What was that about gold being a sterile asset?
FREEDOMFEST LAS VEGAS, Nev., July 15, 2016—At FreedomFest, Monetary
Metals announces that it has closed its first gold fixed-income deal, to
finance the gold working inventory of Valaurum. The initial amount of
gold meets Valaurum’s current needs, with room for expansion driven by
its growth. The interest rate is 5 percent of the gold, paid in gold.
Read more here and check out the revamped Monetary Metals website.