Deus Ex Mene: A Stock for Stackers?

Mene will soon be listing on the TSX Venture Exchange under the symbol MENE.

Is Mene a stock for precious metals stackers?

A “stacker” is a term for a precious metals advocate and enthusiast who chooses to accumulate metal, usually gold or silver, as savings. They “stack” coins or bars because of their purity and portability, as well as their low premium over the spot price (spot price: https://investinganswers.com/financial-dictionary/stock-market/spot-price-2007).

Stackers are a unique group because much of the world has forgotten that gold is actually money. Much of the WESTERN world that is.

It is completely common in the East, namely India and China, for 22 or 24 karat gold jewelry to be sold by gram weight, and passed on as generational wealth through families. This is an overlooked form of stacking, but it is the most common version, much more common than coin stackers in the US.

Traditionally stackers in the US haven’t paid much attention to gold or platinum jewelry as the premiums on precious metals jewelry have become inflated beyond all reasonable measure.

Until Mene.

Stacker communities such as SteemSilverGold have flocked to Mene as they realize they can trade fiat or crypto for high karat jewelry with a low design fee compared to any other jewelry company in the US.

This development in itself is a new paradigm shift as pre-Mene you would be hard pressed to find any stacker purchasing low karat high mark up jewelry for any reason.

Can a publicly listed MENE change Stackers minds again?

By definition, a stacker directs her efforts towards tangible assets they like to be able to hold in their hands. But just like how Mene has changed stackers minds about jewelry, a publicly traded Mene has potential to change stackers minds about precious metals stocks.

Currently it is difficult to achieve the exposure to precious metals a stacker might look for in a stock. Gold and silver mining stocks are actually pretty terrible investments due to the capital required in every stage of the mining cycle. Exploring, developing, and even producing mining companies have very high input costs. So often you get the exposure you DON’T want in energy and labor costs while you wait for the price of your metal to go up. When gold and silver do go up, you have been so diluted while your company struggles to deal with costs that you don’t enjoy the upside you have been waiting for.

But then....

Deus Ex Mene.

I am comparing Mene to Deus Ex Machina, an unlikely plot device in theatre or a movie where seemingly out of nowhere someone or something swoops in to save everything : https://en.m.wikipedia.org/wiki/Deus_ex_machina

Mene has the potential to be an interesting option for stackers because of the possibility it will disrupt the jewelry industry with relatively low cost.

Stackers already understand the Mene Difference: 24 karat gold and platinum sold by gram weight x current metals price with a transparent 20% design fee in contrast to the big boys of the western jewelry industry that often charge 1000% + premiums.

Stackers might not know by disrupting the jewelry industry and selling 24 karat pure gold Mene is helping the ENTIRE gold industry ecosystem. The jewelry business is a $300 billion dollar a year bohemouth. Imagine if some of the most well known jewelry companies were selling 24 karat gold with 1.5 to 2x more gold in each piece.

This would increase the net demand dramatically for gold and thus have the potential in time to have a material affect on gold price and all precious metals companies involved in the space.

By investing in Mene, you are staying true to your stacker roots!

Mene has a robust business model that is very low cost due to a purchase agreement with Goldmoney. This is how Mene is able to sell for a lower margin than the other companies in the industry, while executing a Customer Lifetime Value strategy that has already proven to be a successful model.

So a public Mene is :

*Good for the gold industry, increasing net demand

*Good for gold investors, providing exposure to a disruptive low cost high growth story with massive potential runway

*Good for stackers because stackers understand better than anyone the power of gold in your hand, or ON your hand.

With the listing in November, stackers will be able to own Mene in more than one way. There aren't many other companies that will let you stack, invest, and wear.

In fact I can only think of one.

Mene will soon be listing on the TSX Venture Exchange under the symbol MENE.

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.

Earn $5 in Mene credit for signing up for Mene with this invite link:

http://mene.com/invite/JrT26p

Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.

To find out more about what Menē 24 karat gold and platinum investment jewelry is from your fellow Steemians :
https://steemit.com/steemit/@goldmatters/what-in-the-world-is-mene24k-35-well-researched-blog-style-essays-contest-winners
Or
https://steemit.com/mene24k/@goldmatters/what-is-mene-24-karat-platinum-and-gold-jewelry-valentine-s-day-gift-winner

To find out more about what Goldmoney is from your fellow Steemians : https://steemit.com/contest/@goldmatters/what-in-the-world-s-goldmoney-winners

To sign up for a Goldmoney Holding start here: https://www.goldmoney.com/w/goldmatters

For Menē 24k investment jewelry here: http://Mene.com/invite/JrT26p

I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.

All images sourced from Menē and Goldmoney.

Read more about Goldmoney: https://steemit.com/@goldmatters

See Steemians unbox Mene: