January 16th, 2018 • Immediately following the inauguration in 1933, President Franklin D. Roosevelt focussed on what his advisers told him was the real problem: the fall in the prices of everything. The theory, which is completely wrong, is that falling prices were causing t
October 27th, 2017 • Congressmen Alex Mooney (R-WV) and Frank Lucas (R-OK) have presented a letter to the U.S. Mint today urging them to act on the growing problem of high quality counterfeits of U.S. precious metals coins entering the country
September 19th, 2017 • October 19, 2017 marks an important holiday in the Indian culture. Diwali begins. Diwali is one of the biggest festivals for Hindus, Sikhs, and Jains. It is a lavish celebration of the victory of light over darkness with its gleaming candles, luxurious w
August 1st, 2017 • Let’s start with this fact; fiat (paper) currencies die – often spectacularly. That is why precious metals may someday be needed for barter and trade. Anyone who thinks it is silly to worry about such a thing is putting blind faith in Federal Reserve
June 26th, 2017 • Sound money advocates rejoiced as Governor John Bel Edwards signed House Bill 396 into law in recent days. HB 396, which passed in the Louisiana state house and senate earlier this month by overwhelming majorities, removes state sales taxation of precious
May 10th, 2017 • A bill introduced in the Kansas House would exempt gold and silver bullion, and other precious metals, from sales tax, taking a small but important step toward rejecting the Federal Reserve’s monopoly on money.
May 10th, 2017 • Arizona Governor Doug Ducey Greenlights House Bill 2014, Removing Income Tax from Certain Precious Metals at the State Level
April 27th, 2017 • In a newsletter published in 1970, economist Murray Rothbard wrote, “It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsibl
April 5th, 2017 • Financially prudent individuals set aside surplus funds to protect against unforeseen expenditures. This way, when faced with loss of income, house repairs, car trouble, or anything else, they will have a buffer against unanticipated downturns.
Idaho Democrat Leader Brain Malfunction: “We Can’t Say Gold Is Going to Protect Us from Inflation When [It Has Risen from] $27 an Ounce to $1,218 an Ounce”
March 16th, 2017 • The Dunning-Kruger effect is the idea that low-ability people tend to suffer from illusory superiority. The phenomenon, first studied by David Dunning and Justin Kruger, says that people who know the least tend to overvalue their own competence, and tend