Gold $2,390.50   $-25.70  Silver $28.63   $-0.56  Platinum $951.30   $-14.30  Palladium $935.50   $-13.50

Buy GOLD and SILVER: Modern Monetary Theory: Part Three:

Gold: $ 1572.80 Silver: $ 18.13 Platinum: $ 1009.00 Palladium: $ 2494.00

Dateline: Del Mar, CA: Friday, January 24, 2020

FNB is a precious metals industry leader. Each weekday, we post information and financial facts (and opinions!) that relate directly to the financial markets and also that have direct impact upon the daily lives of investors.

In our last session, FNB launched a series titled: “Modern Monetary Theory.”

In this session, FNB will dive into the concept of money as a replaceable commodity.


‘Modern Monetary Theory’ asserts that money is a replaceable commodity. What on earth does this mean?

What those who profess ‘Modern Monetary Theory’ mean when they state that money is a ‘replaceable commodity’ mean that money is both ethically challenged and patently unfair.

The Modern Monetary Theorists Remind All:

In a fair society, all goods and services would be ethically valued
In a fair society, goods and services that receive less demand than others would be made more equitable
In a fair society, durable goods that trade at higher values would be diminished to bring them in line with nondurable goods that trade at lower values
In a fair society, products that travel long distances to market and are deemed of a higher valuation would be leveled to meet lower standard goods produced in local markets
In a fair society, this leveling would create the setting where money is realized, ‘claim on resources’ and not measured by quality and/or some third party value description
In a fair society, all work–regardless of skill or attentiveness to detail would be valued and remunerated as, ‘equal’

The question arises, “Could The Sovereign State force its citizens to accepts its worthless tokens of payment and in so doing devalue the weight and potential profitability of their learned skills?”

The answer seems to be a resounding, “Yes The State Could…and Most Assuredly Will.”

In our next session, FNB addresses the enforcement power of the authoritarian State.

FNB strongly urges all savvy and thoughtful investors to ramp up their physical gold coins, bars and bullion holdings. FNB invites all to visit our website:

FNB invites all that live in or near our three physical locations in San Diego, Del Mar and Scottsdale to stop in and visit and meet one-on-one with our Team of precious metals experts.

FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.

FNB remains diligent and unwavering in the call for common, average American people to seek out the Safe Havens of gold and silver coins, and gold and silver bullion.

FNB, a national precious metals industry leader and reputable gold and silver coin dealer urges investors, bond-holders, speculators and all who manage and/or oversee their family’s financial portfolio begin now migrating larger allocations into the historical safe harbors of: Gold and Silver.

Jon Cavuoto,

Founder and Owner,
First National Bullion