Monetary Metals was recently covered in the Family Wealth Report, a prominent publication to family offices and the high net worth wealth management industry. Family Wealth Report provides unique business intelligence on the world of North American family wealth to private bankers, family offices, asset managers, and more. Click here to read, “Monetary Metals Says Gold Yield Fits Wealth Menus.”
Why Monetary Metals?
Tom Burroughes, Group Editor of the Family Wealth Report described Monetary Metals’ Gold Fixed Income products as a “unique approach to tapping into the gold story: a yield in gold and paid in gold.”
CEO Keith Weiner was quoted, explaining the appeal of Monetary Metals’ Gold Fixed Income products:
“Monetary Metals is the only company that offers a Yield on Gold, Paid in Gold® to investors by financing qualified gold-using businesses. Investors can choose between short duration, secured leases, which offer between 2 per cent to as high as 4 per cent per annum. Or they can choose longer duration, riskier bonds that can offer double digit yields on an annual basis.”
The Family Wealth Report coverage also touched on the geopolitical and banking risks pushing investors to own the monetary metals. CEO Keith Weiner was quoted on his opinion of why the recent banking crisis and inflationary environment have reminded investors to think about Gold Fixed Income in their portfolio in regards to asset diversification and how to maximize overall returns:
“In light of the most recent banking crisis, gold offers so much. It offers one-of-a-kind protection against bank default risk, one-of-a-kind protection against erosion of principal due to inflation, and one-of-a-kind diversification for your asset portfolio, lowering volatility without sacrificing returns.”
CEO Keith Weiner concluded with a statement on the importance of adding a yield to gold’s value proposition, and how critics are waking up to the fact that gold is now an income-generating asset.
“That last remaining (valid) criticism of gold was that it didn’t produce a yield. We’ve clearly overcome this obstacle. It’s simply a matter of time before the rest of the world wakes up to the reality that gold can and does offer a yield,” he concluded.
Family Wealth Report Coverage
The coverage also covers the company’s origin, misconceptions about gold and the monetary system, and how new hires like Jeff Deist play a pivotal role in the company’s success.
You can read the full Family Wealth Report coverage here.