James Turk and his eldest son Geoff Turk founded GoldMoney in 2001. Both understand gold's usefulness as a financial asset and value its worldwide role as money.
Their ambition has been to share their views on sound money with the wider public while using the internet to provide a new way to buy and store gold and silver. The opportunity to preserve purchasing power and diversify wealth with precious metals had previously been inconvenient and expensive. GoldMoney now offers the best way to buy gold, silver, platinum and palladium online and safely store these precious metals for you.It is GoldMoney’s vision that the benefits and dependability of gold and silver should be easily available to everyone, while providing its customers with assurances of integrity so they know their money is safe. GoldMoney offers the best way to buy gold, silver, platinum and palladium online and storage for all of these precious metals.
GoldMoney is a profitable, privately owned company without any debt, so its financial position is sound. Its books are regularly audited by a Big 4 accounting firm, and its shareholders are focused on ensuring the long-term safety and security of its customers’ assets.
GoldMoney is owned by well-established investors, including IAMGOLD (one of the 10 largest Canadian gold mining companies) and Eric Sprott, Founder & Chairman of Sprott Asset Management. Other notable shareholders include Doug Casey, Chairman of Casey Research, and David Tice, Founder of the Prudent Bear Fund. The Turk family is also a major shareholder.
GoldMoney's main office is located in Jersey, in the British Channel Islands. Jersey is a British crown dependency situated in the English Channel near the north-western tip of France. GoldMoney's website and database servers, also located in Jersey, are housed in a secure, state-of-the-art data centre.
GoldMoney is regulated by the Jersey Financial Services Commission (JFSC). The JFSC is the main supervisory body that oversees and regulates Jersey's large financial services industry.
Jersey enjoys a global reputation as an important financial centre. It has achieved this position with its well-developed financial and professional services infrastructure, a legal system based mainly on English common law, and a stable political environment. Jersey's data privacy laws also meet a high standard. GoldMoney in all respects operates within the legal framework and the data privacy regulations applicable in Jersey.
GoldMoney is registered with the JFSC as a Money Service Business, and its regulated status can be confirmed by searching for 'Net Transactions Limited' on the JFSC website's regulated entities search page: www.jerseyfsc.org/money_service_business/regulated_entities/index.asp
GoldMoney's registration certificates can be viewed in our Certificates & Reports section.
GoldMoney is the registered business name of Net Transactions Limited, which provides metal storage and metal payment services for its customers. GoldMoney's affiliate company, Net-Gold Services Limited, handles the purchase and sale of precious metals. Both companies are incorporated in Jersey and are wholly owned subsidiaries of GoldMoney Network Limited, the holding company of the group that is incorporated on the Isle of Man.