You are here
New York Sun: Avoiding 'price volatility' is no defense for Fed against Shelton
Judy Shelton Gets a Green Light for Vote by Full Senate
From The New York Sun
Tuesday, July 21, 2020
The vote of the Senate Banking Committee to confirm Judy Shelton for a governorship of the Federal Reserve marks an important step in the right direction for our central bank.
It was a party-line vote, but it sends the nomination to the floor with a favorable signal -- amid a Covid crisis that has put great strains on the economy. The Washington Post reckons the nomination "will likely be assured through a vote by the full Senate."
... Dispatch continues below ...
Storage and Withdrawal of Gold with Bullion Star in Singapore
Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.
Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.
Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.
For more information, please visit Bullion Star here:
We certainly hope so, though we take nothing for granted. As the vote neared in the Banking Committee, there was a flurry by the Democrats to try to reopen the debate on Shelton within the committee. "The last thing we need right now," said Sen. Sherrod Brown, the ranking minority member, "is more price volatility and instability that will only end up hurting working families and businesses more."
Price volatility? One has to pinch oneself to remember that as Senator Brown was speaking, the value of the Federal Reserve's one-dollar electronic irredeemable paper ticket note was plunging yet again -- to less than an 1,840th of an ounce of gold. That means that the value of the scrip America’s “working families” use as their money is off 35 percent since President Trump acceded to office. It's nigh the weakest dollar in history. ...
... For the remainder of the commentary:
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
Buyers can compose their case by choosing as many as four varietals from the list here:
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at firstname.lastname@example.org.
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at email@example.com.
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: