For a perpetual purpose trust, it's all about the purpose. The purpose of the Silver Bullet Trust is:
1. Provide an investment vehicle which empowers the working class to collectively control the way their money influences the world.
2. provide a platform for investment which utilizes intrinsic value as a starting point. (don't store value in fiat currency)
The plan for how to accomplish these two points is as follows:
Phase 1. Act as a silver-based IRA custodian. And upon direction from the beneficiaries, liquidate all or part of the silver in the vault to make purchases of a target companies stock the way a private equity fund would. Then we have influence over that company. We could then replace the board of directors if we decided to.
phase 2. We could feature companies owned by the beneficiaries on an in-house platform. On that platform individuals could directly invest in featured companies with Silver. without the need to first change the silver to fiat currency.
The purpose of the trust is static. The plan for how to accomplish this is subject to change based on votes of the beneficiaries.
In a typical fund, The firm has all the power to make decisions for where to invest. This is what gives Blackrock and so much influence over companies.
With The silver bullet trust All the power and influence stays with the beneficiaries. The trust is simply a vehicle.
Investing with The Silver Bullet Trust means: Granting your funds to The Silver Bullet Trust to be converted into silver and held in trust. At that time, you are considered the grantor. The grantor names a beneficiary of those funds. The grantor could name himself or someone else as beneficiary.
Ownership of The Silver Bullet Trust is placed into the Trust, and in doing so the business can not be bought and sold, it is permanently independent. Because there is no “Owner” to “exit” and the business will never be sold, there is not any need to expend energy and resources on providing liquidity for shareholders or finding new owners. the staff of the company can put all their focus into running a healthy and sustainable business for the benefit of the beneficiaries.
•The beneficiaries control The Silver Bullet Trust by providing direction to the staff through the voting portal. (Voting portal is under construction)
•The staff is selected from applicants by popular vote of the beneficiaries for each position.
•The staff compensation is established by popular vote of the beneficiaries for each position.
•Any changes to the staff selection or compensation require a vote of the beneficiaries.
Votes to be held monthly through the voting portal (coming soon) accessed online through a browser with your credentials.
Voting shares are acquired and measured in silver by the 10 troy oz increment referred to as Voting Units
Your beneficieary’s account with The Silver Bullet Trust will reflect the account balance in voting units and the remainder to the nearest gram of silver. fractional grams are rounded down and the remainder is applied towards administrative costs. A gram of silver at this time is ~75 cents. A tabulation of total costs and total fees collected will be published quarterly.
In this way We will get away from measuring value in federal reserve notes. Which are not a reliable store of value or lawful money.
The Silver Bullet Trust reserves the right to deny service to anyone at any time. (The Silver Bullet Trust is intended to provide a platform for working class people to collectively control the influence their money has on the world) example: an individual that wants to invest 1 billion troy Oz's to take the majority voting share will be denied service.
The costs depend on what the beneficiaries are asking the Silver Bullet Trust to accomplish. Once a quarter a projected cost is published for the next quarter's total cost to run the company, this amount is collected from the Beneficiaries accounts as a percentage.
Any remaining funds at the end of the quarter is deducted from the next quarters projected cost.
The silver bullet trust is not structured to make a bunch of money for anyone but the beneficiaries.
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