Rubicon Financial Announces Corporate Update Adds Commodity Trading and Marketing Services On Thursday March 26, 2009, 9:30 am EDT
[...] Commodity Services
Rubicon has signed a non-binding letter of intent to acquire 100% of 1000 BARS, Inc., a private corporation focused on the preservation of the long-term value of assets through buying and selling strategies of physical precious metals, specializing in 1000 oz bars of silver. 1000 BARS has also developed commodity market strategies for the owners of physical bars of silver. "There hasn't been an opportunity or need like this for a generation. As central banks are increasing money supplies as part of their efforts to stimulate the world economy and monetize debt, precious metals stand as the only stable store of value. The ownership of silver bars and related investment strategies afford investors a mechanism to assist in the preservation of asset value. We look forward to working with Rubicon to develop these strategies for the benefit of its valued clients," stated Ben Kae, CEO of 1000 BARS.
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