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Aldoro Resources Ltd (ASX:ARN) has enlisted Dr Caigen Wang, Tietto Minerals Ltd (ASX:TIE)’s founder and former managing director, as a non-executive. ....
First Gold Bond in the US in 87 Years Matures prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
An old bond strategy is new again and it’s good as gold A fledgling operation is hoping to turn back the clock by introducing gold bonds that are purchased and repaid with actual gold, a common practice about 90 years ago before FDR’s Gold Reserve Act put the kibosh on all the fun. January 13, 2021 4 MINS If you already thought gold investing was a fringe strategy, you might want to sit down for this one. The company, Monetary Metals & Co., already has one deal under its belt and is jockeying to gain traction by reminding folks that this was a common practice about 90 years ago before FDR’s Gold Reserve Act put the kibosh on all the fun. ....
Monetary Metals Issues World s First Gold Bond Since 1933 Investors earn interest on gold, finance gold mine News provided by Share this article Share this article SCOTTSDALE, Ariz., Jan. 6, 2021 /PRNewswire/ Monetary Metals® is pleased to announce the issuance of a bond paying principal and interest in gold. The term is one year, and the interest rate on invested gold is 13%. According to company CEO Keith Weiner, Ph.D., it is the first proper gold bond in 87 years. The proceeds fund a loan to Western Australia gold-mining company Shine Resources, enabling the firm to put its Chameleon project into production. Monetary Metals has performed extensive due diligence on both Shine Resources and the Chameleon project. ....