by Scottsdale, Ariz – November 16, 2021 – Monetary Metals is pleased to announce a new gold lease to Valaurum to expand production of the Aurum®, their physical gold currency product. The lease size has grown by 800%. Example of the Aurum®. Investors in the Monetary Metals gold lease are earning 2.25% interest on gold to finance production of the Aurum®, Valaurum’s physical gold currency product. “We’re thrilled to get a new gold lease with Monetary Metals to scale up our operations, and at a significantly lower rate than we were expecting. We’re very pleased with the results,” said Adam Trexler, Founder and CEO of Valaurum. Valaurum has been leasing gold from Monetary Metals since 2016. Monetary Metals’ investors were also pleased with the interest rate in the gold
Topics:
Monetary Metals considers the following as important: 6a) Gold & Monetary Metals, 6a.) Monetary Metals, Featured, newsletter, Press Releases
This could be interesting, too:
Frank Shostak writes Assumptions in Economics and in the Real World
Conor Sanderson writes The Betrayal of Free Speech: Elon Musk Buckles to Government Censorship, Again
Nachrichten Ticker - www.finanzen.ch writes Bitcoin erstmals über 80.000 US-Dollar
Nachrichten Ticker - www.finanzen.ch writes Kraken kündigt eigene Blockchain ‘Ink’ an – Neue Ära für den Krypto-Markt?
Scottsdale, Ariz – November 16, 2021 – Monetary Metals is pleased to announce a new gold lease to Valaurum to expand production of the Aurum®, their physical gold currency product. The lease size has grown by 800%.
Example of the Aurum®. Investors in the Monetary Metals gold lease are earning 2.25% interest on gold to finance production of the Aurum®, Valaurum’s physical gold currency product.
“We’re thrilled to get a new gold lease with Monetary Metals to scale up our operations, and at a significantly lower rate than we were expecting. We’re very pleased with the results,” said Adam Trexler, Founder and CEO of Valaurum. Valaurum has been leasing gold from Monetary Metals since 2016.
Monetary Metals’ investors were also pleased with the interest rate in the gold lease.
“I knew this was going to be a competitive deal and I was keen to get my gold in the lease working for me. I participated in the rate setting auction, which cleared at 2.25%. That’s an attractive interest rate for my gold given Valaurum’s history with Monetary Metals,” said Brent McDermott, an investor in the lease.
“I can earn 0.55% interest in dollars in a one-year CD, or I can earn a constant 2.25% interest in gold with Monetary Metals – without fluctuations. I’m choosing Monetary Metals,” said Russell Hirschman, another investor.
CEO of Monetary Metals, Keith Weiner commented, “This lease demonstrates the value and vitality of our marketplace. It’s all about structuring win-win-win deals between those who want to earn interest on gold, and companies that use gold. That’s exactly what we did here.”
About Monetary Metals
Monetary Metals® is Unlocking the Productivity of Gold™ by offering a Yield on Gold, Paid in Gold® to investors, and Gold Financing, Simplified™ to gold-using businesses (mints, miners, refiners, jewelers, etc.). In addition, the company’s market analysis and proprietary charts, including the gold forward rate, are utilized by gold investors and gold-using businesses globally. The company’s content is widely syndicated on gold, alternative investing, and mainstream sites.
CONTACT
Joseph Finora / (631) 680-7870 / [email protected]
About Valaurum
Valaurum is democratizing physical gold ownership. Using proprietary nanotechnology, Valaurum offers the Aurum®, the smallest verifiable unit of gold for investment available on the market today. Lightweight and easily storable, Aurum® are manufactured using cutting edge, proprietary technology for a product that modernizes the precious metal investment.
CONTACT
Dr. Adam Trexler, Founder and CEO / 503-995-1503 / [email protected]
You Might Also Like
Why Isn’t Gold Going Up with Inflation?
2021-10-26
Many voices in the gold community are making a simple point. Look at the prices of oil, copper, and other commodities. They are skyrocketing. The mainstream explanation—shared by Keynesians, Monetarists, and many Austrians—is that the cause of this skyrocketing is the increase in the quantity of what is called “money”.
Episode 24: Destructive Profit vs Productive Profit
2021-10-15
This week’s episode of the Gold Exchange Podcast explores the idea of profits, and why it matters how you get them. Much of the financial world has confused the idea of profit with price appreciation. Or as we like to say, they confuse investment with speculation. Investment is deploying capital productively in a business for a yield. Speculation is betting one’s capital on an asset price rising.
Palisades Gold Radio Interview
2021-10-13
Monetary Metals CEO Keith Weiner was back on the Palisades Gold Radio podcast being interviewed by Tom Bodrovics. Keith revealed one key feature that gold has, which bitcoin does not.
Silver Crash Makes Silver Trash?
2021-10-01
The price of silver dropped a dollar, or over 4% on Wednesday. Some voices in the precious metals press want you to think that there is only one conceivable cause. We should coin a term for this form of logical fallacy: argumentum ad ignorantia. This is an argument of the form: “the cause must be XYZ, as I cannot conceive of anything else.”
How Do They Get Away With It?
2021-09-14
Picture, if you will, a government that deliberately inflicts bad policy on the people. I know this sounds crazy, and could never happen, but please bear with me. Suppose the government criminalizes hiring someone who produces less than an arbitrary threshold. Or it forces the closure of all businesses deemed to be non “essential”.
Gold Price Smashdown vs Gold on Fire
2021-08-11
No sooner did we write Silver Rorschach Test, than the price of gold flash-crashed, or was smashed down. On Sunday afternoon in Arizona—i.e. Monday morning in Australia and Asia—the gold price dropped sharply. Gold bug sources claim that the drop was $100, but as we can see from the price graph included in this report, the actual crash itself was about $70.
Resetting the Federal Debt
2021-06-08
According to the US Treasury, the federal government owes $28.2 trillion. It crossed the “28” threshold on the last day of March. The debt was just under $25 trillion at the end of April a year ago. There’s no question it’s growing at a faster and faster pace, and now there’s the excuse of Covid to spend more.
A Deeper Dive Into Silver
2021-06-03
The prices of the metals hit their lows by the end of April. Gold traded for around $1,685, and is now over $1,900. Silver was around $24, and is now over $28. These are big moves (though of course nothing like bitcoin).
Tags: Featured,newsletter,Press Releases