MM GOFO™ is quoted daily on company website LONDON, June 23, 2017—Monetary Metals announces that it is now publishing the gold forward rate (GOFO), calculated using public market data. The MM GOFO™ has better than 0.99 correlation to the historical GOFO published by the London Bullion Market Association (LBMA). The company also publishes the silver […]
True silver lease finances vintage silver jewelry SCOTTSDALE, Ariz., June 1, 2017 – Monetary Metals announces that it has provided silver financing to Scottsdale Precious Metals. The gross interest rate is 5.75%. Monetary Metals purchased the inventory of Scottsdale Precious Metals, and leases it back. Monetary Metals provided silver to the company, and will receive […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]