Monetary Metals Finances Scottsdale Precious Metals at 5.5%

Monetary Metals Finances Scottsdale Precious Metals at 5.5%

True gold lease finances vintage jewelry
Scottsdale, Ariz., May 2, 2017—Monetary Metals announces that it has provided gold financing to Scottsdale Precious Metals. The gross interest rate is 5.5%.

Monetary Metals purchased the inventory of Scottsdale Precious Metals, and leases it back. Monetary Metals paid for it in gold, and will receive its gold back in the end. This innovative True Gold Lease structure allows Scottsdale Precious Metals to make money, without the risk of volatile gold prices or the cost and complexity of hedging.

Monetary Metals raises gold from investors. Its unique model offers them a yield on gold, paid in gold®, while they retain title to their metal. The investors in this deal are getting a 3.5% gold-on-gold yield, and Monetary Metals earns a fixed spread between the gross rate paid by Scottsdale Precious Metals and the net rate paid to the investors.

“We are excited to do business with a local company that is saving great vintage jewelry from being melted down,” said Keith Weiner, CEO of Monetary Metals.

“The lease from Monetary Metals is transformative to our industry. Backed by this financing, we have a significant competitive advantage and expect to rapidly gain market share,” said Jon Goldberg, CEO of Scottsdale Precious Metals.

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. The company also manages the Gold Exponential Fund™, and has other gold investments under development. Monetary Metals publishes groundbreaking research to help investors understand the emerging role of gold as the ultimate measure of wealth.

CONTACT
Daniel Rozzi, VP Relationships
631.402.6840
[email protected]

 

About Scottsdale Precious Metals

Scottsdale Precious Metals purchases high-quality vintage jewelry that would otherwise be melted down for its gold and silver content. The company cleans each piece, and finds it a new home with someone who will enjoy it for many years to come.

CONTACT
Jon Goldberg, CEO
480.326.4232
[email protected]

Monetary Metals Partners With ABC Bullion

Partnership with LBMA accredited refiner lowers barrier to Asian investors

SCOTTSDALE, Ariz., and SYDNEY, Dec. 13, 2016 — Monetary Metals and ABC Bullion announce that they have entered into a cooperative agreement to provide precious metals trading and storage to Monetary Metals and its clients. The agreement will help Monetary Metals onboard Australian and Asian clients, facilitate logistics for its precious metals leasing business, and increase geographic diversification in its Gold Exponential Fund™.

Under the terms of the agreement, Monetary Metals will bring new business to ABC Bullion, and vice versa. The two companies will mutually promote each other’s business to their respective clients.

“We are excited to partner with a leading precious metals refiner and depository in Australia. We are looking forward to accelerating our business globally,” said Keith Weiner, CEO of Monetary Metals.

Jordan Eliseo, Chief Economist for ABC Bullion, said that that agreement with Monetary Metals was a natural fit for their refining, bullion trading and private vaulting business, noting that “the team at Monetary Metals are real innovators in the precious metal space. Investment demand for gold and silver is set to grow considerably in the coming years, and it’s exciting for us to work with Monetary Metals on the solutions they’re bringing to the market.”

About Monetary Metals

Monetary Metals unlocks the productivity of gold by offering a yield on gold, paid in gold and gold financing, simplified. The company’s flagship offering is the Gold Exponential Fund. Monetary Metals also offers a fixed income product, with other investment vehicles under development. Monetary Metals publishes groundbreaking research to help investors understand the emerging role of gold as the ultimate measure of wealth. http://monetary-metals.com

CONTACT
Bron Suchecki, VP Operations
[email protected]
+61 4 1210 1912

About ABC Bullion

Trading since 1972, ABC Bullion is Australia’s largest independent bullion dealer and precious metal depository, providing Australia’s only twenty-four hour two-way market in physical precious metals, via its online investment portal, and trading teams located in Sydney, Perth and Hong Kong. ABC Bullion products are exclusively produced by ABC Refinery, Australia’s only independent LBMA accredited gold refinery. ABC Bullion is the official manufacturer of the Emirates Melbourne Cup. http://www.abcbullion.com.au/

CONTACT
Jordan Eliseo, Chief Economist
[email protected]
+61 4 0986 3594
+61 4 2273 4988

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 the launch of an important gold market indicator, intellectual property, and general corporate purposes.

“We are on a mission to unlock the utility of gold. We are pleased that investors from all around the world saw our vision—Europe, the Antipodes, China, and North America—and came on board,” said Keith Weiner founder and CEO.

The company’s offerings include the Gold Exponential Fund, a managed, private investment created to meet the needs of sophisticated investors looking to put their gold to work. The Fund seeks to compound investors’ physical gold, while vaulting it outside the banking system to avoid counterparty risk.

About Monetary Metals

Monetary Metals unlocks the productivity of gold by offering a yield on gold, paid in gold and gold financing, simplified. The company’s flagship offering is the Gold Exponential Fund. Monetary Metals also offers a fixed income product, with other investment vehicles under development. Monetary Metals publishes groundbreaking research to help investors understand the emerging role of gold as the ultimate measure of wealth.
CONTACT:
Keith Weiner
[email protected]
602-478-9275

Introducing Yield Purchasing Power

The monetary debate seems artificially limited. On one side is Federal Reserve policy based on discretion. On the other is policy based on rules. It’s Keynes vs. Friedman. It’s central planning of our economy based on the reactive whims of wise monetary planners vs. central planning of our economy based on the proactive rules written by … wise monetary planners.

On the rules side, there is a sub-debate. Should we have central planning based on unemployment and the Consumer Price Index (as now) or switch to central planning based on another metric such as GDP?

Whether one is on team Keynes or team Friedman, whether one is on sub-team Friedman CPI or Friedman GDP, everyone seems to take something for granted. That is, the quantity theory of money. If the quantity rises, then prices follow. However, since prices (especially commodity prices) are not really rising, this would seem to give more leeway to the monetary planners, to inflict more monetary policy on us.

There is something about this which few acknowledge. To increase the quantity of dollars—which is not money, but that’s a whole ‘nother discussion—the Federal Reserve buys bonds. Whatever effect this may have on the price of a new Chevy, it obviously affects the price of the Treasury bond. It pushes the bond price up. Since the interest rate is a strict mathematical inverse of the bond price, we have an obvious conclusion.

The Fed is pushing down the rate of interest.

We can say that the interest rate is the collateral damage. The Keynesians and Friedmanites, in their zeal to increase the quantity of dollars, support or at least ignore the falling interest rate. OK, but who cares about the interest rate? You should care. Everyone is impacted by the 35-year global trend of falling interest rates.

The falling rate ushers in a kind of hyperinflation. You won’t see it by looking at prices, or purchasing power. If you look at the value of your portfolio and divide by the cost of living, you may be lulled into a false sense of security.

You will see the hyperinflation, if you look at it another way. Instead of the liquidation price of assets, consider the yield on assets. Instead of selling off the family farm to buy groceries, think of operating that farm to grow food. Can you live on the crops you produce? Or must you liquidate piece of it, just to survive?

The same question applies to any capital asset including a bank balance. Is it possible to live on the interest?

In the cold harsh light of yield purchasing power, we can see the erosion of our capital base. Since civilization itself depends on capital accumulation, this erosion is a retrogressive force dragging us back to another dark age.

I gave a 45-minute presentation on Yield Purchasing Power at American Institute for Economic Research in Great Barrington, MA on October 14, 2016. I am grateful to the Institute for recording video of my presentation plus extended Q&A.

Monetary Metals Builds Out Its Team of Professionals

New York, NY, October 20, 2016—Monetary Metals announces that it has hired three Relationship Managers. This team works to identify investors who can benefit from the Monetary Metals Gold Exponential Fund, the only fund that offers a yield on gold, paid in gold ounces. The company has set a goal of 60,000 ounces (about two tons) of gold under management in its Gold Exponential Fund by the end of 2017.

The company welcomes on board Daniel Rozzi, who was previously a financial advisor at Morgan Stanley, Dickson Buchanan and Addison Quale who were previously at Schiff Gold. This department is structured to collaborate closely.

“We have incorporated both conventional investment and gold subject matter experts. This team will drive growth of our unique offer of a yield on gold, paid in gold,” said Keith Weiner, CEO of Monetary Metals.

Regulatory compliance for sales activity will be supervised by Monetary Metals partner Ashton Stewart & Co., a registered broker dealer, Member FINRA & SIPC.

The Monetary Metals Gold Exponential Fund is a managed, private investment created to meet the needs of sophisticated investors looking to put their gold to work. The Fund seeks to compound investors’ physical gold, while vaulting it outside the banking system to avoid counterparty risk.

 

About Monetary Metals

Monetary Metals is the pioneer in gold investments. Monetary Metals believes a prudent investment strategy utilizes assets to generate yield, not to speculate. The company’s flagship offering is the Gold Exponential Fund. Monetary Metals also offers a fixed income product, with other investment vehicles under development. Monetary Metals publishes groundbreaking research to help investors understand the emerging role of gold as the ultimate measure of wealth.
CONTACT:
Arie Levy-Cohen
[email protected]
917.692.6999
About Daniel Rozzi
Daniel joins Monetary Metals after a career in asset management and private client strategy at Morgan Stanley. With a degree in History and Political Science from the University of Delaware, he has a profound interest in the role of gold throughout history and its potential within the modern global economy.

About Dickson Buchanan
Prior to Monetary Metals, Dickson was the Director of International Development at SchiffGold. He has a Masters in Economics from King Juan Carlos University in Madrid, where he studied under renowned economists Jesús Huerta de Soto and Juan Ramón Rallo. His interests include monetary theory, capital theory, entrepreneurship, and the history of economics.

About Addison Quale
With an economics degree from Harvard University and an MDIV from Gordon-Conwell Theological Seminary, Addison has experience both in investment consulting at Cambridge Associates and in youth ministry. His discovery of the importance of gold led him to SchiffGold, where he was a broker for the last three years.

Monetary Metals Partners with Broker-Dealer Ashton Stewart & Co., Inc. to Market and Offer its Investment Funds

SCOTTSDALE, Ariz., Sept. 29, 2016 /PRNewswire/ — Monetary Metals announces its partnership with Ashton Stewart & Co., Inc. (Ashton Stewart). Ashton Stewart will offer the Monetary Metals Gold Exponential Fund to accredited investors. Ashton Stewart is a FINRA-licensed broker-dealer headquartered in New York. Ashton Stewart will also provide compliance for Monetary Metals’ growing sales team.

The Monetary Metals Gold Exponential Fund is a managed, private investment created to meet the needs of sophisticated investors looking to put their gold to work. The Fund seeks to compound investors’ physical gold, while vaulting it outside the banking system to avoid counterparty risk.

“We are looking forward to our partnership with Monetary Metals to offer accredited investors unique precious metal backed products to help them diversify their holdings,” said Braun Jones, Chief Executive Officer of Ashton Stewart.

“Ashton Stewart is a forward-thinking and gold-savvy broker-dealer. We are excited to partner with them to bring our Fund to more investors who could benefit from its unique structure,” said Keith Weiner, CEO of Monetary Metals.

Monetary Metals logo

About Monetary Metals

Monetary Metals is the pioneer in gold investments. Monetary Metals believes a prudent investment strategy utilizes assets to generate yield, not to speculate. The company’s flagship offering is the Gold Exponential Fund. Monetary Metals also offers a fixed income product, with other investment vehicles under development. Monetary Metals publishes groundbreaking research to help investors understand the emerging role of gold as the ultimate measure of wealth.

CONTACT:
Arie Levy-Cohen
Email
917.692.6999

ashton

About Ashton Stewart

Ashton Stewart International Holdings is a diversified financial services holding company. ASIH companies include an independent middle-market investment bank, a registered investment advisory firm, and a corporate finance advisory services and consulting business. Capabilities of the combined entities include advisory services to corporations, partnerships, and institutions for mergers, acquisitions, and restructurings, private equity and debt placements, structuring and placing unique securities transactions, business valuation, market development, and strategic planning services, institutional asset management, as well as wealth management and financial planning services for individuals.

CONTACT:
Braun Jones
Email
866.939.1967

Monetary Metals Closes First Gold Fixed-Income Deal at 5%

FREEDOMFEST LAS VEGAS, Nev., July 15, 2016—At FreedomFest, Monetary Metals announces that it has closed its first gold fixed-income deal, to finance the gold working inventory of Valaurum. The initial amount of gold meets Valaurum’s current needs, with room for expansion driven by its growth. The interest rate is 5 percent of the gold, paid in gold.

Both gold investors and businesses benefit from Monetary Metals’ innovative financing structure. It reduces risk to investors, while also reducing complexity and cost to businesses.

Monetary Metals provides physical gold to Valaurum, to meet its needs in making the Aurum® gold currency unit. Valaurum’s proprietary manufacturing process requires a fixed quantity of gold. Monetary Metals provides this gold, while retaining ownership.

Conventional precious metal financing is not only costly, when it’s available at all, but complex. Gold’s high value and volatile price means that companies which borrow cash to buy gold are risking big losses. Borrowers typically use complex hedging strategies, which adds extra moving parts, people, and costs. The Monetary Metals solution does not transfer price risk to the company

“Monetary Metals offered Valaurum an unusually affordable and simple product for financing gold for our manufacturing process. By helping us expand production and lower our costs, Monetary Metals has advanced our mission of putting gold into the hands of everyone who wants it,” said Dr. Adam Trexler, President of Valaurum.

“We are excited to help Valaurum with its gold financing needs. Our innovative business model matches businesses who need gold, with investors who are willing to provide it. We can now offer a yield on gold, paid in gold,” said Keith Weiner, Monetary Metals’ CEO.

 

Monetary Metals logo

About Monetary Metals

Monetary Metals (www.monetary-metals.com) is the pioneer in gold investments. Monetary Metals believes a prudent investment strategy utilizes assets to generate yield, not to speculate. The company’s flagship offering is the Gold Exponential Fund. Monetary Metals also offers a fixed income product, with other investment vehicles under development. Monetary Metals publishes groundbreaking research to help investors understand the emerging role of gold as the ultimate measure of wealth.
CONTACT:
Arie Levy-Cohen
[email protected]
917.692.6999

 
Valaurum Logo

About Valaurum

Valaurum (www.valaurum.com) is democratizing physical gold ownership. Using proprietary nanotechnology, Valaurum offers the Aurum®, a ‘Thin Film Precious Metal’ that contains precisely 1/4, 1/10 or 1/20 gram of pure 24K gold and features industry-leading anti-counterfeiting technology. The Aurum is protected by worldwide patents pending and numerous trade secrets. By making everyday values of gold available to all people, Valaurum is creating the premium method of storing value in the 21st century.

CONTACT:
Adam Trexler
[email protected]
503-995-1503

Monetary Metals Hires Bron Suchecki

Scottsdale, AZ—Monetary Metals is pleased to announce that it has hired Bron Suchecki as Vice President, Operations. Bron will help the company develop new products and processes.

“We are excited to be able to attract someone of Bron’s caliber. We are growing to serve many customer opportunities, and Bron is a key part of our team,” said Keith Weiner, the CEO.

Bron leaves a management position at the Perth Mint, where he has become widely known over 20 years there. His areas of expertise include the physical side of the bullion business, risk management, and market analysis.

Bron will help the company grow its fund and market letter business, and develop additional products as part of the Monetary Metals vision.

 

About Monetary Metals
Monetary Metals is the leading company in gold investments, offering investors a gold yield on their gold. The company also publishes much of its groundbreaking proprietary research, to help the investment community better understand gold and its emerging role.

Contact:
Keith Weiner, CEO
keith _at_ monetary _dash_ metals _dot_ com

Invitation: Event in London Oct 2

You are cordially invited to a discussion of the economy, markets, interest rates, commodities, speculation, investment, and of course the monetary metals and our unique approach to valuing them. This seminar was successful in New York on Sep 11, and all the seats filled up.

Here is the agenda.

 

1pm to 2:30pm

You cannot understand what’s happening in the markets with the conventional view. This view says that central banks print, that a currency’s value is the inverse of its quantity, the dollar will lose its reserve status, massive inflation is just around the corner, and interest rates are going to skyrocket.

Presenting a radical and new theory of money, credit, interest, prices, inflation, and currencies.

Where are we now in the cycle?

2:45 to 3:30pm

Discussion of how to understand the gold and silver markets, and how we calculate the value of the metals.

3:30 to 4:30pm

The Monetary Metals vision and roadmap. We’ll discuss a proper yield on investment vs. speculation. Also, we’ll look at paper dollar returns vs. gold returns. How do we move towards the gold standard?

4:30 to 5:00pm

We want your feedback. What do you think of investing, gold, and our vision?

Friday, October 2 at 1pm. Central London. RSVP here.

Invitation: Event in NYC Sep 11

You are cordially invited to a discussion of the economy, markets, interest rates, commodities, speculation, investment, and of course the monetary metals and our unique approach to valuing them.

Here is the agenda.

 

1pm to 2:30pm

You cannot understand what’s happening in the markets with the conventional view. This view says that central banks print, that a currency’s value is the inverse of its quantity, the dollar will lose its reserve status, massive inflation is just around the corner, and interest rates are going to skyrocket.

Presenting a radical and new theory of money, credit, interest, prices, inflation, and currencies.

Where are we now in the cycle?

2:45 to 3:30pm

Discussion of how to understand the gold and silver markets, and how we calculate the value of the metals.

3:30 to 4:30pm

The Monetary Metals vision and roadmap. We’ll discuss a proper yield on investment vs. speculation. Also, we’ll look at paper dollar returns vs. gold returns. How do we move towards the gold standard?

4:30 to 5:00pm

We want your feedback. What do you think of investing, gold, and our vision?

Friday, September 11 at 1pm. Midtown Manhattan. RSVP here.