For Gold and Silver Owners Only
Go for the gold (or silver) and earn interest (in gold or silver) on your savings
Happy New Year!
Before we dive into the main topic of this Stack, I've got some exciting news to share! 🎉 My book, A Black Hole in Economics: Money Creation and its Consequences, has been chosen as Capitalism.org’s “Book of the Month” for January! I’m honored and very grateful for this recognition. Capitalism.org is excellent if you're looking for some solid pro-free market insights, so definitely give it a look!
Black Hole is available on Amazon Books for a very reasonable price in both Kindle and paperback formats. Thanks to all present and future purchasers for reading it.
I will always keep HardmoneyJim free, but I would like to ask a small favor of my readers and listeners: If you read Black Hole and benefit from its contents, please take a few minutes to write a couple of sentences in an online Amazon review. These reviews encourage Amazon to promote the book, which will help move our “sound money” project further down the road.
Now let’s get to the main event of this Stack!
I’m in the process of cooking up a thorough market update, which will be landing your way in just a few days—so stay tuned. In the meantime, I have a New Year’s recommendation for you: check out this insightful video presentation by Dixon Buchanan from Monetary Metals & Co. Dixon does a stellar job explaining how Monetary Metals can actually pay interest on gold (or silver) in—you guessed it—gold (or silver)!
If you’re a long-term gold (or silver) saver like me, you’ll definitely want to catch this presentation. As you’ll see, earning interest on your precious metals savings can really ramp up their long-term return! The video is 42 minutes long, and you can maximize your time by watching it at 1.25x playback speed—trust me, it’s totally worth it. I suggest giving it a watch to catch all the data in the charts, but if you’re in “listen-only” mode, no worries, you’ll still get the essential points.
A caveat: Monetary Metals’ services aren’t for every investor. If you’re a speculator who loves jumping in and out to snag short-term price fluctuations in gold or silver, then this isn’t the right fit for you. However, if you’re a serious long-term saver of precious metals (and I believe just about everyone should be), then Monetary Metals is definitely worth checking out. Their approach caters to those with a steadfast commitment to building wealth over time, making it a solid option for long-term investors. 💰
Thanks for reading, and enjoy the video! I’ll be back in a few days with an update on our precariously inflated stock market.
FInally, a note of full disclosure. I am a depositor and an equity investor in Monetary Metals & Co., and I also have the privilege of sitting on its Board of Directors. So you could say I have a bit of a “bias” when it comes to recommending the company’s services. However, I can assure you that I would wholeheartedly recommend this company even if I weren’t commercially involved, because I genuinely believe in what they offer.
If you love what you see here, don’t forget to “like” this piece below and go for the gold! 🏆✨ Your support helps spread the word, and together, we can help fix the broken monetary system.
HardmoneyJim
January 15, 2024