A leading global operator of a gold-based financial network, Goldmoney Inc., listed on the Toronto Stock Exchange (TSX) under ticker XAU, today revealed that it has entered into an agreement to acquire US-based precious metals dealer Schiff Gold Inc (SGI. Shiff Gold Inc is owned by the talking mouth piece piece of shit otherwise known on this blog as Peter Schiff and it seems the farce of mergers and acquisitions of company's has now found its way onto the gold pushing companies and gold media of the internet.
The deal includes a consulting agreement between Goldmoney and Euro Pacific Asset Management LLC, as part of a joint venture between Peter Schiff and Goldmoney, and involves roughly $5.3 million CAD worth of XAU shares (1,063,000 shares at $5 CAD) , as well as 1.4 million common share purchase warrants that can be exercised at different strike-prices over a ten-year period.
Source: LinkedIn
Peter Shiff is the biggest name of the mainstream gold media complex--this being a bunch of YouTube and on-air internet personalities who pretend to talk the economy and news when in and in they are just your average everyday door to door salesmen. The only difference is that instead of being owned by decaying vacuum companies these mane are owned by the masters of gold and they can produce some slick programming through the internet that looks pretty God dam legitimate.
While most of them cover real news and are not bogus as the Facebook. Peter Schiff is cool man. I tell you watching this guy try to make a case to drop the dollar in the US economy and go back to the day of the gold coin and carrying around sandglasses around your neck to buy some smokes or candy bars at 7/11 would be radical.
You can sprinkle some dust and the clerk can measure while a line form impatiently waiting for their turn to pay their gold dust. I wouldn't be surprised if the character in WWE wrestling of olddust was bought and paid for to the World Wrestling Entertainment through this peter pricker eater Schiff. Schiff is a kleptocrat that runs a hedge fund and uses his profits to pay for his own radio show for himself and to be a guest of all of these other shows trying to influence boob tube watchers and others into thinking this man is made of some economic intelligence. CNBC should be ashamed for the number of times they had this clown on their airwaves.
This is a gold pusher no different than your street corner dope pusher ahhhh one would find in various corners of urban America. The only difference being that they cannot fund a YouTube infrastructure to speak about the growing importance of the fed cutting rates and how the need to invest in marijuana and meth is needed more than ever due to increasing inflation and the perpendicular reflex resource model of some professor of Economics in the forties.
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