Federal Government

An encouraging victory for sound money has just taken place . . . .

Last week Donald Trump broke the theoretical “Chinese Wall” that is supposed to exist between the Government and the Fed when he offered a stunning rebuke of the Fed’s current policy to continue raising interest rates . . . .

The country is shrinking its tax base just as interest expenses surge and social programs get harder to cut . . . .

This week was certainly ripe with major events, each of which has had a direct and immediate impact on gold. However, it was the escalation of trade tariffs proposed by President Trump this week that sent gold prices dramatically higher and equity pricing to its lowest level since November 2017 . . . .

As a 155-year-old legend goes, a Union Army wagon train left Wheeling, W.Va., before the Battle of Gettysburg, carrying two tons of gold, but never completed its 400-mile mission . . . .

Legislation making its way through the Alabama legislature would exempt gold and silver from state taxes, thereby facilitating the use of precious metals in commerce while ending what supporters of the legislation say is unfair treatment of dealers and investors . . . .