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Silver Bond Pays 12% in Silver

PostPosted: Wed Jun 26, 2024 6:00 am
by IdahoCopper
This is interesting in two ways.
The silver bond, first in 150 years, may focus attention on PMs as sound money.
Also, this seems to echo Michael Saylor's successful MicroStrategy playbook that leverages Bitcoin into steady stock price gains.

https://www.kitco.com/news/article/2024 ... -150-years

Re: Silver Bond Pays 12% in Silver

PostPosted: Wed Jun 26, 2024 7:44 am
by Saabman
I checked this out; the minimum to invest is $200,000. Great idea, but it seems to me that they would gain more traction by offering it to smaller investors. Just a thought.

Re: Silver Bond Pays 12% in Silver

PostPosted: Wed Jun 26, 2024 10:24 am
by Lemon Thrower
seems too good to be true

Re: Silver Bond Pays 12% in Silver

PostPosted: Wed Jun 26, 2024 8:40 pm
by Recyclersteve
Lemon Thrower wrote:seems too good to be true


This does sound to good to be true. A “safe” 12% annual return is super unusual.

Re: Silver Bond Pays 12% in Silver

PostPosted: Wed Jun 26, 2024 9:02 pm
by galenrog
Bunker Hill Mining, the recipient of the proposed loan, has been having financial difficulties the past few years. This move reeks of desperation on somebody’s part, in my opinion.

Time for more coffee.