Frequently Asked Questions

Why earn interest on your gold and silver?

Before we dive into our frequently asked questions, an introduction to why you should even consider earning interest on gold silver might be helpful. The videos below feature presentations from our CEO Keith Weiner and Vice President of Marketing Dickson Buchanan. We lay out the reasons why earning interest on gold silver is so important today.

The videos will also provide an overview of our Gold Fixed Income product and show how the process works for earning interest on gold and silver.

Opening a Monetary Metals Account

The account minimum is 10 ounces of gold, or 1,000 ounces of silver.

You can begin the preliminary steps online, here.

If you prefer to talk to a Monetary Metals team member, just schedule a call that suits your schedule.

For our silver and gold bond offering, yes, you must be an accredited investor. Accredited investors are defined based on wealth and income thresholds, as well as other measures of financial sophistication. You do not need to be an accredited investor to open an account and participate in our leasing program.

Financial Criteria
– Net worth over $1 million, excluding primary residence (individually or with spouse or partner)
– Income over $200,000 (individually) or $300,000 (with spouse or partner) in each of the prior two years, and reasonably expect the same for the current year

Professional Criteria
– Investment professionals in good standing holding the general securities representative license (Series 7), the investment adviser representative license (Series 65), or the private securities offerings representative license (Series 82)
– Any “family client” of a “family office” that qualifies as an accredited investor

Preliminary account setup takes just a few minutes online, and can be done here.

After that, there are a couple online documents to complete, which generally take less than 5 minutes. In most cases, the account is officially open within 24 hours, ready to fund.

There are no forms to print, scan, or mail in order to set up an account.

To open an account, you’ll need to:

  • provide a photo ID if you are a US citizen; for non-US citizens, two copies of ID may be required
  • complete a W-9 (or a W8BEN or W8BEN-E for foreign account holders)
  • complete an escrow account agreement for storage purposes

You can begin the preliminary steps online, here.

If you prefer to talk to a Monetary Metals team member, just schedule a call that suits your schedule.

You can fund an account by wiring funds to purchase silver or gold, or sending in silver or gold bullion to one of the depositories we work with.

We accept all major bullion products when funding a Monetary Metals account.

We have clients across the globe, and can accept precious metals in many vaults around the world, not just in the US.

For metals being shipped from a residential address in the United States, we provide complimentary shipping and insurance via a pre-paid label from Fedex.

For metals being shipped from a vault or outside the United States, please contact a Relationship Manager for more information.

You can begin the preliminary steps online, here.

If you prefer to speak with a Monetary Metals team member, just schedule a call that suits your timeframe.

Investors will receive a countersigned copy of their account agreement upon opening.

When an investor puts their metal into a lease, they will receive a countersigned copy of the lease agreement. A sample lease agreement is available upon request.

Additionally, Monetary Metals sends client statements on a monthly basis. The statement shows how much interest the investor has earned, per metal type, over the previous period, year to date, and since inception.

The statement also shows the total metal balance, how much of that metal is in a lease, and the dollar values of all balances. To see a client statement, go here.

Clients can initiate a partial or full withdrawal of any metal not on lease by request at any time by completing a one-page form. Metal can be sold for cash, redeemed for physical delivery, or shipped to a different storage account.

Metal that is being leased would need to wait for the lease termination before it can be withdrawn.

Monetary Metals uses allocated pool gold and silver for all leases and interest payments.

This is the most liquid, efficient, and marketable form of physical ownership, and it best suits the business purposes of putting gold and silver to work for you.

When clients want to withdraw, they can liquidate the metal for cash, or they can convert their metal into any globally recognized bullion product for delivery.