Does the idea of investing in precious metals intrigue you? How about leasing your precious metals and making money by charging interest on them? This is a different idea than what you'll find with most other precious metals investment companies, and it is what sets Money Metals apart from the rest.
But, how exactly does leasing work? Is it profitable and worth your time? Continue reading to learn more about Money Metals and what they offer.
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About Monetary Metals
Monetary Metals was founded by Keith Weiner in 2012. The company website states that the company is "one a mission to Unlock the Productivity of Gold." They want to help their customers maximize their earning potential through gold and silver investments.
While this may sound similar to what other precious metals investment companies say, the approach that Monetary Metals takes to achieve this goal is actually quite different. While other precious metals companies give clients the opportunity to purchase gold and silver coins and bars, Monetary Metals helps its customers earn a yield by leasing their gold to other business. We'll take a deeper look at exactly how this works in a moment.