Wyoming, Texas, Utah Top 2019’s Sound Money Index — Vermont, Arkansas, New Jersey Among the Worst

Wyoming, Texas, Utah Top 2019’s Sound Money Index — Vermont, Arkansas, New Jersey Among the Worst Precious Metals Dealer, Sound Money Group Rank the 50 States’ Gold and Silver Policies Charlotte, NC (December 2, 2019) – “Is Your State Destroying Your Money?” asks the Sound Money Defense League and Money Metals Exchange with the release of the 2019 Sound Money Index. The Sound Money Index is the first index of its kind, ranking all 50 states using twelve different criteria to determine which states maintain the most pro- and anti-sound…

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Why You Should “Follow the Money” on The Yellow (and Silver) Brick Road

Why You Should “Follow the Money” on The Yellow (and Silver) Brick Road By David Smith Since the Federal Reserve detached the dollar from the gold standard in 1971, the world’s central bankers – with the Fed leading the charge, have flooded the world with fiat currency to the point of diminishing its purchasing power to shadow status. A common belief during the early decades of the former Soviet Union’s rise after 1917 was that, according to Marxist-Leninist theory, the West and capitalism would either self-destruct, or be “buried” by…

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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 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. representative, Alex W. Mooney, Republican of West Virginia, commends Barr for the Justice Department’s recent criminal prosecution of manipulation in the…

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DISMAL OUTCOME: Silver In The TRENCHES!

DISMAL OUTCOME: Silver In The TRENCHES! This is a critical update from one of the best financial commentators I know, a good friend of ours, Mr. Tom Beck, who runs PortfolioWealthGlobal.com and we’re excited to share this one with you! In the big picture, I am shocked that gold isn’t trading for $1,200 and silver at $13, in line with their production costs. We’re operating in a world that is broke, where money is freely handed out to credit-worthy entities, without regard to their need of it. We have ZERO rates, but…

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Fed’s Own Forecasts Again Dead Wrong as QE4 Accelerates

Fed’s Own Forecasts Again Dead Wrong as QE4 Accelerates By Mike Gleason Precious metals markets enter November’s trading with bulls eying a potential year-end rally. Gold and silver prices did manage to post gains on Wednesday and Thursday after the Federal Reserve announced a quarter point rate cut. But the Fed followed up its move with language suggesting interest rate policy is now on pause. News Anchor #1: The Federal Reserve cut the benchmark rate by a quarter of a percentage point. It’s now at 1.5% to 1.75%. The rate…

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

The Fed’s “Not QE” Is Morphing into “QE4ever” By Mike Gleason 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 will extend well into next year and possibly beyond. Over the past month alone, the Fed’s balance sheet has…

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Silver Eyes Fourth Quarter Rebound

Silver Eyes Fourth Quarter Rebound By Stefan Gleason Precious metals markets enter the often favorable fourth quarter trading season with the potential to reinvigorate their major uptrends. Despite posting impressive gains in the third quarter, gold and (especially) silver finished it on a downbeat note. On Monday, sellers smashed silver spot prices down 3.6% to test the $17.00/oz. level. The disappointing finish to the month and the quarter does raise the possibility that momentum selling could continue to drag prices lower in the near term. However, quarter-end profit taking and…

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Class Action Lawsuits May Eventually Result in Damages Paid Out to Cheated Metals Investors

Class Action Lawsuits May Eventually Result in Damages Paid Out to Cheated Metals Investors By Clint Siegner Gold and silver investors have been watching the Department of Justice investigation of criminal price rigging at JPMorgan Chase and other bullion banks carefully. Several crooked traders have pled guilty to “spoofing” the markets and more have been indicted. The DOJ has even suggested the banks have been engaged in racketeering. Prosecutors may use RICO laws designed for taking down organized crime syndicates to prosecute these shady Wall Street firms. The banks’ problems…

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CANCEL YOUR DINNER PLANS: Gold Goes NUTS!

CANCEL YOUR DINNER PLANS: Gold Goes NUTS! This is a critical update from one of the best financial commentators I know, a good friend of ours, Mr. Tom Beck, who runs PortfolioWealthGlobal.com and we’re excited to share this one with you! Never have I seen the managed money – the hedge funds, considered to be the smart money, those that have access to all the data, those that have the resources to research and turn every stone – so FEARFUL of a recession, without there even being one at all. In the…

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BREAKING: QE4 HAS BEGUN – EXPECT GOLD $1,783!

BREAKING: QE4 HAS BEGUN – EXPECT GOLD $1,783! This is a critical update from one of the best financial commentators I know, a good friend of ours, Mr. Tom Beck, who runs PortfolioWealthGlobal.com and we’re excited to share this one with you! People have a mistaken notion that the debt creation of the past decade is THE problem. It is not, COMPARED with what’s coming next. In other words, the issuance of bonds alone isn’t the challenge the world will be facing, but how these currency units get spent into circulation is!…

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