Interesting to note that the Soros-backed gold dealer GoldMoney has suddenly decided to stop accepting or holding Bitcoin for customers. Customers MUST elect to liquidate their GoldMoney Bitcoin holdings into cash before May 6th, or convert them to precious metals. The third option is customers can receive their Bitcoin holdings to a private wallet, but GoldMoney has not announced any procedures for doing so.

If I had to guess, GoldMoney is in trouble. I doubt the whol operation has been entirely above-board, especially with Soros in the mix. Was the whole operation always a means to steal from the people once the Cabal tried to collapse the global economy? That's the problem with gold custody services–how do you, the individual customer, ever audit them?

Bitcoin however is much more easily audited. The Bitcoin blockchain is in and of itself a self-auditing machine that conducts a real-time global audit every 10 minutes.

GoldMoney weirdly has kept its Bitcoin custodial holdings "private" – even customers can't see their own wallet holdings. And it makes me wonder if the long arm of the law (the Good Guys for a change) are breathing down GoldMoney's neck. That part is speculation, but you gotta wonder if GoldMoney is being told to clean up its act. Do they really hold the Bitcoin they claim to hold for customers or don't they? I'm thinking they probably don't, and will be all too happy if a customer chooses cash instead. Otherwise, GoldMoney has to go out into the real world and buy real Bitcoin that they otherwise might not have in their possession to cover redemptions.

Just have to watch how this one plays out.