SCOTTSDALE, Ariz., May 5, 2022 /PRNewswire/ — Monetary Metals® recently closed a $4.5 million equity fundraising, bringing the total funds raised to more than $8.5 million. The objective of the capital increase is to support the growth of the company.
This round was oversubscribed, like all previous rounds. The company aimed to increase $3 million.
The founder and CEO of Monetary Metals, Keith Weiner commented, “We have generated strong investor interest in our company during this capital raise as we have created a new market, demonstrated traction and anticipate continued exponential growth.”
Monetary metals offer investors the opportunity to earn interest on their gold holdings, increasing their total ounces over time. The company does not charge storage fees, thus maximizing returns for customers.
Of the society Gold Fixed Income Offering is emerging as an alternative to dollar fixed income investments and savings accounts. Investors can earn 2-3% on gold and silver, instead of fractions of a percent on dollars. High net worth individuals, gold industry investors, family offices and institutions are among those opening accounts.
Monetary metals paid a return on gold, in gold, since 2016. His business has grown exponentially and is now exploring greater opportunities. Monetary Metals has a track record of approximately 40 real gold (and silver) leases, and the world’s first true gold bond.
Notable investors in this round included Daniel Olivier Jr., founder and director of Myrmikan Capital, and director of the Committee for Monetary Research and Education. “Monetary metals allow businesses to return to the relative stability of a gold standard and thereby mitigate exposure to political and speculative currency instability. Their success so far is encouraging”
mickey fun, a prominent geologist who focuses on gold, also participated. “Monetary Metals’ business model allows a portion of my gold holdings to generate a rate of return over a short period of time. It’s hard to beat that as an investment in a world of negative real interest rates.”
For more information on Monetary Metals and its fixed income investments in gold, visit: monetary-metals.com and: metals-monetaires.com/investment/income-fixed-gold/.
About monetary metals
Monetary Metals® unleashes the productivity of Gold™ by delivering a Return on Gold, Paid in Gold® to investors, and Gold Financing, Simplified™ companies using gold (mints, miners, refiners, jewellers, etc.). In addition, the company’s proprietary market analysis and charts, including gold forward rate, are used by gold investors and gold-using businesses around the world. The company’s content is widely syndicated on gold, alternative investment and mainstream sites.
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SOURCE Monetary Metals & Co.