Congressmen Press the U.S Mint for Action on Counterfeit Gold and Silver Coins

Washington, DC (October 27, 2017) — Congressmen Alex Mooney (R-WV) and Frank Lucas (R-OK) today delivered a formal letter to the United States Mint and Secret Service, urging aggressive action on the growing problem of high-quality counterfeits of U.S. precious metals coins entering the country from China and elsewhere. “Enclosed herewith is a 1995 1 … Read more »

Why Good Economics Matters Now More Than Ever

In a newsletter published in 1970, economist Murray Rothbard wrote, “It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.” … Read more »

Idaho House of Representatives Votes Overwhelmingly to Remove Income Taxation from Precious Metals

Boise, Idaho (March 14, 2017) – By an overwhelming 56-13 margin, the Idaho House of Representatives today voted to end all Idaho taxation on precious metals, e.g. gold and silver coins and bars. Bill sponsor Representative Mike Moyle (R) and the entire Republican caucus voted for the measure.  If the Republican-controlled Idaho Senate follows suit … Read more »

When Government Acts, “Unintended Consequences” Follow

In 1850, French economist Frédéric Bastiat published an essay that is misunderstood, or more often, unread, titled, “That Which is Seen, and That Which is Not Seen.” Bastiat brilliantly introduced the idea of opportunity cost and, through the parable of the broken window, illustrated the destructive effects of unintended consequences. Unfortunately, because of misplaced belief … Read more »

Corrupt Politicians and Corrupted Money Go Hand in Hand

By Clint Siegner, Money Metals Exchange “Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to … Read more »

Greenspan, Gold, and the Banality of Evil

By Stefan Gleason and Jp Cortez, Originally Published on Money Metals Exchange Under certain circumstances, seemingly decent human beings are capable of horrific things. So it is with Former Federal Reserve Chairman Alan Greenspan, who parlayed his sound money bona fides into the top post at America’s private banking cartel and current issuer of our … Read more »

Silver Spikes to 22 Month High, Driven By “Heightened Volatility, Lingering Uncertainty”

There’s nothing like a crisis to drive market prices. This time around, with the very future of currencies and nations directly intertwined, gold and silver are poised to be the very bastion of neutrality and relative safety. A Switzerland amid a global currency war. It was no surprise to see gold increasing as a result … Read more »

Why the Federal Reserve Always “Happens” to Be Wrong

By Stefan Gleason of Money Metals Exchange “The last duty of a central banker is to tell the public the truth.” – Alan Blinder, former Federal Reserve Board Vice Chairman   The Federal Reserve Board finds itself back in a quandary of its own making. When Fed chair Janet Yellen pushed through an interest rate … Read more »

Steve Forbes Speaks Out on the Presidential Race, Fed Recklessness, and Gold

Forbes Pulls No Punches in Exclusive Interview with Money Metals Exchange Mike Gleason, Director, Money Metals Exchange: It is my great privilege to welcome Steve Forbes, Editor-in-Chief of Forbes Magazine, CEO of Forbes, Inc. to our Money Metals Exchange podcast.  Steve is also author of many fabulous books, including Flat Tax Revolution, How Capitalism Will … Read more »

Central Planners Freaking Out about Discussion of Gold’s Role

By Clint Siegner, Money Metals Exchange Growing Support for Sound Money Rankles Fed Apologists Sound money issues make for good politics these days. The leading Republican candidates have all suggested reforms to our monetary system. The topic is popping up in debates as well as interviews. Predictably, Fed worshippers and proponents of central planning everywhere … Read more »

A Path to Making Gold and Silver the Currency of the 21st Century

Several Republican presidential candidates are floating the idea of returning to some form of a gold standard in the U.S., although none have gone into any great detail. So, how might a modern gold standard work? It’s a question that requires us to do more than just look to the past with an eye toward … Read more »

The Sequester And Chicken Little

Would you like an economic lesson in government spending cuts? Try this exercise. Sit down and plan a trip to Disney World for you and your family. Make a budget of $20,000 to take this trip (never mind that you don’t have that much money to spare, just follow along with me). And then, forget … Read more »