Fed's 'Shady' Gold Secrets Spark Audit Bill; A 'Reckoning is Near'
Fed's 'Shady' Gold Secrets Spark Audit Bill; A 'Reckoning is Near'
Daniela Cambone: 6-11-2025
“The gold might be there—but who owns it? That’s the real question,” asks Jp Cortez of the Sound Money Defense League.
In today’s interview with Daniela Cambone, Cortez calls for a comprehensive audit of U.S. gold holdings, highlighting the recent reintroduction of the Gold Reserve Transparency Act of 2025 by Rep. Thomas Massie.
“An ounce of gold can change hands a thousand times without moving a single inch,” Cortez explains.
With Florida recently eliminating its sales tax on gold and silver, and more than 40 other U.S. states partially or fully exempting sales tax on these metals, Cortez views this growing trend of tax exemption as a reaffirmation of “the constitutional role of gold and silver as real, tangible money in our modern economy.”
Chapters:
00:00 Why the gold reserve transparency act matters?
5:54 Jp’s take on whether the gold is really there.
7:07 Why gold isn’t liquid?
8:45 How the bill could restore confidence?
9:48 Challenges the bill might face.
11:41 What’s next for Florida?
15:40 Fed: Rising interest in sound money may challenge policy.