TORONTO--(BUSINESS WIRE)--GoldMoney Inc. (TSX-V: XAU), a full-reserve and gold-based financial service and technology group, announces that Stefan Wieler has joined GoldMoney to launch GoldMoney Insights, an independent research business that will analyze macro markets trends, gold and currency, as well as energy and commodity markets.
Stefan is a highly regarded commodities market strategist, previously a Vice President at Goldman Sachs in Commodities Research, leading the oil and petroleum products research under renowned economist Jeff Currie. Stefan was then head of research and analysis at BBL Commodities, a commodity focused hedge fund that returned 51.3% net of fees in 2014, the second best performing absolute return fund tracked by Hedge Fund Intelligence and winning "New Fund of the Year" at the Absolute Return Awards.
GoldMoney Insights will launch over the coming weeks along with a new GoldMoney platform and new features for the GoldMoney Precious Metals and Wealth business. GoldMoney Insights will include the well followed research and commentary of Alasdair Macleod, GoldMoney’s head of precious metals research, as well as contributing research and analysis from GoldMoney founder James Turk and BitGold founders Roy Sebag and Josh Crumb, all having well established track records on the buy-side and sell-side at leading financial institutions.
“We are excited for the pending launch of GoldMoney Insights, and pleased to provide our clients the unmatched global research quality of analysts like Stefan, Alasdair, and James,” said Josh Crumb, GoldMoney CSO. “I previously had the pleasure of working with Stefan on what was probably the world’s top commodity research team, and I know that he will deliver to our clients the kind of original research and frameworks that can transform thinking in these markets.”
“We believe there’s a fundamental misunderstanding of gold as it relates to savings and currencies in the consensus commentary of market advisors and the academic economists so entrenched in these markets” said Roy Sebag, GoldMoney CEO. “We don’t concern ourselves with being bullish or bearish as a bias, as is so often the case in precious metal commentary, but rather, on building the framework and understanding to just be right. This will be a great service we can offer to our clients and stakeholders.”
“Commodities, and particularly energy, are a major driver for people's cost of living. Gold is the only currency for savings that naturally reflects this cost of energy, which makes it an ideal store of value,” said Stefan. “What Roy, Josh and James did was to free gold to once again be what it always was, money. I am very excited to join GoldMoney as I believe that what we offer to our customer will have a profound impact on their lives.”
GoldMoney Inc. is a global, full-reserve and gold-based financial services group. GoldMoney provides financial services as a trusted, limited third-party, combining the unique attributes of gold with technology-driven innovation. Through GoldMoney® the company offers precious metals custody and wealth services, trading and execution, and independent research to individual investors and institutions. Through BitGold™ the company operates a self-directed savings platform and a payments network allowing individuals and businesses to make or receive online, in-store or mobile payments. GoldMoney Inc. has over 250,000 clients from over 200 countries and $1.5 billion in client assets under administration. GoldMoney is regulated by the Jersey Financial Services Commission (JFSC) as a Money Services Business. The JFSC is the main supervisory body that oversees and regulates Jersey's large financial services industry. For more information on BitGold, visit bitgold.com. For more information on GoldMoney, visit ir.goldmoney.com.
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