Vincent Le

Posted by Vincent Le on 23 Apr 2024

Stefan Gleason - U.S. States Seeking Shelter From the U.S. Dollar


In a wide-ranging interview, Patrick Vierra of Silver Bullion TV spoke with Stefan Gleason, CEO of Money Metals Exchange, about the growing sound money movement sweeping across U.S. states. Gleason provided insightful commentary on the efforts underway to remove taxes on gold and silver transactions, prompt states to hold precious metals as reserve assets, and establish them as legal tender.

Despite facing resistance from some state leaders, the movement has made significant strides, with 45 states now exempting gold and silver purchases from sales tax. However, as Gleason pointed out, the federal government remains firmly opposed to sound money principles, instead favoring fiat currency and exploring the potential implementation of a central bank digital currency (CBDC). This emerging conflict between states embracing sound money and the federal government's stance sets the stage for an intriguing ideological battle with far-reaching implications for the U.S. financial system.

Gleason's thought-provoking perspectives shed light on the challenges and opportunities surrounding the re-monetization of gold and silver. From state legislative battles to the potential risks of CBDCs, this interview offers a captivating glimpse into the larger economic and monetary forces at play. Whether you're a precious metals investor, a policy enthusiast, or simply curious about the future of money, this interview is a must-watch for anyone seeking a deeper understanding of the ongoing sound money revolution.


0:00: Inflation Awakening: Government Blamed for Economic Issues
4:41: States in the US exploring use of gold and silver to enhance financial security and stability.
9:43: Challenges in investing in mining companies due to poor capital allocation and reliance on fiat money.
13:51: Government manipulation of monetary policy leads to debt and inflation, with blame shifting to corporations.
18:18: States facing challenges due to taxes on precious metals, impacting businesses and events, leading to success in promoting sound money.
22:57: States opposing federal monetary policy, seeking alternative currencies like precious metals.
27:18: Concerns arise over repatriation of gold held at the New York Fed, sparking evasion of inquiries.
31:47: Gold ownership potential, Central Bank buying, and government restriction concerns.
36:24: Awareness and accumulation of gold and silver assets increasing among the public.

Silver Bullion TV

SBTV features interviews and analysis from experts and commentators in the precious metals industry. The channel aims to educate viewers on gold, silver, platinum, palladium and the economic/investment factors impacting these markets.

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