Bitgold Inc fka XAU

[BajaWizard]

IDK why the drops.

Good concept , but, don't like it's movement especially the first weeks of Jan it followed the Indexes down!

I would have thought this would be in sink with gold.
It will probably do well as the US dollar drops?

Appears to me that getting the card is far more advantageous then this rite now. Besides not much volume, especially the OTC.

It seems pretty safe, see below link, although I prefer to have my gold in hand,( it's a good way to get you currency out of the banks and into real money) and you do not get charged for storage , but, there are transaction fees. Will have to look further into the fees to see if they can force you to use the card as that is the only way they make their money. They probably have a yearly 'maintenance' fee. Will be doing more DD in this.

Only apprehension I have,as with Bitcoin, is if the ATMs and/or systems go down, which is small likelihood. That's why getting as much out of the 'system' as possible, except for a couple of precious metal miners, maybe some oil once it bottoms, and a little day trading, she's too skiddish for even long swings for my liking. Also, a Bitcoin card, and looking at a couple of small foreign properties, micro farm/ranch, in 2 different countries. No you don't need much, $50K in each country, 2 -3 acres, and $200 a year taxes in one and $50 a year in the other. So not much in carrying costs. Can't think of better insurance/vacation property, and better weather too. Don't understand why people are holding on to their overpriced houses in the western world when they can rent and invest the money if they sell now before the coming crash in real estate!? They can always wait for the dust to settle and buy back in with pennies on the dollar. Just like the elite have done with all the past collapses.

Cheers

http://www.stockhouse.com/companies/bullboard/v.xau/goldmoney-
inc?postid=24507708

Don't know if you have come across this:
http://www.stockhouse.com/companies/bullboard/v.xau/goldmoney-inc