Monetary Metals Closes First Gold Fixed-Income Deal at 5%
By GCRU Gold News on Friday, July 15 2016, 21:47 - Permalink
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.