Tuesday
Monetary Metals disrupts the way that Gold business has been done for over one hundred years. MM came about in response to the imperative to get Gold circulating again, and in response to the questions “what will it take to get Gold circulating?”.
Dr. Keith Weiner came up with the simple truth that the only way that Gold will circulate is if it pays interest.
Gold will stay in hoards forever without interest. It’s virtue as the only store of stable value over endless time ensures that it will always be hoarded – and very well hidden – to the point of invisibility. No one talks about how much Gold they have secreted away, or even that they own Gold at all. One of the facts of this most noble of metals is that it needs to be hidden from governments – thieves of all sorts.
Interests, and only interest, is what will tempt Gold-owner to bring their Gold out into the light of commerce. Interest is what changes Gold from a hoard, to an accumulation.