Monetary Metals Fund Leases Silver at 1%

IMG Auteur
Published : September 11th, 2017
351 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Gold and Silver

Gold Exponential Fund utilizes Monetary Metals leasing program

Scottsdale, Ariz, September 7, 2017—Monetary Metals announces that its Gold Exponential Fund™ is leasing silver at a cost of 1% per annum. By leasing metal, the Fund adds a fixed-cost tier to its capital structure. The Fund has access to leverage at a rate well under LIBOR, and hence below the cost of other funds.

The Fund obtained the metal via another Monetary Metals entity, which provides gold financing to businesses and pays a fixed income on gold to investors (and silver). The lease to the Fund is a win-win deal for the investors, enhancing the potential returns to the equity investors while paying interest on silver to the investors who lease the metal.

Equity investors in the Fund must be accredited, and tolerant of the risks of trading. The lessors are not seeking the same risk and reward, are not purchasing a security, and are not required to be accredited.

“We are excited to demonstrate synergy between our two businesses, with the Fund leasing metal from our fixed-income division,” said Keith Weiner, CEO of Monetary Metals. He added, “the rate represents a balance between the interests of the Fund investors, who want a low cost of carry, and the lessors who want compensation for the use of their metal.”

“I am happy to lease my silver to the Fund for this rate, because I am comfortable with its governance and confident that I will get my metal back,” said Luis Rodriguez, a silver lessor in the deal.

About Monetary Metals

Monetary Metals® is Unlocking the Productivity of Gold™ by offering a Yield on Gold, Paid in Gold® to investors, and Gold Financing, Simplified™ to gold-using businesses. The company manages the Gold Exponential Fund™, which provides a way for investors to own gold and earn a yield, by trading between gold and silver. Monetary Metals publishes groundbreaking research to help investors understand the emerging role of gold as the ultimate measure of wealth, including the MM GOFO™ gold forward rate.

CONTACT
https://monetary-metals.com/
Daniel Rozzi, VP Relationship Management
(646) 653-9729 ext. 1
[email protected]

Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Keith Weiner is a technology entrepreneur and president of the Gold Standard Institute USA. He was the founder of DiamondWare, a Voice Over Internet Protocol software company, which he sold to Nortel in 2008. He is an Objectivist who has his PhD from the New Austrian School of Economics, with a focus on monetary science. Keith, who currently trades and analyzes precious metals and commodities, advocates a return to a proper gold standard and laissez-faire capitalism. He lives with his wife near Phoenix, Arizona.
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Another One Bites the Dust
03:31Doom
Shallow it may be, but it's frickin' hilarious to laugh at all the hypocritical jerks who gave Trump ("I'm no angel") endless grief for his "when y...
Brexit, Gold and Harold Wilson's 'Pound in Your Pocket', 50 Years On
20 NovThemis
Good points, however Brexit is not entirely about the value of the pound or the cost of living. Many of those who voted in favour of leaving the U...
Another One Bites the Dust
20 NovThe Recusant0
Seems rather shallow to fault Franken for a tasteless comedic prank after electing the "grab them by the p*ssy" adulterer to the presidency.
Another One Bites the Dust
18 Novdennyc1
I happened to read one of Franken's book about all of the hypocrites in office, business,etc. his sanctimonious air notwithstanding I thought the g...
Brexit, Gold and Harold Wilson's 'Pound in Your Pocket', 50 Years On
18 Novkevthorne
A well informed article, giving the insight into what Brexit will really mean for the UK.
What Now?
14 NovThemis
Kunstler has a talent for summarizing complex situations in a pithy and entertaining way. The Middle East is being reduced to a drawn out proxy wa...
Spanking the Monkey
14 Novprljr
They wonder why Russia Today has such a big following. Real news is much more interesting than the MSM circus. Especially when you question more.
Spanking the Monkey
12 NovGypsy
James, I've been wondering about the Hollywood Spank the Monkey thing ever since the advertising firms came out with their "Can't Wait to Get Their...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS