Money Metals Launches Extensive Line of Gold and Silver Bullion Products

Above, an 1890 uncirculated Morgan Silver Dollar. Photo by Armand Vaquer.

In recent years, I have bought several coins from Money Metals Exchange, a top leader in coin investing.

They have introduced a new lineup of gold and silver products. This new lineup has garnered a lot of attention as several news outlets have posted articles.

One was from Fox8 WGHP:

EAGLE, ID / ACCESS Newswire / April 22, 2025 / Money Metals Exchange, a national leader in precious metals investing and sound money advocacy, is proud to announce the launch of its exclusive line of Money Metals gold and silver bullion products.

This new lineup provides investors and collectors with an affordable option to acquire physical precious metals like gold and silver, increasing their holdings with greater variety, flexibility, and style.

Whether you are a seasoned collector or investor in precious metals, or just getting started, the Money Metals branded line offers a cost-effective option for everyone. These exclusive products are designed not only to store value securely, but also to lower the costs and barriers to entry traditionally associated with buying gold and silver.

An added benefit of investing in Money Metals branded gold bullion and silver bullion products is that there is a lower premium, which is the cost above the gold spot price or silver spot price that companies charge to do business.

To read more, go here. 

Attacks On Rule of Law Point to Need for Off-Grid Money

It will be interesting to see how the lawsuit against Gov. "Malevolent Michelle" Lujan Grisham's executive order on guns fares.

National Association for Gun Rights said it would file the lawsuit.

Money Metals Exchange took a look at all of this and they feel this illustrates the need for off-grid money.

They begin with:

The assault on individual rights is accelerating, and investors would be wise to think about the assets they hold in a world where the rule of law is failing.

Last week, New Mexico Governor Michelle Lujan Grisham banned citizens from carrying firearms in Albuquerque. She was neither bothered nor slowed by recent U.S. Supreme Court affirmations of the 2nd Amendment.

Now, unless sheriffs in the state develop the backbone to stand up for citizens, gun owners in New Mexico have a tough choice to make. Those who decide they will not comply with Grisham's illegal order could be arrested and prosecuted.

Being arrested is possible and, these days, partisan attorneys general show no qualms about targeting political opponents for prosecution.

 To read more, go here.

Silver Dips Below $23.00/toz; More States Consider Sales Tax Exemptions On Precious Metals

Silver dipped below $23.00/toz yesterday and that's where it is as we are at the end of the week.

That doesn't bother me, however. Whenever silver's spot prices drop, I see that as opportunities to buy more of it. As the old adage says, "Buy low, sell high!"

Speaking of buying, New Jersey has introduced legislation to end sales taxation on precious metals following Mississippi's law ending sales tax on precious metals went into effect.

According to Money Metals Exchange:

Assessing a state sales tax on the purchase of gold and silver is becoming an outmoded, indeed outrageous, practice – but a small number of U.S. states still engage in it.

Several of the remaining seven states that tax all precious metals purchases are presently considering enacting their own exemptions, and just this week Mississippi bureaucrats formally stopped slapping these taxes on citizens.

A culmination of a four-year campaign by Money Metals Exchange and the Sound Money Defense League, Mississippi Governor Tate Reeves signed Senate Bill 2862 in April and, as of July 1, all purchases of gold, silver, platinum, and palladium coins, bars, and rounds are fully exempt from sales tax in the Magnolia State.

Mississippi follows Virginia (2022), Tennessee (2022), Ohio (2021), and Arkansas (2021). Meanwhile, New Jersey and Wisconsin could be the next two states to remove sales taxes from the monetary metals.

In fact, members of the New Jersey assembly unanimously voted last week to pass A5294, sending the bill to the state senate for concurrence. And Wisconsin is expected to hold hearings on an exemption bill in September.

Hawaii, Kentucky, New Mexico, Vermont, Maine, New Jersey, and Wisconsin are the only remaining full sales tax states – and none of them border each other. That means these states are surrounded by tax-exempt states, further increasing the pressure to act.

That's certainly one of the reasons Mississippi passed its sales tax exemption this year. It's embarrassing to the politicians when they see that citizens are taking their business to other states.

Citizens in Hawaii, Kentucky, New Mexico, Vermont, Maine, New Jersey and Wisconsin need to contact their state representatives and get them on the ball to end sales taxation on precious metals.

To read more, go here. 

Rep. Mooney Aims to Block Fed's Digital Currency Scheme

Opposition to having a Central Bank Digital Currency (CBDC) imposed on Americans is growing.

Along with privacy issues, having dollars replaced by a digital currency can put people's life and retirement saving in jeopardy with a push of a button.

One congressman has introduced a bill to block CBDCs.

Money Metals Exchange reported:

In recent days, sound money champion Congressman Alex Mooney (R-WV) introduced H.R. 3712, the Digital Dollar Pilot Prevention Act – legislation that would block the Fed from unilaterally pursuing any form of central bank digital currency (CBDC) scheme.

"Congress cannot give an inch when it comes to CBDCs. CBDCs would threaten the liberties of law-abiding Americans and are being used by authoritarian countries right now to crack down on dissent," said Rep. Mooney.

Rep. Alex Mooney (R-WV) is now running for U.S. Senate

H.R. 3712 is the latest in a growing backlash to central planners' designs to further centralize government control of currencies, including creating a greater ability to track all financial transactions, disallowing certain types of purchases, and even outright "turning off" a targeted individual's access to money.

Rep. Mooney's bill defines "central bank digital currency" as "a form of digital money or monetary value, denominated in the national unit of account, that is a direct liability of the Federal Reserve."

People should contact their representative and urge them to support Mooney's bill.

To read more, go here.

Dollar Losing Reserve Currency Status: So What?

Some are beginning to panic that the U.S. dollar will lose world reserve currency status.

Well, perhaps that this isn't such a bad idea. Can anyone name one benefit that Americans receive by having the dollar as the world's reserve currency? I sure can't.

Money Metals Exchange took a look at this and sees that if this happens, it won't affect our standard of living. It is not about economic concerns, it's all political.

They begin with:

Earlier this month, Larry Kudlow insisted that it is "it's incumbent on the U.S. government, no matter who's in power, to maintain the reserve currency status of the dollar." Kudlow laments that a toppling of the dollar from that perch "seems to be the direction we're going in."

Kudlow's remarks came a day after Donald Trump declared that China is trying to displace the U.S. Dollar [sic] as the NUMBER ONE CURRENCY" and that if this occurs, it would be the biggest defeat for our Country [sic] in its history."

Neither Trump nor Kudlow actually explain why maintaining reserve currency status is so important. After all, it's clear that it is not necessary for a country's currency to be a reserve currency in order for that country to have a high standard of living and a high degree of economic freedom. We could simply look to Norway and Switzerland to see that.

What's Good for the Government Isn't Necessarily What's Good for the People

Trump and Kudlow seemingly can't tell the difference between what is good for the US government, and what is good for the people. The idea that global reserve currency status for the dollar is essential to "America" relies on the false notion that the interests of the US regime and the interests of ordinary taxpaying Americans are one and the same.

To read more, go here. 

Gold: FDR's Other "Day of Infamy"

The following was way before my time, but it should be recognized that it was one of the beginnings of the ruination of the U.S. dollar. It took place 90 years ago yesterday.

On April 5, 1933, President Franklin D. Roosevelt issued an executive order forcing the American people to surrender their gold. This was illegal on the face of it as executive orders cannot be directly applied to citizens. But he did it anyway after congress passed an unconstitutional law, the Gold Reserve Act of 1934, that gave FDR dictatorial power. Like sheep, the American people complied.

The story of the "other day of infamy" of FDR has been posted at Money Metals Exchange.

It begins with:

Ninety years ago, Franklin Roosevelt told Americans they had less than a month to hand over their gold or face up to ten years in prison.

December 7, 1941 will forever be remembered as, in the words of Franklin Delano Roosevelt, "a date that will live in infamy." Another infamous date is April 5, 1933—the day that FDR ordered the seizure of the private gold holdings of the American people.

By attacking innocent citizens, Roosevelt bombed the country's gold standard just as surely as Japan bombed Pearl Harbor.

On this 90th anniversary of the seizure, it behooves us to recall the details of it, for multiple reasons: It ranks as one of the most notorious abuses of power in a decade when there were almost too many to count.

It's an example of bad policy imposed on the guiltless by the government that created the conditions it used to justify it. And the very fact of compliance, however minimal, is a scary testimony to how fragile freedom is in the middle of a crisis.

Suddenly on April 5, 1933, FDR told Americans—in the form of Executive Order 6102—that they had less than a month to hand over their gold coins, bullion and gold certificates or face up to ten years in prison or a fine of $10,000, or both. 

To read more, go here. 

Will Bank Collapses Cause A Run On Gold and Silver?

Above, 2022 Canadian silver Maple Leafs. Photo by Armand Vaquer.

People are anxious over the banking crisis.

They are concerned that their bank savings accounts will go up in smoke, leaving them flat broke. They are beginning to turn to buying precious metals such as gold and silver.

The question arises, will this cause runs on gold and silver, thereby driving up prices?

An article in Yahoo! Finance takes a look at this.

They begin with:

The recent failures of Silicon Valley Bank and Signature Bank, two of the largest banks in the United States, piled on top of existing crises like inflation and the war in Ukraine, have raised concerns about the stability of the global financial system.

As investors search for ways to protect their wealth in these uncertain times, many are looking to precious metals, especially gold and silver, as a safe haven. The question on the minds of countless experts and analysts is whether bank runs and failures could lead to a run on gold and silver, driving their prices up.

The failures of Silicon Valley Bank and Signature Bank have exposed the vulnerabilities of the banking system, even in developed countries. In light of these incidents, some experts are warning that more bank runs could occur, particularly in the face of ongoing global crises such as geopolitical tensions, inflation and economic uncertainty. As these factors continue to shake the financial world, investors are turning to gold and silver as a means of preserving their wealth.

Analyst Mike Gleason of Money Metals Exchange explains in an FXStreet article that bank runs can lead to a run on gold and silver as investors seek to safeguard their assets from the risks associated with traditional banking institutions. Physical gold and silver can be a great choice in these situations because they are considered some of the best safe-haven assets and incur no counterparty risk.

To read more, go here. 

Silver Up 6.23%

In the financial banking world, today is shaping up to be one wild ride.

I just checked Monex on the latest spot price for silver.

Here's where it stands:

This is in stark contract over last week. 

Money Metals Exchange posted the following on what's happening today and last week's numbers:

 

What a difference a couple of bank collapses make!

Fed Reserve Chair Jerome Powell's "Whopper"

Above, Federal Reserve Chairman Jerome Powell. 2022 official portrait.

GoldSeek.com posted an article by Mike Gleason of Money Metals Exchange on bank runs and the gyrating rates for gold and silver resulting this past week over the collapse of two banks.

The article quotes an incredible statement by Federal Reserve Chairman Jerome Powell on the U.S. dollar during a discussion of the dollar's status of the world reserve currency.

Here's how that one went:

On Wednesday, Powell spoke before the House Financial Services Committee. He was asked by Republican Congressman Blaine Leutkemeyer about threats posed by Russia and China to the U.S. dollar’s status as world reserve currency. Powell’s response included a whopper about the dollar retaining its value.

Rep. Leutkemeyer: In the wake of Russia's unprovoked invasion of Ukraine, the Fed took action to prevent the Kremlin from accessing more than $300 billion in reserves, roughly half of Russia's reserves. However, this led to an accelerated effort by countries like China to de-dollarize their official foreign exchange reserves. Just last week there was an article in The Wall Street Journal titled Russia Turns to Yuan in an Effort to Ditch the Dollar. Are you concerned about these actions by Russia and China to establish different reserves and conduct transactions in non-U.S. dollars?

Jerome Powell: So, the U.S. dollar is the widely accepted and really the only serious candidate for the world's principal reserve currency, and that's because of our democratic institutions, our liquid markets, the rule of law, and all those kinds of things. And also, the fact that the dollar has held its value over time.

It’s a bit much for Powell to boast about the Federal Reserve note retaining its value at a time when inflation is still raging. For the past two years, the Fed has failed to achieve price stability by its own definition.

Of course, rising prices are a direct consequence of the currency losing value. Since the Fed’s creation in 1913, the U.S. dollar has lost roughly 98% of its purchasing power. Put another way, it has retained only 2% of its value over time.

To read the full article, go here. 

Banks To Collapse Like Dominoes?

Will banks continue to collapse like dominoes? That is something that could happen, which nobody wants.

First, I saw a March 10 article in coin/bullion dealer Money Metals Exchange, speculating that this scenario may be beginning to happen.

They wrote (some snippets):

On Wednesday, March 8, 2023, Silvergate Capital announced it ended operations and liquidated its Silvergate Bank.

This announcement sent its stock price plummeting, following a months-long downward spiral for Silvergate Bank, which was over-exposed to cryptocurrencies.

One day later, Silicon Valley Bank informed some clients that wire transfers could be delayed.

The bank's support phone lines became inaccessible.

In addition, numerous customers stated having difficulty logging in to the company's website to view their account information and make transfers.

One of the prevailing themes is that the Fed has been trapped via its mandate to fight inflation and maintain high employment.

Rate hikes had never accelerated so high in such a short duration. Critics of this monetary policy stated, "The Fed will keep hiking until they break something."

Things have been breaking in the past two days:

• First Republic Bank based in San Francisco, saw its shares plummet 16.5% Thursday and 15% Friday to $80 a share, a new 52-week low.
• Phoenix-based Western Alliance Bancorp stock lost nearly 35% and trades at $49 a share.
• New York-based Signature Bank stock fell more than 21% to $82, a 52-week low.
• Salt Lake City-based Zions Bancorp stock fell more than 13% to a 52-week low of $40 a share.
• Pasadena-based East West Bancorp shares were down more than 12% to $64 a share.
• Minneapolis-based U.S. Bancorp stock lost 7% to close at $42.30 a share.

Second, this was posted today by Finbold:

The United States financial system has been rattled by the collapse of Silicon Valley Bank (SBV) and Silvergate Bank within 48 hours as economic uncertainty prevails. Therefore, some financial sector players project that the situation will likely worsen in the coming days. 

In particular, Robert Kiyosaki, the author of the best-selling personal finance book “Rich Dad Poor Dad,” has warned that a third lender will likely follow suit. He stressed that the situation would positively impact precious metals in a tweet on March 10.

According to Kiyosaki, his prediction aligns with a 2008 forecast of the collapse of the Lehman Brothers. Notably, the failure deepened the 2008 financial crisis, and the incident was considered a defining moment. 

“Two Major Banks have crashed. #3 set to go. BUY real gold and silver coins now. No ETFs. When Bank #3 goes gold & silver rocket up. 2008 I forecasted collapse of Lehman days before it crashed on CNN. If you want proof go to RICH DAD .com,” he said.

Well, silver's spot price did shoot up around $.50/toz yesterday following the collapse of Silicon Valley Bank.

Remember, the domino effect of bank failures was a cause of the Great Depression.

I plan to contact my banker and review my retirement investments. Some adjustments may be in order.

By the way, while all this has been going on, His Fraudulency Joe Biden headed off for another vacation.

The Cost of Investing in Precious Metals

Above, 2023 Silver Britannia coins from the Royal Mint. Photo by Armand Vaquer.

The Biden Administration is screwing up the economy. Billions are being sent to Ukraine to the extent that we may be left without enough arms for our own defense, thereby goading Russia into World War III. Millions of illegals are flooding across our border with no resistance. Congressional spending has gone into the stratosphere with Biden's approval. 

Small wonder there's runaway inflation. This is forcing people to seek a hedge in precious metals. Day by day, the dollar is losing value.

What is the cost of in investing in precious metals? This question is the topic of a new article in The Epoch Times.

They start it off with:

Gold and silver and other precious metals like platinum and palladium provide valuable security in times of financial turmoil. Despite price fluctuations, physical precious metals pose no credit risk and retain an intrinsically high economic value even when the stock market crashes.

What are the costs of precious metals investing, and what associated expenses are involved in a precious metals portfolio?

To read more, go here.

Why More Americans Are Choosing .999 Pure Silver

  

Along with what Reagan said above, inflation is also caused by the "printing press" money the government churns out. 

Republicans are also guilty as Democrats in government over-spending and churning out fiat currency with nothing backing it. 

As inflation is roaring under His Fraudulency Joe Biden, Kevin O'Leary of Money Metals Exchange put it bluntly on CNBC on why people are turning to coins, bullion and silver rounds as hedges against inflation.

He said:

MONEY METALS – Kevin O'Leary bluntly stated on CNBC why Americans have more reason than ever to move some of their wealth from dollar-denominated investments into hard assets like silver rounds –

“You print $6.72 trillion in thirty months, what the hell did you think was going to happen? Of course there's going to be inflation.”

And Mr. Wonderful's figures are on point, says the Foundation for Economic Education. Federal Reserve data show that in August 2019, the U.S. had $14.9 trillion total in circulation. By January 2022, it was $21.6 trillion.

That's 44.97% more Federal Reserve notes chasing substantially fewer goods due to shortages of everything from medications to microchips to eggs – the classic inflationary set-up. Anything denominated in U.S. dollars – stocks, bonds, cash – is losing value daily.

To read more, go here. 

Elite’s Obsession With Achieving Total Financial Control

The government would love nothing more than to control everything we say and do. That also includes how we spend our own money and where we do.

We've seen how under government pressure Obama's "Operation Choke Point" pressured banks into  closing accounts and/or reducing services to lawful businesses including firearms dealers, payday lenders, coin dealers and businesses in other targeted industries.

From American Banker:

Operation Choke Point was real, and it exceeded legal limits. Overwhelming evidence, in the form of more than 900 pages of newly unsealed emails and depositions, proves government officials illegally targeted lawful businesses in an ideological crusade based on personal disdain.

Operation Choke Point was ended by President Trump, but His Fraudulency is trying to bring it back.

The elites, as Money Metals Exchange points out, have an obsession of achieving total financial control of everyone's money. This is a direct attack on liberty, pure and simple.

They begin with:

Federal bureaucrats use proxies to stifle all kinds of activities they don’t like. The “Twitter Files” are revealing this tactic to a new wave of Americans, but it has been around a long time.

The bureaucratic assault on the First Amendment is part of a larger movement to end personal liberty. The ultimate goal may be to assume financial control over the populace through implementation of a central bank digital currency (CBDC).

If officials can replace the existing currencies with digital, programmable money, they will claim the power to dictate if, when, and where individuals can spend money as well as what they can spend it on.

Those who question whether forces inside the federal government are actually pursuing such power may wish to review recent history around the Federal Reserve note "dollar."

To read more, go here.