GoldMoney Updates

GoldMoney continue to add new features, like storing gold in Zurich. New efficiencies enabled them to lower their metal-to-metal exchange rates by 20%. And they are particularly pleased that customers can now keep money in the Segregated Customer Funds accounts at their banks in the Channel Islands. This new service has made GoldMoney more convenient by enabling members to avoid the time and expense of transferring money for each buy or sell order. More exciting developments and new products are planned for 2008. First up will probably be a gold and silver IRA product for their customers in the U.S. Silver storage in Zurich is a high priority, as is offering storage in more countries around the globe to give members an even greater choice of locations to diversify their precious metal holdings. Customers next year will be able to exchange directly between currencies, for example, exchanging US dollars directly into euros or pounds. And they will continue to re-establishing electronic checks for our U.S. customers.