Last month Monetary Metals CEO Keith Weiner spoke on a panel at the prestigious 2023 Dubai Precious Metals Conference. As the world grapples with record inflation and escalating debt concerns, Keith presented a new narrative for the role of gold in international finance. Ahmed Bin Sulayem, Executive Chairman and CEO of the DMCC covered the conference […]
Scottsdale, Ariz – November 21, 2023 – Monetary Metals and DD Metals DMCC are pleased to announce they have signed a gold lease agreement to finance DD Metals’ inventory and increase trading volumes. DD Metals DMCC is a market leader in precious metals commodity trading, financing, mining and logistics. Mr. Gokhan Yılmaz, CEO of DD […]
Scottsdale, Ariz – October 16, 2023 – Monetary Metals is pleased to announce it has leased gold to IGR Metals Trading DMCC, a subsidiary of Istanbul Gold Refinery (IGR). IGR products are accredited as “good delivery” by the LBMA (London Bullion Market Association), and COMEX. IGR Metals Trading DMCC is a member of the Dubai Gold […]
A fissure in the monetary system is very dangerous. Leaving aside that you can lose money into it, it causes market participants to drastically alter their behavior, which can cause the collapse of financial institutions, gross misallocations of capital, and other collateral damage.
Scottsdale, Ariz – September 26, 2023 – Monetary Metals is pleased to announce it has leased gold to AgaBullion, a multi-line, integrated precious metals company headquartered in Istanbul. This is the 52nd lease that Monetary Metals has funded, expanding its international dealmaking footprint to include six countries outside the US. The lease finances AgaBullion’s gold trading […]
Macroeconomists, it is said, have physics envy. Physicists measure how gasses behave as temperature, pressure, and mass of gas molecules are changed, and write an equation to describe the relationship between these variables: PV = nRT (P = pressure, V = volume, n = amount of gas, R = ideal gas constant, and T = […]
In the world of finance, something has been haunting economists and investors alike: zombie firms. The Fed has created hordes of zombie firms, with a study in April 2021 finding that over 25% of U.S. companies were zombies in 2020. These undead firms have been sucking the life out of the economy. But things are […]
CEO Keith Weiner returns to popular radio show Turning Hard Times into Good Times hosted by Jay Taylor. Jay argues that the U.S. government hates gold because its rising price shines the light on the destruction of the dollar caused by the Federal Reserve’s printing press used to finance massive government deficits. The detractors of […]
We discuss capital consumption all the time, because it is the megatrend of our era. However, capital consumption is an abstract idea. So let’s consider some concrete examples, to help make it clearer. Flipping Homes, Consuming Capital First, let’s look at the case of Timothy Housetrader. Tim has a small two-bedroom house. Next door, his […]
For years, people blamed the global financial crisis on greed. Doesn’t this make you want to scream out, “what, were people not greedy in 2007 or 1997??” Greed utterly fails to explain the phenomenon. It merely serves to reinforce a previously-held belief. Far be it from us to challenge previously-held beliefs (OK, OK, we may […]
