According to the Monthly Treasury Statement, the federal government collected $5.4 trillion and spent $7.4 trillion. The U.S. is spending $1.37 for every $1 collected. That deficit has accumulated to $1.99 trillion in fiscal year 2026.

Our executive director @JpCortez27 will be speaking at the 52nd annual New Orleans Investment Conference. The event is less than two weeks away. Primary registration ends soon so get your tickets soon!

Our director @JpCortez27 went on @SmarterGameShow to explain that government edicts cannot make unsound money sound. Gold & silver stand the test of time as sound money, not because politicians say so but because markets recognize their value and unique properties.

Fed minutes, released 10/7: participants worry that after “more than five years of inflation above 2 percent,” it “could begin to affect” expectations. A dollar saved in 2020 only buys about 77 cents today. What about the purchasing power that has been lost in those 5 years?

California's AB 2633 makes secondhand-dealer reporting and holding rules inapplicable to coin dealers. Regulations built for jewelry and pawned goods do not fit sound money.

Americans now expect prices to rise 4.6% over the next year, up from 4.0% in August and 3.4% in February, according to the University of Michigan’s final September survey.

For decades, @RonPaul has warned about the dangers of manipulated money. The more power government has over money, the less control people have over their own wealth. Sound money puts a limit on that power.

In 1526, Nicolaus Copernicus wrote about the dangers of inflation and currency debasement. This writing was as pertinent 500 years ago as it is today.

Joseph Solis-Mullen studied the Hunt Brothers silver price episode through an Austrian economic perspective, offering the instability of monetary expansion along with shifting regulatory requirements as explanation for this price shock rather than private greed.

Sound Money Fellow Anton Chamberlin produced original research about the effects of monetary policy, and the uneven impacts to the housing market accessibility and family formation.