Submitted by Mike Maharrey via ActivistPost.com,
An Arizona bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency, passed an important House committee this week. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money.
Submitted by Mac Slavo via SHTFPlan.com,
Beware of what may be coming next. We already know the establishment has a plan to blame President Trump for the next financial crisis, and now there are moves being made that will support that narrative.
After the 2008 fiasco, a spotlight on Wall Street misbehavior and some weak, but better-than-nothing regulations were put on the industry in the hopes of preventing another string of bank failures and crippling economic disasters.
Disappointing earnings growth this morning seemed to convince traders that The Fed would likely be on hold through March (and The Fed's statement earlier in the week did nothing to help_ but after tumbling all morning, the dollar is now jumping higher because The Fed's John Williams says he "sees some arguments to raise rates in March."
The Fed is clearly in panic mode that they have lost contro of the narrative...
Submitted by Mike Maharrey via The Tenth Amendment Center,
A bill introduced in the Utah legislature would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on money.
Following today's jobs report, the market's reaction to the unexpectedly strong January payrolls visualized in the charts below, is straightforward: the disappointing wage growth is an indication that the Fed may not hike rates for quite a bit longer than expected, and will likely will be forced to reduce its rate hike expectations from 3 to 2 (in line with the market) or fewer if wage growth continue to stagnate.