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Quantum Metal Lease #1 (gold)

Monetary Metals leased gold to Quantum Metal, to support the growth of its gold distribution business through retail bank branches. The metal is held in the form of retail Perth Mint bars.

For more information see Monetary Metals’ press release.

Metal: Gold
Commencement Date: January 31, 2019
Term: 1 year
Lease Rate: 4.5% net to investors

Offers for Quantum Metal

Offers for Quantum Metal

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Full story here
Keith Weiner is president of the Gold Standard Institute USA in Phoenix, Arizona, and CEO of the precious metals fund manager Monetary Metals. He created DiamondWare, a technology company that he sold to Nortel Networks in 2008. He has his PhD from the New Austrian School of Economics. He lives with his wife near Phoenix, Arizona. In March 2015 he moved his Gold Standard column from Forbes to SNBCHF.com.
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Permanent link to this article: https://snbchf.com/2019/02/weiner-quantum-metal-lease-gold/

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