by Mish Shedlock, Mish Talk:

I invited Keith Weiner, CEO of Monetary Metals, to explain how to get interest paid in gold, in this guest post.

The following discussion does not constitute financial or investment advice from either me or Keith Weiner.

Getting a Real Yield in Gold – By Keith Weiner

If you could earn 3% on gold paid in gold, or 3% on dollars paid in dollars, for the next 30 years, which would you choose? I suspect many, if not most, would choose gold. Dollars are constantly being devalued by the Federal Reserve. And then there’s the unavoidable and opaque bank risk. If 2023 has taught us anything, it’s that bank risk is alive and well 15 years after the Great Financial Crisis.