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Commentaries

Rather Than Restoring Soundness to the Dollar, Senators Seek to Debase the Nickel

Few people today would bother to pick up a penny laying on the ground. It currently costs the government more than 2.5 cents to produce a penny. The cent simply makes no economic sense.

Will Cryptocurrencies Become Fiat Currencies?

Investors who still think that Bitcoin and other cryptocurrencies can make them rich are fooling themselves. Once governments are fully in control, it will no longer be a free market.

Gold Bulls: Stop Fearing 2008 Boogeyman

Gold is in the early stage of a new bull market that will be confirmed when it breaks past resistance at $2100.

Big Sound Money Wins in Arkansas and Mississippi as Gold Holds Firm

As gold bulls defend the key $2,000 level, sound money proponents are scoring big wins in state legislatures. Arkansas governor recently signed the Legal Tender Act ...

Still Rethinking the Fed

We should first ask why the Federal Reserve (or any other central bank) is even necessary. Answering that leads quickly to much deeper questions, like what is “money”...

Mississippi Becomes the 43rd State to End Sales Taxes on Gold and Silver

Mississippi has become the 43rd state in the country to end sales taxes on the purchase of physical gold, silver, platinum, and palladium coins and bullion.

Is Saudi Arabia Selling Oil to China for Gold?

Rumors are making rounds that Saudi Arabia is selling oil for yuan, which it converts into gold on the SGEI. Such a development would make sense as large parts of the world want to de-dollarize..

Ascent of Central Bank Digital Currencies Bodes Well for Gold

Central banks will continue buying the precious metal as part of their diversification strategy, while investors will like its hedging appeal in an environment where..

Why Gold Is a Must-Have During a Banking Crisis

The lack of counterparty risk, the diversification, and the hedge against inflation are among the top reasons to own the monetary metals.

Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver

Arkansas Governor Signs Senate Bill 1718, Reaffirming Gold and Silver as Legal Tender and Removing All Tax Liability from the Monetary Metals.

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