Monetary Metals 12% Silver return fund/bond

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I decided to join the bond. I'll let you know how it goes!

I believe Monetary Metals is doing a great thing for the world, remonetizing metals like this, and the risks seemed acceptable to me, especially given the interest rate.

Keep in mind that it's amortized, not compounding, so not all your metal is locked up the whole time. You get 3.32% of your investment amount every month for 36 months. After 3 years you'll get paid 20% of the initial investment in silver interest.
 
How do they earn money to pay the interest? They could be selling off metal to do it?
 
It is a loan to a silver mine. The mine pays investors back by digging the silver out of the ground.
 
“If somebody needed their metal back before the year lease is over, is that possible?”

“Yeah, it’s possible just don’t assume it’s going to happen.”

Start small and let them prove themselves. How did that work out for people that tried that with Tulving or others like it?

Not no, but hell no.
 
ewinslow said:
I decided to join the bond. I'll let you know how it goes!

I believe Monetary Metals is doing a great thing for the world, remonetizing metals like this, and the risks seemed acceptable to me, especially given the interest rate.

Keep in mind that it's amortized, not compounding, so not all your metal is locked up the whole time. You get 3.32% of your investment amount every month for 36 months. After 3 years you'll get paid 20% of the initial investment in silver interest.
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Call me skeptical (obviously from my posts earlier in the thread), but you're brand new to this forum (joined after this thread was made) and your only 2 posts are in this thread pumping up Monetary Metals? Hmm.....
 
CopperSilverGold said:
... you're brand new to this forum (joined after this thread was made) and your only 2 posts are in this thread pumping up Monetary Metals? Hmm.....
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He found the forum after seeing my x/twitter post. He's got a long posting history on X and from what I saw while skimming through them, he should fit right in here.

ewinslow said:
It is a loan to a silver mine. The mine pays investors back by digging the silver out of the ground.
Click to expand...

Given the current supply deficit with silver, that really begs the question on why a miner needs to borrow physical silver. It's a gamble on the miner honoring the loan.
 
pmbug said:
He found the forum after seeing my x/twitter post. He's got a long posting history on X and from what I saw while skimming through them, he should fit right in here.
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Gotcha....optically it didn't look good. Regardless, MM could offer a 1000% return and I wouldn't dare ship my metals to them or anyone else. Too many have been burned before (Tulving and Bullion Direct come to mind) for me to even consider this. I don't buy PMs with the intent to make money off of them. If the spot price is significantly higher at the time I need to liquidate, great, but it's not the motivation I need to buy them in the first place.
 
pmbug said:
He found the forum after seeing my x/twitter post. He's got a long posting history on X and from what I saw while skimming through them, he should fit right in here.



Given the current supply deficit with silver, that really begs the question on why a miner needs to borrow physical silver. It's a gamble on the miner honoring the loan.
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Not that we were looking askance at ewinslow with a hairy eyeball or anything.... :hello::lmao::dontknow::pffft:

Welcome to the forum!

​

 
Caveat emptor...



Brent Johnson - aka "BJ Milkshake" - created and advocates a "dollar milkshake theory" and is relentlessly mocked on X by many people in the precious metals sphere there. From what I understand he at one time ran an investment fund that went kaputsky. He has some posts on X where he appears to be espousing MMT horseshit. I recently had an interaction with him on X myself wherein he appears not to know or accept the common definitions of money and currency.







 
Theres just been a pile of gold found somewhere in the Black Hills. If its that then its a good bet. Besides with Trump in office the regulations hurting the mining companies will be relaxed. However I have a deferred account thats over 12% and leave me with total control of taking money out, but, thats only cause I'm retired. And the Govt. steals 20% of it if I do.....so I dont. I'd rather go to my grave without spending it before I give them 20%.

So its apples and oranges. Honestly I just dont see PMs in any form a bad future investment and unless the world blows up and we have to trade our silver for cans of Alpo for dinner this one is probably pretty good.. One problem I have with it is the PM company is probably going to take your money and put it into the stock market while making what you could be making yourself with it and not using it to drill baby drill.

But thats Capitalism for you. Its the old reach around but it works a lot better then socialism.
 
Update so far:

I have received 3 silver interest payments on schedule.

The mine is sadly behind schedule, and recently refinanced a lot of its debt to be in a better position to start production in 2026. MM was getting a 3% spread. That has been lowered to 1.5% in exchange for more opportunity for equity IIUC. The 12% rate to me is unchanged.

Bunker Hill Mining Corp. - News Releases

Production at the historical Bunker Hill Mine began in 1885 and ran for over 95 years. It was a lead metal mine with silver and zinc produced as a by-product. The amount of silver historically produced now represents a significant potential at Bunker Hill and across the Coeur d’Alene Mining...
www.bunkerhillmining.com www.bunkerhillmining.com
 
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