Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Is It Time To Just Sell All Your Gold?
By: Avi Gilburt

The Number That Ends This Cycle…Part 2: Goldman Sachs Makes Its Choice
By: John Rubino

Asian Metals Market Update: May-23-2018
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold and Silver End Mixed
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 5 22 2018
By: Ira Epstein

Looking Forward to Gold's Next Rally
By: Craig Hemke

New book, 'American Default,' examines dollar devaluation, gold confiscation of 1933
By: Chris Powell

What’s Next for Gold
By: Jordan Roy-Byrne CMT, MFTA

Gold: A $100 Price Sale
By: Stewart Thomson

Gold Market Charts – May 2018
By: BullionStar

 
Search

GoldSeek Web

 
Monetary Metals and Valaurum show that gold remains money and pays interest

By: Chris Powell, Secretary/Treasurer, GATA

 -- Published: Friday, 15 July 2016 | Print  | Disqus 

Dear Friend of GATA and Gold:

Gold's disparagers often say the monetary metal doesn't pay interest, though of course it does pay interest through gold lending, a common practice among central banks and bullion banks. Now the Monetary Metals investment house in Scottsdale, Arizona, run by Keith Weiner and Bron Suchecki, the latter formerly of the Perth Mint, has announced its own first gold leasing transaction -- to help finance the operations of the gold currency issuer Valaurum in Portland, Oregon:

http://valaurum.com/

Monetary Metals says the transaction will charge 5 percent interest, payable in gold:

https://monetary-metals.com/monetary-metals-closes-first-gold-fixed-inco...

That is, gold remains money and unlike other forms of money it's improving every day, though mainstream financial news organizations will never acknowledge it, at least not until they get as much advertising from Barrick Gold and Newmont Mining as they get from JPMorganChase and Goldman Sachs.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
Hilton New Orleans Riverside
New Orleans, Louisiana
http://neworleansconference.com/

Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:

https://jeffersoncompanies.com/landing/2014-av-powell

Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16


| Digg This Article
 -- Published: Friday, 15 July 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.