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The politics of sound money: What’s at stake

By Clint Siegner
web posted May 23, 2022

An occasional critic will ask that we “stick to our lane” and limit  commentary to metals and the markets. They would prefer we avoided  politics. When it comes to gold and silver, that is easier said than  done.

There is no separating the metals markets from the world affairs motivating people to buy physical bullion.

Good luck to a market commentator who sets out to explain the price  action over the last few weeks without acknowledging the larger,  unnatural forces at work. Rampant cheating, regulatory capture, and  algorithmic trading have all but divorced market prices from  fundamentals such as supply and demand.

Gold and silver have a very long history as honest money. And money  is one of the central battlefields in the ideological war between  globalist elites and those seeking limited government and personal  liberty.

The globalists are preparing to roll out Central Bank Digital  Currencies. If they can convince people to adopt this next evolution of  fiat money, they will attain a level of information and control that  prior generations of central bankers only dreamt of.

The alternative to a crooked and failing monetary system is a  currency which is unprintable and beyond the control of socialists and  sociopaths. Gold and silver are central to an honest money system.

Earlier this month West Virginia Republicans delivered an overwhelming  victory to pro-sound money candidate Alex Mooney in his primary battle  to retain his seat in the U.S. House of Representatives.

Representative Mooney is one of the leading voices in Congress for  auditing the Federal Reserve and restraining its powers. And he has put  forth legislation that would repeal discriminatory capital gains taxes  on gold and silver bullion as well as comprehensively audit America’s  gold for the first time in 70 years.

Our company’s leadership, like the vast majority of our clientele,  has chosen a side. We are committed to sound money principles that  include limited government and personal liberty.

Money Metals is located in Idaho. In “red” states, such as Idaho, the primary election is where the real choices are made.

Last week a small minority of Idahoans voted in the state primary  along with voters in four other states. And many other state primaries  lie just ahead.

The stakes are particularly high this year. Most Americans can feel it, but they won’t bother to vote in their primary.

We hope goldbugs will be an exception. If we don’t seize this  opportunity to elect leadership with values matching our own, there may  not be another. ESR

Clint Siegner is a Director at Money Metals Exchange, a precious metals dealer recently named "Best in the USA" by an independent global ratings group. A graduate of Linfield College in Oregon, Siegner puts his experience in business management along with his passion for personal liberty, limited government, and honest money into the development of Money Metals' brand and reach. This includes writing extensively on the bullion markets and their intersection with policy and world affairs.

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