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Legislators in Virginia and Wyoming are taking steps to safeguard gold and silver ownership as part of a broader effort to help citizens preserve their wealth against a weakening dollar. In Virginia, House Bill 2336—introduced by Del. Amanda Batten (96-R)—would extend the state’s sales tax exemption on precious metals purchases until 2032. Currently, Virginia’s exemption […]
As the installation of President-elect Trump approaches, Trump loyalists are clamoring for him to fulfill his campaign promises, especially those related to tariffs and immigration reform. Trump also has an opportunity to radically reform and weaken the Federal Reserve, but it’s unlikely that he will take any meaningful action to curb the source of inflation.
When analyzing the errors of policymakers, politicians, and pundits, it’s useful to trace their misunderstandings to the source– debunked and fallacious economic theories, such as Keynesianism and Protectionism. The antidote to these mistakes is sound theory– such as that espoused by the Austrian School of Economics– that correctly understands money, entrepreneurship, and the nature of […]
The American economy is under assault from two sides. With inflationary central banks seeking to undermine the dollar and protectionist populists looking to restrict free trade abroad, it’s crucial for the incoming Trump administration to fight for economic freedom on both fronts. The following article was originally published by the Mises Institute. The opinions expressed […]
Jerome Powell recently told reporters that Bitcoin is “like gold—only digital.”
Peter recently appeared on the Shannon Joy Show, a podcast promoting liberty and independent thinking. Host Shannon Joy discusses Peter’s longtime criticisms of Bitcoin, and the two dive into gold’s future use as a money, as well as why Peter thinks cryptocurrencies are a bad investment.
Last week, Peter participated in a Zerohedge debate moderated by Keith Knight (who also interviewed Peter recently). He faced off against Bitcoin advocate Robert Breedlove on his show, “What is Money?” Peter and Robert discuss the future use cases of Bitcoin and gold, the philosophy and economics behind money, and what it would take for […]
With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme.
The Cantillon Effect, named after 18th-century economist Richard Cantillon, describes the way newly created money flows through an economy, affecting different sectors and social classes unevenly. When a central bank like the Federal Reserve injects new money into the economy—often through measures like quantitative easing or low interest rates—this money doesn’t distribute itself evenly. Instead, […]
2024 has demonstrated why gold is worth investing in, especially for foreign central banks, who seek to shore up the weaknesses of their fiat currency by buying gold. In her newest work, former Trump administration advisor Judy Shelton argues that a return to sound money requires going back to gold.
Gold closed the week at $2,410 (up $19) and silver at $30.77 (down $0.43). JD and Joel interview Representative Ken Ivory, the man behind Utah’s recently-passed HB 348 law. This law enables the state to invest 10% of its $1.4 billion rainy day fund into gold and silver, stored in Brinks Salt Lake City. They […]
