Loading ...Monetary Metals offers a silver bond for the first time in over 150 years
The silver loan will support Bunker Hill Mining Corp. as it raises capital to restart and further develop its operations at its Bunker Hill Mine in Idaho. Over its nearly 100 years of operation, the mine produced 165 million ounces of silver.
This loan is unique because it will be paid entirely in physical silver. Under the terms of the agreement, accredited investors will earn a 12% annual yield on the bond over three years.
If I were younger and looking for a good return for an IRA I would definitely consider something like this.