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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

Why Nobody Chants “End the Fed” Anymore

Why Nobody Chants “End the Fed” Anymore
Americans hated it when the Federal Reserve handed trillions of dollars to crooked Wall Street banks following the 2008 Financial Crisis. Politicians were confronted about the merits of central banking and bailouts. For the first time in history, college students were chanting “End the Fed” at campaign rallies as Ron Paul took the central bank to task during his presidential... Read More

The Fed’s “Not QE” Is Morphing into “QE4ever”

The Fed’s “Not QE” Is Morphing into “QE4ever”
Another week, another new and expanded repo market intervention by the Federal Reserve. On Thursday, the Federal Reserve Bank of New York intervened twice with fresh liquidity injections. Fed officials raised their offerings for overnight repos up from $75 billion to a staggering $120 billion. This comes on top of the $60 billion per month in Treasury bill purchases that... 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

Big Tech, Big Banks Push for Cashless Society

Big Tech, Big Banks Push for Cashless Society
The War on Cash isn’t a conspiracy theory. It’s an open agenda. It’s being driven by an alignment of interests among bankers, central bankers, politicians, and Silicon Valley moguls who stand to benefit from an all-digital economy. Last week, Facebook – in partnership with major banks, payment processors, and e-commerce companies – launched a digital currency called Libra. Unlike decentralized,... Read More

New Federal Legislation Requires Full Audit of America’s Gold Reserves

New Federal Legislation Requires Full Audit of America’s Gold Reserves
Washington, DC (May 8, 2019) – U.S. Representative Alex Mooney (R-WV) introduced legislation this week to provide for the first audit of United States gold reserves since the Eisenhower Administration. The Gold Reserve Transparency Act (H.R. 2559) – backed by the Sound Money Defense League and government accountability advocates – directs the Comptroller of the United States to conduct a... Read More

Politicians Drop Attempt to Tax Gold & Silver

Politicians Drop Attempt to Tax Gold & Silver
Washington State Politicians Drop Cynical Attempt to Impose Taxes on Gold & Silver Sound Money Group, In-State Dealers, and Grassroots Activists Deter Tax-Hungry Politicians Well, here’s some encouraging news… Efforts in Washington State to impose sales taxes on gold and silver were SHUT DOWN today thanks to intense efforts by the Sound Money Defense League, a group of in-state coin... Read More

West Virginia Joins Growing Movement

West Virginia Joins Growing Movement
West Virginia Joins Growing Sound Money Movement Six Other States Now Weighing Their Own Bills to End Taxes on Gold & Silver Before the ink could even dry on West Virginia Governor Jim Justice’s signature on a repeal of sales taxation on gold, silver, platinum, and palladium bullion and coins, legislators in Wisconsin and Maine introduced similar measures in their... Read More

West Virginia Helps Metals

West Virginia Helps Metals
West Virginia Legislature Votes to End Sales Taxation on Gold & Silver West Virginia Legislature Overwhelmingly passes Senate Bill 502, Removing Sales Tax from Precious Metals at the State Level Charleston, West Virginia (March 8th, 2019) — Sound money advocates rejoiced today as the West Virginia legislature overwhelmingly passed Senate Bill 502 and sent it to Governor Jim Justice for his signature. ... Read More