Tag Archive: gold lease

Reflections Over 2022

2023-01-02

The life of an entrepreneur is not what most people would call “normal”. I don’t refer to the guy who buys a fast-food franchise. Nor to the gal who builds a chain of hair salons. Nor to the folks who have law or accounting firms. These are all entrepreneurship. I don’t know a lot about how these businesses work, but I do know one thing.

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Monetary Metals Leases Gold to Brite Metals

2020-04-11

by Keith Weiner

2020-04-11

Scottsdale, Ariz, April 7, 2020—Monetary Metals® announced today that it has leased gold to UK-based Brite Metals. The lease enables Brite Metals to buy gold from Latin American gold miners, and sell it to European refiners.

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Why Are People Now Selling Their Silver? Report 15 Sep

2019-09-17

by Keith Weiner

2019-09-17

This week, the prices of the metals fell further, with gold -$18 and silver -$0.73. On May 28, the price of silver hit its nadir, of $14.30. From the last three days of May through Sep 4, the price rose to $19.65. This was a gain of $5.35, or +37%. Congratulations to everyone who bought silver on May 28 and who sold it on Sep 4.

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Quantum Metal Lease #1 (gold)

2019-02-13

by Keith Weiner

2019-02-13

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.

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Monetary Metals Leases Gold to Quantum Metal

2019-02-08

by Keith Weiner

2019-02-08

Scottsdale, Ariz, February 8, 2019—Monetary Metals® announces that it has leased gold to Quantum Metal, to support the growth of its business of selling gold through retail banks. Investors earn 4.5% on their gold, which is held as Perth Mint minted gold bars in inventory. Monetary Metals has a disruptive model, leasing gold from investors who own it and subleasing it to businesses who need it, typically for inventory or work-in-progress.

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