The Critical Review: Exploring Monetary Metals

Have you encountered Monetary Metals while seeking the premier company for precious metals investment? Are they the ideal selection to assist with your precious metal investments, broaden your financial spectrum, and pave the way for retirement?

You're not alone in this quest. Numerous individuals, like you, are hunting for the perfect precious metals investment company and are pondering over Monetary Metals. Our goal with this review is to aid in answering your queries and provide further insight into the company. This will help you decide whether they align with your financial goals. So, stay with us, and we'll unravel the information you're eager to know!

• Offering: Gold Yield Marketplace

• Founder: Keith Weiner

• Aggregate Score: 2.8/5

The Essence of Monetary Metals Explored

Dissimilar to most precious metals enterprises, Monetary Metals sets itself apart. Instead of dealing in the buying and selling of tangible precious metals, this establishment presents a platform that offers a yield on investors' precious metals, known as the Gold Yield Marketplace.

This organization was established to rejuvenate the potential that gold once held. In the past, gold was currency, but today, investors keep it in their portfolios. The mission of Monetary Metals is to "awaken the productivity of gold," turning it once again into a valuable monetary asset. Their strategy involves providing gold financing to businesses, such as jewelers and refineries, that put gold to productive use. In return, Monetary Metals' investors are rewarded with a yield, supporting these gold-utilizing businesses while also earning money themselves.

Monetary Metals was founded in 2012 by Keith Weiner, who founded the Gold Standard Institute USA. In addition to his achievements, Weiner was instrumental in passing legislation in Arizona in 2017 that recognized gold as a legal tender.

Investing

Monetary Metals offers you a unique opportunity to invest your already-owned gold. Storing your gold in a safe or vault won't maximize your earnings. However, investing with Monetary Metals Gold Yield Marketplace can help you receive a yield on your gold and enhance your gains.

As you invest through the marketplace, you will receive interest on your gold, paid by other companies that lease it. This interest is paid in gold, thereby contributing to increasing your precious metals portfolio.

The interest rate you'll receive may vary. But since its establishment, the company's leases have provided a net interest rate between 2% and 4.5%, averaging around 3.2%. For instance, if you invest 100 ounces of gold, you will receive an annual yield of 103.2 ounces.

The firm utilizes a market-oriented process to determine interest rates. You can establish a minimum interest rate you're willing to accept for your metals, giving you more control. You're assured of receiving at least this amount if you need more.

Beyond gold investment, Monetary Metals also accommodates silver investments. By investing in both gold and silver, you can further boost your earning potential.

Finance Solutions

Enterprises seeking financing can collaborate with Monetary Metals to obtain the necessary funding. The company's gold leasing solutions aim to provide adaptability and mitigate risks for businesses requiring gold financing. Monetary Metals' financing alternatives are more economical than cash loans or employing external equity. They also offer more reliability and flexibility than unallocated deposits and are more scalable than merely using the owner's resources.

The financing solutions cater to a wide range of businesses that use gold. These enterprises encompass gold producers, mints, refineries, bullion traders, pawn brokers, jewelers, and industrial coin users.

Gold Economy Blog

A segment of the website hosts the organization's blog on gold economics. If you're still deciding about investing your gold through the Gold Yield Marketplace, perusing some of the blog posts may be beneficial. These articles elucidate the advantages of collaborating with the company and the potential benefits you could reap.

Among the most recent blog articles are: "Monetary Metals in Wealth Management, Townhall, Inside Sources, and Barron's," "Is the Gold Standard the Economists' Punching Bag?" and "Top Wealth Management Companies in Arizona."

Expand Your Knowledge with the Gold Exchange Podcast.

The Gold Exchange Podcast, freely accessible on the website, could serve as a valuable source to deepen your understanding of gold investments. At present, it boasts 23 diverse episodes, tackling an array of topics. A few of the latest installments include "The Backstory of the Nixon Shock," "Decoding the Debt Reset," "Untangling the Alleged Silver Squeeze," and "Demystifying the Complexities of Inflation."

Do Monetary Metals Have Any Cautionary Aspects?

Having delved deeper into Monetary Metals, it's time to examine if there are any cautionary aspects associated with the firm. We scoured reviews on Better Business Bureau, Business Consumer Alliance, TrustLink, and Trustpilot. However, we only discovered reviews on TrustLink, and none on the other platforms.

This does trigger a bit of concern. Monetary Metals has been operational since 2012, and the minimal presence of reviews on four of the most reliable review sites prompts us to question the company's client service and the standard of the services provided.

On the bright side, the limited eight reviews on TrustLink all boast a 5-star rating, a positive indicator.

• Better Business Bureau: Unrated; not a BBB Accredited Business

• Business Consumer Alliance: Unrated

• Trustpilot: Unrated

• TrustLink: Unrated

Decoding the Truth: Is Monetary Metals a Scam or Legitimate Investment?

Judging by our findings, it doesn't seem that Monetary Metals is a fraudulent operation. They have nearly a decade of experience in gold and silver investments.

However, whether you should collaborate with Monetary Metals is another matter. As we've indicated before, there need to be more online reviews for Monetary Metals, despite their long tenure in the business. When you consider that other companies in the precious metals arena boast hundreds, even thousands, of customer testimonials, choosing Monetary Metals feels like a gamble that might be optional.

Monetary Metals doesn't function like your standard gold investment firm either. Instead of offering the ability to buy tangible gold coins or bars, they operate a platform that provides a return on gold investments. They aim to collaborate with other businesses that employ gold in valuable ways and strive to restore gold's former status as a viable currency. While this approach is correct, investing in physical metals you can hold in your hands feels more direct and less fraught with potential pitfalls.

Features

• Investing and leasing your gold and silver can lead to earning a yield.

• Engaging your precious metals in investment activities can boost your earnings more than just stowing them away in a safe.

• On average, the interest rate for gold is around 3.2%.

• Monetary Metals provides gold-based financial solutions to businesses such as bullion dealers, gold manufacturers, mints, jewelers, refineries, and others.

• The Gold Exchange Podcast, accessible on the website, can guide you on leveraging gold investments to "tap into its productivity."

Advantages

• Earn an interest of 3.2% on the gold you invest.

• Numerous businesses can opt to partner with Monetary Metals for gold-based financing.

• The Gold Exchange Podcast is freely accessible on the website.

Disadvantages

• Limited available reviews

• You won't be buying tangible precious metals.

• Leasing gold appears complex and may only be understandable for some investors.

Final Verdict

So, would we advocate for partnering with Monetary Metals? No, we wouldn't. The scant online reviews for this company generate a significant amount of uncertainty about the service and support they extend. Furthermore, they don't accommodate traditional gold and silver investments like most other precious metals investment entities.

Instead, you'll lend your precious metals to other businesses and potentially reap interest from your lease. This might sound quite intricate, and the returns may need to meet your expectations. We recommend going with a more conventional precious metals investment company that assists you in acquiring physical precious metals for an IRA or your collection.