Monetary Metals Statement Regarding AgaBullion
Turkish government officials recently made arrests of principals at a company named "Aga Holding" over alleged violations of Turkish import and export regulations. They also arrested several senior personnel at AgaBullion, our lessee, and its affiliated company
At present all other leased gold is properly in AgaBullion's accounts and has not been moved or seized. And all lease fees have been paid through March.
Monetary Metals is working with lawyers in
Further updates will be published on the Monetary Metals website as new information becomes available.
About Monetary Metals®
Monetary Metals® is Unlocking the Productivity of Gold™ by offering a Yield on Gold, Paid in Gold® to investors, and Gold Financing, Simplified™ to gold-using businesses (mints, miners, refiners, jewelers, etc.). Since 2016, individuals and institutions around the world have been earning yield in gold and silver every month through our Gold Yield Marketplace®. For more information, visit www.monetary-metals.com.
Contact:
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+1-480-867-2100
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SOURCE Monetary Metals & Co.
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