The loan is denominated in gold with interest and principal paid in gold Scottsdale, Ariz., June 9, 2020—Monetary Metals® announced today that it has loaned gold to Sector Resources Canada Ltd., a British Columbia based gold mining company. The private transaction was conducted off-market, and the interest rate and terms were not disclosed. Monetary Metals’ […]
Clients earned big gains by converting their coins and bars to bulk bullion Scottsdale, Ariz., May 14, 2020—Monetary Metals® announced today the first tranche of its program to offer an instant yield to clients who have coins and small bars. The market currently offers a historically high premium on these products. But until now, […]
Scottsdale, Ariz, April 7, 2020—Monetary Metals® announced today that it has leased gold to UK-based Brite Metals. The lease enables Brite Metals to buy gold from Latin American gold miners, and sell it to European refiners. The Latin American gold mining industry has faced difficulties in recent years. Several refiners have stopped buying their output, […]
Scottsdale, Ariz, October 25, 2019—Monetary Metals® announced today that it has leased platinum to Money Metals Exchange® to support its U.S.-based business of selling precious metals at retail and wholesale. Investors earn 3% on their platinum, which is held in Money Metals’ inventory vault in the form of platinum coins, bars, and rounds. The lease […]
GBI saves money financing Auvere™ 24k jewelry, with a Monetary Metals lease Scottsdale, Ariz, June 17, 2019—Monetary Metals announces that it has leased gold to Gold Bullion International, to support the rapid growth of GBI’s fine 24k gold jewelry business, Auvere™ (www.auvere.com). The metal is held in the form of jewelry inventory. A Monetary Metals […]
Scottsdale, Ariz, May 3, 2019—Monetary Metals® announces that it has leased silver to Money Metals Exchange® to support the growth of its business of selling gold and silver at retail and wholesale. Investors earn 2.2% on their silver, which is held in Money Metals’ vault in the form of silver products. Monetary Metals has a […]
Malaysia’s leading gold distributor saves money with a Monetary Metals lease Scottsdale, Ariz, February 8, 2019—Monetary Metals® announces that it has leased gold to Quantum Metal, to support the growth of its business of selling gold through retail banks. Investors earn 4.5% on their gold, which is held as Perth Mint minted gold bars in […]
Retailer of Gold Without Borders™ 24k jewelry saves money with a Monetary Metals lease Scottsdale, Ariz, June 20, 2018—Monetary Metals announces that it has leased gold to GoldSilver™, to support the growth of its line of fine gold jewelry, Gold Without Borders™, at an interest rate of 4.0%. The metal is held in the form […]
Scottsdale, Ariz., June 13, 2018—Monetary Metals® announces the close of its second equity capital round, bringing the total raised to $1.5 million. The company has been raising money from individual high net worth investors globally. It will use the proceeds to elevate its profile and continue to hit its milestones. Monetary Metals has a unique […]
Monetary Metals Fourth Lease to Scottsdale Precious Metals Prices 1% Lower Scottsdale, Ariz, May 9, 2018—Monetary Metals announces that its recent gold financing of Scottsdale Precious Metals priced at a gross interest rate of 4.5%, a full percentage point lower than previous deals. This is the first one covered by Monetary Metals’ new insurance. Rates […]
