Sadly, Sound Money ISN’T on the Ballot

Americans will be headed to the polls to cast ballots in the midterm elections. Polling suggests that Democrats will return to power in the House of Representatives. Republicans are favored to hold on to the Senate. However, political polls have proven less than reliable. There are plenty of people expecting a surprise once the votes … Read more »

Trump’s Backdoor Power Play to Rein In the Fed

By Stefan Gleason, Money Metals Exchange “Just run the presses – print money.” That’s what President Donald Trump supposedly instructed his former chief economic adviser Gary Cohn to do in response to the budget deficit. The quote appears in Bob Woodward’s controversial book Fear: Trump in the White House. Trump disputes many of the anecdotes Woodward … Read more »

Congressmen Introduce Bill to End Taxation of Gold and Silver  

Washington, DC (September 7, 2018) – The battle to end taxation of constitutional money has reached the federal level as U.S. Representative Alex Mooney (R-WV) today introduced sound money legislation to remove all federal income taxation from gold and silver coins and bullion. The Monetary Metals Tax Neutrality Act – backed by the Sound Money … Read more »

GOP Congressman Investigates Undisclosed Gold Market Intervention by China and the Exchange Stabilization Fund

Washington, DC (July 31, 2018) – A member of the U.S. House Financial Services Committee is calling out the Federal Reserve and the U.S. Treasury for dodging questions about their activities involving America’s gold reserves. In a letter dated July 27, Representative Alex Mooney (R-WV) wrote to Jerome Powell, Chairman of the Federal Reserve, and Steven … Read more »

Congressman Criticizes U.S. Mint for “Disappointing and Concerning” Inaction on Counterfeit Precious Metals Coins

U.S. Secret Service Also Frustrated with U.S. Mint’s “Lack of Supporting Action” Washington, DC (March 12, 2018) – Congressmen Alex Mooney (R-WV) criticized the United States Mint for its “disappointing and concerning” lack of awareness or action on the growing problem of high-quality counterfeits of U.S. precious-metals coins entering the country from China and elsewhere. … Read more »

Idaho House Votes Overwhelmingly to Remove Income Taxation from Gold & Silver

Boise, Idaho (February 12, 2018) – The Idaho State House today overwhelmingly approved a bill which helps restore constitutional, sound money in the Gem State. State representatives voted 60-9 to pass House Bill 449 sending the measure introduced by House Majority Leader Mike Moyle and Senate Assistant Majority Leader Steve Vick to the Senate for … Read more »

More U.S. States Are Knocking Down Gold & Silver Barriers

In 2017, Arizona, Louisiana, Virginia, Texas, and North Carolina, and even Minnesota made progress on the sound money front. In 2018, other states could do so as well. 36 states have already removed sales taxes from precious metals transactions, and bills being introduced this year by sound money advocates in Alabama and Tennessee could add … Read more »