Bitcoin just broke $1,000 and hit a high of $1,031 up 94% since NIA suggested it on May 30, 2016 at $531.56. NIA predicted that Bitcoin would make a huge short-term rally due to its halving event that NIA said would occur in July – reducing the annual Bitcoin inflation rate from 8% to only 4%. Bitcoin is up 7.4% for the day, up 16.2% for the past week, and up 33.4% for the past month! It is rapidly approaching its all-time high reached in December 2013 of $1,151! The market cap of all Bitcoin outstanding just reached a new record high of $16.57 billion!
With Bitcoin prices exploding, NIA expects the stock of GoldMoney (TSX: XAU) to explode in the days/weeks ahead. Already, XAU is up 10% from NIA’s suggestion price of $2.98 – finishing last week at $3.28 per share!
GoldMoney is a Bitcoin-like digital payment platform that connects gold stored in real-world vaults with online payments. GoldMoney allows for the instant settlement of gold trades so that a users’ gold is easily acquired and accessible across various payment networks. GoldMoney provides the advantages of Bitcoin payments – faster and cheaper digital cross-border transactions – combined with the advantages of gold as a store of value.
GoldMoney offers the most competitive rates in the industry for buying and selling gold, and is the only platform that allows users to spend from their gold account. GoldMoney accounts are free and can be opened in minutes. New users are provided with a secure vault account to purchase and hold gold, the ability to make and receive instant gold payments, and a debit card for spending gold at traditional points of sale.
XAU’s revenues have been exploding, rising from $2.895 million in 1Q 2016, to $66.51 million in 2Q 2016, to $81.07 million in 3Q 2016, to $109.32 million in 4Q 2016, to $113.91 million in 1Q 2017, and to $141.17 million in 2Q 2017. XAU has just acquired Schiff Gold (formerly Euro Pacific Precious Metals) the precious metals business of Peter Schiff, a well-known gold investor frequently featured on CNBC and FOX Business. XAU has also entered into a joint venture agreement with Peter Schiff to market the GoldMoney service as the best place for his followers to buy gold.
In NIA’s opinion, XAU will soon be trading well above $5 per share and is a no-brainer below $3.90 where the company successfully raised $36.6 million less than one year ago.