The Gold Reserve Transparency Act would require a full assay, inventory and audit of all US gold holdings, along with an upgrade in the purity of the gold to meet global market standards.
Hong Kong’s focus on gold has helped it surpass Switzerland as the world’s largest cross-border wealth hub, according to Boston Consulting Group’s 2026 Global Wealth Report.
Rep. McCabe: “HB 1 is about restoring sound money principles, protecting individual financial freedom, and reaffirming the constitutional role of gold and silver as money."
According to the Morning Herald, applications for miners’ rights licenses in Victoria surged by 40% last year. Based on the number of permits issued, there are 113,000 active prospectors.
The discussion turned to cultural attitudes toward precious metals, with Hoffmann highlighting notable differences between European and American investors.
Every major technological revolution has opened with a phase of dislocation, political turbulence, and backlash before its benefits were broadly shared.
Gold atoms' organization stops corrosion. There's something pleasing about that, especially as gold remains bright because, at the smallest possible scale, it has a structure that resists disorder.
Some investors saw the skyrocketing silver price as an opportunity to take profits. The Royal Mint said the value of silver buybacks rose 3,300 percent over the same period last year.
