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Pension Funds Start Looking to Gold to Avert Disaster

Pension Funds Start Looking to Gold to Avert Disaster
By Stefan Gleason, Money Metals Exchange Public and private pension plans face a dual crisis. The first and most obvious threat to pensioners is that defined-benefit vehicles are severely underfunded. By one estimate, pension systems taken as a whole are $638 billion in the red. Some are in better shape financially than others. But all pension plans will have to... Read More

Fed Chairman Powell Is Vowing to Wreck the Currency

Fed Chairman Powell Is Vowing to Wreck the Currency
By Mike Gleason, Money Metals Exchange As the Federal Reserve embarks on a new campaign to raise inflation rates, markets may be in for a change in character.  On Wednesday, Fed Chairman Jerome Powell announced that the central bank would be targeting an inflation “average” of 2%. By the Fed’s measures, inflation has been running below 2% in recent years.... Read More

Has the Fed Let the Inflation Genie Out of the Bottle?

Has the Fed Let the Inflation Genie Out of the Bottle?
By Stefan Gleason, Money Metals Exchange The dramatic ascent of precious metals markets this summer reflects what could be just the start of a longer-term decline and fall in the Federal Reserve Note’s value and status. With gold prices surpassing $2,000/oz recently, the monetary metal has now made new all-time highs versus all the world’s major fiat currencies. Gold is,... Read More

Sound Money State Index Identifies Friends & Enemies of Precious Metals Investors

Sound Money State Index Identifies Friends & Enemies of Precious Metals Investors
Listen to the Podcast Audio: Click Here Mike Gleason: It is my privilege now to welcome in JP Cortez with the Sound Money Defense League, a nonpartisan national public policy organization working to restore sound money at the state and federal level. JP is a proponent of and has studied in the Austrian school of economics and his role at... Read More

R.I.P. Paul Volcker, the Last “Good” Central Banker

R.I.P. Paul Volcker, the Last “Good” Central Banker
The last true enemy of inflation the Federal Reserve has seen died earlier this week. Paul Volcker, former chairman of the Federal Reserve from 1979-1987, has passed away. Credited with tampering incredibly high levels of inflation during the Carter and Reagan administration by jacking up interest rates to unpleasant levels, Volcker’s passing harkens back to a time when central bankers... Read More

Congressman Prods Attorney General on Gold, Silver Trading Questions Ignored by CFTC

Congressman Prods Attorney General on Gold, Silver Trading Questions Ignored by CFTC
By Chris Powell, Money Metals Exchange A U.S. representative who has been pressing the Treasury Department, Federal Reserve, and Commodity Futures Trading Commission (CFTC) with questions about the gold and silver markets has asked Attorney General William P. Barr to try intervene and get answers from the commission. In a letter dated November 1 and made public today, the U.S.... Read More

The Race to Depreciate Fiat Currencies Is Accelerating

The Race to Depreciate Fiat Currencies Is Accelerating
By Mike Gleason Metals investors are anxiously awaiting the market’s reaction to next week’s Fed meeting. We may see players in the futures markets move to smash gold and silver prices down to lower support zones in the trading around the Fed’s decision. But flushing out some more speculative longs and latecomers with weak hands would be a healthy development... Read More

Gold Price Suppression Denier Defends His Client Central Banks

Gold Price Suppression Denier Defends His Client Central Banks
While most market analysts who have denied central bank and government intervention against gold have long since gone silent on the issue, Managing Partner Jeff Christian of metals consultancy CPM Group continues to disparage such complaints as “conspiracy theory.” In an interview last week with Money Metals Exchange’s Mike Gleason, Christian tries to reduce the issue to what he considers ordinary... Read More

Monetary Metals Don’t Need a “Gold Standard” Proxy System

Monetary Metals Don’t Need a “Gold Standard” Proxy System
President Trump moved recently to nominate an avowed sound money advocate, Judy Shelton, to the Federal Reserve Board. That triggered a flurry of superficial and derisive references in the controlled media to Shelton’s past support of a gold standard. For example, CBS News described her as “a believer in the return to the gold standard, a money policy abandoned by... Read More