LAS VEGAS, July 15, 2016 /PRNewswire/ -- 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.
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Both gold investors and businesses benefit from Monetary Metals' innovative financing structure. It reduces risk to investors, while also reducing complexity and cost to businesses.
Monetary Metals provides physical gold to Valaurum, to meet its needs in making the Aurum® gold currency unit. Valaurum's proprietary manufacturing process requires a fixed quantity of gold. Monetary Metals provides this gold, while retaining ownership.
Conventional precious metal financing is not only costly, when it's available at all, but complex. Gold's high value and volatile price means that companies which borrow cash to buy gold are risking big losses. Borrowers typically use complex hedging strategies, which adds extra moving parts, people, and costs. The Monetary Metals solution does not transfer price risk to the company.
"Monetary Metals' offered Valaurum an unusually affordable and simple product for financing gold for our manufacturing process. By helping us expand production and lower our costs, Monetary Metals has advanced our mission of putting gold into the hands of everyone who wants it," said Dr. Adam Trexler, President of Valaurum.
"We are excited to help Valaurum with its gold financing needs. Our innovative business model matches businesses who need gold, with investors who are willing to provide it. We can now offer a yield on gold, paid in gold," said Keith Weiner, Monetary Metals' CEO.
About Monetary Metals
Monetary Metals (www.monetary-metals.com) is the pioneer in gold investments. Monetary Metals believes a prudent investment strategy utilizes assets to generate yield, not to speculate. The company's flagship offering is the Gold Exponential Fund. Monetary Metals also offers a fixed income product, with other investment vehicles under development. Monetary Metals publishes groundbreaking research to help investors understand the emerging role of gold as the ultimate measure of wealth.
CONTACT:
Arie Levy-Cohen
Email
917.692.6999
About Valaurum
Valaurum (www.valaurum.com) is democratizing physical gold ownership. Using proprietary nanotechnology, Valaurum offers the Aurum®, a 'Thin Film Precious Metal' that contains precisely 1/4, 1/10 or 1/20 gram of pure 24K gold and features industry-leading anti-counterfeiting technology. The Aurum is protected by worldwide patents pending and numerous trade secrets. By making everyday values of gold available to all people, Valaurum is creating the premium method of storing value in the 21st century.
CONTACT:
Adam Trexler
Email
503-995-1503
SOURCE Monetary Metals
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