Contact us
CALL US NOW 1-888-GOLD-160
(1-888-465-3160)
POSTED ON January 20, 2024  - POSTED IN Original Analysis

In the last few decades, there has been a global shift towards a “cashless world,” a trend that continues to shape financial autonomy. Physical currency is becoming increasingly rare as the majority of the world’s money supply exists in electronic form. Governments and financial institutions are actively promoting a cashless society, raising concerns about individual financial freedom.

POSTED ON August 8, 2023  - POSTED IN Original Analysis

Australia has become the front line in the war on cash with an aggressive effort to ring physical money out of the economy.

Over the last financial year, more than a billion dollars worth of physical cash disappeared from circulation, according to data released by the Reserve Bank of Australia (RBA). The Australian news service 9News called it “the strongest sign yet” that the country is moving toward a cashless society.

POSTED ON July 12, 2023  - POSTED IN Guest Commentaries

The US dollar is on shaky ground. There is a growing trend toward de-dollarization. Meanwhile, the Federal Reserve is tinkering with the idea of a digital dollar that could give the government unprecedented control over your spending.

Given the trajectory of the dollar, it might be a good idea to find some alternatives. In other words, we need currency competition.

POSTED ON June 21, 2023  - POSTED IN Key Gold Headlines

Another state has taken action hoping to hinder the implementation of a central bank digital currency (CBDC) in the United States.

Last week, Alabama Governor Kay Ivey signed a bill into law that pushes back against CBDC in a small way that could place some roadblocks in the path toward implementing a digital dollar.

POSTED ON May 3, 2023  - POSTED IN Key Gold Headlines

On May 2, a Texas House committee passed a bill to create 100% reserve gold and silver-backed transactional currencies. Enactment of this legislation would create an option for people to conduct business in sound money, set the stage to undermine the Federal Reserve’s monopoly on money, and possibly create a viable alternative to a central bank digital currency (CBDC).

POSTED ON April 28, 2023  - POSTED IN Friday Gold Wrap

Many people are concerned about a possible move toward central bank digital currency and we’re starting to see organized pushback on the idea. But as Friday Gold Wrap host Mike Maharrey explains, a lot of people are so caught up in taking on CBDC that they’re missing the more fundamental problem with government-issued fiat currency. Paper money isn’t the solution. It is the parent of the problem.

Call Now