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 »

States Consider Removing Income and Sales Taxes from the Monetary Metals

Listen to the Podcast Audio: Click Here Precious metals markets can certainly be volatile from week to week, but over time they are a more reliable store of value than Federal Reserve Notes. Gold and silver remain the world’s most enduring and most widely recognized form of money. And, as spelled out in the U.S. … 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 »

How Sound Money Principles Can Bolster Your Personal Finances

Sound money principles can serve to help grow the economy and restrain government. The political class, however, doesn’t particularly want to restrain itself. Washington, D.C. is addicted to the easy money policies that have enabled $20 trillion in national debt accumulation and tens of trillions more in unfunded liabilities. Even with a new and unconventional … Read more »

The Curious Case of Vanishing Lady Liberty; Only Gold and Silver Remember Her

By Guy Christopher, Originally Published on Money Metals Exchange The very first word anyone ever saw on a circulating United States coin was the word “LIBERTY.” From half-cents to silver dollars, each featured the likeness of an unnamed woman. The images varied, thanks to different engravers, but together they became recognized as Lady Liberty. Many, … 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 »

Visiting Certain Websites Can Land You on the No-Fly List

This may not surprise you, but visiting certain websites may land you on the no-fly list. No, that doesn’t mean you were put on trial. That doesn’t mean that a warrant was issued, and surveillance was conducted on you. Just by virtue of you visiting certain websites, you may permanently be banned from flying ever … Read more »

How Unsound Money Fuels Unsound Government Spending

Sound money advocates are often hit with the charge of being “doom and gloomers.” Yes, we do warn that unsound monetary policies enable unsustainable fiscal commitments, which will lead eventually to a currency crisis. Sound money advocates are also often portrayed as party poopers. Yes, we do seek to take away the bottomless punch bowl … Read more »

12 U.S. Intelligence Officials Tell Obama It Wasn’t Assad

Secretary of State John Kerry departs for a Sept. 6 trip to Europe where he plans to meet with officials to discuss the Syrian crisis and other issues. (State Department photo)

By Ray McGovern, a 27-year CIA veteran, who chaired National Intelligence Estimates and personally delivered intelligence briefings to Presidents Ronald Reagan and George H.W. Bush, their Vice Presidents, Secretaries of State, the Joint Chiefs of Staff, and many other senior government officials Editor Note: Despite the Obama administration’s supposedly “high confidence” regarding Syrian government guilt … Read more »