The Fed’s Gold Standard Confusion
2024-11-22
Why did the United States abandon the gold standard?
In an article published recently by the Federal Reserve Bank of St. Louis, Maria Hasenstab cites the international gold shortage during the Great Depression. “Countries around the world basically ran out of supply and were forced off the gold standard,” she writes.
Ask Mike Anything!
2024-11-13
You have questions? We have answers! In this episode of the Money Metals’ Midweek Memo, host Mike Maharrey answers listener questions. He covers a wide range of topics including de-dollarization, precious metals in IRAs, how to end the Fed, and the long-term viability of the current monetary/political system.
Money Metals Depository: Learn More About America’s Newest and Largest Precious Metals Vault!
2024-11-11
🏦 From Small Beginnings to a Massive Precious Metals Powerhouse! 💎
Join us on an incredible journey from a tiny second-floor office in downtown Eagle, Idaho to the LARGEST precious metals depository west of New York! 🚀
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• 37,000 square feet of pure security
• Twice the size of Fort Knox!
• Quarter of the space dedicated to Class 3 vaults
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• Physical layer: Top-tier steel and concrete
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• Buy and sell precious metals
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A dream 14 years in the
Is the Dollar REALLY In Trouble?
2024-10-30
There’s been a lot of talk about the demise of the dollar.
Has the treat of de-dollarization been greatly exaggerated? Or is the greenback’s role as the global reserve currency threatened?
In this episode of the Money Metals’ Midweek Memo, host Mike Maharrey takes a hard look at the dollar’s status in the context of the recent BRICS summit. He argues that while it doesn’t look like the dollar will go down any time soon, it’s a little early to breathe a sigh of relief.
Gold Holds Steady as Stock Market Weakens
2024-09-06
This week, Chris Powell of the Gold Anti-Trust Action Committee, gives an explanation of why governments want to keep a lid on precious metals prices, how the weaponization of the dollar has become a very dangerous policy for the U.S. government, and also makes the case that the healthy rise in the price of gold over the past 25 years is a serious indictment against central banks and an indication of how efforts to limit gold’s gains have been less and less successful. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
You Don’t Know What You Don’t Know!
2024-07-24
You don’t know what you don’t know.
And that can be a big problem if you’re an investor or a central planner.
In this episode of the Money Metals’ Midweek Memo, host Mike Maharrey talks about the "knowledge problem" and explains why it, along with hubris, is the Achilles heel of central planning. He applies this truth specifically to Federal Reserve monetary policy with the help of an interesting history lesson.
Inflation Is Probably Worse Than You Think!
2024-07-03
Government officials and media pundits keep trying to tell you that inflation isn’t really that bad. In fact, the economy is great! You just don’t realize how good you have it! In this episode of the Money Metals’ Midweek Memo, host Mike Maharrey takes on the myth that it’s not that bad. In fact, he argues that it’s probably worse than you think.
In this episode, he also overviews the most recent central bank gold buying data.
Gold as an Inflation Hedge? The Proof Is in the Pudding
2024-06-20
During this inflationary cycle, gold tended to sell off with any hot inflation news. Conversely, mainstream and institutional investors tended to buy when inflation appeared to be cooling. Does this prove gold really isn’t an inflation hedge?