SendGold

November 10, 2020

Whether you’re welcoming the goddess Lakshmi into your home and ushering in a year of prosperity, celebrating the return of Rama and Sita after a long exile, worshipping the goddess Kali’s destruction of evil forces or Lord Krishna’s victory over evil; Diwali celebrates the triumph of good over evil, and that celebration is universal. Times of celebration are when we truly feel the value of a community, and there’s nothing that can make us miss the good old days, pre-COVID-19 and social distancing than the festival season. This Diwali, many of us won’t have the opportunity to spend it with our loved ones or celebrate the same way we used to, but that shouldn’t change the significance of the day and what it means to us. The triumph of good over evil, and light over darkness, isn’t always straightforward or easy, and the COVID-19 crisis has only served to remind us that the battle to see good conquer evil is in our hands. When it comes to ensuring the safety of ourselves, our loved ones, and our communities, taking steps to follow public health guidelines, including social distancing and other necessary precautions, is a personal responsibility. In Sanskrit, Diwali translates to a row of lights. It is a fitting name, given that there’s no celebration that lights up the world quite like Diwali. At a time of social distancing, global uncertainty, and widespread anxiety, however, it can be difficult to conceive of new ways to celebrate the festival of light while protecting the health of your loved ones and the wider community. Finding ways to connect in spite of social distancing can be challenging, especially if you’re used to travelling to be with your family during Diwali. Being away from your family and friends is a difficult adjustment, especially during times of celebration. This doesn’t mean, however, that you need to spend the festival season feeling lonely or alone. Video calling your family, making your favourite food, sending your loved ones gifts to show them you’re thinking of them this Diwali, or even lighting your own row of lights will help you celebrate the festival of light despite these unusual circumstances. The challenges you’re forced to contend with, this year, may not feel quite as noble as fighting off evil, and your separation from home may not be as long as a fourteen-year exile. Regardless, every little step counts—stay connected but stay safe. No matter how dark Diwali in 2020 may seem to you, let this season remind you of all that is good in the world. If you find yourself away from your family during this time, reach out to them and remember that despite being unable to be with them in person, you can still celebrate together. Social distancing aside, your golden Diwali can be just as bright when you give the gift of gold safely. Benefit from our exclusive Diwali offer, when you purchase gold virtually with SendGold this year! Receive a 2% top-up on the value of all the gold investments you make, right up until midnight on the 30th of November. Earn up to AUD 250 with no minimum purchase amount. Start your year off on the right foot with an investment in gold.   SendGold shortlisted in three categories for MyBusiness Awards 2020 A shine of certainty in an uncertain world SendGold wins best Investment Innovation at the Finder Innovation Awards 2020  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

November 10, 2020

Whether you’re welcoming the goddess Lakshmi into your home and ushering in a year of prosperity, celebrating the return of Rama and Sita after a long exile, worshipping the goddess Kali’s destruction of evil forces or Lord Krishna’s victory over evil; Diwali celebrates the triumph of good over evil, and that celebration is universal. Times of celebration are when we truly feel the value of a community, and there’s nothing that can make us miss the good old days, pre-COVID-19 and social distancing than the festival season. This Diwali, many of us won’t have the opportunity to spend it with our loved ones or celebrate the same way we used to, but that shouldn’t change the significance of the day and what it means to us. The triumph of good over evil, and light over darkness, isn’t always straightforward or easy, and the COVID-19 crisis has only served to remind us that the battle to see good conquer evil is in our hands. When it comes to ensuring the safety of ourselves, our loved ones, and our communities, taking steps to follow public health guidelines, including social distancing and other necessary precautions, is a personal responsibility. In Sanskrit, Diwali translates to a row of lights. It is a fitting name, given that there’s no celebration that lights up the world quite like Diwali. At a time of social distancing, global uncertainty, and widespread anxiety, however, it can be difficult to conceive of new ways to celebrate the festival of light while protecting the health of your loved ones and the wider community. Finding ways to connect in spite of social distancing can be challenging, especially if you’re used to travelling to be with your family during Diwali. Being away from your family and friends is a difficult adjustment, especially during times of celebration. This doesn’t mean, however, that you need to spend the festival season feeling lonely or alone. Video calling your family, making your favourite food, sending your loved ones gifts to show them you’re thinking of them this Diwali, or even lighting your own row of lights will help you celebrate the festival of light despite these unusual circumstances. The challenges you’re forced to contend with, this year, may not feel quite as noble as fighting off evil, and your separation from home may not be as long as a fourteen-year exile. Regardless, every little step counts—stay connected but stay safe. No matter how dark Diwali in 2020 may seem to you, let this season remind you of all that is good in the world. If you find yourself away from your family during this time, reach out to them and remember that despite being unable to be with them in person, you can still celebrate together. Social distancing aside, your golden Diwali can be just as bright when you give the gift of gold safely. Benefit from our exclusive Diwali offer, when you purchase gold virtually with SendGold this year! Receive a 2% top-up on the value of all the gold investments you make, right up until midnight on the 30th of November. Earn up to AUD 250 with no minimum purchase amount. Start your year off on the right foot with an investment in gold.   SendGold shortlisted in three categories for MyBusiness Awards 2020 A shine of certainty in an uncertain world SendGold wins best Investment Innovation at the Finder Innovation Awards 2020  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 29, 2020

SendGold collected both Best Investment Innovation and Most Innovative Person for Co-Founder and CEO Jodi Stanton in the Finder Innovation Awards 2020. SendGold took the Best Investment Innovation title over fellow finalists eToro Australia and Stockspot. The judges of the category stated, “The digitisation of this vitally important asset class is critically important, in a digital age where volatility is almost considered the norm nowadays.” Entrants were evaluated on criteria including innovation, range of features, impact and testimonials. This win comes at a time when the share market is at unprecedented highs, as new share traders pile in, while gold has outperformed shares in 1, 3, 5, 10 and 20 year time horizons. Even Warren Buffett – who has never hidden his distaste for gold as an investment – has even jumped in given current market conditions with Berkshire Hathaway’s purchase of a new stake in top miner Barrick Gold. SendGold has recently closed its first tranche of its Series A round and will soon close tranche two. The company will use funds raised to launch its debit card in December and is working on its new brand for the international market.   Insights – Gold gaining on the US dollar ahead of the US election Positioning with gold for election uncertainty SendGold and Jodi Stanton recognised at the Finder Innovation Awards  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

November 10, 2020

Whether you’re welcoming the goddess Lakshmi into your home and ushering in a year of prosperity, celebrating the return of Rama and Sita after a long exile, worshipping the goddess Kali’s destruction of evil forces or Lord Krishna’s victory over evil; Diwali celebrates the triumph of good over evil, and that celebration is universal. Times of celebration are when we truly feel the value of a community, and there’s nothing that can make us miss the good old days, pre-COVID-19 and social distancing than the festival season. This Diwali, many of us won’t have the opportunity to spend it with our loved ones or celebrate the same way we used to, but that shouldn’t change the significance of the day and what it means to us. The triumph of good over evil, and light over darkness, isn’t always straightforward or easy, and the COVID-19 crisis has only served to remind us that the battle to see good conquer evil is in our hands. When it comes to ensuring the safety of ourselves, our loved ones, and our communities, taking steps to follow public health guidelines, including social distancing and other necessary precautions, is a personal responsibility. In Sanskrit, Diwali translates to a row of lights. It is a fitting name, given that there’s no celebration that lights up the world quite like Diwali. At a time of social distancing, global uncertainty, and widespread anxiety, however, it can be difficult to conceive of new ways to celebrate the festival of light while protecting the health of your loved ones and the wider community. Finding ways to connect in spite of social distancing can be challenging, especially if you’re used to travelling to be with your family during Diwali. Being away from your family and friends is a difficult adjustment, especially during times of celebration. This doesn’t mean, however, that you need to spend the festival season feeling lonely or alone. Video calling your family, making your favourite food, sending your loved ones gifts to show them you’re thinking of them this Diwali, or even lighting your own row of lights will help you celebrate the festival of light despite these unusual circumstances. The challenges you’re forced to contend with, this year, may not feel quite as noble as fighting off evil, and your separation from home may not be as long as a fourteen-year exile. Regardless, every little step counts—stay connected but stay safe. No matter how dark Diwali in 2020 may seem to you, let this season remind you of all that is good in the world. If you find yourself away from your family during this time, reach out to them and remember that despite being unable to be with them in person, you can still celebrate together. Social distancing aside, your golden Diwali can be just as bright when you give the gift of gold safely. Benefit from our exclusive Diwali offer, when you purchase gold virtually with SendGold this year! Receive a 2% top-up on the value of all the gold investments you make, right up until midnight on the 30th of November. Earn up to AUD 250 with no minimum purchase amount. Start your year off on the right foot with an investment in gold.   SendGold shortlisted in three categories for MyBusiness Awards 2020 A shine of certainty in an uncertain world SendGold wins best Investment Innovation at the Finder Innovation Awards 2020  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 29, 2020

SendGold collected both Best Investment Innovation and Most Innovative Person for Co-Founder and CEO Jodi Stanton in the Finder Innovation Awards 2020. SendGold took the Best Investment Innovation title over fellow finalists eToro Australia and Stockspot. The judges of the category stated, “The digitisation of this vitally important asset class is critically important, in a digital age where volatility is almost considered the norm nowadays.” Entrants were evaluated on criteria including innovation, range of features, impact and testimonials. This win comes at a time when the share market is at unprecedented highs, as new share traders pile in, while gold has outperformed shares in 1, 3, 5, 10 and 20 year time horizons. Even Warren Buffett – who has never hidden his distaste for gold as an investment – has even jumped in given current market conditions with Berkshire Hathaway’s purchase of a new stake in top miner Barrick Gold. SendGold has recently closed its first tranche of its Series A round and will soon close tranche two. The company will use funds raised to launch its debit card in December and is working on its new brand for the international market.   Insights – Gold gaining on the US dollar ahead of the US election Positioning with gold for election uncertainty SendGold and Jodi Stanton recognised at the Finder Innovation Awards  

Download our new app now and BUY 100% title to GOLD in minutes


Mark Pey

October 20, 2020

The U.S. election promises a level of uncertainty not seen since the year 2000 debacle, when the outcome was only decided in the courts after 40 days of legal wrangling. Gold investors have an opportunity to position today to take advantage of a similar situation.

Generally, the more politically uncertain the climate, the more of a safe-haven asset gold becomes and gold prices tend to rise.

Global investment bank UBS made this point in a recent research note to their clients:

“A contested U.S. presidential election outcome is a strong possibility, and it could add to further volatility and result in safe-haven flows, though more into gold, the Swiss franc, and the Japanese yen than into the US dollar, in our view. The greenback’s longer-term trend is also downward due to its weaker interest rate advantage and the extent of US indebtedness. Since gold is priced in US dollars, a weaker dollar favours it [gold].”

After correcting lower towards the end of September on profit-taking after its steady climb over the last 18 months, gold prices have been stabilising in October. This gives investors a chance to accumulate gold at favourable prices before any election (and market) uncertainty begins two weeks from today.

Given that the yellow metal is likely to remain predominantly driven by the interest rate environment, this will continue putting a floor below hard assets such as gold with the Fed’s new average inflation targeting framework likely to help keep the USD rate advantage firmly capped.

Most importantly, such conditions should also keep gold’s sensitivity low to periods characterised by improving risk appetite after the election is finally decided. This makes sense when considering that gold may become more attractive as an inflation hedge.

Overall, we believe risk/reward should continue to favour buying dips in gold, especially as the U.S. nears what looks to be a historically uncertain election.

SendGold and Jodi Stanton recognised at the Finder Innovation Awards

SendGold presents industry best practices for compliance

SendGold recognised as a finalist at Fintech Australia’s Finnies 2020

 

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

November 10, 2020

Whether you’re welcoming the goddess Lakshmi into your home and ushering in a year of prosperity, celebrating the return of Rama and Sita after a long exile, worshipping the goddess Kali’s destruction of evil forces or Lord Krishna’s victory over evil; Diwali celebrates the triumph of good over evil, and that celebration is universal. Times of celebration are when we truly feel the value of a community, and there’s nothing that can make us miss the good old days, pre-COVID-19 and social distancing than the festival season. This Diwali, many of us won’t have the opportunity to spend it with our loved ones or celebrate the same way we used to, but that shouldn’t change the significance of the day and what it means to us. The triumph of good over evil, and light over darkness, isn’t always straightforward or easy, and the COVID-19 crisis has only served to remind us that the battle to see good conquer evil is in our hands. When it comes to ensuring the safety of ourselves, our loved ones, and our communities, taking steps to follow public health guidelines, including social distancing and other necessary precautions, is a personal responsibility. In Sanskrit, Diwali translates to a row of lights. It is a fitting name, given that there’s no celebration that lights up the world quite like Diwali. At a time of social distancing, global uncertainty, and widespread anxiety, however, it can be difficult to conceive of new ways to celebrate the festival of light while protecting the health of your loved ones and the wider community. Finding ways to connect in spite of social distancing can be challenging, especially if you’re used to travelling to be with your family during Diwali. Being away from your family and friends is a difficult adjustment, especially during times of celebration. This doesn’t mean, however, that you need to spend the festival season feeling lonely or alone. Video calling your family, making your favourite food, sending your loved ones gifts to show them you’re thinking of them this Diwali, or even lighting your own row of lights will help you celebrate the festival of light despite these unusual circumstances. The challenges you’re forced to contend with, this year, may not feel quite as noble as fighting off evil, and your separation from home may not be as long as a fourteen-year exile. Regardless, every little step counts—stay connected but stay safe. No matter how dark Diwali in 2020 may seem to you, let this season remind you of all that is good in the world. If you find yourself away from your family during this time, reach out to them and remember that despite being unable to be with them in person, you can still celebrate together. Social distancing aside, your golden Diwali can be just as bright when you give the gift of gold safely. Benefit from our exclusive Diwali offer, when you purchase gold virtually with SendGold this year! Receive a 2% top-up on the value of all the gold investments you make, right up until midnight on the 30th of November. Earn up to AUD 250 with no minimum purchase amount. Start your year off on the right foot with an investment in gold.   SendGold shortlisted in three categories for MyBusiness Awards 2020 A shine of certainty in an uncertain world SendGold wins best Investment Innovation at the Finder Innovation Awards 2020  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 29, 2020

SendGold collected both Best Investment Innovation and Most Innovative Person for Co-Founder and CEO Jodi Stanton in the Finder Innovation Awards 2020. SendGold took the Best Investment Innovation title over fellow finalists eToro Australia and Stockspot. The judges of the category stated, “The digitisation of this vitally important asset class is critically important, in a digital age where volatility is almost considered the norm nowadays.” Entrants were evaluated on criteria including innovation, range of features, impact and testimonials. This win comes at a time when the share market is at unprecedented highs, as new share traders pile in, while gold has outperformed shares in 1, 3, 5, 10 and 20 year time horizons. Even Warren Buffett – who has never hidden his distaste for gold as an investment – has even jumped in given current market conditions with Berkshire Hathaway’s purchase of a new stake in top miner Barrick Gold. SendGold has recently closed its first tranche of its Series A round and will soon close tranche two. The company will use funds raised to launch its debit card in December and is working on its new brand for the international market.   Insights – Gold gaining on the US dollar ahead of the US election Positioning with gold for election uncertainty SendGold and Jodi Stanton recognised at the Finder Innovation Awards  

Download our new app now and BUY 100% title to GOLD in minutes


Mark Pey

October 20, 2020

The U.S. election promises a level of uncertainty not seen since the year 2000 debacle, when the outcome was only decided in the courts after 40 days of legal wrangling. Gold investors have an opportunity to position today to take advantage of a similar situation.

Generally, the more politically uncertain the climate, the more of a safe-haven asset gold becomes and gold prices tend to rise.

Global investment bank UBS made this point in a recent research note to their clients:

“A contested U.S. presidential election outcome is a strong possibility, and it could add to further volatility and result in safe-haven flows, though more into gold, the Swiss franc, and the Japanese yen than into the US dollar, in our view. The greenback’s longer-term trend is also downward due to its weaker interest rate advantage and the extent of US indebtedness. Since gold is priced in US dollars, a weaker dollar favours it [gold].”

After correcting lower towards the end of September on profit-taking after its steady climb over the last 18 months, gold prices have been stabilising in October. This gives investors a chance to accumulate gold at favourable prices before any election (and market) uncertainty begins two weeks from today.

Given that the yellow metal is likely to remain predominantly driven by the interest rate environment, this will continue putting a floor below hard assets such as gold with the Fed’s new average inflation targeting framework likely to help keep the USD rate advantage firmly capped.

Most importantly, such conditions should also keep gold’s sensitivity low to periods characterised by improving risk appetite after the election is finally decided. This makes sense when considering that gold may become more attractive as an inflation hedge.

Overall, we believe risk/reward should continue to favour buying dips in gold, especially as the U.S. nears what looks to be a historically uncertain election.

SendGold and Jodi Stanton recognised at the Finder Innovation Awards

SendGold presents industry best practices for compliance

SendGold recognised as a finalist at Fintech Australia’s Finnies 2020

 

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 7, 2020

Now in its fifth year, the Finder innovation Awards are recognising the efforts of some of Australia's most innovative companies and ideas. The awards recognise the impact of innovations introduced during the 2019-2020 financial year. This year's entries are, perhaps, the most unique given their focus on responding to the challenges and upheavals of the COVID-19 pandemic. The submissions were reviewed by a panel of 48 judges, who are industry heavy-hitters including Channel Seven’s finance editor, Gemma Acton, Australian FinTech’s Cameron Dart, The Money Barre’s Melissa Browne and Simon Westaway from the Australian Tourism Industry Council. From neobanks to online marketplace integrations, SendGold and other finalists represent businesses and ideas that are proving revolutionary in the banking, insurance, retail, tech, telco and travel industries. SendGold, in particular, has been nominated as the Best Investment Innovation and Jodi Stanton as the Most Innovative Person. The Finder Innovation Awards will take place, virtually, on 28 October 2020. We wish all our amazing co-nominees the best of luck and look forward to transforming how we live and do business in the years to come!   SendGold presents industry best practices for compliance SendGold recognised as a finalist at Fintech Australia’s Finnies 2020 Insights – Facebook, Amazon, Netflix, and Google….Gold  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

November 10, 2020

Whether you’re welcoming the goddess Lakshmi into your home and ushering in a year of prosperity, celebrating the return of Rama and Sita after a long exile, worshipping the goddess Kali’s destruction of evil forces or Lord Krishna’s victory over evil; Diwali celebrates the triumph of good over evil, and that celebration is universal. Times of celebration are when we truly feel the value of a community, and there’s nothing that can make us miss the good old days, pre-COVID-19 and social distancing than the festival season. This Diwali, many of us won’t have the opportunity to spend it with our loved ones or celebrate the same way we used to, but that shouldn’t change the significance of the day and what it means to us. The triumph of good over evil, and light over darkness, isn’t always straightforward or easy, and the COVID-19 crisis has only served to remind us that the battle to see good conquer evil is in our hands. When it comes to ensuring the safety of ourselves, our loved ones, and our communities, taking steps to follow public health guidelines, including social distancing and other necessary precautions, is a personal responsibility. In Sanskrit, Diwali translates to a row of lights. It is a fitting name, given that there’s no celebration that lights up the world quite like Diwali. At a time of social distancing, global uncertainty, and widespread anxiety, however, it can be difficult to conceive of new ways to celebrate the festival of light while protecting the health of your loved ones and the wider community. Finding ways to connect in spite of social distancing can be challenging, especially if you’re used to travelling to be with your family during Diwali. Being away from your family and friends is a difficult adjustment, especially during times of celebration. This doesn’t mean, however, that you need to spend the festival season feeling lonely or alone. Video calling your family, making your favourite food, sending your loved ones gifts to show them you’re thinking of them this Diwali, or even lighting your own row of lights will help you celebrate the festival of light despite these unusual circumstances. The challenges you’re forced to contend with, this year, may not feel quite as noble as fighting off evil, and your separation from home may not be as long as a fourteen-year exile. Regardless, every little step counts—stay connected but stay safe. No matter how dark Diwali in 2020 may seem to you, let this season remind you of all that is good in the world. If you find yourself away from your family during this time, reach out to them and remember that despite being unable to be with them in person, you can still celebrate together. Social distancing aside, your golden Diwali can be just as bright when you give the gift of gold safely. Benefit from our exclusive Diwali offer, when you purchase gold virtually with SendGold this year! Receive a 2% top-up on the value of all the gold investments you make, right up until midnight on the 30th of November. Earn up to AUD 250 with no minimum purchase amount. Start your year off on the right foot with an investment in gold.   SendGold shortlisted in three categories for MyBusiness Awards 2020 A shine of certainty in an uncertain world SendGold wins best Investment Innovation at the Finder Innovation Awards 2020  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 29, 2020

SendGold collected both Best Investment Innovation and Most Innovative Person for Co-Founder and CEO Jodi Stanton in the Finder Innovation Awards 2020. SendGold took the Best Investment Innovation title over fellow finalists eToro Australia and Stockspot. The judges of the category stated, “The digitisation of this vitally important asset class is critically important, in a digital age where volatility is almost considered the norm nowadays.” Entrants were evaluated on criteria including innovation, range of features, impact and testimonials. This win comes at a time when the share market is at unprecedented highs, as new share traders pile in, while gold has outperformed shares in 1, 3, 5, 10 and 20 year time horizons. Even Warren Buffett – who has never hidden his distaste for gold as an investment – has even jumped in given current market conditions with Berkshire Hathaway’s purchase of a new stake in top miner Barrick Gold. SendGold has recently closed its first tranche of its Series A round and will soon close tranche two. The company will use funds raised to launch its debit card in December and is working on its new brand for the international market.   Insights – Gold gaining on the US dollar ahead of the US election Positioning with gold for election uncertainty SendGold and Jodi Stanton recognised at the Finder Innovation Awards  

Download our new app now and BUY 100% title to GOLD in minutes


Mark Pey

October 20, 2020

The U.S. election promises a level of uncertainty not seen since the year 2000 debacle, when the outcome was only decided in the courts after 40 days of legal wrangling. Gold investors have an opportunity to position today to take advantage of a similar situation.

Generally, the more politically uncertain the climate, the more of a safe-haven asset gold becomes and gold prices tend to rise.

Global investment bank UBS made this point in a recent research note to their clients:

“A contested U.S. presidential election outcome is a strong possibility, and it could add to further volatility and result in safe-haven flows, though more into gold, the Swiss franc, and the Japanese yen than into the US dollar, in our view. The greenback’s longer-term trend is also downward due to its weaker interest rate advantage and the extent of US indebtedness. Since gold is priced in US dollars, a weaker dollar favours it [gold].”

After correcting lower towards the end of September on profit-taking after its steady climb over the last 18 months, gold prices have been stabilising in October. This gives investors a chance to accumulate gold at favourable prices before any election (and market) uncertainty begins two weeks from today.

Given that the yellow metal is likely to remain predominantly driven by the interest rate environment, this will continue putting a floor below hard assets such as gold with the Fed’s new average inflation targeting framework likely to help keep the USD rate advantage firmly capped.

Most importantly, such conditions should also keep gold’s sensitivity low to periods characterised by improving risk appetite after the election is finally decided. This makes sense when considering that gold may become more attractive as an inflation hedge.

Overall, we believe risk/reward should continue to favour buying dips in gold, especially as the U.S. nears what looks to be a historically uncertain election.

SendGold and Jodi Stanton recognised at the Finder Innovation Awards

SendGold presents industry best practices for compliance

SendGold recognised as a finalist at Fintech Australia’s Finnies 2020

 

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 7, 2020

Now in its fifth year, the Finder innovation Awards are recognising the efforts of some of Australia's most innovative companies and ideas. The awards recognise the impact of innovations introduced during the 2019-2020 financial year. This year's entries are, perhaps, the most unique given their focus on responding to the challenges and upheavals of the COVID-19 pandemic. The submissions were reviewed by a panel of 48 judges, who are industry heavy-hitters including Channel Seven’s finance editor, Gemma Acton, Australian FinTech’s Cameron Dart, The Money Barre’s Melissa Browne and Simon Westaway from the Australian Tourism Industry Council. From neobanks to online marketplace integrations, SendGold and other finalists represent businesses and ideas that are proving revolutionary in the banking, insurance, retail, tech, telco and travel industries. SendGold, in particular, has been nominated as the Best Investment Innovation and Jodi Stanton as the Most Innovative Person. The Finder Innovation Awards will take place, virtually, on 28 October 2020. We wish all our amazing co-nominees the best of luck and look forward to transforming how we live and do business in the years to come!   SendGold presents industry best practices for compliance SendGold recognised as a finalist at Fintech Australia’s Finnies 2020 Insights – Facebook, Amazon, Netflix, and Google….Gold  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

September 29, 2020

ACAMS recently offered a webinar to AML practitioners with a focus on those operating in the gold bullion business in the Australasia region. They selected SendGold to present industry compliance best practices and discuss how to best mitigate compliance risk while maintaining fast and responsive service for customers. The Association of Certified Anti-Money Laundering Specialists (ACAMS) is the largest international membership organization for anti-financial crime professionals. When selecting webinar conference participants, Dr William Scott Grob (ACAMS AML Director for APAC) asked ACAMS Australasian Chapter Co-Chair Mr Aub Chapman which company should represent the bullion industry. Mr Chapman suggested SendGold. “I knew SendGold had a strong regime of compliance procedures in place”, said Mr Chapman. “As a financial crime consultant, I helped them design their program when SendGold first started, and I thought they would be a good example in the business of how compliance can be managed effectively”. The webinar was held on July 9 and was attended by more than 300 professionals from around the region. Both ACAMS and SendGold received overwhelmingly positive feedback from participants. The headlines last week about AML penalty fines levied in Australia on Westpac Bank, at $1.3 billion the largest fines ever in Australian corporate history, underscore the importance of all financial businesses having consistent and effective AML procedures in place with management fully on board.   SendGold recognised as a finalist at Fintech Australia’s Finnies 2020 Insights – Facebook, Amazon, Netflix, and Google….Gold SendGold Live in India with UPI  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

November 10, 2020

Whether you’re welcoming the goddess Lakshmi into your home and ushering in a year of prosperity, celebrating the return of Rama and Sita after a long exile, worshipping the goddess Kali’s destruction of evil forces or Lord Krishna’s victory over evil; Diwali celebrates the triumph of good over evil, and that celebration is universal. Times of celebration are when we truly feel the value of a community, and there’s nothing that can make us miss the good old days, pre-COVID-19 and social distancing than the festival season. This Diwali, many of us won’t have the opportunity to spend it with our loved ones or celebrate the same way we used to, but that shouldn’t change the significance of the day and what it means to us. The triumph of good over evil, and light over darkness, isn’t always straightforward or easy, and the COVID-19 crisis has only served to remind us that the battle to see good conquer evil is in our hands. When it comes to ensuring the safety of ourselves, our loved ones, and our communities, taking steps to follow public health guidelines, including social distancing and other necessary precautions, is a personal responsibility. In Sanskrit, Diwali translates to a row of lights. It is a fitting name, given that there’s no celebration that lights up the world quite like Diwali. At a time of social distancing, global uncertainty, and widespread anxiety, however, it can be difficult to conceive of new ways to celebrate the festival of light while protecting the health of your loved ones and the wider community. Finding ways to connect in spite of social distancing can be challenging, especially if you’re used to travelling to be with your family during Diwali. Being away from your family and friends is a difficult adjustment, especially during times of celebration. This doesn’t mean, however, that you need to spend the festival season feeling lonely or alone. Video calling your family, making your favourite food, sending your loved ones gifts to show them you’re thinking of them this Diwali, or even lighting your own row of lights will help you celebrate the festival of light despite these unusual circumstances. The challenges you’re forced to contend with, this year, may not feel quite as noble as fighting off evil, and your separation from home may not be as long as a fourteen-year exile. Regardless, every little step counts—stay connected but stay safe. No matter how dark Diwali in 2020 may seem to you, let this season remind you of all that is good in the world. If you find yourself away from your family during this time, reach out to them and remember that despite being unable to be with them in person, you can still celebrate together. Social distancing aside, your golden Diwali can be just as bright when you give the gift of gold safely. Benefit from our exclusive Diwali offer, when you purchase gold virtually with SendGold this year! Receive a 2% top-up on the value of all the gold investments you make, right up until midnight on the 30th of November. Earn up to AUD 250 with no minimum purchase amount. Start your year off on the right foot with an investment in gold.   SendGold shortlisted in three categories for MyBusiness Awards 2020 A shine of certainty in an uncertain world SendGold wins best Investment Innovation at the Finder Innovation Awards 2020  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 29, 2020

SendGold collected both Best Investment Innovation and Most Innovative Person for Co-Founder and CEO Jodi Stanton in the Finder Innovation Awards 2020. SendGold took the Best Investment Innovation title over fellow finalists eToro Australia and Stockspot. The judges of the category stated, “The digitisation of this vitally important asset class is critically important, in a digital age where volatility is almost considered the norm nowadays.” Entrants were evaluated on criteria including innovation, range of features, impact and testimonials. This win comes at a time when the share market is at unprecedented highs, as new share traders pile in, while gold has outperformed shares in 1, 3, 5, 10 and 20 year time horizons. Even Warren Buffett – who has never hidden his distaste for gold as an investment – has even jumped in given current market conditions with Berkshire Hathaway’s purchase of a new stake in top miner Barrick Gold. SendGold has recently closed its first tranche of its Series A round and will soon close tranche two. The company will use funds raised to launch its debit card in December and is working on its new brand for the international market.   Insights – Gold gaining on the US dollar ahead of the US election Positioning with gold for election uncertainty SendGold and Jodi Stanton recognised at the Finder Innovation Awards  

Download our new app now and BUY 100% title to GOLD in minutes


Mark Pey

October 20, 2020

The U.S. election promises a level of uncertainty not seen since the year 2000 debacle, when the outcome was only decided in the courts after 40 days of legal wrangling. Gold investors have an opportunity to position today to take advantage of a similar situation.

Generally, the more politically uncertain the climate, the more of a safe-haven asset gold becomes and gold prices tend to rise.

Global investment bank UBS made this point in a recent research note to their clients:

“A contested U.S. presidential election outcome is a strong possibility, and it could add to further volatility and result in safe-haven flows, though more into gold, the Swiss franc, and the Japanese yen than into the US dollar, in our view. The greenback’s longer-term trend is also downward due to its weaker interest rate advantage and the extent of US indebtedness. Since gold is priced in US dollars, a weaker dollar favours it [gold].”

After correcting lower towards the end of September on profit-taking after its steady climb over the last 18 months, gold prices have been stabilising in October. This gives investors a chance to accumulate gold at favourable prices before any election (and market) uncertainty begins two weeks from today.

Given that the yellow metal is likely to remain predominantly driven by the interest rate environment, this will continue putting a floor below hard assets such as gold with the Fed’s new average inflation targeting framework likely to help keep the USD rate advantage firmly capped.

Most importantly, such conditions should also keep gold’s sensitivity low to periods characterised by improving risk appetite after the election is finally decided. This makes sense when considering that gold may become more attractive as an inflation hedge.

Overall, we believe risk/reward should continue to favour buying dips in gold, especially as the U.S. nears what looks to be a historically uncertain election.

SendGold and Jodi Stanton recognised at the Finder Innovation Awards

SendGold presents industry best practices for compliance

SendGold recognised as a finalist at Fintech Australia’s Finnies 2020

 

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 7, 2020

Now in its fifth year, the Finder innovation Awards are recognising the efforts of some of Australia's most innovative companies and ideas. The awards recognise the impact of innovations introduced during the 2019-2020 financial year. This year's entries are, perhaps, the most unique given their focus on responding to the challenges and upheavals of the COVID-19 pandemic. The submissions were reviewed by a panel of 48 judges, who are industry heavy-hitters including Channel Seven’s finance editor, Gemma Acton, Australian FinTech’s Cameron Dart, The Money Barre’s Melissa Browne and Simon Westaway from the Australian Tourism Industry Council. From neobanks to online marketplace integrations, SendGold and other finalists represent businesses and ideas that are proving revolutionary in the banking, insurance, retail, tech, telco and travel industries. SendGold, in particular, has been nominated as the Best Investment Innovation and Jodi Stanton as the Most Innovative Person. The Finder Innovation Awards will take place, virtually, on 28 October 2020. We wish all our amazing co-nominees the best of luck and look forward to transforming how we live and do business in the years to come!   SendGold presents industry best practices for compliance SendGold recognised as a finalist at Fintech Australia’s Finnies 2020 Insights – Facebook, Amazon, Netflix, and Google….Gold  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

September 29, 2020

ACAMS recently offered a webinar to AML practitioners with a focus on those operating in the gold bullion business in the Australasia region. They selected SendGold to present industry compliance best practices and discuss how to best mitigate compliance risk while maintaining fast and responsive service for customers. The Association of Certified Anti-Money Laundering Specialists (ACAMS) is the largest international membership organization for anti-financial crime professionals. When selecting webinar conference participants, Dr William Scott Grob (ACAMS AML Director for APAC) asked ACAMS Australasian Chapter Co-Chair Mr Aub Chapman which company should represent the bullion industry. Mr Chapman suggested SendGold. “I knew SendGold had a strong regime of compliance procedures in place”, said Mr Chapman. “As a financial crime consultant, I helped them design their program when SendGold first started, and I thought they would be a good example in the business of how compliance can be managed effectively”. The webinar was held on July 9 and was attended by more than 300 professionals from around the region. Both ACAMS and SendGold received overwhelmingly positive feedback from participants. The headlines last week about AML penalty fines levied in Australia on Westpac Bank, at $1.3 billion the largest fines ever in Australian corporate history, underscore the importance of all financial businesses having consistent and effective AML procedures in place with management fully on board.   SendGold recognised as a finalist at Fintech Australia’s Finnies 2020 Insights – Facebook, Amazon, Netflix, and Google….Gold SendGold Live in India with UPI  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

September 24, 2020

SendGold is honoured to be named a finalist for the second year in a row at FinTech Australia's prestigious Finnies alongside other rocketing companies in our category such as Afterpay, Airwallex, TRAction Fintech, CoinJar, Verrency Raiz Invest and Zip Co. Now in its fourth year, the awards give fintech startups the opportunity to be recognised for their work and innovation. A total of 19 awards will be on offer, with several key awards returning. These include FinTech Organisation of the Year, Outstanding FinTech Leader of the Year, Female FinTech Leader of the Year, Emerging FinTech Leader of the Year and Emerging FinTech Organisation of the Year. The awards will also recognise achievements in blockchain, business lending, consumer lending, insurtech, crowdfunding, wealth management and payments. SendGold has been highlighted for our 'growth mindset and global perspective' in the 'Excellence in establishing market presence: Global' category. We very much look forward to the event on 28 October 2020 from 6:00 PM-7:00 PM. See you online! Here is a link to all of the finalists: https://lnkd.in/gzf8AnZ   Insights – Facebook, Amazon, Netflix, and Google….Gold SendGold Live in India with UPI Jodi Stanton recognised at the Women Leading Tech Awards 2020  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

November 10, 2020

Whether you’re welcoming the goddess Lakshmi into your home and ushering in a year of prosperity, celebrating the return of Rama and Sita after a long exile, worshipping the goddess Kali’s destruction of evil forces or Lord Krishna’s victory over evil; Diwali celebrates the triumph of good over evil, and that celebration is universal. Times of celebration are when we truly feel the value of a community, and there’s nothing that can make us miss the good old days, pre-COVID-19 and social distancing than the festival season. This Diwali, many of us won’t have the opportunity to spend it with our loved ones or celebrate the same way we used to, but that shouldn’t change the significance of the day and what it means to us. The triumph of good over evil, and light over darkness, isn’t always straightforward or easy, and the COVID-19 crisis has only served to remind us that the battle to see good conquer evil is in our hands. When it comes to ensuring the safety of ourselves, our loved ones, and our communities, taking steps to follow public health guidelines, including social distancing and other necessary precautions, is a personal responsibility. In Sanskrit, Diwali translates to a row of lights. It is a fitting name, given that there’s no celebration that lights up the world quite like Diwali. At a time of social distancing, global uncertainty, and widespread anxiety, however, it can be difficult to conceive of new ways to celebrate the festival of light while protecting the health of your loved ones and the wider community. Finding ways to connect in spite of social distancing can be challenging, especially if you’re used to travelling to be with your family during Diwali. Being away from your family and friends is a difficult adjustment, especially during times of celebration. This doesn’t mean, however, that you need to spend the festival season feeling lonely or alone. Video calling your family, making your favourite food, sending your loved ones gifts to show them you’re thinking of them this Diwali, or even lighting your own row of lights will help you celebrate the festival of light despite these unusual circumstances. The challenges you’re forced to contend with, this year, may not feel quite as noble as fighting off evil, and your separation from home may not be as long as a fourteen-year exile. Regardless, every little step counts—stay connected but stay safe. No matter how dark Diwali in 2020 may seem to you, let this season remind you of all that is good in the world. If you find yourself away from your family during this time, reach out to them and remember that despite being unable to be with them in person, you can still celebrate together. Social distancing aside, your golden Diwali can be just as bright when you give the gift of gold safely. Benefit from our exclusive Diwali offer, when you purchase gold virtually with SendGold this year! Receive a 2% top-up on the value of all the gold investments you make, right up until midnight on the 30th of November. Earn up to AUD 250 with no minimum purchase amount. Start your year off on the right foot with an investment in gold.   SendGold shortlisted in three categories for MyBusiness Awards 2020 A shine of certainty in an uncertain world SendGold wins best Investment Innovation at the Finder Innovation Awards 2020  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 29, 2020

SendGold collected both Best Investment Innovation and Most Innovative Person for Co-Founder and CEO Jodi Stanton in the Finder Innovation Awards 2020. SendGold took the Best Investment Innovation title over fellow finalists eToro Australia and Stockspot. The judges of the category stated, “The digitisation of this vitally important asset class is critically important, in a digital age where volatility is almost considered the norm nowadays.” Entrants were evaluated on criteria including innovation, range of features, impact and testimonials. This win comes at a time when the share market is at unprecedented highs, as new share traders pile in, while gold has outperformed shares in 1, 3, 5, 10 and 20 year time horizons. Even Warren Buffett – who has never hidden his distaste for gold as an investment – has even jumped in given current market conditions with Berkshire Hathaway’s purchase of a new stake in top miner Barrick Gold. SendGold has recently closed its first tranche of its Series A round and will soon close tranche two. The company will use funds raised to launch its debit card in December and is working on its new brand for the international market.   Insights – Gold gaining on the US dollar ahead of the US election Positioning with gold for election uncertainty SendGold and Jodi Stanton recognised at the Finder Innovation Awards  

Download our new app now and BUY 100% title to GOLD in minutes


Mark Pey

October 20, 2020

The U.S. election promises a level of uncertainty not seen since the year 2000 debacle, when the outcome was only decided in the courts after 40 days of legal wrangling. Gold investors have an opportunity to position today to take advantage of a similar situation.

Generally, the more politically uncertain the climate, the more of a safe-haven asset gold becomes and gold prices tend to rise.

Global investment bank UBS made this point in a recent research note to their clients:

“A contested U.S. presidential election outcome is a strong possibility, and it could add to further volatility and result in safe-haven flows, though more into gold, the Swiss franc, and the Japanese yen than into the US dollar, in our view. The greenback’s longer-term trend is also downward due to its weaker interest rate advantage and the extent of US indebtedness. Since gold is priced in US dollars, a weaker dollar favours it [gold].”

After correcting lower towards the end of September on profit-taking after its steady climb over the last 18 months, gold prices have been stabilising in October. This gives investors a chance to accumulate gold at favourable prices before any election (and market) uncertainty begins two weeks from today.

Given that the yellow metal is likely to remain predominantly driven by the interest rate environment, this will continue putting a floor below hard assets such as gold with the Fed’s new average inflation targeting framework likely to help keep the USD rate advantage firmly capped.

Most importantly, such conditions should also keep gold’s sensitivity low to periods characterised by improving risk appetite after the election is finally decided. This makes sense when considering that gold may become more attractive as an inflation hedge.

Overall, we believe risk/reward should continue to favour buying dips in gold, especially as the U.S. nears what looks to be a historically uncertain election.

SendGold and Jodi Stanton recognised at the Finder Innovation Awards

SendGold presents industry best practices for compliance

SendGold recognised as a finalist at Fintech Australia’s Finnies 2020

 

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 7, 2020

Now in its fifth year, the Finder innovation Awards are recognising the efforts of some of Australia's most innovative companies and ideas. The awards recognise the impact of innovations introduced during the 2019-2020 financial year. This year's entries are, perhaps, the most unique given their focus on responding to the challenges and upheavals of the COVID-19 pandemic. The submissions were reviewed by a panel of 48 judges, who are industry heavy-hitters including Channel Seven’s finance editor, Gemma Acton, Australian FinTech’s Cameron Dart, The Money Barre’s Melissa Browne and Simon Westaway from the Australian Tourism Industry Council. From neobanks to online marketplace integrations, SendGold and other finalists represent businesses and ideas that are proving revolutionary in the banking, insurance, retail, tech, telco and travel industries. SendGold, in particular, has been nominated as the Best Investment Innovation and Jodi Stanton as the Most Innovative Person. The Finder Innovation Awards will take place, virtually, on 28 October 2020. We wish all our amazing co-nominees the best of luck and look forward to transforming how we live and do business in the years to come!   SendGold presents industry best practices for compliance SendGold recognised as a finalist at Fintech Australia’s Finnies 2020 Insights – Facebook, Amazon, Netflix, and Google….Gold  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

September 29, 2020

ACAMS recently offered a webinar to AML practitioners with a focus on those operating in the gold bullion business in the Australasia region. They selected SendGold to present industry compliance best practices and discuss how to best mitigate compliance risk while maintaining fast and responsive service for customers. The Association of Certified Anti-Money Laundering Specialists (ACAMS) is the largest international membership organization for anti-financial crime professionals. When selecting webinar conference participants, Dr William Scott Grob (ACAMS AML Director for APAC) asked ACAMS Australasian Chapter Co-Chair Mr Aub Chapman which company should represent the bullion industry. Mr Chapman suggested SendGold. “I knew SendGold had a strong regime of compliance procedures in place”, said Mr Chapman. “As a financial crime consultant, I helped them design their program when SendGold first started, and I thought they would be a good example in the business of how compliance can be managed effectively”. The webinar was held on July 9 and was attended by more than 300 professionals from around the region. Both ACAMS and SendGold received overwhelmingly positive feedback from participants. The headlines last week about AML penalty fines levied in Australia on Westpac Bank, at $1.3 billion the largest fines ever in Australian corporate history, underscore the importance of all financial businesses having consistent and effective AML procedures in place with management fully on board.   SendGold recognised as a finalist at Fintech Australia’s Finnies 2020 Insights – Facebook, Amazon, Netflix, and Google….Gold SendGold Live in India with UPI  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

September 24, 2020

SendGold is honoured to be named a finalist for the second year in a row at FinTech Australia's prestigious Finnies alongside other rocketing companies in our category such as Afterpay, Airwallex, TRAction Fintech, CoinJar, Verrency Raiz Invest and Zip Co. Now in its fourth year, the awards give fintech startups the opportunity to be recognised for their work and innovation. A total of 19 awards will be on offer, with several key awards returning. These include FinTech Organisation of the Year, Outstanding FinTech Leader of the Year, Female FinTech Leader of the Year, Emerging FinTech Leader of the Year and Emerging FinTech Organisation of the Year. The awards will also recognise achievements in blockchain, business lending, consumer lending, insurtech, crowdfunding, wealth management and payments. SendGold has been highlighted for our 'growth mindset and global perspective' in the 'Excellence in establishing market presence: Global' category. We very much look forward to the event on 28 October 2020 from 6:00 PM-7:00 PM. See you online! Here is a link to all of the finalists: https://lnkd.in/gzf8AnZ   Insights – Facebook, Amazon, Netflix, and Google….Gold SendGold Live in India with UPI Jodi Stanton recognised at the Women Leading Tech Awards 2020  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

September 16, 2020

Gold Market Update

Gold prices rose in U.S. Dollars last week, and there is a strong belief in the market that U.S. Federal Reserve actions will trigger inflation, which would likely be a strong positive for gold prices. Facebook, Amazon, Netflix, and Google shares rebounded last week after a selloff. The NASDAQ index has been volatile in recent weeks, and more volatility is expected in the runup to the U.S. election just 7 weeks away. In Australia, the Reserve Bank held interest rates at the lowest they have ever been. Low-interest rates are also seen as a positive for gold because if bonds pay little or no interest they have a harder time competing with gold. Below we discuss the following: SendGold launches instant payments with UPI in India SendGold's backstory Bridgewater increases gold holdings by 34% in the dip Buy gold through your SMSF

Gold price this month in AUD/OZ

Gold price - September

SendGold Viewpoints

SendGold is pleased to announce we are LIVE in India with UPI! While SendGold’s Indian customers have been able to buy physical gold from SendGold via our partner PayPal, UPI (Unified Payments Interface) is an important milestone as India is one of the largest purchasers of gold worldwide, and one of our key growth markets. With UPI, SendGold’s Indian customers can now buy, gift and pay with Australian physical gold through a safe jurisdiction, instantly, without the friction and fees of other channels. https://www.sendgold.com/sendgold-live-in-india-with-upi/

The story behind SendGold

There’s always been a different set of rules for the privileged. I saw it first-hand working on Wall Street for one of the big guys. The GFC didn’t surprise me one bit, I could see that money was broken. But while the rest of the world suffered, they were bailed out. That sucks. I got out of there, took an 80% pay cut, and moved to Australia in search of a better way. I thought that was crypto. I invested in it, wanting it to succeed. Unfortunately it increased the risks, not lowered them. But it got me thinking ‘what if technology could transform the most trusted asset in history?’ We turned to gold, and turned it back into money! Owning gold gives you full control of your money. If the economy, the markets, or even we fall over, it’s still yours. But it shouldn’t just be for the privileged. Providing digital access to real gold makes it accessible, portable and global. Gold and technology are two things that people all over the world value and understand. By putting them together, we’ve added real weight to people’s money and shifted the balance back in their favour. Jodi Stanton, CEO, SendGold

Gold in the News

Here are a few articles trending on the subject of gold. In Q2 2020 Bridgewater Associates increased their gold holdings by 34%. Bridgewater Associates is the world’s largest hedge fund and CEO Ray Dalio and his team have access to every possible investment on the planet, from illiquid Thai property funds to the most complex derivative strategies. Given the choice of "everything in the world" to invest in, they decided to increase their gold holdings to the second-largest position in their fund. You can see the fund’s holdings here: https://whalewisdom.com/filer/bridgewater-associates-inc#tabholdings_tab_link Respected investment manager Louis Gave has joined the gold bandwagon. This is notable because Gave “is the furthest thing from a gold bug…in fact he’s had a dim view of the shiny metal”. Gave notes in his recent newsletter that “Gold bull markets may build up over multi-year periods as the metal speaks to the public’s imagination”. He sees some potential price weakness in the short term as overbought conditions work themselves through, but notes that “U.S. M2 (money supply) is growing at about six times nominal U.S. GDP growth or 24.5% per annum—an absolute and relative record”: https://blog.evergreengavekal.com/what-will-stop-the-gold-bull-market/ Crescat Capital released a nice list of the many reasons they own gold. These include: “Precious metals became a forgotten class among large allocators of capital in the extended expansion phase of the last business cycle”; and “Precious metals are now trading at historically depressed levels relative to money supply; overall stocks, on the other hand, are the complete opposite”. https://www.crescat.net/crescat-capital-quarterly-investor-letter-q2-2020/

Retirement Funds around the world buying gold

This week we highlight a subject rather than an article by one commenter. That subject is how pension funds, some of the very largest global investors, are slowly coming to realize the value of gold in long-term investment portfolios. UK-centric Professional Pensions site ran an article detailing how UK pension plans have missed a trick by not incorporating gold into their portfolios: https://www.professionalpensions.com/sponsored/4020080/uk-pensions-esg-building-gold Building on the subject, while we’re reluctant to link to Max Keiser, he does make an important point regarding how Warren Buffet’s gold investment does clear the way, psychologically at least, for other pension funds to buy gold: https://www.youtube.com/watch?v=abJiMFewSkA&t=617s The impact of the world’s $32 trillion in pensions diverting even a small percentage into the gold market should not be understated. More than half of the $32 trillion global in pension assets is currently invested in bonds: http://www.oecd.org/pensions/Pension-Funds-in-Figures-2020.pdf And on cue, the $16 B Ohio Police and Fire pension fund declared a 5% (USD $800M) investment in gold. If this trend continues (we think it will) then a whole new class of investors will be competing for gold: https://seekingalpha.com/news/3610101-16b-ohio-police-fire-pension-fund-buying-gold SendGold Handy Hints You can now buy gold through your Retirement Fund or Self-managed Superfund (SMSF). We’re excited that we now have capability for our customers to invest in gold with their SMSFs using the SendGold platform. It’s great to be able to help protect superannuation and retirement investments in the same way we’ve being helping individuals to de-risk their investment portfolios in these uncertain times. More about SMSF Remember, we are here to answer any questions. Just email us on customerteam@sendgold.com.


SendGold

November 10, 2020

Whether you’re welcoming the goddess Lakshmi into your home and ushering in a year of prosperity, celebrating the return of Rama and Sita after a long exile, worshipping the goddess Kali’s destruction of evil forces or Lord Krishna’s victory over evil; Diwali celebrates the triumph of good over evil, and that celebration is universal. Times of celebration are when we truly feel the value of a community, and there’s nothing that can make us miss the good old days, pre-COVID-19 and social distancing than the festival season. This Diwali, many of us won’t have the opportunity to spend it with our loved ones or celebrate the same way we used to, but that shouldn’t change the significance of the day and what it means to us. The triumph of good over evil, and light over darkness, isn’t always straightforward or easy, and the COVID-19 crisis has only served to remind us that the battle to see good conquer evil is in our hands. When it comes to ensuring the safety of ourselves, our loved ones, and our communities, taking steps to follow public health guidelines, including social distancing and other necessary precautions, is a personal responsibility. In Sanskrit, Diwali translates to a row of lights. It is a fitting name, given that there’s no celebration that lights up the world quite like Diwali. At a time of social distancing, global uncertainty, and widespread anxiety, however, it can be difficult to conceive of new ways to celebrate the festival of light while protecting the health of your loved ones and the wider community. Finding ways to connect in spite of social distancing can be challenging, especially if you’re used to travelling to be with your family during Diwali. Being away from your family and friends is a difficult adjustment, especially during times of celebration. This doesn’t mean, however, that you need to spend the festival season feeling lonely or alone. Video calling your family, making your favourite food, sending your loved ones gifts to show them you’re thinking of them this Diwali, or even lighting your own row of lights will help you celebrate the festival of light despite these unusual circumstances. The challenges you’re forced to contend with, this year, may not feel quite as noble as fighting off evil, and your separation from home may not be as long as a fourteen-year exile. Regardless, every little step counts—stay connected but stay safe. No matter how dark Diwali in 2020 may seem to you, let this season remind you of all that is good in the world. If you find yourself away from your family during this time, reach out to them and remember that despite being unable to be with them in person, you can still celebrate together. Social distancing aside, your golden Diwali can be just as bright when you give the gift of gold safely. Benefit from our exclusive Diwali offer, when you purchase gold virtually with SendGold this year! Receive a 2% top-up on the value of all the gold investments you make, right up until midnight on the 30th of November. Earn up to AUD 250 with no minimum purchase amount. Start your year off on the right foot with an investment in gold.   SendGold shortlisted in three categories for MyBusiness Awards 2020 A shine of certainty in an uncertain world SendGold wins best Investment Innovation at the Finder Innovation Awards 2020  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 29, 2020

SendGold collected both Best Investment Innovation and Most Innovative Person for Co-Founder and CEO Jodi Stanton in the Finder Innovation Awards 2020. SendGold took the Best Investment Innovation title over fellow finalists eToro Australia and Stockspot. The judges of the category stated, “The digitisation of this vitally important asset class is critically important, in a digital age where volatility is almost considered the norm nowadays.” Entrants were evaluated on criteria including innovation, range of features, impact and testimonials. This win comes at a time when the share market is at unprecedented highs, as new share traders pile in, while gold has outperformed shares in 1, 3, 5, 10 and 20 year time horizons. Even Warren Buffett – who has never hidden his distaste for gold as an investment – has even jumped in given current market conditions with Berkshire Hathaway’s purchase of a new stake in top miner Barrick Gold. SendGold has recently closed its first tranche of its Series A round and will soon close tranche two. The company will use funds raised to launch its debit card in December and is working on its new brand for the international market.   Insights – Gold gaining on the US dollar ahead of the US election Positioning with gold for election uncertainty SendGold and Jodi Stanton recognised at the Finder Innovation Awards  

Download our new app now and BUY 100% title to GOLD in minutes


Mark Pey

October 20, 2020

The U.S. election promises a level of uncertainty not seen since the year 2000 debacle, when the outcome was only decided in the courts after 40 days of legal wrangling. Gold investors have an opportunity to position today to take advantage of a similar situation.

Generally, the more politically uncertain the climate, the more of a safe-haven asset gold becomes and gold prices tend to rise.

Global investment bank UBS made this point in a recent research note to their clients:

“A contested U.S. presidential election outcome is a strong possibility, and it could add to further volatility and result in safe-haven flows, though more into gold, the Swiss franc, and the Japanese yen than into the US dollar, in our view. The greenback’s longer-term trend is also downward due to its weaker interest rate advantage and the extent of US indebtedness. Since gold is priced in US dollars, a weaker dollar favours it [gold].”

After correcting lower towards the end of September on profit-taking after its steady climb over the last 18 months, gold prices have been stabilising in October. This gives investors a chance to accumulate gold at favourable prices before any election (and market) uncertainty begins two weeks from today.

Given that the yellow metal is likely to remain predominantly driven by the interest rate environment, this will continue putting a floor below hard assets such as gold with the Fed’s new average inflation targeting framework likely to help keep the USD rate advantage firmly capped.

Most importantly, such conditions should also keep gold’s sensitivity low to periods characterised by improving risk appetite after the election is finally decided. This makes sense when considering that gold may become more attractive as an inflation hedge.

Overall, we believe risk/reward should continue to favour buying dips in gold, especially as the U.S. nears what looks to be a historically uncertain election.

SendGold and Jodi Stanton recognised at the Finder Innovation Awards

SendGold presents industry best practices for compliance

SendGold recognised as a finalist at Fintech Australia’s Finnies 2020

 

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

October 7, 2020

Now in its fifth year, the Finder innovation Awards are recognising the efforts of some of Australia's most innovative companies and ideas. The awards recognise the impact of innovations introduced during the 2019-2020 financial year. This year's entries are, perhaps, the most unique given their focus on responding to the challenges and upheavals of the COVID-19 pandemic. The submissions were reviewed by a panel of 48 judges, who are industry heavy-hitters including Channel Seven’s finance editor, Gemma Acton, Australian FinTech’s Cameron Dart, The Money Barre’s Melissa Browne and Simon Westaway from the Australian Tourism Industry Council. From neobanks to online marketplace integrations, SendGold and other finalists represent businesses and ideas that are proving revolutionary in the banking, insurance, retail, tech, telco and travel industries. SendGold, in particular, has been nominated as the Best Investment Innovation and Jodi Stanton as the Most Innovative Person. The Finder Innovation Awards will take place, virtually, on 28 October 2020. We wish all our amazing co-nominees the best of luck and look forward to transforming how we live and do business in the years to come!   SendGold presents industry best practices for compliance SendGold recognised as a finalist at Fintech Australia’s Finnies 2020 Insights – Facebook, Amazon, Netflix, and Google….Gold  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

September 29, 2020

ACAMS recently offered a webinar to AML practitioners with a focus on those operating in the gold bullion business in the Australasia region. They selected SendGold to present industry compliance best practices and discuss how to best mitigate compliance risk while maintaining fast and responsive service for customers. The Association of Certified Anti-Money Laundering Specialists (ACAMS) is the largest international membership organization for anti-financial crime professionals. When selecting webinar conference participants, Dr William Scott Grob (ACAMS AML Director for APAC) asked ACAMS Australasian Chapter Co-Chair Mr Aub Chapman which company should represent the bullion industry. Mr Chapman suggested SendGold. “I knew SendGold had a strong regime of compliance procedures in place”, said Mr Chapman. “As a financial crime consultant, I helped them design their program when SendGold first started, and I thought they would be a good example in the business of how compliance can be managed effectively”. The webinar was held on July 9 and was attended by more than 300 professionals from around the region. Both ACAMS and SendGold received overwhelmingly positive feedback from participants. The headlines last week about AML penalty fines levied in Australia on Westpac Bank, at $1.3 billion the largest fines ever in Australian corporate history, underscore the importance of all financial businesses having consistent and effective AML procedures in place with management fully on board.   SendGold recognised as a finalist at Fintech Australia’s Finnies 2020 Insights – Facebook, Amazon, Netflix, and Google….Gold SendGold Live in India with UPI  

Download our new app now and BUY 100% title to GOLD in minutes


SendGold

September 24, 2020

SendGold is honoured to be named a finalist for the second year in a row at FinTech Australia's prestigious Finnies alongside other rocketing companies in our category such as Afterpay, Airwallex, TRAction Fintech, CoinJar, Verrency Raiz Invest and Zip Co. Now in its fourth year, the awards give fintech startups the opportunity to be recognised for their work and innovation. A total of 19 awards will be on offer, with several key awards returning. These include FinTech Organisation of the Year, Outstanding FinTech Leader of the Year, Female FinTech Leader of the Year, Emerging FinTech Leader of the Year and Emerging FinTech Organisation of the Year. The awards will also recognise achievements in blockchain, business lending, consumer lending, insurtech, crowdfunding, wealth management and payments. SendGold has been highlighted for our 'growth mindset and global perspective' in the 'Excellence in establishing market presence: Global' category. We very much look forward to the event on 28 October 2020 from 6:00 PM-7:00 PM. See you online! Here is a link to all of the finalists: https://lnkd.in/gzf8AnZ   Insights – Facebook, Amazon, Netflix, and Google….Gold SendGold Live in India with UPI Jodi Stanton recognised at the Women Leading Tech Awards 2020  

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