November, 2016

Good News and Bad News, Report 27 November, 2016

Sometimes, we think that every story in the gold community has the same template: I have inside information to share with you My peeps are telling me that <XYZ> will happen If <XYZ> happens, then the gold price will go ballistic (<XYZ> will happen, I just know it) So buy gold now, to front-run <XYZ> […]

FinSMEs: Monetary Metals Raises over $506K in Equity Funding

By FinSMEs, November 23, 2016 Monetary Metals, a Scottsdale, AZ-based gold investment firm, raised over $506k in equity funding. The pre-money valuation of Monetary Metals was $3m. The backers were not disclosed. The company plans to use the proceeds to accelerate its gold fixed-income product, its marketing including the launch of an important gold market […]

The Dollar Is Rising, Report 20 November, 2016

“The problem with central banks is that they increase the quantity of money in the same way that the problem with piping sewage into a swimming pool increases the quantity of water.” It’s not really about the quantity, is it? It’s about the quality. We believe that millions of people can see that the quality […]

Monetary Metals Raises $506,000 in $400,000 Equity Financing

Scottsdale, Ariz., November 18, 2016—Monetary Metals announces that it has raised over $506,000 in equity capital. The pre-money valuation of the company was $3,000,000. The company had set out to raise $400,000, so the round closed at 27% oversubscribed. The company plans to use the proceeds to accelerate its gold fixed-income product, its marketing including […]

Backwardation Profit Taking, Report 13 November, 2016

The big news this week is that Donald Trump was elected to be the next president of the United States. Whether due to his comments about restructuring the government debt, tariffs on imported goods, or other economic concerns, many expected news of his election to push up the price of gold. They were wrong. Every […]

Gold Always Wins, Report 6 November, 2016

This week the prices of the metals, as measured in terms of the much-abused and much-hated but much-preferred US dollar, went up. +$28 and +0.66 respectively. That’s a pretty big deal. So big, in fact, that a prominent voice for the use of gold as money tweeted about it. You may want to skip past […]