Stay updated with breaking news from Ishine Resources. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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...
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 a...
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 Chame...