.com/wealth/introducing-future-proof-the-worlds-largest-financial-advisor-conference/
Confirmed Partner list
https://futureproof.advisorcircle.com/sponsors/
USCF Twitter
https://twitter.com/USCFInvestments/status/1567908858797989894/photo/1
USCF
https://www.uscfinvestments.com/home
MGLD
https://themarygoldcompanies.com/
Huntington Beach, California
https://www.surfcityusa.com/things-to-do/surfing/live-surf-cam/
.
While I'm on the subject of the beating of the drum by some about MGLD's supposed burgeoning Institutional ownership, here below are my thoughts from 8/24 about this very same issue.
My bottom line on this entire matter: We shareholders seem to have a greater level of faith in MGLD and a deeper willingness to take sizable positions in it than those who would have us believe they oversee the hefty financial means for us to be calling them "institutions" or by their referring to themselves as "funds" in the first place. Read on:
wealthy and healthy
Re: DrD post# 3316
Wednesday, August 24, 2022 7:03:40 PM
Post# of 3348
It would seem to me that if institutional investors were that keen on ownership of this stock, the total amount of their holdings would be far more than just 2/3 of 1% of the shares, which is what is shown by what you included here: https://fintel.io/so/us/mgld
While all interest in us is good news, it appears that all they want to do for now is gargle with MGLD, not swallow. More than a token of commitment is required from those with deeper pockets at their disposal.
Sorry about the duplicate messaging. Thought my original got hung up somehow, but it finally took as I was submitting the second one.
Just what do you mean by saying that "MGLD's Institutional ownership list continues to grow and evolve"?
On 8/24 you posted the following link that noted that current institutional owners had 206,088 shares long of MGLD: https://fintel.io/so/us/mgld.
Now, you just posted a fresh, updated message this morning with the very same link: https://fintel.io/so/us/mgld, that also teases us with the impression of a boost in Institutional ownership, but the share total is still 206,088 shares long.
How can you have an increase in Institutional ownership if the share total they own collectively doesn't change? Do you check for these inconsistencies before you submit things like this or not?
MGLD's institutional ownership list continues to grow and evolve
https://fintel.io/so/us/mgld
File Date Source Investor
-------------------------------------------------------------------------------------
2022-09-06 13F/A IFP Advisors, Inc
2022-08-26 NP Blackstone Alternative Investment Funds - Blackstone Alternative Multi-Strategy Fund Class I
2022-08-25 NP IWC - iShares Micro-Cap ETF
2022-08-19 NP BRSIX - Ultra-Small Company Market Fund Class N
2022-08-15 13F Tower Research Capital LLC (TRC)
2022-08-15 13F Morgan Stanley
2022-08-15 13F Millennium Management Llc
2022-08-15 13F Stifel Financial Corp
2022-08-15 13F Bridgeway Capital Management Inc
2022-08-15 13F Two Sigma Securities, Llc
2022-08-12 13F BlackRock Inc.
2022-08-10 13F UBS Group AG
2022-08-09 13F Proequities, Inc.
2022-07-15 13F Westside Investment Management, Inc.
You've Got Face
Marygold & Co adds a face to newest Elwood Edwards news short.
https://marygoldandco.com/news/
Who is Elwood Edwards?
https://marygoldandco.com/who-is-elwood-edwards/
Marygold & Co.’s novel banking and financial services app names Elwood Edwards the voice of “You’ve Got Money”
https://marygoldandco.com/marygold-co-s-novel-banking-and-financial-services-app/
Voice of AOL’s “You’ve Got Mail” To Be Featured on Marygold & Co.’s Revolutionary Banking and Financial Services App
https://marygoldandco.com/voice-of-aols-youve-got-mail-to-be-featured-on-marygold-co-s-revolutionary-banking-and-financial-services-app/
$MGLD
https://themarygoldcompanies.com/
Marygold & Co
https://marygoldandco.com/
.
Sounds good.
Shalom for now and Laila Tov!
Appreciate the offer and I do want to meet up sometime, ELAL. We'll do it at another time and place for sure.
Buenos Tacos!
Hahaha. Btw, just booked my flight to the annual shareholders meeting in Denver. Will you fly out so we can finally meet and I'll even treat for dinner.
I know, point taken, I was using the Mel Brooks verbal shorthand version from "Blazing Saddles" while dressed as an Indian, he addresses young Cleavon Little's family in their wagon.
LMAO every time I see that scene.
Shvartza is what you meant to write lmao. Lesson learned omfg too funny.
Guess what, ELAL? My neighbor, a transplanted Canadian attorney who lives in the brownstone next to me here on the upper East Side, told me yesterday he wants to learn Hebrew or Yiddish so he can better communicate with his clients. Because I knew the guy was a khnyok, I laughingly pointed to a black guy on a bike and said something to the effect of "Here's your first word to start off with memorizing.........Schvatza."
End of lesson 1. I wished him good luck and suggested he look into Babbel for language help.
End of September I'm hearing...
Great! I'll hold my applause until we know something for sure.
Q4 Earnings about due, some are guessing today, others later Sept.
https://ycharts.com/companies/MGLD/events/1
https://stockanalysis.com/stocks/mgld/statistics/
MGLD
https://themarygoldcompanies.com/
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Gam lecha chabibi!
When we hit $5, I'll treat you to some fine Middle Eastern aka Israeli Food aka Falafel and Shuarma!
Laila tov!
We certainly appreciate your corporate confidence there, Mrs. Yu. 7,000 shares of MGLD is quite a commitment. Just think, you'll only need about 800,000 more shares by the end of 2022 to be where ELAL is headed!
L'chaim to you both!
(Actually, I'm only half Jewish and my wife's Jewish parents are half pissed!)
Yu Got Shares
Form 3 filed by MGLD's director Yu
https://www.sec.gov/Archives/edgar/data/1005101/000117120022000302/xslF345X02/ownership.xml
Spouse of Yu.
MGLD
https://themarygoldcompanies.com/
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"As you wish, my son. May the gods be with you." (Line from a classical Greek play.)
And that's why I'm still buying down here.
ELAL, just another quickie point to make while I'm on the fly:
Remember, MM's are free to play both ends of the action. There is no restriction on how they can influence prices, only on how many days they have to cover, etc.
MM's can even play games between themselves since stocks can have multiple MM's. Who but a fool would think that collusion between them is not a part of their daily bread. Trading between them happens all the time. Smaller cap stocks like MGLD are particularly vulnerable since their shares are not yet widely held by the public, institutions, brokerages or hedge funds and so forth.
So, we remain for the moment a viable and worthwhile company who has not yet reached the radar screens of a wider audience. Lots of small companies went through this before they became household names. Did you know there was a time when anyone could have bought Microsoft shares for a nickel? But, who cared to own them in their earlier days since they were just a couple of guys with a dream who started out working in anonymity in their garage, yet carving out the future we see today?
Think of this: MGLD is in a much better place than it was even a few years ago.
Nicholas and David know what they are doing, as you yourself say. I believe our time is quickly approaching. Let's all stay focused on why we bought this company in the first place and remain within ourselves.
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