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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

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 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

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